Helping a Major Bank Mitigate Project Execution Risk

Issue

A major bank detected a gap with respect to managing and mitigating Project Execution Risk, which was the risk associated with balancing project delivery with operations adoption.

Approach

We worked with a cross-functional client team of representatives from Risk, Projects, Operations, and Technology to device a new risk management technique on Project Execution Risk.

Outcome

Established the Governance, Methodology and Tools to measure and manage Execution Risk exposure and align with OSFI requirements at a major bank.