CIPS L4M7

Exam Code: L4M7

Exam Name: CIPS Whole Life Asset Management

Updated: Jul 07, 2026

Q&A Number: 297 Q&As

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CIPS L4M7 Exam Syllabus Topics:

Topic	Details
Topic 1	Ensure senior management support Use best estimates of values available Identify the contributing elements to end-of-life costs
Topic 2	Understand the key elements of effective inventory control Factors that influence stores and warehouse layout
Topic 3	Contrast the impact of the use of different warehousing equipment Understand methods for the storage and movement of inventory
Topic 4	Discuss options to reduce costs whilst mitigating any negative impact on service levels Location of stores and warehouses
Topic 5	Identify the principles, purpose and impact of stores and warehouse design Identify the direct and indirect costs of holding inventory
Topic 6	The use of automation in warehousing Palletisation and unit loads

Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/whole-life-asset-management

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