Chartered Procurement Manager (CPM)®
$399.99
About this course
Chartered Procurement Manager (CPM®)
Chartered Procurement Manager (CPM®) tests knowledge and skills of a procurement manager. CPM examines project contracts and procurement processes and explores the stages of contracting and procurement in the project environment. The certification certifies your skills and techniques to develop a procurement plan, contract statement of work, contract evaluation criteria, request for proposals, and the processes of contract administration and closure.
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 |
The examination test members in major instructional areas in an advanced Procurement Management skills which include
Major Instructional Areas
1. Procurement management
• Planning of purchases and acquisitions
• Bidding processes
• Procurement decision analysis
2. Plan contracting
• Contract statement of work
• Standard forms and templates
• Evaluation criteria
• Procurement management plan
3. Contract administration and change control
• Contract management plan
• Communication and relationships
• Ethics
• Change management
4. Contract closure
5. Logistics
The examination explores 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.
Self-Paced Training, Exam Fees
Payment covers the exam only. Complimentary exam guide and practice questions will be provided to assist you.
Instructor-Led Training
Enroll in a 4-day program with 2 hours of live instruction daily, led by industry experts, for $1,200.
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