procurement-planning
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DATE 06 Dec 2025
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notes
About This Document
Document Type: This is a Exam Paper, designed for Testing knowledge and exam technique.
Context: Standard material from the 2015 academic period.
Key Content: Likely covers essential definitions, theoretical concepts necessary for mastery of the subject.
Study Strategy: Attempt these questions under timed conditions to simulate a real exam environment, then check against your notes.
Recommendation: comprehensive resource for students aiming to achieve top grades in their final assessments.
Detailed Content Overview
Introduction
This notes resource titled "procurement-planning" provides comprehensive exam preparation materials designed to test and enhance your understanding. This resource is structured to facilitate effective learning and retention of important information.
Key Topics Covered
Learning Objectives
- Master key concepts required for examination success
- Practice answering exam-style questions effectively
- Develop time management skills for timed assessments
- Identify and address knowledge gaps in understanding
Detailed Summary
KISM AND KASNEB CERTIFIED PROCUREMENT AND SUPPLY PROFESSIONAL (CPSP) PART I PROCUREMENT PLANNING TUESDAY: 24 November 2015. Marks allocated to each question are shown at the end of the question. SECTION A QUESTION ONE As a procurement planning specialist you have been tasked with ensuring that all goods, works and services are budgeted for at current market prices. The results from bids for previous years contracts are as follows: Contract A B C D Plan costs (Sh. ) 12,000,000 9,500,000 49,950,000 100,000,000 Number of bidders 5 3 8 1 (ii) Explain the ratios in these contracts. c Calculate the plan ratios for contracts A to D. ch op (i) ke Required: (a) Given that the plan ratio is the contract award price divided by the plan cost: (b) Calculate the total budget variance for the four contracts. (3 marks) (c) Explain which of these contracts was planned better than the rest. (2 marks) (d) In contract D, give possible reasons for the large difference between plan cost and contract award price.
Study Tips & Recommendations
Time Management
Practice under timed conditions to improve speed and accuracy. Allocate specific time limits to each section.
Active Practice
Attempt all questions before checking answers. Review mistakes to understand where improvements are needed.
Mark Scheme Review
Study marking schemes carefully to understand how examiners award points and structure your answers accordingly.
Regular Review
Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.
Content Preview
KISM AND KASNEB CERTIFIED PROCUREMENT AND SUPPLY PROFESSIONAL (CPSP) PART I PROCUREMENT PLANNING TUESDAY: 24 November 2015. Time Allowed: 3 hours. Answer ALL questions. Marks allocated to each question are shown at the end of the question. SECTION A QUESTION ONE As a procurement planning specialist you have been tasked with ensuring that all goods, works and services are budgeted for at current market prices. The results from bids for previous years contracts are as follows: Contract A B C D Pla...
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