Question: Case Analysis: Why abide by Procurement Principles? For any procurement process to be a success where all involved parties get value for money and deliver

Case Analysis: Why abide by Procurement Principles? For any procurement process to be a success where all involved parties get value for money and deliver services as required, principles and policies in line with public procurement ought to be followed. The Executive Director, Public Procurement and Disposal of Public Assets Authority (PPDA) advises procurement professionals to abide by the PPDA principles and policies that guide public procurement in Uganda. She says public procurement ensures service delivery of government objectives by linking public financial management to the government development agenda. The main objective of procurement is to achieve the best value-for-money outcomes through processes that are transparent, efficient, facilitate equal access and promote open competition and innovation, She adds. Such policies and rules should be made clear at the early stage of the procurement process through strategic procurement techniques such as market analysis, forward commitment, life cycle assessment and risk management among others to avoid project failures in the course of the project. A one the PPDA procurement officer, says the key principles of public procurement according to the PPDA Act are; economy, efficiency, competition and transparency. There should also be fairness or non-discrimination, accountability, ethics and integrity as well as equity, she adds. Promotion of procurement professionals is a strategic function within the Public Finance Management so all stakeholders are advised to e-engineer and adopt good practices to enhance efficiency and effectiveness in public procurement. Using the knowledge, you have acquired in this course, a) Apart from just merely following the procurement principles, which other ways can organizations ensure procurement management (10 marks)

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