Project Scope Statement
Project Title - Internet Banking System Development
Project Sponsor(s) - Chief Executive Officer, Investors
Business Context for the System - The system will have capabilities to allow customers to have a secured access which will allow them to open various financial instruments and operate them online. This will help the company create an online customer market for itself and gain revenue in the financial sector. It will help the company to establish and access the online market for financial companies in the BFSI segment. (This is the field which helps to understand what business benefit can be gained out of the project)
Project Scope Description - Development of the online application, scalability of software considering demand for the next 5 years, 24 hours uptime and availability, highly secure system and easy to manage and upgrade. (This contains the technicalities which are expected from the project.)
Date Prepared - >
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Technical Information

Agreement Information

Imagine you work for a start-up company that is launching an internet bank. The internet bank will provide the following financial products and services to its customers: Accounts and deposits Credit, debit, and travel cards Loans Insurance Investments Tax services Senior management and investors have identified the following key technical factors for the success of the internet bank: Scalability: The technology and software application infrastructure must accommodate high growth and new users without impacting the service levels delivered to existing users. Availability: Users must be supported with robust, consistent, and reliable access; excellent performance 24 hours a day, 7 days a week. Security: Industry-accepted security practices and a multi-level authentication system have to be put in place to authenticate and identify each user before they access their accounts and initiate transactions. Manageability: The technology and software applications infrastructure must be easy to manage, support, and update. You have been assigned to analyze your organization and develop a technical architecture to support the business processes of this internet bank