A few are still waiting for key third-party software. Progress assessments are largely unaudited and assessments of vendors are mostly informal. The poll shows that many of the projects have not been subjected to independent assessments and audits. Everyone else relied mostly on conversations, questionnaires, and phone calls. Nearly a third had implemented their contingency plans, while another third was still doing so.
Optimism is very high and few expect serious problems.
Our Y2K Experts remain remarkably optimistic even though many of them report that they are not yet completely ready at this late date and seem to be falling behind schedule. Hopefully, they are using the remaining time mostly to retest and double-check. Demographics of poll are optimistically biased. One-fifth said they work for a finance or banking organization. This is one of the best-prepared industries, which might explain some of the optimism expressed in the poll.