CIPS Exam L4M6 Topic 8 Question 55 Discussion

Actual exam question for CIPS's L4M6 exam

Question #: 55
Topic #: 8

Jenny is a procurement manager who works in the public sector. She has been charged with organising a tender to source new Xray machines for a hospital and to ensure that they receive 'value for money'. Which of the following should Jenny consider when drafting her ITT?

APrice only

BEquity

CWhole life costs

DAvailability

Show Suggested Answer

Suggested Answer: C

Jenny should consider whole life costing. Ensuring value for money means considering a combination of price and quality throughout the lifetime of the product. See p.65 for more on 'Achieving Value for Money'

by Flo at Nov 19, 2024, 08:21 AM

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