Project and Portfolio Management Special Report

This document is a Special Report on Project, Program, and Portfolio Management prepared by ASX Limited. It outlines ASX's approach to enhancing its project delivery capabilities in response to notices issued by the Australian Securities and Investments Commission (ASIC). The report details ASX's existing project management framework and the initiatives undertaken to uplift delivery capabilities, including the Stronger Foundations project and Delivery Excellence 1 project. It also presents the results of a maturity assessment conducted by PM-Partners, which benchmarked ASX's Project Delivery Framework against internationally recognized standards. The assessment identified areas for improvement and provided 32 recommendations, of which 12 are already underway or planned. The report emphasizes ASX's commitment to continuous improvement and the integration of these recommendations into the Delivery Uplift Roadmap. It serves as a comprehensive response to ASIC's requirements regarding ASX's current management frameworks and future plans for enhancement.