Infrastructure NSW will monitor project status (including mitigation plans) and the findings of Gateway Reviews and Health Checks (including Close-out Plans). Infrastructure NSW will provide regular project reports and summary findings of Gateway Review and Health Checks for Tier 1 - High Profile/High Risk projects to:
• IIAC for:
- endorsement of regular project reports; and
- noting of findings of project Gateway Review and Health Checks;
• Infrastructure NSW Board by exception for projects with red status or deteriorating status;
• Cabinet.
Regular project reports as well as Gateway Review and Health Check summary findings provided to IIAC and Cabinet will be owned by Infrastructure NSW. In providing this reporting, Infrastructure NSW will undertake the necessary steps to verify the information provided by delivery agencies or prepared by Review Teams. This may include:
• Detailed assessment of each Tier 1 - High Profile/High Risk project with direct input from Panel experts (this will include Health Checks and the results of Deep Dive Reviews);
• Independent analysis and advice on key risks, recommended corrective actions and mitigation strategies.