The Capital Asset Pricing Model (CAPM) is a mathematical model that indicates the connection between anticipated risk and return when investing in a security. It illustrates that the risk-free return plus a risk premium, which is determined by the security's beta, equals the expected return on an investment.
It is this systematic risk that the CAPM was designed to measure. Given the risk involved in the assets and the cost of capital, it is frequently employed in the finance industry to price risky securities and generate expected returns.
The CAPM certification is required to gain entry and begin developing your career as a project manager. It also puts you in a position to pursue any of our major certifications, such as the Project Management Professional (PMP)®, the industry standard in project management certification.
The CAPM certification is a well-respected label that denotes a dedication to the industry as well as verified expertise and experience in project management. When deciding whether or not to pursue a CAPM certification, take into account the following aspects.
For those with up to three years of project management expertise, a CAPM certification can help make a stronger impression on employers and strengthen their resumes.
If project management is one of your career goals, the certification is a good place to start. It can be a first step toward more senior roles and professional certifications, like the Project Management Professional (PMP)® designation. The formal training demands of the PMP credential are satisfied by CAPM certification.
You can make more money if you obtain the CAPM certification. According to Payscale, professionals with the CAPM certification make approximately $72,000 annually. Your earning potential may be impacted by several variables, such as your degree of education, occupation, location, and professional experience.
Candidates pursuing CAPM certification must meet stringent requirements, including proficiency with project management techniques, procedures, processes, and best practices. When applying for jobs, having this professional designation can help your curriculum vitae stand out and give you an advantage. Employers will be informed that you can successfully carry out their roles, responsibilities, and duties.
There are several entry-level project management positions available to you once you have earned the CAPM (Certified Associate in Project Management) certification, including the position of project coordinator, junior project supervisor, associate project supervisor, project administrator, and project support officer.
The CAPM certificate provides you with skills that can be applied to a wide range of situations, including project planning, organization, and management. It is beneficial in both your personal and professional life since it enhances your problem-solving, teamwork, communication, and project management abilities.
Let’s take an overview of our practice examination.
Overall, when it comes to the homepage of our website, what catches your eyes, at first sight, are two main sections: “Practice CAPM Test By Topics” and “Take Full CAPM Practice Test”. To meet the learners’ needs, the former functions as learning materials that are categorized into different topics or domains covering nearly CAPM knowledge for practice. The latter mimics the real exam to check learners’ outcomes and create a chance for a mock test before taking the real one.
There are a total of 70 multiple-choice questions in the Practice Question section.
With 7 levels and 2 tests, this section is divided into 2 stages. Stage 1 includes the first 3 levels and a mini-test. Stage 2 includes 4 remaining levels and a final test. Each level includes 10 multiple-choice questions. The mini-test comprises 30 questions covering knowledge of the whole first stage. The final test comprises 70 questions covering knowledge of the whole topic.
Remember! Our results recording system will notify you of the results you have achieved after your first attempt, for example, 6/10. However, you must answer all questions correctly to be allowed to move to the next level. Hence, you are allowed to do it again more than once and the false questions will automatically return until you correct all of them. Of course, if you are confident in any topic, you can skip levels and move to the mini-test or the final test immediately. You are considered to have passed the exams if your score is at least 70%, although there is no predetermined passing score.
An extremely appreciated feature of our website is that after each question in the practice section, learners will immediately know whether their results are correct or incorrect. Furthermore, there will be an extremely detailed explanation for the question, which is right below the question section.
After practicing proficiently in the practice section introduced above, learners can choose a "full test" to check their current level. The CAPM exam simulates the real exam format.
The test includes 150 multiple-choice questions within 3 hours. Contestants will take the test within the allotted time frame. The clock placed right above the question section helps test takers be proactive in managing their exam time.
An outstanding feature is that test takers will not immediately know the results of each question in this part like in the practice one. After completing all the questions and receiving the final results, test takers will have the opportunity to review all the questions to see which ones they got right and which ones they got wrong. Detailed explanations for the answers are also attached right below each question. This helps test takers review knowledge more deeply and gain experience for the next test, especially in the real exam.
For convenience of use, we also released a mobile version of the application. Operations in the phone application remain the same as on the website. The only difference is that after completing the questions, you must click “Submit” to receive the final results of the test.
Practicing before taking any exam is extremely necessary. Finding a reputable and effective learning source is even more important. Each choice you make can determine success or failure. Trust me! The CAPM practice exam will accompany you on the path to achieving certification. Don't wait any longer, download the CAPM application on the App Store or Google Play or go to the website https://easy-prep.org/capm-practice-test.