Exam: | L4M3 | ||
Exam Name: | CIPS Commercial Contracting Exam | ||
Certification(s): | Level 4 Diploma in Procurement and Supply | ||
Questions: | 190 Questions Answers | ||
Last Updated: | Dec 15,2024 | ||
Price: | Was: $85 Today: $59 |
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Main points of CIPS L4M3 Test
The CIPS L4M3 exam is a comprehensive assessment of your knowledge and skills in the areas of procurement, supply chain management, and contract management. It is designed to test your ability to apply your knowledge to real-world scenarios and to make sound decisions in complex procurement situations.
The exam consists of three parts:
- Part 1: Procurement This part of the exam tests your knowledge of the procurement process, including sourcing strategies, contract management, and supplier relationship management.
- Part 2: Supply Chain Management This part of the exam tests your knowledge of the supply chain, including logistics, inventory management, and risk management.
- Part 3: Contract Management This part of the exam tests your knowledge of contract law, contract negotiation, and contract administration.
In order to pass the exam, you must achieve a score of 70% or higher. The exam is offered in both paper-based and computer-based formats.
Here are some of the key points that you should know about the CIPS L4M3 exam:
- The exam is 3 hours long.
- The exam consists of 120 multiple-choice questions.
- The pass rate is 70%.
- The exam is offered in both paper-based and computer-based formats.
- The exam fee is \$300 for members and \$400 for non-members.
For more information about the CIPS L4M3 exam, please visit the CIPS website.
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1: Download Q&A PDF File
You can easily download the L4M3 Questions Answers PDF file for the preparation of Commercial Contracting Exam and it is especially designed for CIPS L4M3 exam and QuizDumps prepared a list of questions that would be asked in the real L4M3 exam.
2: Prepare Questions Answers
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