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The CIPS L4M7 exam tests your understanding of asset management throughout its entire lifecycle—from acquisition to disposal. It's a core module of the CIPS Level 4 Diploma in Procurement and Supply.
The L4M7 exam consists of 3 written, constructed-response questions, each carrying equal marks. You’ll need to answer all three in a two-hour exam session.
You’ll have 2 hours (120 minutes) to complete the L4M7 exam. Time management is key, as each question requires structured, detailed responses.
The exam fee for L4M7 varies by region. As of 2025, the standard fee is around £89 (GBP) for CIPS members. Additional fees may apply depending on your center or online proctoring provider.
Yes, you can take the L4M7 exam either online with remote proctoring or at a registered CIPS exam center. CIPS provides flexible options to suit global learners.
Key topics include:
CIPS uses a graded scale:
TESTED 13 Sep 2025
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