Activities
CPM Capstone
No matter how you took your 8 CPM certification courses (see Step 2), you must pass the CPM Capstone, a two-part final assessment. The CPM Capstone includes:
Part 1 : Management Plan Skills Assessment (MPSA) MPSA Prep – a two-day classroom (virtual or in-person) intensive to review concepts learned throughout your IREM education and is led by an IREM instructor. MPSA Exam – a four-hour exam completed online with a live online proctor comprised of complex multiple choice, multi-select, and short answer questions. The MPSA Exam assesses your ability to conduct several real-world analyses and make recommendations aligned with ownership goals using a variety of scenarios and property types, including office buildings, conventional apartments, and retail strip shopping centers.
Part 2 : CPM Certification Exam (CPMEXM) The CPM Certification Exam is a four-hour, 150-question multiple-choice exam that tests your knowledge of property and asset management concepts based on the IREM curriculum and/or your own professional experience. The exam is open book – a hard copy or a PDF of IREM course materials may be referenced during the exam. You’ll find a detailed description of the CPM Capstone, and how to prepare for it, in the CPM Handbook.