Example Exercise 1

Example Exercise 1: Given the following Risk Statement you are to determine the Action Plan you would take. In the rational column explain you rational for the action you took.

Risk ID

Risk Statement

Assigned to

Plan

Rational

7

Science requirements have substantial TBDs; late completion of TBDs likely, with reduction in adequate testing time, possible science application software failure, incorrect science data being captured, hardware damage if incorrect safety limits were provided, extensive rework and substantial cost overruns, mission failure if problems not found before system is in operation.

You

 

 

13

Waterfall lifecycle model is being used to develop all IR-SIP software; it may cause serious integration problems between IR-SIP CI and IR sensor and/or between IR-SIP CI and AA platform leading to a missed launch window, excessive cost to meet window, or failure to successfully integrate the system.

You

 

 

15

The funding and development schedule for the AA satellite is subject to change; IR-SIP schedule slips, cost overruns, and a reduction in adequate testing time are likely as unscheduled changes will have to be made to the software to match AA project changes.

 

 

 

20

Subset of IR Post Processing CSCI requirements is to be satisfied with COTS products; Integration time and lifecycle costs may increase from original estimates which assumed significant saving from COTS use, leading to schedule slips and cost overruns.

You