CIPS L4M8 pass test : Procurement and Supply in Practice

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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Describe the seven stages of the Tender Process and explain the reasons why the stages must be followed.

2. What is business case?

3. When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?

4. Describe what should be considered when creating damages terms in a contract.

5. What are the ILO and ETI?

Solutions: