| Stage 1 - Concept to Initial Gate Identify the Risk and Opportunities in the Risk Register (by cross-reference) that are intended to be addressed, managed, and/or mitigated by contract management activities. Provide a brief description as to how Contract Management will contribute to the effective management of those Risks and Opportunities and the consequences if Contract Management is ineffective (by reference to the probability and impact score of the relevant Risks). Identify the Benefits in the Benefits Management & Realisation Plan (by cross-reference) that Contract Management is intended to enable/realise. For each Benefit, briefly describe how Contract Management will contribute to its realisation. NOTES: • Only those Risks, Opportunities and Benefits that are intended to be managed by contract management activities should be included. • Consider what risks the MOD be exposed to and/or what benefits are unlikely to be realised if the Contract Management Team is not appointed or does not have sufficient resources. | |
| Stage 2 - Assessment to Market Engagement Provide an update to the content from Stage 1 that; • Includes all Risks and Opportunities that are intended to be addressed, managed and/or mitigated through Contract Management identified since Stage 1; • Includes all Benefits that Contract Management is intended to enable/realise identified since Stage 1. In addition, describe the method of evaluation of the bidders' Risk and Opportunities Management Plan and their competence and/or appetite to manage the risks that are intended to be allocated to them under the Project. NOTES: • Consider how the tendering process will enable a shared understanding of the risks, opportunities and benefits to be allocated to each party under the contract. • Consider how to improve the shared understanding of risks, opportunities and benefits to the mutual benefit of MOD and the potential winning bidder. | |
| Stage 3 - Market Engagement to Contract Award Provide an update to the content from Stage 2 that includes all Risks, Opportunities and Benefits identified since Stage 2. In addition: • add the Risks and Opportunities identified by the winning bidder that are intended to be addressed, managed and/or mitigated through effective Contract Management • describe, in outline, the methods and processes that will be followed by the Authority and the Contractor to share and review Risks, Opportunities and Benefits | |
| Programme and Project Related Documents | |
| Programme Management Plan Elements: • PgMP Executive Summary • Project Brief • Benefits Management Strategy, Benefits Profiles and Benefits Realisation Plan • Programme Issue Log • Risk Management Strategy • Programme Risk Register
| TLMP: Section 3: Strategies • Risk Management Section 4: Plans and Processes • Risk Management
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