2. Exploring major project data
We surveyed 13 entities to get information on how 102 major projects (with a TEI of $100 million or more) are performing against their expected cost, timeframes and scope.
This includes 11 new projects, 82 existing projects and 9 completed projects that are collectively worth $99.8 billion.
This chapter explores changes to these projects' cost, time and scope to date.
We collected information on each project’s key documents, such as business cases and benefits management plans.
1. How well the government reports on major projects
In this chapter, we discuss how much the government spends on major projects and how transparently the Department of Treasury and Finance (DTF) and responsible entities report this information to Parliament and the community.
1.1 Government spending on major projects
DTF reports on state capital projects in Budget Paper 4: State Capital Program in (BP4).
Major Projects Performance Reporting 2022
What we found
We consulted with the Department of Environment, Land, Water and Planning (DELWP) and considered its views in reaching our conclusions. DELWP's full response is in Appendix A.
Victoria's coastal protection assets
Victoria’s coastline provides significant economic, social and environmental benefits to the community.
Coastal protection assets (CPAs) help to manage a range of threats and hazards along the state's coastline. Figure A shows some of the most common CPAs—seawalls, groynes, revetments and breakwaters.