A Guide To Risk Based Procurement

Author : Richard Russill
Publisher : Routledge
Page : 142 pages
File Size : 40,8 Mb
Release : 2017-05-15
Category : Business & Economics
ISBN : 9781351961608

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A Short Guide to Procurement Risk by Richard Russill Pdf

Increasingly, top executives view supply markets as sources of competitive advantage and as means of achieving strategic objectives. Procurement is the management activity that makes this happen, and this process depends on a superior risk management capability if it is be effective. Yet, despite its importance, Procurement Risk Management is surprisingly under-developed. Recent Global Risk surveys have pinpointed Supply Chain Vulnerability as one of the four key global risks for the next decade. What is less well known is that this is only half of the story ... risk exposures also exist inside the company and can be just as damaging. No company is an island; it needs suppliers as well as customers. Conventional wisdom puts great emphasis on managing certain aspects of business such as customers; operations; strategy and finances. Typically, however, much less regard is paid to external suppliers and the risks present in dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enable the company to feed its business model. When done well, a risk-aware procurement process provides the bonus of competitive advantage, with the ability to capitalise, on the occurrence of unexpected events. This short guide explains just how to do it. Each chapter explores the topic in hand, outlines the risks and the remedies available and offers guidance on the principles and risk prevention.

Author : Randal Wilson
Publisher : Unknown
Page : 128 pages
File Size : 43,6 Mb
Release : 2015
Category : Project management
ISBN : 0133838536

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Mastering Risk and Procurement in Project Management by Randal Wilson Pdf

Author : Engineering Equipment and Materials Users Association
Publisher : Unknown
Page : 53 pages
File Size : 46,8 Mb
Release : 2013
Category : Engineering
ISBN : 0859311791

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A Guide to Risk-Based Procurement by Engineering Equipment and Materials Users Association Pdf

Author : Randal Wilson
Publisher : Pearson Education
Page : 289 pages
File Size : 54,7 Mb
Release : 2014-08-21
Category : Business & Economics
ISBN : 9780133838497

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Mastering Risk and Procurement in Project Management by Randal Wilson Pdf

Master the crucial risk management and procurement tasks that are indispensable to project success! In Mastering Risk and Procurement in Project Management, expert project manager and seasoned professor Wilson addresses every stage of the project where risk management and procurement are relevant, especially planning, monitoring, and control. Teaching through relevant examples and case studies, Wilson explains: Why risk management and procurement are so crucial to achieving your project's goals The deep and surprising linkages that exist across risk management and procurement How to avoid common pitfalls How to integrate best-practice risk management and procurement throughout your PMBOK processes. Drawing on his own extensive experience, he offers in-depth coverage of topics ranging from contracting and risk monitoring to project close-out, and gives readers practical knowledge of critical processes and tasks in project management.

Author : Helena Haapio,George J. Siedel
Publisher : Routledge
Page : 232 pages
File Size : 52,6 Mb
Release : 2017-03-02
Category : Law
ISBN : 9781351961844

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A Short Guide to Contract Risk by Helena Haapio,George J. Siedel Pdf

Savvy managers no longer look at contracting processes and documents reactively but use them proactively to reach their business goals and minimize their risks. To succeed, these managers need a framework and A Short Guide to Contract Risk provides this. The foundation of identifying and managing contract risk is what the authors call Contract Literacy: a set of skills relevant for all who deal with contracts in their everyday business environment, ranging from general managers and CEOs to sales, procurement and project professionals and risk managers. Contracts play a major role in business success. Contracts govern companies' deals and relationships with their suppliers and customers. They impact future rights, cash flows, costs, earnings, and risks. A company's contract portfolio may be subject to greater losses than anyone realizes. Still the greatest risk in business is not taking any risks. Equipped with the concepts described in this book, business and risk managers can start to see contracts differently and to use them to find and achieve the right balance for business success and problem prevention. What makes this short guide from the authors of the acclaimed Proactive Law for Managers especially valuable, if not unique, is its down-to-earth managerial/legal approach. Using lean contracting, visualization and the tools introduced in this book, managers and lawyers can achieve legally sound contracts that function as managerial tools for well thought-out, realistic risk allocation in business deals and relationships.

