1. G R I P Governmental Reporting Implementation Process August 30, 2000 Presentation to the Financial Standards Advisory Committee

2. WOC 10723 1 Goals of GRIP nJumpstart the implementation process nReduce your overall time commitment nTap into KPMG’s knowledge base nProvide structure to the implementation process nEducate the participants and stakeholders

3. WOC 10723 2 P ROJECT P ROGRAM M ANAGEMENT GRIP M ASTER P LAN GASB 34 and 35 F INANCIAL S TATEMENTS P ROJECT R EADINESS A SSESSMENT GRIP

4. WOC 10723 3 June JulyAugust September JanuaryJune 20002001 Phase I Kickoff Meeting Readiness Assessment Interviews Presentation of Criticality Matrix and Results of of Interviews Present Draft of GRIP Master Plan Phase II Program Management Start of Projects Completion of Projects GRIP Timeline

5. WOC 10723 4 R EADINESS A SSESSMENT Readiness Assessment – What we have done so far !

6. WOC 10723 5 Purpose of Today’s Meeting… To Test Results from Readiness Assessment

7. WOC 10723 6 Current State/Readiness High Low Medium DeferrableModerateImmediate Criticality Readiness/Criticality Matrix

8. WOC 10723 7 Current State/Readiness High Low Medium DeferrableModerateImmediate Criticality Projects Readiness/Criticality Matrix

9. WOC 10723 8 Project Discussion

10. WOC 10723 9 What is it? Next Step GRIP Master Plan

11. WOC 10723 10 R EADINESS A SSESSMENT GRIP M ASTER P LAN GRIP Master Plan

12. WOC 10723 11 GRIP Master Plan Key Components nApproach (general course of action) nProgram structure nProject definitions and inter-relationships nRoles, responsibilities, and assignments nFor each project: –Objective and scope –Project management structure/assignments –Schedule, milestones and deliverables –Estimated cost to outsource

13. WOC 10723 12 Project Leaders and Teams