Procurement Risk & Governance Masterclass

Introduction

Procurement functions operate in an environment of increasing regulatory scrutiny, heightened audit expectations, and growing exposure to fraud, conflicts of interest, and third-party risk. Weak internal controls, inconsistent documentation, and unclear approval authority frequently result in financial losses, reputational damage, and regulatory findings.

The Procurement Risk & Governance Masterclass provides a structured, executive-level framework for governing procurement activities with discipline and transparency. It focuses on procurement risk identification, governance structures, internal control design, supplier risk management, fraud prevention, and audit-ready documentation. The course treats procurement risk and governance as management and accountability disciplines rather than technical or administrative tasks.

Key focus areas include:

• Procurement risk identification and risk mapping across the lifecycle
• Governance frameworks and approval authority structures
• Supplier and third-party risk assessment and due diligence
• Fraud prevention and ethical procurement controls