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Business Case for the SunShine CoaSt airport Master Plan

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New Runway Project Strategy<br />

10.7. Risk Treatments<br />

Treatments <strong>for</strong> identified risks are outlined in <strong>the</strong> table at Appendix 2 – Risk Assessment,<br />

and fur<strong>the</strong>r amplified in <strong>the</strong> body of this Project Strategy.<br />

10.8. Findings and Recommendations<br />

The following findings and subsequent recommendations were made as a result of <strong>the</strong> risk<br />

assessment:<br />

· Risk treatments identified should be incorporated in planning documents such as<br />

Project Management <strong>Plan</strong>s, Marketing/Communication/Public Participation<br />

Program as applicable.<br />

· The Risk Management Framework in use with Maroochy Shire Council has<br />

significant limitations regarding consideration of project risk, and should be<br />

reviewed prior to wholesale acceptance or adoption by SCRC.<br />

· Dollar amounts in financial consequence descriptors do not adequately reflect <strong>the</strong><br />

descriptors, and should be reviewed upwards. This will affect <strong>the</strong> assessed level of<br />

risk <strong>for</strong> financial and project risks identified in <strong>the</strong> risk assessment.<br />

Sunshine Coast Airport Commercial – In – Confidence 45

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