You should have heard of PMP and CAPM, regardless if you are a project manager or a professional. They are the core of the most well-known project management certification bodies in the world. For years, the PMP and CAPM certificates have been in the limelight. We will be comparing PMP vs CAPM in this article.
Education Requirements for PMP: 35 contact hours Project Manager Training and 23 Contact Hours for CAPM Project Management Training
Experience as a Project Manager: 36 months for four year degree professionals, 60 months for secondary degree professionals, and 24 months for a Bachelor’s or postgraduate degree from an accredited GAC program. No experience is required to obtain CAPM certification.
Training costs: $500 USD PMP, $400 USD CAPM
Exam Fees: $555 USD PMP, $300 USD CAPM
Renewal PDUs: 60 PDUs required for PMP, 15 PDUS per CAPM – Every 3 Years
Let’s take a look at each aspect of the CAPM vs. PMP.
Why are CAPM and PMP becoming more important?
The strength of the PMBoK project management body of knowledge (PMBoK) made the two certifications well-recognized in the growing adoption of waterfall best practices. This was due to the companies’ determination to adopt the best practices to deal with the dynamic competition and the challenges faced by projects.
This led to a significant increase in the importance of best practice adoption. This led to the widespread adoption of PMBoK, and associated certifications such as CAPM and PMP. These certifications were highly sought after due to their proven success in real-life projects.
Companies are realizing that education and experience are not enough in today’s competitive world. Every day projects will face challenges. There is not enough time to address new challenges. There must be a way to tackle emerging challenges in projects.
Your entry was not saved. Please try again. We have sent you links! You should have already received an email from masterofproject.com. If you have not received an email from us, please check your spam folders. You can also add masterofproject.com on the safe senders list to continue receiving our emails. Project managers used to use this technique to deal with new challenges as they arise without a plan. It worked well for a long period. Or at least that’s what they used to believe. These tactics that rely on padding and buffering may be able to cover some of the challenges. They are also inefficient, even if they do manage to reduce the risk. These techniques are usually successful when dealing with low to moderate impact risks. These techniques often fail to succeed when dealing with high impact risks.
Comparison of PMP and CAPM
We discussed the benefits that both PMP and CAPM certifications bring to their holders, and also shed light on the value they provide to companies. Let’s now answer the question: Which one would you choose? The decision between CAPM and PMP is not an easy one. There are many factors that could influence the final decision. PMP is the most widely recognized among both PMI certifications. In terms of strength and recognition, PMP would always win full marks. The key question isn’t which one is stronger, but which one should you choose to pursue first. This particular question requires a deep dive into each of the two PMI certifications.
Start your journey with a Certified Associate of Project Management, or simply CAPM. CAPM is an entry-level PMI certification that is based on Project Management Body of Knowledge. The CAPM certification recognizes the knowledge and practice of its holder. The CAPM certification recognizes the knowledge and practice of its holder.