Strategic Objectives 1.2.1. Categories of Concern Complete the following table to shape and prioritise general procurement objectives: Category of Interest Description Priority (Indicate the importance or urgency of achieving the objective.) Rank (Rank the objectives in order of priority.) Discussion (Provide additional context or rationale for each category.) Risk Management Involves identifying, assessing, and mitigating potential risks associated with procurement processes to minimise the likelihood of negative impacts and ensure smooth execution. Time Efficiency Focuses on timely completion of procurement processes to select contractors promptly and initiate projects on time. Flexibility for Future Scope Changes Emphasises the team's capacity to adapt to evolving needs in procurement requirements, maintaining responsiveness to changing circumstances. Cost Savings Involves strategies to reduce expenses and achieve financial efficiencies in procurement, maximising budgetary resources. Time and Cost Predictability Focuses on ensuring that procurement processes adhere to predicted timelines and budget, providing reliability in scheduling and planning