The approach used on the project is local implementation responsibility within business teams with central control. Project management resources are dedicated to the project at global, regional and local levels. We essentially completed all items on the inventory of the IT project compliant by the end of January 1999. Items on the inventory of the process control sensors and embedded chip technologies project impacting health, safety, the environment or production are planned to be Year 2000 ready by November 1999 with the complete inventory ready by December 1999. Automated action item tracking systems assured the work was done on time.
Monthly metrics are prepared showing progress on plans.
Formal core team and steering committee reviews are held. Priority and resources adjustments are made if required. Interim reports and reviews are made to the top management of the company. Our Year 2000 Program plans and schedule are designed to provide for continuous supply of products and services to meet our contractual commitments. Contingency plans have been formulated and will be further developed as conditions warrant.