In the world of unlimited work and tasks, project management has proved a boon for industries of every sector. Many stats say that companies that are implementing project management wisely can achieve a better growth rate than those companies that have not implemented it yet. Project management helps complete the company’s task successfully that too within budget and allotted time. It is also a fact that only 2.5 % of companies can successfully achieve their 100% project goals! It is all because of the lack of proper project management. Therefore without proper project management, one can face the problem of not having the project tasks completed on time. So there is a high demand for skilled project managers who are certified with any reputed certification like CAPM Certifications, and other courses.
Good project management can help save money and time. It can also help make better business decisions and can improve internal communication between stakeholders, team members, and other people within an organization. So good project management is more than tasks, time limits, and budgets as it is very important for stronger business results and happier employees. It also helps you set your project from being out of the scope as almost all the projects are multi-faceted and complex, that require careful planning, monitoring, and organizing. Here comes the vital role of project management that can deliver stellar results while staying within the project constraints.
In this article, we will make you familiar with the CAPM certification that can help land your career as a project manager.
What is Project Management?
Project management is known as the application of processes that involves specific theoretical and practical knowledge, experience, skillset, methods, tools, and techniques in order to deliver something of value to people. It helps achieve specific project objectives according to the project acceptance criteria within agreed parameters. In other words, Project Management is all about people getting things done. At its most fundamental, project management defines the reason why a project is necessary. It helps prepare a business case to justify the investment.
Good project management can capture project requirements, estimate resources, and timescales, and specify the quality of the deliverables.
Project management is used to lead the work of a team to achieve all project goals within the given time and budget. It helps create and execute the project plan and applies interpersonal and managerial skills to the process of successfully completing the project according to stated requirements.
The whole project of any organization is done in phases to improve quality and control. So a project is broken down into many stages that too with a specific deliverable and done in a specific manner and sequence. Therefore good project management is always required at each and every level of the project to reach the target. So, skilled and experienced project managers are required to achieve the target and get sure success for project work. Let us have a look at CAPM certification that is a crucial part of a journey to become a successful project manager.
What is CAPM Certification?
CAPM stands for Certified Associate in Project Management. It is offered by PMI (Project Management Institute) which is a leading worldwide organization in project management. This is an entry-level certification, specially designed for less experienced professionals and project practitioners. In other words, CAPM is a credential that can prepare candidates for entry-level project management positions. It helps them learn fundamental skills and provides them with a deep knowledge of project management processes. Achieving this certification can be the first step done towards landing a career in this domain.
This CAPM certification is considered as an asset that will distinguish you in the job market and can increase your credibility and effectiveness with project teams.
Cost For CAPM- The cost for this certification is different for PMI members and non-PMI members. PMI members have to pay $225 for this certification and non-PMI members have to pay $300. You can take the exam according to your convenience at your home or office as it is online.
Prerequisites for CAPM- Following are the requirements in order to take the CAPM exam.
- Any high school diploma (secondary degree), GED, associate’s degree, or any other global equivalent.
- 1500 hours of project experience or 23 hours of project management education which must be completed before the time of the exam.
- CAPM certification holders are required to earn at least 15 PDUs every three years to maintain the certification.
This exam consists of 150 multiple choice questions and you have to complete all these in a time limit of three hours. The CAPM exam is based on PMI’s project management framework mentioned in the PMBOK (Project Management Body of Knowledge) guide.
Topics Covered By CAPM Certification
Through CAPM certification, professionals can learn topics such as Project management processes, Project and organization lifecycle, project integration management, Project Scope Management, Quality Management, Time and cost management, Project risk management, Human resource management, Procurement Management, Stakeholder management, Communications management, etc. These topics can help you understand project management better in a real-time scenario.
Benefits of CAPM Certification
The CAPM certification can be a ladder that can help you climb the corporate levels quickly if you are eager to earn credibility as an aspiring project manager by learning desired knowledge. It helps employers find the professionals most eligible for specific roles in their organization as this certification validates the candidate’s experience and knowledge as well as their soft skills to take on the critical responsibilities.
CAPM can also help you launch your career as you step forward into new roles and increased responsibilities in an organization. It can provide you with many global opportunities as it is recognized as one of the most popular global certifications in this domain. Therefore professionals can get higher and attractive salaries achieving CAPM certification as it can increase an individual’s salary by 25%.
So if some want to start a career in the project management field, then this CAPM certification can be a milestone in the journey of becoming a successful project manager. Start preparing today!
