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CIPS L5M15 Exam With Confidence Using Practice Dumps

Exam Code:
L5M15
Exam Name:
Advanced Negotiation
Vendor:
Questions:
88
Last Updated:
Jan 5, 2026
Exam Status:
Stable
CIPS L5M15

L5M15: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Advanced Negotiation Questions and Answers

Question 1

Peter is negotiating with a supplier and is not concerned about the outcome because he has a strong alternative. The line of legitimacy has been crossed and it is acceptable in his company that he wins “at any cost.” He is willing to push the negotiation to extremes to achieve the desired result. Which of the following best describes Peter’s tactic?

Options:

A.

Gamesmanship

B.

Brinkmanship

C.

Distributive bargaining

D.

Ploys

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Question 2

Khalid has finished a negotiation and needs to communicate the outcome to his stakeholders. One stakeholder hashigh importance but low interest. What approach should he take?

Options:

A.

Do not communicate the outcome with the stakeholder as they are not interested.

B.

Send key information but do not over-communicate.

C.

As a key player, Khalid should seek their approval.

D.

Keep the stakeholder regularly updated with detailed information.

Question 3

What is the mainadvantagefor a supplier using a pain-share contract?

Options:

A.

The supplier will be penalised for not achieving a target cost.

B.

There is a shared approach to risk.

C.

It ensures cost certainty on the contract.

D.

It ensures a better relationship with the buyer.