Report on procurement risk of SPARRSO and its mitigation approach
This internship report is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023.
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Brac University
2024
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| Online-ссылка: | http://hdl.handle.net/10361/24006 |
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10361-240062024-10-29T08:47:55Z Report on procurement risk of SPARRSO and its mitigation approach Mollah, Mohammad Masudur Rahman Khan,Masud Akhtar Brac Institute of Governance and Development, Brac University SPARRSO Procurements of SPARRSO Risk management- SPARRSO Space sciences--Asia 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 (page-32). Bangladesh Space Research and Remote Sensing Organization (SPARRSO), operating under the Ministry of Defense, plays a pivotal role in harnessing space technology for peaceful purposes, contributing to various fields such as agriculture, forestry, hydrology and more. This report delves into the procurement risks faced by the SPARRSO and outlines a comprehensive approach to mitigate these challenges. The research was conducted using a mixed-methods approach, combining primary data from interviews and discussions with SPARRSO employees and secondary data from the literature. This comprehensive methodology allowed for a thorough assessment of the procurement risk landscape at SPARRSO and the efficacy of implemented risk mitigation strategies. The Key findings of this research reveal that SPARRSO primarily procures research equipment, software, materials, and services to support its mission. However, inherent risks such as delays, cost overruns, and quality issues necessitate a strategic mitigation approach. The report suggests several measures to mitigate procurement risks effectively, such as Supplier diversification to spread risks, Rigorous evaluation and qualification of suppliers, Emphasis on supply chain transparency, Continuous monitoring and management of risks, Adoption of technology solutions for efficiency, and Ensuring sustainable procurement practices. Additionally, the report has emphasised capacity building within SPARRSO’s procurement department through training and development initiatives. Collaborative engagement with suppliers and stakeholders and adopting dispute-resolution techniques are recommended to address issues proactively. Overall, SPARRSO’s proactive approach to risk management, including robust policies, capacity building, stakeholder engagement, and technological advancements, has not only been proven essential for ensuring successful project execution but also instils confidence in its ability to maintain competitiveness in the global space sector. Mohammad Masudur Rahman Mollah M. Procurement and Supply Management 2024-09-08T06:31:37Z 2024-09-08T06:31:37Z ©2024 2024-04 Internship report ID 22382007 http://hdl.handle.net/10361/24006 en Brac University 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. 32 pages. application/pdf Brac University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
SPARRSO Procurements of SPARRSO Risk management- SPARRSO Space sciences--Asia |
| spellingShingle |
SPARRSO Procurements of SPARRSO Risk management- SPARRSO Space sciences--Asia Mollah, Mohammad Masudur Rahman Report on procurement risk of SPARRSO and its mitigation approach |
| description |
This internship report is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023. |
| author2 |
Khan,Masud Akhtar |
| author_facet |
Khan,Masud Akhtar Mollah, Mohammad Masudur Rahman |
| format |
Internship report |
| author |
Mollah, Mohammad Masudur Rahman |
| author_sort |
Mollah, Mohammad Masudur Rahman |
| title |
Report on procurement risk of SPARRSO and its mitigation approach |
| title_short |
Report on procurement risk of SPARRSO and its mitigation approach |
| title_full |
Report on procurement risk of SPARRSO and its mitigation approach |
| title_fullStr |
Report on procurement risk of SPARRSO and its mitigation approach |
| title_full_unstemmed |
Report on procurement risk of SPARRSO and its mitigation approach |
| title_sort |
report on procurement risk of sparrso and its mitigation approach |
| publisher |
Brac University |
| publishDate |
2024 |
| url |
http://hdl.handle.net/10361/24006 |
| work_keys_str_mv |
AT mollahmohammadmasudurrahman reportonprocurementriskofsparrsoanditsmitigationapproach |
| _version_ |
1814309078043721728 |