Learn with CIPS : L5M2 training material for 100% pass
Last Updated: Oct 09, 2026
No. of Questions: 117 Questions & Answers with Testing Engine
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CIPS L5M2 Practice Q&A's
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CIPS L5M2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk mitigation strategies | - Supplier diversification and resilience planning - Risk avoidance, transfer, and reduction strategies |
| Compliance and governance risks | - Ethical and sustainability risks - Legal and regulatory compliance in supply chains |
| Risk identification and assessment | - Risk analysis and evaluation methods - Risk identification techniques |
| Supply chain continuity and resilience | - Business continuity planning - Crisis management and recovery |
| Understanding supply chain risk | - Definition and nature of supply chain risk - Sources of risk in global supply chains |
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This package includes 117 practice questions for the CIPS Managing Supply Chain Risk exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
You can register for the CIPS Managing Supply Chain Risk exam through the official channels:
CIPS Level 4 Diploma in Procurement and Supply (or equivalent progression route)
You can confirm the current eligibility requirements on the official L5M2 exam page before you register.
The CIPS Managing Supply Chain Risk practice questions are organized around the official exam objectives. Key topics include:
- Risk identification and assessment ()
- Understanding supply chain risk ()
- Supply chain continuity and resilience ()
Your practice results against these topics show you exactly where to spend your next session.
CIPS Managing Supply Chain Risk Sample Questions:
Controlling a risk through the development of actions that can minimise the impact the organisation will suffer as a result of the risk event is known as what control?
- A. transfer
- B. tolerate
- C. treat
- D. terminate
Correct Answer: C 🗳️
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An indemnity clause should contain which of the following pieces of information 1) duties of both parties 2) a monetary limit 3) insurance levels 4) details of the breach 5) a time limit
- A. 2,4,5
- B. 3,4,5
- C. 1,2,5
- D. 1,3,4
Correct Answer: C 🗳️
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Which of the following will you put into box 7?
- A. dual sourcing
- B. insurance
- C. audit
- D. monitor
Correct Answer: B 🗳️
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Which of the following will you put into box 5?
- A. CSR Policy
- B. Force Majeure
- C. Standardise Payment Terms
- D. Quote in Buyer's Currency
Correct Answer: A 🗳️
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A black swan event is what type of occurrence?
- A. an occurrence with a good outcome
- B. a common occurrence
- C. an unusual occurrence
- D. an occurrence with a negative outcome
Correct Answer: C 🗳️
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