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i) identify critical components of the procurement cycle. ii.) list ways in which each component could be corrupted. iii.)identify possible effects. iv.) identify possible causes.
i) identify critical components of the procurement cycle. ii.) list ways in which each component could be corrupted. iii.)identify possible effects. iv.) identify possible causes. v.)assess the probability of each corrupt practice occurring on a scale of 1-5 (1=low and 5=high). vi) determine the severity of the impact (b) on the scale of 1-10(1=low, 10=high) risk assessment. vii) identify the risk factor by multiplying axb viii.) prioritise these risks. viiii) identify corrective/preventive action to minimise the risk of corruption in the procurment cycle.5
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