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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
| Topic 2: Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
| Topic 3: Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
| Topic 4: Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
CIPS Procurement and Supply in Practice Sample Questions:
1. Explain why risk should be evaluated prior to the disposal of any assets.
2. What do STEEPLE and SWOT stand for?
3. What is Decommissioning?
4. What are the two options for the disposal of an asset if resale is not possible?
5. How does positive social impact present itself?
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: Only visible for members |
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