L4M8
L4M8
L4M8
QUESTION PAPER 1
1. Discuss the key stages of the procurement cycle to the practical procurement and
supply environment? (25marks)
2. (a) Discuss the difference between output specification and technical specification (10
marks)
see page 3
(b) Under what circumstance do you use technical specification? (10 marks)
(c) Explain merits of output specification (5 marks)
3. There are many stages taking place during procurement cycle. The second stage of the
see page
4,5,26,27 procurement cycle is market commodity options. Discuss activities taking place
including competitive tools of analysis that a buyer should use. (25 marks).
4. Discuss which tools should a buyer use when developing strategy or plan.(25 marks)
5. Discuss with a matrix what makes procurement cycle to differ for various products,
services and types of buyer. (25marks)
CHAPTER 2
1. Discuss the key stages of the sourcing process to the practical procurement and supply
environment. (25marks)
2. Discuss 5 stages of forming a contract
3. Discuss techniques that a buyer should use to resolve conflict. (25marks)
4. Discuss methods of managing contracts or suppliers (25marks)
Chapter 3
1. Discuss all the costs associated to whole life asset management. (25marks)
2. Discuss elements the form the cycle of whole asset management giving examples
(25marks)
3. Discuss hidden costs-global sourcing and risks associated with extended supply chain
CHAPTER 4
1. Discuss principles that an organization should have in place to be able to defend itself
against bribery (25marks).
2. Discuss environmental factors that affect ethical responsible sourcing. (25marks)
3. Explain ways of monitoring ethical and responsible sourcing. (25marks)
4. Discuss factors associated with sustainable procurement. (25marks)