Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
This case study outlines risk management activities associated with potential fraud and corruption in the procurement function of a public-sector entity. The aim was to identify and determine the priority of risks associated with fraud and corruption, and to ensure that appropriate controls were in place or identified for future treatment. While this case is set in the context of a government agency, most of the lessons are relevant to any organisation.
This case study outlines risk management activities associated with potential fraud and corruption in the procurement function of a public-sector entity. The aim was to identify and determine the priority of risks associated with fraud and corruption, and to ensure that appropriate controls were in place or identified for future treatment. While this case is set in the context of a government agency, most of the lessons are relevant to any organisation.
This tutorial is drawn from Broadleaf’s long experience with project range analysis, also referred to as quantitative risk analysis or probabilistic risk analysis. It describes some key lessons about project range analysis, and what constitutes good practice. The material covers the analysis of both costs and schedules; the same principles apply to both.