Question: Hello, I'm working on this assignment, but I wanted to make sure that I'm on the right way. Can you please guide me with the

Hello, I'm working on this assignment, but I wanted to make sure that I'm on the right way. Can you please guide me with the questions? Thank you so much in advance. ---------------------

Project 1: CIBC Fee Change to Personal Bank Accounts

You are the project manager on a large initiative to overhaul all Personal Bank Accounts. Included in the project is renaming the various Chequing Accounts, assigning new fees to the accounts, and determining what is included/excluded in the fee and what the per transaction fee will be for all transactions not covered by the flat fee.

The project team has agreed on the new accounts, the fee structure, and the names of the new accounts. The new accounts are planned to launch in 1 month and the operations and technology teams have started to make the necessary changes required to support the new accounts. Other important work is also well underway - The creative agency has started working on all collateral to support the launch such as the development of the branch posters, the notifications to be sent to existing customers, branch brochures, statement inserts, etc.

The VP of Marketing comes to see you and tells you she feels more customer research is required to help confirm the names that have been selected for the new accounts. She asks you to work with the Research group to get a telephone survey of the market within the next two weeks to get further customer feedback on the selected account names.

  1. What should you do?
  2. What impact will this have on your project if you go ahead with the research without following a Change Control Process?
  3. Is there any additional information you can get from the VP of Marketing that would be helpful prior to moving ahead with the change control process?
  4. Is there any information you can share with her that may help avoid this new request?

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