Quick Difference Between CBAP and PMP.
CBAP and PMP are two different professional certifications often thought to be similar. Individuals can prepare for the certifications with online corporate training programs conducted by Multisoft Virtual Academy. While CBAP stands for Certified Business Analysis Professional, Project Management Professional is the full form of PMP. There are a lot other difference between the two certifications such as:
|Purpose||Certification that can be used as a license and trademark for business analysis||PMP is a certification which validates and individuals of being capable to complete complex industry-based projects|
|Knowledge areas||A CBAP certified individual has knowledge of Business Analysis, Strategy Analysis, Elicitation and Collaboration, Life Cycle Management, Requirements, and Requirement Analysis & Design Definition||Freshers and working professionals possess in-depth knowledge of Project Integration Management, Scope Management, Time Management, Risk Management, Quality Management, Human Resource Management, Cost Management, Stakeholder Management, Procurement Management and Communications Management|
|Suitable for||Working professionals related to the fields of business administration and consulting can aim for CBAP||Individuals interested in management and HR can look forward to get PMP|
|Eligibility||A candidate willing to be CBAP authorized business analyst must complete at least 7,500 working hours in fields related to business analysis||A graduate must have 3 years of working experience to get PMP certification, while an individual having secondary degree must have experience of 5 years|
|Industries||A CBAP is an useful asset for every type of business||PMP is hired in industries that need to deal with customers|
|Career possibilities||A CBAP certified working professional can expect an annual average salary of $90,000||$114,000 can be expected by a PMP certified individual|
|Parent Organization||CBAP is conducted by International Institute of Business Analysis (IIBA)||Project Management Institute (PMI) conducts PMP certification exam|
|Levels||PMP does not have levels||CBAP Certification is one of the different levels of Business Analysis certifications offered by IIBA on the basis of work experience|
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About the Author: Bhumika Gupta is a seasoned Technical Content Writer and Content Developer and has been awarded with a National Certificate for her writings. She is keenly interested in the training sector and is currently working as a Senior Content Writer at Multisoft.