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L4M8 Procurement and Supply in Practice

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In this practical 1.5-day course (or 6 x 2-hour sessions), you will apply the procurement cycle in an integrated way within a workplace context, from the pre-contract and post-contract stages through to performance indicators, whole-life asset management and environmental, social and governance principles. Choose the short course on its own, or add the optional CIPS L4M8 exam to earn 12 credits towards the CIPS Level 4 Diploma in Procurement and Supply.

Description

Know the procurement theory but never run a sourcing project from start to finish?

In this practical 1.5-day course (or 6 x 2-hour sessions), you will apply the procurement cycle in an integrated way within a workplace context, from the pre-contract and post-contract stages through to performance indicators, whole-life asset management and environmental, social and governance principles.

Procurement ensures the identification, sourcing, access and management of the external resources your organisation needs to fulfil its strategic objectives. In volatile global trading environments, it is not enough to know the theory. You need to confidently and effectively apply that knowledge to the benefit of your whole organisation, its stakeholders and customers, and this course focuses on that practical application.

Delivered by AcademyGlobal faculty who are experienced procurement practitioners and hold MCIPS or FCIPS qualifications, the course combines practical activities, group discussion and locally relevant examples drawn from the Australian and New Zealand procurement environment.

AcademyGlobal is Australia and New Zealand's first and only CIPS Centre of Excellence, recognising the quality of our CIPS teaching, learner support and study centre delivery.

Choose your learning pathway

Two pathways, depending on your goals.

Option 1: Short course

Build practical skills you can apply immediately in the workplace. Complete the course and receive an AcademyGlobal Certificate of Course Completion recognising your professional development. There is no requirement to become a CIPS member or sit an examination.

Option 2: Short course + CIPS exam

Build your skills and progress towards the CIPS Level 4 Diploma in Procurement and Supply. Complete the course and register for the official CIPS L4M8 exam. Pass the exam to earn 12 credits towards the CIPS Level 4 Diploma in Procurement and Supply.

What the course covers

  • Applying the stages of the procurement cycle to practical procurement and supply contexts
  • Applying the pre-contract stages (stages 1 to 8) of the CIPS Procurement Cycle
  • Applying the post-contract stages (stages 9 to 13) of the CIPS Procurement Cycle
  • Calculating and assessing performance indicators
  • Applying whole-life asset management principles across sectors and industries
  • Applying environmental, social and governance principles

What you will be able to do

By the end of the course, you will be able to:

  • Demonstrate the practical application of the procurement cycle in an integrated manner, within a workplace context
  • Apply the pre-contract stages (stages 1 to 8) and post-contract stages (stages 9 to 13) of the CIPS Procurement Cycle to the practical procurement and supply environment
  • Calculate and assess performance indicators
  • Apply whole-life asset management and environmental, social and governance principles in a range of sectors and industries

Course format

  • Duration: 1.5 days or 6 x 2-hour sessions
  • Delivery: in person or virtual, with practical activities and group discussion
  • CIPS module: L4M8 Procurement and Supply in Practice (https://www.cips.org/qualifications/diploma-in-procurement-supply/procurement-and-supply-in-practice)

Fees

  • Standalone short course: $875 incl. GST per participant
  • CIPS pathway: $1,095 incl. GST (includes one year CIPS student membership)
  • The CIPS exam fee is set by CIPS and paid separately (https://www.cips.org/membership/exam-member-fees)

Assessment

Option 1: Short course. This option is for participants who wish to complete the training without undertaking a CIPS exam or other formal assessment. On completion of the course, you will receive an AcademyGlobal Certificate of Course Completion, confirming your participation in and completion of the training. This option does not include assessment, a CIPS examination or credits towards a CIPS qualification.

Option 2: Short course and CIPS exam. After completing the course, you can sit the CIPS L4M8 Constructed Response (CR) exam during one of CIPS’ scheduled exam periods throughout the year (see the CIPS exam schedule (https://www.cips.org/students/exam-success/exam-schedules)). A pass gives you 12 credits towards the CIPS Level 4 Diploma in Procurement and Supply.

The L4M8 exam is a computer-based, three-hour Constructed Response examination. Rather than selecting answers from multiple-choice options, you are required to construct and type your own responses, using an essay-style or case-study approach to demonstrate your understanding and application of the module content. CIPS uses Constructed Response examinations across its Diploma-level qualifications.

CIPS offers remote invigilation, allowing you to sit the computer-based exam from a suitable location such as your home or office, provided you meet CIPS’ technical and examination-environment requirements. The examination is completed on CIPS’ computer-based examination platform and is supervised remotely by an online invigilator.

For a remotely invigilated examination, you will need an appropriate desktop or laptop computer, stable internet connection and a suitable private environment in which to complete the exam. CIPS provides instructions and technical checks to help candidates prepare for remote examination day.

The exam fee is set by CIPS and paid separately (see the CIPS exam fees (https://www.cips.org/membership/exam-member-fees)). AcademyGlobal will take care of your exam registration and provide administrative support throughout the process.

You must hold current CIPS membership to sit the examination. If you are not already a CIPS member, the CIPS exam pathway fee includes one year of CIPS student membership.