Author : Nigel J. Smith,Tony Merna,Paul Jobling
Publisher : John Wiley & Sons
Page : 263 pages
File Size : 53,7 Mb
Release : 2013-11-15
Category : Technology & Engineering
ISBN : 9781118347225

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Managing Risk in Construction Projects by Nigel J. Smith,Tony Merna,Paul Jobling Pdf

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry. This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty. The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects. It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP. With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Author : Dale Cooper,Stephen Grey,Geoffrey Raymond,Phil Walker
Publisher : Wiley
Page : 0 pages
File Size : 49,9 Mb
Release : 2004-11-30
Category : Business & Economics
ISBN : 0470022817

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Project Risk Management Guidelines by Dale Cooper,Stephen Grey,Geoffrey Raymond,Phil Walker Pdf

This book describes philosophies, principles, practices and techniques for managing risk in projects and procurements, with a particular focus on complex or large-scale activities. The authors cover the basics of risk management in the context of project management, and outline a step-by-step approach. They then extend this approach into specialised areas of procurement (including tender evaluation, outsourcing and Public-Private Partnerships), introducing technical risk assessment tools and processes for environmental risk management. Finally they consider quantitative methods and the way they can be used in large projects. International case studies are included throughout.

Author : ALLAN S. CUTLER
Publisher : Unknown
Page : 128 pages
File Size : 55,7 Mb
Release : 2018-07
Category : Electronic
ISBN : 0433498757

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A Practical Guide to Public Procurement/Allan S. Cutler by ALLAN S. CUTLER Pdf

Author : Chris Lonsdale,Andrew W. Cox
Publisher : Unknown
Page : 240 pages
File Size : 54,5 Mb
Release : 1998
Category : Business & Economics
ISBN : IND:30000055857340

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Outsourcing by Chris Lonsdale,Andrew W. Cox Pdf

Key texts in managing outsourcing risks are outlined in this study along with a critical analysis of the operational tools and techniques which dominate academic/practitioner thinking.

Author : Michael F. Dallas
Publisher : John Wiley & Sons
Page : 400 pages
File Size : 52,8 Mb
Release : 2008-04-15
Category : Technology & Engineering
ISBN : 9780470759424

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Value and Risk Management by Michael F. Dallas Pdf

Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances. * Published on behalf of the Chartered Institute of Building with cross-industry institutional support * Combines value and risk management which are often considered, wrongly, in isolation * Makes a complicated subject accessible to a wide audience of construction practitioners * Features checklists and proformas to aid implementation of best practice * Author has extensive practical experience of the subject

Author : CCPS (Center for Chemical Process Safety)
Publisher : John Wiley & Sons
Page : 759 pages
File Size : 41,8 Mb
Release : 2011-11-30
Category : Technology & Engineering
ISBN : 9781118209639

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Guidelines for Risk Based Process Safety by CCPS (Center for Chemical Process Safety) Pdf

Guidelines for Risk Based Process Safety provides guidelines for industries that manufacture, consume, or handle chemicals, by focusing on new ways to design, correct, or improve process safety management practices. This new framework for thinking about process safety builds upon the original process safety management ideas published in the early 1990s, integrates industry lessons learned over the intervening years, utilizes applicable "total quality" principles (i.e., plan, do, check, act), and organizes it in a way that will be useful to all organizations - even those with relatively lower hazard activities - throughout the life-cycle of a company.

Author : RAZLY ZAKARIA
Publisher : eBookIt.com
Page : 93 pages
File Size : 50,5 Mb
Release : 2014-03-13
Category : Reference
ISBN : 9781456621650

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A Step By Step Guide: How to Perform Risk Based Internal Auditing for Internal Audit Beginners by RAZLY ZAKARIA Pdf

This book provides new internal auditors with step by step guide in performing risk based internal auditing. Summarised in 5 easy-to-follow simple steps, the author shares his experience in performing an effective and comprehensive internal audit exercise. Methodology and complex techniques are available. Not to deny that all these available information is good, but it would be too complicated for internal audit beginners to understand and to apply those information immediately into a guide in their first task. Therefore, this book has been written to provide a simple yet comprehensive guides with examples that can be immediately applied!

