Important CIPS L5M2 Exam Questions

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CIPS Managing Supply Chain Risk L5M2 Exam

Attempt the Level 5 Advanced Diploma in Procurement and Supply practice test and solve real exam-like L5M2 questions to prepare efficiently and increase your chances of success. Our CIPS L5M2 practice questions match the actual Managing Supply Chain Risk exam format, helping you enhance confidence and improve performance. With our L5M2 practice exam software, you can analyze your performance, identify weak areas, and work on them effectively to boost your final Level 5 Advanced Diploma in Procurement and Supply exam score.

Vendor: CIPS
Exam Name: Managing Supply Chain Risk
Registration Code: L5M2
Related Certification: CIPS Level 5 Advanced Diploma in Procurement and Supply Certification
Exam Audience:

Total Questions

120

Last Updated

29-08-2026

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Question: 1

In an emergency situation, put the following phases into chronological order as to when they would be activated 1) disaster recover plan 2) incident response 3) business continuity plan

Question: 2

Petra Ltd is a manufacturer of upmarket baked goods and they have a range which is gluten free and therefore suitable for customers who have an intolerance of wheat. For this reason Petra Ltd is very strict about the ingredients that it sources. It's main supplier has provided written agreement that they will test all ingredients in their processing factory to ensure that they are suitable for the gluten free diet before delivery is made, and once delivery is made the materials will be deemed accepted by the buyer. Is Petra right to accept this arrangement?

Question: 3

Which of the following stages would come first within a risk assessment?

Question: 4

Risk should be a 'golden thread' that links all of the organisation's strategies, communications, policies and training. The LILAC model describes how a risk-aware culture can be created. Which of the following form part of the LILAC model?

Question: 5

Which of the following are factors which can lead to a supplier becoming insolvent? Select THREE

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