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CAPM or PMP: Which Is Better?

Project Management is one of the fastest-growing professions around the world. Earning a project management certificate is not only a great way to build skills, position yourself as a valuable asset in your organization, and earn a bigger cheque, but also a great way to stay ahead of your peers. Two popular and in-demand certification options are the Project Management Professional (PMP) Certification and the Certified Associate in Project Management (CAPM) Certification. Both of these certifications are offered by Project Management Institute (PMI) and understanding the difference between these two certifications is critical to decide and choose the right course that fits your career goals.  In this blog, we will look into the differences between PMP and CAPM certification, including cost, difficulty levels, prerequisites, and industry demand; so, you can make an informed decision to fast-track your career towards success.CAPM vs PMP Certification: Which is Right for You?Before figuring out which course is right for you, let us start by understanding the differences. In simple terms, CAPM is considered as the beginner-level certification compared to PMP, which is a professional level course. Hence, the prerequisites required for CAPM are much lesser than PMP and the exam for CAPM is considered to be easier and less expensive as well. Having said that, PMP certification is better known, more prestigious, and highly likely to earn you a bigger paycheque.  The Certified Associate Project Management (CAPM)® will help you stand out from your competitors and enhance your effectiveness and credibility while working on different projects. On the other hand, the Project Management Professional (PMP)® certification course is a qualification that is recognized industry wide. Becoming a PMP will enhance your work methodologies in any industry, regardless of the complexity of the projects being handled. This course covers a wide range of techniques and tools necessary in project management. This will help increase your earning potential as well as your confidence in your work. Difference between CAPM and PMPCategoryCertified Associate Project Management (CAPM)®Project Management Professional (PMP)®Difficulty LevelEntry LevelProfessional LevelBenefitsGreat recognition by peers and project managers.Potential salary increasesSteppingstone to becoming a PMPGreater credibility and confidenceNew job opportunitiesPotential salary increasesWhat is examinedKnowledge of Project Management processes and understanding of terminologyKnowledge of Project Management and the ability to apply the same in real-life scenarios.CostRelatively cheaper, compared to PMPRelatively more expensive, compared to CAPMBenefits of the CAPM and PMP CertificationsBoth CAPM and PMP have their own set of benefits. Let us look into each one of them.  If you wish to acquire a CAPM certification, you should know that it will enhance your efficiency and is recognized to distinguish you from the others in the industry. Benefits of CAPM course include: Recognition of your success from a renowned professional body in the industry Respect from your peers and project management professionals Increased confidence in your abilities Career progression Possibility of receiving a higher salary at work Affordable compared to PMP certification If you have made up your mind about taking up the PMP certification, it will benefit you in the following ways:  Professional recognition from your peers as well as the industry as a whole Higher understanding and experience in project management process Higher salary compared to un-certified project managers Wider range of job opportunities Greater professional responsibility Greater recognition compared to CAPM certification Both these courses give you access to a range of professional resources and an international network of fellow certificate holders. Certified Associate Project Management (CAPM)®Project Management Professional (PMP)®Respect from your peers and project management professionalsHigher understanding and experience in project management process.Increased confidence in your abilitiesHigher salary compared to un-certified project managers.Career progressionWider range of job opportunitiesPossibility of receiving a higher salary at workGreater professional responsibilityAffordable compared to PMP certificationGreater recognition compared to CAPM certificationHow Difficult are the CAPM and PMP Certification Exams?Before understanding the difficulty of the exams, let us learn the similarities between CAPM and PMP exams.Both CAPM and PMP exams use a Guide To The Project Management Body Of Knowledge (PMBOK Guide) as a base for their exams, but these two exams are not similar.  Both exams follow the multiple-choice format of questions and are computer-based. Paper tests may be allowed in special circumstances.Both the exams have non-scoring questions. The participant would not know which questions are non-scoring and hence it is important to answer all the questions given in the exam.With the right training and guidance, both these exams can be cleared. KnowledgeHut provides exam guidance and mock tests to help aspirants nail their exam in one go (hyperlink CAPM and PMP pages from KH)CAPM vs PMP Exam RequirementsThere are fewer guidelines for CAPM exam compared to PMP as it is created for entry-level professionals who have minimal to no project management experience. On the other hand, PMP requires more time and effort and is designed for professionals who have experience in project management. Let us look at the requirements in detail. CAPM Certification: A Secondary degree (high school diploma, an associate degree, or equivalent that is globally accepted) 23 hours of project management education before writing the exam. To complete this requirement, you may want to consider an exam preparation course. For example, Certified Associate in Project Management (CAPM) certification prepares you for the exam as well as meets the education requirement. PMP Certification:  There are two routes to consider a PMP Certification. Option 1: Secondary Degree (high school diploma, associate degree, or global equivalent) 60 months of experience in leading projects. 