1

Texas Nodal PresentationBoard of Director’s Meeting

September 20, 2005

2

Agenda

• Readiness Plan Update

• Transition Plan Update

3

Readiness Plan Update

• Project Management – Processes Touched / Organization / Personnel

• Facilities / Logistics / Security

• Governance – Management Oversight / TAC/TNT Roles

• IT Issues- Software Development Approach(es)

- Internal vs. External Development

- Procurement Process including Vendor Identification

- Change Management Plan

• Protocol Gap/ Clarification Analysis

• Schedule for Requirements Completion

• Update Implementation Timeline and Cost Estimate

Deliverables

4

Transition Plan Update

Protocols Requirements

Conceptual Design Detail Design

Market Testing

Readiness Criteria

Migration

Build & Test

5

Transition Plan Update TNT Recommendation

Protocols Requirements

Conceptual Design Detail Design

Market Testing

Readiness Criteria

Migration

Build & Test

TAC / PRS Each CompanyTAC Task Force(segment representatives)

6

Transition Plan Update ERCOT Staff Recommendation

Protocols Requirements

Conceptual Design Detail Design

Market Testing

Readiness Criteria

Migration

Build & Test

TAC / PRSTAC Task Force(segment representatives)

MarketCoordinationTeam (ERCOT & each MP) Each Company