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Risk Analysis and Management


Risk analysis and management are techniques applied to ensure that contracts are successful. By adopting a ‘what-if’ mind-set it allows procurement to identify and assess the risks and prioritises them by aligning relevant resources to monitor, control and minimise or overcome the impact.

CIPS Procurement Topic

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Related events

Best in Procurement

Date:

Monday 29 January 2018

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Barbican Centre

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London

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Members - £20.83 per person
Non-members - £20.83 per person

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CIPS UK Conference 2018

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Wednesday 31 October 2018

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The Queen Elizabeth II...

Address:

London

Fee:

Members - £0.00 per person
Non-members - £0.00 per person

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Related concepts

Supply Chain Risk Management (SCRM)

Risk management ... should be about lessening the impact of what we don’t understand - not a futile attempt to develop sophisticated techniques and stories that perpetuate our illusions...

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Supply Chain Security Management

... It's essential to have a disciplined process in place to identify, prioritise, and manage the wide range of risks that can impact your supply chain (Dittman)

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Risk Management in Purchasing and Supply Management

Minimizing risk is crucial for anyone in charge of a complex system, and traditional approaches aren’t good enough (Sargut and McGrath)

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