4.1 Major Project Risks Projects

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

Description

Remedial Action

Long-term Hornet aircraft availability may be affected by Ageing Aircraft issues, leading to an impact on performance.

Develop a business case to detail requirements of a further structural refurbishment program to address Ageing Aircraft issues.

Project Office output schedule, cost and performance adversely affected by loss of critical staff (see Note).

Develop Project staff transition plan for input into TFSPO staff transition plan.

Note:  This risk was recorded in Project risk logs as at 30 June 2009 but was not included in the 2008-09 Major Projects Report.

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

Description

Remedial Action

Inner Wing Aft Closure Rib modification will not achieve full life impacting long-term aircraft availability.

Procure Inner Wings to maintain availability should damage at modification location render Inner Wings unserviceable.