Graduate diploma - The Chartered Institute of Purchasing and Supply

1.4 Develop proposals for
improvement in
programme management
through the application of
good practice principles
• Thorough project plans
with realistic objectives
and timescales
• Risk management
• Clear roles and
responsibilities
• Senior manager
responsible for the project
• Clear shared
understanding of the
requirement between
client, potential contractors
and other parties
• Regular reviews of
progress
• Skilled, experienced and
qualified staff.
2.0 RISK MANAGEMENT AND
MITIGATION FOR
KNOWLEDGE
MANAGEMENT AND
STRATEGIC SUPPLIER
RELATIONSHIPS IN THE
PUBLIC SECTOR
(Weighting 25%)
2.1 Critically evaluate
theories of risk, models of
risk management, policy
guidance and from the
academic literature,
policy guidance and
practice
• Risk management theories
and systems
• Risk management in
practice
• Appropriate risk and issues
registers.
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2.2 Assess evidence from
major public sector
programmes and projects
on the successful
identification, assessment
and allocation of major
project risks
• Types of risk including:
design and construction;
commissioning and
operating; technology and
obsolescence; regulation;
project financing;
contractor default
• Transfer of risks between
public, voluntary and
private sectors and
between different parts of
the public sector
• Managing risks through
incentivisation of
contracts.
2.3 Critically assess existing
financial and management
information against the
need for available
information
• Spend with each
contractor
• Information on specific
contracts
• Spend against plan
• Milestone information
• Variations of cost and time
• Management of disputes
and claims.