Why is it different?
The American Certified Procurement Professional (ACPP®) certification shows future employers that you have the practical knowledge, insights, and professional expertise to meet increasingly heightened. Procurement management processes and ethics demands. ACPP® certification is a pre-requisite for CPM® which is the standard certification for Managers in Procurement.
Why go for CPM® Certification?
About the exam
The CPM® examination test members in major instructional areas in an advanced Procurement Management skills which include
Major Instructional Areas
- Planning of purchases and acquisitions
- Bidding processes
- Procurement decision analysis
- Contract statement of work
- Standard forms and templates
- Evaluation criteria
- Procurement management plan
- Contract management plan
- Communication and relationships
- Ethics
- Change management
What Skills Will You Learn?
PROCUREMENT DECISION ANALYSIT
CONTRACTS PLANNING & PROCESSES
LOGISTICS IN PROCUREMENT MANAGEMENT
BIDDING & NEGOTIATION
QUALITY & INVENTORY
PROCUREMENT RISK MANAGEMENT
Who would benefit from ITF+?
- Students considering a career in IT.
- Professionals working in fields that require a broad understanding of IT.
- Marketing, sales and operations staff in IT-based organizations.
Procurement Management
A Growing Opportunity in a Technological Era
According to the U.S. Bureau of Labor Statistics, jobs in procurement and supply chain management are projected to grow at a rate much faster than the average, with an anticipated increase of 41%, resulting in the addition of 3,531,200 new jobs over the decade from 2019 to 2029. This significant growth highlights the expanding demand for skilled professionals in the field.<br><br>
In today’s global market, nearly 72% of employers recognize technology as a key driver for achieving business objectives). To remain competitive, all workers must possess foundational IT skills to leverage these technologies effectively. In procurement, this emphasis on technological integration becomes even more critical as the purchasing process plays a central role in sourcing innovative goods and services. A strategically managed procurement function enables businesses to secure a competitive advantage and opens opportunities to establish exclusive partnerships with key suppliers, fostering stronger and more sustainable business relationships.
Exam Codes | Exam CPM® AC-US02 |
Launch Date | February, 2020 |
Exam Details | The CPM® exam focuses on the knowledge and skills required to explore the methods used by organizations to acquire the raw materials, components, supplies, equipment, facilities, and services needed to operate. Other topic areas include strategic procurement, procurement process, competitive bidding and negotiation, procurement, and supply management organization, make or buy, price and cost analysis, quality and inventory, supplier selection, supplier development and certification, services procurement. |
Number of Questions | Maximum of 100 questions per exam |
Type of Questions | Multiple choice |
Length of Test | 120 Minutes |
Passing Score | 650 (on a scale of 1000) |
Recommended Experience | Must have obtained ACPP® or has 3+ experience as a Procurement Manager or Professional or Specialist |
Languages | English |
Retirement | None |
Testing Provider | Affiliate Partner Testing Centers |
Price | $399.99 USD |