Chapter Review
Key Takeaways
- Effectively using the procurement process creates a fair, competitive process and achieves the best value for taxpayers.
- Following the standard procurement procedures establishes effective process flow in organizing a purchase.
- Procurement processes experience multiple challenges, incorporating continuous improvement reduces supply chain risk.
- Open policies empower stakeholders to fully participate in the activities of its government and the decision-making that impacts people and the spending of public money.
Explore and Engage
Questions for Discussion
- What is the competitive bidding process in the public procurement sector?
- Why is planning so important in the pre-contractual phase?
- List three benefits of incorporating best practices in complex procurement processes.
- How can an open government procurement be achieved?
Active Learning