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Is Agile Project Management Effective For Financial Services?

Working in the Financial Services industry for the past 13 years as a project manager has had its challenges.  My organization is a weak-matrixed structure, so project managers really have little to no power from resourcing to managing costs.  (I’ve never had to manage a budget in my entire career as a project manager – how is that possible?)  Throughout my career I’ve learned that PMP is only valued if you work in IT performing Waterfall projects.  As the company gravitated from Waterfall to Agile projects, the thought process shifted from PMP concepts to our own handpicked, homegrown ways of tracking projects.  I only learned about Agile by being a part of a program where I resided in IT as a project manager, 13 years ago. Since I returned to the business side, IT has become extremely Agile and reinforces use of PMP concepts around the appropriate PMBOK knowledge areas.  For the past 5 years, I am managing business projects and challenges exist around the adoption of Agile and its primary concepts.  PMOs are relatively new to my organization (less than 5 years) and based on our weak-matrixed structure, not much direction exists around the best practices that our IT partners utilize to show the value of ‘their’ projects.  I’ve seen many projects never reach the completion stage and if they do; there is no value provided to senior leadership around ROI, IRR, etc. as it was never tracked properly (if at all) or they wanted to determine ROI after the project closed.For the past 5 years, I have worked on a program in the business to assist with implementing new Marketing Technology throughout my global organization.  The constant question I would be asked from my business partners is, ‘What value are you providing to us in this effort?’  First, let me provide some context.  The group I work in is considered shared services, so we never charge our business partners for our ‘services’.  My group also relies on the business to provide the budget and resources for implementing these new technologies.  I believe this is another reason why it has taken 5 years to implement just 1 technology and we have about 4-5 more in the pipeline waiting for funding.Here lies my challenge – how do I answer the question about how my group is providing value with the work we are supporting and leading?  I’ll use an analogy.  The approach my group has found to be most viable is as simple as teaching a child how to ride a bike.  Until they are comfortable with the training wheels, the parent needs to keep their hand on the back of the bike seat.  Once the parent feels the child has the confidence; they let go and the child doesn’t even know the parent wasn’t supporting them.  Step 1 complete!  Next step, the wheels come off and the process is repeated.  Once the child has mastered balance, the parent let’s go and the child knows how to ride a bike for the rest of their life.  Step 2 complete!Same is the case with a project manager and his team in the initial days and after a certain period of time. This is depicted in the figure below.Since I don’t have a budget and resources to manage, my group goes back to the basics.  Step 1: Riding with training wheels.  We ask our business partners if they are using the new technology and what they are using it for.  In other words, are they using the data they are getting the right way?  For example, In order to assist our business partners with this, my team partners with an analytics insights group within my department to consult with our business partners to help them see the value they may obtain by successfully running a marketing campaign to drive a conversion – such as purchasing or investing in a specified product.  Step 2: Remove the training wheels.  Once the business recognizes they can see the value out of using the data properly, they are off and running with a few touch points for consulting in case they want continue to obtain more value from the data.  It’s that easy, right?  Well, not really.  In my organization, most of our business partners do not know how to take the next step to gain more value; such as tying in all channels – web, mobile, advertising, print, email, etc.  That is where hiring the right resources with the right skillset for roles and possibly bringing in external resources to grow the business in that knowledge area is critical.I feel, in my organization, applying PMBOK knowledge and running projects using many of its recommended standards would be helpful in this endeavor.  First and foremost, with being able to utilize the right resources in-house or external resources who have the skillset you need to be successful is one simple step in the right direction. Secondly, implementing ways to capture value by performing initial analysis through project selection to determine ROI, IRR, NPV, FV and cost-benefit analysis.  Third, during the project life cycle, utilize Earned Value Management and other budgeting techniques to hold the project team accountable for their progress and quality of work.  To me these are basic concepts that my organization isn’t performing well at all levels.  By becoming a balanced or strong-matrixed organization we would be able to leverage the PMO to start recommending standards to head in the right direction.
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Is Agile Project Management Effective For Financial Services?

