The WA Department of Treasury consists of two businesses - Treasury and Strategic Projects. Treasury plays a central role in managing Western Australia's public sector finances and in providing expert analysis and advice on the strategies and frameworks necessary for maintaining the state's economic and financial position. This includes the development of economic and revenue forecasts, and the on-going monitoring of developments in the state's economy and major revenue bases. Strategic Projects is responsible for the planning and delivery of major projects that are considered to be of significant importance to the state. Projects are assigned to Strategic Projects on the basis of cost, uniqueness, complexity and risk, as directed by the Economic and Expenditure Review Committee.