Further to Patrick's answer APM do recognise PRINCE2 learning by exempting PRINCE2 holders from some parts of the APMP exam. PRINCE2 holders sit a shorter 2 hour paper that reflects their prior learning. Further details are available here http://www.apm.org.uk/APMP2
Answered by Carl Marsden, 14 June 2012 - 16:43
Whenever I've come across any reference to the PMP qual, it was actually referencing the APMP qual. I don't believe that there is any difference.
Answered by .pnaybour, 24 October 2012 - 15:40
The APM do not recognise the PMI qualifications and the PMI do not recognise the APM qualifications. At heart they are in-fact very similar as the two bodies of knowledge follow the same approaches. In face the same people wrote some parts of both.
The APM qualifications are most recognised in the UK and mostly by the individual and corporate members of the APM. They have a wide range of qualifications from and introductory level to the managers of complex projects. The APMP is a foundation level qualification, which covers all the basics of project management and leads to a 3 hour written exam.
The PMI PMP qualification has a much wider international following with over 400,000 people holding the PMP. It is very strong in the USA but also Asia. To take the PMP you need to demonstrate you have either 3 or 5 years experience managing projects (3 years if you have a degree), complete a training course and pass a 4.5 hour multiple choice exam.
So your decision really depends upon where you see you project management career taking you. If it is within the UK then follow the APM route, if you want to work outside the UK, or for a USA based multi-national then go for PMP. In some cases it can be worth doing the APMP first and then the PMP once you have the experience. The bodies of knowledge are quite complementary.
We have integrated development road map on our site at http://www.parallelprojecttraining.com/our-approach/apm-prince2-pmp-project-management-certification-roadmap which might help.