exam prep course – 2014 session february 18, 2014 certified federal contracts manager
TRANSCRIPT
EXAM PREP COURSE – 2014 SESSION FEBRUARY 18 , 2014
Certified Federal Contracts Manager
CFCM Requirements
A Bachelor’s Degree or higher from an accredited university1
One year of experience80 Hours of continuing professional education2
Successfully passing the CFCM exam Subscribe to the Contract Management Code
of Ethics
1. Ten years experience may be considered in lieu of a degree.
2. CPE credits are awarded for this prep class 1 credit per 50 minutes
Study Group
This group will assist in preparing you for the CFCM exam
Question. Have you registered for the exam Application form is online Application fee is $150 for NCMA Member or $275
for non-member Once application is approved – register for test
Online exam – Kryterion = $95.00 Paper exam – Through chapter = $50 Member - $90 non-
member
What is a Contract Manager
Government usage Contracting Officer (senior) Procurement Specialist/Buyer
Commercial use Contract Manager (senior) Contract Administrator
Federal Contracts Management
Guided by extensive set of laws and regulations Code of Federal Regulations (CFR) Federal Acquisition Regulation
Departmental Supplements (e.g., DFAR) Departmental policy Case Law
Other policy/guidance GAO OMB
Federal Contracts Management
Our challenge To know and apply the governing law and regulations
to specific actions To conduct business on a professional basis
Ethical Courteous / Polite
As a CFCM
You will be designated a professional Similar in nature to a CPA or a PMP You will be considered an authority
Many companies tie salary to certification levels 5 – 10% premium for CFCM
Duty to mentor You and others have invested in your certification –
pay it forward.
Study Group Rules
Our assumptions You are here to prepare for the CFCM exam You meet the general eligibility requirement for a
CFCM certificate (less the test) You have a working knowledge of the FAR through
work experience, FAR study group, or other means. You have the CFCM study guide
This is your group – you will run it You will be here each week ready to
participate in discussion.
Study Group Resources
CFCM Study GuideOn-Line access to the FAROther resources
Desktop Guide to Basic Contracting Terms Contract Management Body of Knowledge* Practice exams*
Proposed Schedule
Feb 18 – Organization & OverviewFeb 25– Part 1A (to Page 18)March 4 – Part 1B March 11 - Parts 2 & 3March 18 – Part 4 and 5A (to page 72)March 25 – Remainder of Part 5April 1 – Part 6April 7 – Mock Exam