5.1 Major Project Risks

Identified Risks (risk identified by standard project risk management processes)

Description

Remedial Action

The major risks to the project fall within the following categories:

• Schedule; and

• Attainment of contracted technical performance.

Schedule and technical performance risks arise from lack of technical maturity of key on-board sensor systems, incomplete software development, system integration and acceptance testing.

Engage and influence the prime contractor and major sub-contractors to maintain appropriate focus and commitment to deliver against the revised schedule baseline.

Revise agreed baselines following a further commercial settlement in April 2011.

Emergent Risks (risk not previously identified but has emerged during 2010-11)

Description

Remedial Action

N/A

N/A