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CIPS Managing Supply Chain Risk : L5M2

L5M2

Exam Code: L5M2

Exam Name: Managing Supply Chain Risk

Updated: May 30, 2026

Q & A: 117 Questions and Answers

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CIPS L5M2 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Managing Supply Chain Risk: This section covers a variety of tools and techniques to establish the level of risk in supply chains and to recommend and apply ways of avoiding, mitigating, or managing risk.
Topic 2
  • Managing Contractual Risk: This section evaluates the legal and process issues relating to the formation of contracts and the legal implications of contractual non-conformance. Candidates are tested for the impacts of breach of contract.
Topic 3
  • Managing Ethical Procurement and Supply: This section explains the impact of and initiatives to improve, sustainability and the managerial approaches to promote ethical practices in procurement and supply.
Topic 4
  • Managing Teams and Individuals: This section covers how to evaluate the different schools of thought and the reasoning behind the variety of approaches to the management of themselves, individuals, and groups or teams within organizations.
Topic 5
  • Advanced Contract and Financial Management: This section deals with developing measures to ensure and improve contract performance as they assess the concept and use of strategic sourcing.

Reference: https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/managing-supply-chain-risk

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L5M2 Related Exams
L5M8 - Project and Change Management
L5M4 - Advanced Contract & Financial Management
L5M5 - Managing Ethical Procurement and Supply (L5M5)
L5M3 - Managing Contractual Risk
L5M9 - Operations Management
Related Certifications
CIPS Level 6 Professional Diploma
CIPS Certifications
CIPS Level 4 Diploma in Procurement and Supply
CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Level 4 Diploma in Procurement and Supply
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