The Risk Management in the Procurement Context Guideline provides an introduction to risk management concepts and terminology relevant to managing risk in the procurement context. The guideline explains why State agencies need to manage risk, provides examples of procurement process risks and contract deliverable risks, and outlines the contractual liability cover provided to State agencies by the Insurance Commission of Western Australia.
Refer to the Manage Risk Guideline for further guidance on managing risk in the procurement context including, insurance requirements, risk management tools and foreign exchange risk.
See the Procurement Guidelines page for the complete list of guidelines published by the Department of Finance to support procurement in compliance with the Western Australian Procurement Rules.
