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Updated: Aug 07, 2026
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CIPS L4M5 Exam Overview:
| Certification Vendor: | CIPS (Chartered Institute of Procurement & Supply) |
| Exam Name: | Commercial Negotiation |
| Exam Number: | L4M5 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Exam Price: | £63 (UK member), £84 (non-member), varies by region |
| Exam Format: | Objective Response, Multiple Choice, Scenario-based |
| Certificate Validity Period: | Valid for life upon completion of full diploma |
| Passing Score: | 50% |
| Related Certifications: | L4M1 Scope and Influence of Procurement and Supply L4M2 Defining Business Need L4M3 Commercial Contracting L4M4 Ethical and Responsible Sourcing L4M6 Supplier Relationships L4M7 Whole-Life Asset Management L4M8 Procurement and Supply Operations L4M9 Purchasing Practice |
| Real Exam Qty: | 60 |
| Recommended Training: | CIPS Official Study Guide L4M5 CIPS Approved Training Providers |
| Exam Registration: | Official CIPS Registration |
| Sample Questions: | CIPS L4M5 Sample Questions |
| Exam Way: | Online remote proctored or in-person at authorised test centres |
| Pre Condition: | No formal prerequisites; recommended for those with basic procurement knowledge or work experience |
| Official Syllabus URL: | https://www.cips.org/qualifications/diploma-in-procurement-supply/commercial-negotiation |
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