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

Description

Remedial Action

There is a chance that the project weapon testing program will be affected by limitations in production capacity at the Torpedo Maintenance Facility, leading to an impact on scheduled turn-around times for weapon preparation, and cost increases.

This risk is being treated by:

• Engaging with Submarine Force (SUBFOR) and Navy Guided Weapons System Program Office (NGWSPO) to maximise weapon output to meet test schedule requirements; and

• Actively recruiting to mitigate skills shortages.

There is a chance that the weapon software development and testing program will be affected by submarine operational demands and priorities, leading to an impact on schedule and cost increases.

This risk is being actioned by:

• Engaging with stakeholders and SUBFOR to coordinate weapon testing and operational demands and priorities; and

• Engaging with SUBFOR to maximise weapon testing in order to maintain schedule.

There is a chance that productivity of the project team will be affected by a turnover of key personnel, leading to an impact on cost and schedule.

This risk is being mitigated by:

• Recruitment of appropriately skilled staff to fill vacant positions;

• Training of staff to maintain requisite skills and knowledge;

• Engaging with project stakeholders and Submarine Branch resources to mitigate loss of corporate knowledge; and

• Engagement of contractors for specific tasks where expertise is not available in house.

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

Description

Remedial Action

Nil

Nil