Management Acquisition strategy does not give adequate consideration to various essential elements, e.g., mission need, test and evaluation, technology, etc. Subordinate strategies and plans are not developed in a timely manner or based on the acquisition strategy. Proper mix (experience, skills, stability) of people not assigned to the project. Effective risk assessments not performed or results not understood and upon. Table A-2: Common Risk Mitigation Strategies Risk Category High Moderate Low Risk area Closely monitor cost and Closely monitor cost and Quality controls spending. spending. applied as defined Consider implementing phased Obtain at least two in the BNL procurements. independent cost Quality Cost Obtain multiple bottom-up estimates. Management Plan. independent cost estimates. Perform Value Engineering Visit Vendor. Apply aggressive cost control. Increase lead time substantially Increase lead time by Quality controls by initiating procurements 6 8 initiating procurements 2 4 applied as defined – – weeks early. weeks early. in the BNL Visit Vendor. Visit Vendor. Quality Management Plan. Evaluate in-house procurement. Evaluate in-house Schedule procurement. Contract incentives and/or Contract incentives and/or penalties. penalties. Maintain vendor oversight. Maintain vendor oversight. Add additional vendors. Perform major redesign. Moderate redesign as Quality controls Increase prototype cycles. required. applied as defined in the BNL Evaluate alternate technology. Define QA and/or acceptance testing. Quality Request additional process Scope and control steps during fabrication. Increase prototype Management Plan. Technical Define extensive QA and/or acceptance tests. acceptance testing. Increase lead time and/or increase testing cycles.
Management Acquisition strategy does not give adequate consideration to various essential elements, e.g., mission need, test and evaluation, technology, etc. Subordinate strategies and plans are not developed in a timely manner or based on the acquisition strategy. Proper mix (experience, skills, stability) of people not assigned to the project. Effective risk assessments not performed or results not understood and upon. Table A-2: Common Risk Mitigation Strategies Risk Category Risk area High Moderate Low Cost Closely monitor cost and spending. Consider implementing phased procurements. Obtain multiple bottom-up independent cost estimates. Perform Value Engineering Visit Vendor. Apply aggressive cost control. Closely monitor cost and spending. Obtain at least two independent cost estimates. Quality controls applied as defined in the BNL Quality Management Plan. Schedule Increase lead time substantially by initiating procurements 6 – 8 weeks early. Visit Vendor. Evaluate in-house procurement. Contract incentives and/or penalties. Maintain vendor oversight. Increase lead time by initiating procurements 2 – 4 weeks early. Visit Vendor. Evaluate in-house procurement. Contract incentives and/or penalties. Maintain vendor oversight. Add additional vendors. Quality controls applied as defined in the BNL Quality Management Plan. Scope and Technical Perform major redesign. Increase prototype cycles. Evaluate alternate technology. Request additional process control steps during fabrication. Define extensive QA and/or acceptance testing. Increase lead time and/or increase testing cycles. Moderate redesign as required. Define QA and/or acceptance testing. Increase prototype acceptance tests. Quality controls applied as defined in the BNL Quality Management Plan.
sPHENIX_Risk_Management_Plan_022718.docx