Costpoint Master Certification Exam

The Deltek Professional Costpoint Master Certification validates skills within the Costpoint product suite. Successful completion of the Certification exam is required to receive the Professional Certification. A candidate who passes the Deltek Costpoint Master Certification exam has demonstrated proficiency within multiple areas of Deltek Costpoint. To receive Deltek Costpoint Master Certification, you must pass the knowledge based exam.

About the Deltek University Costpoint Master Certification

The Deltek University Costpoint Certification Program provides an opportunity for Deltek clients, partners and employees to enhance their current Costpoint system knowledge, and use Deltek tools to allow them to grow their skills and remain competitive in the workforce.

The Deltek Costpoint Master Certification Exam validates skills within the Costpoint product suite. Successful completion of the Certification exam is required to receive the Professional Certification.

What does the Certification Mean?

A candidate who passes the Deltek Costpoint Certification exam has demonstrated proficiency within multiple areas of Deltek Costpoint. To receive Deltek Costpoint Certification, you must pass the knowledge based exam.

Benefits to individuals include:

  • Improved use of current systems
  • Valuable experience and confidence
  • Proof of skills and differentiator employers are looking for in the hiring process

Benefits to employers include:

  • Better return on system investment and employee satisfaction
  • Process improvements and efficiency
  • Ability to identify qualified employment candidates and ensure their users have a certain level of knowledge

Preparing for the Exams

Training is not required to be certified. Passing the exam confirms you have practical application knowledge required to be a Deltek Costpoint Certified User.

Requirements

This is a 150 question exam comprised of multiple choice questions to test your knowledge of Costpoint, with a focus on the complete Costpoint product suite. This exam is randomly generated and provided via the Deltek Learning Zone.

Conditions

No written or online reference materials may be used during the exam.

The exams are taken online via the Deltek Learning Zone. Access to the exam is included for all users who have a subscription to use the Deltek Learning Zone. The exam must be completed in a single session of up to 120 minutes, with up to two attempts to successfully pass the exam.

Terms and Conditions

Following the purchase (if applicable) and launch of the exam, you must read and accept the Deltek Certification Program Terms and Conditions.

Maintaining Deltek Costpoint Certification

Certification will be valid for up to 2-years and can be renewed by passing the New Release exam. The exam will be available at least 90 days following the release of new Costpoint training series by Deltek.

Recommended Training or Background

All questions in the exam are tied to training series found on the DLZ; this includes all training types, such as, Virtual Live Classes (VLC), Recorded Sessions (RS), Self-Paced Learning (SPL), Click Guides (CG), Infographics (IF), and Quick Reference Guides (QRG). The following series are recommended. Go to the Deltek Learning Zone (Deltek.com\Learn) for more information on the certification program, Costpoint courses, and how to register.

  • Costpoint Fundamentals Series
  • Costpoint Project Series
  • Costpoint Pools Series
  • Costpoint Billing Series
  • Costpoint Accounts Receivable Course
  • Costpoint Accounts Payable Series
  • Costpoint GL Month End Series
  • Costpoint Bank Reconciliation
  • Costpoint Labor Series
  • Costpoint Leave Series
  • Costpoint Payroll Series

Study Suggestions

You will need knowledge in all areas of Costpoint to pass the exam. Use your knowledge from work, co-workers, Deltek University’s Costpoint Series trainings, and Knowledge Base Articles. Here are some suggestions of areas to study that will help with taking the exam. While this is not a complete list, use it as a springboard into your studies.

Focus on:

You need a strong understanding of the navigation in Costpoint. Knowledge of tasks such as completing lookups and queries, using screen parameters, creating/modifying/deleting records, understanding the role of the fiscal year, and comprehending the structural elements of data transactions are needed.

DLZ Assets:

Costpoint Fundamentals - Starter Guide
Costpoint Fundamentals Series: Navigation Part 1 VLC IF
Costpoint Fundamentals Series: Navigation Part 2 VLC IF
Costpoint Fundamentals Series: Printing, Posting, and Exiting Costpoint LV
Costpoint Fundamentals Series: Create, Modify, and Delete Records LV
Costpoint Fundamentals Series: User Basics LV
Costpoint Fundamentals Series: Find and Retrieve Data LV
Costpoint Fundamentals Series: Touchpoints Process Flow Charts VLC RS
Costpoint Fundamentals Series: Navigation Shortcut Keys Toolbar Icons and Buttons IF
Costpoint Fundamentals Series: Accounting Period Control Screens IF
Costpoint Glossary of Acronyms QRG

Focus on:

You need a strong understanding of the control and setup screens, key design project structures, setup of projects, project transaction validation mechanisms, creation of new projects by replicating existing ones, multiple ways of revenue recognition, and setup of ceilings and overrides. Also knowledge of creating and setting up different types of contracts like Cost Plus, Fixed Fee, Milestone, and Time and Material, along with the differences between a Project Labor Category and General Labor Category and the role of the Rate Sequence Table.

