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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Matthew

12 days ago

Price only? Come on, Sherrell, this isn't the 80s anymore. You gotta think about the long-term picture here. Whole life costs are where it's at, and don't forget about availability - can't have the hospital running out of X-rays, that'd be like trying to diagnose a broken bone with a divining rod.

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Julio

3 days ago

A) Price only

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Bettina

23 days ago

Equity, huh? I mean, sure, it's important to be fair and all, but in this case, I'd say the priority should be on getting the best technology for the job. Whole life costs are key, and you gotta make sure those X-ray machines are gonna be available when the hospital needs 'em.

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Candida

8 days ago

Yeah, we need to make sure the machines are reliable in the long run.

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Clare

11 days ago

I think whole life costs are crucial here.

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Shantay

25 days ago

Equity should be considered to ensure fairness in the procurement process.

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Luisa

25 days ago

Ah, the old 'value for money' conundrum. Well, Sherrell, I'd say you better consider the whole life costs - don't want those X-ray machines to break down after a year, you know? And don't forget about availability, can't have the hospital running out of X-rays, that'd be a real pain in the... well, you know.

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Lamar

1 months ago

I think availability is also important for the hospital's needs.

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Peggie

1 months ago

Jenny should consider whole life costs to ensure value for money.

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Sherrell

1 months ago

This is a tricky one! I know the public sector is all about value for money, but we can't just focus on the price tag. Gotta consider the whole life costs and make sure we get the best bang for our buck.

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Hailey

22 days ago

D) Availability

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Gail

24 days ago

C) Whole life costs

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Dick

26 days ago

A) Price only

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