A crucial part of the IIAF will be to regularly evaluate the performance of the IIAF itself and contribute to the analysis of project and assurance issues and trends. To this end, the key aspects of the performance management approach are outlined in Table 9.
Table 9 Performance reporting
Report | Description | Frequency | Audience |
Forward looking plans to identify the assurance requirements of a Cluster over the next 12 to 15 months. Confirm all relevant projects are being reviewed for the financial year aligning with expectations identified in Total Asset Management Plans and strategies such as the State Infrastructure Strategy. Plans will be prepared by Infrastructure NSW in collaboration with delivery agencies. | Annual plan ahead of each financial year. Updated quarterly. | ■ Cabinet ■ IIAC ■ Infrastructure NSW Board | |
Assessment of Expert Reviewer Panel capability | Confirm that reviewers on the Expert Review Panel have the requisite experience and skills set to provide high performing advice for the projects they review. Evaluations will be prepared by Infrastructure NSW and assessed by the Expert Reviewer Advisory Group. | Annual - to match Cluster Assurance Plans. | ■ Cabinet ■ IIAC ■ Infrastructure NSW Board |
Gateway Reviewer Performance | Continually monitor the robustness and timeliness of individual expert reviewer performance. 360o feedback will be obtained for each expert reviewer at the conclusion of a Gateway Review or Health Check. Collated reports on reviewer performance will be prepared by Infrastructure NSW for the consideration of the Expert Reviewer Advisory Group. | Six monthly. | ■ Cabinet ■ IIAC |
Performance of closing out recommended actions for all projects undergoing a Review | Close-out plans are confirmed by the relevant delivery agency and approved by Infrastructure NSW to identify actions and mitigation measures to address review recommendations. A report on the performance of delivery agencies and Clusters in closing out Review recommendations will be prepared by Infrastructure NSW. | Six monthly | ■ Cabinet ■ IIAC ■ Infrastructure NSW Board |
Trends and analysis of the key issues | Analysis of systemic issues identified in assurance reviews and offer recommendations to address these issues. Trends and analysis reports will be prepared by Infrastructure NSW. | Six monthly | ■ Cabinet ■ IIAC ■ Infrastructure NSW Board ■ Treasury |
Overall performance of the IIAF | Report card on Infrastructure NSW's performance in key areas such as project registration; risk profiling; development of Cluster Assurance Plans; Gateway Reviews; Health Checks; and project reporting. Overall performance reports will be prepared by Infrastructure NSW. | Six monthly | ■ Cabinet ■ IIAC ■ Infrastructure NSW Board ■ Treasury |