Author : X. Paul Humbert,Robert C. Mastice
Publisher : Unknown
Page : 312 pages
File Size : 54,6 Mb
Release : 2014-01-19
Category : Business logistics
ISBN : 0615956718

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Contract and Risk Management for Supply Chain Management Professionals by X. Paul Humbert,Robert C. Mastice Pdf

What Will This Book Do for You? This book provides a survival manual for anyone involved in the crafting, structuring, negotiating, supporting or managing contracts involving commercial transactions of goods, services or both. It blends the practical with general legal principles and highlights best practices for supply chain professionals and anyone else involved, directly or indirectly, with the generation or management of contracts from cradle-to-grave. Even commercially wise and sophisticated organizations can be untrained and unaware of certain gaps and traps in the management of their contracts. This book addresses those pitfalls and provides lessons learned and guidance that are not typically taught at the college or even graduate school level. Experience can be hard and expensive to come by and this book provides a concentrated dose of experience that immediately raises the reader's level of sophistication and awareness for gaps and traps while providing practical solutions to pitfalls that can haunt any organization. Left unchecked, these pitfalls can lead to dysfunction and confusion; both of which can be an expensive proposition in today's competitive and uncertain economic environment. Who Should Use this Book? Supply Chain Management Professionals, Risk Managers, Insurance Experts, Project Managers, Purchasing Agents, Contract Administrators, Executives and any business or technical professionals who are involved with developing, managing or implementing projects, purchases or any complex transaction or procurement where cost, schedule and scope certainty are important. What Does This Book Cover? This book covers how the relationship of the parties affects commercial transactions and addresses the importance of upholding the integrity of the process and the contract by understanding key supply chain best practices. The book focuses on contracting strategies and approaches including how to structure requests for proposals and instructions to bidders as well as key considerations in pricing and pricing adjustments, risk management tools and techniques, the importance of defining the deliverables and outcomes, negotiation strategies and techniques, negotiating warranties and remedies, applying leadership and influencing skills to the process, how to implement sound change management as well as capturing and applying past lessons learned. In addition, special attention is given to the importance of sound "kick off" and "close out", including termination for cause or convenience techniques and other best practices.

Author : Dale Cooper,Pauline Bosnich,Stephen Grey,Grant Purdy,Geoffrey Raymond,Phil Walker,Mike Wood
Publisher : Wiley Global Education
Page : 432 pages
File Size : 55,8 Mb
Release : 2014-09-23
Category : Business & Economics
ISBN : 9781118849699

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Project Risk Management Guidelines by Dale Cooper,Pauline Bosnich,Stephen Grey,Grant Purdy,Geoffrey Raymond,Phil Walker,Mike Wood Pdf

This new edition of Project Risk Management Guidelines has been fully updated to include the new international standards, ISO 31000 Risk management and IEC 62198 Managing risk in projects. The book explains the standards and how they can be applied. It provides a clear introduction to basic project risk management, introduces the reader to specialized areas of projects and procurement, and shows how quantitative risk analysis methods can be used in large projects. Chapter by chapter, the authors present simple, practical steps and illustrate them with examples drawn from their extensive experience from around the world, in many different industry sectors and cultures and at all stages of projects from conception through development and into execution. Qualitative and quantitative approaches are covered. Traditional structures and processes are discussed as well as developments in the way projects are conducted, such as outsourcing arrangements and risk-sharing structures like public–private partnerships. Improved outcomes can be achieved when sound risk management is used to capture opportunities and reduce threats. Its unique focus and wealth of checklists, tables and other resources make this book an essential and enduring tool for anyone involved with project work.

Author : Stephen Asbury,Edmund Jacobs
Publisher : Routledge
Page : 212 pages
File Size : 43,9 Mb
Release : 2014-04-16
Category : Business & Economics
ISBN : 9781317937555

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Dynamic Risk Assessment by Stephen Asbury,Edmund Jacobs Pdf

Dynamic Risk Assessment is the key tool to support a holistic risk management framework. This book aims to help employers, managers and staff alike to understand how they can effectively integrate dynamic risk assessment into business management processes and systems to improve safety. With tips, examples and solutions throughout, this multi-disciplinary text delivers an effective and comprehensive approach to help you to understand how dynamic risk assessment (DRA) can be integrated into predictive (PRA) and strategic risk assessments (SRA) to enhance your organization’s effectiveness. The 3-Level Risk Management Model fully supports and complements the systematic ‘five steps to risk assessment’ process A multi-disciplinary approach to dynamic risk assessment that covers workers operating in teams and those working alone within the public, private and third sectors Contains practical examples, tips and case studies drawn from a wide range of organizations The book comes with access to downloadable materials from an accompanying website at: www.routledge.com/cw/dynamic-risk-assessment