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Certification Development
Exam Content
A national survey of construction financial professionals was conducted to define the scope of practice for construction financial professionals and determine the content areas appropriate for the exam. The survey was designed to identify the core work activities performed and the knowledge used by construction financial professionals in the day-to-day performance of their jobs.
A representative panel of construction financial professionals reviewed the results of the survey. Based on the data, they identified the core work activities and essential knowledge associated with fundamental competency in construction financial management. The content of the exam is derived from this information and reflects the day-to-day practices of construction financial professionals nationwide.
There is a content outline of the exam in the Candidate Information Bulletin. Or visit Getting Ready for the Exam for a summary.
Validity & Reliability
ICCIFP’s certification exam was designed in accordance with testing industry standards for validity and reliability.
Validity is the degree to which the content of the exam reflects the knowledge and skills required to perform the duties of a construction financial professional
in a competent and efficient manner.
Reliability is the accuracy of the exam results – the degree to which the exam results are free from measurement errors.
Purpose & Benefits
- Establish the scope of practice for construction financial professionals
- Assess the level of knowledge demonstrated by construction financial professionals in a valid and reliable manner
- Encourage professional growth in the field of construction financial management
- Formally recognize individuals who meet the requirements set by ICCIFP
- Serve the public and employers by encouraging quality construction financial management practices
- Enhanced professional credibility
- Verified documentation of knowledge
- Increased understanding of construction finance
- Satisfaction of obtaining a goal
- Enhanced professional credibility
- Established standards and industry benchmarks
- Improved human-resource decision making
- Enhanced industry credibility and standing
- Increased continuing education opportunities
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