Common themes of L4M8 questions
Unlike OR exams, CR exams such as L4M8 or L4M1 ask specific questions (often with scenario). It is hard to dictate where is the focus areas of these exams. We do a quick research on the Principal Marker reports to see which are the themes of L4M8 questions.
|July-22||Key stages of procurement cycle||Added value of sourcing process stage||Elements of whole life asset management||Ethical and responsible sourcing|
|May-22||Procurement Cycle||Model forms contract||Whole life cost||Ethical sourcing|
|Mar-22||Early supplier involvement||Effective contract management||WLAM costs||Ethical sourcing solution|
|Nov-21||Contract management & supplier relationship management||Supplier selection stage||Hidden costs & senior management support||Ethical sourcing and CSR|
|Jul-21||Contract management||Express contract terms||Whole life asset costing||Fraud, Bribery and Corruption|
|May-21||Supplier management||Express contract terms||Disposal of asset||Social impact of a business|
|Mar-21||CIPS Procurement Cycle||Supplier evaluation||Acquisition and operation costs||The need for ethical and responsible sourcing|
|Jan-21||Outsourcing||Contractual terms||Decommissioning process||Ethical and sustainable KPIs|
|Nov-20||Tender process||Financial ratios||WLC stages||CIPS Code of Conduct|
|Sep-20||Early supplier involvement||Model forms of contract||WLC stages||Fraud and Bribery|
|Jul-20||Market analysis and testing||Financial ratios||WLC elements||CIPS Code of Conduct|
One thought on “Common themes of L4M8 questions”
A very useful resource – well timed in publication, too, with exams next week!