You could be interested in working as a project manager if you find that keeping structure and guiding members of a team through a project is something that interests you.

Those looking for work in project management can better prepare themselves for entry-level positions by earning their CAPM certification. You will get certified in the tried-and-true frameworks and techniques, in addition to learning the fundamentals of project management.

The following information will provide you with the knowledge necessary to obtain a CAPM certification.

What exactly is meant by the term CAPM certification?

The Certified Associate in Project Management (CAPM)® certification is a certificate that applicants can get to better prepare themselves for entry-level careers in the field of project management. Project Management Institute (PMI), the foremost organization in the field of project management around the globe, is in charge of its administration. It is a prerequisite for the Project Management Professional (PMP)® certification and costs $225 for PMI members and $300 for non-members. It can be used as a stepping stone in the process.

CAPM requirements

To take the CAPM test, you will need to make sure that you have the following:

Applicants must have either a high school certificate, a General Equivalency certificate (GED), an associate degree, or the equivalent of 23 hours of project management coursework that was completed before the exam.

You will be able to take the examination if you have completed a minimum of 23 hours of study before doing so. There are a total of 150 questions in the CAPM test, and you will have three hours to answer them all.

What are some ways that I may complete the required 23 hours of coursework in project management?

This need can be satisfied by completing any one of many different project management courses, including those offered in-person or online, such as the Google Project Management: Professional Certificate. You may also check out the classes offered at the community college in your area.

CAPM certification cost

To earn your CAPM, you must first pass one test. As of July 2022, the following fee schedule applies to the exam:

Non-PMI members will be charged $300.

PMI members: $225

The annual membership charge for PMI is $129, and there is an additional one-time application fee of $10. Obtaining a CAPM certification as a new member now costs a total of $364 due to this additional fee. Access to a job board specializing in project management is one of the benefits of membership, along with reduced prices for further certifications that advance one's career and a free copy of the PMBOK Guide (which stands for the Project Management Body of Knowledge).

You may qualify for the student bundle, which has a price tag of $257 if you are enrolled as a full-time student in a recognized degree-granting program. The cost of the CAPM test is further included in this total, in addition to the membership fee of $32. You might also talk to the professors who teach project management classes at your institution to find out if they have any bulk purchasing arrangements with PMI, which could save you even more money in the long run.

If you are currently working and believe that obtaining your CAPM certification might be advantageous to your work, you should talk to your manager about the possibility of your employer paying for your exam and training expenses.

Is it worthwhile to get the CAPM?

The Certified Associate in Project Management (CAPM) is typically regarded as a qualification for entry-level project managers. So how can you be sure that it will be worthwhile to put in the effort? The following are some points to think about.

CAPM salaries and positions

The CAPM is designed to prepare candidates for entry-level project management positions such as project coordinator, junior project manager, and associate project manager.

The ability to handle projects is in high demand, and the discipline of project management itself is expanding. The United States Bureau of Labor Statistics (BLS) forecasts that employment opportunities for project management professionals will increase by 7 percent over the next ten years, which is the same rate of growth as the national average for all other occupations. According to a survey that was issued by the Project Management Institute (PMI), the employment market that is project-oriented is predicted to rise by 33 percent, which is equivalent to 22 million new positions, and by the year 2027, employers are projected to require roughly 88 million project management responsibilities.

As of October 2022, the average pay for a Certified Associate in Project Management in the United States is, according to Payscale, $68,000. The following is a list, compiled from data provided by Payscale, of some of the average wages for roles that have specified the CAPM in calls for job seeker.

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