CAPM vs. PMP: Which Certification is Best for You?

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Introduction

In project management, success depends on having the right skills and experience. Certifications like the Certified Associate in Project Management (CAPM)® and Project Management Professional (PMP)® can help you advance in your career. Both are popular certifications. This post will explain the differences, benefits, and requirements of CAPM and PMP, helping you choose the right one for you.

 

Understanding PMI Certifications

A PMI certification shows that you are committed and able to deliver value in projects. Both CAPM and PMP are for professionals at different stages in their careers. Knowing the differences can help you pick the right one.

 

What is the CAPM Certification?

The CAPM certification is well-known and shows basic knowledge of project management. It is good for people with less than three years of project experience or anyone who wants to improve their skills in leading projects.

 

What is the PMP Certification?

The PMP certification proves your deep knowledge, skills, and experience as a project manager. You need to have at least 3 to 5 years of experience leading projects. This certification shows that you can use practical tools and techniques in different project environments, like predictive, agile, and hybrid.

 

Which Project Management Certification is Best for You?

Project management is a top job skill in demand. The global economy needs 25 million new project professionals by 2030. To fill this gap, 2.3 million people need to enter project management roles each year.

Choosing between CAPM and PMP depends on your current knowledge, experience, and career goals.

  • CAPM Certification: Good for starting out and applying for various roles. It prepares you for more advanced certifications like PMP. Suitable for mid-career professionals who want to formalize their project management knowledge.
  • PMP Certification: Shows your expertise and skills to lead, direct, and deliver value in projects. It is ideal for professionals who want to be among the best in their industry. PMP holders often earn higher salaries than those without the certification.

 

CAPM vs. PMP: Certification Requirements

CAPM Requirements:

  • 23 hours of project management education, completed before taking the exam
  • High school diploma or equivalent

PMP Requirements:

  • 35 hours of project management education (waived if you have the CAPM)
  • 36 months (3 years) of experience leading projects with a four-year degree, or 60 months (5 years) with a high school diploma or equivalent

 

CAPM vs. PMP: Exam Costs

The PMP certification exam costs more than the CAPM certification. Here’s a breakdown:

  • CAPM Costs:
    • $225 for PMI members ($364 total with membership and application fee)
    • $300 for non-PMI members
  • PMP Costs:
    • $555 for non-PMI members
    • Note: PMI membership costs $129 a year, plus a one-time application fee of $10.

 

CAPM vs. PMP: Salary Comparison

PMP holders generally earn more than CAPM holders. As of June 2024:

  • CAPM Holders: Assistant and Project Manager Category with Average US salary of $57,057 – $81,127 (Payscale)
  • PMP Holders: Project Manager and Director Category with Average US salary of $93,372 – $150,542 (Payscale)

 

Benefits of CAPM and PMP Certifications

Both certifications can help you get better jobs, showing employers that you have the needed knowledge and skills. Many people recommend both certifications, and PMP is mentioned in more job listings than CAPM.

 

Conclusion

Deciding between CAPM and PMP depends on your career goals and experience level. The CAPM is great for beginners in project management, while the PMP is better for experienced professionals who want to advance their careers.

Start improving your career with attending a well-known PMP Certification class, or begin your journey with the CAPM Course.

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CAPM vs. PMP: Which Certification is Best for You?
In project management, success depends on having the right skills and experience. Certifications like the Certified Associate in Project Management (CAPM)® and Project Management Professional (PMP)®