2024 All CIPS L4M2 - L4M7 practice tests included
Chartered Institute of Procurement and Supply Level 4 Diploma Objective Response Assessment Pre-exam Tests
Description
These tests are designed to challenge students of The Chartered Institute of Procurement and Supply who have completed their studies of at least one of the Level 4 CIPS Diploma subjects. The tests are of the same duration as the official CIPS Objective Response assessments (90 minutes), with the same pass mark (70%), and with the same number of questions (60).
The tests are suitable for students who have based their studies on the updated CIPS 2023 official study guides - responses and discussion around question topics often make reference to the CIPS study guide content, and all questions reference the relevant page of the official CIPS study text for your ease of learning.
Questions are of a multiple-choice (or, occasionally multiple-selection) format, mostly with four possible answer options, from which one correct answer should be selected. Each Learning Outcome from each subject syllabus has at least one question to test your knowledge across the whole range of learning within each subject. Correct answers are clearly shown, enabling you to check what you got right or wrong. Along with a clear indication of the answer; for almost all questions, there is a commentary around the question and the answer. In some cases lengthy additional subject information is provided, especially where the test creator feels that the official CIPS textbook has been unclear or left wanting.
Subjects L4M1 and L4M8 are excluded from this offering, as the assessment method used by CIPS is constructed response (your own answers must be created by you for those subjects), not objective response.
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The course cover photograph shows the Fine Art Museum in Tigre, near Buenos Aires, Argentina. The museum overlooks a busy waterway of passenger and freight transport, much of it on its way to Uruguay and the wider River Plate estuary.
What You Will Learn!
- Define the business need, and procurement's role and contribution, within the CIPS L4 syllabus
- Be able to describe / use the key elements and legal aspects of commercial contracts; analyse / interpret specifications and KPIs, within the CIPS L4 syllabus.
- Be able to explain options / processes for sourcing from suppliers, examining ethical, legal, sustainability implications, within the CIPS L4 syllabus.
- Be able to identify approaches to successfully achieving negotiated commercial agreements with external suppliers, within the CIPS L4 syllabus.
- Analyse the dynamics of supplier relationships; examine processes for working with stakeholders; explain the concept of partnering, within the CIPS L4 syllabus.
- Explain concepts of inventory analysis / management as well as the concept of whole-life asset management, from idea to disposal, within the CIPS L4 syllabus.
Who Should Attend!
- Students should have studied at least one of the CIPS subjects L4M2 - L4M7 and be reasonably prepared to test themselves prior to sitting a CIPS Diploma examination.
- These tests are based on the CIPS Diploma syllabus, and students can assess their readiness to tackle one or more of the CIPS formal assessments.
- These tests can be taken as often as you wish, and will cover all Learning Outcomes for L4M2 to L4M7.
- These tests are based on the content of the official CIPS L4 study guides - students using other textbooks are unlikely to benefit fully.