Open JennyRichards-Flexion opened 4 days ago
What do we do in F1CY2025 if DOJ collaboration is stalled (isn’t launched) - how much does that set us back?
Adding this risk to Sprint 11 so we can discuss mitigation. This is one of the most time-sensitive items in our risk register.
Title
DOJ unable to launch by January 2025
Description
This is essentially defined as 'what does Phase 4 success look like - which ends in January 2025'.
Here are all the dependencies for DOJ launching (in January 2025:
Category
Potential Impact (1 - 10)
A quantitative rating of the potential impact on the project if the risk should materialize. Impact in a Risk Register should be scored on a scale of 1 – 10 with 10 being the highest impact.
Probability (1 - 10)
The likelihood that the risk will occur at some point in the duration of the project. This should be quantitative like Potential Impact not qualitative (high, medium or low). If you use qualitative measures you cannot calculate a Risk Score, which is done by multiplying Probability and Impact and you can easily convert a number to a descriptor e.g. 1-3 = “Low”, 4-6 = “Medium” and 7-10 = “High”.
Risk Score (Impact x Probability)
Likely Outcome
If DOJ is unable to launch in January 2025, it's likely that:
Prevention and Mitigation
Action plan to prevent a given risk from occurring, or contingency plans if the risk occurs.