What is Project Management Professional (PMP® )Certification?
Why is the Project Management Professional (PMP®) valuable to Individuals?
Top 10 Reasons for Earning a Project Management Institute (PMI®) Credential
Top 10 Reasons for Organizations to support Project Management Institute (PMI®) credentials
So How Does It Work?
Project Management Professional (PMP®) Credential Maintenance
1. What is Project Management Professional (PMP®) Certification?
Project Management Professional (PMP®) certification. It is designed to objectively assess and measure professional knowledge. This accomplishment is highly regarded by colleagues and employers because you must demonstrate ongoing professional commitment to the field of project management by satisfying Professional Development Program requirements.
2. Why is the Project Management Professional (PMP®) valuable to Individuals?
Stand out from the crowd and demonstrate your project management skills with a globally recognized credential. You not only get recognized for your skills and knowledge during the vigorous credentialing process, but also show your dedication to the profession and professional development.
As the number of projects swell, the pool of credentialed talent is not keeping pace. A shortage of 6 million skilled project professionals is expected by 2013. Add to the fact that, of the 20 million people participating in projects worldwide, just one million have professionally recognized formal training on how to best execute the projects. The demand for skilled Project Managers is at a critically urgent level.
Certification is an important step in career development and recognizes qualified and competent individuals. Here are the top ten reasons why project management practitioners become Project Management Institute (PMI®)certified.
1. Project Management Institute (PMI®) credentials show your commitment to the project management profession. When you earn a Project Management Institute (PMI®) credential, you show peers, supervisors and clients your commitment to the profession, PMI’s code of ethics and your ability to perform the functions of a project management practitioner to a certain level.
2. Project Management Institute (PMI®)credentials recognize your knowledge, skills and abilities. Project Management Institute (PMI®) serves as an unbiased endorsement of your project management knowledge and professional experience on a global level.
3. Project Management Institute (PMI®)credentials reflect achievement. Our credentials show that you have demonstrated excellence in the field by meeting standard requirements established by global project management practitioners.
4. Project Management Institute (PMI®) credentials can lead to greater earnings. Many credential holders experience salary increases because of their certification status.
5. Project Management Institute (PMI®)credentials can lead to career opportunities and advancement. Our family of credentials identifies you as a practitioner who has demonstrated competency in project management processes or in knowledge and experience in specialty areas of practice based on industry standards.
6. Project Management Institute (PMI®) credentials prepare you for greater job responsibilities. Our credentials indicate your willingness to invest in professional development. This enables credential holders an awareness of changing processes and terminology in the field.
7. Project Management Institute (PMI®)credentials improve skills and knowledge. Preparation for a Project Management Institute (PMI®)credential requires study and review of current project management processes. Earning a credential highlights your knowledge and competence and proficiency in your practice.
8. Project Management Institute (PMI®)credentials build self confidence. With a Project Management Institute (PMI®)credential, you define yourself beyond a job title while gaining a sense of personal satisfaction.
9. Project Management Institute (PMI®)credentials allow for greater recognition from peers. Project Management Institute (PMI®) credential holders gain increased recognition from their peers for taking the extra step in professional development.
10. Project Management Institute (PMI®) credentials enhance the profession. Project Management Institute (PMI®)’s certification program promotes practitioners and supports ongoing professional development.
Risk Mitigation. In this economic environment, it would be irresponsible to ignore the risk of being caught in a layoff. That Project Management Professional (PMP®) after ones name could mean the difference between weeks and months when searching for a new job. If you are hoping to change careers from a technical to a project management career, Project Management Professional (PMP®) is essential.
Marketability Approximately 70% of project management positions require a Project Management Professional (PMP®) certification and much of the remainder consider having a Project Management Professional (PMP®) as a preferred asset.
Employers have come to value the Project Management Professional (PMP®) as evidenced by the growth in the number of employees receiving the credential. Today there are over 2, 65,000 professionals credentialed with the Project Management Professional (PMP®) in over 170 countries.
Recognition: If you are already doing project management activities, why not get recognized for your work? Many individuals have Project Management at the heart of their jobs yet do not have a title of Project Manager. If you are in this category, by obtaining your Project Management Professional (PMP®), you can get external validation and recognition for your experience and may be in a better position to negotiation a salary increase.
Value of the Project Management Professional (PMP®) for Organizations
For organizations, the most significant benefit of Project Management Institute (PMI®)credentials is that it allows them to assemble project teams of credential holders and reap many rewards, ranging from improved processes and results to employee retention.
4. Top 10 Reasons for Organizations to support Project Management Institute (PMI®) credentials
Leading organizations and governments around the world invest in professional credentialing for project management.
By supporting Project Management Institute (PMI®)credentials…
1. Your workforce will understand processes and terminology. To obtain a credential, individuals must pass a multiple-choice exam and other evaluations based on the current body of knowledge and tasks related to the job role.
2. Your workforce will be more disciplined. Credential holders are not only tested on their knowledge of project management terminology and processes, but also on their competence to perform in their role.
3. Your workforce will know what to look for before they start a project. By understanding the common processes and terminology, your project team knows the steps to initiating, executing and closing a project thereby making success more likely.
4. Your workforce will value team work. Certified project management practitioners tend to have good communication skills, human resource management and to take advantage of diverse expertise through collaborative efforts.
5. Your clients will have increased confidence because your project team uses baseline of terminology and practices. This shows that your project team operates in harmony with one another creates more efficient and fluent workflow and leads to better results. Clients can trust that projects will be handled in a better way.
6. Your clients will have increased confidence because your credentialed project team has an ethical code. Project Management Institute (PMI®)credential holders must adhere to the Project Management Institute (PMI®) Code of Ethics and Professional Conduct which shows clients that your project team operates with integrity.
