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Career Opportunities for PMP® Certified Professionals

Are you a Project Manager with a PMP® certification? According to the talent gap analysis of Anderson Economic Group (AEG), the demand for Project Managers is growing faster than demand for workers in other occupations over the next 10 years. Further, the gap analysis points out that the project management-oriented labour force in seven project-oriented sectors is expected to grow by 33%.A PMP® certification will surely take your career to new heights. While working towards earning your PMP® certification, you need to attend webinars and conferences in order to earn certain PDUs to meet the requirements to maintain your certification credentials. These webinars and conferences is a great way to gain a lot of valuable information. The PMP® certification is not just a mere certification, but it is acknowledged as one of the best certifications to get across the board. Many professionals hope to achieve a PMP® certification in order to earn a high salary.How does a PMP® certification help you bag an amazing job?Having a PMP® certification under your belt surely opens the doors to new career opportunities. If you are managing large and complex projects, a PMP® certification helps you to learn how to plan, manage, and monitor progress leading towards meeting your goals with optimized utilization of time and resources. The role of PMP® certification in helping you to grow in your career can be explained as follows:1. PMP® adds more value to your resumeRecruiters tend to give preference to the profiles having a PMP® certification over their non-certified counterparts. If you are a beginner in the field of Project Management, you will add tremendous value to your resume by adding a PMP® certification to your collar. As a veteran, you can take your career to the next level with a PMP® certification.2. Networking opportunitiesGet introduced to the world of certified project managers by becoming a member of your local PMI® chapter. You get an opportunity to learn more about the Project Management industry and create a network with the existing Project Management Professionals (PMP)® by participating in professional meetings organised by PMI® in almost all the major metropolitan cities. These meetings help you to learn about various job opportunities available in the current market.3. Get equipped with the knowledge of a common global languageAcquire proficiency in the global standard language of Project Management by equipping yourself with a PMP® certification in addition to improving your job prospect. PMP® training provides you with a solid and time-tested framework which helps the promotion of effective communication. Adding the proven ability to identify and overcoming the problems within an organisation automatically makes you more preferable to an employer over your non-certified counterpart.4. Certified Project Managers are always in demandCompanies continuously try to identify professionals with the skills and knowledge to handle the projects in the current time, when the methods to handle projects constantly keep changing. It is for this reason that companies look for PMP® certified professionals, and this exactly leads to a high demand for this credential.5. PMP® certification validates your experienceThe employers hold high esteem for the prerequisites that you need to fulfill in order to sit for your PMP® certification exam. The candidates are required to meet a certain level of education and work experience.When a recruiter sees a PMP® certification in your resume, he gets to know that you have worked hard to attain this certification and you possess a substantial amount of quality work experience under your belt to validate your skill.Role of PMP® certification in your jobThere are numerous jobs which require managing large pieces of work as a project management professional who manages projects. Being a PMP® certified professional with the right set of knowledge and skills, you can plan, manage, and monitor the progress of the projects which results in meeting your goals at the right time.You can surely hit your deadlines at the right time by equipping yourself with the project management skills. Apart from it, you can prove to be a resource for an organisation by being a good fit for the team with your technical expertise and qualification.Career opportunities for a Project Management ProfessionalA Project Manager is responsible for the overall delivery of the project right from the execution to the end. He or she is responsible for planning, organising, securing, leading, and controlling the resources in order to achieve specific goals in a particular industry or organisation’s project.Project Managers usually work in the following industries:EngineeringConstructionArchitectureTelecommunicationsComputing.PMP® certification opens your doors to many different careers. Here are a few of the career choices made by PMP® certified professionals:Associate Project Manager: It is an entry-level position in which you work with other project managers in order to oversee a project.Assistant Project Manager: This is another entry-level position where you get the opportunity to work side-by-side with experienced project managers to help accomplish the tasks and learn the ropes of project management.Contract Project Manager: You would not have the same responsibilities as a full-time project manager when you work as a contract project manager. As a contract project manager, you are expected to apply your skills to new situations and work well with strangers.Business Project Manager: This is a corporate position which allows you to work with clients, consult with other business projects, or work with company infrastructure.Information