L5M2 - Study Material - Managing Supply Chain Risk

CIPS L5M2 is an exam on the Chartered Institute of Procurement and Supply (CIPS) Level 5 Advanced Diploma in Procurement and Supply.

The CIPS Level 5 Diploma in Procurement and Supply has a total of 8 modules, each of which has an exam. The duration of each exam is 2 hours.

There is no single answer to this question as the number of questions in a CIPS Level 5 Module 2 exam can vary. The number of questions may depend on the specific module chosen and the exam format used.

The International Certified Professional (ICP) qualification is an internationally recognised professional qualification that is awarded by the Chartered Institute of Professional Services (CIPS). The passing score for CIPS L5M2 is 70%. This means you must achieve 70% or higher in order to pass the exam.

The CIPS Level 5 module 2 exam requires a competency level of Professional.

The CIPS Level 5 Module 2 exam consists of multiple-choice questions.

The CIPS Level 5 Module 2 exam can be taken either online or in a testing center. The online version of the exam is administered through the CIPS Online Assessment System (COAS). The exam can also be taken in a physical testing center, which is administered by Pearson VUE.

The CIPS L5M2 exam is offered in English.

The cost of the CIPS Level 5 Module 2 exam is £145.

The target audience for the CIPS L5M2 Exam is those who wish to become a professional procurement and supply manager in the UK. The exam is designed to assess the knowledge and skills of candidates in the areas of procurement and supply management, including contract and supplier management, risk management, and sustainability.

The average salary for a CIPS L5M2 certified professional varies greatly depending on the industry, location and experience of the individual. Generally speaking, CIPS L5M2 certified professionals can expect to earn an average salary of around $50,000 to $70,000 per year.

The Chartered Institute of Procurement & Supply (CIPS) is responsible for providing the CIPS Level 5 Diploma in Procurement and Supply (L5M2) exam. The exam is administered by Pearson VUE, a global leader in computer-based testing. Pearson VUE provides a secure testing environment and offers testing centers around the world.

The recommended experience for the CIPS L5M2 exam is to have at least five years of experience in a professional procurement role. Candidates should have a good understanding of the principles of procurement and the legal and ethical aspects of the profession. They should also have experience in managing suppliers, negotiating contracts, and developing and implementing procurement strategies.

The prerequisite for the CIPS L5M2 exam is that you must have already passed the CIPS Level 5 Diploma in Procurement and Supply.

The expected retirement date for the CIPS L5M2 exam is not available on any official websites. However, you can contact the Chartered Institute of Procurement & Supply (CIPS) directly to inquire about the exam's retirement date. The contact information for CIPS can be found on their website at https://www.cips.org/en-gb/contact-us/.

The certification roadmap for the CIPS L5M2 Exam is as follows: 1. Complete the CIPS Level 5 Diploma in Professional Procurement and Supply 2. Pass the CIPS Level 5M2 Exam 3. Achieve the CIPS Level 5 Advanced Diploma in Professional Procurement and Supply 4. Pass the CIPS Level 6M1 Exam 5. Achieve the CIPS Level 6 Professional Diploma in Procurement and Supply 6. Pass the CIPS Level 6M2 Exam 7. Achieve the CIPS Level 7 Professional Diploma in Strategic Procurement and Supply 8. Pass the CIPS Level 7M3 Exam 9. Achieve the CIPS Level 7 Professional Diploma in Strategic Procurement and Supply Leadership 10. Pass the CIPS Level 8M4 Exam 11. Achieve the CIPS Level 8 Professional Diploma in Strategic Procurement and Supply Management 12. Pass the CIPS

1. Procurement and Supply Environment: This topic covers the principles of procurement and supply, the legal and regulatory environment, and the ethical considerations within the field. 2. Strategic Sourcing and Category Management: This topic covers the principles of strategic sourcing, the development of category management strategies, and the application of supplier relationship management techniques. 3. Sourcing and Procurement Operations: This topic covers the principles of sourcing and procurement operations, the use of technology to support procurement activities, and the management of procurement data. 4. Contract Management: This topic covers the principles of contract management, the development of contracts, and the management of contract performance. 5. Supplier Relationship Management: This topic covers the principles of supplier relationship management, the development of effective supplier relationships, and the use of performance management techniques. 6. Logistics and Distribution: This topic covers the principles of logistics and distribution, the management of inventory, and the use of

1. What is the purpose of the CIPS L5M2 exam? 2. What are the key topics covered in the CIPS L5M2 exam? 3. How can an individual prepare for the CIPS L5M2 exam? 4. What is the format of the CIPS L5M2 exam? 5. What are the pass requirements for the CIPS L5M2 exam? 6. What resources are available to help an individual prepare for the CIPS L5M2 exam? 7. How is the CIPS L5M2 exam graded? 8. What type of feedback is available after taking the CIPS L5M2 exam? 9. What type of support is available for individuals who are struggling to pass the CIPS L5M2 exam? 10. What are the benefits of passing the CIPS L5M2 exam?

The CIPS L5M2 exam is considered to be of medium difficulty level.