CPCM Certification

The CPCM Certification is a professional credential. It helps individuals who have proven their understanding and proficiency in contract management principles, and practices. To achieve this Certified Professional Contract Manager certification, individuals need to pass an exam. It possesses a specified level of education and experience in contract administration. This role is perfect for contract professionals with 5 years of experience in contract management.

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  • 23 Jul, 2023 / 23 Aug, 2023
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What is This CPCM Certification All About?

The CPCM Certification ensures that the person is well-versed in all aspects of contract management. It covers both commercial and government domains. This certification program sharpens candidates' expertise. Hence providing a focused understanding.

Why is The CPCM Certification Important?

The CPCM Certification guarantees more than a deep understanding of the procurement contract lifecycle. It offers chances for professional advancement and higher earning possibilities. It guarantees compliance and helps in conflict resolution for the organization.

How Does the CPCM Certification Help You Get Hired by Companies?

The CPCM Certification helps individuals to showcase expertise in contract management principles, and policies. One can achieve this certification by passing an exam and possessing specific experience linked to contract administration. It recognizes one's proficiency in managing contracts. It also validates their skills in this professional domain.

Industry Trends

In the coming 5 years, the demand for purchasing certifications is expected to grow. Companies will aim to improve the skills of their purchasing professionals. Here are some potential certifications that may gain popularity in the next 5 years:

  • ⮞ Certified Professional in Supply Management (CPSM)
  • ⮞ Certified Purchasing Manager (CPM)
  • ⮞ Certified Professional Purchasing Manager (CPPM)
  • ⮞ Certified Professional in Distribution and Warehousing (CPDW)
  • ⮞ Certified in Production and Inventory Management (CPIM)

Individuals possessing these certifications gain a competitive edge in the job market. They find themselves better prepared to excel in their professional roles.

Market trends

The Bureau of Labour Statistics foresees a 4% rise in employment for purchasing managers agents from 2020 to 2030. The landscape of contract procurement is swiftly shifting to digital methods.

Salary Trends

The CPCM Certification can significantly impact salary potential. It reflects the individual's expertise and proficiency in contract management principles. 

These are some of the salaries earned by professionals in the MENA region:

  • ⮞ Dubai: AED 59,000 monthly
  • ⮞ Oman: OMR 18,000
  • ⮞ Qatar: QAR 29,000 monthly

These figures indicate the lucrative job opportunities and financial rewards that come after completing the CPCM Certification. This makes it a valuable investment in one's career.

Demand & Opportunities

Professionals with a CPCM Certification often oversee collaborative projects between organizations. Their duties consist of reviewing and approving contract terms and ensuring seamless project management. 

Some of the notable job opportunities are as follows:

  1. Buyers
  2. Expert Practitioner 
  3. Contract Manager 
  4. Contract Administrator
  5. Negotiation Manager

Course Outcome

Successful completion of the CPCM Certification Course will enable you to:

  • Identify the fundamental principles needed in the contracting process.
  • Learn the ability to outline all activities related to contract preparation.
  • Recognize various types of contracts and understand their impact 
  • Develop expertise for evaluating bids effectively.
  • Learn skills to apply various contract administration techniques.

Course Module

  • Contract Financing
  • Contract Principles
  • Contract Structures
  • Contracting Methods
  • Intellectual Property
  • Laws and Regulations
  • Socioeconomic Programs
  • Standards of Conduct (includes OCOI)
  • Contract Administration
  • Contract Changes and Modifications
  • Contract Closeout
  • Contract Interpretation & Disputes
  • Contract Termination & Excusable Delay
  • Quality Assurance
  • Subcontract Management
  • Transportation
  • Accounting
  • Economics
  • Finance Analysis
  • Information Science/IT
  • Leadership Skills
  • Management
  • Marketing
  • Operations Management
  • Acquisition Planning/Market Research/Marketing
  • Cost and Price Analysis
  • Drafting Solicitations
  • Negotiation
  • Protests
  • Responding to Solicitations
  • Source Selection & Contract Award
  • Architect-Engineer Services and Construction
  • Government Property
  • Information Technology
  • International Contracting
  • Major Systems
  • Research and Development
  • Service Contracts
  • Specialised Areas
  • State and Local Government
  • Supply Chain

Program Dates

Expert Instructors & Teaching Methods

Dr. Ramesh Menon is a rare techno-commercial combination of a medical graduate and an MBA from the well-known KC College, Mumbai. He has undergone leadership programs in Entrepreneurial Development Program from the Indian Institute of Management – Ahmedabad [IIM-A], and Certificate Programs in Cost Optimization, Communication and Marketing Audit from IIM-A. He has over 30 years of experience in Europe, South East Asia and South Asia in leadership roles in multi-national firms. He has a wide span of hands-on experience in different industries with a history of successfully mentoring some of today’s leaders. Dr. Ramesh Menon’s experience in Due Diligence, Merger and Spin-off, Post-Merger Activities and Pre-IPO Activities makes him a powerful facilitator in companies planning an Acquisition, Merger or Spin-off.

