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PSM 411 Public Procurement

HND2 levelManagement & Administration18 topics

PSM 411 covers 18 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Public procurement concept and objectives
  2. Public vs private sector procurement
  3. Scope of public procurement
  4. Public procurement policy and procedures
  5. Value and scope of public procurement
  6. Key decision makers and public procurement institutions
  7. Government procurement policy and initiatives
  8. Financial accountability cycle
  9. Audit in public procurement
  10. Public Procurement Act 2007
  11. Government accounting cycle and procurement
  12. Multi-year and complex public contracts
  13. End-of-year spending issues
  14. Risk-taking and innovation in public procurement
  15. Disposal of public assets
  16. Administrative review and investigation
  17. Code of conduct for public procurement
  18. Offences and penalties under procurement law

A sample from this course

One topic, as StudyPath teaches it.

Public procurement concept and objectives

Public procurement is the systematic acquisition of goods, services, and works by government entities. Mastering its concept and objectives is essential because it underpins transparency, value for money, and accountability in public spending, all of which are core assessment themes in the NUC CCMAS, NBTE, and NCCE exams.

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