Contract Management Body of Knowledge 3.0

NCMA is proud to announce the publication of the Sixth Edition of the Contract Management Body of Knowledge (CMBOK). This update is driven by the changes in the Contract Management Standard Publication (CMS) Second Edition, which serves as the CMBOK’s foundation. The CMBOK Sixth Edition provides a common understanding of the terminology, practices, policies, and processes used in contract management. Primary CMBOK Adjustments. CMBOK 6 includes the following primary adjustments (see the full text of each change on the following pages): Updated the Annex to include the new ANSI-accredited CMS (ANSI/NCMA ASD 1-2019) (Page 2). Revised the CMBOK terms and definitions to match those found in the new CMS (Page 2). Added a section for the new CMS Guiding Principle—1.7 Communication and Documentation (see 3.7) (Page 4). Removed “2.4.2.3 Risk Sharing through Contract Types” and blended it into “4.1.2 Contract Types” (Page 5).