CIPS L5M2 : Managing Supply Chain Risk

Exam Code: L5M2

Exam Name: Managing Supply Chain Risk

Updated: Oct 06, 2026

Q & A: 117 Questions and Answers

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About CIPS L5M2 Exam

CIPS L5M2 Exam Syllabus Topics:

Topic	Details
Topic 1	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 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 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 4	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.
Topic 5	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.

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

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