DLZ Assets:

Costpoint Project - Starter Guide
Costpoint Project Series: Project Setup Part 1 VLC RS IF SPL
Costpoint Project Series: Project Setup Part 2 VLC RS SPL
Costpoint Project Series: Manage Project User Flow IF
Costpoint Project Series: Project Account Group IF
Costpoint Projects Series: Project Account Abbreviation (PAA) and Project Account Wildcard (PAW) IF
Costpoint Project Series: Modification Descriptions IF
Costpoint Projects Series: Project User Flow IF
Costpoint Projects Series: Manage Project User Flow and Manage Change Order Screens IF
Costpoint Project Series: Revenue and Ceilings VLC RS IF
Costpoint Project Series: Project Revenue and Ceilings IF
Costpoint Project Series: Time and Materials VLC RS IF
Costpoint Project Series: Workshop VLC
Costpoint Project Series: Inter-Company Work Orders (IWOs) SPL
Costpoint Project Series: New Revenue Standards (ASC Topic) 606 in Costpoint CG

Focus on:

You need a strong understanding of the differences between the four allocations mechanisms within Costpoint. Also, knowledge of how to setup each of these four allocation mechanisms and the correct steps for processing.

DLZ Assets:

Costpoint Pools Series: Allocation Mechanisms VLC RS IF
Costpoint Pools Series: Processing, Replication, & Specialized Pools VLC RS IF
Costpoint Pools Series: Project Transfer & Multi Jobs VLC RS IF
Costpoint Pools Series: Cost of Money CG

Focus on:

You need a strong understanding of the key control, setup, reports and history screens; procedures for creating Cost Plus, Milestone, Fixed Price, Manual, and Time and Material invoices; project work force setup; and different generic billing formats.

DLZ Assets:

Costpoint Billing - Starter Guide
Costpoint Billing Series: Billing Overview VLC IF
Costpoint Billing Series: Overview - Open Billing Detail LV
Costpoint Billing Series: Overview - Project Billing Information and Customers LV
Costpoint Billing Series: Overview - Module Initialization and Controls LV
Costpoint Billing Series: Overview - Billing Process Flows LV
Costpoint Billing Series: Billing Procedures Part 1 VLC RS IF
Costpoint Billing Series: Billing Procedures Part 2 VLC RS IF
Costpoint Billing Series: Procedures - Billing Cost Plus LV
Costpoint Billing Series: Procedures - Milestone Billing LV
Costpoint Billing Series: Procedures - Invoice Ceilings LV
Costpoint Billing Series: Procedures - Scheduled Bills LV
Costpoint Billing Series: Procedures - Manual Bills LV
Costpoint Billing Series: Procedures - Time and Materials Billing Formulas and Formats LV
Costpoint Billing Series: Procedures - Time and Materials Invoice Processing LV
Costpoint Billing Series: Billing Formats VLC RS
Costpoint Billing Series: Workshop VLC
Costpoint Billing Series: Progress Payments SPL
Costpoint Billing Series: Reprinting Standard Posted Bills IF
Costpoint Billing Series: Unbilled Receivables CG

Focus on:

You need a strong understanding of the key control, setup, reports and history screens; setting up and maintaining customers; and entering and posting cash receipts, including unknown cash receipts.

DLZ Assets:

Costpoint Accounts Receivable - Starter Guide
Costpoint Accounts Receivable: From Start to Finish VLC RS IF

Focus on:

You need a strong understanding of the key control, setup, reports and history screens, voucher types, voucher entry, and payment entry (check and EFT).

DLZ Assets:

Costpoint Accounts Payable - Starter Guide
Costpoint Accounts Payable Series: Overview and Controls VLC RS IF
Costpoint Accounts Payable Series: Vendor Setup VLC RS IF
Costpoint Accounts Payable Series: Vouchers VLC RS IF
Costpoint Accounts Payable Series: Payments VLC RS IF
Costpoint Accounts Payable Series: Workshop VLC
Costpoint Accounts Payable Series: EFT Payment Notifications IF

Focus on:

You need a strong understanding of the five phases of the General Ledger Month End Close, to include different types journal entries, the rate computation process, burden computation process, review and generation of reports, global controls versus company controls for setting up new fiscal years, periods and subperiods, creating and maintaining financial statements, as well as, key control, setup, inquiry and history screens.

