Information Systems in Banks Coursework Example | Topics and Well Written Essays - 7500 words

Information Systems in Banks - Coursework ExampleThe nonstarter of the projects is only due to mismanagement of information systems. They recommended revising the system for companies betterment.This research has been carried out as a project management task that mostly concentrates on information systems primarily focusing on banks. by and by going through the literature it has been noniced out that, though whole demonstrate is getting segmental in some of the approach for making the project more efficient but, due to inadequate race between the sections and improper mapping total outcome is not coming satisfactory.Here, one business process model is proposed that burn down be implemented in finance companies for transactions easiness, efficient account treatment and providing a common framework worldwide. One flow chart is also provided stating how simple transaction stop take place with the proposed model.Finally, it is concluded with the theme, let information system can be maximally utilised into industries and we are in a position to cross another milestone. The future scope of this research can be developing another model which will incorporate many other constraints that have not been used here only due to tool unavailability.The main purpose of this research is to seek for the barriers that function of Information System (IS) in industry like bank, construction etc are facing and analyze the pertinence of project management approach to them. Land (2004) defined information system as system which aims to retentivity and manage information. Informatization is a process of minimizing cultural and economic barriers by information and communication technology afterward proper transforming its economic and social relationships (Kluver, 2000). Informatization of a company results into reduction of total cost and this key association has increased the possibility of organizations to use IT. Back and Moreau (2000) showed that the potential benefits of information management only can be fully maximized by making possible the information ex salmagundi throughout the organization and also crossways all its boundaries if it has any. For this reason, integration and preservation of project information is a vital thing. Due to the rapid change in business to make the company more flexible, a methodology is needed which can stomach planning, analysis and redesign of a process after taking into account of the available technology and resources. In this report, role of IT in industry and their effectiveness in the growth of an organization are described. As bell System noticed that