Improving risk management strategy for PWD projects and public procurement

This internship report is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023.

Bibliographische Detailangaben
1. Verfasser: Rahaman, Naimur
Weitere Verfasser: Rahman, Mir Mehbubur
Format: Internship report
Sprache:English
Veröffentlicht: Brac University 2024
Schlagworte:
Online Zugang:http://hdl.handle.net/10361/23679
id 10361-23679
record_format dspace
spelling 10361-236792024-07-07T21:01:21Z Improving risk management strategy for PWD projects and public procurement Rahaman, Naimur Rahman, Mir Mehbubur Brac Institute of Governance and Development, Brac University Public procurement Public infrastructure PWD Risk management Supply chain process Government purchasing Business logistics Risk management This internship report is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023. Cataloged from PDF version of internship report. Includes bibliographical references (pages 24). The Public Works Department (PWD) is responsible for managing public procurement and supply chain operations in the construction and maintenance of public infrastructure in various parts of the country. The efficient management of these processes is critical to ensure the quality, safety, and timely completion of public works projects. This report presents a strategy to improve risk management in the procurement and supply chain processes of the PWD. The strategy focuses on identifying and managing risks throughout the procurement and supply chain processes, enhancing transparency and accountability, and promoting collaboration with stakeholders. The strategy recommends the adoption of a risk management framework that involves the identification, assessment, and mitigation of risks in the procurement and supply chain processes. This framework includes the development of a risk register, risk assessment tools, and risk management plans. Transparency and accountability are key to effective risk management. To this end, the strategy recommends the establishment of clear guidelines and procedures for procurement and supply chain operations, the use of digital platforms for tracking and reporting, and the training of staff and stakeholders on risk management principles. Collaboration with stakeholders, including contractors, suppliers, and community representatives, is also important for effective risk management. The strategy recommends the establishment of stakeholder engagement programs to encourage participation and feedback from all stakeholders in the procurement and supply chain processes. Finally, the strategy recommends the establishment of a monitoring and evaluation system to assess the effectiveness of the risk management strategy and to identify areas for continuous improvement. Overall, the proposed strategy provides a comprehensive approach to improving risk management in the procurement and supply chain processes of the PWD, which can ultimately lead to better quality, safety, and timely completion of public works projects. Naimur Rahaman M. Procurement and Supply Management 2024-07-07T08:35:02Z 2024-07-07T08:35:02Z ©2023 2023-06 Internship report ID 21382013 http://hdl.handle.net/10361/23679 en Brac University internship report are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 36 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic Public procurement
Public infrastructure
PWD
Risk management
Supply chain process
Government purchasing
Business logistics
Risk management
spellingShingle Public procurement
Public infrastructure
PWD
Risk management
Supply chain process
Government purchasing
Business logistics
Risk management
Rahaman, Naimur
Improving risk management strategy for PWD projects and public procurement
description This internship report is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023.
author2 Rahman, Mir Mehbubur
author_facet Rahman, Mir Mehbubur
Rahaman, Naimur
format Internship report
author Rahaman, Naimur
author_sort Rahaman, Naimur
title Improving risk management strategy for PWD projects and public procurement
title_short Improving risk management strategy for PWD projects and public procurement
title_full Improving risk management strategy for PWD projects and public procurement
title_fullStr Improving risk management strategy for PWD projects and public procurement
title_full_unstemmed Improving risk management strategy for PWD projects and public procurement
title_sort improving risk management strategy for pwd projects and public procurement
publisher Brac University
publishDate 2024
url http://hdl.handle.net/10361/23679
work_keys_str_mv AT rahamannaimur improvingriskmanagementstrategyforpwdprojectsandpublicprocurement
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