35 hours of project management education or a CAPM certification. Option 2:  A four-year degree 36 months of experience in leading projects. 35 hours of project management education or a CAPM certification. PMI will waive off the 35-hour education requirement for the PMP exam if you are an active CAPM certification holder.CAPM vs PMP Exams: What to Expect Like mentioned earlier, there are many similarities between CAPM and PMP exams. Both follow the PMBOK Guide and are designed by PMI and administered by Pearson VUE. Both exams cover a few of the same topics and neither exam allows reference material during the test. But there are some unique features to each of these exams. They are: CAPM vs PMP ExamCAPM ExamPMP ExamExam Components150 multiple-choice questions180 questions including multiple-choice, multiple response, matching, hotspot, and limited fill-in-the-blanksExam Time Limit3 hours or 180 minutes3 hours and 50 minutes or 230 minutes.Exam ContentCovers chapters from 1 to 13 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide)  Covers three domains: People, Process, and Business Environment. Use the PMP Examination Content Outline provided by PMI to prepare.  Non-scoring questions15 questions25 questionsFormat of examMultiple choiceMultiple choiceMethod of examComputer-basedComputer-basedPMP vs CAPM: Roles and Responsibilities in Real WorldThe real understanding of either of these certifications happens when you understand their real-world applications. After all, certifications are a means to a better career and if they do not meet your expectations, you should reconsider your choices.  CAPM will give you a chance to start with entry-level project management roles. Assistant project manager, project coordinator, junior business analyst are some positions you would be qualified for. In these roles, you would be applying your coordinating skills, scheduling meetings, and creating an effective platform for communication.  However, if you are someone with considerable technical experience, the CAPM certification will pave the way for a leadership position, which in turn can lead to a full-time project management position.  With a PMP certification, the scenario is slightly different. You will be qualified for full-time project management roles where you will deal with different projects of all sizes and complexities. Project manager, program manager, project controller are some roles in your reach with this certification. You will be expected to lead large projects to their success on time and within budget. Once you are at the PMP level, your performance expectations are high, and it is assumed that you come with a great project management history. Since we are on this topic, it is important to understand that a single certification is only a section of what qualifies you for a given role. Enterprises will also look into your account experience, overall performance, communication skills, leadership capabilities, and other important variables while hiring. To put it in simpler words, a PMP certification will imply that you are excellent when it comes to understanding and implying project management principles in real-world situations whereas, a CAPM certification will imply that you have a good grasp of conceptual understanding of project management principles. With this outlook, it is easier to understand why PMP has a higher level of demand and why PMPs are placed into roles with higher responsibilities. Can you convert a CAPM to PMP?You might think if converting a CAPM to PMP is possible. Since the CAPM is the first level on your PM journey, it does serve as the steppingstone to a PMP certification. While you cannot upgrade a CAPM to a PMP, obtaining a CAPM certification will definitely help you pursue a PMP certification. You will be able to add the project management education hours you gained while preparing for CAPM to your PMP exam prerequisite. But you cannot upgrade your CAPM certificate to a PMP certificate without sitting for and passing the PMP exam as well. If you are just beginning your career in project management, a CAPM certification can be a great step towards becoming a PMP and successfully shaping your career, with higher pay and recognition as a project manager.   Conclusion To wrap things up, we have discussed the differences, similarities, and prerequisites of each of these courses. Both PMP and CAPM certifications can add value to an aspiring project manager's career.  If you are someone just starting out in the project management field, CAPM is a recommended course as it is an entry-level certification. But on the other hand, if you have the necessary experience in the project management field, PMP should be your go-to course to enhance your career, as CAPM would do little for you from a development perspective in your career. Both these certifications have their own list of pros and cons. They are both highly recognized certifications and as a certification-seeker, you need to make your choice based on what you are eligible for and what your end goal is. What will you decide? 

