In reality, this risk can only be eliminated for a period of time-the longer the period, the greater the cost. Preserve current operations. Changes to achieve compliance should have minimal affect on the cost and efficiencies of current operations. Minimize conversion burden. The company must minimize resources diverted to the Y2K effort.
Compliance is a balance between lower cost and lower risk.
Table 1 lists seven measurements that more fully characterize the business and technical needs that should be considered in developing a Y2K program. The technical component of the Y2K challenge revolves around accurately accepting, creating, manipulating, and outputting calendar-related data. The largest concern is whether software can handle the date roll-over to the year 2000. This date change constitutes a high-risk event that conversion efforts should mitigate. Century compliance, however, is larger than the roll-over to 2000.