Resources for Federal Financial Institutions Examination Council (FFIEC)
FFIEC: Development and Acquisition, IT Examination Handbook
FFIEC The “Development and Acquisition Booklet” is one in a series of booklets updating the 1996 Federal Financial Institutions Examination Council (FFIEC) Information Systems Handbook (FFIEC IS Handbook). The booklet, which rescinds Chapter 12 of the 1996 FFIEC IS Handbook, provides examiners and financial institutions guidance for identifying and controlling development and acquisition risks.
The Development and Acquisition Booklet describes common project management activities and emphasizes the benefits of using well-structured project management techniques. The booklet details general project management standards, procedures, and controls and discusses various development, acquisition, and maintenance project risks. Action summaries highlight the primary considerations within each section. Examiners should use the summaries to identify primary issues within each section, but should be aware the summaries are not substitutes for reading the entire document.
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