CBAP VS PMP
Introduction:
CBAP, or the Certified Business Analysis Professional certification, is a globally-recognized credential that recognizes professionals with experience leading organizations through analysis-based projects. It was created by the International Institute of Business Analysis (IIBA). CBAP is more specific for the business analysis industry whereas PMP is a more standardized project management certification. CBAP will focus on the Business Analysis processes and practices while PMP will focus on managing/tracking project or program tasks, resources, deadlines and deliverables.
The biggest difference between the two is;
The biggest difference between the two is that CBAP is more specific for the business analysis industry whereas PMP is a more standardized project management certification.
CBAP stands for Credential Of Business Analysis Professionals, which has been developed by IIBA (International Institute of Business Analysis). It's an independent body that certifies professionals who have completed their education in Business Analysis field and can demonstrate their skills through CBAP exam or through other means such as portfolio reviews or case studies. This certification will allow you to work with companies in your area, while also allowing you to be recognized as an expert within your industry.
PMP stands for Project Management Professional, which was developed by PMI (Project Management Institute). Like CBAP, these certifications are given out by an independent organization called Project Management Institute (PMI). They're designed specifically around project management roles within businesses; however, unlike CBAPs they don't focus on how well someone understands business analysis principles but rather just how well they perform under pressure while managing complex projects successfully!
Their Primary Focus;
CBAP will focus on the BA processes and practices while PMP will focus on managing/tracking project or program tasks, resources, deadlines and deliverables.
CBAP professionals are trained in a variety of areas that include business analysis, data analysis and analysis tools such as Excel spreadsheets or Business Intelligence Software (BI). They can also use an enterprise resource planning (ERP) system to track work in progress. In addition to these skills, CBAP professionals must have strong communication abilities so they can articulate complex concepts clearly to others in the organization who may not have experience with them yet.
CBAP and PMP eligibility requirements;
CBAP eligibility requirements are - 7500 hours of BA experience, 2 references, 35 hours of professional development in the past 4 years. For PMP you need- 35 contact hours of education, 7500 hours leading and directing projects, 4500 hours if you have college degree.
The most important thing to look out for is that both these courses have different sets of syllabus and duration as well as cost involved in them.
The cost of applying and taking the exam for each certification varies as well;
The cost of applying and taking the exam for each certification varies as well. The PMP exam fee is $405 for PMI members and $555 for non-members. The PMI membership fee is $139. The CBAP exam fee is $505 for non-members and $350 for members. The membership fee for IIBA is $125 (with an additional application fee of $145). Note that local taxes may apply.
Both PMP and IIBA-CBAP® are globally recognized certifications;
CBAP and PMP are two globally recognized certifications. However, they're not competing with each other as much as they are complementing each other by providing different levels of expertise in their respective fields.
CBAP focuses on business analysis processes and practices while PMP focuses more on managing/tracking project or program tasks, resources, deadlines and deliverables. This can be seen through their names: Business Analysis Professionals (BA) vs Project Management Professionals (PMP). The former has been around for decades while the latter was created only in 2007 by PMI (Project Management Institute). Both have their own unique approach to helping professionals get ahead in their respective fields but both also share commonalities with one another such as learning from experts who have already been through this journey before you start yours!
Both CBAP and PMP are equally valued credentials;
If you are looking for a certification in either of these areas, go through the details carefully before choosing one. Both CBAP and PMP are equally valued credentials in business analysis and project management respectively. If you are looking for a certification in either of these areas, go through the details carefully before choosing one.
CBAP focuses on business analysis processes and practices whereas PMP focuses on managing/tracking project or program tasks, resources, deadlines, and deliverables
Conclusion;
I hope this article helps you make the right choice in choosing between CBAP vs PMP. If you are still confused about which to go for,
I would recommend going through their respective websites. www.iiba.org for CBAP and www.pmi.org for the PMP. This will give you an idea about the
differences in terms of certification courses and exams. You can also contact us via Whatsapp at +234 8091592389 or email support@cielgr.com
by visiting www.cielgr.com for more details on cost as well as eligibility requirements.