Major projects update released
Hon Steven Joyce
Minister of Finance
19 January
2017
Media Statement
Major projects update released
The Government has released the interim Major Projects Performance Report for the period to November last year, covering 53 complex major projects across government with a whole of life cost of $37 billion.
“The Government is in the middle of our biggest ever infrastructure spend,” Finance Minister Steven Joyce says. “We are investing billions of dollars to construct hospitals, schools, roads and courts; provide equipment for our armed forces; and develop ICT capabilities to transform public services.
“These investments are instrumental for the provision of quality public services for our growing country, and it is important that they are delivered well. Transparent reporting is a key part of ensuring agencies lift their performance in investment management.”
The interim report assesses project progress on a five-point scale ranging from Red through to Amber and then Green. 90 per cent of projects have been assessed as Amber or better with four assessed as Amber/Red and one as Red. Overall, there is an increase in the proportion of projects moving towards Green.
Major projects are a collection of the most challenging projects Government is undertaking. A Red or Amber/Red rating highlights that there are issues or risks that are either currently being addressed or need to be addressed to ensure the project is delivered successfully, and those projects are working with central government agencies to resolve those issues.
The interim Major Projects Performance Report is available here.
Media contact: Anna Lillis 021 683 282
Notes for
editors
Ratings
November 2016 | July 2016 | |
Red | 1 | 1 |
Amber/Red | 4 | 2 |
Amber | 15 | 20 |
Amber/Green | 29 | 28 |
Green | 3 | 3 |
Exited | 2 | 8 |
The
Red / Amber/Red rated projects are:
· ANZAC
Frigate Systems Upgrade – Defence (Red)
·
Lincoln University/AgResearch Stage One Building
Project
· Māori Land Service – Te Puni
Kōkiri
· Transforming the System of Service
Delivery Programme – Department of Internal
Affairs
· National Bowel Screening Programme
– Ministry of Health
· The Police Human
Resource Management Information System Project was rated Red
in the previous period and has improved to Amber in this
reporting period.
Two projects are close to completion and no longer require monitoring: the Christchurch Schools Rebuild Programme and the Burwood Hospital Redevelopment.
The Canterbury Public Sector Quarterly Rebuild Report content is now included in this report to provide the public with a single source of information about the Canterbury Rebuild Recovery.
The interim report covers the period July – November 2016, and was finalised before the Kaikōura earthquakes on 14 November.