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F1 Foundational Business and Project Skills (Cross-Cutting)

F1 — Financial and Cost Management for Procurement and Supply Chain Professionals

Level 1 (Professional Certificate) 4 contact days 6 CPD credits 60 NLH XAF 250,000

Qualification Purpose

To develop the financial and cost-analysis capability required for effective procurement and supply chain decision-making.

Occupational Profile

Officers required to apply cost and financial analysis to procurement/supply chain decisions.

Entry Requirements

Open access. No formal prerequisite. Basic literacy and numeracy, or relevant work exposure, is recommended but not required.

Target Learners

Procurement officers, supply chain officers, buyers preparing for Level 2/3 study.

Learning Outcomes

On successful completion, the learner will be able to:

  • Apply Total Cost of Ownership (TCO) analysis to a sourcing decision.
  • Prepare basic cost and budget estimates.
  • Apply should-cost modelling to a supplier quotation.
  • Interpret basic financial statements relevant to supplier evaluation.

Assessment & Workplace Learning Strategy

Minimum 80% attendance, plus an applied assignment or case study, assessed on a competency-based pass/fail basis by an AISCR-appointed assessor. Mandatory completion of a Portfolio of Evidence (PoE).

Note: Workplace learning requirements are governed as per Common Provisions, Section 1.3.

Progression & Professional Designation

Progression Pathways: Cross-cutting; recommended co-requisite for all Level 2 pathways; mandatory elective in all Level 3 Diplomas.

Professional Designation: Individual Level 1 certificates do not carry a standalone professional designation. A learner who completes three or more Level 1 certificates within a single occupational family becomes eligible for the AISCR Associate designation in that family.

Career Opportunities

Successful completion prepares candidates for roles such as: Procurement Officer, Cost Analyst, Buyer

Part of the AISCR Certified Associate Pathway

Completing 3 Level 1 certificates in this occupational family qualifies learners for official status as an AISCR Certified Associate.

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