Round 1 Estimates

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Response: 

Lower

0

facilitator

Upper

100

facilitator

Response: 

Lower

15

Roughly 50% of Cost Pressures and Efficiencies were aligned to programme risks. Only 10% of A&Es were aligned to a programme risk. 15% seems a likely minimum point for programme risk reduction.

Upper

35

Several Cost Pressures appear to be evolutions of issues already known at BL7.1, so these BL7.1 risks could soon be closed entirely, pending Commercial Manager's approval.

Response: 

Lower

-15

The cost pressures keep coming and are the tip of the iceberg. The register is too low and the pressures to date give be concern that there are more to come.

Upper

75

My contractor will have completed much of the procurement and cost within this year. The design development is such that I believe this is the right time to crytallise cost pressures, so we can reduce the residual exposure significantly.

Response: 

Lower

5

BBV risks are largely undervalued

Upper

20

Response: 

Lower

5

Not all cost pressures were linked to risks and I understand across the set not all cost pressures were visible to risk managers.

Upper

20

Not all cost pressures were linked to risks and I understand across the set not all cost pressures were visible to risk managers.

Response: 

Lower

0

No reduction to the risks

Upper

5

5% reduction to the risk exposure