PSM 111 covers 27 topics. StudyPath paces them into daily study
sessions that finish before your exam date, with practice questions and worked
answers for each one.
Roles and responsibilities of procurement personnel
Place of procurement in business functions
Role of procurement in an organisation
Relationship of procurement with other functions
Procurement concepts and functions
Procurement types and objectives
Procurement, buying and purchasing distinctions
Procurement and supply chain management
Procurement relationships with other functions
Materials management concept
Logistics and physical distribution
Supply market structures
Sourcing procedures and policies
Supplier selection and evaluation
Quality management in procurement
Spend management and pricing
Payment methods and procedures
Materials and procurement planning
Roles of procurement personnel
Methods of specification
Economic order quantity
Stock levels control
Supplier rating and selection
A sample from this course
One topic, as StudyPath teaches it.
Evolution of procurement
The evolution of procurement traces the shift from informal, ad‑hoc purchasing to sophisticated, technology‑driven sourcing strategies. Mastering this progression helps students recognise why modern procurement emphasises value, risk management and digital integration, key themes in the NUC CCMAS, NBTE and NCCE exams.
What you get for PSM 111
Every topic above, split into sessions and dated against your exam.
Practice questions per session, with answers that explain themselves.
Offline reading — the whole course is a few hundred KB on your phone.
An AI tutor that answers questions using this course's own material.