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Where warranted, BaySys will create a comprehensive Project Plan or Needs Assesment detailing all aspects of a project or audit, down to the smallest component. For complex projects, such as a systems conversion or a merging of firms, there are too many moving parts for it to just "work".
Project Management ensures that all the parties are involved and accountable, that expectations are set up front, that all the stakeholders know what the priorities are, and that the work is agreed upon by all. Every aspect of the project - cost, timelines, deadlines, milestones, contingency plans and critical path will be communicated to stakeholders. Regular status meetings ensure that delays and changes to the project are communicated, so there are no surprises. The goal is to bring the project to fruition on time and under budget. BaySys has experience from merging two advisory firms to creating a centralized data processing, reconciliation and reporting department for 50,000 accounts with multiple custodians.
Project Management gives you the comfort of knowing up front what to expect and being prepared. Nobody likes surprises in business.
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