Xinjiang Rural Credit Cooperative Union

After the Science and Technology Center of Xinjiang Rural Credit Cooperative Union launched the PM system, it realized effective implementation of project management policies, effectively controlled project risks and got improved real-time tracking and supervision of projects as well as enhanced efficiency of operation and maintenance.
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The Science and Technology Center of Xinjiang Rural Credit Cooperative Union (Xinjiang RCCU) is using WisageTech’s 8Manage PMO to support its project management, operation and maintenance work. As a result, it can assess the feasibility of the project management policies, real-time tracking and monitoring of project work, effective control of project risks and the efficiency improvement in operation and maintenance.
 
Background
 
Xinjiang RCCU was founded at the authorization of China Banking Regulatory Commission with the registered capital of 100 million CNY. Its businesses involve CNY deposits, loans business, fund settlement, etc.
 
In recent years, all the businesses of Xinjiang RCCU have achieved great-leap-forward development and the main indicators have reached post-revaluation high. According to the China Banking Regulatory Commission, it ranks among the top in the nationwide small and medium-sized banking institutions in the operation and risk indicators ranking.
 

Solution


• Use 8Manage system as a platform for real-time monitoring of projects
• Integrate project planning and execution of system rules, templates, document libraries, etc., so that the project management system can be effectively implemented
• Carry out daily operation and maintenance through the system

Based on its own management requirements and policies, the Science and Technology Center of Xinjiang RCCU has adopted 8Manage PMO as its project and operation management platform to form an integrated solution.
 
The solution mainly including the following aspects:
 
(1)   In project management policy execution
● Standardize the indicator requirements and approval procedures for project management using the 8Manage’s strategies and parameter-setting features;
● Transform the work flow of the management policies into the project planning
● Make the document template serve as the project quality reference by using the project template and document library template features.
All these make the project management policies feasible and effective in implementation during the project execution.
 
(2)   In project management
● Leverage the advanced project planning and execution capacity of 8Manage to manage the entire project cycle based on team collaboration;
● Provide comprehensive managerial information at all levels to the leaders and project managers;
● Identify and control the project risks effectively and increase the project management efficiency greatly.
 
(3)   In routine work management
● Use the 8Manage systems functions of problem registration, assignment and reminder, status tracking, query report and statistics to realize the systematic management of operation and maintenance work.
 
Implementation Effect
 
The 8Manage system is used to integrate system rules, templates, document libraries and other project planning and execution, so that the project management policies can be effectively implemented. With it, the Science and Technology Center of RCCU smoothly completed its project management, operation and maintenance work, efficiently controlled project work and improved work efficiency.
 
Moreover, project management standardization and work planning efficiency have been greatly increased. All work can be effectively monitored such as how the work is carried out, what progress is being made, what problems have been encountered and so on. Furthermore, the 8Manage system successfully standardizes the workflow and achieves the timely accumulation of knowledge and application.
 
“We always expect a system that can manage our work, track how it is developing, how it is progressing, how much the workload costs, and what our employees are doing. The 8Manage system helps us fulfill all these management requirements. Using the system, Xinjiang RCCU has achieved project management modernization and electronization. The system has also helped us develop the good habit of frequently doing planning and summarizing.” said the Science and Technology Center of Xinjiang RCCU.

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