IT Examiner School - Oct 2025

Internal Use Only

Why Project Management Matters

No Project Oversight? What Could Go Wrong?

PROJECTS CAN GO OVER BUDGET OR FALL BEHIND SCHEDULE WHEN THERE IS INSUFFICIENT SCOPE MANAGEMENT AND POOR ADHERENCE TO TIMELINES.

ESSENTIAL DEPENDENCIES AND POTENTIAL RISKS MAY BE IGNORED, CAUSING OPERATIONAL ISSUES

WHEN ROLES AND RESPONSIBILITIES ARE NOT CLEARLY DEFINED, ACCOUNTABILITY MAY DIMINISH, RESULTING IN CONFUSION AND REDUNDANT EFFORTS.

INEFFECTIVE COMMUNICATION CAN CREATE MISMATCHED EXPECTATIONS AMONG STAKEHOLDERS.

INEFFICIENT CHANGE MANAGEMENT MAY LEAD TO SCOPE CREEP, SUBOPTIMAL RESOURCE UTILIZATION, OR FAILURES IN IMPLEMENTATION.

THE LACK OF PROPER DOCUMENTATION AND MONITORING HINDERS THE ABILITY TO ASSESS PROJECT SUCCESS OR APPLY INSIGHTS GAINED TO FUTURE INITIATIVES.

OR LAPSES IN COMPLIANCE.

Internal Use Only

FFIEC Regulatory Context InTREx Decision Factor Items to for examiners to review

• The level & quality of oversight and support of systems development and acquisition activities by senior management and the BoD.

• The quality of project management programs and practices.

• The adequacy over program changes.

• The development of information technology solutions that meet business needs of end users.

• If applicable, evaluate the adequacy of source code and programming controls

Board/Management Oversight

Project Management

Measuring Performance

Change Control

Application Security

Decision Factor DA.1.

Decision Factor DA.2.

Decision Factor DA.3.

Decision Factor DA.4.

Decision Factor DA.5.