Technology (IT) Project Manager: This position allows you to work with servers, computer, and entire networks, including maintaining and building computer systems.Construction Project Manager: While working as a Project Manager in the construction industry, you are expected to supervise the construction projects.Project Coordinator: This entry-level position focuses on doing lighter tasks like planning and organisation in order to assist the main project managers.Product Manager: This position focuses on a specific product including manufacturing, promotion, and pricing.Software Project Manager: This is a similar position to the IT project manager, but it deals specifically with updating software. You would need to oversee the development and improvement of existing and new software in this position.Tips to become a Project ManagerProject managers are acknowledged as great leaders to prefer diversity and an active lifestyle. Project Management as a career is a vast field of work and you will never get bored being a part of it. Here are a few tips for you to begin your career in Project Management:1. Know your skillsYou can pave the way for your professional growth as a Project Manager by developing the right set of skills. You need to develop your knowledge of project management techniques, processes, tools, frameworks, and get the right soft skills in order to complete a project successfully. You need to be more than a good communicator and leader in order to handle daily challenges in this field. You need to be decisive, accountable, risk taker, and a great multitasker in order to deal with the complex and unpredictable challenges in this field.2. Get certifiedA project management certification equips you with the knowledge in this area in order to explore the various parameters of career opportunities as well as increase your earnings. PMP® certification is acknowledged as the gold standard of all the project management certifications and is acknowledged across all the industries around the world.3. Talk to an expertGet a mentor to guide your career. You need to find a skilled project manager who has patience and time to teach you some tips and tricks to climb the ladder of your project management career.You will surely be able to master project management methods and processes from real-life situations by observing the work of the professional. You can also get the opportunity to work in real projects and get feedback on your contribution in order to improve yourself.4. Be prepared for anythingYou will be in charge of different tasks starting from developing project plans and schedules to conducting training and communicating with stakeholders depending on the project that you are assigned to. You might find yourself shifting from one industry to the other as a Project Manager. However, you can specialize in one field in order to avoid shifting fields.How much can you earn as a Project Manager?As we have already discussed the common career choices made by Project Managers around the world, let’s see how much they earn while working in these designations:DesignationsAverage income in USD (per annum)Associate Project Manager$58,775Assistant Project Manager$58,172Contract Project Manager$79,577Business Project Manager$83,140IT Project Manager$1,342,427Construction Project Manager$86,492Project Coordinator$48,319Product Manager$102,119Software Project Manager$90,152If you are a Project Manager in Informational Technology (IT) who is based in India, you can expect to earn an average annual salary of INR 13,42,427. The average salary of a project management professional might differ according to experience. You will get more clarity on the experience-wise salary of an IT Project Manager in India from the following chart:ExperienceSalary in INR (per annum)Entry-levelINR 5,78,112Mid-careerINR 11,52,937ExperiencedINR 15,10,039Late-careerINR 20,29,286Project Manager skill-wise salaryYour salary as a Project Manager also might vary based on the skills possessed by you. Having a certification won’t suffice to make an employer hire you. You further need to possess a few skills in order to get recruited by your desired employer. The following chart will provide you with a clear idea about the salary which you earn according to your skills:Skills possessed by Project ManagersSalary in USD (per annum)Project Management Skills$72,728Project Coordinating Skills$69,564Oral/Verbal Communication Skills$69,970Client Interaction Skills$70,097Microsoft Office Skills$70,115Budget Management Skills$73,476Strategic Project Management Skills$75,605Process Improvement Skills$72,758Microsoft Project Skills$79,684Quality Assurance/Quality Control Skills$67,368Project Manager - Company-wise salaryCompanies prefer to hire PMP® certified professionals over non-certified professionals. Also, certification helps you to earn more salary across various organisations across the globe. Here are few of the highest-paying companies around the globe:CompaniesSalary in USD (per annum)HCL Technologies$108,879Citi$112,342Cisco Systems$105,000Mahindra Satyam$101,002Cognizant$95,979Wipro$95,814Infosys$94,400Syntel$93,011To wrap it upIn the present market scenario, the demand for Project Management Professionals is still high in comparison to the other professions. In the US, it is predicted that the demand for Project Management Professionals will grow to nearly 700,000 jobs by the year 2020. So, it is good for you to equip yourself with a PMP® certification to be a part of the most demanded professional group.PMP® certification is acknowledged as the gold standard of all the project management certifications across various industries around the globe. Professionals take up this certification in order to add more value to their profiles leading to improvements in their earnings.

