The Infrastructure and Projects Authority (IPA) has published its 2016/17 report on major reports, featuring 143 projects worth £455.5bn spread across 17 government departments.
The document provides a snapshot of how well these projects are progressing as of September 2016.
While the infrastructure and construction sector is the largest area of growth on the GMPP, reaching a record value of £222.5bn, the data also shows a steady improvement in the way that government is delivering major projects:
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• Over 60% of projects by whole life cost are likely to be successfully delivered
• since last year's report, the number of at risk projects has reduced from 44 to 38, an improvement from 48 the previous year
• transformation projects continue to make up the largest category of the GMPP with 40 projects.
John Manzoni, Chief Executive of the Civil Service, said: "This year's report continues to reflect a broad and ambitious government agenda with transformation and infrastructure and construction remaining key priorities.
"The data shows signs of steady improvement in the way government is delivering major projects. All government projects are designed to improve the lives of our citizens. As we continue to deliver, the benefits of these projects will be felt by the public."
Tony Meggs, Chief Executive of the IPA, said: "We know that success or failure of a project is often determined in its earliest phases. That is why the IPA is focussing its efforts on engaging and supporting specific projects in the early stages of their development.
"We will continue to work with departments and industry as early as possible on their projects, so we can help ensure they are set up for success."
(LM)
