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CIPS L5M2 Managing Supply Chain Risk exam is a globally recognized certification exam that tests your knowledge and skills in managing supply chain risks effectively. This exam is designed to validate your ability to identify, assess, and mitigate risks in the supply chain while ensuring the continuity of business operations.
Exam Objectives:
The CIPS L5M2 exam covers the following topics:
- The concepts and principles of risk management in the supply chain
- The types of risks that exist in the supply chain and their impact on business operations
- The methods and techniques used to identify, assess, and prioritize risks in the supply chain
- The strategies and practices used to mitigate and manage risks in the supply chain
- The importance of collaboration and communication in managing risks in the supply chain
This exam is ideal for procurement professionals, supply chain managers, risk managers, and anyone who is involved in managing risks in the supply chain.
The prerequisites for taking the CIPS L5M2 exam are:
- Completion of CIPS L4M1 or an equivalent qualification
- Minimum of two years of experience in a procurement or supply chain role
Related Books:
To prepare for the CIPS L5M2 exam, you can use the following books:
- Supply Chain Risk Management: Understanding Emerging Threats to Global Supply Chains by John Manners-Bell
- Supply Chain Risk: Understanding Emerging Threats to Global Supply Chains by John Manners-Bell and Ken Lyon
- Managing Risk in the Supply Chain by Will Rowlands and David Higgins
- Global Supply Chain Risk Management: Strategies and Practices for Managing Risk by Thomas A. Cook
Exam Details:
The CIPS L5M2 exam is a computer-based exam that consists of 60 multiple-choice questions. The exam duration is 1 hour and 30 minutes. The passing mark for the exam is 50%.
The cost of the CIPS L5M2 exam varies depending on your location. You can contact CIPS for more information on exam fees.
The delivery method of the CIPS L5M2 exam is online. You can take the exam from anywhere, provided you have a stable internet connection and a computer that meets the technical requirements.
The format of the exam is multiple-choice. You will be presented with a question and several options. You need to select the most appropriate answer from the options provided.
In conclusion, passing the CIPS L5M2 Managing Supply Chain Risk exam requires a comprehensive understanding of risk management principles and practices in the supply chain. To pass the exam, you need to prepare thoroughly, using relevant study materials and practice questions.
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