1 Stakeholder participation and buy-in 2 Timely decisions from the project team and executive leadership 3 Project leadership will have adequate time for project planning activities 4 Project will be appropriately staffed with dedicated resources for phases 5 Appropriate resources from the professional services vendors will be dedicated to the project in order to complete the project within the defined timelines 6 No baseline changes to the SHARE system 7 Deployment/Implementation will be at the DWS agency level only. 1.6 In this section identify and describe how each risk will be managed. Include the steps that will be taken to maximize activity that will result in minimizing probability and impact of each risk. Risk 1 Probability Possible Impact High Description Funds may not be sufficient to Loss of funding/ insufficient accomplish identified solutions. funding Mitigation Strategy Contingency funding commitment of Financial Analysis could reveal Resources beyond those anticipated business problem/opportunity Contingency Plan where the solution exceeds the budget Risk 2 Probability Possible Impact Schedules will be delayed, Description - costs may increase and project Unavailability of may not receive the thought and internal resources will impact testing required for smooth the project schedule and transition into quality of reviews and production/implementation Surprises may occur during the initial go-live period
1 Stakeholder participation and buy-in 2 Timely decisions from the project team and executive leadership 3 Project leadership will have adequate time for project planning activities 4 Project will be appropriately staffed with dedicated resources for phases 5 Appropriate resources from the professional services vendors will be dedicated to the project in order to complete the project within the defined timelines 6 No baseline changes to the SHARE system 7 Deployment/Implementation will be at the DWS agency level only. 1.6 In this section identify and describe how each risk will be managed. Include the steps that will be taken to maximize activity that will result in minimizing probability and impact of each risk. Risk 1 Description Loss of funding/ insufficient funding Analysis could reveal business problem/opportunity where the solution exceeds the budget Probability Possible Impact High Funds may not be sufficient to accomplish identified solutions. Mitigation Strategy Contingency funding commitment of Financial Resources beyond those anticipated Contingency Plan Risk 2 Description - Unavailability of internal resources will impact the project schedule and quality of reviews and Probability Possible Impact Schedules will be delayed, costs may increase and project may not receive the thought and testing required for smooth transition into production/implementation Surprises may occur during the initial go-live period
SHAREGrantsPMP.docx