ABOUT:

The CPCM^®certification by NCMA^®, USA stands as a hallmark of excellence in contract management education and expertise. It signifies a comprehensive mastery of industry-standard principles, tailored for government-business and business-business contracts. This credential equips individuals with specialized knowledge essential for navigating complex contractual activities. Recognized by the National Contract Management Association (NCMA^®), the CPCM^®represents a profound understanding and practical application of contract management principles, setting a definitive benchmark for industry proficiency and expertise.

CERTIFICATION BODY: National Contract Management Association (NCMA^®), USA

LEARNING OBJECTIVES :

• Principles, Methodologies, Types, and Regulatory Frameworks: Contracts hinge on mutual agreement, legality, and considerations. They vary in type and are governed by laws like the UCC.
• Strategic Acquisition Planning, Cost Analysis, and Solicitation Drafting: Planning entails needs analysis, supplier assessment, and pricing scrutiny. Drafting demands clarity and compliance.
• Best Practices in Source Selection and Contract Awarding: Fair source selection involves defining criteria while awarding mandates proper execution within regulations.
• Post-Contract Award to Closeout Activities: Includes administration, monitoring, compliance, change management, and contract finalization.
• Dispute Resolution in Contract Termination: Resolutions occur through negotiation, mediation, arbitration, or litigation.
• Industry-Specific Contract Procedures: Each industry (R&D, IT, Services, Architecture, Engineering, Construction) adheres to unique procedures for deliverables, quality, and compliance.
• Fundamental Business Competencies: Essential skills include legal understanding, negotiation prowess, risk management, financial literacy, communication, attention to detail, and adaptability for effective management of complex contracts.

EXAM INFORMATION :

• Examining Authority: NCMA^®(National Contract Management Association), USA
• Format: 180 Multiple Choice Questions (MCQs)
• Duration: 4 Hours
• Testing Center: Kryterion Exam Center

RE CERTIFICATION:

Requirement: 60 CPEs
Renewal: Every 5 years