Career Opportunities for PMP® Certified Professionals

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Career Opportunities for PMP® Certified Professionals

Are you a Project Manager with a PMP® certification? According to the talent gap analysis of Anderson Economic Group (AEG), the demand for Project Managers is growing faster than demand for workers in other occupations over the next 10 years. Further, the gap analysis points out that the project management-oriented labour force in seven project-oriented sectors is expected to grow by 33%.

A PMP® certification will surely take your career to new heights. While working towards earning your PMP® certification, you need to attend webinars and conferences in order to earn certain PDUs to meet the requirements to maintain your certification credentials. These webinars and conferences is a great way to gain a lot of valuable information. The PMP® certification is not just a mere certification, but it is acknowledged as one of the best certifications to get across the board. Many professionals hope to achieve a PMP® certification in order to earn a high salary.

How does a PMP® certification help you bag an amazing job?

Having a PMP® certification under your belt surely opens the doors to new career opportunities. If you are managing large and complex projects, a PMP® certification helps you to learn how to plan, manage, and monitor progress leading towards meeting your goals with optimized utilization of time and resources. The role of PMP® certification in helping you to grow in your career can be explained as follows:

1. PMP® adds more value to your resume

Recruiters tend to give preference to the profiles having a PMP® certification over their non-certified counterparts. If you are a beginner in the field of Project Management, you will add tremendous value to your resume by adding a PMP® certification to your collar. As a veteran, you can take your career to the next level with a PMP® certification.

2. Networking opportunities

Get introduced to the world of certified project managers by becoming a member of your local PMI® chapter. You get an opportunity to learn more about the Project Management industry and create a network with the existing Project Management Professionals (PMP)® by participating in professional meetings organised by PMI® in almost all the major metropolitan cities. These meetings help you to learn about various job opportunities available in the current market.

3. Get equipped with the knowledge of a common global language

Acquire proficiency in the global standard language of Project Management by equipping yourself with a PMP® certification in addition to improving your job prospect. PMP® training provides you with a solid and time-tested framework which helps the promotion of effective communication. Adding the proven ability to identify and overcoming the problems within an organisation automatically makes you more preferable to an employer over your non-certified counterpart.

4. Certified Project Managers are always in demand

Companies continuously try to identify professionals with the skills and knowledge to handle the projects in the current time, when the methods to handle projects constantly keep changing. It is for this reason that companies look for PMP® certified professionals, and this exactly leads to a high demand for this credential.

5. PMP® certification validates your experience

The employers hold high esteem for the prerequisites that you need to fulfill in order to sit for your PMP® certification exam. The candidates are required to meet a certain level of education and work experience.

When a recruiter sees a PMP® certification in your resume, he gets to know that you have worked hard to attain this certification and you possess a substantial amount of quality work experience under your belt to validate your skill.

Role of PMP® certification in your job

There are numerous jobs which require managing large pieces of work as a project management professional who manages projects. Being a PMP® certified professional with the right set of knowledge and skills, you can plan, manage, and monitor the progress of the projects which results in meeting your goals at the right time.

You can surely hit your deadlines at the right time by equipping yourself with the project management skills. Apart from it, you can prove to be a resource for an organisation by being a good fit for the team with your technical expertise and qualification.

Career opportunities for a Project Management Professional

Career opportunities for a Project Management Professional

A Project Manager is responsible for the overall delivery of the project right from the execution to the end. He or she is responsible for planning, organising, securing, leading, and controlling the resources in order to achieve specific goals in a particular industry or organisation’s project.

