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

FFIEC IT Examination Handbook DAM-IV.O.1(a): IV.O.1(a) Initiation (Development, Acquisition, and Maintenance)

What does DAM-IV.O.1(a) require?

In the initiation phase the project team describes the purpose, expected benefits and support for entity objectives, summarises the confidentiality, integrity, availability, resilience and legal and regulatory requirements, identifies alternatives and justifies the recommended solution, management accepts, rejects or amends the request before allocating resources and may commission a feasibility study or, for modifications, a security impact analysis on existing controls, and planning coordinates stakeholders to document functional, security and network requirements, the responsibilities of third parties, audit, security and IT, the SDLC processes, phase acceptance criteria and the further items the booklet lists.

Maintained by Gerard BlokdykControl text last updated

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