Risk management is integral to the DMO governance framework. During 2005–06, the DMO strengthened its risk management framework through a series of initiatives.
On 30 October 2005, the CEO DMO authorised the first Enterprise Risk Management Plan for the DMO. This plan has included strengthening the links between the enterprise, division and project levels and the initiation of a comprehensive risk management policy. Projects and sustainment activities are required to develop risk management plans in accordance with the Organisation's Project Risk Management Manual.
The DMO revised its Chief Executive Instruction on Risk Management and will formulate a Risk Management policy guideline during 2006–07.