Abstract :
UNDER THE auspices of HM Treasury, a group of major infrastructure owner operators known as the Infrastructure Risk Group published a report recently on what it found to be the best risk and contingency management practice for UK infrastructure projects. The intention was to share and improve best practice, and through this ensure that greater financial benefits are reaped from the next generation of projects. I declare an interest: I am an advisor to one of the members of the IRG which, as well as involving the Treasury, includes Network Rail, the Highways Agency and others.