Both were recommended by around 95 percent of Indeed survey respondents who had earned the certification. The CAPM and PMP both have high approval ratings by certificate earners. They may also lead to higher incomes, and qualify you for positions that require certification. CAPM and PMP: Are they worth it?Ĭertifications may give you an edge in the job search process, show hiring managers that you have a baseline of knowledge expected of you, and help you learn new skills. Other factors like experience and location can affect your salary. If you recently got certified, it can be worth approaching your manager to discuss a raise. Certifications may lead to higher-paying jobs or raises in your current one. For PMP holders, that number increased to 68 percent. Does getting a CAPM or PMP earn you more money?įifty-seven percent of respondents to an Indeed survey reported making more money after earning the CAPM. Ziprecruiter reported higher averages, with CAPM holders having an average US salary of $91,735, and PMP holders making $115,898. PMP holders generally make more than CAPM holders.Īs of July 2022, the average US salary for CAPM holders is $67,000, while for PMP holders it is $111,000, according to Payscale. Read more: What is the CAPM Certification? Requirements and More CAPM vs. $405 for PMI members ($544 total with membership and membership application fee) You’ll need to pay for and pass a certification exam to receive each certification. This can be waived if you have the CAPM certification.ģ6 months (3 years total) of experience leading projects if you have a four-year degree, or 60 months (5 years total) if you have a high school diploma, an associate’s degree, or the global equivalent The requirements to qualify for the PMP are:ģ5 hours of project management education. The requirements to qualify for the CAPM are as follows:Ģ3 hours of project management education, completed before you take the exam Let’s take a look at the requirements, costs, and other details of each. $555 for non-PMI members, $405 for PMI members $300 for non-PMI members, $225 for PMI members Secondary degree, plus 23 hours of project management educationģ5 hours of project management training (can be replaced with CAPM), and 36 months of experience leading projects with a four-year degree, or 60 months with a secondary degreeĪverage US salary (from Payscale, October 2022) Jobs postings that mention certification on Indeed (October 2022) Those with at least three years of project management experience
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