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Frequently Asked Questions

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About The Certification

The Certified Associate in Project Management (CAPM®) is an entry level certification offered by PMI to project management practitioners. It is primarily designed for those with little or zero project management experience, and demonstrates that one understands the fundamental knowledge, terminology and processes of effective project management.

  • If you do not work in projects but are interested in moving your career into project management,
  • If you’re a less experienced project practitioner looking to demonstrate your commitment to project management,
  • If you wish to improve your ability to manage larger projects and earn additional responsibility,
  • If you wish stand out to potential employers,

Then the CAPM certification is right for you.  This certification will help you to take your career to the next level.

Who Should Apply?

If you’d like to manage larger projects and gain more responsibility or add project management skills into your current role, then the Certified Associate in Project Management (CAPM) is right for you.

  • If you do not work in projects but are interested in moving your career into project management,
  • If you’re a less experienced project practitioner looking to demonstrate your commitment to project management,
  • If you wish to improve your ability to manage larger projects and earn additional responsibility,
  • If you wish stand out to potential employers,

Then the CAPM certification is right for you.  This certification will help you to take your career to the next level.

Eligibility Criteria/Prerequisites

Secondary degree (high school diploma, associate’s degree or the global equivalent)

A minimum of 12 months leading and directing projects. Within these months you need to have attained 1,500 hours of project management experience.

OR;

23 hours of project management education completed by the time you sit for the exam

Application Process

Once you’ve determined you meet the eligibility criteria, it’s time to apply. Collect the following information and then use our online certification system to guide you through the process.

  • Contact information — email, address, phone number
  • Education attained — school attended, level of education attained, degree date

Either

  • Domain education — names of courses completed, institutions attended, dates, qualifying hours

OR

  • Domain experience — details of the projects, programs, portfolios you’ve worked on including qualifying hours, dates of employment, role, organization details, reference, and experience summary.

Once you open an application, it will remain active for 90 days after which time it will close.

Tip: To complete this process quickly, it’s best to gather and prepare this information before opening the application. Otherwise, it will likely take you multiple sessions to complete.

Application Review

Once PMI receives your application, PMI verify that you meet the eligibility criteria and that your experience and/or education is valid and consistent with the guidelines stated in the PMP certification handbook. (http://www.pmi.org/-/media/pmi/documents/public/pdf/certifications/certified-associate-project-management-handbook.pdf)

Typically the application review period will take 5–10 days, depending on the certification. Once it’s complete, PMI email you to move on to the next step.

If PMI has any questions or issues with your application, PMI email you further instructions and direction.

For each certification, a specified percentage of applications are randomly selected for audit. PMI conducts application audits to confirm the experience and/or education documented on certification applications. The purpose of the audit is to enhance the credibility of the certification program and of the certification holders.

Read Frequently Asked Questions about the application audit process.

Payment

After PMI notifies you that your application is approved, it’s time to provide payment so you can move to the final stage. The fastest and easiest way to pay is through PMI online certification system.

Once payment is received, PMI email you an eligibility number that you’ll use to schedule your test appointment. You are eligible for one year, and you may take the exam up to three times during that year.

Price

Member: US$300.00
Non-member: US$225.00

PMI MEMBERSHIP TYPE & FEES

  • Individual Membership— US$139 to join
  • Student Membership— US$32 to join (enrolled full time in a degree-granting program at a college or university)

Schedule Test Appointment

For all certifications, with the exception of the CAPM, your test will occur at one of Prometric’s worldwide testing sites. Schedule your appointment online at Prometric.com/PMI using your eligibility number.

For the CAPM, you can schedule your exam at a testing site or in an online proctored environment through Pearson VUE by logging-in to your MyPMI account and following the prompts.

Then all that’s left is to test.

Gain and Maintain Your PMP

The certification exam has 150 multiple-choice questions, and you have four hours to complete it.  135 of the 150 questions count towards your final grade.

To maintain your CAPM, you must retake the exam every five years.

Want to create an exam study plan?

Tips:

  • Review the certification handbook and the exam content outline — they’ll explain the exam format and topics that will be covered.
  • Read current books and articles in your domain topic areas.

Study! Consider enrolling in an exam prep course and forming a study group with your colleagues or friends.

Pre-requisites

1. Become a CFA candidate and enroll in the CFA Program. To do so, you must

1.1 Meet one of the following criteria:
1.1.1 Have a bachelor’s (or equivalent) degree,
1.1.2 Be in the final year of a bachelor’s degree program,
1.1.3 Have four years of professional work experience, or
1.1.4 Have a combination of professional work and university experience that
totals at least four years.

