Individual Assignment KPU Procurement department procures goods and services for the institution. For example, KPU purchased a broad range of goods such as textbooks, information technology hardware and software, mechanical and electrical supplies, small tools, fleet, furniture, fixtures and equipment. KPU outsources services such as audit, professional consultant, engineering services, architectural services, general contractors, mechanical and electrical contractors, and other trades from time to time. These goods and services provide a wide range of services to support the faculties and departments for their ongoing operational and capital activities. The Director of Procurement at KPU wants to develop a performance and risk management framework. As such, you have been tasked to assist the Director in establishing this framework. Please prepare the followings for the Director: 1) Three (3) key performance measurement 2) Three (3) key risk management 3) Your rationale to support (1) and (2)