L4M3 Focus Areas
These are some common learning areas that CIPS often asks in the exam. However we can not assure that they will not ask other areas of knowledge.
- The use of ITT and RFQ
- Roles of contract schedules/ Some common contract schedules
- Differences between invitation to treat and offer
- Offer and acceptance
- Battle of the forms
- Written and verbal contract
- Vienna Convention on the International Sales of Goods
- Misrepresentation: Formation and Consequences
- Framework agreement
- Hire, Lease and Hire Purchase
- Specification: the use of conformance and performance specification
- KPIs and SLAs: the use of common indicators
- Express and Implied terms: when are express terms ineffective?
- The use of model forms of contract
- Indemnity, liquidated damages, penalty, insurance clause
- Fixed price, variable price, cost plus arrangement
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L4M1: Scope and Influence of Procurement and Supply
L4M4: Ethical and Responsible Sourcing
2 thoughts on “L4M3 Focus Areas”
Good night.
I humbly request to allow me to go through out focus areas on all modules.
Thank you
I ve acquired more with practice online touring which helped me to tackle exam questions with broad knowledge, really appreciate your effort God bless you 🙏