Free CIPS L5M2 Exam Practice Questions
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Online Engine

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Question No 1
Which of the following statements are true about risk management? Select TWO.
Question No 2
A company with a large risk appetite would do which of the following?
Question No 3
Chloe is a procurement manager at Ruby Company. She has been asked to join a cross - functional team to review the company's risk appetite, potential risks within the supply chain and brainstorm mitigating actions. Chloe has suggested that the cross - functional team should first draw up a list of potential supply chain risks and potential strategies to overcome the risks. Is Chloe correct?
Question No 4
John is a mid - level manager and has created a risk / reward matrix about four potential opportunities at his company White Ducky Limited. He will present his research to a board meeting next week. He has categorised the four opportunities as the following. Which of these opportunities should John recommend the board 'consider'? Select TWO.
Question No 5
Company DDD has recently seen a drop in share price and has high levels of Work - in - Progress (WIP) due to late supplier deliveries. Which of the following is the type of risk the business facing?
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Total 120 Questions
About This L5M2 Question Bank
This page has 120 free practice questions for the CIPS L5M2 (Managing Supply Chain Risk) exam, last refreshed on 7th Aug 2026. Answer each question, then reveal the correct choice to check your understanding before deciding whether to unlock the full question bank.
The demo above is a sample of the complete L5M2 question set. The full bank includes the PDF, downloadable practice test, and online exam-engine formats listed above, with free updates included for the duration you choose.
Frequently Asked Questions
How many free L5M2 questions can I try here?
This demo includes a sample from our 120-question L5M2 bank so you can check the format and difficulty before purchasing.
Are these L5M2 questions updated?
Yes, the CIPS L5M2 question bank is reviewed and refreshed periodically to reflect current exam objectives.
What formats are available for the full L5M2 question bank?
PDF download, an online practice-test engine, and a combined bundle pack with 3, 6, or 12-month free updates.
Is there a refund if I don't pass?
Yes, purchases include a money-back guarantee — see our refund policy for details.