Whether you have been working in supply management for twenty years or barely meet the requirements to take the CPSM exam, it is important for you to prepare yourself for the exam. This means you should study up on current trends in the industry, revisit previously learned material, and familiarize yourself with some of the questions that you may face throughout the exam. To gain certification you will have to draw on some of your professional experiences from working in the supply management industry and information that you have gained from texts. Your success in the exam depends on you and how well you prepare and practice supply management techniques and information.
Understanding the Exam
In order to succeed with your CPSM certification it is important that you understand the exam and test taking process so that you can properly prepare. Most of the exams that are issued are computerized; however there is no need for any special computer skills in order to pass the exam. There is an online tutorial available prior to the start of the test that will instruct you on how to use the computer to answer the questions that are included in the exam. Additionally, each test center has an administrator available who will be able to answer any questions regarding the test taking process and how to use the computer system. Be advised however that the administrator can assist you with technical issues but nothing related to the questions on your exam or content related to supply management.
Since each portion of the exam is timed it is permissible for a test taker to flag a question and return to it after they have answered all of the questions in that section of the test. This feature allows you to skip ahead to another question if you are unsure of an answer and wish to return to it at a later time within that portion of the exam. It is recommended that if you are questioning one of your answers that you flag and skip the question and return to it for further examination. In the Boot Camp Course, we discuss the strategies for approaching different questions so you can maximize your time management and complete the exam within the allotted time.
For those test takers who may require certain accommodations, Pearson VUE Testing Centers will gladly assist all those with disabilities who seek to become a certified supply management professional.
Special accommodations must be discussed at the time of registration in order to ensure all needs are met.
The Cost of Certification
Certifications of any kind are never going to be cheap; however in comparison to some other professional examinations the CPSM exam is rather affordable.
ISM member rates- $180/ examination
Non-ISM member rates- $265/ examination
While these rates may be affordable it does not take away from the seriousness of the CPSM exam. Using practice materials and studying for the exam can eliminate the need for re-exams and having to pay for several attempts.
It is important to note that if you are being reimbursed by your employer for your examination that there are sometimes stipulations involved. Some employers will only pay for your first examination and will not cover the cost of a second. Preparation is key!