RAQSCI

The RAQSCI model is a mnemonic summary of a business model used to define and structure business requirements. With elements ranked in order of importance, RAQSCI stands for:

  • Regulatory
  • Assurance of supply
  • Quality
  • Service
  • Cost (or commercial)
  • Innovation.[1]

The World Bank recommends the model as "an effective way to ensure that [borrowers'] Procurement Objectives are comprehensive".[2] This model is used educationally to ensure that procurement professionals adopt a broad perspective on business needs and do not focus exclusively on costs.[3]

References
  1. Counterpoint Courses, Glossary of Procurement Terms, accessed 16 December 2018
  2. World Bank, Project Procurement Strategy for Development: Long Form Detailed Guidance, published July 2016, accessed 16 December 2018
  3. Buessow, S., Are your stakeholders your advocates?, accessed 16 December 2018
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