A globally recognized qualification can open up a whole new world of possibilities for you. PMP and CBAP are two of the most popular certifications for experienced professionals who want to boost their careers by proving their expertise in their industries.
When it comes down to it, what should you pursue, the CBAP or the PMP? It is simple, if you are a project manager and you want to enhance your project management skills, PMP certification is the best for you. However, if you are a specialist and your work primarily involves hardcore business analysis, CBAP is the perfect option.
Both the CBAP and the PMP certification are distinct certificates. But, there are conditions where both of these courses can be beneficial for each of the category. Like when a business analysis could benefit from strong project management skills and vice versa. There is really no question that both certifications are valuable, and regardless of which one you choose, you'll learn a lot. A CBAP certified professional’s average pay in the United States is $91,655, whereas that of a PMP is $106,719.
PMP (PROJECT MANAGEMENT PROFESSIONAL)
PMP (Project Management Professional) is the world's most widely recognized certification for exhibiting project management expertise, intelligence, ability, and competence. The PMP has been custom-made by industry professionals. You must undergo PMP training for the PMP certification, this training covers all three aspects which are people, strategy, and the market condition, deeply so that the trainee can understand the true meaning of project management.
The Project Management Professional (PMP) is a worldwide recognized certification which shows your ability to lead and complete a project from beginning to end. This course helps to expand the trainee’s skills, know-how, and professional experience in team management and associated challenges It is built on eleven fields of knowledge, including:
Project Integration Management
Project Resource Management
Project Communications Management
Project Scope Management
Project Risk Management
Project Procurement Management
Project Stakeholder Management
Project Schedule Management
Project Cost Management
Project Quality Management
CBAP CERTIFICATION
The CBAP (Certified Business Analysis Professional) certification is mainly done by business analysts who are experts in the industry. The CBAP certification is fully computer-based and can be pursued by sitting anywhere. This certification will also be used to examine your business analytical abilities.
The International Institute of Business Analysis (IIBA) situated in Toronto, Canada, is the authority of issuing this certification.
The CBAP certification is based on six knowledge areas from the PABOK Guide, including:
Strategy Analysis
Business Analysis Planning and Monitoring
Solution Evaluation
Elicitation and Collaboration
Requirements Life Cycle Management
Requirements Analysis and Design Definition