Risks A number of risks can be identified. Table 3 lists these risks with an indication of the impact, the likelihood and a proposed mitigation strategy. Table : Risks Risk Impact Likelihood Mitigation strategy No consensus can be reached High Medium Strong oversight and gentle steering by Working Group chair Insufficient participation by Medium Medium Commitment by a core set of Working Group members stakeholders Lack of relevant skills in the High Low Taking care that the right experts Working Group are invited Competition of conflicting Medium Medium Establishing liaisons with other approaches, e.g. XML-based initiatives, explaining that the standards ontology is intended to define a semantic view that should encompass other approaches. Insufficient awareness in Medium Low Define and implement good stakeholder community communication approach, e.g. through frequent news on Joinup, exposure at events, Twitter, LinkedIn
Risks A number of risks can be identified. Table 3 lists these risks with an indication of the impact, the likelihood and a proposed mitigation strategy. Table : Risks Risk Impact Likelihood Mitigation strategy No consensus can be reached High Medium Strong oversight and gentle steering by Working Group chair Insufficient participation by Working Group members Medium Medium Commitment by a core set of stakeholders Lack of relevant skills in the Working Group High Low Taking care that the right experts are invited Competition of conflicting approaches, e.g. XML-based standards Medium Medium Establishing liaisons with other initiatives, explaining that the ontology is intended to define a semantic view that should encompass other approaches. Insufficient awareness in stakeholder community Medium Low Define and implement good communication approach, e.g. through frequent news on Joinup, exposure at events, Twitter, LinkedIn