The Certified Associate in Project Management (CAPM)® certification is a certificate that is recognized all over the world and is geared toward entry-level project managers who have minimal to no prior experience in project management.
Earning the Certified Associate in Project Management (CAPM) credential verifies that you have core knowledge and abilities in project management. It demonstrates to prospective employers that you are capable of fulfilling the core functions and obligations associated with a project management position in a competent manner. This article provides a summary of the most important requirements for CAPM certification as well as the many cost components of the credential.
The CAPM Certification refers to what exactly?
The CAPM certification is a professional title offered by the Project Management Institute (PMI) that is aimed at entry-level project managers. It acknowledges the practitioners' knowledge and competence in the foundations of their area, such as the procedures, frameworks, techniques, and best practices that are used in project management. The Certified Associate in Project Management is well suited for entry-level professionals, members of project teams, and project managers who are looking to enhance their knowledge and put best practices into action in their job.
The Certified Associate in Project Management (CAPM) credential can act as a stepping stone on the path to a career in the industry as well as the Project Management Professional (PMP)® certification. If you're on the fence about whether to get your PMP certification or your CAPM certification first, you should go for the CAPM.
Cost of CAPM
The entire cost of CAPM certification is determined by a number of different factors. You can find a rundown of the obligatory fees and additional costs involved with the CAPM certification procedure further down on this page.
Exam Fee
The fee for the exam is $225 for PMI members and $300 for nonmembers.
The fee for the Reexamination is $200 for PMI members and $150 for non-members.
The exam cost needs to be paid to PMI in full and must be done so through their website. In the event that you do not get a passing score on the examination on your initial attempt, you will be required to pay a fee in order to retake the examination.
After having their request to take the CAPM exam accepted, candidates have one year and three chances to demonstrate that they have the knowledge and skills required to pass the exam. If a candidate is unable to pass the CAPM certification test within the eligibility period of one year, they are required to wait one year from the date of their most recent attempt before reapplying for the CAPM credential. The eligibility term for the CAPM credential is one year.
The Cost of Training
It is highly recommended that you enroll in a training class, course, or boot camp in order to get ready for the CAPM test. The amount that you will have to pay for training is dependent on whatever option you select. A CAPM boot camp would normally last for three to four days and deliver a total of 23 hours of teaching on project management. The cost of attending a CAPM boot camp can range anywhere from $200 to $600, depending on the specifics of the program. However, rates often begin at $200.
The cost of attending a training course often falls anywhere between $300 and $500, if not more. There are many different course alternatives accessible to you, and it is possible that you may be able to discover a course or program that is affordable for you.
Tests and Resources to Help You Prepare
When studying for the CAPM test, you can make use of and consult a number of different resources. The Project Management Body of Knowledge (PMBOK)® Guide, which PMI members get as part of their membership benefits, serves as the primary resource for the certification test. People who are not members of the organization need to buy this guide in order to utilize it to study for the test.
When acquired via PMI, the PMBOK Guide may be yours for close to a hundred dollars. The price of other textbooks can be close to $50. However, pricing might differ significantly from one dealer to the next.
However, beginning in 2024, the CAPM test will be structured according to the topic outline provided by PMI for the CAPM certification. This blueprint is broken down into four components, which are as follows: basics and core ideas of project management, predictive plan-based techniques, Agile frameworks and methodologies, and business analysis frameworks.
In order to better prepare for the CAPM test, some applicants opt to take practice examinations. There is not one set price for practice examinations. In addition, there are no-cost assessments to practice for available online.
The Costs of Renewal
Every three years, you will need to go through the process of renewing your certification in order to keep your CAPM certification status. To achieve this, you will need to complete 15 units of professional development throughout the course of each three-year term. PMI members pay a renewal cost of $60, while non-members are required to pay $150.
It is vital to check PMI's website for the most up-to-date information on the requirements and expenses associated with CAPM certification renewal, as the CAPM certification renewal procedure is revised on a frequent basis.
CAPM Certification Requirements
The following conditions must be satisfied before you can submit an application for the CAPM certification.
possess at least one level of secondary education, such as a high school diploma, an associate degree, or the worldwide equivalent.
You have until the time that you are scheduled to take the exam to finish the required 23 hours of project management training.
Take the CAPM test, and make sure you pass it.
