CAPM Certification: The Complete Guide for 2023
By Alex • Updated Jan 15, 2023
Are you considering a career in project management?
If so, the Certified Associate in Project Management (CAPM) certification is a great place to start.
In this comprehensive guide, we'll cover everything you need to know about the CAPM certification, including what it is, the types of jobs it can help you land, what salary you can expect, the requirements for obtaining the certification, the cost of the certification, and how to maintain your certification.
About: What is the CAPM certification?
The CAPM certification is a globally recognized certification that demonstrates a professional's understanding of the fundamental knowledge, terminology, and processes of effective project management.
The certification is awarded by the Project Management Institute (PMI), which is the world's leading professional association for project management.
Jobs: Which jobs can you get with a CAPM certification?
According to Credly, there are 2,505 job openings related to the CAPM Certification in the US alone. The 5 job titles with the most openings are:
- Project Manager: 134 job postings
- Information Security Manager: 76 job postings
- Senior Manager Information Technology Delivery: 72 job postings
- Group Program Manager Data: 71 job postings
- Vice President Loan Operations Project Manager: 67 job postings
Salary: Which salary can you expect with a CAPM certification?
As a certified Project Management Professional (CAPM), you can expect a competitive salary that reflects your valuable skillset.
According to data from ZipRecruiter, as of January 8, 2023, the average annual pay for a CAPM in the United States is $92,091 per year. This works out to be approximately $7,674 per month.
The salary range for CAPM professionals is quite broad, with the lowest salary reported by ZipRecruiter being $62,500 and the highest being $139,500. However, the majority of salaries for this profession fall between $82,500 and $104,000, with top earners making as much as $122,500 per year.
Requirements: What are the requirements for the CAPM certification?
To be eligible for the CAPM certification, you must meet the following requirements:
- Have a high school diploma or equivalent
- Have at least 1,500 hours of project experience
- Complete 23 hours of project management education
Cost: How much does the CAPM certification cost?
The cost of the CAPM certification varies based on whether you're a PMI member or non-member.
For PMI members, the exam fee is $225. Non-members will have to pay $300 for the exam.
Additionally, there is a one-time application fee of $150 that needs to be paid while applying for the certification, regardless of whether you're a PMI member or non-member.
Recertification: How can you maintain your CAPM certification?
To maintain your CAPM certification, you'll need to complete 60 professional development units (PDUs) every three years.
PDUs can be earned through a variety of activities such as attending PMI-approved training courses, participating in volunteer work, and writing articles or books on project management.
FAQs
Who is the CAPM certification for?
The CAPM certification is for individuals who are interested in a career in project management and have at least 1,500 hours of project experience or are seeking to gain the knowledge and skills to become entry-level project managers.
Is the CAPM certification worth it?
Yes, the CAPM certification is worth it as it demonstrates an individual's understanding of the fundamental knowledge, terminology, and processes of effective project management, which can help them qualify for entry-level project management roles.
Additionally, it is globally recognized and can increase earning potential with a median salary of $91,000.
How can you get the CAPM certification?
To get the CAPM certification, an individual must meet the following requirements: have a high school diploma or equivalent, have at least 1,500 hours of project experience, and complete 23 hours of project management education.
Additionally, they must pass the CAPM exam and pay the required fees.
What are the benefits of obtaining the CAPM certification?
Obtaining the CAPM certification can help an individual qualify for entry-level project management roles, increase their earning potential, and demonstrate their understanding of the fundamental knowledge, terminology, and processes of effective project management.
How difficult is it to obtain the CAPM certification?
The difficulty of obtaining the CAPM certification varies depending on an individual's background and experience in project management.
However, by meeting the requirements and preparing for the exam, many find it to be a attainable goal.
How long does it take to get the CAPM certification?
The amount of time it takes to get the CAPM certification varies from person to person. It depends on the amount of time you have to study and preparing for the exam.
On average, it takes around 6-12 months to meet the requirements, study and pass the exam.
What are the best CAPM certification alternatives?
Some alternatives to the CAPM certification include the Project Management Professional (PMP) certification, the Six Sigma Green Belt certification, and the PRINCE2 Foundation certification.
Each of these certifications focuses on different aspects of project management and may be better suited to certain individuals or industries.
Conclusion
In conclusion, the CAPM certification is a great way to get your foot in the door of the project management profession.
With a CAPM certification, you'll be qualified for a variety of entry-level project management roles, and you can expect a median salary of $91,000.
The certification requirements are accessible, and the cost is reasonable. Additionally, maintaining your certification is straightforward.
So, if you're interested in pursuing a career in project management, consider obtaining your CAPM certification today.