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(Solution) CIPS Assessment 1 PDV- Managing Expenditures with Suppliers
- In this assessment, by selecting a category of spend, the importance to organisation stakeholders has been provided.
- The organisation of focus is Royal Commission for AlUla (RCU). Also, by carrying out brief market analysis, an explanation of the extent in which procurement function offer value for money outcomes has been produced.
- The selected category of spend in RCU is the Information Technology (IT) and cybersecurity. In particular, the IT infrastructure and equipment sub-category of spend has been prioritised for evaluation.
- In order to achieve this assessment objectives, appropriate purchasing models have been selected for application.
- These included Mendelow Matrix Analysis, Porter’s 5 Forces, STEEPLE, SWOT analysis and more.