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CIPS L5M3 Managing Contractual Risk Practice Tests
Rating: 3.8 out of 5(32 ratings)
128 students

CIPS L5M3 Managing Contractual Risk Practice Tests

Chartered Institute of Procurement and Supply Advanced Diploma L5M3 Managing Contractual Risk Practice Questions
Last updated 12/2022
English

What you'll learn

  • Pass your CIPS L5M3 exam using these practice tests.
  • LO1 Understand the legal and process issues relating to the formation of contracts
  • LO2 Understand the impacts of breach of contract, coping strategies and provisions which are available
  • LO3 Understand the legal implications of contractual non-conformance in procurement and supply

Included in This Course

70 questions
  • CIPS L5M3 Learning Outcome One30 questions
  • CIPS L5M3 Learning Outcome Two20 questions
  • CIPS L5M3 Learning Outcome Three20 questions

Description

This set of practice questions is aimed at testing those people who have already completed CIPS Diploma (or most of it), and who have also studied the syllabus of CIPS L5M3 Managing Contractual Risk, and are close to taking the examination in this subject.

There are three practice tests for this subject, one for each of the Learning Outcomes. Each of the assessment criteria is represented by at least one question; in some cases where it is felt the topic is central to the subject, a number of questions have been included. The questions, since this is the Advanced Diploma of the Institute, are mostly challenging, and some are very challenging. Students who can answer most or all of these questions correctly should be able to pass the real CIPS examination. Questions are based on material from the official CIPS study guide as well as from the independent publisher Profex's study text, with occasional use of another source. One minute is allowed per question and the pass mark is set at 70% for each of the tests.

If you have any suggestions about how this set of practice tests could be improved, please send me a message through Udemy; or contact me via LinkedIn (search J Ian Tait MCIPS). If you like these tests, do please feel free to leave a star marking on the Udemy website - favourable reviews are really appreciated.

If you do buy this course, I'm grateful to you. And when you get to your CIPS exam, I wish you the best of luck. But if you can answer all of these practice questions, I'm sure you'll be fine.

Regards

Ian Tait BA(Hons) (Lancaster) MBA (Cranfield) DipPS MCIPS (Chartered)


Who this course is for:

  • People who have studied CIPS L5M3 and intend to sit the official L5M3 CIPS examination