Browsing by Author "Elizabeth, Awuor Osodo"

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    The impact of risk assessment on procurement management: a case study of moi teaching and referral hospital- eldoret, kenya
    (Kampala International University.College of Economics and Management, 2007-04) Elizabeth, Awuor Osodo
    Procurement of goods and services is a major budgetary component of many organization. particularly, those in public sector. The increasing complexity and uncertainty in the operating environment has increased the risks involved in procurement. There is a gro,,~ng need for robust mechanisms to assist them assess and manage these risks. Public institutions in East Africa lag behind in procurement risk assessment and management capacity. Efforts to develop and implement effective risk assessment systems are often hampered by weak policies and lack of quality data Procurement decisions are therefore taken mainly on the basis of minimal information, perceptions, past experiences and instincts. These has led to inefficiency and increased costs in procurement. This project paper presents a conceptual framework for identifying key areas for risk assessment and management and the pathways - and potential barriers - by which risk assessment can affect the efficiency and effectiveness of procurement systems. It also identifies methods used to evaluate the impact of risk assessment process in achieving key objectives of procurement - improved efficiency, and cost effectiveness, This paper focused the survey in a public institution, the Moi Teaching and Referral Hospital (MTHR) in Eldoret Kenya as a case study. It interrogated the procurement system with the objective of evaluating the impacts of risk assessment on procurement decisions at the hospital. Although the hospital recognized elements of risks in their procurement activities, their risks assessment policy and guidelines were weak and hardly applied, and the management information system was weak and manual. In addition, the personnel were not well trained and prepared to handle the intricacies of risk assessment thus unduly exposing the institution to avoidable and manageable risks. There is a call for an innovative and dynamic process of identifying risks, assess mg exposures and developing appropriate action plans to ensure they are managed in a way that will enable MTRH to meet its business objectives. The development and implementation of an effective policy/protocol on risk assessment has been recommended as a key issue. Training of relevant personnel and the involvement of all stakeholders in the process has been recommended. To enhance the planning, implementation, monitoring and evaluation capacity for risk assessment and management in the hospital, the existing management information system (MIS) should be strengthened and computerized.
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    The impact of risk assessment on procurement management: a case study of Moi Teaching and Referral Hospital- Eldoret, Kenya
    (Kampala International University.College of Economics and Management, 2007-04) Elizabeth, Awuor Osodo
    The study sought to investigate the effect of outsourcing on organizational performance. The study was guided by the following research objectives, to investigate whether the bank undertakes outsourcing of projects/seNices, to establish whether outsourcing programs at the bank achieve their stated objectives of improving organizational performance, productivity, market share, and quality and to investigate the factors that are associated with the success or failure of outsourcing programs. The study findings showed that the bank does carry out outsourcing of seNices from third party seNice providers as shown by the greater majority of respondents. The bank though did not suffer adverse disadvantages of outsourcing as only 46.15% of the respondents believed that the bank faced disadvantages as a result of its outsourcing of projects/seNices to third parties. Instead the bank's outsourcing programs did offer the bank rewards as was shown by just over 92% of the respondents believing that outsourcing benefited the bank. It was thus concluded that the bank's outsourcing programs marginally satisfied the bank's outsourcing objectives. The findings also showed that when it came to outsourcing management, the bank was effective and thus concluded that factors that were considered by the bank before outsourcing were Cost restructuring, Quality Appraisal, Current Employee skills, Appraisal process and legal issues, Staffing issues and Risk management. Major recommendations to the study were that the bank should reappraise its objectives for seeking to outsource particular functions of the business. The bank should invest in further training for its own personnel on core aspects of what seNices the bank carries out in-house and what it out sources. This would also act as an incentive to the current staff who may not feel completely secure in their jobs. This insecurity counter acts marginal gains that outsourcing may be providing to the Jank in terms of productivity.