Discuss CIPS L4M2 Exam Topic 1 Question 15

As the lead procurement manager, you have been asked to compile a business case for a large project. Which of the following should you include in the business case?

Costs and risks

List of large suppliers

Business benefits

Informal recommendation

A1 and 3 only

B2 and 4 only

C1 and 4 only

D2 and 3 only

Suggested Answer: C

The buying organisation is keen to encourage innovation so they should use the outcome or output based specification. In an outcome-based specification, umbrella statements like 'good quality', 'ambient temperature', 'convenient way' are often used. This may confuse the suppliers, and it's hard to check the solution that supplier offers. On the other hand, ouput-based specifications often include measurable requirements. For example, a specification for air conditioning system states that the system should maintain the room temperature at 19-24 degrees Celsius. Therefore, output specification is more appropriate in this case.

LO 3, AC 3.1

Get Premium L4M2 Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test

29 comments · newest first

Justine 12 months ago

Large suppliers aren't necessary for the business case.

Tiara 1 year ago

Totally agree with 1 and 3!

Alecia 1 year ago

Wait, why would you include an informal recommendation?

Telma 1 year ago

I think business benefits are crucial too.

Leota 1 year ago

Definitely need costs and risks in there!

Alonso 1 year ago

I recall that business cases should focus on justifying the project, so I lean towards including costs and benefits, which makes me think option A is correct.

Sherman 1 year ago

I’m a bit confused about the role of large suppliers in the business case. Do we really need to list them, or is that more for a different document?

Beckie 1 year ago

I think we practiced a similar question where business benefits were emphasized, so I feel like options 1 and 3 might be the right choice here.

Candra 1 year ago

I remember we discussed that a business case should definitely include costs and risks, but I'm not sure if informal recommendations are really necessary.

Alisha 1 year ago

Ugh, I'm a bit confused by this question. I'm not entirely sure what types of exceptions are being referred to. I'll try to eliminate the options that don't seem relevant and focus on the ones that seem more likely to be correct.

Ailene 1 year ago

Okay, let me see if I can break this down. The question is asking what we should create on the process completed trigger to ensure emails are sent. A workflow seems like the most logical choice, as it's a common way to automate actions in Dynamics 365. But I'll double-check the other options just to be sure.

Pamella 1 year ago

Hmm, this seems like a straightforward question about where parsers can be enabled. I'll need to think through the options carefully.

Theresia 2 years ago

Hey, you know what they say, 'the more suppliers, the merrier!' Or was that 'the more the merrier'? Either way, I'm definitely not picking that one.

Susy 1 year ago

↳ replying to Theresia

D) 2 and 3 only

Susana 1 year ago

↳ replying to Theresia

I agree, costs and risks along with business benefits are crucial in a business case.

Fatima 1 year ago

↳ replying to Theresia

A) 1 and 3 only

Cristal 2 years ago

Informal recommendation? What is this, a Yelp review for a procurement project? I'll take the 'costs and risks, business benefits' option, thanks very much.

Bernardine 2 years ago

Ah, the old 'costs and risks, business benefits' combo. Gotta love the classics. I wonder if the exam writers have a handbook of classic business case questions or if they just randomly generate them.

Tiffiny 1 year ago

↳ replying to Bernardine

C) 1 and 4 only

Timothy 1 year ago

↳ replying to Bernardine

A) 1 and 3 only

Geraldo 2 years ago

List of large suppliers and an informal recommendation? Really? That's like asking for a recipe and getting a grocery list. This question is clearly trying to trick us.

Christiane 2 years ago

Costs and risks, and business benefits? Duh, that's a no-brainer. I bet the procurement manager could write this business case with their eyes closed.

Mozell 1 year ago

↳ replying to Christiane

It's important to highlight both the potential costs and benefits to make a strong case for the project.

Patria 1 year ago

↳ replying to Christiane

I think the procurement manager will have no problem including those in the business case.

Belen 1 year ago

↳ replying to Christiane

Definitely, those are key factors to consider when presenting a project proposal.

Shay 2 years ago

↳ replying to Christiane

I agree, costs and risks along with business benefits are essential in a business case.

Carmen 2 years ago

I think we should go with option C, including costs, risks, and informal recommendation.

Fletcher 2 years ago

I agree with Viva, business benefits should also be included for a comprehensive case.

Viva 2 years ago

I think we should include costs and risks in the business case.

CIPS L4M2 Exam - Topic 1 Question 15 Discussion