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STANDARD FORM OF BIDDING DOCUMENTS FOR PROCUREMENT OF MSC (purchase of consumables) (SMALL PROCUREMENT UNTO RS 10 MILLIONS)Notified vide Notification No. KP PRA/M&E/SBS/11/2015 Dated Peshawar the
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How to fill out procurement risk assessment report

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How to fill out procurement risk assessment report

01
Identify the potential risks associated with the procurement process
02
Evaluate the likelihood and impact of each identified risk
03
Develop risk mitigation strategies to address the identified risks
04
Document all findings, assessments, and mitigation strategies in the procurement risk assessment report
05
Review and update the report regularly to ensure ongoing risk management

Who needs procurement risk assessment report?

01
Government agencies
02
Businesses
03
Non-profit organizations
04
Any entity involved in procurement processes
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The procurement risk assessment report is a document that evaluates the potential risks associated with a procurement process.
The entity or organization responsible for conducting the procurement process is required to file the procurement risk assessment report.
The procurement risk assessment report should be filled out by identifying and assessing potential risks related to the procurement process, and providing strategies to mitigate those risks.
The purpose of the procurement risk assessment report is to identify, evaluate, and address potential risks that may impact the success of a procurement process.
The procurement risk assessment report must include an analysis of risks, their potential impact on the procurement process, and proposed risk mitigation strategies.
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