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Learner Handbook
Policies Handbook
How to use this course
How-to Lesson
Study Plan!
Level 4 Crossover Topics
Kraljic Matrix
Total Cost of Ownership
Porters 5 Forces
Mendelow's Stakeholder Mapping Model
LO1 - Learning Outcomes You Could Be Asked About
LO1 Full Slide deck
1.1.1 Type of purchase such as new purchase, modified rebuy, straight rebuy
1.1.2 Implications of the business needs on the types of purchase
1.1.3 Role of procurement in developing a business case
Business Case Exercise
Business Case Answer
1.2.1 Types of market data that can provide information on costs, prices and pricing strategies
1.2.2 Identification of direct and indirect costs
1.2.3 Producing estimated costs and prices
1.2.4 Estimating the costs associated with whole-life asset management
1.3.1 Examples of criteria typically applied in the development of a business case: costs, benefits, options, competitor analysis, alignment with organisational needs, stakeholder requirements and timescales
1.4.1 The definition and purpose of financial modelling
1.4.2 Cost models and profiling of cash flows
1.4.3 Control of budgets: ways to measure budget performance
1.4.4 Approaches to budget variances
Time to create your revision notes for LO1
Revision Sheets - LO1
LO2 - Learning Outcomes You Could Be Asked About
LO2 Full Slide deck
2.1.1 Manufacturing sector
2.1.2 Construction sector
2.1.3 Retail sector
2.1.4 Financial sector
2.1.5 Agriculture sector
2.1.6 Service sector
2.2.1 Bargaining strength of suppliers and buyers
2.2.2 Availability of substitutes and threat of new entrants
Porter's Top Trumps
2.3.1 Sources of information to estimate costs and prices breakdowns and to assess the direct and indirect costs of purchased goods and services
2.3.2 Use information to prepare budgets and assess the scope for price or cost variability
Cost Price Analysis
Revision Sheets - LO2
Time to create your revision notes for LO2
LO3 - Learning Outcomes You Could Be Asked About
LO3 Full Slide deck
3.1.1 Sources of information used to create specifications: external standards, internal expertise and knowledge, other product specifications, sustainability considerations and internet sources
3.1.2 Conformance specifications: drawings, samples, brand, technical standards
3.1.3 Performance specifications: output, outcome and functional specifications
Reasons to choose Performance Specs
3.2.1 Scope
3.2.2 Definition
3.2.3 Description of requirements
3.2.4 Testing and acceptance
3.2.5 Change control mechanisms and remedies
3.2.6 Environmental, social and governance criteria
3.3.1 Under or over specified need
3.3.2 Monitoring and review of specifications developed by internal stakeholders
3.4.1 Standardisation
3.4.2 Value analysis
3.4.3 Value engineering
3.4.4 Provide guidance to internal stakeholders on project or contract implementation
Revision Sheets - LO3
Time to create your revision notes for LO3
Exam & Revision Techniques
Revision Notes
CIPS 20 Sample Questions
L4M2 LO1 24th Nov - Cohort 1
L4M2 LO2 1st Dec - Cohort 1
L4M2 LO3 8th Dec - Cohort 1
L4M2 LO1 24th Nov - Cohort 2
L4M2 LO2 1st Dec - Cohort 2
L4M2 LO3 8th Dec - Cohort 2
L4M2 LO1 24th Nov
L4M2 LO2 1st Dec
L4M2 LO3 8th Dec
Full LO1
FULL LO2
FULL LO3
1.1.1
1.1.2
1.1.3
1.2.1
1.2.2
1.2.3
1.2.4
1.3.1
1.4.1
1.4.2
1.4.3
1.4.4
2.1.1
2.1.2
2.1.3
2.1.4
2.1.5
2.1.6
2.2.1
2.2.2
2.3.1
2.3.2
3.1.1
3.1.2
3.1.3
3.2.1
3.2.2
3.2.3
3.2.4
3.2.5
3.2.6
3.3.1
3.3.2
3.4.1
3.4.2
3.4.3
3.4.4
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Lesson 1 Recording
Lesson 1 Audio Recording
Lesson 2 Recording
Lesson 2 Audio Recording
Lesson 3 Recording
Lesson 3 Audio Recording
Live Revision Lesson Recording
Revision Lesson Audio Recording
