The average salary of a PSPO professional is $96,372 per annum. PSPO certification is becoming increasingly popular, as organizations strive to improve their performance through better project and product management.
It has been around for a few years and is often considered the “gold standard” in product owner certifications. It has the potential to open up new opportunities for career advancement. But, how valid is this certification? And, more importantly, what benefits do you get with PSPO training online.
In this article, we’ll explore the PSPO certification, its benefits, and its importance. We will also provide you with some tips and frequently asked questions that can take your career to the next level. Let’s begin.
An Overview of PSPO Certification
PSPO Scrum certification is a well-recognized credential in the world of project management. Those who hold it are highly sought-after by employers and organizations looking for top-tier talent.
Its exam is known to be one of the most difficult exams to pass, but those who do pass it are considered to be among the best in the field. Unlike CSPO, PSPO is valid for a lifetime.
The certification is issued by the Scrum Alliance, which is a global organization that promotes and supports Scrum. It is only awarded to those who have passed the exam, which covers topics such as product backlog management, release planning, and product delivery.
Importance of PSPO Certification
PSPO certification is important because it validates an individual's ability to effectively manage product backlogs and delivery using the Scrum framework. Earning it demonstrates your commitment to excellence in product management and your ability to add value to any organization.
The certification also indicates that the holder has a good understanding of the agile principles and how they can be applied to real-world scenarios. Furthermore, its holders are required to maintain their knowledge and skills by completing continuing education units (CEUs).
An authentic Agile management certification online ensures that you are up-to-date with the latest developments in the field of product management. In addition, PSPO certification value helps build a network of contacts, which can be extremely valuable when looking for new opportunities or seeking advice from experienced professionals.
Benefits of PSPO Certification
The certification is based on the Scrum Guide, and it provides holders with a solid foundation on which to build their product management career. PSPO product owner is widely recognized by employers, and it is a valuable addition to any product manager's resume. There are many other benefits to becoming PSPO certified. Here are just a few:
- Validates your skills and knowledge in scrum and product ownership
- Gives you a competitive edge in the job market
- Allows you to network with other certified product owners
- Helps you stay up-to-date on the latest trends and developments in the field
- Provides access to exclusive resources and discounts
Getting Started with PSPO Certification
The PSPO certification is the first step in becoming a Certified Scrum Product Owner. It is a globally recognized certification that validates your ability to apply Scrum principles to effectively manage product development using the Scrum framework.
The exam itself consists of 60 multiple-choice questions, and you will have 60 minutes to complete it. You must answer at least 50 questions correctly to pass the exam. Once you have passed the exam, you will be able to use the PSPO designation after your name.
With PSPO Scrum certification, you will be able to show potential employers that you have the knowledge and skills necessary to be an effective product owner.
Types of PSPO certifications
There are different types of certifications that a prospective PSPO can achieve. The most popular and well-known is the Certified Scrum Product Owner (CSPO) certification offered by Scrum Alliance. To earn a CSPO, individuals must complete a two-day course and pass an exam.
Other certifications include the Professional Scrum Product Owner (PSPO) I and II offered by Scrum.org and the SAFe for Lean Enterprises Product Owner/Product Manager certification offered by Scaled Agile Framework.
Each of these certifications has different requirements, but all focus on increasing an individual's understanding of Scrum principles and best practices. While obtaining a PSPO certification can be beneficial, it is not required to work as a product owner.
However, many employers prefer to hire candidates who have completed a PSPO program. Those who are interested in pursuing a career in product management should consider obtaining one of these certifications.
Selecting the Right Certification for PSPO
When it comes to PSPO certification, there are three main options to choose from: Foundation, Practitioner, and Master. But which one is right for you?
- The Foundation level is perfect if you're new to PSPO or agile in general. It will give you a good understanding of the basics and key concepts of the PSPO framework.
- The Practitioner level is ideal if you want to deepen your knowledge and learn how to apply PSPO in a real-world setting. You'll also learn how to adapt the PSPO framework to specific situations and challenges.
- If you're an experienced agile practitioner, then the Master level is for you. This advanced-level will test your knowledge and skills to the fullest, and upon successful completion, you'll be able to take on complex projects and lead PSPO initiatives.
No matter which certification you choose, getting PSPO training online and becoming PSPO certified is a great way to validate your skills and knowledge in scrum and product ownership.
What to Do If You Fail your PSPO Exam?
If you lose your PSPO certification, there are a few things you can do to get it back. The first step is to contact the Scrum Alliance and let them know what happened. They will then send you a replacement certificate. However, if you fail your PSPO exam, you will also need to follow either of the following ways:
- Retaking the Exam- If you choose to retake the exam, you'll need to register and pay the associated fee. Once you've done that, you'll be able to access the exam materials and begin preparing for the exam.
- Continuing Education Units (CEUs)- If you opt to complete CEUs instead of retaking the exam, you'll need to complete 10 CEUs within two years of your certification expiration date. CEUs can be earned by attending workshops, conferences, and other events related to scrum and product ownership.
Renewing your PSPO Certification
Generally, people have concerns regarding PSPO certification validity. It is valid for a lifetime. However, once you level up and prepare for CSPO, it does expire and needs renewal after every two years. It can be done by following either retaking your exam or continuing education units.
Cost of Obtaining a PSPO Certificate
The cost of PSPO certification varies depending on the provider and the type of certification you choose. PSPO I certification typically costs between $200 and $300, while PSPO II certification typically costs between $500 and $600.
It is a valuable credential that can help you validate your skills and knowledge, give you a competitive edge in the job market, and allow you to network with other certified product owners.
If you're ready to get started on your PSPO certification journey, the first step is to find a course that meets your needs. With your efforts plus dedication and the support of knowledgeHut’s PSPO training online, you’re on your way to becoming a certified product owner.
PSPO certification is the global standard for product and service professionals. Earning your certification will demonstrate to employers, clients, and customers that you have the skills and knowledge necessary to provide excellence in product and service delivery. So if you’re looking to grow your career in product or service management, this is the best time to get started.
Frequently Asked Questions (FAQs)
Q1. Does PSPO certification expire?
PSPO certificate does not expire, but Scrum Alliance recommends recertifying every two years to stay current on best practices. The PSPO credential is valid for the lifetime of the individual, even if they switch employers or Scrum Alliance-registered training providers.
Q2. Is the PSPO certification provided by scrum.org valuable as the CSPO?
The PSPO certification offered by scrum.org is a valuable credential for any project manager who wants to demonstrate their expertise in the scrum. It is widely recognized as a marker of excellence in the field, and it can open up opportunities for career advancement.
While the CSPO certification offered by scrum.org is also highly respected, some experts believe that the PSPO certification is more valuable because it requires a deeper understanding of Scrum principles, and it is more focused on practical application.
Q3. What does the professional scrum product owner ( PSPO ) certification cost?
The cost of the professional scrum product owner (PSPO) certification varies depending on the provider. However, the average cost is around $1,000. The exam fee is typically around $250 and there are also a number of online and offline course options available, with prices ranging from $200 to $2,000.
Q4. What's the difference between CSPO and PSPO?
CSPOs generally work with small teams and have a more limited scope when it comes to decision-making. PSPOs, on the other hand, work with larger teams and have more authority when it comes to product decisions.
Q5. What is the most recognized Product Owner certification?
The most well-known certification is the Certified Scrum Product Owner (CSPO) from the Scrum Alliance. To earn this credential, candidates must attend a two-day training course and pass an exam
Other popular certifications include the Agile Product Management Certification and PSPO professional scrum product owner. While these credentials are not as well known as the CSPO, they can still help job seekers stand out from the crowd.