Highlights from Chapter 4:

Strengthening Risk Management

As with any megaproject or large-scale capital program, risk is inherent in the work. Actively managing risk is critical to objectively frame and guide decision making at all levels of the organization and to achieve the program’s strategic objectives. By establishing a process of continuous improvement, identifying what has worked well and what could be improved upon, the Authority’s risk management function seeks to reduce risk impacts and maximize opportunities.

This chapter outlines the Authority’s Enterprise Risk Management (ERM) program, including program objectives, progress since the 2020 Business Plan and the next steps for the program.