Cornerstone Advisors Innovative, best practices consulting for financial institutions
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System Implementation & Program Management

After the vendor selection process is complete and a contract has been successfully negotiated, Cornerstone provides Program Management Services to ensure you the smoothest possible implementation.

By building a working partnership with a team of your in-house business and technology experts, we provide real-time knowledge transfer, allowing your organization to support the new system after the initial implementation.

Acting as a bank or credit union representative, a Cornerstone Program Manager or Program Management team is responsible for ensuring that system implementations and conversions meet your business and technology requirements - on time and within budget.

Serving as liaison between the institution and the selected vendor(s), the Program Manager ensures delivery of services in accordance with the executed contract through work planning, project management and budgeting, scope control, and risk management.

Responsibilities of the Program Manager include:

  • Work Planning and Estimating
    Validate project objectives and create project plans including timelines for tasks/milestones and resource plans
  • Project Management
    Oversee the planning, documenting, development/integration, testing and implementation of the organization's system conversion across multiple vendors
  • Project Budgeting
    Forecast and track project expenses and timelines
  • Communication and Reporting
    Prepare and provide regular written and verbal updates on milestones and budget status to all stakeholders, including the applicable Steering Committee comprised of corporate executives
  • Scope Control
    Manage issues and track performance metrics of solutions, in addition to managing tradeoffs among scope, schedule and cost

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