The project component implemented by PEM CONSULT and its partners contributed to the creation of a risk-based inspection system in Armenia.

Project activities comprised:

• Helping Armenian Government understand risk-based approaches in pilot inspections and initiate work on this area - suggesting options with regard to a more optimal, cost efficient and effective inspection system in Armenia;
• Setting up databases of businesses under supervision for several key regulatory agencies, including the necessary data to allow for risk-based planning of inspections [including setting up data collection mechanisms etc.];
• Developing and implementing mechanisms for inspection targeting;
• Developing inspection check-lists for several key regulatory agencies in the most important business sectors;
• Training the personnel of these inspection agencies in using the new tools.