If you are interested in Project Management certification, you can direct towards Project Management Institute. The most known offering includes Project Management Professional – PMP or CAPM Certified Associate in Project Management.
One should know that PMP certification is one of the credentials which is internationally recognized. This came into being to fulfill the requirement of setting up the project managers credibility. It involves three major approaches which are:
- Predictive
- Agile
- Hybrid
This aptitude verifies the ability of project practitioners to lead various projects in different work environments. This process finds out the side skills of individuals which are necessary to conduct teams effectively.
PMP Cost:
The actual cost of the PMP certification is about $405 for those who connect through PMI membership and for nonmembers, it costs $575. But the course preparation for PMP exams cost differently. If you want to qualify this specific PMP exam, you must have to accomplish the 35 hours training of project management.
There is also an option of free PMP exam preparation, but these are for trial purposes. Besides, complete course preparation varies in cost. PMP-certified professionals are responsible to renew the documentations after every three years gap. The required fee for the renewal process is $60 (only for membership) and $150 for nonmembers.
PMP Requirements
Before applying for the PMP exam, you should fulfill the following requirement of PMP certification.
- Must be a 4-year bachelor’s degree holder
- Must have an experience of a significant project of about 36 months.
- Must accomplish 35 hours training or education related to project management or CAPM.
PMP Exam
In the PMP exam, you will have to answer 180 questions which the applicant has to answer within a given time limit of 230 minutes. The PMP exam consists of a test pattern of matching, multiple choice questions, limited fill in the blanks and hot area questions. The focal point of this
exam is based on three different domains including business environment (8%), people (42%) and process (50%).
Renewal Process of PMP Certification
For this purpose, you have to earn PDUs – Professional Development Units on a three year cycle along certification renewal fee. PDU comprises one hour learning, volunteering and teaching. You have to complete these hours. Otherwise you will disqualify the PMP certification maintenance by PMI.
Advantages
- PMP certification offer various benefits to the holder, these include:
- Increases the weightage of your resume
- Elevate earning potential
- Helps in career development.
- Salary Hike
What is CAPM?
Certified Association Project Management certification is another type of qualification that is particularly for beginners. This program is also run by PMI. By qualifying this certification, you will be eligible to get an entry level project management post. This certification is helpful for project managers, team members and professionals who want to learn and apply best practices of project management in their daily work projects.
CAPM Cost
This test cost only $225 for PMI members and $300 for nonmembers. Besides, you do not have to pay any cost or fee related to exam preparation or study material. The CAPM certification exam is based on the PMBOK® Guide.
CAPM Requirements
You must hold a high school diploma or secondary degree to qualify for the CAPM test.
Additionally, require 23 hours of education related to Project Management.
CAPM Exam
This test includes only 150 Multiple choice questions as it is for beginners and the applicant will have a three hour time period to finish the test. One point for each right answer and no marks will be deducted for the wrong chosen answer. The CAPM is based on the (PMBOK)® Guide – 6th edition. Exam outline include these given below domains:
- Predictive plan-based methodologies
- Agile methodologies and frameworks
- Project management core concepts and fundamentals
CAPM Benefits
This certification helps in the identification of significant and competent candidates as it is recognized by PMI. The candidate who got certification will gain a wide range of industry recognition, get great opportunities of career advancement and development, and hike in earning potentials.
PMP or CAPM- Which one is Best for you?
If you want to know Why you need a PMP or CAPM certification for your career? Then the difference is clear if you go through the entire blog. Again, CAPM will go best for beginners and entry level project managers who have no or less experience. It helps you to give an exposure towards your field to get more responsibilities.
Moreover, PMP is for professional project managers who have at least 3 years of experience. It is for those who want to develop or polish their leadership skills.
