Risk Cartography Step-by-Step

To create procurement cartography for your company, you would need to gather information about the organization's procurement process. Here are some questions that would help you to understand the procurement process and create cartography.

By gathering this information, you would be able to create a visual map that outlines the procurement process for your company, identify potential risks, and make recommendations for improving the process.

some questions that can assist you in understanding the procurement process and creating a risk map for the procurement department:

1. What is the procurement process in your organization, and who are the key stakeholders involved?
2. How are vendors selected and evaluated during the procurement process?
3. What are the criteria used for assessing the suitability and reliability of vendors?
4. What are the potential risks associated with the procurement process, and how are these risks mitigated or managed?
5. How are contracts negotiated and awarded to vendors, and what are the terms and conditions of these contracts?
6. What are the financial risks associated with the procurement process, such as fraud or misappropriation of funds, and how are these risks monitored and addressed?
7. How are compliance risks addressed in the procurement process, such as risks related to ethical standards, regulatory requirements, or conflicts of interest?
8. What are the key performance indicators used to measure the effectiveness of the procurement process, and how are these indicators monitored and reported?
9. What are the contingency plans in place to address any unexpected risks or disruptions in the procurement process?
10. How are the procurement processes documented and communicated to stakeholders, and how is knowledge transfer managed?

These questions can provide insights into the procurement process and identify potential risks that need to be addressed to create a risk map for the procurement department.

Here the questions excel file

After replying to all the questions you will be able to prepare a risk-based procurement map for an organization's procurement process:
An example of a final cartography of Risk  :

This procurement map provides an overview of the potential risks associated with the procurement process and identifies the potential impact of each risk. It also includes mitigation strategies, responsible parties, and status updates for each risk. By using this map, the organization can identify potential risks, implement mitigation strategies, and monitor and evaluate the effectiveness of these strategies over time.