CIPS L5M4 Advanced Contract and Financial Management

Welcome to L5M4. This module is Advanced Contract and Financial Management

Who is this course for?

This course is designed for CIPS students sitting L5M4. It has a focus on practicing written exam technique and covers all the content of the module in an easy to understand and accessible way. It’s suitable for those who are self-studying or who are studying around other commitments and need to revise in bite-sized chunks. If you want to hone your skills and pass first time, this is for you.

What’s in the course and how does it work?

This course provides essay questions for you to practice. Topics cover all four Learning Outcomes of L5M4. The questions have been carefully designed to mimic the real exam and include a variety of ‘command words’ and a mixture of straight questions vs scenario questions.

For each question you’re encouraged to write (or at least think about) how you would approach the question and I provide details of what the examiner will be looking for, what content to include in your response and how you can structure your essay to achieve maximum points. I also provide links to additional reading and extra examples you can use in your essay, where appropriate.

Kindly note that CIPS publish new, never-before-seen questions each exam session. These practice questions reflect the same topics, but they may not be the exact questions you receive in your exam.

*JUST ADDED* as well as practice questions, this course also has a fun little quiz on exam technique AND a full list of topics that have been asked before! *

What benefit will I gain from taking this course?

As well as access to practice questions and my advice, there is a Q&A function that students can use to discuss (e.g. ‘if I talked about X for this question, would that work?). You also have access to contact me directly with any questions you have about CIPS.

Students who take this course report excellent exam results, higher levels of confidence and being able to pass their exams with less hours of study. Please check out the reviews.

“These questions helped me a lot. The course was tough, but i managed to get a distinction! Thanks a lot Elizabeth- Irene

Key Facts about this Module

· L5M4 is a core module of CIPS Level 5 – Advanced Diploma in Procurement and Supply. This means you must pass this module in order to achieve your Advanced Diploma

· It is a constructed response exam and you must write 4 essays within 3 hours

· You will receive 12 credits for completing the exam

· CIPS recommend you spend 120 hours studying for this exam. But with these practice questions you will be able to reduce this greatly

· The content of the module includes: measures to ensure and improve contract performance, strategic sourcing and financial aspects that may impact procurement and supply activity.

Rating Distribution

• 1 stars: 2 votes
• 2 stars: 2 votes
• 3 stars: 4 votes
• 4 stars: 10 votes
• 5 stars: 23 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!