Exam Name: Procurement and Supply in Practice
Certification Provider: CIPS
Corresponding Certification: CIPS Level 4 Diploma in Procurement and Supply
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Procurement and Supply in Practice: L4M8 Exam Premium File as PDF & Test Engine
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Last Updated: Jul 29, 2026
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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
| Topic 2: Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
| Topic 3: Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
| Topic 4: Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
CIPS Procurement and Supply in Practice Sample Questions:
1. Describe what should be considered when creating damages terms in a contract.
2. Explain why risk should be evaluated prior to the disposal of any assets.
3. Describe a current or recent trade war of which you are aware and explain the implication it has for world trade.
4. What do STEEPLE and SWOT stand for?
5. Research the values and ethical code of practice of an organization with which you are familiar.
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: Only visible for members |
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