Footnote 1:
Governance authorities, such as the key decision makers, include the Capital Investment Review Committee (CIRC), Chief Information Officer (CIO) Council, and Division Executive Sponsors.
Footnote 2:
The methodology described in the
FDIC Project Management Guide is based on the Project Management Institute’s (PMI),
Project Management Body of Knowledge (PMBOK
®) Guide, which is recognized as a commercial and public sector “best practice.” Appendix C of this report provides an overview of the guide’s applicability to the FDIC.
Footnote 3:
The $31.8 million budget for ASTEP development included about $2.9 million as a contingency reserve with an estimated project completion date of March 2005. Total budget outlays estimates, including life-cycle maintenance costs, shown in the FDIC’s cost-benefit analysis was $54.7 million over an 8-year period.
Footnote 4:
NPS is a highly customized COTS product that is the major component of asset servicing systems and tracks activity on assets owned by receiverships and the Corporation.
Footnote 5:
Software that increases the flexibility, interoperability, and portability of existing infrastructure by linking or “gluing” two otherwise separate applications.
Footnote 6:
FDIC Acquisition Policy Manual, Revision 3, May 31, 2004.