CAPM or PMP: Which Is Better?

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CAPM or PMP: Which Is Better?

Project Management is one of the fastest-growing professions around the world. Earning a project management certificate is not only a great way to build skills, position yourself as a valuable asset in your organization, and earn a bigger cheque, but also a great way to stay ahead of your peers. 

Two popular and in-demand certification options are the Project Management Professional (PMP) Certification and the Certified Associate in Project Management (CAPM) Certification. Both of these certifications are offered by Project Management Institute (PMI) and understanding the difference between these two certifications is critical to decide and choose the right course that fits your career goals.  

In this blog, we will look into the differences between PMP and CAPM certification, including cost, difficulty levels, prerequisites, and industry demand; so, you can make an informed decision to fast-track your career towards success.

CAPM vs PMP Certification: Which is Right for You?

Before figuring out which course is right for you, let us start by understanding the differences. In simple terms, CAPM is considered as the beginner-level certification compared to PMP, which is a professional level course. 

Hence, the prerequisites required for CAPM are much lesser than PMP and the exam for CAPM is considered to be easier and less expensive as well. Having said that, PMP certification is better known, more prestigious, and highly likely to earn you a bigger paycheque.  

The Certified Associate Project Management (CAPM)® will help you stand out from your competitors and enhance your effectiveness and credibility while working on different projects. 

On the other hand, the Project Management Professional (PMP)® certification course is a qualification that is recognized industry wide. Becoming a PMP will enhance your work methodologies in any industry, regardless of the complexity of the projects being handled. This course covers a wide range of techniques and tools necessary in project management. This will help increase your earning potential as well as your confidence in your work. 

Difference between CAPM and PMP

CategoryCertified Associate Project Management (CAPM)®Project Management Professional (PMP)®
Difficulty LevelEntry LevelProfessional Level

Benefits
  • Great recognition by peers and project managers.
  • Potential salary increases
  • Steppingstone to becoming a PMP
  • Greater credibility and confidence
  • New job opportunities
  • Potential salary increases
What is examinedKnowledge of Project Management processes and understanding of terminologyKnowledge of Project Management and the ability to apply the same in real-life scenarios.
CostRelatively cheaper, compared to PMPRelatively more expensive, compared to CAPM

Benefits of the CAPM and PMP Certifications

Both CAPM and PMP have their own set of benefits. Let us look into each one of them.  

If you wish to acquire a CAPM certification, you should know that it will enhance your efficiency and is recognized to distinguish you from the others in the industry. Benefits of CAPM course include: 

  • Recognition of your success from a renowned professional body in the industry 
  • Respect from your peers and project management professionals 
  • Increased confidence in your abilities 
  • Career progression 
  • Possibility of receiving a higher salary at work 
  • Affordable compared to PMP certification 

If you have made up your mind about taking up the PMP certification, it will benefit you in the following ways:  

  • Professional recognition from your peers as well as the industry as a whole 
  • Higher understanding and experience in project management process 
  • Higher salary compared to un-certified project managers 
  • Wider range of job opportunities 
  • Greater professional responsibility 
  • Greater recognition compared to CAPM certification 

Both these courses give you access to a range of professional resources and an international network of fellow certificate holders. 

Certified Associate Project Management (CAPM)®Project Management Professional (PMP)®
Respect from your peers and project management professionalsHigher understanding and experience in project management process.
Increased confidence in your abilitiesHigher salary compared to un-certified project managers.
Career progressionWider range of job opportunities
Possibility of receiving a higher salary at workGreater professional responsibility
Affordable compared to PMP certificationGreater recognition compared to CAPM certification

How Difficult are the CAPM and PMP Certification Exams?

