PMP/CAPM Study Group Exploration Meeting

1/25/2012

Teresa R. Durham

AGENDA
What is PMP & CAPM? Is there a demand for this certification? What is involved in getting certified?
PMP CAPM

Next Steps?

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Teresa R. Durham

What is PMP?
PMP Project Management Professional The most important industry-recognized certification for project managers. Globally recognized and demanded, the PMP demonstrates that you have the experience, education and competency to successfully lead and direct projects. Certification Cycle is 3 years Maintain by earning 60 PDUs (professional development units) per cycle
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What is CAPM?
CAPM Certified Associate in Project Management A valuable entry-level certification for project practitioners. Designed for those with little or no project experience, the CAPM demonstrates your understanding of the fundamental knowledge, terminology and processes of effective project management Certification Cycle is 5 yrs Maintain by re-exam (no PDUs)
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Project Management Credentials

Should You Pursue a PM Certification?
Certified Associate in Project Management (CAPM) is a good entry-level certification if youre new to project management, or still figuring out your career path. Project Management Professional (PMP) is the most important globally-recognized and independently validated credential for project managers, perfect if you have demonstrated experience and competence in leading project teams. Program Management Professional (PgMP) is designed for those who manage multiple, complex projects to achieve strategic and organizational results.

PMI Agile Certified Practitioner (PMI-ACP)SM is designed for practitioners who utilize Agile approaches to project management in their projects.
PMI Risk Management Professional (PMI-RMP) is a specialty credential that demonstrates competence in assessing project risks, mitigating threats and capitalizing on opportunities. PMI Scheduling Professional (PMI-SP) is a specialty credential for practitioners who want to focus on developing and maintaining project schedules.
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1/25/2012

PM Certifications in Demand
Metro Atlanta Jobs posted in last 30 days
Indeed PMP CAPM
PgMP

Simply Hired 532 10

9

Career Builder 1003 2

0

502 3
15

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As of 1/23/2012

PMP/CAPM in Demand
a PMP increases your salary over 10% more than your non-credentialed colleagues and peers. Global Salary Survey - 13,572 US PMs surveyed
Respondents % 25th percentile Median 75th Percentile Mean

Certified 10,668 Not 2,900 Certified

79 21

90,000 74,500

107,000 92,465

128,232 111,824 115,000 97,829

*From 7th Edition, PMI Salary Survey

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PMP in Demand
Certified PMP Mean annual salary by years # Yrs certified Mean Salary certification
<1 1<5 5 < 10 10 - < 20 20 or more

99,237

107,304 118,625 124,610 117,205

Annualized Salary by Industry

Industry Engineering IT Utility
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Respondents 6% 22% 3%

25th 90,000 97,000 90,000

Median 110,000 104,000 105,00

75th 130,000 125,000 120,000

Mean 112,771 108,047 108,544

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Teresa R. Durham

PMP Certification
4 year degree & 3 yrs PM experience
4,500 hours leading and directing projects 35 hours PM education OR

Secondary diploma (high school or equivalent) & 5 yrs PM experience

7,500 hours leading and directing projects 35 hour PM education
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PMP Certification
Exam Fees
PMI Member $405 Non-Member $555

Re-exam Fees
PMI Member $275 Non-Member $375

Credential Renewal
PMI Member $60 Non-Member $150
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PMP Certification
Audit Process
Application accepted Schedule exam & Pay 90 days to submit About 7 days to completion Can be audited before exam and anytime during recertification Examples of documentation
Copy of diploma Signatures from managers from projects recorded in application Copies of certificates or proof of training
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PMP Certification
Exam
200 questions, 175 scored 4 hours Eligibility: 12 months after application acceptance Up to 3 attempts

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PMP Certification
PMP Certification Maintenance
3 year cycle 60 PDUs (Professional Development Units) Pay renewal fee Keep records can be audited If cycle lapses, must re-take exam

PMI Code of Ethics & Professional Conduct PMI Membership

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CAPM Certification
Secondary diploma (high school or equivalent) AND 1,500 hours experience OR 23 hours project management education by the time you sit for exam

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CAPM Certification
Exam Fees
PMI Member $225 Non-Member $300

Re-exam Fees
PMI Member $150 Non-Member $200

Certification Renewal
PMI Member $150 Non-Member $200
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CAPM Certification
Audit (same as PMP) Exam
150 questions, 135 scored 3 hours Eligibility: 12 months after application acceptance Up to 3 attempts

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CAPM Certification
CAPM Certification Maintenance
5 year cycle Re-exam for recertification

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Next Steps?
Set goal date to sit for exam Begin application to ensure eligibility to sit for exam Obtain study materials
PMBOK 4th edition Crosswinds Exam Prep book

Commit to study and make goal

Select start date Select meeting days & frequency Submit application
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