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ISM CPSMB Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Leadership and Transformation | 30% | - Organizational Leadership - Stakeholder Engagement - Risk & Compliance - Corporate Social Responsibility - Technology & Systems - Strategy Development |
| Topic 2: Supply Management Integration | 35% | - Project Management - Product & Service Development - Logistics & Materials Management - Quality Management - Demand & Forecasting Planning - Supply Chain Strategy |
| Topic 3: Supply Management Core | 35% | - Sourcing - Legal & Contractual Aspects - Financial Analysis - Supplier Relationship Management - Cost & Price Analysis - Negotiation - Category Management |
ISM CPSM Bridge Sample Questions:
Which of the following is not a part of the Strengths, Weaknesses, Opportunities, and Threats risk assessment technique?
- A. Identify a lack of specific capabilities and skills the organization cannot adequately perform.
- B. Identification of costs which are prohibitive.
- C. Value adding initiatives that are available to and could be undertaken by the organization.
- D. Identify risks and potentially unfavorable conditions in the organization of the external environment.
Correct Answer: B 🗳️
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The common measures of forecast accuracy include standard error rates, mean squared error, and what?
- A. The standard deviation of the error.
- B. The total percentage error.
- C. The mass percentage error.
- D. The mean percentage error.
Correct Answer: D 🗳️
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Which trait of the supply management professional would BEST improve their chances of effecting change in the organization?
- A. Forcefulness
- B. Influence
- C. Leverage
- D. Ambiguity
Correct Answer: B 🗳️
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Several key statistics are used to evaluate the accuracy of a prediction using regression analysis. Which type of regression analysis descriptor BEST fits Standard Error?
- A. Test for the accuracy of the regression equation. It represents the significance level at which the user would reject the regression as inaccurate.
- B. Measures the standard deviation of variation of the observed value from the predictive value and determines error.
- C. Compares the estimated and actual values of the Y dependent variable ranging from a value of 0 to 1.
- D. Represents a decreasing index of the reliability of the calculated result. It proves the 95% confidence level.
Correct Answer: B 🗳️
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In this type of excess inventory market place the seller takes possession of the items and a commission for the sales in which they are not concerned of the selling amount because they base their fees on a percentage of the price what?
- A. Dealer supply management material.
- B. Third-party specialist supply management material.
- C. Broker supply management material.
- D. Local vendor supply management material.
Correct Answer: A 🗳️
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