Identify and discuss the risks of potential impact, Risk Management

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Increasingly, organizations are using computer-based tools for contracting, tendering, and procuring to meet project deliverable requirements. Along with the benefits, there are some risks inherent in using computer-based tools to manage procurement (such as sharing proprietary business data). Identify and discuss the risks and rank them in order of potential impact and likelihood. Justify your ranking with specific examples for each risk.

 


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