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To be eligible to take the CPCM exam, candidates must meet certain education and experience requirements. Candidates must have a bachelor's degree or higher from an accredited institution, and must have at least five years of experience in contracts management. Alternatively, candidates may qualify with a high school diploma or equivalent, and ten years of experience in contracts management.
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The CPCM exam covers a wide range of topics related to contract management, including contract formation, negotiation, administration, and closeout. It also covers legal and regulatory issues related to contract management, such as the Federal Acquisition Regulation (FAR) and the Uniform Commercial Code (UCC). In addition, the exam assesses the candidate's understanding of business ethics, financial management, and risk management as they relate to contract management. The CPCM certification is highly valued by employers in both the public and private sectors and is widely recognized as a mark of excellence in the field of contract management.
Reference: https://www.ncmahq.org/Web/Web/Certification/CPCM.aspx?hkey=6936e55e-546b-419f-a0ce-a306d45813db
| Section | Weight | Objectives |
|---|---|---|
| Legal and Regulatory Compliance | 25% | - Intellectual Property Rights - Statutory and Regulatory Requirements - Contractor Ethics and Integrity - Federal Acquisition Regulations (FAR) - Dispute Resolution |
| Contract Execution | 20% | - Risk Management - Contract Award and Administration - Quality Assurance - Performance Monitoring |
| Contract Closeout | 15% | - Lessons Learned - Records Retention - Contract Completion Procedures - Final Payment and Release |
| Contract Formation | 20% | - Solicitation Development - Contract Type Selection - Negotiation Strategies - Source Selection and Evaluation |
| Leadership and Strategic Management | 20% | - Strategic Planning - Career Development - Stakeholder Management - Communication Skills - Team Building and Leadership |
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