CIPS L5M2 Managing Supply Chain Risk (updated 2026)

About this course

The practice test was written by the Procurement Study Buddy and contains carefully crafted questions and answers based on the content of the study guide - these are not actual passed questions from real CIPS exams as these are no longer issued by CIPS and would be an infringement of copyright. It serves as a revision only and not intended to be an exact replica of the live exams but it will at least highlight which learning outcomes you are strong on and which ones you may need to revised more on. Who this course is for:Who this course is for:Learners who are taking the CIPS Exams for L5M2 Managing Supply Chain Risk (2024 Syllabus).Learners who wish to pass the CIPS exams.Learners who want to gain confidence in passing the examsAnyone who wants to know more about procurementOn completion of this module, learners will be able to evaluate 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.Managing risks is key to any organisation’s strategy. It involves identifying, documenting, and dealing with potential risks relating to its operations. This helps the organisation to run effectively and efficiently, especially since supply chains can be complex therefore susceptible to risks. ESG (Environmental, Social, and Governance) considerations contribute to supply chain risk, so are important to understand in the context of managing supply chain risk. This module is designed to help learners examine the nature and sources of supply chain risk and identify and implement appropriate risk management and mitigation techniques. Learners will undertake risk analysis, consider the advantages of a risk register, and apply a range of risk management tools and techniques appropriate to typical supply chain issues.Than

Course objectives

• to prepare learners for the CIPS L5M2 exam
• to enhance knowledge in procurement and supply chain management