1.2 be prepared to take the exams in English
1.3 have a valid international passport
1.4 meet the professional conduct admission criteria

2. Pass the Level I Exam (June or December)

3. Pass the Level II Exam (June).

4. Pass the Level III Exam (June).

5. Have four years of professional work experience in the investment decision-making
process (accrued before, during, or after participation in the CFA Program).
6. Join CFA Institute as a regular member.

Who Should Apply?

Persons interested in investments, asset and wealth management services such as:

  • Portfolio Managers
  • Research Analysts
  • Chief – Level Executives
  • Consultants
  • Corporate Financial Analysts
  • Financial Advisors
  • Relationship Managers
  • Risk Managers
  • Investment Banking Analysts
  • Accountant/Auditors
  • Strategists
  • Traders

Application Process & Payment

Once registered as a first time candidate, 2 fees are required to be paid;

(1) a one-time enrollment fee; and

(2) an examination fee (which varies dependent upon when this fee is paid).

CFA LEVEL 1 EXAM REGISTRATION FEES

Early Registration Fee

  • One Time Program Enrollment Fee USD450
  • Examination Fee USD650
  • Total Fee USD1100

Standard Registration Fee

  • One Time Program Enrollment Fee USD450
  • Examination Fee USD860
  • Total Fee USD1310

Late Registration Fee

  • One Time Program Enrollment Fee USD450
  • Examination Fee USD1280
  • Total Fee USD1730

Please note that whether a candidate passes or fails the exam all that is required to sit the next exam or re-sit the same exam is to pay the examination fee.

The CFA Program

The course of study is organized into three levels and each level requires passing a six-hour exam. The program curriculum increases in complexity as you move through the three levels.

  • Level I: Focuses on a basic knowledge of the 10 topic areas and simple analysis using investment tools
  • Level II: Emphasizes the application of investment tools and concepts with a focus on the valuation of all types of assets
  • Level III: Focuses on synthesizing all of the concepts and analytical methods in a variety of applications for effective portfolio management and wealth planning

Level 1

Level I

The level I exam consists of two 3 hour exams. Both exams consist of 120 multiple choice questions where examinees choose between three potential answers for each question.

Topic Areas are as follows:

  • Ethics/Professional Standards
  • Quantitative Methods
  • Economics
  • Financial Statements Analysis
  • Corporate Finance
  • Equity Analysis
  • Fixed Income
  • Derivatives
  • Alternative Investments
  • Portfolio Management

 

 

Level 2

Level II format is similar to level I, albeit one change. Whereas level I consisted of simple multiple-choice questions to answer, and level II the exam consists of 20 items sets. 10 on the morning session of the exam and 10 on the afternoon session. Items sets are sometimes called “mini-cases.” Each item set on the CFA exam consists of a vignette (or key statement) and six multiple-choice items (questions).

 

Topic Areas are as follows:

  • Ethics/Professional Standards
  • Quantitative Methods
  • Economics
  • Financial Statements Analysis
  • Corporate Finance
  • Equity Analysis
  • Fixed Income
  • Derivatives
  • Alternative Investments
  • Portfolio Management

Level 3

The level III exam uses the essay format in the morning, and the item set format (similar to levels II), with 10 items sets, in the afternoon.

Topic Areas are as follows:

  • Ethics/Professional Standards
  • Quantitative Methods
  • Economics
  • Financial Statements Analysis
  • Corporate Finance
  • Equity Analysis
  • Fixed Income
  • Derivatives
  • Alternative Investments
  • Portfolio Management

What is it about?

LIVE Project is a practical project management program which allows learners to acquire core project management competencies as well as teamwork and leadership skills in an enjoyable way.

The aim of this course is to provide a challenging but safe learning environment that allows learners to make real project decisions under pressure and finally review their performance— without any consequence to their promotion or career.

Primarily, this training focuses on the planning and execution phases of a medium-sized project.  In the planning phase you have to organize your team and allocate resources.  In the execution phase your objective is to cope with all arising events in order to finish the project on time and within budget.

In teams of 3 to 4 people, learners play the role of the project manager.  The teams have to plan and execute a typical mid-sized project. They immediately see the consequences of the decisions they make. Furthermore, they can track the evolution of the costs, the schedule, the quality as well as the human factors.

With our LIVE Project course, learners can make all the mistakes while planning and executing a project and learn from these mistakes.

Training sessions are full of multimedia interaction: teams will be provided with phone calls, emails, and voicemails to create a realistic and stressful environment – just as in real life. Therefore, learners experience stress and working under pressure.   Finally, our LIVE Project course also provides an ideal environment for team building and decision-making.

Advantages

  • Program integrates all aspects of project management;
  • Learning by making mistakes;
  • Close to reality;
  • Knowledge and skill acquisition that will never be forgotten;
  • An opportunity for practicing the execution phase of a project;
  • Challenging, encouraging, and fascinating;
  • A competitively-priced, hands-on experience which shows the reality and consequences of leading a project.

