Certified Manager of Community Associations (CMCA) Practice Exam

A management plan typically includes a statement of goals and objectives approved by the board because it serves as a guiding framework for the community association’s operations. This statement outlines the strategic priorities and desired outcomes that the board of directors aims to achieve for the community, ensuring that all management activities align with these overarching goals. By having clearly defined goals and objectives, the management plan provides direction and facilitates effective decision-making, allowing various stakeholders—including managers, residents, and board members—to work towards a common vision for the community.

Including such a statement is crucial for accountability and performance measurement. It helps the board evaluate whether the management practices are effectively meeting the established objectives, and it can also provide transparency to residents regarding the priorities of their community association. This focus on strategic planning is essential for fostering a well-managed and thriving community.