CIPS L4M2 Defining Business Need (2018 Syllabus)

Diploma in Procurement and Supply

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CIPS L4M2 Defining Business Need (2018 Syllabus)

What You Will Learn!

LO1 Understand how to devise a business case for requirements to be sourced from external suppliers
LO2 Understand market management in procurement and supply
LO3 Understand the use of specifications in procurement and supply
LO4 N/A

Description

The practice test was written by the Procurement Study Buddy and contains carefully crafted questions and answers based on the content of the study guide - these are not actual passed questions from real CIPS exams as these are no longer issued by CIPS and would be an infringement of copyright. It serves as a revision only and not intended to be an exact replica of the live exams but it will at least highlight which learning outcomes you are strong on and which ones you may need to revised more on. Who this course is for:

Learners who are taking the CIPS Exams for L4M2 Defining Business Need (2018 Syllabus).

Learners who wish to pass the CIPS Level 4 exams - Diploma in Procurement and Supply.

Learners who want to gain confidence in passing the exams by practicing the syllabus.

Anyone who wants to know more about procurement in general.

On completion of this module, learners will be able to devise a business case for requirements to be externally sourced and will understand the role of market management and competitive forces as they specify goods and services in procurement and supply and be more prepared to sit the L4M2 exam.

Thank you for taking this course with me.

Procurement Study Buddy

Please note that this is based on the 2018 syllabus which does have overlap with the 2023 syllabus.

Who Should Attend!

This qualification is the essential toolkit for anyone planning a career in procurement and supply.
It’s suitable for those in operational roles or those managing or supervising the procurement and supply function who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.
Those with a minimum of at least two A-levels (or international equivalent) or a CIPS Level 3 Advanced Certificate qualification i

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