Comment 57067

By Zephyr (registered) | Posted January 19, 2011 at 14:37:14


Even if an really high-quality study/business plan of IWS were to be completed (impossible in this timeframe), the project would still be fraught with risk and uncertainty. All big projects are. Information at the start of a project is never complete or perfect.

The IWS stadium idea has passed the first stage in a typical project management lifecycle - there has been agreement to use resources for a feasibility study. An essential part of this study is to come back with a list of initial risks -- and if these risks can be removed, mitigated or will have to be accepted. This initial risk management plan remains alive if the project is approved and typically continues to grow.

I think common sense tells us all that there is not time to do more than a cursory risk assessment at this point.

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