5.1  Key project risks

Identify and provide a summary of each of the following in the table set out below:

(a)  the expected key (design and 'engineering' works) project risks identified in the Business Case;

(b)  the project risks that eventuated and how these were managed by the alliance; and

(c)  the project risks which did not eventuate (if any), and how these were avoided and/or mitigated by the alliance.

Key project risk in Business Case

Did the risk eventuate?

How the risk was managed, avoided and/or mitigated

Actual cost impact of risk event