Certified Professional Contract Manager (CPCM™) Practice Exam
description
Certified Professional Contract Manager (CPCM™) Practice Exam
The Certified Professional Contracts Manager (CPCM) designation is aimed at professionals who have achieved mastery in the competencies outlined in the Contract Management Body of Knowledge (CMBOK)®. Accredited by the ANSI National Accreditation Board (ANAB), NCMA's premier certification is rooted in the internationally recognized Contract Management Standard™.
Who should take the exam?
- Individuals involved in both government-to-business (federal, state, and local) and business-to-business (small, medium, and large) contract and subcontract activities, including buyers and sellers.
- Those seeking insight into the reciprocal impact of their actions within buyer-seller relationships.
- Contract management professionals with a broad interest in contract management, including scholars, consultants, researchers, regulatory authorities, and representatives from accrediting organizations or other entities.
Eligibility Criteria:
- A Bachelor’s Degree.
- For degrees obtained outside the United States, evaluation by an independent third party, such as World Education Services, Scholaro, Credit Eval, Info Check USA, or SpanTran, is required.
- Five years of professional experience in contract management or a related field.
- Completion of a minimum of 120 hours of Continuing Professional Education (CPE) or Continuous Learning Points (CLP).
Exam Details
- Exam Name: Certified Professional Contracts Manager (CPCM)
- Number of Questions: 180
- Length of Time: 4 hours
- Registration Fee: $125
- Passing score: 70%
Course Outline
The exam covers the given topics -
Topic 1: Understand Pre-Award
- Contract Financing, Principles and Structures
- Contracting Methods
- Intellectual Property
- Laws and Regulations
- Socioeconomic Programs
- Standards of Conduct (includes OCOI)
Topic 2: Learn about Acquisition Planning and Strategy
- Acquisition Planning/Market Research/Marketing
- Cost and Price Analysis
- Drafting Solicitations
- Negotiation and Protests
- Responding to Solicitations
- Source Selection & Contract Award
Topic 3: Learn about Post-Award
- Contract Administration
- Contract Changes and Modifications
- Contract Interpretation & Disputes
- Contract Termination & Excusable Delay
- Subcontract Management
- Transportation
Topic 4: Explore specialized Knowledge Areas
- Architect-Engineer Services and Construction
- Government Property
- Information Technology
- International Contracting
- Research and Development
- Service Contracts
- State and Local Government
- Supply Chain
Topic 5: Understand Business
- Accounting
- Economics
- Finance Analysis
- Information Science/IT
- Management
- Operations Management