Norwest Corporation and Subsidiaries - Page 10

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          necessary to ensure project success."  The form does not measure            
          the project's technical risk.  Rather, the form is focused on               
          process risk; that is, whether the experience and skills of the             
          project team will allow completion of the project within the                
          project's parameters, as they have been determined, including time          
          and cost.                                                                   
               C.  Phase 3:  Definition                                               
               In the definition phase, the business requirements and needs           
          are analyzed and prioritized.  Additionally, the project's impact           
          on business and technical functions is reviewed.                            
               D.  Phase 4:  Logical Design                                           
               In the logical design phase, the design (how it will be done)          
          of the business solution is completed on the basis of the                   
          requirements (what needs to be done) set forth in the definition            
          phase.  The logical design phase performs a so-called external view         
          of the project (that is, examining the project from a business              
          person's perspective to determine whether the needs of the business         
          can be met) before the development of the technical solution,               
          because the design of the business solution will often constrain            
          the technical solution.  Also in this phase, consideration is given         
          to whether the necessary software can be purchased.  Finally, an            
          investment decision is made, and the cost/benefit analysis                  
          (previously performed in the request phase) is verified.                    







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Last modified: May 25, 2011