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Project Management Certification
The field of project management is booming. Analysts anticipate that 1.57 million new project management positions will become available by the year 2020. That is because small and large organizations understand the importance of having individuals with project management skills guiding the completion of essential business objectives.
The Project Management Institute (PMI) offers a way forward for business professionals looking to obtain a project management certification. Participants can take online courses or arrange to attend live classes. They also teach students how to apply their skills to real-world scenarios.
Project managers can be instrumental in reducing the number of IT project failures in an organization. They can organize meetings designed to bring together the right stakeholders in a project. From there, they make sure the right questions get asked and answered as they work out strategies that will get the project to the finish line.
Anyone interested in pursuing a PMI project management certification should make sure they understand everything that path entails. That will allow them to make choices that will lead them down their desired career path.
CAPM vs PMP: A Certification Comparison
Both the Certified Associate in Project Management (CAPM)® and the Project Management Professional (PMP)® provide a significant boost to professionals looking to advance their careers. It is important to understand the differences between them and the weight they carry for those who might consider them for roles higher up in an organization.
CAPM Certification Requirements
The CAPM certification serves as an entry-level qualification for those interested in pursuing project management as a career. It allows those who lack a lot of formal business experience to expand their knowledge and gain an understanding of the terminology, processes, and skills needed to be a successful project manager.
Individuals must complete the following prerequisites before pursuing a CAPM certification.
- A secondary degree, which can include a high school diploma or an associate degree from a certified institution
- At least 1,500 hours of professional experience as part of a project team (or 23 contact hours of formal education)
The exam itself consists of 150 multiple-choice questions that must be completed within a three-hour time limit. Test-takers are not allowed to bring in reference materials. The exam must be retaken every five years to maintain the certification.
PMP Certification Requirements
The PMP Certification from PMI is recognized at the gold standard of achievement for project managers. The professional credential lends a high level of credibility to those pursuing project management as a career. PMI’s PMP program received ISO/IEC 17024 accreditation back in 2007 and is endorsed and recognized by more than 85 countries.
Individuals must have at least one of the following prerequisites before pursuing a PMP certification.
- A secondary degree, which can include a high school diploma or an associate degree from a certified institution
- A minimum of five years of formal project management experience
- Earn at least 7,500 hours of experience in leading projects
- Obtain 35 hours of project management education validity
- Obtain a four-year degree from an accredited institution
- Have at least three years of formal project management experience
- Earn at least 4,500 hours of experience in leading projects
- Obtain 35 additional hours of project management education
The exam itself consists of 200 multiple-choice questions that must be completed within a four-hour time limit. Test-takers are not allowed to bring in reference materials. PMP Certification NYC requirements are no different than anywhere else when it comes to project management education requirements.
The Benefits of Being PMP Certified
Earning a PMP certification gives individuals credibility in the eyes of potential employers. It also increases the chances of being placed on a path to gain the experience needed to obtain a PMP certification. Here are some other reasons why it might be worthwhile to get a PMP credential.
1. Adds Weight to a Resume
Having a PMP certification moves an individual to the front of the line when applying for a job. Interviewers amy prioritize applications that mention having a PMP certification. Applicants lessen their chances of being filtered out before they can even make it to a formal job interview.
2. Increases Chances for a Promotion
Individuals can increase their chances of consideration for roles carrying more responsibility within an organization. They can also expand the number of positions for which they qualify since some require the applicant to have a PMP certification.
3. Provide Industry Recognition
Industries and organizations around the world recognize the importance of the PMP certification. That means individuals can travel anywhere in the world and receive consideration for any number of positions, regardless of their industrial background. That is because companies believe the presence of PMP-certified employees increases their chances of continued business success.
4. Aids in Learning Vital Skills
The path to obtaining a PMP certification is not an easy one. The high standard means individuals must do extensive preparation. That means mastering practical applications of project management skills in a business setting and becoming adept at leveraging hard and soft skills. That includes being able to run a meeting effectively by leveraging tools like Docket.
Those pursuing a PMP certification must become well-versed in project management processes, tools, techniques, and methodologies. They must continually expose themselves to current trends and best practices to keep their company vital.
