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CIPS L3M2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Understand how operational performance of the procurement and supply function can be measured and improved | - Measurement of sourcing cycle times
|
| Topic 2: Know techniques that can achieve added value and its contribution to organisational success | - Techniques to achieve added value
|
| Topic 3: Know tasks associated with each stage of the sourcing process | - Documentation used in sourcing
|
| Topic 4: Understand the significance of ethics for procurement and supply | - CIPS Code of Conduct
|
CIPS L3M2 Exam — Questions and Answers
The CIPS Ethical Procurement and Supply blueprint spans 4 domains — including Understand the significance of ethics for procurement and supply, Know techniques that can achieve added value and its contribution to organisational success, Know tasks associated with each stage of the sourcing process. Follow the weightings with your hours; the full outline above details every subtopic.
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No formal entry requirements. Typically studied as part of the CIPS Level 3 Advanced Certificate programme. Eligibility rules change over time, so confirm the current requirements on the official page (official L3M2 exam page) before you register.
The CIPS Ethical Procurement and Supply is CIPS's certification exam for CIPS Level 3 Advanced Certificate in Procurement and Supply Operations, at the Intermediate (Level 3 Advanced Certificate in Procurement and Supply Operations) level — proof of practical skills that employers recognize. Our material for it is written by IT experts and certified trainers with a wealth of exam experience. Related credentials include CIPS Level 3 Advanced Certificate in Procurement and Supply Operations.
CIPS Ethical Procurement and Supply Sample Questions:
'From an accounting perspective, added value is total XXXXXX minus total costs of all activities'.
Which word is missing?
- A. Savings
- B. Revenue
- C. Costs
- D. Expenditure
Correct Answer: B 🗳️
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Disclose, distance, delegate, ...?
- A. Dislocate
- B. Discriminate
- C. Disassociate
- D. Discombobulate
Correct Answer: C 🗳️
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The main difference between value engineering and XXXXX XXXXX is that whereas value engineering is applied to new product design at the pre-manufacturing stage, XXXXX XXXXX is applied to established products that are already being manufactured and sold in the market.
- A. Cost analysis
- B. Value analysis
- C. Product analysis
- D. Price analysis
Correct Answer: B 🗳️
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Regarding quality management, how many defects?
- A. One
- B. Two
- C. Zero
- D. Three
Correct Answer: C 🗳️
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A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity, is called:
- A. Double indemnity
- B. Conflict resolution
- C. Split the difference
- D. Conflict of interest
- E. Shared interests
- F. Double whammy
Correct Answer: D 🗳️
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