Step 3: Test


In this step, you’ll prove you have the knowledge that sets a CPM® apart by passing your CPM Capstone.


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 is 4.5 days in the classroom* and includes:

Part 1 – Management Plan Skills Assessment (MPSA): A four-day classroom intensive*. Candidates are given a case study property and owner goals, and must prepare real-world analysis and recommendations in the form of a property management plan. Learn more about the MPSA (MPSAXM).

Part 2 – Final exam: A multiple choice, in-person* exam covering all coursework and acquired skills. Learn more about the CPM Certification Exam (CPMEXM).


professionals are actively in the process of earning their IREM CPM property management designation.

Enroll today

You’ll find a detailed description of the CPM Capstone, and how to prepare for it, in the CPM Handbook.

*Most candidates complete the CPM Capstone in-person, but online/independent options are available for the Management Plan and CPM Certification Exam in select cases.

Before moving to Step 4

View Step 4: Graduate