The main focus of this work is to present the importance of introducing Project Portfolio Management and Business Process Management practices in different organizations while focusing on the value and benefit for Stopanska Banka.
Project Portfolio Management is an organized approach with methodology dedicated to support selecting, prioritizing and managing right projects in alignment with the business strategy. The aim of PPM is through successful project delivery, to support organizations to achieve their business objectives and reap many long-term benefits.
Business Process Management is considered as a best practice that will provide organizations many advantages. Implementation of BPM will increase the ability to accurately design and efficiently execute processes, deliver superior quality of products and services, quicker and at minimum cost.
Both, PPM and BPM are supported by wide range of software tools offered on the market that have been developed to assist and automate the portfolio management and process management.
Stopanska Banka as a leading bank in the country is continuously striving to introduce innovative and consumer focused financial products and services, as well as to keep the good performance. The Bank as a main priority always considers introducing new practices, methodologies and technology that will ensure its strong position in the future, too. Stopanska Banka is implementing Project Portfolio Management and Business Process Management practices, first among its competitors in the country. In the organizational structure a new functional unit is added – Business Processes and Organization Division, consisting of two departments/functions – Project Management and Business Process Management.
BPO division through its involvement within all business activities within the bank, according to predefined role and responsibilities, will contribute significantly Stopanska Banka to remain the leader, to increase the profitability, more efficiently to control the costs and successfully manage the risks.
Collections
Show Collections