CAPM certification is the entry level project management certification of PMI. CAPM certification cost is a critical aspect for CAPM certification aspirants. Many CAPM certification candidates consider only CAPM certification cost of exam and training. However, there are other aspects of CAPM certification cost. What are the different aspects of CAPM certification cost? How much money should you plan for CAPM certification cost? Are there any other aspects of CAPM certification cost other than training and exam fee?
We will explore the CAPM certification cost in detail in this post.
CAPM Certification Cost: How much does it cost to get a CAPM certification?
CAPM Certification is a highly valuable qualification for the people who are working in the project management field. As the project management field is growing more and more popular, the people who are officially qualified as project managers are much in-demand. If you are working or planning to work in the project management field and if you don’t have a CAPM certification yet, you should know the importance of obtaining this qualification. You must probably be searching for the CAPM ceritification cost as well. In this blog post we will cover CAPM certification cost to help you make your financial plans accordingly.
Let’s begin briefly by defining what CAPM certification is: CAPM is the short name for Certified Associate in Project Management. CAPM certification is given by Project Management Institute (PMI) and it is the entry level project management certification for project management professionals.
So what is the CAPM certification cost? Actually the CAPM Certification cost has three main elements. Two of them are pretty obvious: the cost of CAPM certification training and the CAPM certification exam fee. But there is also an another element that you have to be very well aware of: we can call it the ‘hidden’ CAPM certification cost. This is the cost of the time you will be spending when you study for the CAPM certification exam. We are going to have a look at these different elements of the CAPM Certification cost more thoroughly, in the following headings.
Before being able to take the CAPM Certification exam, you are required to meet certain criteria. One of the most important item in this CAPM eligibility requirement list is to attend a project management course(s) at least for 23 hours if you do not have a 1,500 hours of project experience.
So how much is the CAPM certification cost for training? Well, there is not a single answer for this quesiton. It will depend whether you are willing to take a CAPM certification classroom training or an online CAPM certification training. The CAPM certification classroom training will also depend on which country you are located to take this project management education, it ranges from 400 USD to 1,700 USD.
There are some examples for how the cost of CAPM Certification classroom training varies from one country to another:
- America, Canada, Australia: ~1,300 USD
- South America (Brazil, Chile etc.): ~450 USD
- China, India: ~400 USD
- European Countries: ~1,100 USD
- Arabian Countries: ~1,700 USD
As you can see, we can not say there’s a fixed price for CAPM Certification classroom training, thus for the CAPM certification cost.
There’s also another option to take the CAPM certification training: Online CAPM Certification Training. Today you can find a great number of Online CAPM certification training courses on the web. Most of the people are willing to get an online CAPM certification training. What are the advantages of taking an online CAPM certification training course? Well, firstly this is an online course, so you don’t have to be present in an actual classroom which is really advantageous for full time working professionals. Secondly, these online courses cost a lot less than regular classroom teaching, the prices vary between 200 USD and 500 USD.
For instance, Master of Project Academy's, Online CAPM Certification Training costs $327 for lifetime access, $160 for one-year access and $32 for monthly subscription. Price is not the only benefit of an online CAPM certification training.
Our 35 hours online CAPM certification training is a self-paced course, so rather than attending online live classes, which are pre-scheduled, you pace the course and determine when to study and when to complete. In other words, you can take the course which includes previously recorded training sessions, according to your own timing. This way, we believe that you will be more ready to take the CAPM Certification exam because your information on the subject will be more fresh and more interiorized.
If you want to take a more detailed look to the differences between CAPM Certification classroom training and online training you can read our blog post.
In the beginning of the article we mentioned a hidden CAPM Certification cost, which is the preparation time. As most of us are busy professionals, the time we are sparing to take this project management education will cost us our precious leisure times. But you can minimize this effect with a self-paced online CAPM certification training course, because you will be the only one to decide when to have a lesson or not. For instance if you are planning to take the CAPM Certification exam in the next 3 or 4 months, you can spare only 5 or 6 hours a week to study to pass the exam. Of course, the duration of the training will also depend on your dedication, on your professional experiences and background in project management. So you will be able to finish the course in a shorter time than 3 or 4 months if your goal is to obtain the CAPM certification earlier.
If you are preparing for CAPM Certification exam, you can get more information about CAPM study plan in our blog post.
CAPM Certification Cost #3: Exam Fee
The third item of the CAPM Certification cost is the CAPM exam fee. After you are finished the 23 hours project management education, you have to take this CAPM Certification exam in a Pearson VUE test center. Online FREE CAPM Overview course will guide you on the steps to take for applying to take the exam. When PMI accepts your application, you have to schedule your exam date in a nearest Pearson VUE test center.
The CAPM Certification exam fee is 300 USD for the people who are not a member of PMI and for the members it is 225 USD. If you choose to become a PMI member at the time of your application, you will just have to pay 300 USD for the exam fee and the membership fee combined. So, since applying for CAPM with membership and as a non-member costs same, we recommend you to opt for application with PMI membership.
What are the advantages of PMI membership? Its duration is one year and you gain free access for downloading some important documents about project management including the PMBOK.
If you want to have further information on PMI membership you can check out their website.
CAPM Certification Cost: Summary
So, CAPM certification cost depends on mostly which type of course you decide to take. If you choose to get your project management education through an online course, the total CAPM Certification cost will be approximately 400 USD for you, including the exam fee. Otherwise, if you will continue your preparation with a CAPM certification classroom training, CAPM Certification cost will be approximately 1,500 USD, again the exam fee included.
However, as we mentioned above, the CAPM certification cost does not include only the fees you will pay to the training provider or exam fee to the PMI. You should take into consideration the cost of the time which you will spend when you are taking the CAPM certification training. If you go for a self-paced online CAPM certification course, your time management will be more effective so that you will get the most out of the training and lower the CAPM certification cost as well.
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