474
Is Agile Project Management Effective For Financial Services?

Working in the Financial Services industry for the past 13 years as a project manager has had its challenges.  My organization is a weak-matrixed structure, so project managers really have little to no power from resourcing to managing costs.  (I’ve never had to manage a budget in my entire career as a project manager – how is that possible?)  Throughout my career I’ve learned that PMP is only valued if you work in IT performing Waterfall projects.  As the company gravitated from Waterfall to Agile projects, the thought process shifted from PMP concepts to our own handpicked, homegrown ways of tracking projects.  I only learned about Agile by being a part of a program where I resided in IT as a project manager, 13 years ago. Since I returned to the business side, IT has become extremely Agile and reinforces use of PMP concepts around the appropriate PMBOK knowledge areas.  

For the past 5 years, I am managing business projects and challenges exist around the adoption of Agile and its primary concepts.  PMOs are relatively new to my organization (less than 5 years) and based on our weak-matrixed structure, not much direction exists around the best practices that our IT partners utilize to show the value of ‘their’ projects.  I’ve seen many projects never reach the completion stage and if they do; there is no value provided to senior leadership around ROI, IRR, etc. as it was never tracked properly (if at all) or they wanted to determine ROI after the project closed.

For the past 5 years, I have worked on a program in the business to assist with implementing new Marketing Technology throughout my global organization.  The constant question I would be asked from my business partners is, ‘What value are you providing to us in this effort?’  First, let me provide some context.  The group I work in is considered shared services, so we never charge our business partners for our ‘services’.  My group also relies on the business to provide the budget and resources for implementing these new technologies.  I believe this is another reason why it has taken 5 years to implement just 1 technology and we have about 4-5 more in the pipeline waiting for funding.

Here lies my challenge – how do I answer the question about how my group is providing value with the work we are supporting and leading?  I’ll use an analogy.  The approach my group has found to be most viable is as simple as teaching a child how to ride a bike.  Until they are comfortable with the training wheels, the parent needs to keep their hand on the back of the bike seat.  Once the parent feels the child has the confidence; they let go and the child doesn’t even know the parent wasn’t supporting them.  Step 1 complete!  Next step, the wheels come off and the process is repeated.  Once the child has mastered balance, the parent let’s go and the child knows how to ride a bike for the rest of their life.  Step 2 complete!

Same is the case with a project manager and his team in the initial days and after a certain period of time. This is depicted in the figure below.

Project Manager Team Road Map
Since I don’t have a budget and resources to manage, my group goes back to the basics.  Step 1: Riding with training wheels.  We ask our business partners if they are using the new technology and what they are using it for.  In other words, are they using the data they are getting the right way?  For example, In order to assist our business partners with this, my team partners with an analytics insights group within my department to consult with our business partners to help them see the value they may obtain by successfully running a marketing campaign to drive a conversion – such as purchasing or investing in a specified product.  Step 2: Remove the training wheels.  Once the business recognizes they can see the value out of using the data properly, they are off and running with a few touch points for consulting in case they want continue to obtain more value from the data.  It’s that easy, right?  Well, not really.  

In my organization, most of our business partners do not know how to take the next step to gain more value; such as tying in all channels – web, mobile, advertising, print, email, etc.  That is where hiring the right resources with the right skillset for roles and possibly bringing in external resources to grow the business in that knowledge area is critical.

I feel, in my organization, applying PMBOK knowledge and running projects using many of its recommended standards would be helpful in this endeavor.  First and foremost, with being able to utilize the right resources in-house or external resources who have the skillset you need to be successful is one simple step in the right direction. Secondly, implementing ways to capture value by performing initial analysis through project selection to determine ROI, IRR, NPV, FV and cost-benefit analysis.  Third, during the project life cycle, utilize Earned Value Management and other budgeting techniques to hold the project team accountable for their progress and quality of work.  To me these are basic concepts that my organization isn’t performing well at all levels.  By becoming a balanced or strong-matrixed organization we would be able to leverage the PMO to start recommending standards to head in the right direction.

Denise

Denise Aronson

Blog author

Denise Aronson has worked in the financial services industry for 18 years, gaining experience in digital marketing, data analytics, and project management. As a seasoned digital project manager, she has a proven track record of implementing $5M+ enterprise level marketing technologies.  Most recently, she managed a Leadership Symposium event bringing 2,600 global leaders to the U.S. for a 2 day conference.  She is passionate about advancing the use of data and analytics to drive business decisions and successfully managing projects. In addition to project management, she is also involved in the Digital Analytics Association Women in Analytics group and her PMI local chapter group. Outside of the office, Denise enjoys attending concerts, sailing, and making artisan breads.
 

