Certified Associate in Project Management is referred to as CAPM. This certification is created in a way that aids candidates in learning the many abilities necessary to be considered for entry-level project management roles. It serves as the starting point or first step in this field. This credential is offered with very little project management experience, which aids students in thoroughly understanding the fundamentals of the field. The best benefit of this qualification is that it gives your resume-enhancing skills a lot of weight.
What does CAPM mean?
One of these credentials that offers acknowledgment to the professional new to this subject, project management, is the CAPM (Certified Associate in Project Management) certification. By way of the Project Management Institute (PMI), this qualification is available. The methods and principles included in the PMBOK handbook, which are widely acknowledged internationally, are well known to the CAPM. The primary goal of this CAPM certification is to give candidates a solid understanding of the concepts, terminology, project life cycles, and various processes involved in efficient project management. Obtaining a CAPM certification will demonstrate to potential employers your familiarity with the terms and methodologies used in project management.
Requirements for CAPM
To avoid any misunderstandings about your entry into the field of project management, everyone planning to take the CAPM exam must complete the requirements listed below. The necessary abilities that require a secondary school diploma, such as a pre-degree certificate, senior school certificate, or pre-university certificate, are presented to you here. Additionally, a 23-hour project management-based education is required before taking the tests. For the 23 hours required to complete a project management education, there are numerous courses, both online and offline. Additionally, to keep their certification active, CAPM holders must earn 15 PDUs every three years. You can go through the PMI’s foundational courses.
The exam pattern is as per the sixth edition of the PMBOK guide (it’s likely to change in 2023, but the date is yet to be declared). Check out the schematic as mentioned below :
- Introduction to Project Management 6%
- Role of Project Manager 7%
- Project Environment 6%
- Project Scope Management 9%
- Project Integration Management 9%
- Project Cost Management 8%
- Project Schedule Management 9%
- Project Resource Management 7%
- Project Communication Management 10%
- Project Quality Management 7%
- Project Risk Management 8%
- Project Stakeholder Management 9%
- Project procurement Management 4%
What do you learn in CAPM?
Professionals will be able to match their work with the requirements needed by the project management team, thanks to the simplicity of CAPM. A candidate with CAPM certificates will be seen as having more experience and expertise by employers. The CAPM’s course structures call for some fundamental understanding of subjects like the project and organizational life cycle, project management processes, project integration management, project scope management, quality management, time and cost management, communication management, stakeholder management, project risk management, human resources management, etc.
Advantages of CAPM Certification
One of the most well-liked requirements that makes it simple for employers to find individuals who are best fit for specific job responsibilities in their organizations is CAPM. Through this certification, a candidate’s knowledge, talents, and capacity for important responsibilities could be evaluated. A CAPM certification can lead to many exciting employment opportunities because project managers are needed in practically every industry, including engineering, information technology, construction, etc. With CAPM certification, a wide range of opportunities are available:
One such internationally recognized credential in the area of project management is the CAPM. You have the opportunity to travel the world and work on excellent projects wherever you want. When it comes to their best interests, certified individuals are even sometimes transferred by their own organizations to other countries as employees.
The majority of the time, having the CAPM certification is a great asset and a must for starting and advancing in your career with new responsibilities in an organization. The CAPM certification credentials attract various greater responsibilities and are the most trusted by employers.
A CAPM certification results in a 25% wage rise for the employee. On the other hand, it may also rely on the nation and region where your job is located, as well as a number of other variables depending on the firm and the sort of job. This accreditation is unquestionably a plus for the resume you created and attained. Employers want to work with experts that have earned a PMI certification. Additional incentives are also provided to them in order to expand their area of expertise.
Aspirants are significantly more confident than those who haven’t yet earned this certification because they have a CAPM certification. This gives them an advantage over others in terms of their knowledge of the tools and mechanisms used in project management processes. This exposes you to real-world situations and helps you develop new abilities. A project manager may expect to make between $90,000 and $150,000 per year on average. The highest-paying IT sectors pay an average of $100,000, and for any credentialed professionals, the average yearly compensation is around $92,000.
We have talked about and shed some light on the importance of CAPM certifications in the paragraphs above. You now understand the requirement for CAPM certification. There are several prospects in the good and well-established sector of project management. However, there have been significant improvements in project management with new technicalities that have allowed for the rapid expansion of these professional types. The CAPM certifications are your one-stop answer if you want to make significant career progress. There are numerous project management training courses that can be found online to help you develop the abilities necessary to become a highly regarded project manager.