DLZ Assets:

Costpoint GL Month End Series: Part 1 - Month End Overview and Recording Journal Entries VLC RS IF
Costpoint GL Month End Series: Part 2 - Rate Computation and Recognizing Revenue VLC RS IF
Costpoint GL Month End Series: Part 3 - Reconciliation and Financial Reporting VLC RS IF
Costpoint GL Month End Series: 5R Closing IF
Costpoint GL Month End Series: Streamlining the Month End Process IF

Focus on:

You need a strong understanding of the complete bank reconciliation process in Costpoint.

DLZ Assets:

Costpoint Cash Management: Costpoint Bank Reconciliation SPL

Focus on:

You need to understand the process of configuring control and setup screens, setting up employees, the different types of timesheets and their functions, entering the different types of timesheets and correcting timesheets, querying and generating labor data and reports, and posting labor.

DLZ Assets:

Costpoint Labor - Starter Guide
Costpoint Labor Series: Labor Controls VLC RS
Costpoint Labor Series: Labor Controls Setup Checklist IF
Costpoint Labor Series: Employee Setup VLC RS
Costpoint Labor Series: Timesheets VLC RS
Costpoint Labor Series: Labor Posting and Reporting VLC RS IF
Costpoint Labor Series: Labor/Leave Workshop (DLL) VLC
Costpoint Labor Series: Employee Information Setup Checklist IF
Costpoint Labor Series: Manage Timesheet Defaults IF

Focus on:

You need a strong understanding of the key control, setup and history screens, assigning leave to employees, processing leave accruals, reconciling leave, and creating leave payout.

DLZ Assets:

Costpoint Leave - Starter Guide
Costpoint Leave Series: Leave Setup VLC RS
Costpoint Leave Series: Leave Controls Setup Checklist IF
Costpoint Leave Series: Leave Processing VLC RS
Costpoint Leave Series: Leave Process Flow & Employee Leave Management IF
Costpoint Leave Series: Workshop VLC
Costpoint Leave Series: Leave Reconciliation SPL

Focus on:

You need a strong understanding of the key configuration, control, setup and history screens, setup and management of employees, setup and management of garnishments screens, tax calculation processes for employees who work in more than one state during a pay cycle, multi-state payroll configuration, processing payroll from timesheet to payment advice or check, and generating standard inquiries and reports for reviewing payroll data.

DLZ Assets:

Costpoint Payroll - Starter Guide
Costpoint Payroll Series: Payroll Setup VLC RS
Costpoint Payroll Series: New Employee Setup VLC RS SPL
Costpoint Payroll Series: New Employee Setup Checklist IF
Costpoint Payroll Series: Garnishments VLC RS SPL
Costpoint Payroll Series: Multi-State Taxes VLC RS SPL
Costpoint Payroll Series: Multi-State Taxes Computation IF
Costpoint Payroll Series: Compute Payroll VLC RS
Costpoint Payroll Series: Reports and Inquiries VLC RS
Costpoint Payroll Series: Workshop VLC
Costpoint Payroll Series: Module Initialization Checklist IF
Costpoint Payroll Series: Employee Information Update and Employee Termination Flows IF

Sample Questions

The Deltek Costpoint Master Certification exam contains multiple choice questions. Below are some examples of the types of questions you will find in the exam, with the answers in bold.

  1. Which of the following is a valid Employee Status:
    1. Temporary
    2. Active
    3. Terminated
    4. New Hire
  2. Fill in the blanks: To prevent users from posting transactions to a fiscal year/period/subperiod combination that is in a/an status _______ check the box for _______ in the Configure General Ledger Settings screen.
    1. Closed; Posting Validation for FY/Period/Subperiod
    2. Closed; Validate Accounts for Organizations
    3. Open; Validate Accounts for Organizations
    4. Open; Posting Validation for FY/Period/Subperiod

Frequently Asked Questions

Who can take the exam?

Anyone can take the exam. DLZ subscribers have access as part of the subscription, and non-subscribers can pay a one-off fee to take the exam.


How much does it cost to take the exam if I am not a subscriber?

Non-Subscribers can pay a one-off fee to $295 to take the exam.


Are there any pre-requisites?

There are no specific pre-requisites for taking the exam. However, we do list recommended learning materials in the Study Guide should you wish to prepare beforehand.


Where do I find the study guide?

The study guide is available by searching the DLZ, or inside the certification curriculum.


What is the difference between a Master Exam and a Sub Exam?

