CAPM Certification Course Fee

Understanding the different aspects of the CAPM course certification fee

A Certified Associate in Project Management (CAPM) certification will add value to your career, even if the cost seems to be a little steep at first look. Before you consider doing a CAPM certification, you should know about the different cost components involved.

CAPM Certification Cost Components

Professional certifications are important for career growth. Let us look at the components involved in getting a CAPM certification:

Cost #1: Examination Fee

The examination fee is a mandatory fee that you must pay online directly to PMI. If you are a PMI member, you pay $225 for the examination. If you are not a PMI member, you pay $300.

The annual membership fee for PMI is $129.

Cost #2: Re-Examination Fee

You get three attempts in a single year to pass the CAPM exam. The fee for the second and third attempts for members and non-members is $150 and $200.

Cost #3: Recertification Fee

The CAPM certification has a validity period of five years. You can choose to renew the certification before it expires, or afterward. The recertification fee for members and non-members is $150 and $200 if you renew the certificate before it expires.

Cost #4: Renewal Fee

If you do not renew your certification within five years, the certification process starts as a fresh process for you. In that case, the fee becomes $225 for members and $225 for non-members.

Cost #5: PMBOK Guide

The PMBOK guide is available as a free download for PMI members, but it is not printable. Both members and non-members can buy a printed copy from pmi.org or Amazon for $49.5 or $99.

Cost #6: Reference Books

It will cost you about $50 to buy a good reference book. You can check the prices online.

Cost #7: CAPM Training Cost

It may or may not be necessary for you to take 23 hours of formal training before the certification examination. The CAPM course fees are between $150 - $250.

Cost #8: Simulation Test Cost

If you want to take some practice questions before you appear for the actual exam, a good simulation test will be about $50 - $100.

Cost #9: Other Study Material

It will cost about $50 - $100 for any extra study material that you buy for better exam preparation.

Total CAPM Certification Cost

The total cost of CAPM certification will vary from person to person. Several factors decide the cost: the country you stay in, the type of training you undergo, the study aids you purchase, and so on. An indicative cost of CAPM certification is as follows:

Examination Fee (for PMI Members) $225
Membership Fee $129
PMBOK Guide $49.50
Reference Book $50
Training Fee $250
Simulation Test $60
Other Study Aids $100
Total $850

FAQs CAPM Certification

Now that you understand the different aspects of the CAPM certification, here are some questions you may be asking yourself:

 

The CAPM certification is costly when you factor in all the possible components involved. However, CAPM certified professionals typically earn $127,000 in the US, C$ 100,000 in Canada, and 9 lakh INR in India.

Apart from the good pay, you will also get an opportunity to network with and learn from experts in the field, be recognized by your peers, and become familiar with best practices for setting project guidelines.

Project Management Institute (PMI) provides accreditation for the CAPM certification. PMI is a global non-profit professional organization in the area of project management

The CAPM certificate is valid for a period of five years, and it expires at the end of the fifth year. You can get re-certified before it expires, in the fourth year and you will have 12 months to appear for the examination. The other option is to appear for the CAPM certification after five years, but this will be a fresh process.

The PMI membership is not mandatory, but you get certain benefits if you obtain membership. The certification examination is available to you at a reduced fee, and you are also able to download a soft copy of the PMBOK guide for free.

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Syllabus of CAPM Exam Prep Training Course

  • PMBOK®Guide processes and knowledge areas
  • Identifying key steps involved in a project lifecycle
  • Communicating in a PMBOK guide language
  • Preparing a detailed Project Management Plan that includes Project Charter, Scope Statement, Work Breakdown Structure, and more

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FAQs on CAPM Exam Prep

Who should take up the CAPM course?

Job roles that can benefit from CAPM Prep Course include, but are not limited to:

  • Associate Project Managers
  • Project Managers
  • IT Project Managers
  • Project Coordinators
  • Project Analysts
  • Project Leaders
  • Project Managers
  • Program Managers
  • Project Sponsors
  • Project Team Members

To be eligible for the CAPM certification, you must meet certain educational and professional requirements:

  • strong>Educational Background: Secondary diploma (high school diploma / global equivalent)
  • Project Management Experience: 1,500 hours of professional experience on a project team
  • Exam Type: Multiple choice
  • No Of Questions: 150 questions per paper: 135 scored, 15 unscored
  • Exam duration: 3 hours
  • Result: The passing score is determined through psychometric analysis
  • Type: Closed book exam

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