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L6M2 External Report

This document provides a summary of exam performance for different learning outcomes covered in a professional diploma in procurement and supply qualification. It outlines that questions on commercial global strategy, global supply chains, strategic options formulation and financial aspects of procurement were answered variably with some students demonstrating a strong understanding and application of concepts while others showed gaps.
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100% found this document useful (1 vote)
238 views1 page

L6M2 External Report

This document provides a summary of exam performance for different learning outcomes covered in a professional diploma in procurement and supply qualification. It outlines that questions on commercial global strategy, global supply chains, strategic options formulation and financial aspects of procurement were answered variably with some students demonstrating a strong understanding and application of concepts while others showed gaps.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CIPS Principal Marker (External) Report:

Qualification: Professional diploma in procurement and supply


Module: L6M2
Exam series: January 2020
Date of completion: 24th Feb 2020

These reports are designed to help tutors and learners understand the common trends presented by both
strong and weaker answers in relation to the module for the given exam series.
Learning Outcome 1
This question addressed learning outcome 1: Understand and apply the concept of commercial global
strategy in organisations. This question focused on the two different levels of management within an
organisation and the decision making at each level. Overall this was not a well answered question with many
answers focusing on one element to the determent of the other element. Some answers were very generic
and did not cover the decisions made others just concentrated on the use of strategic models for example
STEEPLE and Five Forces. There were some good answers that covered both levels often with reference to
published theory and relevant examples.
Learning Outcome 2
This question addressed learning outcome 2: Understand and apply tools and techniques to address the
challenges of global supply chains. This question focussed on employment practices in supply chains. Most
candidates explained the required amount of different regulations/laws/rules. However, many candidates did
not really describe how the relevant areas impacted and many answers only provided a brief discussion on
preventing issues occurring within their supply chains.
Learning Outcome 3
This question addressed learning outcome 3: Understand strategy formulation and implementation.
This question was based strategic options. Many answers described a process that could be used to evaluate
strategic options without really applying the techniques to the case provided. This resulted in many answers
provided being brief and the lacking the level of explanation required for the higher marks. Good answers
demonstrated a good understanding and applied them to the scenario. Some answers missed the point of the
question and explained the rational model in detail especially the stages that would lead to the generation of
options and not much on evaluation.
Learning Outcome 4
This question addressed learning outcome 4: Understand financial aspects that affect procurement and
supply. This question focused on project funding and investment. Some answers covered the question well
and mentioned some tools of investment appraisal that could be applied to the project for example IRR and
NPV. However, these answers were in the minority perhaps indicating a knowledge gap on project funding. In
terms of the investment most answers included share/ debentures/ bonds/ debentures. Better answers
considered the advantages and disadvantages of each funding method and related these specifically to
funding projects.

L6M2_PM EXTERNAL REPORT Jan 2020

Leading global excellence in procurement and supply

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