Search results for 'Risk management'

Showing 221 - 240 of 427 results

  1. Major programmes – what are we learning?

    Insight Opinion

    Published on:

    Since we first published our Framework to review programmes in 2017 there has been no let-up in NAO reports on major projects and programmes, most recently on Crossrail, the Emergency Services Network and the Stonehenge by-pass road. From the need to manage the risks of untried approaches to signs warning of unrealistic cost estimates, this […]

  2. Confirmed impacts: Securing better progress on nuclear decommissioning

    Report

    Published on:

    This impacts case study shows how reports by NAO and PAC resulted in the Nucelar Decommissioning Authority terminating its existing management contract and announcing a new approach, expected to improve management and reduce costs.

    It is one example of financial or non-financial benefits realised in 2014 as a result of our involvement, all of which are set out in our interactive PDF.

  3. HM Revenue & Customs’ estate private finance deal eight years on

    Report Value for money

    Published on:

    By transferring ownership or leases of around 60 per cent of its estate (591 properties) to a private contractor, Mapeley, in 2001, the Inland Revenue and HM Customs & Excise planned to reduce their running costs and had the opportunity to save up to £1.2 billion by reducing the size of the estate. However, in […]

  4. Efficiency savings require learning past lessons

    Insight Opinion

    Published on:

    Gareth Davies, head of the NAO, outlines lessons from NAO reports into the government’s handling of COVID-19 in a keynote speech at the Houses of Parliament.

  5. Supporting Innovation: Managing Risk in Government Departments

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, today reported to Parliament that properly planned and managed risk taking by government departments can promote innovation and lead to improved value for money for taxpayers. Departments are increasingly considering how best to devise and implement effective risk management strategies. By September 2000, all departments must […]

  6. Nuclear power in the UK

    Report Value for money

    Published on:

    This report looks at some of the main electricity system challenges the UK faces in the next two decades, and the aims and responsibilities of the Department of Energy & Climate Change.

  7. Financial sustainability of local authorities 2018

    Report Value for money

    Published on:

    This report reviews developments in the sector and examines whether the Department, along with other departments with responsibility for local services, understands the impact of funding reductions on the financial and service sustainability of local authorities.

  8. Managing the HMRC Estate

    Report Value for money

    Published on:

    By reducing the number of its offices and moving to a regional centre model HM Revenue & Customs (HMRC) hopes to significantly reduce its running costs and modernise the way it works. HMRC’s original plan has proved unrealistic and is now reconsidering the scope and timing of the programme. Any changes will need to be carefully managed to avoid diminishing the long term value of the strategy.

  9. Investigation into the Bounce Back Loan Scheme

    Press release

    Published on:

    This investigation describes the scheme’s purpose and how it functions, performance to date, and how government manages value-for-money risks.

  10. Central government’s management of service contracts

    Report Value for money

    Published on:

    Central government could make large savings by better managing its contracts for services such as IT, security, catering and cleaning, according to a report today by the National Audit Office. Better contract management could potentially generate estimated savings of between £160 million and £290 million a year, across total annual expenditure on service contracts of […]

  11. Managing conflicts of interest and keeping public trust

    Insight Opinion

    Published on:

    High profile incidents remind individuals and organisations just how important it is to manage potential conflicts of interest. In March 2017, the Court of the Bank of England commissioned a review of the institution’s approach to managing conflicts of interest. The review was prompted by the resignation of Charlotte Hogg who had been Deputy Governor […]

  12. Impact of funding reductions on fire and rescue services

    Report Value for money

    Published on:

    Fire and rescue authorities have managed funding reductions well. The Department for Communities and Local Government should, however, seek greater assurance that authorities are maintaining service standards and delivering value for money locally.

  13. Preparations for the London 2012 Olympic and Paralympic Games: Progress report June 2008

    Report Value for money

    Published on:

    In its progress report on the Olympic and Paralympic Games the National Audit Office has found that with four years to go until the start of the Games, the preparations have progressed in important ways. In particular, there has been good progress in preparing the Olympic Park site and construction activities are broadly on track. […]

  14. The Risk of Fraud in Property Management

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, reported to Parliament today on the risk of fraud in property management in the Ministry of Defence. Property management on the Defence Estate consists of maintenance work and minor new construction work up to a value of about £300,000 for each individual job, including VAT and […]

  15. Modernising the Great Western railway

    Report Value for money

    Published on:

    The cost of modernising the Great Western railway is estimated to be £5.58 billion, an increase of £2.1 billion since 2013, and there are delays to the electrification of the route of at least 18 to 36 months. The Department for Transport and Network Rail have begun to improve the management of the programme but they have more to do to protect value for money in the future.

  16. Financial sustainability of fire and rescue services

    Report Value for money

    Published on:

    Fire and rescue authorities have managed funding reductions well. The Department for Communities and Local Government should, however, seek greater assurance that authorities are maintaining service standards and delivering value for money locally

  17. HM Revenue & Customs: The Control and Facilitation of Imports

    Report Value for money

    Published on:

    HM Revenue & Customs clears most imported goods quickly, and processes for submitting customs declarations and payments for non-EU imports are straightforward, says a report out today from the National Audit Office. The rate of physical checks at the UK border is below the EU average, however, and the number of audits of traders has […]

  18. Progress with the Road Investment Strategy

    Report Value for money

    Published on:

    The first Road Investment Strategy represents an important step forward towards better long-term planning of the strategic road network. However, the speed with which it was put together created risks to deliverability, affordability and value for money.