OECD Public Governance Reviews Strengthening Oversight of the Court of Auditors for Effective Public Procurement in Portugal Digital Transformation and Data-driven Risk Assessments

Download or read book OECD Public Governance Reviews Strengthening Oversight of the Court of Auditors for Effective Public Procurement in Portugal Digital Transformation and Data-driven Risk Assessments written by OECD and published by OECD Publishing. This book was released on 2024-06-28 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report looks at efforts by Portugal’s Court of Auditors (Tribunal de Contas, TdC) to make better use of data and analytics in assessing risks in public procurement. It identifies key financial and non-financial risks to refine the TdC’s audit selection process and increase the effectiveness and efficiency of the public procurement system. The report provides recommendations for improving and maintaining data-driven risk assessments that align with the TdC’s Digital Transformation Strategy. The report also includes a data-mapping exercise and data reliability assessment in preparation for the next phase of the project, which includes developing a working model to detect procurement risks and irregularities using real-world data.