Following the successful launch of the Certified Public-Private Partnerships (PPP) Professional (CP3P®) Foundation course and exam in March 2016, PPP practitioners will soon be able to demonstrate their knowledge by taking the Preparation exam, the first of the two higher level exams.
One of the aims of the certification is to strengthen PPP best practice through a global standard of knowledge. Over the past year, interest in the Public-Private Partnerships Certification Program has grown rapidly and has established a truly global reach, with candidates from 46 countries now certified at Foundation level.
After passing the Foundation level examination, candidates can choose to take either one or both of the two higher level exams: Preparation and Execution. Candidates who pass all three examinations will be entitled to use the Certified Public-Private Partnerships Professional (CP3P) credential.
Building on the program’s success to date, the Preparation exam, is based on chapters 2 to 5 of the PPP Certification Guide and will test a candidate’s understanding of a PPP framework and application of PPP Project Identification, Screening, Appraisal and Preparation Processes in a given governmental context.
Audience for the Preparation exam
The Preparation exam is aimed at individuals involved in the development or implementation of Public-Private Partnership frameworks or the initiation and preparation of PPP projects. Public sector officials and PPP practitioners, as well as their advisors and consultants will find the exam beneficial to enhance their delivery of PPPs. The private sector will also have an interest in this certification to better understand the PPP concept as an asset/business opportunity, Government objectives and institutional arrangements.
The exam is based on a fictional infrastructure PPP scenario and candidates will be required to apply their knowledge of the PPP Guide to the given situation. The questions are complex multiple choice, and the exam time is 2.5 hours. Candidates will be required to score 50% or more in order to pass. A sample exam paper will be provided to candidates who have registered to take the exam.
Classroom and online training
Candidates will be able to take the exam at the end of an accredited training course via our network of global training providers. The training course will typically be delivered over 5 days, and include time for candidates to sit the Preparation exam. We anticipate that Accredited Training Organisations will be able to offer Preparation courses and exams from May 2017.
The exam will also be available online from the end of May for candidates who wish to self-study, however, APMG will not be developing a free online training course for the Preparation exam. We therefore strongly recommend attendance at an accredited training course in order to be fully prepared for the exam.
The other higher level exam, Execution, is due for launch later this year and more details will be provided in due course.
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