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The best certifications for a senior contract administrator/contract administrator are Certified Professional Contracts Manager (CPCM), Certified Federal Contracts Manager (CFCM), and Certified Commercial Contracts Manager (CCCM).
Senior contract administrator/contract administrator certifications demonstrate your competency as a senior contract administrator/contract administrator to employers. However, not all senior contract administrator/contract administrator certifications provide the same value.
Below is a list of the best senior contract administrator/contract administrator certifications. Obtaining a senior contract administrator/contract administrator certification will give you a leg up when you apply for jobs and increase your potential salary.
| Rank | Senior contract administrator/contract administrator certification | Organization |
|---|---|---|
| 1 | Certified Professional Contracts Manager (CPCM) | NCMA |
| 2 | Certified Federal Contracts Manager (CFCM) | NCMA |
| 3 | Certified Commercial Contracts Manager (CCCM) | NCMA |
| 4 | Project Management Professional (PMP) | PMI |
| 5 | Certified Management Accountant (CMA) | IMA |
A certified professional contracts manager (CPCM) shows that you are knowledgeable about all facets of contracts management, both within the government and the commercial arenas.
Eligibility for the CFCM requires a candidate to have: * A degree from a regionally accredited institution at the bachelor's level, with 24 hours of course work in business management topics, * Two years of experience, and 120 hours of continuing professional education, at least 40 of which are specific to federal contracts management topics. * Waivers of the degree requirement are available for those candidates who have ten years of experience and a letter from a supervisor supporting their candidacy. * Candidates lacking only the experiential and continuing education requirements may apply for the designation and take the examinations. Upon successful completion of the examinations, the candidate will be awarded the designation ONLY when both experiential and continuing education requirements are met.To earn the CFCM, a candidate must take and pass two examinations; the Business Knowledge and Federal Knowledge modules.
A certified commercial contracts manager (CCCM) shows that you are knowledgeable about the practice of contracts management in the commercial environment.
The PMP designation following your name tells current and potential employers that you have demonstrated a solid foundation of knowledge from which you can competently practice project management.To be eligible for a PMP Credential, you must first meet specific educational and project management experience requirements and agree to adhere to a code of professional conduct. The final step to becoming a PMP is passing a rigorous multiple-choice examination designed to objectively assess and measure your ability to apply project management knowledge in the following six domains: initiating the project, planning the project, executing the project, monitoring and controlling the project, closing the project, and professional and social responsibility. This computer-based examination is administered globally with translation aids in 10 languages.
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
The best senior contract administrator/contract administrator certification is Certified Professional Contracts Manager (CPCM). The Certified Professional Contracts Manager (CPCM) is awarded by the National Contract Management Association. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this senior contract administrator/contract administrator certification:
The most in-demand senior contract administrator/contract administrator certification is Certified Professional Contracts Manager based on all active job postings. Having this senior contract administrator/contract administrator certification will give you access to more senior contract administrator/contract administrator jobs with higher salaries.
The Certified Professional Contracts Manager certification will help you to secure a contracts manager position, which will increase your pay and career trajectory. A contracts manager's average salary is $90,833 whereas senior contract administrators/contract administrators make an average salary of $65,579.
The most common combination of senior contract administrator/contract administrator certifications include: Certified Professional Contracts Manager (CPCM), Certified Federal Contracts Manager (CFCM), and Certified Commercial Contracts Manager (CCCM).
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