Risk based decision making, transparency and governance are all key integrity themes emerging from the Auditor General’s recent report into the management of the 49 year rail freight network lease.
The key findings of the Management of the Rail Freight Network Lease: Twelve Years Down the Track report resonate loud and clear for all agencies, including the importance of:
- risk based contract management
- transparent reporting to Parliament and the community
- good governance structures throughout the life of a project
- thorough and connected recordkeeping.
The findings of this report can potentially be applied to all agencies involved in project management... How would your agency fare?