A Master Exam is defined as a product exam that covers all aspects of the Deltek product. A sub-exam or topic based exam is a shorter exam with a high percentage of the questions related to a specific topic area, or product module. The remainder of the questions (generally less than 30%) are general knowledge based questions. If someone takes the product sub exams, and passes all of them, that is equivalent to the Master Certification.


If I take all of the “sub exams” for a product, does that equal the Master Certification, or do I need to take that exam as well?

If someone takes the product sub exams, and passes all of them, that is equivalent to the Master Certification.


How many attempts do I get to pass the exam?

Each exam taker is given two attempts initially to pass the exam. If the exam taker does not pass on the first attempt, they can immediately try again. If they fail both attempts, we recommend that the exam taker to take the exam prep class, review the study guide and/or take appropriate DLZ classes during a 30-day waiting period.


How long is the exam? Can I take a break or do I need to complete it in one sitting?

The length of the exams vary by product and exam. Master Exams generally require 120 minutes while Sub Exams will require 60 – 90 minutes. The exam must be completed in one sitting. Therefore, it is recommended that the exam only be launched when the exam taker has sufficient time to complete it. Opening new or checking other tabs on the Internet browser is prohibited. This will discontinue the exam and automatically fail the exam taker. Once the exam taker clicks on “Start”, the timer counts down and they cannot pause or exit the exam. If the exam taker stops or runs out of time, the score will be taken on the portion of the exam that the exam taker has completed.

I tried taking the exam but when I click on Start, I receive the error “You have reached the maximum number of allowed attempts. Contact the instructor to re-take the quiz”. What do I do?

Please send an email to DeltekUniversity@deltek.com.

If I don’t pass the exam first time round, do I have to pay again?

No, each purchase entitles the exam taker to three attempts.

What if I fail the second attempt? When can I be eligible to take the exam again?

Each exam taker is given two attempts initially to pass the exam. If the exam taker does not pass on the first attempt, they can immediately try again. If they fail both attempts, we recommend the exam taker to take the exam prep class, review the study guide and/or take appropriate DLZ classes during a 30-day waiting period. Once the 30-day waiting period is over, the exam taker will be notified via email that they are now eligible to take the 3rd attempt. A new instance of the exam will automatically be added to their transcript inside the Deltek Learning Zone (DLZ).

I did not receive the email for my 3rd attempt and/or it is not yet on my transcript. What do I do?

Please reach out to DeltekUniversity@deltek.com for your 3rd attempt to be added to your transcript.

How will I know that I passed the certification?

Exam takers who pass, will see that they passed when they get to the end of the exam. They will also receive an email from Deltek University via Acclaim (admin@youracclaim.com) informing them that their credentials need to be accepted. It is recommended that this email address is whitelisted to avoid emails going to Spam/Junk folder.

Will the badge be emailed to me?

Exam takers will receive an email from Deltek University via Acclaim (admin@youracclaim.com) immediately after completing the exam. Please check your SPAM/junk mail folder if you did not receive the email. Please reach out to DeltekUniversity@deltek.com and we’ll be happy to re-send the email.

I know that I passed the Certification Exam but I did not receive any email. What do I do?

Please check your SPAM/junk mail folder if you did not receive the email. Please also check with your IT if the company firewall is blocking or rejecting our emails. It is recommended that the email address Deltek University via Acclaim (admin@youracclaim.com) is whitelisted to avoid emails going to Spam/Junk folder.

Your email address may have also been misspelled. Please reach out to DeltekUniversity@deltek.com, confirm your correct email address, and we’ll be happy to re-send the email.

Where can I post/share my badge?

Credentials can be posted on social media sites such as LinkedIn, and shared on your resume and company signature line.

How do I share or post my badge?

From your Dashboard in Acclaim, click on the badge you want to share. Click on the Share button and choose the social media platform you would like to connect to and share the badge. You can connect your Acclaim profile with your profile on LinkedIn, Twitter, Xing, and Facebook. You also have the option to email the badge, add a link to the badge on your Acclaim profile, embed the badge on a website through html, download or print the badge. You have the option to link your profiles while accepting the badge or later by going to Settings, then Applications. Once you click on the Connect button, you will be directed to log in to the selected platform.

Where is my Certificate of Completion?

Your Certification of Completion is associated with the Certification Badge you just earned. To access, simply accept the badge, follow the steps for Sharing your Badge, and select Print. The certificate will download as a PDF file.

How to Access Your Badge and Print Your Certificate

Click here to view instructions on How to Access your Badge & Print your certificate through our digital credential platform. This also serves as your guide on how to broadcast your achievement on any professional profile.