CIPS L5M2 Exam Topics
CIPS L5M2 Exam Overview :
| Exam Name: | Managing Supply Chain Risk |
| Exam Code: | L5M2 |
| Certifications: | CIPS Level 5 Advanced Diploma in Procurement and Supply Certification |
| See Expected Questions: | CIPS L5M2 Expected Questions in Actual Exam |
CIPS L5M2 Exam Objectives :
| Section | Objectives |
|---|---|
| Managing Teams and Individuals | This portion examines various management philosophies and the rationale behind different approaches to self-management, as well as the management of individuals and teams within organizational structures. |
| Managing Supply Chain Risk | This segment explores diverse methodologies and strategies for assessing risk levels in supply chains. It also covers recommending and implementing approaches to avoid, mitigate, or manage these risks. |
| Managing Contractual Risk | This area evaluates legal and procedural aspects related to contract formation and the legal consequences of non-compliance. Candidates are assessed on their understanding of the implications of contract breaches. |
| Advanced Contract and Financial Management | This section focuses on creating measures to ensure and enhance contract performance. It also examines the concept and application of strategic sourcing. |
| Managing Ethical Procurement and Supply | This portion explains the effects of and efforts to improve sustainability. It also covers managerial strategies to promote ethical practices in procurement and supply processes. |
| Official Information | https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/managing-supply-chain-risk |
Updates in the CIPS L5M2 Exam Topics:
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