The Risk Workbook provides practical information and templates to identify, record and manage risks associated with a procurement process.
You must conduct a risk analysis for each procurement process to identify potential risks, the likelihood that they will occur and their impact. A risk analysis should be conducted early in the process and kept current during the procurement planning, contract formation and contract management stages of a procurement.
Refer to the Manage Risk Guideline for further guidance on risk management including, managing risk in the procurement context, insurance requirements and foreign exchange risk.
The Risk Workbook is part of a suite of procurement planning templates published by the Department of Finance.
