CMM Assessment Grant IIAC Meeting - May 22 2003

1. CMM Assessment Grant IIAC Meeting - May 22 2003 Funded by Innovation and Technology Fund of HKSAR Government Managed by Hong Kong Productivity Council

2. To speed up adoption rate of CMM in HK and have early successful cases. To encourage local Independent Software Vendors (ISVs) to improve software development process and increase competitiveness. To provide assistance and advice to local ISVs in CMM assessment. To share experiences with local ISVs about CMM deployment. Objectives

3. Who are eligible to apply? • It is incorporated in Hong Kong under Companies Ordinance (Cap. 32). • It has substantial connection with Hong Kong. (A significant proportion of its research, design, development, production, management or general business activities located in Hong Kong). • It is a company with primary business focus on software development. (In-house MIS unit serving internal user divisions will not be considered.) • It has not achieved any CMM Level before.

4. Vetting criteria • Have a need and plan for achieving better software product and process quality. • Have a clear idea on the perceived benefits of achieving CMM Level 2 or above. • Demonstrate a strong commitment towards quality objectives and project plan. • Demonstrate a financial need for this Grant. Preference will be given to SMEs. The 7-member CMM Assessment Grant Vetting Committee comprise IT professionals, IT industrialists, academics and Government officials.

5. Funding support • External costs for hiring external consultants and CMM Lead Assessor is in the range of HK$500,000 to HK$800,000. • Funding support to each applicant company will be 50% of these external costs but capped at a maximum of HK$300,000. • The applicant company can choose its own choice of scheme (SW-CMM or CMMI) and level (2 to 5).

6. Reimbursement schedule • To ensure proper use of the Grant and encourage active participation of the applicant, the Grant will reimburse in 3 phases: • Upon the satisfactory progress, reimbursement will be made: • Phase 1: 20% upon finalizing Project Plan • Phase 2: 40% upon finalizing Process Manual • Phase 3: 40% upon Endorsement Letter from Lead Assessor

7. What we have done Mar 4, 2003 Announcement Press Conf Apr 4, 2003 (26 applications received) Application Deadline First Vetting Meeting Apr 25, 2003 Second Vetting Meeting May 3 2003 (Plus Applicants’ Presentations) May 12 2003 (15 applications selected) Notification First Applicants’ Briefing May 20, 2003

8. List of 15 successful applicants • Arcotect Ltd. • Automated Systems (HK) Ltd (Software Division) • COL Ltd. • Eastpro Ltd • EPRO Systems (HK) Ltd • ET Net Solutions Integrator Ltd • Excel Technology International (HK) Ltd • Future Solutions (Holgings) Ltd • ICO Ltd • Int'l Transport Information Systems Ltd • KanHan Technologies Ltd • Kinetix Systems Ltd • MillionTECH Development Ltd • We Software Ltd. • Y&A Professional Services Ltd

9. Coming Milestones now – Jul 15 2003 Applicant to Source Consultant before Jul 31 2003 Submit Quotation for Processing Signing formal Agreement before Aug 15 2003 Fast track (12 months) Aug-Sep 2003 * Phase 1 (Project Plan) Oct 2003 – Jun 2004 * Phase 2 (Process Manual) * Phase 3 (Assessment) Jul 2004 (Early Success Cases) Normal track (18 months) * Phase 1 (Project Plan) Aug-Nov 2003 * Phase 2 (Process Manual) Dec 2003 – Dec 2004 * Phase 3 (Assessment) Jan 2005 Project completion Jul 2005