CP3P is the definitive credential for PPP professionals
Over 7000 candidates from 167 countries are now APMG Certified Public-Private Partnership (CP3P) professionals, and more than two million visitors have accessed the PPP Guide.
The PPP Guide, which was authored and reviewed by 100 contributors from the global PPP community, is a comprehensive source of information for professionals who need best practice advice across the full PPP lifecycle. The PPP Guide is free to access and uses principles and models to convey knowledge across a range of subjects including planning and funding, tendering, contracts, operating and maintaining projects.
Why is CP3P certification important?
The financial impact of COVID-19 means that governments are likely to require more support from the private sector. With this increased requirement for borrowing and scarcity of resources, organisations want to be confident that they are hiring professionals with the competencies to structure investment-ready PPPs. The CP3P program and PPP Guide provide professionals with the tools to build capacity and deliver.
What are the challenges for CP3P in 2021?
The recently published World Bank Benchmarking Infrastructure Development 2020 summarises that the preparation phase of PPPs requires the most development. One of the barriers identified by the private sector is the lack of well-prepared projects which they can consider for investment.
The majority of PPP professionals only study at the foundation level. In order for PPPs to succeed there is an urgent need for professionals to enhance their skills in the preparation phase.
“The CP3P Preparation certification provides professionals with an understanding of the main tasks of identifying projects and preparatory activities to move forward in the PPP cycle. This includes how to draft the scope of a PPP, how to allocate institutional responsibilities for developing and procuring PPPs, and tendering best practice,” says Richard Pharro, CEO APMG International.
CP3P certified professionals are globally recognised as having the skills and knowledge to work on the full lifecycle of a PPP, from tendering and awarding the contract, to strategic delivery and commissioning—and finally operations and handback.
CP3P is a global program
There has been a strong global demand for training across the PPP lifecycle from organisations including private banks, government departments and construction companies. APMG Accredited Training Organisations have trained candidates working for a variety of organisations including Indonesia’s Ministry of Finance, the Government of Bermuda, the International Trade Center, Gauteng Infrastructure Financing Agency, Bangladesh’s Road and Highway Department, and VIVEKA.
Exams have been sat in 167 countries. Top countries are:
- Republic of Korea
- South Africa
About the APMG Certified Public-Private Partnership (CP3P) Program
CP3P and the PPP Guide can improve the quality of PPPs worldwide. PPP professionals around the world can access specialized knowledge and achieve a certification from a globally recognized program.
By helping to build a sounder knowledge around the management of PPPs as an option for governments to deliver basic infrastructure needs, the program intends to build capacity and knowledge access of professionals that are or will be working in their countries’ respective PPP programs, from government officials or their advisors.
The APMG PPP Certification Program is an innovation of the World Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the Islamic Development Bank, and partly funded by the Public-Private Infrastructure Advisory Facility with a shared vision of enhancing PPP performance globally.
Exams have been taken from candidates in over 167 countries and there are over 25 Accredited Training Organisations delivering the APMG PPP Certification Program. Exams are available in English, Brazilian Portuguese, Chinese, French, Japanese, Serbian and Spanish. Exams can be taken remotely online or in a classroom.
For more information please visit: https://ppp-certification.com/