An internationally recognized qualification on your CV might open up a new universe of prospects for you. For example, the Project Management Professional (PMP) and the Certified Business Analysis Professional (CBAP) is widely recognized as benchmarks of professional achievement. But when it comes down to PMP and CBAP certification, which one should you take?
Learn more about their overall scope and which will be more suitable for your career; let us see.
Quick comparism between PMP and CBAP certification
In a nutshell, whether you should pursue certification in either CBAP or PMP mainly relies on your professional aspirations and experience. For example, get the CBAP credential if the business analysis is your primary job function. On the other hand, if you’ve led multiple projects in the past and managed to complete them efficiently, you may take the PMP certification to certify your achievement and develop your abilities.
There is a difference between the roles that require a CBAP and those that require a PMP certification. Their expertise areas are considerably distinct, too. So how does that work, exactly?
What is the CBAP Certification about?
Business analysts with lots of expertise in the area are the target audience for CBAP (Certified Business Analysis Professional). Earning this credential demonstrates that you have the skills necessary to succeed as a business analyst.
The Toronto, Canada-based International Institute of Business Analysis (IIBA) is the organization that issues these credentials. However, the test is administered by computer, making it convenient for candidates worldwide to take the exam and receive the certification.
The BABOK Guide Knowledge Areas on which CBAP certification is based are as follows:
- Analyzing Tactics
- Planning and Control in Business Analysis
- Analysis of the Resolution
- Calls for Participation and Solicitation
- Requirements Management of the Life Cycle
- Defining Needs via Analysis and Design
PMP Certification: What is it about?
The Project Management Professional (PMP) credential is widely acknowledged as evidence of a candidate’s mastery of project management from start to finish. It is structured around 10 categories of information, including as
- Controlling Project Interdependencies
- Limiting the Breadth of a Project
- Timing and Scheduling in Projects
- Controlling Expenditures in a Project
- Managing Quality in Projects
- Controlling Project Resources
- Coordinating Messages for a Project
- Management of Risk in Projects
- Methods for Managing Supplies in a Project
- Management of Project Stakeholders
After earning the certification, you should feel more prepared to manage big teams and lead complex projects. You will learn how to manage your time, your team, your budget, and your resources, thanks to the comprehensive nature of the training materials.
Project Management Institute (PMI), based in Pennsylvania, United States, is responsible for issuing the credentials in question. The test is also computer-based and available to anybody from anywhere, much like the CSA certification.
The comparative demand career trends
Going by the global career trends, we were able to determine that, in most regions of the world quickly, but notably in Asia, PMP is more popular than CBAP.
The certifying authority that grants CBAP is situated in Toronto. Therefore it’s not surprising that the program strongly focuses on Canada. Nonetheless, this is no indication that CBAPs are out of luck in employment. On the contrary, being a CBAP can be advantageous because so few people have it.
The PMP credential is more widely recognized in the business world than the CBAP credential, and this popularity translates into more employment prospects and higher career development for those with it.
Conclusion
To sum up, we can say that both CBAP and PMP are much sought-after. However, based on your personal career goals and requirements, you can choose what will suit you better. Sixth Dimension Learning is the best for your career if you are looking for the best PMP exam prep course.