CIPS L5M2 Free Exam Questions (Updated 2026)

Which of the following statements are true about risk management? Select TWO.

A company with a large risk appetite would do which of the following?

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?

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.

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?