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Top-paying Agile Certifications to Consider in 2019

The potential positives of Agile and Scrum training are many. Much explains why these training courses have exploded in popularity. The demand for Agile and Scrum training and related courses has not only just increased but intensified in the recent years. One can state with confidence that the era of the non-Agile projects is almost gone!Benefits of Agile certifications:Today, Agile and Scrum occupies a sizable niche in the corporate sector, and this exactly has spurred an increasing number of IT professionals to pursue these trainings. As a software professional, if you wish to firmly plant yourself into the Agile confines, it is nearly time you explore some of the top training programs.This following sections will present condensed overviews of some of the highest-paying certifications you need to consider to boost your career.1. Agile and Scrum Training:Salary: The average salary of an individual with Agile and Scrum skills is $111,000 per year.Agile methodology offers incredibly enhanced productivity and quality. Agile practices include risk mitigation, new requirements, meeting customer demands and continuous improvement with pre-planned Sprint. Today, the rising demand for such practices in the organizations have made Agile and Scrum very popular.According to the State of Scrum report 2017,“Agile and Scrum methodology is increasing beyond IT and taking hold in diverse industries.”Benefits of Agile and Scrum trainingAn individual will know the difference between the Agile and traditional project development methodologies.Understand how Agile method can be well fitted into the software development projects.Learn the cycle: Concept-Initiate-Deliver-DeployAdopting Agile will help you attain enhanced business value.An individual will earn 8 PDUs and 8 SEUs and course completion certificate.Prerequisites for Agile and Scrum training:There are no specific requirements to obtain Agile and Scrum training. The workshop is for the interested candidates, those want to learn more about the Agile Manifesto, its framework and techniques.Note: Interested individuals should make sure that the chosen institute is a Registered Education Provider (REP) of  “Scrum.org”, the globally renowned certifying body for Agile methodology.2. Certified Scrum Master® (CSM) TrainingSalary: The average salary of CSM is $106,938 per year.The Scrum Master is the facilitator of an Agile project who removes obstacles, manage processes and ensures that the team adheres to the Scrum values and practices that are religiously followed in the top organizations. The CSM® training will help you achieve proficiency in the processes of Scrum methodology.Note: Interested individuals make sure that the chosen institute is a Registered Education Provider (REP) of  “Scrum Alliance”, the globally renowned certifying body for Agile community.Prerequisites for CSM® Certification Training-You don’t need any prerequisites for attending the course. After completing this course, the candidates will receive an email which includes a link to generate your login credentials. You can use that data to take the test online. The CSM test fee is included in course fee, however, retake of the exam will cost $25.3. Professional Scrum Master (PSM)® Training:Salary: The average salary of a PSM is $100,500 a year.The Professional Scrum Master™ (PSM) training entails a deep understanding of the basics of Scrum and makes clear the other practical approaches and mechanisms in Scrum. The key learnings of this course consist of team dynamics, team motivation, conflict resolution and improved planning and estimation.Prerequisites for PSM® Training-Any interested individual can attend the training and certification exam as well. Once you complete the course, you will receive a password to attend the PSM I assessment conducted by Scrum.org. Then an individual can subsequently proceed to undertake level II and III assessments.CSMPSMBenefitsScale the Scrum frameworkfrom small sized to large sizeprojectsUnderstand the fundamentalaspects, roles, attributes,serva nt—leadershi p feature,and overall foundation ofScrumCandidates can earn 1446PDUs and SEUsThey will learn how to handlethe robust situations and howto apply Scrum framework toreal projectsCourse completion certificate(ifthe institute is certified byfamous accreditation body)16 PDUs and 16 SE Us andcou rse completion certificateby 5crum.org (if the preferredinstitute is registered withScrum.org)4. Certified Scrum Developer® (CSD) TrainingSalary: The average salary of CSD is $71,750 per year.The Certified Scrum Developer® (CSD) training is especially designed for the programmers who are building software in the Scrum environment. The CSD training is dedicated to exposing the individuals to the Scrum tools and techniques required to build a software.Benefits of Certified Scrum Developer® (CSD) TrainingThis course will help individuals to-Note: It is better to get certified by the institute which is a Registered Education Provider (REP) of Scrum Alliance.Prerequisites for CSD® TrainingIn order to get CSD® certified, you need to attend at least 5 days of formal training by a Registered Education Provider (REP) of Scrum Alliance and the SA certified instructor. CSM certification holders can skip the first 2 days of training and directly take training from the 3rd day.5.  