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UPDATED CIPS LEVEL 5 - Managing Contractual Risk (L5M3)
Rating: 4.1 out of 5(39 ratings)
228 students

UPDATED CIPS LEVEL 5 - Managing Contractual Risk (L5M3)

The comprehensive practice questions with in-depth answers and insight to master your 2026 CIPS exam (New Syllabus 2025)
Created byDaniel Do
Last updated 5/2026
English

What you'll learn

  • Understand the legal and process issues relating to the formation of contracts
  • Understand the impacts of breach of contract and coping strategies and provisions that are available
  • Understand the legal implications of contractual nonconformance in procurement and supply
  • Understand recent development in English commercial contract law

Course content

6 sections90 lectures3h 53m total length
  • Introduction1:19

Requirements

  • CIPS Level 4 Diploma in Procurement and Supply is required to enroll this course

Description

Hello CIPS students, it's me again. As you know, we've been offering Level 4 practice papers on Udemy. However, my colleagues and I think that we should not stop at providing practice questions. Ultimately, our mission is to help you become a respected procurement professional, not just a person with CIPS Diploma or Advanced Diploma. Therefore, we roll out this product: The Revision Toolkit.

The Toolkit contains short and comprehensible lessons as well as illustration graphs and small quizzes. Basically, we guide you through every sections in the book and some tips for the exam. Not only that, we also extend your knowledge by adding extensive reading materials. You may find interesting articles about guarantees, or thorough explanation of each payment method in international trade, or recent development on penalty and liquidated damages clause.

It is intended to help you understand the knowledge from the study guide. Furthermore, you can find the answer for every Check, Apply and End of Chapter questions in the book.

Currently, the Toolkit consists of reading articles only. We'll add video in the future update.

Finally, there’s still what you want the most: the practice question. It is available at the end of the Toolkit.

Who this course is for:

  • CIPS Level 4 Diploma holders