Before understanding the difficulty of the exams, let us learn the similarities between CAPM and PMP exams.

  • Both CAPM and PMP exams use a Guide To The Project Management Body Of Knowledge (PMBOK Guide) as a base for their exams, but these two exams are not similar.  
  • Both exams follow the multiple-choice format of questions and are computer-based. Paper tests may be allowed in special circumstances.
  • Both the exams have non-scoring questions. The participant would not know which questions are non-scoring and hence it is important to answer all the questions given in the exam.
  • With the right training and guidance, both these exams can be cleared. KnowledgeHut provides exam guidance and mock tests to help aspirants nail their exam in one go (hyperlink CAPM and PMP pages from KH)

CAPM vs PMP Exam Requirements

There are fewer guidelines for CAPM exam compared to PMP as it is created for entry-level professionals who have minimal to no project management experience. On the other hand, PMP requires more time and effort and is designed for professionals who have experience in project management. Let us look at the requirements in detail. 

CAPM Certification: 

  • A Secondary degree (high school diploma, an associate degree, or equivalent that is globally accepted) 
  • 23 hours of project management education before writing the exam. To complete this requirement, you may want to consider an exam preparation course. For example, Certified Associate in Project Management (CAPM) certification prepares you for the exam as well as meets the education requirement. 

PMP Certification:  

There are two routes to consider a PMP Certification. 

Option 1: 

  • Secondary Degree (high school diploma, associate degree, or global equivalent) 
  • 60 months of experience in leading projects. 
  • 35 hours of project management education or a CAPM certification. 

Option 2:  

  • A four-year degree 
  • 36 months of experience in leading projects. 
  • 35 hours of project management education or a CAPM certification. 

PMI will waive off the 35-hour education requirement for the PMP exam if you are an active CAPM certification holder.

CAPM vs PMP Exams: What to Expect 

Like mentioned earlier, there are many similarities between CAPM and PMP exams. Both follow the PMBOK Guide and are designed by PMI and administered by Pearson VUE. Both exams cover a few of the same topics and neither exam allows reference material during the test. But there are some unique features to each of these exams. They are: 

CAPM vs PMP ExamCAPM ExamPMP Exam
Exam Components150 multiple-choice questions180 questions including multiple-choice, multiple response, matching, hotspot, and limited fill-in-the-blanks
Exam Time Limit3 hours or 180 minutes3 hours and 50 minutes or 230 minutes.
Exam ContentCovers chapters from 1 to 13 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide)  Covers three domains: People, Process, and Business Environment. Use the PMP Examination Content Outline provided by PMI to prepare.  
Non-scoring questions15 questions25 questions
Format of examMultiple choiceMultiple choice
Method of examComputer-basedComputer-based

PMP vs CAPM: Roles and Responsibilities in Real World

What does a CAPM or a PMP do?

The real understanding of either of these certifications happens when you understand their real-world applications. After all, certifications are a means to a better career and if they do not meet your expectations, you should reconsider your choices.  

CAPM will give you a chance to start with entry-level project management roles. Assistant project manager, project coordinator, junior business analyst are some positions you would be qualified for. In these roles, you would be applying your coordinating skills, scheduling meetings, and creating an effective platform for communication.  

However, if you are someone with considerable technical experience, the CAPM certification will pave the way for a leadership position, which in turn can lead to a full-time project management position.  

With a PMP certification, the scenario is slightly different. You will be qualified for full-time project management roles where you will deal with different projects of all sizes and complexities. Project manager, program manager, project controller are some roles in your reach with this certification. You will be expected to lead large projects to their success on time and within budget. Once you are at the PMP level, your performance expectations are high, and it is assumed that you come with a great project management history. 

Since we are on this topic, it is important to understand that a single certification is only a section of what qualifies you for a given role. Enterprises will also look into your account experience, overall performance, communication skills, leadership capabilities, and other important variables while hiring. 

