Section 5.1 - Major Project Risks

Data Element No / Heading

Data

Definition/ Description

SECTION 5 - MAJOR RISKS AND ISSUES

Section 5.1 - Major Project Risks

Identified Risk (Risk identified by standard project risk management processes)

Description: A major project risk is one that is rated high or extreme pre-mitigation and has DMO Executive attention.

Remedial Action: The risk mitigation / treatment proposed for the risk identified (These must be actionable measures).

Emergent Risk (Risk identified during 2010-11)

Description: A major project risk that was not previously identified in the risk log but has emerged this year, rated as high or extreme pre-mitigation and has DMO Executive attention.

Remedial Action: The risk mitigation / treatment proposed for the risk identified (These must be actionable measures).