Corporate Performance Management Practice Exam
Corporate Performance Management Practice Exam
About Corporate Performance Management Exam
The Corporate Performance Management (CPM) Exam assesses your knowledge of strategies, tools, and processes used to monitor and manage an organization's performance. CPM integrates budgeting, forecasting, financial reporting, and performance analysis to help businesses make informed decisions. This exam is ideal for finance professionals, business analysts, strategic planners, and managers seeking to strengthen their performance-driven decision-making capabilities.
Who should take the Exam?
This exam is ideal for:
- Finance and accounting professionals
- Business analysts and strategists
- Corporate planners and controllers
- Management consultants
- Executives and decision-makers
Skills Required
- Understanding of financial statements and KPIs
- Knowledge of business planning and budgeting
- Analytical thinking and data interpretation
- Familiarity with CPM software tools
Knowledge Gained
- Performance measurement frameworks (e.g., Balanced Scorecard)
- Strategic planning and forecasting methods
- Budgeting and variance analysis
- Linking financial and operational data
- Use of CPM software and dashboards
Course Outline
The Corporate Performance Management Exam covers the following topics -
Domain 1 – Introduction to Corporate Performance Management
- Definition and purpose of CPM
- Evolution of performance management
- Benefits and challenges
Domain 2 – Strategic Planning and Goal Setting
- Mission and vision alignment
- Setting SMART goals and KPIs
- Performance measurement models
Domain 3 – Budgeting and Forecasting
- Types of budgets
- Forecasting techniques
- Rolling forecasts and planning cycles
Domain 4 – Financial and Operational Reporting
- Variance analysis
- Dashboards and visualization
- Linking strategic goals with operations
Domain 5 – Performance Monitoring and Improvement
- Benchmarking and scorecards
- Root cause analysis
- Continuous improvement practices
Domain 6 – CPM Tools and Technologies
- Overview of popular CPM tools (e.g., SAP, Oracle, IBM Cognos)
- Data integration and automation
- Reporting and analytics features
