Topics Covered by CAPM Exam

To prepare for the CAPM exam, candidates need to grasp information related to the following sections:

• Managing Project Quality: This is about comprehending the three processes of project management, the input, techniques, output, and tools as defined in those processes, why quality management should be adapted in various project environments and quality tools alongside approaches that will ensure continuous improvement.
• Managing Procurement in Projects: It exposes the three project management processes, output, tools, techniques, and input in processes like these, core concepts in addition to tailoring considerations for procurement management, which includes emerging practices alongside trends, varied agreements, contracts, and methods for source selection.
• Project Stakeholder Management: The final domain covers the knowledge of the four processes for project stakeholder management, the tools, techniques, output, and input as defined in these processes, recognizing the key roles as well as needs of stakeholders, and identifying the core concepts together with advantages related to stakeholder management.
• Role of the Project Manager: This topic includes the most important functions of project managers, their spheres of influence, and all the major elements that the PMI triangle contains. In addition, candidates will need to recognize the difference between management and leadership.
• Managing Project Communication: This section considers the three processes of project management, their inputs, techniques, outputs, and tools, core concepts in addition to approaches that include tailoring as well as special considerations meant for adaptive or agile environments, communication dimensions as well as elements of a management plan, and communication skills as well as methods.
• Project Environment: This section deals with factors that influence the final result of a project, organizational systems as well as their differences, hierarchy of portfolios, programs, and projects, and the knowledge of how the management office of a project functions and what its purposes are.
• Risk Management in Projects: Within this scope, you will delve into the seven processes of project management relating to risk management, tools, techniques, outputs, inputs, key documents, doing calculations for simple risks, and knowing when as well as how to adjust risks related to a given project environment.
• Basics of Project Management: This area is about understanding the standard project lifecycle, the five process groups of project management, and recognizing how projects, portfolio, operational as well as program management relate to each other. Also, understanding the functions & usage of tailoring from varied projects is important.
• Schedule Management in Projects: This covers the six processes of project management, the tools, inputs, outputs, and techniques related to these six processes, solving simple problems for network diagrams, and performing calculations related to basic scheduling. Finally, candidates must be capable of identifying considerations targeting adaptive or agile environments within the project schedule.
• Scope Management in Projects: This objective concerns the six processes of project management, tools, techniques, output, and input in those processes, and key concepts as well as considerations for tailoring scope management and the core roles related to scope management. The areas of elements of a WBS (Work Breakdown Structure) related to both project scope and product & scope management targeting agile or adaptive projects are also present.
• Managing Costs in Projects: It concerns the four processes of project management, the tools, techniques, inputs, and outputs relating to such processes together with some key concepts dealing with cost management such as tailoring as well as special considerations targeting adaptive or agile environments. Covered as well is knowing and applying methods for basic forecasting as well as earned value techniques.
• Managing Project Resources: This topic includes defining the six processes of a project, identifying the techniques, input, tools, and output in these processes, and knowing the core concepts & trends that include tailoring as well as special considerations meant for adaptive or agile environments. The parts on techniques used to develop a team, how to manage conflict & resolve problems related to resources, and understanding the elements of a plan for resource management as well as techniques for data representation are covered there as well.
• Integration Management in Projects: Within this domain, covered are the seven processes of project management, input, techniques, outputs and tools, the importance of project integration, and procedures & concepts involved in change management of projects. It is also about considerations related to managing integration for projects, key documentation as well as knowledge management methods.

Reference: https://www.pmi.org/certifications/certified-associate-capm

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Career Prospects

The specialists with the PMI CAMP certification are needed in every IT organization that has numerous clients and projects. Apart from IT, the certificate holders can pursue a career in alternative areas, such as finance, industrial engineering, and manufacturing industries. Some of the most popular job titles for the individuals with this certification include a Consultant, a Business Analyst, a Project Coordinator, and a Project Manager. Other positions that you can explore as well as the salary prospects associated with them are outlined below:

• Senior Project Manager ($105,000-$126,000)
• Associate Project Manager ($87,000-$102,000)
• Information Technology Project Manager ($95,000-120,000)
• Project Coordinator ($53,000-$70,000)
• Business Analyst ($68,000-$93,000)

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The CAPM is an associate-level certification provided by the Project Management Institute (PMI) that creates a foundation for further advancement in this sphere. The CAPM certificate corresponds to global standards of the industry giving its holder plenty of pay perks and job opportunities so by passing its related CAPM test, you will prove your knowledge of the core best practices that are vital for understanding project management principles.