create a Statement Of Work (SOW) which is a document that describes the products or services that the project will supply, defines the business need that it is designed to meet, and specifies the work that will be done during the project.

Scenario:

Your company, Greene City Capital Group (GCCG), is located in the U.S. and has a market capitalization of over $50 billion. The company's strategic plan calls for expanding the company by investing in the banking sector. The development and roll-out of this new business undertaking is the focus of this program. Because the plan is backed by venture capital funds, there are some high expectations in highly specified time frames. The new GCCG banks are intended to be opened in different cities in the U.S.

be sure to include

1: hardware and software, documentation and training materials that will be need

2: Expected commitments from other departments or people,

3: risk and concern

4: How do you determine that the project is completed? If there will be testing, the testing plan must be developed. If user acceptance is required, these criteria must be defined.

5: During the development and walk-through of this statement of work, unresolved issues may arise. They should be listed here

The work involved in setting up the bank and its branches will include:

Setting up operations in various cities in the U.S.

Providing banking services including corporate banking, consumer banking, trade finance, and wealth management.

Developing software for back-end operations (such as a customer database and an enterprise CRM) system.

Developing front-end solutions for each of the banking services (such as the banks website). A special emphasis on processes will emerge from the operational model to assess the benefits of processes for each service. Upon completion of the program, a continuous improvement of these processes will be ongoing.