Biggus,
Pretty much spot on. Properly done, the only refinement is to revisit the assumptions of how you achieve things in step 2, and once you are sure that you have the most efficient solution, conduct 3 and 4.
The "challenge" / "development opportunity" is that there is apparently some temptation by certain individuals* to "take on risk" / "think outside the box" / "(insert w*nk word here)" in step 2, "demonstrating" that step 1 can be achieved with the smaller resources available in step 3. Here lies the road to perdition!
I'm standing by to be amazed by the fact that this hasn't happened this time round!
S41
*Possibly brown-nosing individuals seeking to climb what's left of the greasy pole by screwing everyone else over.
