Managing Risks & Preventing Irregularities in Public Procurement

Interest and purpose of the training

The aim of this seminar is to develop a practical guideline for the participants on how risks can be mitigated in crucial stages of the procurement process. Participants will learn how to develop a checklist for the procurement process and to draft a risk management strategy, learn to circumvent the pitfalls in the most challenging areas in the procurement process.

In this seminar, you will be equipped with the knowledge to improve the performance of your procurement function. It may serve as a strategic guideline to be used within your own institution.

Course outlines

• Risk analysis: the procurement process and what can go wrong at different phases
• Risk analysis: processes to help identify risks in different categories and different markets
• Risk assessment: scaling the key dimensions of risk impact-consequences and duration
• Qualitative approaches to risk scaling
• Quantitative approaches to risk scaling
• Risk mitigation options and strategies
• The role of the procurement and supply management professional
• Increasing internal awareness for risks in the procurement process.

Useful Information