Audit and Risk Committee Paper 2 Annex 2 - Cairngorms 2030 strategic risk register

Cairngorms 2030: Risk management

Pro­ject: Cairngorms 2030: Pro­gramme risk Pro­ject Man­ager: Dav­id Clyne Job title: Head of Cairngorms 2030 Date of last risk review: 22-Feb-24 Peri­od: Q3 2024

Risk ID No.	Date	Risk Descrip­tion	Impact Descrip­tion	Impact Level	Prob­ab­il­ity Level	Pri­or­ity Level	Trend	Mit­ig­a­tion Strategy	Q1 25	Q2 25	Status	Own­er	Date of last asses­sent	Reas­sess­ment Date	For­ward look to Q3 25
1	14/12/2023	Total pro­gramme risk profile	Pro­gramme delay or fail­ure. Poten­tial loss of match fund­ing or part­ner support	5	2	10	Improv­ing	Risk pro­file increased from green to amber Improv­ing fol­low­ing noti­fic­a­tion from Sus­trans Scot­land that design stage fund­ing is not avail­able in 2024⁄25 Act­ive Com­munit­ies pro­ject risk pro­file remains at amber fol­low­ing noti­fic­a­tion from Sus­trans Scot­land that design stage fund­ing is unavail­able in 2024/2025. Funds not expec­ted until 2025/2026.	Amber	Amber	OPEN	Dav­id Clyne	25/07/2025	01/10/2025	Trans­port fund­ing decision and mit­ig­a­tion plan essential
2	14/12/2023	Future fund­ing profile	Insuf­fi­cient match fund­ing to meet agreed commitments.	5	2	10	Improv­ing	Revised smal­ler scale deliv­ery plan approved by NLHF, Pro­gramme Board and Per­form­ance Com­mit­tee Dis­cus­sions con­tin­ue with SG & Trans­port Scot­land on import­ance of releas­ing funds asap to allow design work to com­mence Sus­trans noti­fc­a­tion that TS funds are approved — await form­al award. Quarterly cash flow and match fund­ing mon­it­or­ing review with pro­ject leads and fin­ance team.	Amber	Amber	OPEN	Dav­id Clyne	25/07/2025	01/10/2025	Trans­port fund­ing decision and mit­ig­a­tion plan essential
3	14/12/2023	Fin­ance: impact on Park Author­ity budget management	The poten­tial fin­an­cial implic­a­tions for C2030 Park Author­ity spend agreed at £450k pa.	4	1	4	No change	Pro­gramme deliv­ery will be a key ele­ment of 25⁄26 budget scen­ario plans as board and man­age­ment con­sider deploy­ment of fin­an­cial alloc­a­tions for the next fin­an­cial year	Green	Green	OPEN	Dav­id Clyne	25/07/2025	01/10/2025	Park Author­ity pre­pared to increase its core match fund­ing in 25⁄26 to pro­gress trans­port pro­ject if Sustrans/​TS fund­ing is not paid as planned.
4	14/12/2023	Pro­cure­ment standards	All con­tracts must meet PCS stand­ards. Pos­sible leg­al chal­lenge if reg­u­la­tions not met.	3	2	6	Improv­ing	Pro­cure­ment stand­ards and pro­ject ini­ti­ation approvals are being revised to improve com­pli­ance and decision making.	Green	Green	OPEN	Dav­id Clyne	25/07/2025	01/10/2025	Trans­port ITTs if fund­ing approved
5	14/12/2023	Staff­ing	Insuf­fi­cient staff in post impacts pro­ject deliv­ery, times­cales and outcomes	4	2	8	Improv­ing	staff resig­na­tions — 2	Amber	Green	OPEN	Dav­id Clyne	25/07/2025	01/10/2025	Full staff compliment
7	14/12/2023	Deliv­ery of Sus­trans fun­ded projects	Sustrans/​active travel match fund­ing for the pro­gramme is not secured at the val­ues or with­in the timelines required to achieve pro­ject objectives.	5	2	10	Improv­ing	Sus­trans noti­fc­a­tion that TS funds are approved — await form­al award. Revised smal­ler scale deliv­ery plan approved by NLHF, Pro­gramme Board and Per­form­ance Com­mit­tee Sustrans/​active travel match fund­ing for the pro­gramme is not secured at the val­ues or with­in the timelines required to achieve pro­ject object­ives. Act­ive Com­munit­ies pro­ject risk pro­file remains at amber and pro­ject deliv­er­ables have been amended	Amber	Red	OPEN	Dav­id Clyne	25/07/2025	01/10/2025	Trans­port fund­ing decision and mit­ig­a­tion plan essential

Like­li­hood Outcome

1. Rare (Low)
2. Unlikely (Low)
3. Pos­sible
4. Likely (High)
5. Almost Cer­tain