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CIPS Exam L4M8 Topic 8 Question 27 Discussion

Actual exam question for CIPS's L4M8 exam
Question #: 27
Topic #: 8
[All L4M8 Questions]

Which four procurement cycle stages happen after the award of the contract?

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Suggested Answer: A

Contribute your Thoughts:

Keith
1 months ago
SRM/SCM and contract management? That's the juicy stuff, if you ask me. Gotta keep those suppliers in check!
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Larae
5 days ago
It's important to continuously improve and review contract performance for better outcomes.
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Lashawnda
9 days ago
Absolutely, contract management is key to ensuring all parties fulfill their obligations.
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Patrick
17 days ago
Yes, SRM/SCM is crucial for maintaining good relationships with suppliers.
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Floyd
2 months ago
Thirteen stages, huh? Sounds like a procurement cycle to end all procurement cycles. I hope they have a stage for coffee breaks!
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Eun
9 days ago
I bet the coffee breaks are included in the 'Contract performance review and continuous improvement' stage!
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Bobbie
10 days ago
I wonder if they have a stage for quality control in there.
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Quinn
12 days ago
I know, thirteen stages seems like a lot to keep track of.
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Alberto
2 months ago
Contract performance review and continuous improvement - that's an important one. Gotta make sure the contract's being executed properly.
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Krystal
2 months ago
Wow, 13 stages in the procurement cycle? That's a lot to keep track of. I better brush up on my supply chain management knowledge.
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Kristian
14 days ago
Yes, it's a complex process but important for efficient sourcing and supplying.
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Armanda
16 days ago
I didn't realize there were so many stages involved, it's definitely important to understand each one.
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Sage
24 days ago
I agree, staying organized and following each stage is key to successful procurement.
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Quentin
29 days ago
It can be overwhelming, but each stage plays a crucial role in the procurement process.
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Brunilda
2 months ago
Stage 13 for asset management and lessons learned is also important for future projects.
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Pa
2 months ago
I agree, especially stage 11 for contract performance review and continuous improvement.
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Curt
2 months ago
I think the stages after the award of the contract are crucial for successful procurement.
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