Victoria's capital projects aim to provide the community with the infrastructure they need to travel, live and access services, such as healthcare, schools and recreation facilities. Major projects are capital projects with a total estimated investment over $100 million. They are complex and take several years to complete. 

This report examined whether there is transparent, accurate and meaningful public information about the progress of major projects and any significant variations to cost, time, scope and benefits. It surveyed 110 major projects. 

The report made one recommendation to address the findings. The Department of Treasury and Finance (DTF) has accepted the recommendation in principle. 

Key findings

• Public reporting does not always provide enough information to give the Victorian Parliament and the community a complete understanding of major projects’ performance.
• The DTF has taken steps to improve major projects reporting by implementing parts of recommendations from previous reviews.

Recommendation

1. Ensure there is meaningful annual public reporting on all existing major projects with a total estimated investment of over $100 million that gives Parliament and the community a clear understanding of underlying reasons for significant changes to total estimated investment, completion date, scope and benefits.

The report is provided with a data dashboard.