Professional Scrum Developer® (PSD) TrainingSalary: The average salary of PSD is $93,734 per year.The Professional Scrum Developer® (PSD) training is especially designed for the programmers who are building software in the Scrum environment. The PSD training is dedicated to exposing the individuals to the Scrum tools and techniques required to build a software.Benefits of Professional Scrum Developer® (PSD) TrainingThis course will help individuals to-Prerequisites for CSD® TrainingIn order to get PSD® certified, you need to attend 3 days of formal training by a Registered Education Provider (REP) of Scrum.org and the Certified Scrum Trainer (CST). The candidates should have programming experience and  have undergone Scrum foundation training or atleast have working experience in Scrum team.CSDPSDBenefitsLearn the Scrum foundationand understand the role andscope of a CSD.After the certification,candidates will be able toimplement the projectsuccessfully using Scrum.Grow their career for thebetter Opportunities ínadoptingAgí|e practices in ITcompanies.Also, the car|dídate's namewill get lísted in the Scrumorgwebsite.Demonstrate Scrumknowledge to the employersand the team members.Create cross-functional andself-organised teams.Connect with the Scrum com-munity that is committed tocontinuous improvement.Earn 24 PDUS and 24 SEUSupon completion of 3-dayTraining.Earn 40 PDUs and 40 SEUsupon cumpletíon of a 5-dayTraining / 24 PDUS and 24SEUs upon completion of3-day.Trair1TngCourse completion certificateand logo by Scrum.orgCourse completíon certificateby Scrum Alliance (if theinstitute ís certífied by ScrumAlliance]Increase understanding inAgile engineering practicesand learning supportive ALMtools for creating more6. Certified Scrum Product Owner® (CSPO) TrainingSalary: The average salary of a CSPO certified professional is $101,459 per year.The Product Owner is a critical role of the Scrum team and bears the responsibility to lead a project successfully, collaborating with the stakeholders and team in the Daily Scrum, and managing the business targets.Prerequisites for CSPO® TrainingTo obtain this certification, the candidates must have a basic knowledge of Agile to attend this the training. To be eligible for the certification, candidates must take the 2-day CSPO course certificate. On successful completion of 2-day CSPO training by the Certified Scrum Trainer (CST), you will receive a CSPO® certificate from Scrum Alliance designating you as a Certified Scrum Product Owner (CSPO).7. Professional Scrum Product Owner® (PSPO) TrainingSalary: The average salary of a PSPO certified professional is $102,000 per year.The Product Owner is a critical role of the Scrum team and bears the responsibility to lead a project successfully, collaborating with the stakeholders and team in the Scrum meeting, and managing the business targets.Prerequisites for PSPO® TrainingTo obtain this certification, the candidates don’t need any prerequisites for attending the course and subsequent certification.CSPOPSPOBenefitsCan lead Agíle teams andmotivate the team membersThe workshop will teach youon maxiímizing the value of'software products andsystemsCan build communicationchannels between thestakeholders and teamUnderstand the Agileprinciples for managing theproject.Increase the functionality ofScrum, reduce risks, andimprove ROIIncrease the functionality ofScrum, luweríng thetota|costs of functionalityAn individual can earn 14-16PDUs and SEUsAn individual can earn 16PDUs and SEUsCourse completícm certificatefrom Scrum AllianceCou rse completion certificate,PSPO logo and listing onS|:rum.orgLearn more about the differences between a CSPO and a PSPO from the following video-8. ICP-ACC (ICAgile- Agile Certified Coach) Training:Salary: The average salary of ICP-ACC certified is $119,883 per year.An Agile coach provides focussed guidance, creates awareness of the business goals and serves as a mentor, teacher, guide, conflict resolver, and planner to the Agile team. Also, the Agile Coach facilitates Agile thinking and practices to support the team to attain their project goals. The Agile Coach fosters a new culture of Agile-Lean thinking to welcome the organizational change and changing the work behavior.BenefitsAfter the workshop, candidates will be able to develop the Agilemíndset.They can understand the roles and responsibilities of the AgíleCoach and how to mentor the different Agile roles andtransítíonsThey will be able to handle conflicts and build collaborationwithin a teamAn Agile coach can guide a team for high performanceEarn 24 SEUS and 24 PDUs and course completion certificate by|CAgi|e (a recognised body by Agile thought leaders certifying asa genuine competence in Agíle)Prerequisites for ICP-ACC TrainingTo obtain ICP-ACC certification, candidates should have a basic idea of Agile methodology and at least some experience as an Agile practitioner. On successful completion of the training, candidates will get ICAgile Certified Professional-Agile Certified Coach (ICP-ACC) designation from the internationally recognized ICAgile certification body.Note: Before choosing any