Risk management
Risk management is embedded within the governance arrangements. A formal risk register is maintained and reviewed regularly by the shadow programme board and, subsequently, the NSWA Management Advisory Board. Key risks include resistance to change, recruitment and retention challenges, data and technology limitations, and potential delays in legislative or policy implementation. Mitigation strategies include proactive engagement with stakeholders, clear and timely communication, robust project management, and regular review and adaptation of plans.
A summary risk register is included below, detailing key risks, owners, mitigation strategies, and review dates.
| Risk | Owner | Mitigation strategy | Review |
|---|---|---|---|
| Recruitment challenges | HR lead | develop targeted recruitment campaigns; offer flexible working options | Monthly |
| IT procurement issues | Operations lead | initiate early market engagement; use existing frameworks | Bi-monthly |
| Funding uncertainty | Finance lead | maintain close liaison with SG finance; prepare contingency budgets | Quarterly |
| Data quality | Performance lead | implement data standards; provide training and validation checks | Quarterly |
| Governance transition | Chief Executive | develop detailed transition plan; ensure continuity of oversight | Monthly |
The risk register will be a live document, updated as new risks emerge or existing risks change. Risk appetite and tolerance levels will be agreed by the Advisory Board and reviewed annually.