Organisational Risk Management Plan: The Application of FMEA Methodology

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Author(s): Marisa Pinho (University of Aveiro, Portugal)and Carlos Santos (University of Aveiro, Portugal)
Copyright: 2020
Pages: 32
Source title: Tools, Strategies, and Practices for Modern and Accountable Public Sector Management
Source Author(s)/Editor(s): Graça Azevedo (University of Aveiro, Portugal), Jonas Oliveira (Instituto Universitário de Lisboa (ISCTE-IUL), Portugal), Rui Pedro Marques (University of Aveiro, Portugal)and Augusta Ferreira (University of Aveiro, Portugal)
DOI: 10.4018/978-1-7998-1385-9.ch010

Keywords: Accounting & Finance / Business & Management / Business Science Reference / Public and Sector Management

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Abstract

This chapter presents the results of the application of the failure mode and effects analysis methodology, within the scope of the Organisational Risk Management Plan, in the Municipal Division of Contract Works and Concessions of Oliveira de Azeméis City Council of the metropolitan area of Porto located in the north of Portugal with an area of approximately 164 Km2 and a few more than 20,000 inhabitants. An update of the literature review allows us to conclude that this methodology remains a good approach for establishing a bridge between risk management and the Plan for Prevention of Risks of Corruption and Related Infractions, in line with the Organisation for Economic Cooperation and Development (OECD) recommendation on public integrity. Once the application of this methodology is understood, an example of its implementation for the management of risk in the contract works service of the Municipality of Oliveira de Azeméis is also provided.

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