Project Managers usually work in the following industries:

  • Engineering
  • Construction
  • Architecture
  • Telecommunications
  • Computing.

PMP® certification opens your doors to many different careers. Here are a few of the career choices made by PMP® certified professionals:

  • Associate Project Manager: It is an entry-level position in which you work with other project managers in order to oversee a project.
  • Assistant Project Manager: This is another entry-level position where you get the opportunity to work side-by-side with experienced project managers to help accomplish the tasks and learn the ropes of project management.
  • Contract Project Manager: You would not have the same responsibilities as a full-time project manager when you work as a contract project manager. As a contract project manager, you are expected to apply your skills to new situations and work well with strangers.
  • Business Project Manager: This is a corporate position which allows you to work with clients, consult with other business projects, or work with company infrastructure.
  • Information Technology (IT) Project Manager: This position allows you to work with servers, computer, and entire networks, including maintaining and building computer systems.
  • Construction Project Manager: While working as a Project Manager in the construction industry, you are expected to supervise the construction projects.
  • Project Coordinator: This entry-level position focuses on doing lighter tasks like planning and organisation in order to assist the main project managers.
  • Product Manager: This position focuses on a specific product including manufacturing, promotion, and pricing.
  • Software Project Manager: This is a similar position to the IT project manager, but it deals specifically with updating software. You would need to oversee the development and improvement of existing and new software in this position.

Tips to become a Project Manager

Tips to become a Project Manager

Project managers are acknowledged as great leaders to prefer diversity and an active lifestyle. Project Management as a career is a vast field of work and you will never get bored being a part of it. Here are a few tips for you to begin your career in Project Management:

1. Know your skills

You can pave the way for your professional growth as a Project Manager by developing the right set of skills. You need to develop your knowledge of project management techniques, processes, tools, frameworks, and get the right soft skills in order to complete a project successfully. You need to be more than a good communicator and leader in order to handle daily challenges in this field. You need to be decisive, accountable, risk taker, and a great multitasker in order to deal with the complex and unpredictable challenges in this field.

2. Get certified

A project management certification equips you with the knowledge in this area in order to explore the various parameters of career opportunities as well as increase your earnings. PMP® certification is acknowledged as the gold standard of all the project management certifications and is acknowledged across all the industries around the world.

3. Talk to an expert

Get a mentor to guide your career. You need to find a skilled project manager who has patience and time to teach you some tips and tricks to climb the ladder of your project management career.

You will surely be able to master project management methods and processes from real-life situations by observing the work of the professional. You can also get the opportunity to work in real projects and get feedback on your contribution in order to improve yourself.

4. Be prepared for anything

You will be in charge of different tasks starting from developing project plans and schedules to conducting training and communicating with stakeholders depending on the project that you are assigned to. You might find yourself shifting from one industry to the other as a Project Manager. However, you can specialize in one field in order to avoid shifting fields.

How much can you earn as a Project Manager?

As we have already discussed the common career choices made by Project Managers around the world, let’s see how much they earn while working in these designations:

Designations
Average income in USD (per annum)
Associate Project Manager
$58,775
Assistant Project Manager
$58,172
Contract Project Manager
$79,577
Business Project Manager
$83,140
IT Project Manager
$1,342,427
Construction Project Manager
$86,492
Project Coordinator
$48,319
Product Manager
$102,119
Software Project Manager
$90,152

If you are a Project Manager in Informational Technology (IT) who is based in India, you can expect to earn an average annual salary of INR 13,42,427. The average salary of a project management professional might differ according to experience. You will get more clarity on the experience-wise salary of an IT Project Manager in India from the following chart:

Experience
Salary in INR (per annum)
Entry-level
INR 5,78,112
Mid-career
INR 11,52,937
Experienced
INR 15,10,039
Late-career
INR 20,29,286

