CAPM Certification Cost Explained (2023)
Are you considering a career in project management and looking to boost your credentials?
The Certified Associate in Project Management (CAPM) certification might be your perfect stepping stone! CAPM is a globally recognized entry-level certification offered by the Project Management Institute (PMI) that validates your understanding of fundamental project management principles and processes.
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. However, you should know the various cost components before considering a CAPM certification.
Today, we will delve into the significance of the CAPM certification, highlighting why it's a worthy investment for your professional growth and knowing the CAPM certification cost.
Breaking Down the CAPM Exam Cost Components
We will review the cost breakdown of obtaining your CAPM certification, as well as any costs of recertification. This will help professionals determine if the certification and subsequent upkeep make sense for your budget. Let us look at the components involved in getting a CAPM certification:
Cost #1: Examination Fee
The CAPM certification exam cost is a mandatory fee that you must pay online directly to PMI. You pay $225 for the examination if you are a PMI member. 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 PMI Members is $150 and for non-PMI members, the fee is $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 PMI 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 both members and non-members.
Cost #5: PMBOK®Guide - Sixth Edition
The PMBOK®Guide - Sixth Edition 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.
Don’t miss out! Secure your spot today for the CAPM course at Invensis and propel your career forward!
Understanding the CAPM Certification Cost
The total cost of CAPM certification will vary from person to person. Several factors decide the cost: the location you stay in, the 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 - Sixth Edition | $49.50 |
| Reference Book | $50 |
| Training Fee | $250 |
| Simulation Test | $60 |
| Other Study Aids | $100 |
| Total | $850 |
Final Thoughts
The CAPM certification cost is a worthwhile investment for individuals seeking to establish a career in project management. While it may involve various expenses, the benefits of becoming a Certified Associate in Project Management far outweigh the initial financial outlay. The certification enhances your credibility and expertise in the field and opens up many career opportunities across diverse industries and geographical locations.
Explore Popular FAQs on PMI CAPM Certification Cost
The cost of the CAPM certification varies depending on whether you are a PMI member. As of 2023, the exam fee for PMI members is approximately USD 225, while non-members must pay around USD 300.
CAPM certification holders need to renew their certification every five years. As of 2023, the renewal fee for PMI members is approximately USD 60, while non-members must pay around USD 150 for the renewal process.
The CAPM certification is valid for five years from the date you pass the exam. To maintain your certification beyond the initial validity period, you must earn Professional Development Units (PDUs) by participating in project management activities and continuing education. These PDUs demonstrate your commitment be updated with industry trends and best practices.
As of 2023, the current exam fee for the CAPM certification is approximately USD 225 for PMI members and around USD 300 for non-members.
The exam fee for PMI CAPM certification is typically consistent globally. However, due to currency exchange rates and other factors, there may be slight variations in the exam cost for different countries. PMI sets the standard exam fees, but any local taxes or fees may be added to the base cost, leading to slight differences in pricing.
The CAPM exam fee covers the exam's cost but does not typically include study materials or resources. Aspiring candidates must acquire study materials, including textbooks, online courses, practice exams, and other resources to prepare for the CAPM exam. PMI does offer various study materials and resources for purchase, and some third-party providers also offer exam preparation courses at additional costs.
Syllabus of CAPM Exam Prep Training Course
Eligibility Criteria
- To be eligible for the CAPM certification, you must meet certain education and professional requirements:
- Option1
- Educational Background: Secondary diploma (high school diploma / global equivalent)
- Project Management Experience: 1,500 hours of professional experience on a project team
- Option2
- Educational Background: Secondary diploma (high school diploma / global equivalent)
- Project Management Education: 23 contact hours of formal education
Exam Format
- 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
Exam Fees
- The CAPM Exam fees for PMI Members are $225 and for non-members is $300.
Who Should Attend?
- Job roles that can benefit from CAPM training include, but are not limited to:
- Project Executives
- Team Members
- Project Management Aspirants
- Managers
- Project Leaders
- Functional Managers
- Anybody who wishes to gain better
- understanding of practical and formal
- project management best practices
FAQs on CAPM Exam Prep
How do I enroll for training?
You can enroll for training by following below mentioned points:
- Select a course
- Select a schedule of your choice
- Select the mode of your training
- Click on “Enrol Now” button
- Fill the necessary details to make the payment
- Get all the course materials to prepare for the training
- Join the training on the scheduled date
Can I opt for a customized schedule other than what is mentioned on the website?
Yes, you can opt for a customized schedule which is not there on the website. But getting custom schedules will depend on few criteria mentioned below:
- Focused 1-to-1 training can be customized as per your choice
- Group training of more than 5 participants can be customized
- On-site training can be customized as per clients’ requirement
How much discount will I get if I enrol for training?
What is the certification that I will get after completing my training?
What will be included in my training?
Once you enroll for training from Invensis Learning, you will receive:
- A copy of course material
- Study guide Prepared by SMEs
- Practice Tests
- Retrospective session
- Access to free resources
- Complimentary additional training session
- PDUs for relevant courses
- Course completion certificate/Official certificate
What is the refund amount I will get if I cancel my enrolment?
Please check out our refund policy page to know more if you cancel your enrolment.
Will the training be delivered in a native language if a participant choses to?
If I want to know more about a course, whom should I connect with?
FAQs on CAPM Exam Prep
Eligibility criteria to take the CAPM Exam
To be eligible for the CAPM certification, you must meet certain education and professional requirements:
- Educational Background: Secondary diploma (high school diploma / global equivalent)
- Project Management Education: 23 contact hours of formal education
What is the CAPM exam format?
- 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
Will the CAPM certification training help me to secure a higher-paying job opportunity?
It is common for those who hold a CAPM certification to be offered higher positions within companies and to receive higher salaries than non-certified project management professionals.
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