To put it in simpler words, a PMP certification will imply that you are excellent when it comes to understanding and implying project management principles in real-world situations whereas, a CAPM certification will imply that you have a good grasp of conceptual understanding of project management principles. 

With this outlook, it is easier to understand why PMP has a higher level of demand and why PMPs are placed into roles with higher responsibilities. 

Can you convert a CAPM to PMP?

You might think if converting a CAPM to PMP is possible. Since the CAPM is the first level on your PM journey, it does serve as the steppingstone to a PMP certification. 

While you cannot upgrade a CAPM to a PMP, obtaining a CAPM certification will definitely help you pursue a PMP certification. You will be able to add the project management education hours you gained while preparing for CAPM to your PMP exam prerequisite. But you cannot upgrade your CAPM certificate to a PMP certificate without sitting for and passing the PMP exam as well. 

If you are just beginning your career in project management, a CAPM certification can be a great step towards becoming a PMP and successfully shaping your career, with higher pay and recognition as a project manager.   

Conclusion 

To wrap things up, we have discussed the differences, similarities, and prerequisites of each of these courses. Both PMP and CAPM certifications can add value to an aspiring project manager's career.  

If you are someone just starting out in the project management field, CAPM is a recommended course as it is an entry-level certification. But on the other hand, if you have the necessary experience in the project management field, PMP should be your go-to course to enhance your career, as CAPM would do little for you from a development perspective in your career. 

Both these certifications have their own list of pros and cons. They are both highly recognized certifications and as a certification-seeker, you need to make your choice based on what you are eligible for and what your end goal is. 

What will you decide? 

KnowledgeHut

KnowledgeHut

Author

KnowledgeHut is an outcome-focused global ed-tech company. We help organizations and professionals unlock excellence through skills development. We offer training solutions under the people and process, data science, full-stack development, cybersecurity, future technologies and digital transformation verticals.
Website : https://www.knowledgehut.com

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Project Manager Salary Guide 2022

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Best Project Management Certifications in 2022

