Page 124 - Proceeding 2015
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FAMP NICOLAE Ciprian
CCASP QUALITATIVE ANALYSIS OF THE RISKS IDENTIFIED IN THE MANAGEMENT OF THE NON-
REIMBURSABLE FUNDS IN ROMANIA IN 2007-2013
For example, some of the risk in the risk registers were so general that could never be quantified: “failure
to achieve financial engineering activity due to limited access to the levers of allocating funds”.
PROCEEDINGS OF THE 11 TH ADMINISTRATION AND PUBLIC MANAGEMENT INTERNATIONAL CONFERENCE
The fourth finding of the analysis is that the most identified risks are related to: Financial & Accountancy
(99 risks), Financing management (44), Human resources (43), Funds absorption (35), Reimbursement
activities (32), Implementation capacity (20), Irregularities (22), Single Management Information System
- SMIS (20).
At the end of risks redefining process, the distribution was the following: Funds absorption (6),
Implementation capacity (7), Financial & Accountancy (5), Financing management (8), Irregularities (9),
Human resources (7), Reimbursement activities (17), Single Management Information System - SMIS (6).
As seen in the below figure, the redefining of risks comprised a serious number reduction for Financial &
Accountancy related risks (from 99 to 5), Financing management related risks (from 44 to 8), Human
resources related risks (from 43 to 7) and Funds absorption related risks (from 35 to 6). We can conclude
30 th – 31 st October 2015 ”Strategic Management for Local Communities” Bucharest
that in these areas, possible in the specific departments of the authorities/institutions there is a poorer
understanding of risks than in the other areas / departments.
120
99
100
80
60 44 43
35
40 32
20 22
6
20
0 6 7 5 8 9 7 17 20
Initial risks Redefined risks
FIGURE 1 - ORGANIZATION OF RISKS ON MAIN ACTIVITIES/AREAS
Source: The Author
A big question mark we can put on the procurement related risks. Only 11 risks identified by all
authorities/institutions might seem very little if we take into consideration the fact that the most financial
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