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| Certification Vendor: | CIPS (Chartered Institute of Procurement and Supply) |
|---|---|
| Exam Name: | Procurement and Supply Environments |
| Exam Number: | L3M1 |
| Certificate Validity Period: | Valid for qualification completion; no expiry once awarded |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Format: | Multiple-choice questions, Objective Response |
| Passing Score: | 70% |
| Real Exam Qty: | 40 |
| Related Certifications: | L3M3 Contract Administration L3M5 Socially Responsible Procurement L3M6 Socially Responsible Warehousing and Distribution L3M2 Ethical Procurement and Supply L3M4 Team Dynamics and Change |
| Exam Price: | GBP £135 - £175 / USD $170 - $220 (varies by region/membership) |
| Recommended Training: | CIPS Official Study Guide CIPS eLearning for L3M1 |
| Exam Registration: | Official CIPS Exam Booking |
| Sample Questions: | ![]() |
| Exam Way: | Computer-based testing: Onsite at approved test centres or remotely via online invigilation |
| Pre Condition: | No formal prerequisites; open entry for Level 3 |
| Official Syllabus URL: | https://ocm.cips.org/content/published/api/v1.1/assets/CONTC227B534BC454114B0F316CA17FFEE7E/native/Level+3+Advanced+Certificate+in+procurement+and+supply+operations+specification_v2023.pdf |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Understand the external environment affecting procurement and supply | 25% | - Impact of economic, political, legal, social, technological, environmental and ethical factors - PESTLE/STEEPLED analysis framework - Market structures and their influence on procurement decisions |
| Topic 2: Understand procurement and supply across different sectors | 25% | - Public sector regulations, transparency and accountability - Not-for-profit and third sector procurement requirements - Private sector procurement objectives and characteristics |
| Topic 3: Understand procedures and regulations governing procurement and supply | 25% | - Legislation and compliance frameworks - Procurement cycle stages and documentation - Organizational policies, codes of conduct and ethical standards |
| Topic 4: Understand pricing and commercial arrangements | 25% | - Pricing mechanisms and cost structures - Types of commercial agreements and contracts - Value for money and risk considerations |
Continuously gathering and analysing intelligence from sources such as professional, industry and trade journals, websites, conferences and exhibitions, published reports and online databases is called:
Correct Answer: A 🗳️
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Sources of finance for a private sector entity primarily include (select all that apply):
Correct Answer: B,C,D 🗳️
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Which one of the following is a document describing the requirement of a buying organisation, and may be used in seeking quotations or in a tender process? It may take the form of a written descrip-tion, drawing, model, chemical formula, etc.
Correct Answer: A 🗳️
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A 'genuine pre-estimate of loss' describes:
Correct Answer: C 🗳️
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'Price' and 'payment terms' are the same thing.
True or false?
Correct Answer: B 🗳️
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