Target Groups

  • Project managers learn to apply their knowledge and review their decisions with the help of an experienced trainer.
  • Junior project managers learn how a project is to be planned and executed;
  • Senior project manager can review their way of project management
  • Persons who have an interest in project managements.
  • Persons who want to acquire core management skills to apply to their industry areas.

Prerequisites

Basic knowledge about project management is an asset but not an absolute requirement.

Learning Objectives

At the end of the simulation, the participants will be able to:

  • plan project resources;
  • use project management tools;
  • control the progress of a project;
  • make team decisions, including in situations of stress;
  • react appropriately in typical project management situations.

Content

  • Project planning
  • Resource allocation
  • Project execution
  • Decision making
  • Project controlling
  • Reporting
  • Project Closing

What You Receive at the End

Upon completion, learners are issued with a Certificate of Completion with 12 contact hours.   Persons who hold a certification from the Project Management Institute (PMI) can use these hours to claim their PDUs.

About The Certification

The Project Management Professional (PMP) ® is the most recognized industry certification for project managers across the globe and is considered the gold standard of project management. Recognized and demanded by organizations worldwide, the PMP validates your competence to perform in the role of a project manager, leading and directing projects and teams.  It is the most sought after certification administered by Project Management Institute (PMI).

Who Should Apply?

If you’re an experienced project manager responsible for all aspects of project delivery, leading and directing cross-functional teams, then the PMP is the right choice for you.

Eligibility Criteria/Prerequisites

  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • A minimum of 60 months leading and directing projects. Within these months you need to have attained 7,500 hours of project management experience.
  • 35 hours of project management education

or

  • Four-year degree
  • A minimum of 36 months leading and directing projects. Within these months you need to have attained 4,500 hours of project management experience.
  • 35 hours of project management education

Application Process

Once you’ve determined you meet the eligibility criteria, it’s time to apply. Collect the following information and then use our online certification system to guide you through the process.

  • Contact information — email, address, phone number
  • Education attained — school attended, level of education attained, degree date
  • Domain experience — details of the projects, programs, portfolios you’ve worked on including qualifying hours, dates of employment, role, organization details, reference, and experience summary
  • Domain education — names of courses completed, institutions attended, dates, qualifying hours

 

Once you open an application, it will remain active for 90 days after which time it will close.

Tip: To complete this process quickly, it’s best to gather and prepare this information before opening the application. Otherwise, it will likely take you multiple sessions to complete.

Application Review

Once PMI receives your application, PMI verify that you meet the eligibility criteria and that your experience and/or education is valid and consistent with the guidelines stated in the PMP certification handbook. (http://www.pmi.org/-/media/pmi/documents/public/pdf/certifications/project-management-professional-handbook.pdf)

Typically the application review period will take 5–10 days, depending on the certification. Once it’s complete, PMI email you to move on to the next step.

If PMI has any questions or issues with your application, PMI email you further instructions and direction.

For each certification, a specified percentage of applications are randomly selected for audit. PMI conducts application audits to confirm the experience and/or education documented on certification applications. The purpose of the audit is to enhance the credibility of the certification program and of the certification holders.

Read Frequently Asked Questions about the application audit process.

Payment

After PMI notifies you that your application is approved, it’s time to provide payment so you can move to the final stage. The fastest and easiest way to pay is through PMI online certification system.

Once payment is received, PMI email you an eligibility number that you’ll use to schedule your test appointment. You are eligible for one year, and you may take the exam up to three times during that year.

Price

Member: US$405.00
Non-member: US$555.00

PMI MEMBERSHIP TYPE & FEES

  • Individual Membership— US$139 to join
  • Student Membership— US$32 to join (enrolled full time in a degree-granting program at a college or university)

Schedule Test Appointment

For all certifications, with the exception of the CAPM, your test will occur at one of Prometric’s worldwide testing sites. Schedule your appointment online at Prometric.com/PMI using your eligibility number.

For the CAPM, you can schedule your exam at a testing site or in an online proctored environment through Pearson VUE by logging-in to your MyPMI account and following the prompts.

Then all that’s left is to test.

Gain and Maintain Your PMP

The certification exam has 200 multiple-choice questions, and you have four hours to complete it.  175 of the 200 questions count towards your final grade.

To maintain your PMP, you must earn 60 professional development units (PDUs) every three years.

Want to create an exam study plan?

Tips:

  • Review the certification handbook and the exam content outline — they’ll explain the exam format and topics that will be covered.
  • Read current books and articles in your domain topic areas.
  • Study! Consider enrolling in an exam prep course and forming a study group with your colleagues or friends.