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CAPM The Certified Associate in Project Management® An Excellent Credential for New Project Managers Stephen W. Volz, DBA, PMP, CMQ/OE

CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

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Page 1: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM – The Certified Associate in

Project Management®

An Excellent Credential for New Project Managers

Stephen W. Volz, DBA, PMP, CMQ/OE

Page 2: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Welcome!

• Audience

• Overview of the CAPM® credential

• Candidates for the Credential

• Benefits of the Credential

• Name the Credential

• Resources

• CAPM in Advertised Jobs

• Discussion

Page 3: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Presenter Bio

• Program Chair – Colorado Technical

University Online College of Business and

Management

• President – PMI Central Alabama Chapter

• PMI GAC Site Visit Team Member

• Post-Doctoral Certificate in Project

Management Candidate

Page 4: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Audience

• Those who want to get into the project

management field.

• PMI Chapter leaders who want to provide

value for their members.

• Employers of project managers who want

valuable employees.

• Current project managers who want to

encourage colleagues to get into the field.

Page 5: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

PMI Certifications

• PMP® - Project Management Professional

• PgMP® - Program Management Professional

• PfMP® - Portfolio Management Professional

• CAPM® - Certified Associate in Project

Management

• PMI-PBA® - PMI Professional in Business Analysis

• PMI-ACP® - PMI Agile Certified Practitioner

• PMI-RMP® - PMI Risk Management Professional

• PMI-SP® - PMI Scheduling Professional

Page 6: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

PMI Certifications Number of Credential Holders as of Nov. 30, 2015

• PMP® - 686,641

• PgMP® - 1,438

• PfMP® - 274

• CAPM® - ??

• PMI-PBA® - 510

• PMI-ACP® - 10,141

• PMI-RMP® - 3,418

• PMI-SP® - 1,435

(Project Management Institute, 2016b)

Page 7: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

PMI Certifications Number of Credential Holders as of Nov. 30, 2015

• PMP® - 686,641

• PgMP® - 1,438

• PfMP® - 274

• CAPM® - 30,032

• PMI-PBA® - 510

• PMI-ACP® - 10,141

• PMI-RMP® - 3,418

• PMI-SP® - 1,435

(Project Management Institute, 2016b)

Page 8: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Why Discuss the CAPM®?

• Underrated as a credential

• Has most potential for new project managers

• Not well known

• Geared toward young adults and those in

career-transition

• Less stringent exam requirements than PMP

• Contains fewer education and experience

requirements

Page 9: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Overview of CAPM® Credential

• Requirements:

– High school diploma or associate’s degree

– 1,500 hours of project experience

• OR

– 23 hours of project management education

(Project Management Institute, 2016a)

Page 10: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Overview of CAPM® Credential

• Requirements:

– Complete certification exam of 150 multiple

choice questions within the three hour time

allotment

– Retake the CAPM exam every five years to

maintain certification

(Project Management Institute, 2016a)

Page 11: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Candidates for the Credential

• College students and recent graduates

– May not have the experience for the PMP®

– Could have the 23 hours of project

management education through their

coursework

– May have experience working on projects in

college or through jobs

(Project Management Institute, 2016a)

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Candidates for the Credential

• Employees in Career Transition

– Could have some or all of the required

experience in project management through

their work

– May or may not have the education hours

(Project Management Institute, 2016a)

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Candidates for the Credential

• Subject matter experts (e.g. marketing,

finance, customer service)

• Project sponsors

• Facilitators

• Liaisons

• Coordinators

(Project Management Institute, 2014)

Page 14: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Benefits of the Credential

• Comparison to the PMP®

– PMP requires:

• 7,500 hours of experience leading and directing

projects with a high school diploma or associate’s

degree

• 4,500 hours of experience leading and directing

projects with at least a four-year degree

• 35 hours or project management education

(Project Management Institute, 2016a)

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Benefits of the Credential

• During the five years of the credential,

holders can gain the experience in leading

and directing projects.

• This will help credential holders to prepare

for the PMP® exam.

(Project Management Institute, 2016a)

Page 16: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Benefits of the Credential

• According to Pmstudy (n.d.), those who are CAPM-certified ask for higher salaries than those who are not.

• GreyCampus (n.d.) noted CAPM credential holders can grow in their careers.

• PMI (2016) contended the CAPM helps new project managers show prospective employers they understand project management with a globally recognized certification.

