L4M3 Exam Dumps PDF + Practice Test
Exam:L4M3
Exam Name:CIPS Commercial Contracting Exam
Certification(s):Level 4 Diploma in Procurement and Supply
Questions:190 Questions Answers
Last Updated:Apr 20,2024
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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We are dedicated to providing you with accurate Commercial Contracting Exam questions & answers, along with descriptive explanations. We understand the value of your time and money, which is why every question and answer on DumpsArchive has been verified by CIPS experts. They are highly qualified individuals, who have many years of professional experience related to the subject of the exam.

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