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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
| Topic 2: Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
| Topic 3: Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
| Topic 4: Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
CIPS Procurement and Supply in Practice Sample Questions:
1. Looking at stage 8 of the procurement and supply cycle, what does TCA mean?
2. Which type of power is most likely to be used in corruption?
3. Describe the seven stages of the Tender Process and explain the reasons why the stages must be followed.
4. Why is it important to have adequate procedures in place within an organization in relation to bribery?
5. Create a list of assets of a company with which you're familiar and divide them into standard and bespoke categorizing.
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 |



