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

Description Remedial Action

There is a possibility that the replacement combat system installation schedule will be affected by on-going changes to the FCD schedule and boat availability, leading to schedule extensions and significant cost increases to be borne by the project.

This risk is being treated by:

• Monitoring the impact of a revised Usage Upkeep cycle.

•  Establishing project prolongation costs.

• Assigning contingency funding to the last boat installation.

• Monitoring remaining project funds and budget spend.

There is a possibility that the Tactical Command Control System baseline will be affected by unforseen US Navy led baseline changes leading to an impact on cost and schedule.

•  This risk has been retired.

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

Description

Remedial Action

There is a possibility that completion of Category 3 and 4 Testing of future system integration and boat installations will be affected by a shortage of skilled personnel leading to an impact on schedule.

This risk is being treated by:

•  Engaging with project stakeholders to limit the loss impact of contractor expertise.

•  Seeking ways to mitigate the consequences of personnel turn-over and loss of expertise.

•  Initiating early recruitment action to replace personnel turn-over and to mitigate recruitment lead-times.

•  Initiating action to transfer knowledge and to share knowledge across the organisation.

•  Recruiting to maximum salary budget and Full-Time Equivalent manning numbers.