Monthly Archives: April 2016

Construction Manager at Risk – Part 1 What is it? It is an approach to construction management, very much under the radar in the United Kingdom. A definition is “A project specific delivery method for large capital construction projects.” The cm-at-risk provides technical assistance during the design phase and has a cost-capped feature. The cm-at-risk […]

               Transfer pricing is a contentious matter in some procurement scenarios. A transfer price is the price paid for goods and services involved in intra-corporate transactions between a subsidiary and other branches of the corporate family. Transfer pricing is a complex subject. A very useful insight can be gained […]

A procurement risk management policy serves two main purposes: to identify, reduce and prevent undesirable incidents or outcomes (by suppliers – and buyers!) and to review past incidents and implement changes to prevent or reduce future incidents (by suppliers – and buyers!). For example, a Head of Category Management may utilise their procurement risk management […]

  10 points about real life bribery and fraud We have a continuing research project into Bribery & Fraud, specifically when the circumstances involve procurement and other staff with a supplier(s). This research has led us to a report on “Investigation into bribery and fraud at RailCorp (Australian report by ICAC – First Report). Chapter […]

To the Chinese this is the Year of the Horse.  On the first of April we start the New Financial Year for Public Sector bodies. Will this be the Year of the Procurement Audit? Here is why it is likely! In November 2013, the Audit Commission in its report “Protecting the Public Purse” stated that […]

ICT PROJECTS CAN DAMAGE YOUR HEALTH! This is not a tongue in cheek (no pun intended) poke at ICT projects, it is a serious outline analysis of another IT project that has failed. An authoritative report has been issued by the Victorian Auditor General in Australia, “Clinical ICT systems in the Victorian Public Health Sector”, […]

The Fraudulent Lifestyle Our recent commentary on “who is checking the buyer’s lifestyle” has, it seems touched some raw nerves. One of our respondents has asked “how do you check a lifestyle?” it is a very perceptive question. Of course, there are a whole variety of investigative techniques and we do not believe it is […]