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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
| Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
| Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
| Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
CIPS Procurement and Supply in Practice Sample Questions:
Question #1
What are the four methods that can be used to try to resolve dispute?
Question #2
Create a list of tangible, intangible, direct and indirect needs within an organization with which you are familiar.
Question #3
What are the two options for the disposal of an asset if resale is not possible?
Question #4
What is CSR policy?
Question #5
KPI should be written to match which area of an organization?
Solutions:
| Question #1 Correct Answer: Only visible for members | Question #2 Correct Answer: Only visible for members | Question #3 Correct Answer: Only visible for members | Question #4 Correct Answer: Only visible for members | Question #5 Correct Answer: Only visible for members |
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