Dictionary of Procurement Terms

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Search Results: 91-99 of 99 results for “R”
  • Risk Matrix

  • Risk Register

    A register that lists all identified risks that may affect a project. It should be as comprehensive as possible and include all identifiable items that have a probability of occurrence. A risk register generally includes an estimated probability of the risk event occurring, the severity or possible impact of the risk, and probable timing and anticipated frequency.
  • Robinson Patman Price Discrimination Act (U.S. Law)

    A law that amended the Clayton Antitrust Act in 1936. It is intended to eliminate discriminatory and predatory pricing practices. Private individuals as well as government prosecutors may initiate lawsuits under this act. See also: Sherman Antitrust Act, Clayton Act (Clayton Anti-Trust Act), Federal Trade Commission Act.
  • ROI

  • Roll On/Roll Off (RO/RO)

    A transportation vessel or vehicle designed for wheeled cargo to be driven on and off the vessel using the cargo's wheels or a platform vehicle.
  • Root Cause Analysis (RCA)

    A technique that enables a manager to determine what happened in an unexpected situation, why, and methods of preventing the occurrence in the future by examining all factors that could contribute to the problem, including, but not limited to, factors such as environmental, human, and procedural matters.
  • Routing

    A determination of how a shipment will move from the point of origin to its destination, including the selection of carriers and geographic routes.
  • Royalty (Royalties)

    Compensation for the use of property.
  • Rubbish

    Refuse that must be disposed of that does not have any market value. See also: Scrap, Waste.



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