Dr. Ramesh Menon

Paromita Ghosh brings around 17 years of experience in delivering exceptional procurement, import, export, and supply chain support services to internal and external customers of projects and corporations. She has vast procurement expertise with a focus on time-bound and cost-effective procurement through extensive sourcing, selection evaluation, and negotiation, adding substantial value and achieving significant cost savings.

Paromita also manages the challenging task of meeting customer expectations by acting as a liaison between customers and suppliers and ensuring seamless communication. She is also an expert in setting ambitious goals to achieve cost savings annually on overall procurement for corporates and projects. She has successfully met stringent delivery deadlines while adhering to procurement principles 

Paromita has actively contributed to the education domain as a Speaker in CIPS Webinars on exam success for the MENA region. Also serves as a Volunteer on the CIPS Northern Emirates Branch Committee. Paromita Ghosh, with her extensive experience and commitment to excellence, is a valuable asset in the realm of procurement and supply chain management.

Core Competencies

  • ⦾ Best Practices in Contract Management 
  • ⦾ Forecasting, Planning, Execution 
  • ⦾ Category Management
  • ⦾ Tenders, Bids, Negotiation 
  • ⦾ Procurement & Supply Management 
  • ⦾ Leadership & Team Management 
  • ⦾ Strategic Sourcing 
  • ⦾ Erp/ SAP P2P /Sage / Oracle 
  • ⦾ Vendor Management

Professional Qualifications

  • ⦾ Masters of Business Administration (MBA) Marketing & HRD 
  • ⦾ Master of Science
  • ⦾ Bachelor of Science in Botany Honors 

Certifications

  • ⦾ Currently studying for the MCIPS Certification from Chartered Institute, UK
  • ⦾ CIPS Level 4 & CIPS Level 5 from Chartered Institute of Procurement & Supply, UK.

Professional Skills

  • ⦾ CIPS Northern Emirates Committee Member- Education
  • ⦾ Trainer, Learners Point Academy, Dubai

Ms. Paromita Ghosh

Why Count on Learners Point?

Learners Point Academy is the leading course provider of the CPCM Certification. We help professionals master the necessary skill sets to complete the CPCM Certification.

The USPs of our CPCM Certification offers you are listed below:

  • We look at real-world scenarios organisations face and formulate our Certified Professional Contract Manager training course evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke CPCM Certification also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organising group sessions, we also offer a guided learning experience to enhance the quality of our training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"The CPCM Certification from Learners Point Academy has opened doors to new opportunities. The comprehensive curriculum and industry-relevant content provided a solid foundation. I feel more competent and competitive in the field of contract management."

Razekh Ali

Supply Chain Analyst

"Learners Point Academy's CPCM Certification course strikes the perfect balance between theory and real-world application. The diverse modules and insightful instructors made the learning experience enriching. It's a worthy investment in professional development."

Wasabi Haque

Negotiation Manager

"I highly recommend the CPCM Certification at Learners Point Academy. The course structure, case studies, and expert guidance helped me grasp complex concepts easily. It's been instrumental in advancing my career in contract management."

Akira Ramith

Project Coordinator

"The CPCM Certification program provided by Learners Point Academy exceeded my expectations. The hands-on experience and emphasis on practical applications enhanced my skills. It's a must for anyone serious about excelling in contract management."

Shafique Sethi

Procurement Specialist

"Completing the CPCM Certification at Learners Point Academy was a game-changer for my career. The practical focus and real-world scenarios prepared me for the challenges of contract management. I now approach projects with confidence and precision."

Jehangir Alam

Contract Manager

Our Graduates

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FAQs on CPCM Certification

The full form of CPCM in CPCM Certification is Certified Professional Contract Manager.

The application fee for CPCM Certification is $225 for NCMA members and $425 for non-members

There are 150 questions in CPCM Certification.

There are an unlimited number of attempts for CPCM Certification.

The exam format of CPCM Certification is computer-based multiple-choice questions.

To obtain the CPCM Certification, candidates must meet specific eligibility criteria: 1) Possession of a Bachelor's Degree. 2) Degrees from non-U.S. institutions require evaluation by third-party entities like World Education Services or Scholaro 3) Five years of relevant work experience in contract management or a related field 4) Completion of a minimum of 120 hours of Continuing Professional Education/Continuous Learning Points.

The validity of CPCM Certification is lifelong.

The passing score of CPCM Certification is 70%.

The CPCM Certification Application steps are as follows: 1) Access profile on the NCMA website 2) Navigate to "Certification" in the left-hand menu 3) Choose "New Application" for the desired certification or select an existing one 4) Follow the clear tabs and instructions provided to complete your application efficiently. This streamlined approach ensures a straightforward certification application experience.

Yes, the CPCM Certification is globally recognized.

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