iccifp chairman’s corner
the institute of certified construction industry financial professionals
BY CHUCK ELYEA, CCIFP, CHAIRMAN
It’s Never Been Easier to Earn
Your CCIFP Designation
Throughout the upcoming year, I will continue
focusing on making it easier to earn the CCIFP designation. Now, that doesn’t mean the exam questions are any easier – however, we have simplified
the exam process. Let’s look at all of the changes
over the past few years that have streamlined the
Most prospective candidates begin their CCIFP
journey by visiting www.iccifp.org, which was
relaunched in 2015. It is intuitive, content-driven,
and mobile friendly. One of the newer features is
a searchable directory of CCIFPs; now, anyone can
easily find CCIFPs by location, company, and other
“Am I Certifiable?” Seminar
The “Am I Certifiable?” seminar was designed to
generate interest in the designation and typically
held in person or via online presentation. Along
with a session coming up at CFMA’s 2017 Annual
Conference & Exhibition, we have also condensed
this information into a brief animated video on
When applying for the exam, candidates now experience a more streamlined process than ever before.
From beginning to end, the application takes only
about 5-10 minutes to complete. Candidates can
also save their application and complete it at a later
time if needed – a feature previously not available.
Those wishing to pay via check can still complete a
paper copy or PDF of the application and submit it
CFMA’s CCIFP Overview Course continues to be
the only preparation course available. Currently,
the sessions are held via live webinars and
recorded for viewing anytime.
CFMA is also working on revamping the overview
course, which will be divided into segments aligned
with the exam’s knowledge domains. These classes
will be produced in a modern Learning Management
System (LMS) format with integrated assessment
questions that can be taken at any time.
In previous years, we administered 12-18 paper-and-pencil exams across the U.S., including at
CFMA’s Annual Conference, regional conferences,
or hosted by chapters – all typically held in major
metropolitan areas. This was not only inconvenient
for test-takers in other areas of the country, but
it could also be costly due to airfare and lodging.
And, a missed exam usually meant that candidates
would have to wait another year before the next
exam near their location was scheduled.
Last October, the Institute moved to computer-based on-demand testing administered by Pearson
Professional Centers (with locations throughout
the U.S.) to greatly increase a candidate’s opportunity to sit for an exam. For example, a candidate
can apply online and take the exam within a week
or up to 90 days after receiving an authorization
Retaking the Exam
If a candidate doesn’t pass the exam, he or she will
receive a diagnostic report sorted by knowledge
domain that indicates which areas need more study.
Retaking the exam has also become faster and more
affordable. Previously, unsuccessful candidates had
to wait a minimum of six months to retake the exam
(assuming the exam location was located nearby);
the minimum wait time is now two weeks. In addition, the retake fee has been reduced to $300 to
encourage more people to pursue the designation.
Are you ready to start your journey to becoming a
CCIFP? It’s never been easier! n