terry-mckee

Within each area, the exam assesses the following competency statements:

Technical Competency Statements

Module C

Planning and Analysis - 32%

  • Analyze information from multiple sources to create an entity wide procurement plan to meet the overall entity’s goals.
  • Analyze current market trends and their impact on entity wide procurement planning.
  • Identify opportunities for strategic procurement contracting initiatives.
  • Incorporate procurement priorities and best value factors, along with cost and price considerations, to guide decision making.
  • Assess risk and incorporate appropriate risk response strategies.

Sourcing and Solicitation - 32%

  • Analyze information from multiple sources to create individual procurement project plans to meet stakeholder objectives. (new)

  • Determine the most appropriate sourcing, solicitation, and award structure.

  • Determine the most favorable contract content and structure.   

  • Manage the solicitation development and pre-release process. (new)

  • Manage all stages of the selection process (from release to award).

  • Develop and manage an appropriate negotiation strategy.

  • Develop and implement dispute mitigation and resolution strategies.

  • Manage impacts related to international business matters.

Contract Administration - 23%

  • Create and implement a contract administration plan. 
    Establish contract performance monitoring process.
  • Facilitate resolution of contract performance issues.
  • Ensure the efficiency and effectiveness of asset management, warehousing, and logistics programs.
  • Evaluate options and execute appropriate methodology to dispose of assets to maximize residual value.

Business Principles and Operations - 26.7%

  • Create and maintain a continuous improvement plan.

  • Develop and manage a resilient and agile workforce.

  • Organize procurement staff to optimize the procurement service delivery model. (new)

  • Implement and manage technology and automation to enhance procurement performance.

  • Obtain and manage budgetary resources to achieve procurement goals.

  • Develop data-based decision making protocols. (new)

  • Develop and implement continuity of operations plan. (new)

Module D

Strategy - 20%

  • Create, implement, and update procurement’s mission, vision, strategic goals, and objectives in alignment with the entity-wide strategic plan.

  • Identify and implement initiatives and improvements to achieve the strategic goals for the procurement function.

  • Manage efficiency and effectiveness in the achievement of procurement’s mission.

  • Identify, implement, and evaluate appropriate programs in response to industry conditions (.e.g. social, sustainability, emerging technology, artificial intelligence, automation, supply chain disruptions.

  • Align policies, procedures and practices with organizational priorities, professional procurement values, and best practices. (new)

  • Develop and implement a communications plan to promote the value of the procurement function.

  • Analyze information from multiple sources to create an entity wide procurement plan to meet the overall entity’s

Governance - 32.5%

  • Develop governance around the procurement function (e.g., centralized procurement, decentralized procurement, hybrid procurement, category management). (new)

  • Engage the legislative process to further procurement interests.

  • Ensure compliance with applicable statutory laws, common law, rules, and regulations (e.g., international, federal, regional, state/provincial, and local).

  • Create, implement, and maintain fair, accessible, and transparent policies that align organizational behaviors, priorities, and professional procurement values.

  • Advise the entity on how to address procurement-related matters.

  • Define and communicate service level standards, requirements, roles and responsibilities, and outcomes to facilitate stakeholder engagement.

  • Establish procedures for procurement process (e.g., planning, sourcing, selection, contract management) (new)

  • Develop and maintain various templates and contract models. (new)

  • Integrate project management principles into procurement processes.

Leadership and Engagement - 47.5%

  • Cultivate a professional environment that fosters continuous improvement.

  • Provide professional development opportunities  (e.g., internal/external training, credentialing, experiences, cross training, job shadowing, conferences)

  • Implement stakeholder relationship management (e.g., internal client department, suppliers, senior leadership, professional associations)

  • Provide educational opportunities related to procurement best practices to non-procurement professionals.

  • Engage stakeholders in development of key performance indicators.

  • Promote programs, policies, and procedures in support of procurement operations.

  • Solicit and analyze feedback from internal and external stakeholders. (new)

  • Recruit, hire, develop, retain, and promote procurement professionals.

  • Collaborate with the business community to enhance education, foster participation, and reduce obstacles to competition. (new)

  • Engage internal stakeholders to enhance education, improve collaboration, and optimize procurement outcomes. (new)

  • Develop and implement an organizational succession plan. (new)

  • Develop and implement job enrichment programs for staff. (new)

  • Provide appropriate resources to optimize job performance. (new)

  • Advocate for strategic organizational position of the procurement function.