Advanced Contract and Financial Management - L5M4
Purpose: On completion of this module, learners will be able to develop measures to ensure and improve contract performance as they assess the concept and use of strategic sourcing and also consider financial aspects that may impact procurement and supply activity.
Aim: In any organisation, a significant element of the procurement and supply function is based around the contracting process. Those involved in the formulation and management of contracts with external suppliers must therefore have a clear understanding of the strategic nature of contractual performance measures in procurement and supply. Financial management refers to the efficient and effective management of money (funds) to accomplish organisational objectives. This module is designed for those working in the procurement and supply field, with responsibility for contracting elements of the procurement and supply function who must also have a strategic awareness of the impact of financial aspects of their discipline.
Summer Cohort 2020 To be announced Winter Cohort 2020 To be announced
You can appear for the L5M4 examination on one of the following dates. Please contact the Certifications Manager to book your examination. Candidates need to pay for the Examination Fee and Centre Fee.
About L5M4 Exam
Our CIPS, UK Approved Faculties can deliver Advanced Contract and Financial Management – L5M4
L5M1 - Managing Teams and Individuals L5M2 - Managing Supply Chain Risk L5M3 - Managing Contractual Risk L5M4 - You are on this page L5M5 - Managing Ethical Procurement and Supply L5M6 - Category Management L5M7 - Achieving Competitive Advantage Through the Supply Chain L5M8 - Project and Change Management L5M9 - Operations Management L5M10 - Logistics Management L5M15 - Advanced Negotiation