CIPS L4M8 CH.1 - PROCUREMENT CYCLE EXAM QUESTIONS WITH VERIFIED ANSWERS. A+ GRADE 2025/2026.

CIPS L4M8 CH.1 - PROCUREMENT
CYCLE EXAM QUESTIONS WITH
VERIFIED ANSWERS. A+ GRADE
2025/2026.




The CIPS Procurement Cycle -


Pneumonic for remembering the cycle:


I Made Special Pink Doughnuts Smothered In Edible Ants with Cat Smoothie 4 After - ANS I-
Identify Ned
Made - Market options
Special - Strategy development
Pink - Pre-procurement market engagement
Doughnuts = Develop Documents
Smothered - Supplier Selection Process
In - Issue Docs/ITT
Edible - Evaluate bids
Ants - Award
With - Warehousing and logistics
Cat - Contract Management
Smoothie - Supplier Relations

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, 4
After - Asset Management and review


Stage 1: Defining Business Need - ANS - Clear communication between buyer and requester
to understand need
- Specification developed (performance or conformance)


Types of things needed - TIDI - ANS Tangible - stationary, needles
Intangible - Insurance, wifi
Direct - parts for assembly
Indirect - Marketing, HR


Requisitions and MRP - ANS Electronic req's should contain all pertinent info they can.


They can be an advantage by being linked to an MRP system to manage stock levels
automatically


Stage 2: Market analysis and make-buy decisions - ANS - Budgetary information and
knowledge of market helps for make/buy
- Use PORTERS 5 FORCES to understand market
- Use CARTERS OUTSOURCE matrix to understand if something should be made internally


Carter's Outsource Matrix - ANS


Stage 3: Develop Strategy/ plan - ANS Use analysis of internal and external environment to
achieve this


STEEPLED for external




2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED