Challenge of Managing Financial Services Projects

In Project Management Circa 2025, contributing author Howard Bruck, PMP, chief information officer for Hudson Valley Bank in Westchester, New York, USA, says that in the wake of the national and global financial crisis, project management in the industry is healthy, but project managers will face more scrutiny than ever before.

His chapter, Challenge of Managing Financial Services Projects, examines the likely future of the financial services industry.

In a recent interview with PMI, Mr. Bruck discussed a few other changes that will be likely be faced by project managers in financial services including:

• Increased scrutiny and discipline needed on the portfolio management side
• Management of massive amounts of data being created in the industry
• Need for a variable compensation approach for project mangers

To listen to the full interview with Mr. Bruck download the podcast to your desktop.