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This shows the importance of risk management and the emphasis organizations place on qualified risk managers.Benefits of getting PMI-RMP certifiedApply risk management practices for greater competitive advantageIdentify and measure risks in project development and implementationQuantify and create risk response strategies to deliver products that meet stakeholder expectationsUse a proactive and focused approach to preventing problems, rather than dealing with them once they occurIncrease your visibility within the companyAim for greater career growthEarn salaries upto $115,931Top companies that hire PMI-RMP professionalsWhere to take training for certification: Aspirants must train from an Authorized Training Partner (ATP) of PMI.Who should take the training for certificationRisk ManagersRisk Management ProfessionalsProject ManagersProject SponsorsProgram ManagersProject EngineersProject CoordinatorsPlanning ManagersPlanning EngineersProject Cost Control EngineersQuantity SurveyorsCivil EngineersIT Project ManagersProduct ManagersProject AnalystsBusiness AnalystsProject LeadersProject Co-ordinatorsTeam LeadersTeam MembersEligibilityTo apply for the PMI-RMP® Credential, you need to possess a:Secondary degree (high school diploma, associate’s degree, or the global equivalent)4,500 hours of project risk management experience40 hours of project risk management educationORFour-year degree (bachelor’s degree or the global equivalent)3,000 hours of project risk management experience30 hours of project risk management educationExam FormatNo of questions: 170 questions Type: Multiple ChoiceTime: 3.5 hoursDuration to get certifiedApplication fee: For PMI membership: USD $ 129 plus USD $10 for application fee.Course fee for certification: INR12999, USD 999Exam fee for certificationIn U.S.Member: $520Non-member: $670Retake fee for certificationMember: $335Non-member: $4354. PRINCE2® Foundation/PRINCE2 PractitionerThe PRINCE2 (PRojects IN Controlled Environments) Foundation and Practitioner credentials are sought-after offerings from AXELOS. There are a number of credentials offered under PRINCE2 that make it suitable for a wider audience. Axelos keeps the PRINCE2 curriculum regularly updated with the latest industry advances, which makes it suitable for new age project management and intensive, demanding projects.  PRINCE2 Demand: PRINCE2 extends its applicability across industries and sectors. This makes it very popular in the market as it is a one size fits all model. Although PRINCE2 was founded in the UK, it has now firmly established its presence in industries across the world. According to a report in LinkedIn, PRINCE2 is the most popular project management methodology. A professional adept at PRINCE2 and holding the credential is highly valuable and sought after by organizations implementing PRINCE2 for their projects.  Benefits of getting PRINCE2 certifiedGuide projects in their entiretyTailor PRINCE2 to suit the needs of projects and organizationsValidate your commitment to continued excellence and quality Master and demonstrate your proficiency of the PRINCE2® framework Gain project management best practices and grow your career with confidence Work across projects in diverse sectors and industriesShow your ability to work in challenging work environments Command higher salaries (upto $99,012 average) than your non-certified peers Top companies that hire PRINCE2 professionalsShellBPTranspower New ZealandIBMHPAquasoftGetronicsSiemensWhere to take training for certification: Aspirants must undertake training from a Certified Partner of AXELOS and an accredited training organization (ATO) with PeopleCert®.Who should take the training for certification?Project ManagersProject CoordinatorsProject AnalystsProject LeadersProduct ManagersProgram ManagersProject SponsorsTeam LeadersSenior Responsible OwnersProduct Delivery ManagersBusiness Change AnalystsProject and Programme Office PersonnelOperational Line ManagerAnyone who wishes to build up knowledge in project management EligibilityThere are no eligibility requirements for the PRINCE2® Foundation certification exam. To qualify for the PRINCE2 Practitioner exam, you must have at least one of the following certifications: PRINCE2® Foundation or higher (applicable only to certificates obtained after 1 January 2009) Project Management Professional (PMP)® Certified Associate in Project Management (CAPM)® IPMA Level A® (Certified Projects Director) IPMA Level B® (Certified Senior Project Manager) IPMA Level C® (Certified Project Manager) IPMA Level D® (Certified Project Management Associate) Project Management Qualification (PMQ) Project Professional Qualification (PPQ) Exam FormatFoundation ExamDuration: 60 minutes (1 hour) Questions: 60 Multiple choice questions Pass mark: 33 out of 60 available, or 55% Use of textbook: No, it’s a closed book examPractitioner Exam Duration: 150 minutes (2.5 hrs) Questions: 68 Objective type questions Pass mark: 38 out of 68 available, or 55% Use of textbook: Yes, but only the official PRINCE2® manual is permitted. Duration to get certifiedYou will need to attend 32-hours of PRINCE2® Foundation and Practitioner training from an ATO of AXELOS and PeopleCert®, following which you will be required to take the exams to demonstrate your knowledge of PRINCE2 and get certified. The results of your tests are issued within 2 business days from the date of your exam.  