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Free CIPS L5M3 Exam Questions

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  • CIPS L5M3 Exam Questions
  • Provided By: CIPS
  • Exam: CORE Level 5 Managing Contractual Risk
  • Certification: Level 5 Advanced Diploma in Procurement and Supply
  • Total Questions: 122
  • Updated On: Jun 03, 2025
  • Rated: 4.9 |
  • Online Users: 244
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  • Question 1
    • Which of the following processes is the most adversarial?


      Answer: B
  • Question 2
    • Harry is negotiating a contract for a new IT system for his business. He is investing heavily in the system and wants the system to be able to provide the services he requires for the next 10 years. However he is aware that technology is changing quickly and would like to include a clause in the contract to ensure that the system he is purchasing is useable for the next 10 years. What should Harry include in the contract?


      Answer: C
  • Question 3
    • Which of the following are a suitable course of action to take in the event of a minor breach of a contract? Select TWO


      Answer: B,C
  • Question 4
    • 2021-03-31-15-36-11-0cfaf8452dd7dd756d2fb60fe4b41708
      Which of the following will you put into box 2?


      Answer: B
  • Question 5
    • Logan Gin Distillery is creating a contract for one of its new suppliers. It is a complicated item that they are ordering and if things go wrong, it would have an extremely negative impact on production, and therefore on revenue. However it is impossible to say what the cost of this would be if things were to go wrong. What type of clause should be included in the contract?


      Answer: B
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