Poor risk analysis deals a blow to outsourcing
29 August 2012
An influential group of MPs has highlighted weaknesses in public-sector risk assessment that raise serious questions over the success of outsourced contracts.
The Public Accounts Committee report, Managing Risks to Improve Public Services, found only a quarter of government departments know how much risk they can take.
It also revealed just one in five civil servants believed well-managed risk taking was rewarded.
Ignorance of risk, the report claims, can lead to an overoptimistic view of how much can be...