Magazine article Public Finance

Call to Continue Risk Programme

Magazine article Public Finance

Call to Continue Risk Programme

Article excerpt

A senior MP has called on ministers to extend a successful risk management programme across Whitehall, amid concerns that only a quarter of departments understand the level of risk attached to new projects.

Edward Leigh, Conservative MP and chair of the influential Commons' Public Accounts Committee in the last parliament, wants the Treasury to continue its Risk Programme to ensure 'risk management becomes an integral feature of the way public services are delivered and managed'.

The government backed the two-year RP in 2002 after Number 10's Strategy Unit and the Treasury raised concerns that too many government projects were undertaken without full risk management analysis, leading to cost escalations, late and weak service delivery and inadequate management practices. …

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