Risk Management - Sub-Contractors

Risk management and assessment ofprocesses need a high degree of careful risk
sub-contractors and suppliers must start early in themanagement.Next down the chain in terms of risk
life of a bid. As soon as the need for bought in itemsare specialist items of proprietary hardware. Again,
is identified and a list of potential sub-contractorsthis is likely to be a sole-source item, which in itself
created, the risk management process kicks in.Riskcarries risk.Alternatively, the risk involved in buying
assessment of sub-contractors becomes morestandard commercial-off-the-shelf (COTS) items of
essential, the more complex the item of supply andeither hardware or software where there are various
the fewer suppliers there are to choose from.Thesimilar products to choose from, is fairly low, but still
amount and importance of risk management goes inexists and management will be required.In a nutshell,
this order, starting with the most difficult:If thethe order of risk, starting with the highest is:Sole
system requires a complicated piece of modifiedsource software development
software based on an existing proprietary software,Multiple source software development
then due to copyright issues, only the original ownerSole source complex COTS software requiring
of the code can be approached to change it assystem integration
required. This is a sole source supply involvingSole source hardware development and manufacture
software development, which is notoriously difficult,Multiple source hardware development and
and needs to be micro-managed in order tomanufacture
succeed.Equally, if a complicated bespoke software isCOTS Software supply
needed, even given that there are a number ofCOTS Hardware supplyEach of these scenarios
sub-contractors capable of doing the work, it is acarry different types and quantities of risks, making
very risky business and needs carefulindividual plans for their management absolutely
management.Items of hardware which will beessential.In our next article we'll look and the
designed and manufactured specifically for thismanagement of risk associated with selecting
project or which require special manufacturingpotential sub-contractors.