Template E: Risk matrix

(Refer to section 5.4 of the Partnerships Victoria Contract management guide for more on analysing information, including information about risks.)

The suggested structure for the risk matrix is outlined below.

Note 1: Although a risk may be contractually allocated to the private party, for contract management purposes the government party needs to consider mitigations and controls for any residual risk to the government party and controls to prevent inadvertent take-back of the allocated risk. (Residual risk to the government party and take-back risk are discussed in section 2.6 of this guide.)