Project Manager skill-wise salary

Your salary as a Project Manager also might vary based on the skills possessed by you. Having a certification won’t suffice to make an employer hire you. You further need to possess a few skills in order to get recruited by your desired employer. The following chart will provide you with a clear idea about the salary which you earn according to your skills:

Skills possessed by Project Managers
Salary in USD (per annum)
Project Management Skills
$72,728
Project Coordinating Skills
$69,564
Oral/Verbal Communication Skills
$69,970
Client Interaction Skills
$70,097
Microsoft Office Skills
$70,115
Budget Management Skills
$73,476
Strategic Project Management Skills
$75,605
Process Improvement Skills
$72,758
Microsoft Project Skills
$79,684
Quality Assurance/Quality Control Skills
$67,368

Project Manager - Company-wise salary

Companies prefer to hire PMP® certified professionals over non-certified professionals. Also, certification helps you to earn more salary across various organisations across the globe. Here are few of the highest-paying companies around the globe:

Companies
Salary in USD (per annum)
HCL Technologies
$108,879
Citi
$112,342
Cisco Systems
$105,000
Mahindra Satyam
$101,002
Cognizant
$95,979
Wipro
$95,814
Infosys
$94,400
Syntel
$93,011

To wrap it up

In the present market scenario, the demand for Project Management Professionals is still high in comparison to the other professions. In the US, it is predicted that the demand for Project Management Professionals will grow to nearly 700,000 jobs by the year 2020. So, it is good for you to equip yourself with a PMP® certification to be a part of the most demanded professional group.

PMP® certification is acknowledged as the gold standard of all the project management certifications across various industries around the globe. Professionals take up this certification in order to add more value to their profiles leading to improvements in their earnings.

KnowledgeHut

KnowledgeHut

Author

KnowledgeHut is an outcome-focused global ed-tech company. We help organizations and professionals unlock excellence through skills development. We offer training solutions under the people and process, data science, full-stack development, cybersecurity, future technologies and digital transformation verticals.
Website : https://www.knowledgehut.com

