Difference between CaPM and PMP

Hello and welcome to ExamsPM. So you want to make a career in project management, but you're not sure which certification should you go for, CAPM or PMP. Today in this video, we will be covering the differences between both these certifications so that you can decide on your own which certification is best for you and which certification are you eligible for. So let's get started. Now before we get started and go ahead in digging into the differences between both the certifications, let's have a look at a few of the most commonly asked questions about the certifications. Some of the most commonly asked questions are, am I eligible for CAPM? For how long is this certification valid? Can I go for both CAPM and PMP? Which one's better for me, CAPM or PMP? Now all these questions will be answered in the video, so keep watching the video so that you can answer all these questions for yourself. What is CAPM? CAPM stands for Certified Associate in Project Management, along with PMP. This is one of the most recognized certifications in the field of project management, and it is provided by PMI, which is Project Management Institute. Now, the Project Management Institute is a world's leading professional membership association for project, program, and portfolio management profession. So if you're looking for a profession in portfolio management, then you— this certification can definitely help you. The certifications and the questions which— that you will be getting in CAPM and PMP will be based on PMBOK, which is provided by PMI. It stands for Project Management Body of Knowledge. It is a guide provided by PMI, and the questions are based on PMI. Now, the Certified Associate in Project Management is an entry-level certification for project management professionals. It has 150 multiple choice questions, and these questions are to be answered in just 3 hours. You can select any of the registered testing centers like Prometric centers in USA. And the exam fee for PMI members is US$325. If you go for CAPM certification and you're a part of PMI, then you can give it a try at US$225. But if you're not a part of PMI, then you will have to pay US$300. And this certification is valid for 5 years. The eligibility criteria for CAPM says that you should have a secondary diploma, high school diploma, or global equivalent. And you should have, have either project experience, project management experience, which includes 1,500 hours of involvement in professional experience in a project team, or you can have 23 contact hours of formal education. Now, what is Project Management Professional certification? This certification is one of the most industry-recognized certifications for project managers. It is, as I said, is based on PMBOK, which is a guide, Project Management Body of Knowledge. Now, this certification is valid for 3 years, and once you hold a PMP certification, then you will have to earn PDUs, and that's a professional development unit. If you wish to find out more about it, then you can go to the next video, which is about what PDUs are and what is the role of PDUs in PMP. The exam fee for PMP for a non-member is $555, but if you are a PMI member, then you will just have to pay $405, and you can get, uh, the Project Management Professional application filled up. The eligibility criteria for PMP is you must have a secondary degree with minimum 5 years of professional management experience. So they basically count in months, so you should have approximately 60 months as a project management professional, then 7,500 hours spent in leading and directing the projects, and 35 hours of project management education. Or if you do not have that, then you should at least have a 4 4-year degree. Then you should have 36 months of professional project management experience. Along with that, you should have 4,500 hours of leading and directing projects. And then the project management education hours remain the same, and it has to be 35 hours. Now, all this eligibility criteria is mentioned in the PMI Handbook as well, so you can find it out there and it has been described in a very well-formatted manner there. Now if you're looking for the steps to apply for the CAPM or PMP certification, and if you already know which certification you're going to go for, then you just have to follow the steps which are given in the on the link on the bio. You just have to click on that link and go ahead with the application process. And all the best, guys. And if you are still thinking, then stop thinking and start preparing now. If you just want to get certified in just 6 weeks, then you will have to click on Start for Free button on the ExamsPM website. Just go and type in Examspm on Google and you'll get the website link. Go there and sign up for our free training classes and then jumpstart your certification process. Thank you.