The report of the Head of Audit was submitted, advising the Committee of the Council’s progress on risk management and seeking approval of the updated corporate risk register.
Scrutiny Committee – Resources considered the report at their meeting on 25 March 2009 and the support and comments of Members were noted.
With regard to the Royal Albert Memorial Museum (RAMM) project, members commented on the importance of the Council being proactive in relation to risk management by using past experience and that of other authorities to inform likely risk. The Director Corporate Services responded that the RAMM project had its own risk management arrangements and considerable efforts were made and systems were in place to predict risk. A twice-yearly report was made to Scrutiny Committee – Resources and annual reports were made to Executive and the other two Scrutiny Committees.
Executive resolved that:-
(1) the updated Corporate Risk Register be approved; and
(2) the risk management progress to date be noted and the steps outlined at paragraph 4.2 of the report be approved to provide the most up to date information possible for consideration at committee.