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If you have arrived at this blog and are actually inclined to read it then it is a clear sign that you know what PMP and Prince 2 actually means. And no, it does not refer to the new version of the popular video Game of your college days [Prince]; it is actually the name of the project management certification that has huge followers and fans across the world. And that’s where the trouble starts. For its competitor too, boasts of a huge fan following of its own. The PMP certification, I am talking about. Almost all project management professionals, at least once in their career are in a dilemma about which certification to choose from PMP, Prince2 or ITIL. I, too, was faced with this confusion and finally, I was able to make an informed decision, thanks to the guidance of my experienced mentors and friends. A few days ago, one of my audience at a seminar asked me which certification to choose between PMP and Prince 2 and it reminded me of my days. This caused me to think why not write a blog for general audience and in turn, maybe it will help some of you. So I hope my little attempt serves its purpose. Please do let me know likewise or otherwise by leaving comments below this blog. Let’s begin! Brief summary about PMP – So that you know what we are dealing with: PMP is a trademark certification issued by PMI org and is a world-renowned project management certification that can be practised across domains, industries, and geographies. PMP stands for Project Management Professional and PMI stands for Project Management Institute PMP is governed by a framework known as PMBoK [Project Management Book Of Knowledge] This PMBoK is like a holy grail for PMI members and PMP certified members It gives tools and techniques for different situations and phases of project and it gives freedom to the project manager to decide which one to use in a particular situation depending upon the circumstances, history and future aspects PMP places onus on Integrity, Professionalism, Ethics, Communication, and transparency. PMI guides the project manager on the kind of role he/she should play in the success of projects and this lays down multiple guidance for them to be followed in spirit; the actual implementation may not be a textbook version. Brief Summary about Prince 2 – So that you know what we are comparing against: Prince2 stands for “Projects in Controlled Environment” version2 It also can be utilized for any type of project in the world It clearly lays out the roles and responsibilities of the team members in the project members The project is clearly divided into smaller manageable groups and has well laid out processes to be followed by the project manager It has 3 levels of certification: Foundation, Practitioner, and Professional Practical, to-do format, clear-cut items to be assigned, tracked and delivered are laid out in this AXELOS owned world famous certification. Hence, the name “Projects In Controlled Environment” ☺ As you must have sensed by now, PMP and Prince2 differ from each other in the following ways: PMP deals with a broad-level generic framework that believes in empowering you with the best-in-class tools and techniques but leaves the implementation and decision making to you as per your thought process Prince2 restricts your ability to change things because each and every process is clearly laid out with specific roles for team members and hence, well-defined project success PMP believes that project manager is an enabler whereas Prince2 visualizes project manager as an enforcer. PMP needs to be renewed every 3 years through contribution to the field of project management by sharing your knowledge and learning on your own; whereas Prince2 relies on making you appear for examination every 3-5 years. The terminologies used by each of the certification is different but I think you knew this would happen ☺ Which certification is suitable for you – PMP or Prince 2? We are clear by now, that both certifications are good, both of them are world renowned and both of them can lead to Project success. So which one should you go for? That was the initial question, isn’t it? Well, the answer is very simple and it is not related to the technical superiority of the course material for either of them. It is dependent on facts like: Where you live and work Where your clients are situated The kind of work routine that suits you Yes, strange! But it’s true. It has to come to that. Can you believe that? I couldn’t either when I first got to know about these but it turned out to be true. See, the thing is: Prince2 is followed fervently and much respected in Europe, UK and Australia PMP is adhered to and recommended for certain geographical regions such as North America, South America The remaining world such as Asia and Africa is neutral to both certifications and that leads to the next question: Where are your clients situated? And hence, your home address and your client location determine the certification you should go for. Some often asked questions across different forums:  1) Should I do both the certifications: PMP and Prince? If you can afford them then why not! They are expensive. Around 600-700 USD for PMP and around 400USD for Prince2 [exact price may vary across countries]. So if your pocket allows, then it will be a good thing to have. Is it really necessary? No. I am PMP certified and I have delivered projects to clients across globe and it has not hurt me. 2) Will my pay package increase with these certifications? If yes, which one gives better yields? Yes, your package will go up substantially after getting certified because it signifies that you have spent effort in getting familiar with the best-in-class frameworks and techniques. So big clients and companies can rely on you. The positive increase is almost similar for you. 3) Which certification is better for Infrastructure projects? Are they specific to IT or software projects only? No, they are not specific to IT or software projects. Yes, they can be used for Infrastructure, manufacturing or service-based projects. Because both the certifications allow you to learn the best techniques to deliver a project. The only difference is in the way they approach success. While PMP believes that you can do well as long as you know the right way of doing things, Prince2 believes in making sure that you follow the right path. 4) Is there any gender-specific preference in the certifications for PMP or Prince2? No. 5) If I have clients in the Middle East and Asia, which one should I choose because you just now mentioned that these regions are neutral in terms of preference for project management certifications. Going by historical data, Arab world has better connect with Europe and in recent times, some countries have developed good business relationships with America. So depending on the client and your profile, you can choose either of them. However, if you are looking for a safer option and a long-term career in the Middle East, then I recommend that you take both certifications- PMP and Prince 2. I hope this post was useful to you. By the way, do not forget that KnowledgeHut is a certified recognized provider of training for both the certifications: PMP and Prince2 with a very high success rate. All the best! ☺  
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PMP or Prince 2 – The Management Certificati...

