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Improving risk management strategy for PWD projects and public procurement

bracu.degree.levelPostgraduate
bracu.type.groupStudent Works
datacite.rightsOpen Access
dc.contributor.advisorRahman, Mir Mehbubur
dc.contributor.authorRahaman, Naimur
dc.contributor.departmentBRAC Institute of Governance and Development
dc.date.accessioned2024-07-07T08:35:02Z
dc.date.available2024-07-07T08:35:02Z
dc.date.copyright©2023
dc.date.issued2023-06
dc.descriptionThis internship report is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023.en_US
dc.descriptionCataloged from PDF version of internship report.
dc.descriptionIncludes bibliographical references (pages 24).
dc.description.abstractThe 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.en_US
dc.description.degreeMasters in Procurement and Supply Management
dc.description.statementofresponsibilityNaimur Rahaman
dc.format.extent36 pages
dc.identifier.otherID 21382013
dc.identifier.urihttp://hdl.handle.net/10361/23679
dc.language.isoenen_US
dc.publisherBRAC Universityen_US
dc.rightsBrac 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.
dc.subjectPublic procurementen_US
dc.subjectPublic infrastructureen_US
dc.subjectPWDen_US
dc.subjectRisk managementen_US
dc.subjectSupply chain processen_US
dc.subject.lcshGovernment purchasing
dc.subject.lcshBusiness logistics
dc.subject.lcshRisk management
dc.titleImproving risk management strategy for PWD projects and public procurementen_US
dc.typeInternship Reporten_US

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