The SCSA has identified corporate governance and public safety as its key strategic risks. The SCSA is segmenting its risk workshops so that senior management can focus on strategic risks and other staff can focus on operational and capital project type risks.
The SCSA has also recognised the risks that arise from weaknesses in the KPI monitoring and measurement, as well as risks related to interface and coordination arrangements for the whole precinct.
A further strategic risk that the SCSA has recognised is its long-term ability to manage the SDA and assess service standards in the precinct if there is a change to its organisational structure or resource allocation. This risk was identified due to the potential that the SCSA could be absorbed into DOI at some point in the future8.
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8 A recent example is the case of the CityLink Authority which had its role and resources absorbed into VicRoads after the private sector operator of the CityLink toll-road had settled into the operations phase of the concession.