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Best Project Management Certifications in 2021

While nothing can replace industry work experience, there is no doubt that a credible certification can open up new opportunities and elevate your current profile. This is true for any area of work and more so in the project management field.With projects getting more complex, pan global and resource intensive, organizations look to hire project managers who come with solid expertise and a recognised certification to back their knowledge and skill.With so many project management credentials to choose from, which one would suit you best in terms of the knowledge and opportunities you will gain? Here is a ready compilation of the best Project Management Certifications for 2021, to help you to make an informed decision.PMP® Certification TrainingCAPM® Certification TrainingPMI-RMP® Certification TrainingPRINCE2® Foundation and Practitioner Certification TrainingProgram Management Professional (PgMP)® Certification TrainingPMI-ACP® Certification Training1. Project Management Professional (PMP)®Arguably the most well-known credential in the Project Management space, the PMP is globally recognized as the gold standard in project management. Offered by the Project Management Institute (PMI)®, the PMP gives you the bandwidth to work in any industry, using any methodology and working on a variety of situations.This certification is a litmus test of your project management knowledge and skills in managing the project "triple constraints", that is time, cost, and scope. And with its new rollout, the PMP helps holders grow and develop diverse project management skills to suit the fast-changing markets of today and beyond.PMP DemandThe reason why PMP is so well received is because the skills one learns during the PMP certification journey can be applied across sectors, geographies and industries including IT, government sectors, telecommunications, manufacturing, banking and more.It allows certified professionals to maximise value, enhance bottom line margins and prove that they can drive business results.PMP continues to remain one among the best Project Management Certifications for 2021.Benefits of getting PMP certifiedValidate your commitment to continued excellence and qualityDemonstrate your proficiency in project managementGrow your career in project management with confidenceManage projects across sectors and industriesGet yourself hired by the bestEarn salaries that are up to 58% higher than those who do not hold the certificationEarn salaries up to $145,000Top companies that hire PMP professionalsExxon MobileAppleSAICEXELONWhere to take training for certification: Aspirants must undertake the training from an Authorized Training Provider of PMI®.Who should take the training for certification:Mid-Level, Senior Project ManagersProject CoordinatorsProject AnalystsProject LeadersProduct ManagersProgram ManagersProject SponsorsTeam LeadersAnyone interesting in building project management skillsEligibility for PMP examTo be eligible for the PMP® exam, you must fulfill the following criteriaEDUCATIONAL BACKGROUNDSecondary Degree (high school diploma, associate’s degree or global equivalent), ORFour-year Degree (bachelor’s degree or global equivalent), ORBachelor's or Post-Graduate degree from a GAC accredited program (bachelor’s degree or master's or global equivalent).PROJECT MANAGEMENT EXPERIENCEMinimum five years/60 months unique non-overlapping professional project management experience, ORMinimum three years/36 months unique non-overlapping professional project management experience, ORMinimum two years/24 months unique non-overlapping professional project management experience.PROJECT MANAGEMENT EDUCATION35 contact hours of formal education, unless you are an active CAPM holder.Exam FormatThe latest (2021) PMP® certification exam pattern is as follows:No of questions: 180 multiple-choice, multiple responses, matching, hotspot and limited fill-in-the-blank.Time: 230 minutesDifficulty level: The questions are populated as per the difficulty level. The questions are randomized so that no two candidates will get similar questions. The easier the question, the higher the passing score determinant and the higher or tougher the question, the easier the passing score. Duration to get certified: After completing your 35 hours of PMP workshop training, you need to rigorously prepare for the exam. Experts suggest dedicating several weeks to studying for the exam to ensure thorough preparation. Your web-based exam results will be visible to you immediately upon completion of the exam.Course fee for certification: In India: INR 14999, America: USD 999, Canada: CAD 1399Application fee: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certification:In IndiaMember: ₹23,459.00 Non-member: ₹42,863.00In US Member: $405Non-member: $555Retake fee for certificationMember: $275Non-member:$3752. CAPM®: Certified Associate in Project Management Yet another offering from the PMI, the CAPM is a foundational credential that reflects the holder’s expertise in defining and managing new age project management tools and techniques. Based on the PMBOK® Guide-Sixth Edition, the CAPM will help you stand out among non-certified project managers and showcase your proficiency in implementing global project management best practices.  