institute, ensure that the institute is an authorised by ICAgile certification body.9. Leading SAFe® 4.5 Training Course:Salary: The average salary of Leading SAFe 4.5® certified individual is  $68,667 per year.Leading SAFe® 4.5 certification will help you to foster your organization’s success. SAFe Agilist (SA) certification will allow you not only to execute and deliver value through Agile Release Trains (ARTs) but also to lead a Lean-Agile transformation in scaled organizations. This certification will also let you build a continuous delivery pipeline, DevOps culture. Also, the course exhibits the power of coordinating with the larger solutions and empowering a Lean portfolio culture within the enterprise.Benefits of Leading SAFe® 4.5 Training Course-After the course, candidates will be able to-Exhibit how the combination of Lean, Agile, and Product Development shapes the SAFe® foundation.Apply SAFe® 4.5 principles and Lean-Agile mindset to scale the Lean and Agile development in the organization.Managing development of the larger solutions and bolster a Lean-Agile transfiguration in the enterprise.16 PDUs and 16 SEUs and a one-year membership with Scaled Agile Inc.(SAI)Note: Before choosing the institute, ensure that the course is authorised by Scaled Agile Inc.(SAI)Prerequisites for Leading SAFe® 4.5 Training Course-To obtain this certification, you need to complete the course, followed by the exam. However, for attending the exam, the candidates must have 5+ years of experience in software development, testing, business analysis, product or project management. Also, he/she should have work experience in Agile and Scrum.After the course, candidates will get 3 emails from Scaled Academy.A welcome email to create a profile,A survey email which requests your feedback on the training,An exam link email with instructions for the examBenefitsExhibit how the combination of Lean, Agile, and ProductDevelopment shapes the SAFe® foundation.Apply SAFe® 4,5 principles and Lean—AgI|e mindset w sca\e theLean and Agile development in the organization.Managing development of the larger solutionsand bolsteraLean-Agi\e transfiguration in the enterprise.16 PDUs and 16 szus and a unew/ear membership with ScaledAgile Inc.(SAI)10. PMI-ACP® Certification Training:Salary: The average salary of PMI-ACP® is nearly $123,000 a year.The Project Management Institute-Agile Certified Practitioner (PMI-ACP®) is a broadly acknowledged certification in the Agile community and is a proof of the holder's capability to manage projects utilizing Agile practices. Working experience in Agile projects, knowledge of Agile practices, principles, tools, and techniques, and the Agile training are the prerequisites to attend PMI-ACP® training.Benefits of PMI-ACP® Certification Training-This course will help individuals to-Attain deep knowledge of Agile Manifesto, its processes, principles, tools, and techniques.Understand the Scrum Framework, its associated roles and responsibilities, scrum tools to increase transparency, lowering the risks and quality product faster.Learn the concepts that will help you to accomplish project goals within a confined time and budget constraintsDevelop the soft skills like emotional intelligence, conflict resolution, working in collaboration etc.21 PDUs and 21 SEUsCourse completion certificate and courseware approved by PMI® (if the institute is PMI® approved)Prerequisites for PMI-ACP® Certification Training:To acquire this certification, candidates must have2000 hours of working experience in general projects or active PMP® OR PgMP credential.1500 hours of Agile project working experience21 contact hours earned in Agile practicesTo attend the exam, you just need to register and create a login at the PMI’s online system.Note: Choose PMI ® approved certification institute as Project Management Institute® is the renowned certifying body of Project Management.BenefitsAttain deep knowledge of Agile Manifesto, its processes,principles, tools, and techniques.Understand the Scrum Framework, its associated roles andresponsibilities, scrum tools to increase transparency, loweringthe risks and quality product faster.Learn the concepts that will help you to accomplish project goalswithin a confined time and budget constraints.Develop the soft skills like emotional intelligence, conflictresolution, working in collaboration etc.Candidates can earn 21 PDUs and 21 SEUsCourse completion certificate and courseware approved byPM|® (if the institute is PM|® approved]Today, Agile and the organizations aren’t strangers anymore. A plethora of Agile certifications are available for the interested people to boost their Agile career. As you are most likely aware, simply earning a skill is not enough, you need to prove yourself to the potential employer. The relevant training programs open your talent to the outside world. To start your career with a reputed organization, look for the various certification options available to drive you to success. Also, find a good institute to pick the course that best fits your requirements. You can visit https://www.knowledgehut.com/ for more details. Buckle up to keep climbing the Agile ladder!
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Top-paying Agile Certifications to Consider in 201...

