Certified Professional Contracts Manager (CPCM) 2021 test Dumps

CPCM test Format | Course Contents | Course Outline | test Syllabus | test Objectives

Exam : CPCM
Exam Name : Certified Professional Contracts Manager(R)
Questions : 150
Passing Scores : 70%
Duration : 1 hr 30 min.

The Contract Management Body of Knowledge and Leadership
- The Contract Management Framework
- Contract Management Body of Knowledge Overview
- CMBOK 1.1 Competence
- CMBOK 1.2 Character
- CMBOK 1.3 Collaboration
- CMBOK 1.4 Vision

Management I
- CMBOK 2.0 Management
- CMBOK 2.1 Business Management
- CMBOK 2.2 Financial Management

Management II
- CMBOK 2.3 Project Management
- CMBOK 2.4 Risk Management
- CMBOK 2.5 Supply Chain Management

Guiding Principles
- CMBOK 3.1 Skills and Roles
- CMBOK 3.2 Contract Principles
- CMBOK 3.3 Standards of Conduct
- CMBOK 3.4 Regulatory Compliance
- CMBOK 3.5 Situational Assessment
- CMBOK 3.6 Team Dynamics
- CMBOK 3.7 Communication and Documentation

Pre-Award
- CMBOK 4.1 Plan Solicitation
- CMBOK 4.2 Request Offers
- CMBOK 4.3 Plan Sales

Pre-Award and Award
- CMBOK 4.4 Prepare Offer
- CMBOK 5.1 Price or Cost Analysis
- CMBOK 5.2 Plan Negotiations
CPCM Online Preparatory Course

Award and Post-Award
- CMBOK 5.3 Select Source
- CMBOK 5.4 Manage Disagreements
- CMBOK 6.1 Administer Contract
- CMBOK 6.2 Ensure Quality

Post-Award
- CMBOK 6.3 Manage Subcontracts
- CMBOK 6.4 Manage Changes
- CMBOK 6.5 Close Out Contract

Learning
- CMBOK 7.1 Continuous Learning
- CMBOK 7.2 Individual Competence
- CMBOK 7.3 Organizational Capability

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CPCM Contracts techniques

Financial Contracts techniques

Financial Contracts techniques :: Article Creator

Predatory fiscal strategies are placing the very survival of the uk care system at risk

The disaster in social care within the UK does not have just one cause, nor one primary solution. persistent underfunding, an growing old population, the Brexit-precipitated labour shortage and the devastation wreaked by way of Covid-19 have all performed a component. however the complications forcing the care device to the brink of provide way don’t simply come from a collection of exogenous shocks – they are internal too. The very structure of the sector is unstable.

The growing involvement of private equity, hedge dollars and precise estate investment trusts within the care sector in exact many years has caused an increase within the use of predatory financial ideas, justified in the identify of attractive capital right into a sector that the executive has consistently didn't thoroughly fund. according to facts from the Care satisfactory fee, these organisations now personal one in eight care domestic beds in England.

A reveal of monetary jargon helps investors steer clear of public scrutiny, but a slew of contemporary reviews has begun to element the various strategies used to make certain “suit” returns on investment – and the profound and troubling consequences that these options have for the care sector.

In 2012, the united kingdom-based deepest equity firm Terra Firma Capital purchased four Seasons health Care in an £825m debt-leveraged buyout, backed by way of US-based mostly hedge fund H/2 Capital partners.

Leveraged buyouts are a typical method used to increase return on funding. They enable traders to pay only a fraction of the purchase expense using their personal capital; the relaxation is lined with a personal loan. In thought, the goal social care enterprise then can pay off the debt the usage of their cashflow, increasing the equity component owned by means of the funding enterprise, which means a bigger windfall for investors if the care company is sold on.

besides the fact that children, fresh analysis has discovered that these styles of buyouts are associated with an 18% boost in possibility of bankruptcy for the goal business. within the case of 4 Seasons fitness Care, onerous debt payments contributed to the company’s crumple into administration in 2019. Two of the different largest care home suppliers in the UK – HC-One and Care UK – have additionally undergone leveraged buyouts and, because of this, their corporate group structures continue to be saddled with large debts.

The implications of this debt-heavy mannequin are gigantic. among the many five greatest care home chains backed via private equity within the UK, activity funds on leveraged buyouts and other debt tasks absorb about sixteen% of the general weekly bed charge.

but activity funds on debt aren’t the best additional cost some care suppliers face. other concepts for expanding return on funding see buyers promoting off care home homes for a one-off lump sum, then leasing them back – now and again from a new landlord, once in a while from different entities within the corporate structure.

Care UK’s debts, as an example, state that it paid £4.1m in employ in 2019 to Silver Sea Holdings – a corporation registered in Luxembourg, a low-tax jurisdiction, which is additionally owned with the aid of Care UK’s mother or father company, Bridgepoint.

These financialised constructions demand an ever-transforming into earnings stream, now not to fund more and more suitable excellent care or better wages, but to sustain with transforming into interest repayments on the debts they elevate and rising rents, and to line the pockets of traders, some of whom are astutely observed in low-tax jurisdictions.

present reform proposals don't even start to the touch these complications. The touted 1p boost on country wide assurance contributions to fund social care, while welcome, can be like pouring funds right into a bucket that a person has wilfully punched holes into. We have to stem the outflow too.

Tighter fiscal law of the field could rein in extractivist monetary practices, and within the short time period should still be used to do so. despite the fact, this misses an even extra fundamental problem: that the core characteristics of adult social care make it basically not possible to privatise correctly. The supposed benefits of the free market – best innovations and cost efficiencies – quite simply don’t observe. The bucket itself is not, and under no circumstances has been, structurally sound.

For starters, neatly-functioning markets count on buyer option: if a product or provider is inadequate, you readily select an extra. but not like a cell contract, where poor carrier may additionally inspire you to change company, the physical and emotional costs linked to moving between care homes – known as “switch trauma” – can depart prone residents with restrained power to voice their considerations.

furthermore, the time-insensitive nature of care work ability that there are few alternatives for cost-effectivity mark downs devoid of compromising working conditions and great of care. in any case, asking a care worker to spend much less time with each and every client can best be hazardous for a provider in which, as the economist Tim Jackson places it, the “excellent rests totally on the consideration paid by one grownup to yet another”.

Social care desperately needs funding, and the fairest means is inheritance tax | Zoe Williams

read greater

These two facets of the care sector imply that service great and worker pay come into conflict with returns to buyers. independent experiences seem to corroborate this, discovering that both quality of care and wages are often decrease in for-profit care homes.

Signing-on bonuses to recruit new carers, piecemeal funding reforms and even more advantageous monetary regulation can not scratch the surface of these structural challenges.

The aggressive, for-income mannequin of social care provision has had 30 years to carry on its promises of efficient, extremely good functions. In that point, the crisis in adult social care has handiest deepened. as an alternative of using innovation, expanded competitors between suppliers has undermined care exceptional. it's time to cease pursuing the identical method and expecting a different result.

The care sector wants an overhaul. now not only can we want enough long-time period funding from central govt, we additionally should address some browsing questions in regards to the position of income within the sector, and ask: who is making the most of this dysfunctional mannequin? And who, eventually, is paying the fee?


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