Survival skills

As the global markets were crumbling during the recent financial downturn, banking and financial services companies became the target of much criticism and the subject of much public debate on how the industry and world governments should and could revamp the way these companies operate. As countries worldwide now begin the slow climb toward economic recovery, banking and financial services companies are changing the way they operate. This article features the senior project management office (PMO) manager for Barclays Technology Centre (Pune, India) discussing how his organization--the IT group for UK-based banking and financial services leader Barclays--is helping its parent organization use project management to implement projects that optimize spending, improve operations, and manage constraints. In doing so, it overview the organization's PMO structure and describes the PMO's operational structure. It then explains how project management is helping Barclays reduce its risks. It also identifies the compet
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