You have been hired as a project manager, for XYZ Bank.

1. Based on this risks how would you change yours project implementation?
2. Critique the work break down structure

XYZ Bank Zambia Ltd

Client Background: XYZ Bank is a prominent financial institution with a large customer base and branches across the country. To stay competitive in the digital era, the bank decided to develop a mobile banking application to provide convenient and secure banking services to its customers.

Project Scope: The project aimed to develop a comprehensive mobile banking application for both iOS and Android platforms. The application needed to provide a range of features, including account management, funds transfer, bill payments, transaction history, ATM locator, and customer support. The client emphasized the importance of security, user-friendly interface, and seamless integration with their existing banking systems.

Project Timeline: The project was scheduled to be completed within 10 months.

Key Challenges:

1. Security: Ensuring the highest level of security to protect customer data and transactions from potential threats.
2. Integration: Seamless integration with the bank's existing core banking system, payment gateways, and third-party services.
3. User Experience: Designing an intuitive and user-friendly interface that caters to a wide range of customers with varying technical proficiency.
4. Performance: Optimizing the application's performance to handle a large number of concurrent users and deliver fast response times.
5. Compatibility: Ensuring compatibility across multiple devices, screen sizes, and operating system versions.