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TFWG - Industry Testing Risk Register template V1.0

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					                                                                                                                                        AMI Program Planning and Delivery Risk Register                                                                  Commercial-In-Confidence




     Risk Event




                                                                                                      Consequence Rank
                                                              Risk Management




                                                                                   Next Review Date
                                                                 Assigned to




                                                                                                                           Likelihood




                                                                                                                                            Risk Rank




                                                                                                                                                                                                                      Assigned To
                                                                                                                                                                                                                        Mitigant
     Describes the risk including its source and outcome(s)                                                                                             Describes the response(s) selected to best address the risk                 Comments / Outcome
     (If x may cause y resulting in z)

ID



                                                                 ITM            01-May-10             Low                Possible           Low




        21a2f54a-f9c1-4d0d-9558-4b9ff357fc6f.xls                                                                                                             Printed on 10/25/2011                                                                                           1 of 8
                 Industry Testing Program - Heat Map             25 October 2011


             5
                 Moderate     High       Very High   Very High   Extreme


             4

                   Low      Moderate       High      Very High   Very High
Likelihood




             3

                   Low      Moderate       High        High      Very High


             2

                   Low        Low        Moderate    Moderate      High




             1     Low        Low          Low         Low       Moderate
                    1          2            3           4           5
                                       Consequence
Risk Assesment Matrix
Each risk is evaluated against the probability of that risk (Likelihood) and the impact of the risk (Consequence).
Based on these two criteria the level of risk (risk rating) is then determined. The tables for this evaluation are below:


                  Risk Likelihood Matrix

     Likelihood                  Score                     Rating
  Almost Certain                 > 80%                        5
        Likely                  60 - 80%                      4
      Possible                  40 - 60%                      3
       Unlikely                 20 - 40%                      2
   Very Unlikely                 < 20%                        1



                                         Risk Consequence Matrix

                                                                                Consequence
                               Very High                    High                     Medium
  Risk Criteria                    5                         4                           3
                        Major new systems                                    Major change to existing
                        required                                             systems
                                                                             New technology to
                        New leading edge                                     business but deployed by
    Technology          technology                                           other companies
                        A large number of new
     Workforce          workforce resources are                              Some new workforce
     Availability       required                                             resources required
                        Statewide customer
                        impact, or a group of
                        customers remain off
                        supply for prolonged                                 Single Participant, > 60%
                        period.                                              of customer base

                        Unable to meet a key                                 Partially meet a key
                        objective of the TFWG                                objective of the TFWG
     Customer           TOR                                                  TOR
                                                                             Major variations to
 Policy / Process / New national policy /                                    existing policy / process /
       Rules        process / rules required                                 rules

                        Major milestone slip      Major milestone slips 6 to Major milestone slips 3 to
                        greater than 12 months    12 months                  6 months

                        Industry Testing schedule Industry Testing       Industry Testing schedule
                        impacted by greater than schedule impacted by    impacted by between 6
      Timeline          20 days                   between 11 and 20 days and 10 days
                                Major procurement                                        Medium procurement
                  Procurement   activities required                                      activities required
                                Major negative                                           Some negative
                                communications in media                                  communications in media
                                causing major issues for                                 (not front page/leading
                 Communications Government and/ or                                       items) cause some

                                        - Single permanent partial
                                        disability (staff or                             - Lost Time Incident (staff
                                        contractor).                                     or contractor).


                                        - On/off site incident with                    - Onsite minor incident
                       Safety           minimal impact.                                without impact.
                                                                                       Moderately impacts own
                                   Severely impacts own or                             or other participants’
                                   other participants’ ability                         ability to operate in the
                 Market Disruption to operate in the market Participant systems able market
                                   Participant systems able                            Participant systems able
                                   to operate at <20% of the to operate at >20% and to operate at >40% and
                                   required performance        <40% of the required    <60% of the required
                                   level for a prolonged       performance level for a performance level for a
                   Performance     period                      prolonged period        prolonged period




                                                                 Risk Rating Matrix

                                                                      Consequence
                           1                         2                      3                         4

             5        Moderate                     High                 Very High                Very High

             4           Low                    Moderate                  High                   Very High
Likelihood




             3           Low                    Moderate                  High                      High

             2           Low                        Low                 Moderate                 Moderate

             1           Low                        Low                    Low                      Low
Likelihood
e impact of the risk (Consequence).
. The tables for this evaluation are below:




 Consequence
                               Moderate                      Low
                                  2                            1
                                                    Minor change to existing
                                                    system


                                                    Existing technology

                                                    Can be covered by
                                                    existing workforce




                                                   Single Participant, <60%
                                                   of customer base
                                                   Mostly meet a key
                                                   objective or not meet a
                                                   minor objective of the
                                                   TFWG TOR
                                                   Minor variations to
                                                   existing policy / process /
                                                   rules
                                                   No impact to major
                        Major milestone slips from milestone (less than 1
                        1 to 3 months              month slip)

                        Industry Testing schedule Industry Testing schedule
                        impacted by between 1     impacted by less than 1
                        and 5 days                day
                             Minor procurement
                             activities required
                             Negative communication
                             from some interested
                             groups needing little or no
                             action




                             - Medical Treatment
                             Injury (staff or contractor).

                            Low impact on own or
                            other participants’ ability
Participant systems able to to operate in the market
                            Participant systems able
operate at >60% and         to operate at >80% and
<80% of the required        <100% of the required
performance level for a     performance level for a
prolonged period            prolonged period




             5

         Extreme

        Very High

        Very High

           High

        Moderate

				
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