Risks The top operational and programme risks are shown below. Operational Risks RISK FUTURE CONTROLS / RISK SCENARIO Residual risk rating REF MITIGATION MEASURES RISK IMPACT IMPACT LIKELIHOOD TOTAL {1-5} {1-5} Current political landscape and LEP potentially would have to be Promote the LEP lack of clear support for LEPs wound up and delivery of projects achievements and its from opposition creates risks to and realisation of benefits could be effectiveness at delivering delivery of economic delayed. regeneration. 20 5 3 15 development projects in Cheshire and Warrington. May take significant time to transfer delivery to another body. 48 Clear policy on the purchase of Alcohol and corporate entertainment. Add notes to credit card 4 3 12 Reputational damage to the company statements with details of and questions over transparency of event attended and who Criticism of credit card process and impropriety could be was present when there are transactions raised. transactions for hospitality.
Risks The top operational and programme risks are shown below. Operational Risks RISK REF RISK SCENARIO FUTURE CONTROLS / MITIGATION MEASURES Residual risk rating RISK IMPACT IMPACT {1-5} LIKELIHOOD {1-5} TOTAL 20 Current political landscape and lack of clear support for LEPs from opposition creates risks to delivery of economic development projects in Cheshire and Warrington. May take significant time to transfer delivery to another body. LEP potentially would have to be wound up and delivery of projects and realisation of benefits could be delayed. Promote the LEP achievements and its effectiveness at delivering regeneration. 5 3 15 48 Criticism of credit card transactions Reputational damage to the company and questions over transparency of process and impropriety could be raised. Clear policy on the purchase of Alcohol and corporate entertainment. Add notes to credit card statements with details of event attended and who was present when there are transactions for hospitality. 4 3 12
18.05.16-PI-Programme-Manager-Report.docx