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

Description

Remedial Action

A major risk to the project is schedule slippage in the process of entering the aircraft into service and achieving full systems certification by Initial Operational Test and Evaluation Readiness in September 2009.

Risk retired following achievement of the Milestone with subsequent risk being revised for other future critical Milestones.

Skilled personnel, particularly in engineering and Test and Evaluation, are at a critical level.

Risk remains active, however is now assessed as medium.

Emergent Risks (risk not previously identified but has emerged during 2009-10)

Description

Remedial Action

There is a chance that the achievement of the remaining major and critical milestones will be affected by the contractor's inability to deliver aircraft from its production and retrofit programs in accordance with its plan leading to an impact on schedule and supportability.

Project Office to maintain dedicated Project Planners to develop and maintain a Project Office Master Schedule linked to key activities in the Prime Contractor's Integrated Master Schedule. Regular Project Management Office meetings are held with the Prime Contractor to transparently monitor and maintain schedule progression. Contractual provisions (Stop Payment) to be enforced.

There is a chance that the achievement of the remaining major and critical milestones will be affected by the contractor's inability to meet the logistic element exit criteria as a result of its underperforming subcontractor maintenance and supply support

networks leading to an impact on schedule and supportability.

Resolve remaining Spares and Support and Test Equipment provisioning lists and placement of orders. Actively manage delivery of remaining Spares and Support and Test Equipment. Collaboratively modify maintenance and supply chain configurations in the event that suppliers fail to deliver in accordance with contracted performance levels.