Risk Category | Specific Risk | Risk Level | Mitigation |
Timeline Risk | - Archaeological requirements may extend timelines
| | - This risk is not predictable, as the impacts to the timeline are not known until the Archaeological work has commenced.
- Hire an Archaeological Consultant after conceptual design is completed to conclude any required documentation for the area of the plaza.
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- Undefined Project Program
| | - Complete program refining tasks, such as community engagement, as the first task for the consultant.
- Refine conceptual design direction during public engagement process to minimize the need to return to the public for further conceptual direction after the program is adopted.
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- Grant funding may impact timelines
| | - This project has been submitted as part of a larger project grant application.
- The project timelines and milestones are able to adjusted to align with funding programs. The project team has already anticipated this in the schedule to help mitigate the impacts.
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Capital Cost Risks | - Unknown program elements may add to the capital cost of the project.
| | - Some of the program elements have been defined, but more program elements will be revealed during the Community Engagement and concept design phase for the project. The project will be a Design-Bid-Build delivery so that the entire program will be defined prior to tendering for construction.
- Construction estimates will be provided at major design milestones in order to identify budget issues as early as possible.
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