Try CIPS : L5M2 valid & accurate questions and answers

Last Updated: Oct 06, 2026

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CIPS L5M2 Practice Q&A's

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The L5M2 exam has a reputation for catching even experienced professionals off guard. Exams-boost prepares you with 117 practice questions that match the style and depth of the CIPS Managing Supply Chain Risk exam, refreshed for 2026.

CIPS L5M2 Exam Overview:

Certification Vendor:CIPS
Exam Name:Managing Supply Chain Risk
Exam Number:L5M2
Exam Format:Case study-based examination
Available Languages:English
Related Certifications:CIPS Level 5 Advanced Diploma in Procurement and Supply
Recommended Training:Pearson VUE exam guidance
CIPS official learning and study resources
Exam Registration:CIPS official certification page
Pearson VUE exam registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based examination delivered via Pearson VUE test centres and/or remote proctoring where available
Pre Condition:CIPS Level 4 Diploma in Procurement and Supply (or equivalent progression route)
Official Syllabus URL:https://www.cips.org

CIPS L5M2 Exam Syllabus Topics:

SectionObjectives
Risk mitigation strategies- Supplier diversification and resilience planning
- Risk avoidance, transfer, and reduction strategies
Understanding supply chain risk- Sources of risk in global supply chains
- Definition and nature of supply chain risk
Compliance and governance risks- Legal and regulatory compliance in supply chains
- Ethical and sustainability risks
Supply chain continuity and resilience- Crisis management and recovery
- Business continuity planning
Risk identification and assessment- Risk identification techniques
- Risk analysis and evaluation methods

CIPS L5M2 Exam: Frequently Asked Questions

The L5M2 exam is the official exam behind the CIPS Advanced Diploma in Procurement and Supply (Level 5) credential from CIPS. It sits at the Professional level of the CIPS certification track. It is also associated with CIPS Level 5 Advanced Diploma in Procurement and Supply. The Exams-boost practice questions on this page map to the same objectives, so you can measure your readiness before you book a seat.

CIPS Level 4 Diploma in Procurement and Supply (or equivalent progression route)

Requirements can change, so confirm the latest details on the official CIPS exam page before you register.

You can book the L5M2 exam through the following official channels:

The exam is delivered Computer-based examination delivered via Pearson VUE test centres and/or remote proctoring where available, so pick the option that suits you when booking.

CIPS points candidates to these official courses:

Once you have worked through the official material, wrap up your preparation with the 117 practice questions from Exams-boost to lock in what you have learned.

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The L5M2 syllabus is divided into 5 domains, including Risk mitigation strategies, Supply chain continuity and resilience, and Risk identification and assessment. The complete breakdown, with every domain and its subtopics, is listed in the Exam Topics section above — review it line by line and flag the areas where you feel weakest.

CIPS Managing Supply Chain Risk Sample Questions:

Question #1

Which of the following will you put into box 7?

  • A. insurance
  • B. monitor
  • C. dual sourcing
  • D. audit
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Neruda Incorporated is evaluating potential suppliers' financial standings as part of a tender. Which of the following companies is the most financially stable?

  • A. Company B has low liquidity, a high gearing ratio and increasing sales trends
  • B. Company A has a high gearing ratio, high liquidity and few fixed assets
  • C. Company D has high liquidity, low gearing and lots of fixed assets
  • D. Company C has low liquidity, low gearing and increasing sales trend
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Which of the following will you put into box 5?

  • A. service credits
  • B. Conformance Specification
  • C. Force Majeure
  • D. NDA
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Which of the following legal principles means that a person can only claim the value of a loss once, regardless of if they have multiple insurance policies?

  • A. contribution
  • B. insurable interest
  • C. subrogation
  • D. utmost good faith
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

Oliver is a procurement manager and he is trying to work out the likelihood that a supplier fails to deliver to the warehouse two days in a row. Which of the following methodologies should Oliver use?

  • A. value at risk
  • B. normal distribution
  • C. binomial distribution
  • D. Poisson Distribution
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).

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