Course fee for certification: USD 1999Exam fee for certification: Included in course fee5. PgMP®: Program Management Professional (PgMP)® Certification TrainingAnother project management from the PMI, this credential is more advanced than the PMP and certifies the holder’s ability to manage complex projects that cover functions, organizations, cultures and geographies. The credential mandates holders to be proficient in the six prime focus areas: Governance, Prioritization, Escalation, Resource Management, Benefits Realization, and Stakeholder Management.PgMP Demand: Credentials from the PMI are known for their rigorous standards and testing, which is why they are well accepted in industries across sectors. PgMP holders are better able to promote integration and coordination of multiple projects for the overall benefit of the program. According to PMI’s 2015 Pulse of the Profession® report, an organization’s projects are far more successful with program management than without it — 76 percent compared to 54 percent. This further compounds the demand for PgMP professionals. Benefits of getting PgMP certifiedGet in-depth knowledge of tools and techniques to handle complex multiple related projectsUnderstand Program Lifecycle and its processes, competencies, tools and techniques with practical sample templatesLearn to implement large-scale programs to align with business strategyOpen yourself to lucrative job opportunities and leadership rolesWork in projects across geographiesEarn high salaries, upto $139,000 on averageTop companies that hire PgMP professionalsAmazonGoogleMicrosoftCognizantCapgeminiDeloitteJP Morgan ChaseErnst & YoungWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI®Who should take the training for certificationTeam LeadsSponsorsProject DirectorsProgram ManagersPortfolio Managers  Project Management Office (PMO) HeadsEligibilityA Four-year Degree (Bachelor's or Global equivalent), with at least four years of Project Management experience and four years of Program Management experience.ORA Secondary Diploma (High school or Global equivalent), with at least four years of Project Management experience and seven years of Program Management experience. Exam FormatNo of questions: 170 multiple-choice, of which 20 are considered pretest questions which are not scored.Question type: Most questions are scenario based and test a professional's understanding and clarity of thoughts on different Program Management concepts.Time: 4 hoursDifficulty level: DifficultDuration to get certified: You have to complete your 24 hours of training from an Authorized Training Partner (ATP) of PMI. Make a study plan and stick to it religiously. The PgMP is considered to be more difficult than the PMP and requires a fair bit of preparation. Once you pass the 4-hour exam you will be PgMP certified.  Course fee for certification: INR 13,999; USD 1199Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationIn IndiaMember: ₹46,338.00Non-member: ₹77,230.00In U.S.Member: $800Non-member: $1000Retake fee for certificationMember: $600Non-member: $8006. PMI-ACPPMI-ACP Demand: Agile is a fairly new concept in the context of product development. Though organizations reap immense benefits by adopting Agile, the road to transformation can often turn out to be expensive if not well executed. PMI-ACP professionals are therefore in huge demand as they can bring in project management best practices in Agile environments and ensure project success.  Benefits of getting PMI-ACP certifiedThe shortage of Project Managers has increased job opportunities in the Agile environmentYou will qualify for Agile jobs with expertise in Agile methods like Scrum, FDD, Kanban, etc. which are in demand in the industryEarn salaries in the range of $108,000 on an averageEquips you with knowledge of various Agile methodsMakes you more marketableTop companies that hire PMI-ACP professionalsStandard CharteredOracleIBMVMWareSource: IndeedWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI® Who should take the training for certification?Project ManagersProject PlannersQuality Assurance StaffDevelopers/ProgrammersDesigners, TestersProject ControllersProduct OwnersScrum MastersScrum Team MembersEligibilityTo apply for the PMI-ACP®, candidates must meet the following requirements:1. General Project Experience2000 hours of working on project teams within the last 5 years or having an active PMP®/PgMP® credential2. Agile Project Experience1500 hours of working on Agile Project Teams or with Agile Methodologies, in addition to “General Project Experience” above;3. Training in Agile Practices21 contact hours earned in Agile PracticesExam FormatNo of questions: 120 MCQ, of which 20 are pre-testDuration: 3 hoursDuration to get certified: Once you complete the course, you need to schedule the exam date. Exam applications have to be submitted and approved by PMI. Online applications m ay take upto five business days to get processed. Once your application is processed, you can schedule your exam date, and on passing receive the PMI-ACP credential.Course fee for certification: INR 10,999, USD 1099Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationFor members: $435Non-members: $495Retake fee for certificationMembers: $150Non-members: $200SummaryProject Management is among the most sought after job roles, not only in the tech industry but any industry that executes and manages projects. By 2027, 88 million individuals will need to be skilled in project management-oriented roles. This makes it among the hottest job trends in the coming years, and a credential will go a long way in helping you capitalise on this trend.
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Best Project Management Certifications in 2022

