|Risk Category||We may run into contracting (purchasing) problems|
|Risk Event||Contract award may take much longer than we expect|
|Initiative Size||$2 million to $10 million|
|Industry||IT (Information Technology solutions)|
|Percent cost loading||0|
|Pct schedule loading||0|
|Response Selected||Accept as an intentional choice|
Deliver the contracting package well in advance of published turnaround time.
Regular meetings on status of action (but no way to know whether the reported status was accurate)
|Risk Occurred ?||Yes|
|Risk Event Outcome|
Contract was delayed by several months, requiring us to extend the current vendor through emergency short-term action that took a lot of time away from other work. The bridge contract was at a higher rate to recognize short-term effects, yet the contractor's most-experienced workers started disappearing to other work.
|Pct actual cost impact||10|
|Pct schedule lmpact||20|