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Project Life Cycle

1. Initiation - Requirements and Planning
¨ Starting up the project
¨ Feasibility study
¨ Discovery
¨ Documenting business cases
¨ Appointing the team
¨ Setting up the roadmap
¨ Project planning
¨ Resource planning
¨ Financial planning
¨ Quality planning
¨ Acceptance planning
¨ Communications planning

2. Design
¨ Analyze Requirement
¨ Develop Models 
¨ Prototype Requirements

3. Construction
¨ Build Requirements
¨ Unit Test/Document Results
 
4. Cutover Planning
¨ Parallel Task (During Construction)
¨ Planning Conversion
¨ Data requirements
¨ Training Internal and External Sales
    teams 

5. User Acceptance Testing
¨ Compensation Governance Team Performs testing
¨ ACS supporting testing
¨ Compensation Governance Team sign-off

6. Cutover and Parallel
¨ Execute Cutover Planning (created from step 4)
¨ Data Conversion
¨ Changeover to Production systems
¨ User Training
¨ Client Sign-Off
¨ ACS in Support Roll

  Monitoring
¨ Building deliverables
¨ Controlling deliverables
¨ Scope
¨ Costs
¨ Quality
¨ Risks
¨ Issues