In what ways does CIPS assess understanding of the Five Rights?
The “Five Rights” have become one of the primary goals for procurement professionals, meaning that every purchase should meet five key requirements: the right price, the right quantity, the right quality, at the right time, and in the right place. In fact, the Five Rights are frequently tested in the CIPS exams, especially in the L4M1 module. A typical exam question might ask about the benefits of obtaining the Five Rights. To achieve a high mark on this type of…