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CSM®️ or PSM™ - Which Certificate Is More Valuable?

What is Scrum?The source of a correct definition of Scrum is the official Scrum Guide, authored and maintained by Jeff Sutherland and Ken Schaber. Scrum has its roots in software development, but nowadays Scrum is applied in several contexts and industries.From the Scrum Guide:“Scrum is a framework for developing, delivering, and sustaining complex products. Scrum is not a process, technique, or definitive method. Rather, it is a framework within which you can employ various processes and techniques. Scrum makes clear the relative efficacy of your product management and work techniques so that you can continuously improve the product, the team, and the working environment."The latest update to the Scrum Guide also lists possible uses for Scrum:- Research and identify viable markets, technologies, and product capabilities;- Develop products and enhancements;- Release products and enhancements, as frequently as many times per day;- Develop and sustain Cloud (online, secure, on-demand) and other operational environments for product use; and,- Sustain and renew products.Origin of ScrumScrum is a process framework that has been used to manage work on complex products since the early 1990s. Ken Schwaber and Jeff Sutherland worked on Scrum until 1995, when they co-presented Scrum at the OOPSLA Conference in 1995. This presentation essentially documented the learning that Ken and Jeff gained over the previous few years, and made public the first formal definition of Scrum.The Scrum Guide documents Scrum as developed, evolved, and sustained for 20-plus years by Jeff Sutherland and Ken Schwaber.  Both, Jeff Sutherland and Ken Schwaber were present at the event when the Agile Manifesto was written.Scrum was one of the several lightweight processes presented at that gathering in 2001. The Scrum Alliance - a non-profit organization promoting Scrum, was also founded in 2009.Throughout the years Scrum has evolved, and in fact, has been become simpler, but therefore not more easy to apply and practice. In case you're interested, you can look at the Scrum Guide revision history, and see the changes since 2010. To me personally, the beauty of Scrum lays in its simpleness, although some people would advocate they still find Scrum too complicated in terms of process.Scrum Alliance vs Scrum.orgIn 2001, Ken Schwaber left the Scrum Alliance and found Scrum.org. There was a bad impression of the Scrum Master about implementing a Scrum in the organization. The Scrum Masters misinterpreted that the 2-day Scrum Alliance CSM®️ certification course is enough to certify them as a Scrum Master.  Even organizations took amiss that those who attended 2-day training are the Scrum experts.The PSM™  certification of Scrum.org is different than CSM®️ certification. For PSM™ certification, attending a workshop is not mandatory. But, it is little harder to clear the PSM™  assessments which at least assures a precise level Scrum understanding. Note: The Scrum.org assessments are based on the Scrum Guide (fabricated by Ken Schwaber and Jeff Sutherland).Let’s see these two certifying bodies in details and figure out the difference between the Scrum Alliance and Scrum.org.Scrum Alliance- The CSM®️ certifying BodyFounded in 2001, Scrum Alliance® is the largest membership and certification organization in the Agile community. The Scrum Alliance is a non-profit organization and is governed by the Board of Directors. The Scrum Alliance has certified more than 750,000 practitioners worldwide, clearly contributing a lot to the spreading of Scrum worldwide. But, the Scrum Alliance is not simply a company providing training. The Scrum Alliance also organizes twice a year a global gathering and several regional gatherings and supports agile community events.From the Scrum Alliance website:"Scrum Alliance’s vision is to “Transform the World of Work” with a mission to guide and inspire individuals, leaders, and organizations with practices, principles, and values that create workplaces that are joyful, prosperous, and sustainable."Scrum Alliance certificationsAs there are 3 roles in Scrum, the Scrum Alliance offers 3 entry-level (foundational) certifications - there are CSM®️ (Certified Scrum Master), CSPO (Certified Scrum Product Owner), and CSD (Certified Scrum Developer). Next, you could apply for a Certified Scrum Professional (CSP), after indicating your practical experience with Scrum.Recently, the Scrum Alliance has changed the certification path and added an "advanced" certification and course. Today, the Certified Scrum Professional is specific for either Scrum Master, Product Owner, or Developer.These are the certifications:- Certified Scrum Master: CSM®️ --> Advanced CSM®️ --> CSP-SM- Certified Scrum Product Owner CSPO --> Advanced CSPO --> CSP-PO- Certified Scrum Developer (CSD)Next, you can obtain so-called "elevated" certifications, which involves a more rigorous screening and test to validate your knowledge, experience.The elevated certifications target to be an accredited trainer or coach:- CST (Certified Scrum Trainer) - people with this certification can provide official training in Scrum, on behalf of the Scrum Alliance. Trainers go through a rigorous process of co-training, and an application in order to pass the bar of becoming a CST.- CTC (Certified Team Coach) - to be recognized and accredited as a coach on the team level- CEC (Certified Enterprise Coach) - to be recognized and accredited as a coach on the enterprise levelThe coaching certifications involve more than Scrum, but agile & lean coaching in general.The Scrum Alliance also provides an Agile Leadership track - this is relatively new and split into two levels:- Certified Agile Leadership I- Certified Agile Leadership IIThe Agile Leadership courses increase your leadership effectiveness and learn how to be a better leader, no matter what your role.The Scrum Alliance provides also "extended" continuing education, courses.The Scrum Alliance is taking a broad view of how to transform the world of work (e.g. also applications of Scrum outside IT).Scrum.org- The PSM™  certifying BodyIn 2002, Ken Schwaber with others founded the Scrum Alliance and set up the Certified Scrum accreditation series.  