Project Planner Period Highlight: 1 Plan Actual % Complete Actual (beyond plan) % Complete (beyond plan)

Each Period represents a week

PLAN PLAN ACTUAL ACTUAL PERCENT
ACTIVITY START DURATION START DURATION COMPLETE PERIODS
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Legal Framework
Contact possible bank partners and setup meetings 1 2 0 0 0%
Discuss business cases 2 2 0 0 0%
Receive term sheet 4 4 0 0 0%
Negociate term sheet 7 3 0 0 0%
Bank Due diligence 10 7 0 0 0%
Implement bank process 16 3 0 0 0%
Test bank process 16 3 0 0 0%
Evaluate state by state process with attorneys 1 2 0 0 0%
Evaluate if regulation is needed with attorneys 1 2 0 0 0%
Servicing
Make servicing model ( what needs to be done) 1 2 0 0 0%
Evaluate in house vs outside servicing options 2 2 0 0 0%
Discuss with 3rd party options 4 1 0 0 0%
Solicit and negociate price quote from 3rd party options5 4 0 0 0%
Sign 3rd party partner 9 2 0 0 0%
Implement servicing tech 11 3 0 0 0%
Implement servicing process ( messages, graphics …) 13 3 0 0 0%
Test servicing process 16 3 0 0 0%
Risk Model
Find data to build and test model , if any 1 3 0 0 0%
Build 1st version correlation model 3 3 0 0 0%
Identify data vendors needed 5 3 0 0 0%
Setup calls/ solicite contracts and quotes 7 2 0 0 0%
Site visit if credit bureau is needed 9 2 0 0 0%
Sign contract with vendors 11 2 0 0 0%
Plan 3rd party vendor process 13 2 0 0 0%
Implement 3rd process 14 4 0 0 0%
Test 3rd party process 16 3 0 0 0%
Tech
Front end 1 4 0 0 0%
Middleware 9 4 0 0 0%
Back end 5 4 0 0 0%
Data source integration 13 4 0 0 0%
Website ( Wordpress ? ) 3 2 0 0 0%
Website content pages 5 2 0 0 0%
Basic Loan Management System 16 3 0 0 0%
Basic reports by email 18 2 0 0 0%
Docusign or similar integration 20 2 0 0 0%
Plaid or similar integrations 21 2 0 0 0%
Integration with servicer 13 3 0 0 0%
Implement credit model 10 3 0 0 0%
Debugging and testing 1 22 0 0 0%
Delays 22 2 0 0 0%
SSL certificates 7 2 0 0 0%
Product and Biz Dev
Identify 1st customers 1 1 0 0 0%
Sign contract with 1st customers 1 1 0 0 0%
Identify a few borrowers, test experience 3 2 0 0 0%
Website content pages 5 2 0 0 0%
Draft form questions 7 3 0 0 0%
Finalize website process 10 3 0 0 0%
Debug website 12 2 0 0 0%
Pricing and Risk
Plan A : Make a model using data 1 3 0 0 0%
Plan B : Make a theoretical model 1 3 0 0 0%
Decide which way to go 4 2 0 0 0%
Identify data vendors 6 2 0 0 0%
Receive sample data 7 2 0 0 0%
Negociate data vendors contract and sign 9 3 0 0 0%
Receive data from vendor to test and finalize model 11 5 0 0 0%
Implement credit model 13 3 0 0 0%
Test credit model 15 3 0 0 0%
Run 1st few applications by hand 18 3 0 0 0%
Automate model 20 4 0 0 0%
Internal Working Documents
Loan documents 10 2 0 0 0%
Finalize internal policies 12 2 0 0 0%
Finalize lender documents 14 2 0 0 0%
Finalize other contracts 16 2 0 0 0%
Operations
Find office options 10 1 0 0 0%
Setup office 11 1 0 0 0%
Bookkeepers 12 1 0 0 0%
Put in place other solutions as needed ( Docusign …) 13 4 0 0 0%
Setup payroll 15 2 0 0 0%
3rd party vendors ( Docusign, Emailage…) 15 4 0 0 0%
Capital
Raise more working capital 3 8 0 0 0%
Source seed lending capital 3 8 0 0 0%
Load lending capital in the process 11 8 0 0 0%