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Professional Certification Programs from the National Contract Management Association

Professional Certification Programs from the National Contract Management Association

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Page 1: Professional Certification Programs from the National Contract Management Association

Professional Certification Programs from the

National Contract Management Association

Page 2: Professional Certification Programs from the National Contract Management Association

Certification Program

•Certified Federal Contracts Manager (CFCM)

• Certified Commercial Contracts Manager (CCCM)

• Certified Professional Contracts Manager (CPCM)

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Page 3: Professional Certification Programs from the National Contract Management Association

• CFCM indicates you are knowledgeable about the practice of contracts management in the federal environment

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Page 4: Professional Certification Programs from the National Contract Management Association

CFCM Prerequisites

• Academic– Baccalaureate degree from a regionally accredited college

or university

• Continuing Professional Education– Minimum of 80 hours of contract management or related

subjects

• Experience– Minimum of 1 year of experience in CM or a related field

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Page 5: Professional Certification Programs from the National Contract Management Association

CFCM Exam

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• One objective 3-hour exam, with 110 questions

• Based on the Federal Acquisition Regulation

• Passing score = 70%

Page 6: Professional Certification Programs from the National Contract Management Association

• CCCM indicates you are knowledgeable about the practice of contracts management in the commercial environment

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Page 7: Professional Certification Programs from the National Contract Management Association

• One Objective 3-hour exam, with 110 questions• Based on the Uniform Commercial Code - Articles 1, 2, and 2a• Passing score = 70%

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CCCM Exam

Page 8: Professional Certification Programs from the National Contract Management Association

CCCM Prerequisites

• Academic– Baccalaureate degree from a regionally accredited

college or university

• Continuing Professional Education– Minimum of 80 hours of contract management or

related subjects

• Experience– Minimum of 1 year of experience in CM or a related

field

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Page 9: Professional Certification Programs from the National Contract Management Association

• CPCM shows you are knowledgeable about all facets of contracts management

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Page 10: Professional Certification Programs from the National Contract Management Association

CPCM Prerequisites

• Academic– Baccalaureate degree from a regionally accredited

college or university

• Continuing Professional Education– Minimum of 120 hours of contract management or

related subjects

• Experience– Minimum of 5 years of experience in CM or a related

field

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Page 11: Professional Certification Programs from the National Contract Management Association

CPCM Exam

• One objective 4-hour exam, with 180 questions based on the CMBOK

• - 70% based on contract management (Contract Principles, Contract Planning/Strategy, Specialized Knowledge, and Contract Administration)

• - 30% based on general business (accounting, economics, finance, management, marketing, operations management, quantitative methods)

• Passing score = 70%

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Page 12: Professional Certification Programs from the National Contract Management Association

Benefits for Employers

• Provides independent validation of employee or potential employee skills and competency– Especially important today for outside hires when resume

‘inflation’ is rampant and when past employer’s are increasingly reluctant to give meaningful feedback on former employees

• Improves credibility in the eyes of business partners throughout the supply chain– Greater confidence in the competency of your contract

professionals when interacting with primes, subs, vendors, customers in contracts matters

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Page 13: Professional Certification Programs from the National Contract Management Association

Benefits of NCMA Certification for Employers - continued

•Helps attract and retain the “best and brightest”

•Professional development opportunities are a greater motivator than pay and bonuses

• In a tight labor market support of employee certification efforts is a strong differentiator between employers

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Page 14: Professional Certification Programs from the National Contract Management Association

Benefits of NCMA Certification for Employees

• Personal satisfaction– Be a “professional”, not merely one who works in a professional

field

• Peer recognition– Gain respect in the workplace

• More career opportunities (Hiring and Promotions)– Increasing number of employers stating CFCM or CPCM “desired”,

“highly desired”, or even “required” on job postings– Increasing number of number of employers using NCMA

certification as a differentiator in promotion to leadership and management positions within the Contract Management field

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Page 15: Professional Certification Programs from the National Contract Management Association

What Certification Is Not

•Certification is not a substitute for performance•Certification is not a substitute for experience•Certification is not a substitute for teamwork •Certification is not a guarantee of success•Certification is not a determination of who can

merely study well and pass an exam

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Page 16: Professional Certification Programs from the National Contract Management Association

What Certification Is

•NCMA Certification– Validates your knowledge of CM– Forces you to keep current on CM– Brings you one step closer to professional perfection

• Education is an indicator of academic strength, while certification is an indicator of professional strength

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Page 17: Professional Certification Programs from the National Contract Management Association

Certification costs

• Application Fees:• CFCM = $150 member/ $260 nonmember• CCCM = $150 member/ $260 nonmember• CPCM = $175 member/ $285 nonmember

• Examination Fees:• $95 per module, payable to exam provider

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Page 18: Professional Certification Programs from the National Contract Management Association

Where & When Do I take the Exams?

• NCMA uses Kryterion Test Centers for its exams– Exams are given via computer in the Kryterion Test

Center under the supervision of trained proctors.– Test Centers are open normal business hours and

some centers offer Saturday testing as well• There are several hundred Kryterion Test Centers

around the United States• Candidates select location, date & time most

convenient

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Page 19: Professional Certification Programs from the National Contract Management Association

Alternatives to Kryterion?

•NCMA offers on-site exams at selected national events.

•NCMA chapters may obtain a one-time authorization from the NCMA’s Certification Department to offer on-site exams. The chapter must provide a suitable testing environment and a proctor.

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Page 20: Professional Certification Programs from the National Contract Management Association

How Long Do I have to Complete the Certification Process

•Candidates have 1 year to complete the required exam from the date his/her application is approved

•Extensions to the 1-year period can be granted for extenuating circumstances (overseas job assignment, serious long term illness, etc)

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Page 21: Professional Certification Programs from the National Contract Management Association

NCMA Certifications Set the Gold Standard

The $ Value of Certification: Results of 3 annual NCMA Salary Surveys• CFCM = $10k more per year• CPCM = $25k more per year• There is no difference in salary between having only a DAU Level II certification and having no certification at all

– Level II meets minimum standards

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Page 22: Professional Certification Programs from the National Contract Management Association

Recertification & Lifetime Certification

• Recertification– Must earn at least 60 hours of continuing

education over the 5-year renewal period• Lifetime certification

– Retirees at least 55 and no longer working in CM– Workers over 60 who have current certifications

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Page 23: Professional Certification Programs from the National Contract Management Association

What about study materials?

• NCMA Book Store– Annotated Guide to the CMBOK – Desktop Guide to Basic Contracting Terms– CFCM Study Guide– CCCM Study Guide– General Business Study Guides Vols 1-5– Current Reading List

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Page 24: Professional Certification Programs from the National Contract Management Association

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Exam Preparatory Aids

• Online practice exams• Exam preparatory classes available at

selected national events

Page 25: Professional Certification Programs from the National Contract Management Association

Chapter Study Group Guide

• www.ncmahq.org/certification/docs/ChptrStudyGroupGuide.pdf

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Page 26: Professional Certification Programs from the National Contract Management Association

“Opportunities are never lost. They’re taken by someone else.”Anonymous

Contact [email protected] for more information

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