OTEC Program Risks
Program Risks
Legend
Risk Probability
Accept
Manage
Monitor
Resolve
70% or
greater
R15
40 to < 70%
R01
R04, R06,
R07, R09,
R11, R12,
10 to < 40% R13, R14
1 to <10%
Neglible
0 to 7
R03, R16
R02
R05, R08, R10
Marginal
Critical
>7 to 14
>14 to 24
Risk Impact
Catastrophic
>24
R01
Schedule
Managing
R02
Technical
Work to develop firm and agreed upon stated and derived requirements with
customer. Establish Engineering Change review board and engineering
change proposals as a vehicle for documenting upscope activities. Monitor
activities and only work to customer approved engineering changes.
Create a Requirements Integrated Project Team (IPT) with customer.
Participants to include stakeholders including: partners, customer, and
internal team. IPT will serve to discuss and communicate all requirements
changes with team. Project status will be communicated with all parties so
that all stakeholders will have an understanding of overall progress of the
project.
Ensure that Training and Technology manuals are budgeted and reviewed
againt logisitics team for accurracy. Provide training material to the customer
for final approval for comments prior to final delivery.
Work with Utility provider to ensure that proper infastructure is in place prior
to Power Purchase Contract is finalized and signed. Provide detailed
requirements to local utillity provider early in development phase such that
proper eqiupment may be located or installed or ordered for interface with
OTEC system.
Work with local environmental groups to understand concerns and particular
ecosystems in area of platform. Establish working dialog with community
groups to understand issues and factor these needs into development of the
system.
Managing
R03
Technical
Requirements Creep
Active
R04
Technical
Meeting Requirements and
Expectations
Plan
R05
Technical
Training of Personnel
Active
R06
Cost
Stability of Utility Provider
Active
R07
Technical
Active
R08
Technical
Environmental Impacts
Suitable locationg of platform
(Best and worse case
Work with NOAA to fully understand the ocean bathemetry and average
temperture differental,
monthy temperature at depth. By understanding enviornmental factors, the
distance from shore)
most feasible location can be selected.
Probability (%)
Active
Overall Risk Imporance
Mitigation Strategy
Creation Date
Proactively track activities. Reconcile budgeted cost of work performed
against acutal cost of work performed on weekly basis. Keep open
communication with customer and partners to ensure all parties are aware of
any schedule changes or delays. Master Scheduling Planner to update and
publish overall schedule to the team to be posted on common shared site for
Aggressive Schedule
viewing
9/1/2009 6
Schedule monthly Interface IPT working group with partners and suppliers to
understand technology interfacing requirements and interface protocols.
Ensure Interface Control Documents(ICDs) are submitted, reviewed, and
Technology Incompatiblilites agreed upon prior to design finalization.
9/1/2009 5
Schedule Impact
Risk ID Risk Category Risk Description
Techical Impact
Status
Cost Impact
Program Risk Register
10 0
16 50
10 7
22 30
9/1/2009 4
5
4
13 30
9/1/2009 2
1
2
5
9/1/2009 3
5
3
11 10
9/1/2009 2
2
1
5
5
9/1/2009 1
1
3
5
10
9/1/2009 3
4
2
9
5
10
Status
Risk ID Risk Category Risk Description
Cost Impact
Techical Impact
Schedule Impact
Overall Risk Imporance
Probability (%)
Managing
R09
1
3
1
5
10
Managing
R10
6
2
1
9
5
Managing
R11
3
1
3
7
10
Active
R12
3
1
1
5
20
Managing
R13
3
2
1
6
10
9/1/2009 1
4
1
6
10
Mitigation Strategy
Creation Date
Leverage subcontractor research performend by the Lockheed Martin
customer and select subcontractors with a history exemplory performance and
Technical
Selection of subcontractors
ethics.
9/1/2009
Leverage expertise of partners and involve stakeholders early in process.
Technical
Selection of major componets Perform market and early prototyping analysis.
9/1/2009
Work with Nigerian Government to select an apporaprete fanufactoring
Suitable onshore
facility. Work with subcontracs team to identify commercially avaible ships,
Schedule/Costmanufacturing facility
dry docks, tugs, and similar marine construction crafts.
9/1/2009
Piracy has been an issue for some Oil Refinaries in the Niger Delta. The OTEC
system will best practices to insure crew members are safe during there time
Technical
System security
on the platform.
9/1/2009
Size marine cable to handle 15% higher voltage rating that the expected peak
power distrobution.
Work with local environmental groups to understand the particurlar
environment where the cable is to be placed to ensure minimal impact on the
Technical
Underwater marine cable
ecosystem.
9/1/2009
Plan
R14
Technical
Working Fluid Leaks
Managing
Managing
R15
R16
Cost
Technical
OTEC Platform Costs
Unfamiliar Design Elements
Develop a strict maintenance schedule and procedure for the working fluid
subsystem. Crew are to follow the documented procedure and OSHA
regulations to ensure ammonia spills are handled as mandated in regulations.
Perform studies to determine the correct location for the OTEC platform,
sizing of heat exchangers, pumps, cold water pipe, and other major subsystem
components
Leverage expertise of partners and involve stakeholders
9/1/2009
10 1 3 14 75
1 6 2 9 20