Next steps From planning to decision making It is important to distinguish between planning and operational decision making. As shown in Figure 5, planning allows the Office to manage the environmental water portfolio in a holistic manner and is an exercise in developing a broad approach or intention, based on the key drivers (demand and supply). Decision making throughout each year builds on the intention by considering in more detail the specific prevailing factors and additional factors such as costs, risks and constraints to water delivery and market conditions. Figure 5: Planning and decision making for Commonwealth environmental water use Further information For further information on how the Office plans for water use, carryover and trade, please visit our web site Water use: Carryover: Trade: Discussion Paper – Trade of Commonwealth Environmental Water and Commonwealth Environmental Water Trading Framework:
Next steps From planning to decision making It is important to distinguish between planning and operational decision making. As shown in Figure 5, planning allows the Office to manage the environmental water portfolio in a holistic manner and is an exercise in developing a broad approach or intention, based on the key drivers (demand and supply). Decision making throughout each year builds on the intention by considering in more detail the specific prevailing factors and additional factors such as costs, risks and constraints to water delivery and market conditions. Figure 5: Planning and decision making for Commonwealth environmental water use Further information For further information on how the Office plans for water use, carryover and trade, please visit our web site Water use: Carryover: Trade: Discussion Paper – Trade of Commonwealth Environmental Water and Commonwealth Environmental Water Trading Framework:
portfolio-mgt-plan-macquarie-2016-17.docx