CIPS L5M2 Exam Dumps

Get All Managing Supply Chain Risk Exam Questions with Validated Answers

L5M2 Pack
Vendor: CIPS
Exam Code: L5M2
Exam Name: Managing Supply Chain Risk
Exam Questions: 120
Last Updated: June 26, 2026
Related Certifications: Level 5 Advanced Diploma in Procurement and Supply
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Free CIPS L5M2 Exam Actual Questions

Question No. 1

Which of the following will you put into box 2?

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Correct Answer: B

The correct answers are as follows:


Question No. 2

What is ISO28000?

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Correct Answer: B

ISO 28000 is Supply Chain Security Management. This is a known topic for the exam. Learn more about ISOs on p. 141


Question No. 3

There are three main areas where third party suppliers are used in risk management. What are they?

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Correct Answer: C, D, E

3 4 and 5 are the correct answers. This is from p. 79 of the textbook - each of these three areas is then covered in detail throughout chapter 2.2.


Question No. 4

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?

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Correct Answer: C

This could be for cultural reasons within the company. P. 135 states that sometimes causes of risk are not recorded as this could lead to a blame culture within the company.


Question No. 5

Which of the following risks is associated with sourcing from low-cost countries? Select TWO:

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Correct Answer: B, C

The correct answers are reputational risks and geopolitical risks. This is according to p. 77 of the study guide. Although I personally feel this is a bit presumptive, painting all 'low-cost' countries with the same brush (are all 'low-cost countries' politically unstable and allow dodgy things that will affect your reputation?, this is what the textbook says ...


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