CAPM certification is the only credential for project managers who are greenhorns. It allows them to be one step ahead of others. The cost of CAPM Certification is a concern for many, as well as its ROI. We will be discussing the benefits and costs of CAPM Certification in this post.
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What is the CAPM credential?
CAPM stands for Certified Associate in Project Management. CAPM is a testimonial of your knowledge and best practices in project management. PMI is the most reputable Project Management Institute in the globe. PMI standards and certifications are highly sought-after. Therefore, it is important to understand the CAPM Certification cost before you jump into it. Although it may sound cliché, understand your CAPM Certification cost before you jump.
CAPM Eligibility Requirements
You must meet the following requirements to be eligible to appear for the CAPM.
Education: Secondary diploma – A high school diploma or global equivalent
Project Management Education: 23 hours formal project management education
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 your safe senders list to ensure you receive our emails. To be eligible for CAPM certification you must meet both the above conditions. CAPM Certification costs for 2 are waived. If you do not meet these requirements, you will need to pay for formal project management education provided by a CAPM Training Center provider. This means that the cost to get CAPM certification will be slightly higher.
Let’s now look at the cost of CAPM Certification.
What is the CAPM certification fee?
The cost of earning CAPM certification is comprised of the following components. Some are mandatory, others are optional.
Let’s start by explaining each CAPM Certification cost.
Exam Fee for CAPM Exam #1:
PMI must be paid online for the Exam Fee component of CAPM Cost. After you submit your application, you will receive a confirmation from PMI confirming that you have received the CAPM Certification cost. If you are not a PMI member, you will pay $300. Members pay $225. Remember that there is a reexamination fee if you fail to clear the exam the first time.
CAPM Exam #2: Membership Fee
Working professionals
The membership fee for CAPM is $139 for working professionals. This includes a $10 application fee. PMI requires that you pay an annual membership fee. Although it is not required for CAPM Certification, it will be a worthwhile investment. First, you save the exam fee.
Watch our video “What is CAPM(r), certification cost?”
As you can see, it costs only $225. If you do your math, that total is 225+139 = 364, which is significantly more than being a member. You can also download your PMBOK personal copy with membership. Nonmembers can purchase PMBOK – the paperback version for $65.95. You will also save money by networking with project managers, which will help you grow your career.
Student:
This category membership is available to students who are full-time students at a college or university. You are eligible for a higher discount because you are a student. This is your CAPM Certification Cost Factor of $32. Your total PMI fee is therefore $257
Training is the third cost of CAPM certification
The CAPM Certification cost includes the CAPM Training Course you attend or the CAPM training course you take. How can you get the best training for the lowest price?