Parks & Sporting Grounds Asset Management Plan 2022-2032

5.3.1 Risk Plan

As a result of this PSGAMP revision, an assessment of risks associated with service delivery from Council’s open space assets has identified the critical risks that will result in significant loss, ‘financial shock ‘or a reduction in service.

Critical risks are those assessed with ‘Very High’ (requiring immediate corrective action), and ‘High’ (requiring corrective action) risk ratings identified in the Infrastructure Risk Management Plan. The residual risk and treatment cost after the selected treatment plan is implemented is shown in Table 19

What can Happen Risk Rating

Park Maintenance Maintenance costs increasing due to inadequate renewal program

Risk Treatment Plan

High Continue to improve data Ensure maintenance is managed appropriately at an operational level. Future planning improvements can be made by documented service level risks and utilisation of these in establishing future maintenance priorities.

Residual Risk Rating

Treatment / Costs

Medium Ongoing staff time and existing budget

Increasing financial pressure to adequately maintain the park portfolio

Growth in park portfolio due to provision of grants and Council funding, developer provided park assets, State Government residual land assets and changing community preferences.

All parks Park defects or noncompliance

High Although grants and other funding may be made available for the capital cost of new or expanded facilities, due consideration should be made to ensure sufficient ongoing operation and maintenance funds can be provided to support these additional assets Whole of life costs are to be reported to the Leadership Team and/ or Council as appropriate.

High Regular inspection programme

Medium Ongoing staff time

Low Ongoing staff time, existing budgets