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CIPS L4M7 Exam Syllabus Topics:

SectionObjectives
Disposal and End-of-Life Management- Asset disposal strategies
  • 1. Resale, recycling, and decommissioning
    • 2. Environmental and sustainability considerations
      Understanding Asset Management- Principles of whole life asset management
      • 1. Asset lifecycle concepts
        • 2. Value creation and total cost of ownership
          Operation and Maintenance- Asset performance and reliability
          • 1. Performance monitoring and KPIs
            • 2. Maintenance strategies
              Risk and Value Management- Managing asset-related risk
              • 1. Cost-benefit and value analysis
                • 2. Risk assessment across lifecycle stages
                  Asset Acquisition and Procurement- Sourcing and procurement of assets
                  • 1. Make or buy decisions
                    • 2. Supplier selection and evaluation

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                      最新的L4M7最新考古題,幫助妳通過L4M7考試

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                      最新的 Level 4 Diploma in Procurement and Supply L4M7 免費考試真題 (Q267-Q272):

                      問題 #267
                      Among different types of costs associated with inventory, the opportunity cost of the investment tied up in inventory belongs to which of the following?

                      答案:A

                      解題說明:
                      Direct and indirect costs of holding inventory include the following:
                      - Acquisition costs
                      - Holding costs: There are 2 different types of holding costs: costs related to the value of the goods (including opportunity costs, costs of insurance, losses due to product deterioration, etc) and costs related to the physical characteristics of this inventory.
                      - Costs of stockouts


                      問題 #268
                      International Standard Book Number (ISBN) is a unique international identification system for each product form or edition of a monographic publication published or produced by a specific publisher. ISBN is an example of...?

                      答案:D

                      解題說明:
                      The International Standard Book Number (ISBN) is a numeric commercial book identifier which is intended to be unique. Publishers purchase ISBNs from an affiliate of the International ISBN Agency. ISBN is standardised by ISO 2108:2017. ISBN is an example of industry standard code as it applies to commercial books around the world.
                      Check digits are additional numbers or characters added to codes that a computer uses to verify the number is valid. The intention is to reduce the likelihood of miskeying an item and hitting an alternative live item. More often, a system is devised which a computer can calculate using combination of numbers.
                      Own product code system: an organisation will use its own product code system. This has the ad-vantage that the organisation can construct a code that is effective and fits with its software and variety of items covered.
                      The Harmonized Commodity Description and Coding System, also known as the Harmonized System (HS) of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. It came into effect in 1988 and has since been developed and maintained by the World Customs Organization (WCO) (formerly the Customs Co-operation Council), an independent intergovernmental organization based in Brussels, Belgium, with over 200 member countries.
                      Reference:
                      LO 1, AC 1.2


                      問題 #269
                      Toll Group has thousands of end-of-life IT assets that need to be disposed of. The senior manage-ment of Toll Group is largely concerned about sustainability in waste management, especially electronic waste. Before selecting a supplier to manage the process, the procurement team is required to assess the environmental risks regarding disposal of the assets. Risk assessment is basically based on the measurement of which factors?
                      1. Impact
                      2. Reward
                      3. Surveillance
                      4. Likelihood

                      答案:C

                      解題說明:
                      All risk management processes follow the same basic steps, although sometimes different jargon is used to describe these steps. Together these 5 risk management process steps combine to deliver a simple and effective risk management process.
                      Step 1: Identify the Risk. You and your team uncover, recognize and describe risks that might affect your project or its outcomes. There are a number of techniques you can use to find project risks. During this step you start to prepare your Project Risk Register.
                      Step 2: Analyze the risk. Once risks are identified you determine the likelihood and consequence of each risk.
                      You develop an understanding of the nature of the risk and its potential to affect pro-ject goals and objectives.
                      This information is also input to your Project Risk Register.
                      Step 3: Evaluate or Rank the Risk. You evaluate or rank the risk by determining the risk magni-tude, which is the combination of likelihood and consequence. You make decisions about whether the risk is acceptable or whether it is serious enough to warrant treatment. These risk rankings are also added to your Project Risk Register.
                      Step 4: Treat the Risk. This is also referred to as Risk Response Planning. During this step you assess your highest ranked risks and set out a plan to treat or modify these risks to achieve acceptable risk levels. How can you minimize the probability of the negative risks as well as enhancing the opportunities? You create risk mitigation strategies, preventive plans and contingency plans in this step. And you add the risk treatment measures for the highest ranking or most serious risks to your Project Risk Register.
                      Step 5: Monitor and Review the risk. This is the step where you take your Project Risk Register and use it to monitor, track and review risks.
                      Reference:
                      - What are the 5 Risk Management Steps in a Sound Risk Management Process?
                      - CIPS study guide page 192-193
                      LO 3, AC 3.3


                      問題 #270
                      Hi-Tech Products Inc. (HTP) has just opened a new state-of-the-art distribution centre. It has invested heavily in new technology that will help manage, store, and identify stock items and their locations quickly and continuously. Its investment uses wireless technology. HTP will be using which of the following?

                      答案:B


                      問題 #271
                      Which of the following is the core idea of Lean manufacturing?

                      答案:A

                      解題說明:
                      The core idea of lean manufacturing is actually quite simple...relentlessly work on eliminating waste from the manufacturing process. Waste is defined as any activity that does not add value from the customer's perspective. According to research conducted by the Lean Enterprise Research Centre (LERC), fully 60% of production activities in a typical manufacturing operation are waste - they add no value at all for the customer.
                      On the other hand, agile manufacturing places an extremely strong focus on rapid response to the customer - turning speed and agility into a key competitive advantage.


                      問題 #272
                      ......

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