CIPS L4M5 Commercial Negotiation (2018 Syllabus)
Diploma in Procurement and Supply
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 L4M5 Commercial Negotiation (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 identify approaches to successfully achieving negotiated commercial agreements with external organisations and be more prepared to sit the L4M5 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.
What You Will Learn!
- LO1 Understand key approaches in the negotiation of commercial agreements with external organisations
- LO2 Know how to prepare for negotiations with external organisations
- LO3 Understand how commercial negotiations should be undertaken
- N/A
Who Should Attend!
- 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
- It is suitable for those who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.
- Those who have completed CIPS Level 3
- Those who are working towards CIPS Level 4