Ken Schwaber left the Scrum Alliance in late 2009 and founded Scrum.org which oversees the parallel Professional Scrum accreditation series.On the Scrum.org website, there's a page called "Why Scrum.org?" explaining Ken Schwaber's motivation to separate from the Scrum Alliance and found Scrum.org. These are the motivations as formulated by Ken Schwaber:- I would create a new organization, Scrum.org, to continue developing and sustaining the Scrum Developer program.The program would lead to assessments and certifications based on a body of knowledge.- I would also redevelop a new, more advanced version of the Scrum courseware. This courseware, called Scrum-In-Depth, would focus on how to use Scrum in advanced circumstances. I would publish the Scrum body of knowledge on Scrum.org and formulate beginner, intermediate, and advanced assessments and certifications based on this body of knowledge.- I would form a new group of Scrum Trainers who welcomed openness and transparency.Scrum.org  aims to improve the Profession of Software Delivery and targets its courses and certifications in that area. The Scrum Alliance focuses on Scrum, and takes a broader view, as the Scrum Alliance's slogan is to "transform the world of work".Scrum.org certificationsThe certifications provided by Scrum.org are similar to the certifications of the Scrum Alliance. The certifications are called "Professional" The certification path is as following:- Professional Scrum Master: PSM™  level I --> level II --> level III- Professional Scrum Product Owner: PSPO- Professional Scrum Developer: PSD- Scaled Professional Scrum (SPS), based upon Scrum.org Nexus framework for scaling Scrum- Professional Scrum with Kanban (PSK I): to validate knowledge of how Scrum Teams can use Scrum with Kanban ability to support value creation and delivery. Kanban is a lean method to streamline work. Scrum has its foundations in lean, so it does make a lot of sense for teams to learn and apply Kanban. In fact, agile & lean are blending philosophies.- Professional Agile Leadership (PAL-I): Agile Leadership trackThere’s an optional (non-mandatory) PAL-E (Professional Agile Leadership - Essentials). The workshop provides a foundation for the role that leaders play in creating the conditions for a successful agile transformation.In summary,In a comparison to Scrum Alliance, remember the following practical points when you consider one or the other certification:Scrum.org certifications have no expiration date.Scrum.org certifications can be obtained by taking an online test. Physically attending a classroom course is not required.Scrum.org offers “open assessments” which are interesting for anyone to validate your Scrum knowledge, regardless of if you intend to get certified or not.To know more about various Agile and Scrum certifications and paths to learning these certifications to make a career move, you can refer certification pathway.Choosing between the best Scrum Master Certifications: CSM®️ vs PSM™ Agile and Scrum are today’s latest trends. Not only IT-based organizations but also non-IT organizations hire individuals who know the concepts of Scrum framework and its applications. Scrum is the Agile framework, focuses on the complex projects.Initially, the Scrum framework was used for software development, but today it is used as any other projects to get the fastest results. So, there is a rising demand for Agile-Scrum professionals in the organizations.CSM®️ and PSM™  are two major Scrum Master certifications. CSM®️ stands for Certified Scrum Master. CSM®️ is a certification issued by the Scrum Alliance. CSM®️ is a first (entry-level) certification for the Scrum Master. PSM™  stands for Professional Scrum Master. PSM™  is a certification issued by Scrum.org. PSM™  and PSM™  both are the entry-level certifications for the Scrum Master.    PSM™  by Scrum.org has a different approach than CSM®️ by Scrum Alliance in the following ways:- According to Scrum.org, there's no need to attend a class, to be able to take an online test to get certified. A practice assessment is available online, called "Scrum Open"- According to Scrum.org, a certification is a proof of knowledge and therefore has no certification dateLet’s see the differences between the CSM®️ and PSM™  in the tabular form.Certified Scrum Master (CSM®️)FeaturesProfessional Scrum Master (PSM™)50 multiple-choice questions, usually with four possible answersExam PatternNumber of Questions: 80Format: Multiple Choice, Multiple Answer and True/FalsePassing score: minimum 69%Passing gradePassing score: minimum 85%The test is taken anytime after attending the courseThere's no time limitExam durationTime limit: 60 minutesEvery 2 yearsCertification renewal durationNo expiration (Lifetime certification)Fee: $1295 per attemptCertification costFee: $150 per attemptThere's no practice exam available. In general, after attending and learning during a two-day CSM course, you should be able to pass the exam without issues.Level of the examDifficulty: Intermediate$119,040  per yearSalary$100,500 per yearFinal ThoughtA search on “Scrum Master”, in the job title with as prerequisite “Certified Scrum Master” gives more than 1000 jobs results. If you want to get an idea what companies and organizations ask in terms of Certified Scrum Master Course, you can have a look at the AgileCareers website (by Scrum Alliance). (there are mainly USA based jobs listed)This is all about the comparison between the CSM®️ and PSM™  and various certifying bodies like Scrum Alliance and Scrum.org that offer these certifications.In the end, knowledge matters whether it is CSM®️ or PSM™  certification. Both certificates have the same value in the job market. Also, both the programs are highly compatible. It is very crucial what you earned during the certification process and the trainer will definitely help you to make the difference there.
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CSM®️ or PSM™ - Which Certificate Is More Val...