7. Your clients will have increased confidence because your project team has knowledge of the most up-to-date global practices. Project Management Institute (PMI®) credential holders must participate in the Continued Certification Requirements (CCR) program to maintain an active certification status. The CCR program requires credentials holders to partake in professional development activities throughout the year.
8. You will have repeatable processes and improved project results. This prevents you and your project teams from having to start from scratch every time you begin a new project because disciplined project management calls for lessons learned and shared process assets.
9. You will retain employees by investing in their professional development. When you invest in your employees’ professional development, you show your commitment to them and in turn, they will be more committed to the organization. You will be able to retain employees and attract new talent.
10. You will help grow the profession of project management. By endorsing Project Management Institute (PMI®)credentials, you provide long-term career paths in project management for your workforce.
Validation: Project Management Professional (PMP®) certification is valuable because it validates the manager’s experience and capabilities and presents employers with a measure of “quality assurance” by signifying that the individual has the necessary skill set and experience to manage the organization’s projects successfully.
Win Contracts: The Project Management Professional (PMP®) is a competitive advantage to feature in response to RFP’s (Request for Proposal) and working with clients. Many RFP’s now (including Government RFP’s) are requiring vendors to provide a Project Management Professional (PMP®) to manage their projects. If your organization is in the services or products business, then demonstrating that your project managers are credentialed is necessary for a competitive marketplace.
The PMP® designation demonstrates that you possess a solid foundation of experience and education in project management. Project Management Professional certification has been rated4th hottest certification in CertCities.com’s “10 Hottest Certifications for 2005 2006.
Easier Hiring: By requiring that both internal and new project managers have attained their Project Management Professional (PMP®) credential, you are certain to simplify your hiring and promotion processes. The Project Management Professional (PMP®) credential can fit into your overall HR strategies and processes and be a professional credential companion to the qualification process for project management.
Common Language: A significant amount of conflict and wasted energy is due to miscommunication and lack of knowledge management. Inherent to improving communications is the development of a common language. By ensuring your project managers across the organization have their Project Management Professional (PMP®), you will be enabling productivity gains.
Improved Results: By supporting a project management culture that includes recognition and professionalism, you will see real improved results in the actual delivery of your project and portfolios.
The first step is to fill out an online application form documenting your relevant experience and submit the form to Project Management Institute (PMI®) for approval. This application form is needed before you can schedule an exam date.
The Application Form: The fastest way to get approved is to fill out the online application form. Project Management Institute (PMI®)encourages you to apply online, however, printable application forms are available on their website if you choose to mail in your application.
Before you apply, please read the online handbook for the credential in which you are interested. The handbook includes detailed information about the credential and Project Management Institute (PMI®) policies and procedures. It is important that you familiarize yourself with Project Management Institute (PMI®) processes before you begin so that you know what to expect and what is expected of you.
You simply go to www.pmi.org and look for the online application form. You can save the application in-progress and be prepared to spend 2-3 5-8 hours just filling out the application. You will need to fill in the qualification requirements as follows.
Experience Hours: You have to demonstrate a minimum amount of experience conducting project leadership activities (your title need not be ’project manager’). The experience you need depends on whether you have a University degree or not.
With a University Bachelor’s Degree or Global equivalent
At least 3 years unique non-overlapping professional project management experience during which at least 4,500 hours were spent leading and directing project tasks 35 contact hours of specific instruction in project management
High school diploma, Associate’s Degree or Global equivalent
• At least 5 years unique non-overlapping professional project management experience during which at least 7,500 hours were spent leading and directing project tasks• 35 contact hours of specific instruction in project management
The Fee: Once you have submitted your application, you will be notified that the process may take a few days. If your application has been approved, you will be directed to a secure site to make your payment. At the time this paper was printed, the fee was $405USD for Project Management Institute (PMI®) members and $555USD for non-members. You will be given a code to use when booking your exam.
IIBS offers the Project Management Course every 6 weeks.
The six-day course is very comprehensive and helps you learn PMBOK® (Fourth Edition) and the other reference material. We go through sample questions and various exercises to test your knowledge as we go through the course.
• Our instructors are excellent facilitators and passionate about success of our students.
• Our courses are conveniently located and offered every 6 weeks so you can be sure of a reliable schedule once you book the time.
• The Project Management Professional (PMP®) examination is comprised of 200 multiple-choice questions. A key reference is the PMBOK® plus additional
• Topics in leadership, communications, and professional responsibility.
• Of the 200 questions, 25 questions are pretest questions. Pretest questions do not affect the candidate’s score. The pretest questions are randomly placed throughout the exam.
• To pass, candidates must answer a minimum of 106 of the 175 scored questions correctly
• The computer-based examination is conducted at a Prometric Examination Centre.
• The allotted time to complete the Computer Based Testing (CBT) examination is 4 hours. This 4 hour period is preceded by a 15-minute computer tutorial.
• The Project Management Professional (PMP®) certification cycle lasts three years from the date you pass the examination, during which you must attain no less than 60
• Professional development units (PDUs) toward credential maintenance. These PDU’s may be earned by attending educational programs offered by educational organizations registered with Project Management Institute (PMI®) and designated as Project Management Institute (PMI®) Registered Education Providers (REP’s)
• These providers adhere to quality criteria established by Project Management Institute (PMI®) and are solely authorized to issue PDU certificates to attendees.
The Project Management Professional (PMP®) designation demonstrates that you possess a solid foundation of experience and education in project management. Project Management Professional (PMP®) certification has been ranked at no. 4 position (one of the best independent editorial on the Web for the certified IT professional community covering more than 120 IT Certifications) “10 Hottest Certifications for2006″.
PMP, PMI and PMBOK is a registered marks of Project Management Institute Inc.