While nothing can replace industry work experience... Read More

Project Management: What’s Trending in 2022

Project management is the practice that is used to initiate, design, execute, control, and close a team's work in order to reach specific objectives and fulfil specific success criteria at the specified time. The main challenge of project management is to achieve all project objectives within the given limits.A decade ago, managing projects was difficult and challenging. It was difficult to set clear goals with less project management tools and projects were being managed by smaller teams with simpler projects.Fast forwarding to 2022, the scenario is completely different as Project Management seems like a phoenix rising from the ashes. The teams are no longer small, nor are the tasks, and the goals are defined with a proper system.The project management industry is quickly evolving, keeping pace with advanced technologies, tools, and the latest trends.Today, we will discuss the top 5 Project Management global trends in 2022.1. Artificial Intelligence (AI) & Automation Will Impact ProjectsArtificial Intelligence has had a very positive impact on projects. According to a PMI report, software development, aerospace, healthcare and financing all implement Artificial Intelligence in their way of managing projects.The first thing project managers need to do is take AI into account in project management and then learn how to utilize it for successfully completing projects.Using AI in automating data will make it easier to handle projects than before. Moreover, you can form positive business relationships with your team members and clients, resulting in proper coordination and transparency.It’s quite common to witness poor estimates and unknown external factors pushing the deadline. Artificial intelligence can calculate the duration, cost and progress of a project properly and predict realistic project schedules.2. More Project Managers Will Incorporate Hybrid Project ManagementEvery project is created differently and differs in methodology and execution. No wonder the concept of hybrid project management is becoming increasingly popular and with every passing day, many Project managers and Scrum masters are combining more than one methodology.According to PMI reports, Hybrid project management aims to combine standard project management techniques with the agile methodology.When the hybrid model, such as combining a traditional approach is implemented with an Agile process, team members from different points of view and work styles will collaborate and achieve more flexibility, dedication, and productivity in their own way.Project managers are inclining to this flexible approach of projects in the current year. A combination of agile and traditional methodologies is best suited in a multi-project environment, where complex parts are executed using agile, and a traditional method is used for the simpler parts.3. Managing Projects Will Become Easier with Emotional Intelligence (EI)It seems strange, but project success is related to humans understanding and realizing emotions. How? According to PMI.org emotional intelligence can strongly predict performance no matter what job you do. It allows clients, team members, sponsors and management to interact with each other with clarity, handle challenges efficiently and make committed choices to act strategically and swiftly. EI is now an essential technology for a successful business outcome.Understanding the emotions of the team members and dealing with different personalities ensures that the project keeps progressing at a smooth and constant pace. This is an invaluable leadership ability for project managers around the world.Therefore, it becomes more important than ever to learn about emotional intelligence and what drives people to predict future project success.4. Remote Working is on the RiseThe trend of working remotely is now extremely common and this will go on in future too. There are a lot of advantages when people work remotely. It offers more flexibility and saves a lot of time as you don’t need to travel to your workplace. The costs to the project and company get further reduced leading to the development of talent. According to the results of a survey by Wrike, 83% of respondents work remotely every day for at least one to two hours. 43% of them reported that they work remotely now, more than they did a couple of years ago.When working remotely, projects will be managed by:Setting up daily, stand-up meetings and calls to stay updated on the progressHaving your team members keep you updated on any project changes or updatesUsing online collaboration tools such as Microsoft Planner to collaborate with team members and never miss out on any changes or updatesDoing quarterly individual assessments in a yearThe future of project management will witness a steep rise in next-gen project managers, project management offices, and more focus stepping up cybersecurity. Project managers should pay attention to these trends to successfully lead their teams.5. More Jobs Will be Available for Project ManagersProject managers are involved in every possible industry. According to ‘The Project Management Institute (PMI) report’ last year, the project management labour force is predicted to grow by 33 percent in over 11 countries by 2027. There will be a wide range of jobs for project management and these are estimated to grow over the next 10 years. Some of them are in industries like: Management and Professional ServicesManufacturingFinance and InsuranceInformation Services and PublishingConstructionUtilitiesOil and GasBy 2027, nearly 88 million professionals will be required in project management-oriented roles. The first in the race to hire are China and India forming more than 75 percent of the total project management-oriented employment.The report further stresses that project managers are key in delivering successful projects and products. Acting otherwise can potentially create a loss of nearly US$208 billion in GDP over the 10 years in the 11 countries examined.With the new trends of 2022, project management will be playing a major role in fastening product development with its new technologies, and in turn, increasing workflow efficiency. Owing to its exponential growth, multiple job opportunities will be created, and staying on top of the latest trends will give one the leverage to make the most of such changes.
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Project Management: What’s Trending in 2022

Project management is the practice that is used to... Read More