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  1. Home
  2. CIPS Certification
  3. L3M2 Exam
  4. CIPS.L3M2.v2024-08-10.q33 Dumps
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Question 26

Thinking of Carter's 10 C's, the 'c' for Commitment refers to:

Correct Answer: C
Commitment to Quality.
You will need to know the 10 C's for various exams at Advanced Certificate, CIPS Diploma, and possibly beyond...
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Question 27

The main difference between value engineering and XXXXX XXXXX is that whereas value engineering is applied to new product design at the pre-manufacturing stage, XXXXX XXXXX is applied to established products that are already being manufactured and sold in the market.

Correct Answer: C
Value analysis.
This is simply a distinction between VA and VE.
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Question 28

Value can be added through XXXX reduction or by making a process more efficient or more effective'

Correct Answer: C
This is a reference to cost reduction - something which procurement is often tasked with as an activ-ity.
This question is pretty straightforward - we wouldn't normally seek cash, profit or value reductions. However, there is something a little bit counter-intuitive: adding or creating something by making a reduction... Perhaps 'less is more'.
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Question 29

Which of the following is not a concept related to quality management?

Correct Answer: D
SPQR is a symbol of the Roman Empire, not a quality management concept.
Failure Mode and Effects Analysis, Total Quality Management and Statistical Process Control are all concepts which relate to quality management.
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Question 30

The time between recognition / origin of the need; through to usage or consumption is described as:

Correct Answer: D
True lead time.
You may wish to argue regarding the question of consumption, but my textbook tells me this is how it is. A true lead time could also be from recognition of the need through to delivery into the user's hands, I would suggest. For example, are we to say that a requirement for a fire extinguisher is un-fulfilled as it hangs on a hook next to the requisitioner for three years?
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