Do you intend to pursue project management as a profession? Are you keen to grasp the required abilities in order to establish your credibility as a devoted project manager? If the answer is yes, earning your CAPM (Certified Associate in Project Management) certification could speed up your professional advancement. The CAPM Certification is an important first step for project managers and administrative-level employees.

Market research indicates that having project management experience would enhance demand globally in 2020 and add 1.57 million new jobs in almost all industries. As a result, there is a significant demand for qualified project managers. To cover this growing requirement and experience gap, experienced and novice project management professionals are urged to acquire certifications recognized by the industry, such as the PMI Certified Associate in Project Management certification. However, you might be unsure about the value of CAPM Certification if you already hold PMP and PRINCE2 certifications. Think about the advantages of CAPM certification, the price of CAPM certification, the requirements for CAPM certification, and so forth.

What is CAPM Certification & How Does It Benefit You?

The CAPM certification is an entry-level certification created by PMI for project management associates who want to become certified. The Project Management Institute (PMI) offers a worldwide recognized certification that includes essential project management concepts, procedures, and terminology.  

Furthermore, CAPM certification is built on the PMI framework and adheres to the PMBOK Guide-6th Edition's requirements. The exam assesses a candidate's understanding of project management's various knowledge areas and process groups.  

CAPM Certification verifies that a candidate has the essential project management abilities and knowledge. Furthermore, this qualification allows employees to manage project management's key challenges.  

The following is a summary of the CAPM Certification program:

Areas of Expertise Included

  • Project Management: A Basic Overview (6 percent)  
  • Setting for the Project (6 percent)  
  • Project Manager's Function (7 percent)  
  • Management of Project Integrity (9 percent)  
  • Managing the Project Scope (9 percent)  
  • Time Management for Projects (9 percent)  
  • Controlling Project Costs (8 percent)  
  • Management of the Project Quality (7 percent)  
  • The Management of Project Resources (8 percent)  
  • Administration of Project Communication (10 percent)  
  • Controlling Project Risks (8 percent)  
  • Purchasing for Projects (4 percent)  
  • Management of the Project's stakeholders (9 percent)  
  • CAPM Certification Has Its Advantages  

Is CAPM Certification Worth It?

CAMP is the best answer to the question. Grasp the CAPM certification's advantages. A CAPM certificate can help you advance your career in a variety of ways. Consider a few of the benefits of CAPM certification. Roots of Project Management Reliability and Knowledge: CAPM certification evaluates a candidate using PMI-specific strong guidelines that require the candidate to meet specific criteria for experience, professional knowledge, and education. The candidate must adhere to industry-standard ethics and standards and professional behavior as part of the CAPM certification evaluation process. As a result, a CAPM-certified associate has extensive project management experience and training. As a result, a candidate's professional credibility will surely benefit from this qualification.  

CAPM certification improves a candidate's project management skills and motivates them to lead in the workplace. Because this is an entry-level project management certification, it encourages new project managers to learn how to lead a team in a variety of settings. As a result, a CAPM-certified project management associate may serve as a valuable resource in any company function.  

Discover the Most Effective Project Management Techniques:  

Based on the PMI PMBOK principles, the CAPM certification allows a professional to become knowledgeable about the best project management skillsets practices. Anyone can complete a project enables professionals to get the required project management abilities, such as planning, execution, monitoring, and control.  

Excellent Career Opportunities:

Like all professional courses, project management faces stiff competition as the market for certified associates in project management (CAPM) certification continues to grow globally. CAPM is an internationally recognized certification that all major corporations have granted.  

The most appealing aspect of this certification is that used to bridge the gap between project management abilities and managerial knowledge, even if a candidate has minimal project management experience. As a result, a CAPM-certified professional has more career options.  

Ready Job Profiles Offer Opportunity:

CAPM is a project management entry-level certification for individuals with little or no project management experience. The CAPM curriculum focuses on the fundamental ideas, terminology, and best practices of project management. As a result, it creates a slew of new job profiles for them to fill behind the scenes of project management.  

CAPM certified professionals can apply for a variety of job profiles, including:

  • Consultants  
  • Business Analyst  
  • Relational Administrator  
  • Operational Support  
  • Associate PMO  
  • Senior Project Manager in IT Marketing Coordinator for Communications and  
  • other positions are available.  

Raised Salary Opportunities:

Because the CAPM certification verifies a candidate's project management qualifications against PMI criteria, it is unquestionably beneficial & assists boost a candidate's compensation by up to 25%. Because of the growing demand for CAPM certification across employers, even within the same business, a CAPM-certified professional might expect a more excellent compensation than non-certified workers. CAPM certification is also one of the highest-paying project management qualifications, according to PMI.  

Information about the CAPM Exam

The following question that comes to mind for a candidate is: what are the CAPM certification eligibility requirements and costs? The following information is providing:  

Requirements for CAPM certification:

According to PMI, a candidate must satisfy the following requirements to consider for CAPM certification:  

  • A secondary degree, such as a high school certificate, an associate degree, or the international equivalent, is required.  
  • 1500 hours of professional experience working on a project team with five process groups: initiating, planning, executing, monitoring/controlling, and closing.  
  • Alternatively, to meet the prerequisites, you must have 23 contact hours of formal project management instruction.  

A pattern of the CAPM Exam:

  • The exam will include 150 questions in total.  
  • Multiple Choice Questions (MCQs) are the type of questions that you will ask.  
  • 3 hours duration  
  • Time to retake the test: Every five years, the applicant must retake the exam.  
  • There will be no deductions.  

Cost of CAPM Certification:  

There are two types of CAPM certification costs:  

  • Cost of education  
  • Cost of the exam  

1) Cost of Training: If a candidate does not meet the 1500-hour professional experience requirement, he must undergo PMI's online training, which includes:  

  • Members of PMI receive a $300 discount.  
  • Members of the PMI who are not members of the organization will charge $400.  
  • Furthermore, depending on the region, the training fee may vary.  

2) Exam fee: According to the CAPM Handbook published by PMI, the CAPM is a computer-based training (CBT) test that costs:  

  • Members of the PMI are entitled to a discount of $225.  
  • $300 for non-members of PMI.  
  • Additionally, every five years, the applicant must pay a fee to renew their CAPM certification. Are you getting ready to take the CAPM exam? Use CAPM practice exams to assess your current level of preparedness.  

Salary for CAPM Certification - A Huge Career Boost

  • PMI CAMP is one of the most well-paid qualifications in the business, as previously stated. According to one of the pay reports  
  • CAPM associates earn an average yearly income of up to $101,103.  

Are you still undecided about taking the CAPM exam? It is a benefit at any level in the project management profession in terms of knowledge and career prospects. However, like any other certification, CAPM certification necessitates thorough preparation because you will be investing a significant sum of money and covering a wide range of topics. In this case, in addition to the PMBOK guide, adequate training and example questions are necessary. Exam simulators with a time limit, such as practice test range, may also be beneficial in passing the exam quickly.  

With this in mind, the CAPM practice test questions and content are based on the 6th version of the PMBOK guide, allowing candidates to prepare with the most up-to-date exam format. So, what's with the delay? By becoming a CAPM professional, you will be able to experience your desired career in project management.

Posted 
Dec 26, 2022
 in 
Business
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