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PROCUREMENT RISK FRAMEWORK - Asian Development Bank

PROCUREMENT Risk FrameworkGuidance Note on ProcurementThe PROCUREMENT risk FRAMEWORK emphasizes the need to treat and manage risks after identification and highlights risk management as an ongoing activity. This guidance note describes ADB s PROCUREMENT risk FRAMEWORK for managing PROCUREMENT risk throughout the PROCUREMENT cycle. Effective risk management minimizes impacts on project objectives from adverse events. The guidance note describes how risks are identified, assessed, and managed at the country and sector/agency levels, and how those risks are used as inputs into the identification, assessment, and management of risk at the project level during PROCUREMENT planning and through contract the Asian Development BankADB is committed to achieving a prosperous, inclusive, r

CPRM — country portfolio review mission CPS — country partnership strategy CSPRA — country and sector/agency procurement risk assessment e-GP — electronic government procurement MAPS — Methodology for Assessing Procurement Systems OAI — Office of Anticorruption and Integrity: The procurement risk framework emphasizes the need to ...

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