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CSM, PSM, SSM, SASM - What Scrum Master Course Do I Choose?

Scrum adoption is growing very fast and companies are looking for well qualified Scrum Masters. This is one of the main reasons to consider Scrum certification. One simple way to present your excellence is the Scrum Master certification that is perfectly tailored to the industry requirements, and of course, to your career trajectory. Currently, there are 4 primary Scrum Master certifications available. You might be in a confusion regarding the best course to take up for a superior career growth. Question yourself on some of the essentials before actually choosing the course: What does the particular certification mean?What are the prerequisites for this certification?What is the cost of this certification program?What will I achieve by taking this certification?Will this certification offer the biggest benefit for me? In this article, we will help you in choosing the best certification that suits your profile by comparing all the courses based on different aspects. CSM, PSM, SSM, SASM - What Scrum Master Course Do I Choose? https://t.co/hRgUIZfV1Z— विवेक कृष्णान (@vksvicky) May 17, 2017All the 4 certifications are competing equally in the Scrum world. The above certification comparison demonstrates multiple facets of the in-demand Scrum certifications. Experts need to choose the course wisely based on their targets. For example, the target can be whether to:Get benefits in their job change or career orReach greater heights in Scrum role by gaining in-depth knowledge  Just choosing the right course is not enough for a better career growth, but choosing the right training provider will have a great impact on the success of a course. KnowledgeHut as a Global Registered Education Provider (REP) of Scrum Alliance offers the best training from Certified Scrum Master Training approved by Scrum Alliance.All the best for your future Scrum endeavours! 
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CSM, PSM, SSM, SASM - What Scrum Master Course Do ...

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