5. Higher Income Potential With PMP Certification Salary
Even going after a Certified Associate in Project Management (CAPM)® can help an individual’s potential to earn more in the future. PMP-certified individuals are often among the highest-paid in an IT organization. For example, the PMP salary 2018 was around $90,000 in the US.
Individuals can expect a PMP salary increase average that rivals that of any other technical field. For example, a project manager in NYC with at least seven years of experience can average $108,000. The salary benefits of PMP certification may vary by locale, as the PMP certification salary for UK workers comes in around $61,000. Still, the PMP certification salary for individuals is typically 20% higher than those without the credential.
PMP Certification Preparation and Training
Individuals must be prepared to commit the time needed for proper PMP certification training. They can start by studying the PMP handbook and obtaining a copy of the outline of topics covered in the current PMP exam. Continuous project management education is the best thing people can do for preparation.
Those looking for more structured training can sign up for a PMP course hosted by PMI chapters located near their city. They can also receive instruction from Registered Education Providers (R.E.P.s) qualified to teach project management courses.
They also offer project management courses for beginners. It is also a good idea to go over the latest edition of the PMP handbook “A Guide to the Project Management Body of Knowledge (PMBOK® Guide)” for additional instruction.
It can also help to draw up a formal plan for study. Set aside time each day to go over a topic relevant to the exam. Individuals can also take practice tests to get an idea of how good a grasp they have on the PMP test material. These mock tests mimic the length of the actual exam, giving people time to get used to the focus and concentration required to finish the entire test in one sitting.
Forming study groups with others looking to take the exam can be beneficial. Having company in the PMP certification journey can keep everyone motivated. It also helps to quiz each other on exam topics to increase the overall preparedness of the group.
- Creating a Certified Associate Project Management cheat sheet to take along to study during the day
- Checking for project management education online from an employer
- Bookmarking information found in a Certified Associate in Project Management pdf.
The reach of the PMI makes it possible to receive Project Management Training in Indianapolis and pretty much any other area of the country. Individuals should be able to obtain any needed PMP books as well.
Individuals can find out more information about obtaining a PMP certification online or by other means by starting their search on the internet. Here are some examples of queries that can be entered to take people in the right direction, depending on their location.
Common Project Management Certification Queries
- PMP Certification Online
- PMP Certification India
- Project Management Certification NYC
- Project Management Certification Near Me
- Project Management Certification Ivy Tech
- Project Management Certification IUPUI
- Project Management Certification CUNY
- Project Management Certification Long Island NY
- Project Management Professional Certification Fort Wayne IN
- PMP Certification Boston
Make sure to include PMP, CAPM, or other terms related to a PMI certification into a search engine. That should pull up information relevant to an individual that can assist them in their study, training, and qualification efforts.
Here are some other PMI certifications offered depending on the interests of individuals.
Program Management Professional (PgMP)®
Created for individuals tasked with handling complex projects designed to achieve specific results for an organization.
Portfolio Management Professional (PfMP)®
Designed for individuals with advanced portfolio management skills. The certification allows them to prove their ability in coordinating the management of company portfolios for the benefit of the organization.
PMI Professional in Business Analysis (PMI-PBA)®
Allows individuals to demonstrate expertise in business analysis. They can show their effectiveness at working with stakeholders to shape business requirements and drive successful business outcomes upon the completion of projects.
PMI Agile Certified Practitioner (PMI-ACP)®
Designed for those who are adept at applying agile principles and practice to their projects. They must have a sound foundational in using various agile disciplines like SCRUM, LEAN, XP, and Kanban.
PMP Certification Costs
The costs of obtaining a PMP certification vary. Those who are members of the PMI pay lower exam costs than those who are not. Here are some of the fees associated with the various PMP certification tests. All prices are current as of 2019.
- CAPM Certification Cost — $225.00 for members, $300.00 for non-members
- PMP Certification Cost — $405.00 for members, $555.00 for non-members
- PgMP Certification Cost — $800.00 for members, $1,000.00 for non-members
- PfMP Certification Cost — $800.00 for members, $1,000.00 for non-members
- PMI-PBA Certification Cost — $405.00 for members, $555.00 for non-members
- PMI-RMP Certification Cost — $520.00 for members, $670.00 for non-members
- PMI-ACP Certification Cost — $435.00 for members, $495.00 for non-members
- PMI-SP Certification Cost — $520.00 for members, $670.00 for non-members
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