Exam Name: Managing Supply Chain Risk
Certification Provider: CIPS
Corresponding Certification: CIPS Level 5 Advanced Diploma in Procurement and Supply
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Instant Download CIPS : L5M2 Questions & Answers
Check Updated on: Oct 18, 2026
No. of Questions: 117 Questions & Answers with Exam Engine
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- Total Questions: 117
- Updated on: Oct 18, 2026
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- Total Questions: 117
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- Total Questions: 117
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Choosing study material is really a question of trust. With 117 verified practice questions, ongoing refinement, and 24/7 support, the CIPS Managing Supply Chain Risk package on TestKingsIT gives L5M2 candidates a straightforward, low-risk way to prepare.
CIPS L5M2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Understand risk mitigation strategies in supply chains | 34% | - Supplier risk management and evaluation - Supply chain resilience and continuity planning - Risk avoidance, reduction, transfer, and acceptance - Legal, ethical and compliance considerations |
| Topic 2: Understand processes in managing risk in supply chains | 33% | - Risk management frameworks (ISO 31000) - Risk identification and mapping techniques - Risk analysis and assessment tools - Risk registers and reporting |
| Topic 3: Understand the nature of risk affecting supply chains | 33% | - Sources and drivers of supply chain risk - Impact of risk on organizational objectives - Definitions and categories of risk - Global and environmental risk factors |
Answers to Common CIPS Managing Supply Chain Risk Questions
The L5M2 exam contains 60 questions to be answered within 90 minutes minutes. Rehearsing with a timer on TestKingsIT trains you to pace each question instead of rushing at the end.
Completion of CIPS Level 4 Diploma in Procurement and Supply or equivalent experience
The CIPS Managing Supply Chain Risk material is developed by a dedicated research team whose members bring rich hands-on IT experience, including past work for international IT corporations. That background shapes both the questions and the way they are organized for study.
Each CIPS Managing Supply Chain Risk question is drawn from a large body of technical knowledge and analyzed before it enters the bank. Questions that are no longer relevant to the current exam are removed, while new material is added as the exam evolves, so the set you study stays lean and current.
- Understand processes in managing risk in supply chains (33%)
- Understand risk mitigation strategies in supply chains (34%)
- Understand the nature of risk affecting supply chains (33%)
Begin with the topics where your confidence is lowest, then confirm the rest.
The passing score for L5M2 is 50%, and the official exam fee is Varies by region; approx £130–£180 / $160–$220 USD. Fixing these numbers in mind helps you plan both your study target and your budget.
The package includes 117 practice questions for the L5M2 exam, covering the current CIPS Managing Supply Chain Risk objectives with verified answers.
CIPS Official Study Materials: Visit official page
Official CIPS Registration: register for L5M2
CIPS Managing Supply Chain Risk Sample Questions:
Which of the following statements about normal distribution are correct? Select TWO
- A. it is shaped like a bell curve
- B. it is represented pictorially as a curve
- C. most of the data points correlate around the beginning
- D. it is the most common type of distribution pattern
- E. there's a small number of data points required to produce
Correct Answer: A,D 🗳️
Explanation: Only visible for TestKingsIT members. You can sign-up / login (it's free).
When would a company use the Stakeholder Salience Model?
- A. to inform stakeholders of potential risks
- B. as part of a disaster recovery plan
- C. to engage stakeholders in the development of risk assessments
- D. to show stakeholders how the company will mitigate risks
Correct Answer: C 🗳️
Explanation: Only visible for TestKingsIT members. You can sign-up / login (it's free).
Which of the following risks would likely be tolerated by a company?
- A. no risks should be tolerated
- B. opportunities which are low risk and low impact
- C. opportunities which are low risk and high impact
- D. opportunities which are high risk and low impact
Correct Answer: B 🗳️
Explanation: Only visible for TestKingsIT members. You can sign-up / login (it's free).
Yusef is a new procurement manager at FRD Incorporated. He is looking through the Risk Assessments for his department and notices that the cause of the risk is not identified. Why might this be?
- A. the organisation has not recorded cause for cultural reasons
- B. the organisation has completed the risk assessments incorrectly
- C. the organisation has a high risk appetite
- D. this is a mistake - all risk assessments should specify the cause of the risk. He should raise this with his manager
Correct Answer: A 🗳️
Explanation: Only visible for TestKingsIT members. You can sign-up / login (it's free).
Which of the following will you put into box 8?
- A. insurance
- B. audit
- C. dual sourcing
- D. monitor
Correct Answer: B 🗳️
Explanation: Only visible for TestKingsIT members. You can sign-up / login (it's free).
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