Title Risk Risk Type Status Risk Risk Impact Risk Assessment Description Risk Mitigation Plan No. Probability Lack of Funding 1 2 - Project Open 3 10 - Catastrophic Yellow - monitor Project funding Approved funding Management closely; mitigation should be currently satisfies plan required monitored project requirements. throughout the DWS PM monitors course of the spend plan vs. project project. budget. Contingency fund alternatives to be reviewed. 2 4 - External Open 5 7 - Significant Yellow - monitor Implementation Interface closely; mitigation of a new UI tax requirements have plan required system may been reviewed. require changes Specific agency to external interfaces needs agency system further review. (e.g. TRD) 3 3 - Closed Legislation has Legislation has Organizational been introduced addressed this risk. to modify this funding clause. 4 3 - Open 7 7 - Significant Red - immediate Key agency PMP outlines staffing Organizational action required resources include: expectations. DWS (including mitigation Financial, PM will monitor staff plan) Business, availability. Technical and Leadership. FY
Title Risk No. Risk Type Status Risk Probability Risk Impact Risk Assessment Description Risk Mitigation Plan Lack of Funding 1 2 - Project Management Open 3 10 - Catastrophic Yellow - monitor closely; mitigation plan required Project funding should be monitored throughout the course of the project. Approved funding currently satisfies project requirements. DWS PM monitors spend plan vs. project budget. Contingency fund alternatives to be reviewed. 2 4 - External Open 5 7 - Significant Yellow - monitor closely; mitigation plan required Implementation of a new UI tax system may require changes to external agency system (e.g. TRD) Interface requirements have been reviewed. Specific agency interfaces needs further review. 3 3 - Organizational Closed Legislation has been introduced to modify this funding clause. Legislation has addressed this risk. 4 3 - Organizational Open 7 7 - Significant Red - immediate action required (including mitigation plan) Key agency resources include: Financial, Business, Technical and Leadership. FY PMP outlines staffing expectations. DWS PM will monitor staff availability.
Deliverable%201.A.D.3%20-%20Project%20Planning%20and%20Administration.docx