FFIEC IT Examination Handbook
Development, Acquisition, and Maintenance booklet (August 2024) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook DAM-IV.N.1(b): IV.N.1(b) Planning (Development, Acquisition, and Maintenance)

What does DAM-IV.N.1(b) require?

In the planning phase management forms a project team that defines and refines deliverables, develops the plan with tasks, milestones, timelines and responsible names, engages stakeholders to define deliverables that meet functional, IT, information security and legal and regulatory requirements including the systems, components and resources that will interact with the new product, defines testing requirements and objective predefined acceptance criteria, and includes security and resilience design from the beginning.

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