Certified Federal Contract Manager Study Guide: Fourth Edition

National Contract Management Association

National Contract Management Association

About this ebook

The CFCM Study Guide is designed to assist candidates in reading the FAR by summarizing each part and highlighting critical definitions and information. It is intended as a detailed study outline of the main topics within each FAR part and includes specific references. The 4th Edition is divided by FAR subchapters A–H. Each subchapter section contains a brief “at a glance” summary of the FAR parts contained in that subchapter followed by a more in-depth summary of each part.

The CFCM Study Guide provides references to specific thresholds, limitations, and requirements. Use the citations provided in the guide to find the most up-to-date thresholds in the FAR.

This study guide has been updated to incorporate changes up to and including Federal Acquisition Circular 2021-06. As stated above, CFCM candidates are responsible for updates. Check National Contract Management's website for additional information about what is covered on the CFCM examination.

The CFCM Study Guide comes with a full CFCM practice exam at the end of the book as well as an answer key to self-grade your responses. As noted, the questions on the practice exam may resemble those on the examination but were developed independently of the actual exam. Therefore, they are not the actual exam questions. Memorization of the practice exam questions and answers is not sufficient preparation for the examination.

About the author

The National Contract Management Association (NCMA) was formed in 1959 to foster the professional growth and educational advancement of its members. NCMA is a membership- based professional society whose leadership is composed of volunteer officers.

NCMA is devoted to education and training, to research and study, and to a certification program that reflects the highest standards of professional achievement. Guided by a code of ethics, the association is committed to developing and providing programs, products, and services that nurture and enhance contract management competencies through leadership and business management partnering.

Thousands of professionals enhance their knowledge and leverage opportunities in purchasing, procurement, project management, and contract management with NCMA. Comprised of individual members and professional groups from nonprofit, industry, and government, NCMA provides unique resources for the contracting community.

For over 60 years, members have taken advantage of NCMA membership benefits to advance their careers. Practical, proven survival techniques and industry news help members stay informed about current contract management events. NCMA continues to provide vital information about the career field through the association’s prestigious publications, educational materials, and professional resources.