1.51 Table 4.1 in the PDSS records major risks for each of the DMO MPR projects. These risks are drawn from the project risk logs, as summarised from raw risk log data, and any material of a sensitive or classified nature removed. The ANAO reviewers were provided access to project risk management systems and logs.
1.52 Risks typically fall into two categories - those that can be reasonably identified and managed, and those risks that fall into the domain of unknown unknowns. Therefore, the DMO cannot definitively say that the risks recorded are complete; however, risk logs are regularly updated to reflect the changing risk context and effectiveness of risk treatments. Therefore, the risks and risk treatments included in Table 4.1 reflect their status at the time of PDSS review and may have changed since.