Page 17: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM Resources

Page 18: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM Resources

Page 19: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Name the Credential

PMP® CAPM® PgMP® PMI-BA® PMI-ACP®

Mark, a 23 year old college graduate who majored in

business, took a few project management courses in his

degree program. He worked part time in a construction job

for most of his time in school. He was on project teams,

doing labor related to his position.

What credential would be best suited for Mark based on the

information presented?

Page 20: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Name the Credential

PMP® CAPM® PgMP® PMI-BA® PMI-ACP®

Mark, a 23 year old college graduate who majored in

business, took a few project management courses in his

degree program. He worked part time in a construction job

for most of his time in school. He was on project teams,

doing labor related to his position.

What credential would be best suited for Mark based on the

information presented?

Page 21: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Name the Credential

PMP® CAPM® PgMP® PMI-BA® PMI-ACP®

Gwen is a 37 year old computer artist who

is considering a career in project

management due to downsizing at her firm.

She has been a member of project teams

for over 10 years but she does not have any

project management education.

What credential would be best suited for

Gwen based on the information presented?

Page 22: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Name the Credential

PMP® CAPM® PgMP® PMI-BA® PMI-ACP®

Gwen is a 37 year old computer artist who

is considering a career in project

management due to downsizing at her firm.

She has been a member of project teams

for over 10 years but she does not have any

project management education.

What credential would be best suited for

Gwen based on the information presented?

Page 23: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Name the Credential

PMP® CAPM® PgMP® PMI-BA® PMI-ACP®

Ed has managed process improvement projects for a

financial institution since 2003. He recently went back to

college and received a master’s degree in project

management. He wants to obtain a certification in

project management.

What credential would be best suited for Ed based on

the information presented?

Page 24: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Name the Credential

PMP® CAPM® PgMP® PMI-BA® PMI-ACP®

Ed has managed process improvement projects for a

financial institution since 2003. He recently went back to

college and received a master’s degree in project

management. He wants to obtain a certification in

project management.

What credential would be best suited for Ed based on

the information presented?

Page 25: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM Mentioned in Jobs

• Education and Work Experience

• Bachelor’s Degree or the equivalent of education and experience.

• Minimum 2 years of experience in the financial services industry.

• PMP or CAPM Certification highly preferred.

• Previous experience working in the Benefit

Administration/Retirement or Financial Services industry.

• Experience working with Omni suite of product is desired.

(SunGard, 2016, para. 5)

Page 26: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM Mentioned in Jobs

What Else Would Help Me Stand Out?

• Certified Business Analysis Professional™ (CBAP®) certification or

affiliation with the International Institute of Business Analysis (IIBA)

• Certified Associate in Project Management (CAPM®) or Project

Management Professional (PMP®)

• Certified ScrumMaster® (CSM)

• Professional Scrum Master™ (PSM)

• Expertise in Enterpirse[sic] Project/Program Management Systems

(Microsoft Project Sever, BrightWorks, etc.)

• Experience at a national/international IT consulting organization

• MBA or equivalent graduate degree in business

(Sparkhound, n.d., para. 5)

Page 27: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM Mentioned in Jobs

Preferred Skills:

• Strong regulatory background and experience preferred. Previous

people managing skills are preferred.

• Experience in Banking operations

• Experience in systems analysis, process modeling, process design,

suggesting and implementing process improvements

• Certification in Project Management - Project Management Institute

(PMP or CAPM) or others.

(BBVA Compass, n.d., para. 3)

Page 28: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

CAPM Mentioned in Jobs

JOB REQUIREMENTS: (Education, Experience, Knowledge, Skills)

• Bachelor's degree in related field highly desirable

• A minimum of 3 years of experience managing low to medium

complexity IT infrastructure and/or telecommunications projects in a

matrix resource environment

• Project Management Professional (CAPM) certification preferred

• Knowledge of PMI based project management competency areas

and methodologies and experience applying these methods to

manage successful projects

(Indeed, 2016, para. 2)

Page 29: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

Discussion

• What do you think about the CAPM

certification?

• What certifications do you hold?

• Which certifications interest you?

Page 30: CAPM The Certified Associate in Project Management®pmimilehi.org/images/downloads/Presentations/capm_presentation_4...CAPM – The Certified Associate in Project Management® An Excellent

References

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References

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References