CAPM® vs PMP®, Value at jobs and industrial establishments.
The Project Management Institute (PMI) offers specialized credentials: Certified Associate in Project Management (CAPM)® and Project Management Professional (PMP)®. Both improve credibility and provide professionals with opportunities to expand their personal and organizational skills, lead larger projects, and advance their careers. Understanding the distinctions between CAPM® and PMP® certification is essential for matching the right credential to the right job. Prerequisites, cost, level of difficulty, and how the credentials are viewed in the industry are all examples of variances at this point.
Benefits and value to the Industry (CAPM® vs PMP®):
The Project Management Institute (PMI) offers the CAPM® certification, which is recognized as a leader in the field. On the other hand, “Why would I pursue PMP® certification?” The answer is simple: the PMP® is the most important and well recognized project management credential in the world. Given that, the CAPM® certification is more accessible, more economical, and requires less time and expertise than PMP® certification.
PMPs work in practically every country in a variety of industries. When hiring project managers, many employers want PMP® certification since PMPs have proved the knowledge and skills needed to lead complicated projects and manage project teams. When more than one-third of a company’s project managers are PMP®-certified, projects are completed on time and on budget. According to the PMI’s Earning Power Income Survey, project managers with a PMP® certification earn a 25% higher salary than those without a PMP® certification.
While CAPM® certification isn’t as well-known as PMP® certification, it can indicate mastery of PMI’s project management structure and processes, which might help candidates stand out when competing for jobs against others who don’t have any. Furthermore, CAPM® certified individuals have a functional grasp of the PMBOK® Guide, which might be a good starting point for pursuing PMP® certification.
What about the CAPM® or PMP® Certification Exam Difficulty?
The CAPM® exam is considered less challenging than the PMP® exam, because it is aimed toward entry-level project managers or those interested in a project management profession. The CAPM® exam questions are based on the PMBOK® Guide, PMI’s global project management standards. The percentage of questions relating to each chapter of the PMBOK Guide is easily listed in the CAPM® Exam Content Outline (ECO) and the CAPM® Handbook, indicating that persons pursuing CAPM® certification can adequately prepare for the exam by studying solely the PMBOK® Guide. And also enrolling in a formal Course/Exam simulator of study given PMaspire CAPM® Exam Simulator to earn your 23PDU’s and make yourself confidently ready for the final exam.
On the other hand, The PMP® certification Exam is more difficult to pass and is suitable for early career to established professionals with extensive project management experience. The PMP® exam covers the PMBOK® Guide, just as the CAPM®, but it also contains questions meant to see if the candidate can handle real-world project management problems. It’s more like an Experience based Exam and the Way of working. PMI recommends not only studying the PMBOK® Guide, the PMP® Examination Content Outline (ECO), and the PMP® Handbook to pass the PMP® Exam, but also enrolling in a formal course of study given by an PMI Authorized Training Provider (A.T.P.) like PMaspire and enroll with PMP® Exam Simulator to make yourself confidently ready for the final exam.
What are the Prerequisite differences between CAPM® and PMP®?
The CAPM® doesn’t have as strict eligibility requirements as the PMP® or other exams. However, you’ll still need to meet the following requirements:
- A high school diploma or global equivalent
- 23 contact hours of formal education in project management
You must demonstrate that you have completed at least 23 hours of education by completing courses, workshops, or Video training sessions given by PMaspire CAPM® Exam simulator Premium package.
On the other hand for The PMP®, Make sure you meet the following PMP® Certification requirements before applying:
- A four-year degree
- 36 months leading projects
- 35 hours of project management education/training or CAPM® Certification
— OR —
- A high school diploma or an associate’s degree (or global equivalent)
- 60 months leading projects
- 35 hours of project management education/training or CAPM® Certification
