3.2.4 Risks to our organisation At the project initiation stage, we are interested in the relative risk to our organisation of proceeding with each Option. It is therefore important that we assess each alternative against the same criteria. These criteria can be updated or added to as required, as long as it is done consistently for each Option. LOW (1) MEDIUM (3) HIGH (5) Score Opportunity is clear Either opportunity or Opportunity and COMPLEXITY and project solution is project is difficult to project are difficult to / 5 readily achievable understand or achieve understand or achieve <6 months and/or >6 months and/or <3 months and/or TIME some schedule schedule and delivery / 5 flexible timeframe flexibility date are fixed Successfully We have not Successfully completed this type of successfully LEARNING CURVE completed this type of / 5 project five (5) or more completed this type of project at once times project before Employees and/or Employees and/or No employee or public public may be at risk SAFETY public may be at risk / 5 health or safety risks of serious injury, of injury or illness illness or loss of life Outcomes link to only Outcomes link to Outcomes affect core STRATEGIC one (1) strategic several strategic service delivery and / 5 IMPORTANCE objective of our objectives of our directly impacts key organisation organisation strategic objectives Impacts most or all of Impacts only one (1) Impacts several OPERATIONAL our organisation department in our departments in our / 5 IMPACT and/or may disrupt organisation organisation continuity of service No major Some major Major, high-risk DEPENDENCIES dependencies and/or dependencies and/or dependencies and/or / 5 inter-related projects inter-related projects inter-related projects There is likely to be This project and/or its Project is only of BRAND / some community outcomes will be internal interest to our / 5 REPUTATION interest in our project / highly visible in the organisation outcomes community
3.2.4 Risks to our organisation At the project initiation stage, we are interested in the relative risk to our organisation of proceeding with each Option. It is therefore important that we assess each alternative against the same criteria. These criteria can be updated or added to as required, as long as it is done consistently for each Option. LOW (1) MEDIUM (3) HIGH (5) Score COMPLEXITY Opportunity is clear and project solution is readily achievable Either opportunity or project is difficult to understand or achieve Opportunity and project are difficult to understand or achieve / 5 TIME <3 months and/or flexible timeframe <6 months and/or some schedule flexibility >6 months and/or schedule and delivery date are fixed / 5 LEARNING CURVE Successfully completed this type of project five (5) or more times Successfully completed this type of project at once We have not successfully completed this type of project before / 5 SAFETY No employee or public health or safety risks Employees and/or public may be at risk of injury or illness Employees and/or public may be at risk of serious injury, illness or loss of life / 5 STRATEGIC IMPORTANCE Outcomes link to only one (1) strategic objective of our organisation Outcomes link to several strategic objectives of our organisation Outcomes affect core service delivery and directly impacts key strategic objectives / 5 OPERATIONAL IMPACT Impacts only one (1) department in our organisation Impacts several departments in our organisation Impacts most or all of our organisation and/or may disrupt continuity of service / 5 DEPENDENCIES No major dependencies and/or inter-related projects Some major dependencies and/or inter-related projects Major, high-risk dependencies and/or inter-related projects / 5 BRAND / REPUTATION Project is only of internal interest to our organisation There is likely to be some community interest in our project / outcomes This project and/or its outcomes will be highly visible in the community / 5
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