CAPM Certification: Everything You Need to Know

Project management is a drastically growing profession. According to a survey, employers will need to fill around 2.2Mn new project-based roles each year through 2027. With the CAPM certification, you will be on the fast track to new doors.

What is the CAPM Certification?

The Certified Associate in Project Management (CAPM) is an entry-level certification accredited by the Project Management Institute (PMI). It is designed for aspirants to learn skills necessary for the project management roles.

It can be the first step towards the Project Management Professional (PMP) certification. Irrespective of your career stage, the CAPM is an asset that will distinguish you from the crowd and improve your effectiveness and credibility working on/with project teams.

What Does CAPM Do?

The CAPM certification requires enthusiasts to demonstrate skills in five functional PMBOK framework processes, that are:

• Project initiation
• Planning and budgeting
• Project execution
• Monitoring and controlling
• Project Closure

CAPM Prerequisites

Though the requirements for CAPM certification are not as strict as PMP certification; however, it does have two basic ones that aspirants must note before appearing for the credential exam.

• Secondary degree (high school diploma, associate's degree, GED or the global equivalent)
• 23 hours of project management education, before the time of the exam

CAPM Certification Cost

Suppose you are a full-time student in an accredited degree program. In that case, you may be eligible for the student bundle, which is $257 - including a membership fee of $32 + CAPM exam fee. You can also approach faculty members who teach project management programs at your schools to see if they have a bulk purchase deal with PMI. Doing so will further save you money.

If you are employed and think the CAPM certification can be beneficial to your workforce, consider approaching your manager to check out if the company will cover the exam and training costs.

The CAPM Credential Exam

The CAPM credential exam consists of 150 questions, and the duration is three hours (180 minutes). Out of these 150 questions, 15 are pre-test questions. As mentioned in previous blogs, pre-test ones are used for testing future examination questions and not for score counting. Moreover, PMI does not release the average score required to pass the test. As the questions are scored based on their difficulty, hence it is critical for you to get these questions correct as possible.

The credential test is based on the PMBOK Guide Ed 6, and the exam topics breakdown are as follows:

You may also like: What If I Fail for CAPM Certification Exam?

Is CAPM Certification Worth It?

After knowing what CAPM certification and other details are, let's brief on how CAPM certification is worth the time and effort.

Achieving a CAPM certification opens new doors to aspirants in almost every industry vertical. Below mentioned are a few benefits of a CAPM certification:

• Better career choices: There is a growing demand for enthusiasts with project management skills in nearly every organization. A CAPM certification will allow individuals to attain good career choices globally, as the credential is a globally renowned certification.
• Professional and personal development: The credential is a stepping stone towards professional and personal growth among aspirants. The learning path of the CAPM certification course adopts competencies and confidence among the participants, making them aware of top-notch practices to lead and direct challenging projects.
• Increased pay scale: Though the salary depends on several factors such as industry, country, and job positions, the CAPM certification adds value to any resume. The credential will likely increase the certification holder's salary by 25 percent.

You may also like: Top 10 Roles of Project Managers

CAPM Jobs and Salary Prospects

CAPM certification helps you get into a wide range of entry-level project management positions where the salary varies according to the roles you perform and countries. Let's see different job roles, experience levels, and corresponding salaries followed by CAPM demands in other countries.

                                Salary Prospects According to Different Job Roles

                                           Salary Prospects in Different Countries

                                   Salary Prospects Based on Years of Experience

CAPM Exam Application Process

The CAPM exam application process begins as soon as you fill out the application form. The main points you have to remember during the process are:

• Once you start, your application must complete within 90 days.
• On submission, note that it takes up to 5 days to review your application for completeness.

For the entire application process, you can go through the CAPM Handbook. You can expect the following application procedure steps:

1. Check your eligibility for the CAPM exam. The criteria to be fit for the exam are mentioned above.
2. Fill out the application form. This step comes only if you meet the eligibility criteria. The application form is on the PMI website. Before the form submission, refer and agree with the PMI Code of Ethics and professional conduct.
3. PMI takes nearly five days to review your application form. On successful completeness notice, you get a confirmation mail, after which you have to pay the exam fee and schedule the test.
4. There are chances that PMI might select your application for audit to quality-check your application. If your application is selected, you will receive an email for which you've to submit copies of experience certificates, educational qualification certifications, and others as per CAPM exam requirements. The audit takes up to 5-7 business days. Once the audit is complete, you receive another mail stating whether the application is selected or rejected.
5. This step happens when PMI doesn't select your application for an audit. In this case, you will receive a confirmation email with a code to schedule the credential test date.

Skills Required to Pass the CAPM Exam

A few skills you need to pass the CAPM credential exam are:

• Project milestones
• Project lifecycles
• Meeting of deadlines
• Quality control
• Cost and budgeting
• Procurement
• Risks management
• Setting of timelines
• Project scope
• Meeting of stakeholder expectations

CAPM Vs PMP

Final Thoughts

The CAPM certification is the initial step towards a project management career. If you meet the eligibility prerequisites, you are fit for the credential and start your journey as a certified project manager.

If you still have doubts about CAPM certification, you can Contact Us with your query, and we are 24/7 available just for you.

 Recommended Post:

• A Step-by-step Beginner’s Guide to Project Management
• 10 Tips You Must Know to Crack CAPM Exam in First Attempt
• Top 10 Roles of Project Managers
• PMP Vs Six Sigma: Which One to Choose?

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