CAPM Demand: The CAPM certifies the holder as being adept in project management practices. An organization having a pool of CAPM qualified professionals has a good reputation and standing in the market. Owing to the benefits that they bring in, CAPM practitioners are much in demand.Benefits of getting CAPM certifiedLearn the right skills in project managementGain insights into project executing, monitoring, controlling and managementBe thorough in estimating project activity costsAchieve quality management and quality assurance at every stageMaster global project management best practicesOpen yourself to new opportunities and lucrative job offersEnhance your market credibility  Gain 23 contact hours/PDUsBe part of the PMI network and gain several benefitsEarn average salaries from $93,500 to $111,500Top companies that hire CAPM professionalsKaiser PermanateAecom CorporationSAP AmericaBooz, Allen, HamiltonInternational Business Machines (IBM) CorpWhere to take training for certification: Aspirants must train from an Authorized Training Partner (ATP) of PMI.Who should take the training for certificationAssociate Project ManagersProject ManagersIT Project ManagersProject CoordinatorsProject Analysts, Project LeadersSenior Project ManagersTeam LeadersProduct ManagersProgram ManagersProject SponsorsProject Team MembersEligibilitySecondary degree (high school diploma, associate’s degree or the global equivalent)23 hours of project management education completed by the time you sit for the examExam FormatNo of questions: 150 questions Time: 3 hoursDifficulty level: Moderate but requires thorough knowledge of project management principlesDuration to get certified: After completing your 23 hours of CAPM workshop training, you need to dedicate around 45-60 hours to ensure complete preparation for the exam. Your web-based exam results will be visible to you immediately upon completion of the exam.  Course fee for certification: INR 8999, USD 799Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certification:In IndiaMember: ₹17,377.00Non-member: ₹23,169.00In U.S.Member: $435Non-member: $4953. PMI-RMP®: Project Management Institute-Risk Management ProfessionalThe pandemic exposed many vulnerabilities that organizations had not been prepared for. When faced with unprecedented risks, organizations need specialists who can identify and assess project risks, mitigate threats and take advantage of opportunities. The PMI-RMP course and certification prepares professionals to perform this role and successfully steer projects in complex environments.PMI-RMP Demand: According to the 2015 Pulse of the Profession® by PMI, “Eighty-three percent of organizations that are high performers in project management practice risk management frequently while just 49 percent of low performers do so”. This shows the importance of risk management and the emphasis organizations place on qualified risk managers.Benefits of getting PMI-RMP certifiedApply risk management practices for greater competitive advantageIdentify and measure risks in project development and implementationQuantify and create risk response strategies to deliver products that meet stakeholder expectationsUse a proactive and focused approach to preventing problems, rather than dealing with them once they occurIncrease your visibility within the companyAim for greater career growthEarn salaries upto $115,931Top companies that hire PMI-RMP professionalsWhere to take training for certification: Aspirants must train from an Authorized Training Partner (ATP) of PMI.Who should take the training for certificationRisk ManagersRisk Management ProfessionalsProject ManagersProject SponsorsProgram ManagersProject EngineersProject CoordinatorsPlanning ManagersPlanning EngineersProject Cost Control EngineersQuantity SurveyorsCivil EngineersIT Project ManagersProduct ManagersProject AnalystsBusiness AnalystsProject LeadersProject Co-ordinatorsTeam LeadersTeam MembersEligibilityTo apply for the PMI-RMP® Credential, you need to possess a:Secondary degree (high school diploma, associate’s degree, or the global equivalent)4,500 hours of project risk management experience40 hours of project risk management educationORFour-year degree (bachelor’s degree or the global equivalent)3,000 hours of project risk management experience30 hours of project risk management educationExam FormatNo of questions: 170 questions Type: Multiple ChoiceTime: 3.5 hoursDuration to get certifiedApplication fee: For PMI membership: USD $ 129 plus USD $10 for application fee.Course fee for certification: INR12999, USD 999Exam fee for certificationIn U.S.Member: $520Non-member: $670Retake fee for certificationMember: $335Non-member: $4354. PRINCE2® Foundation/PRINCE2 PractitionerThe PRINCE2 (PRojects IN Controlled Environments) Foundation and Practitioner credentials are sought-after offerings from AXELOS. There are a number of credentials offered under PRINCE2 that make it suitable for a wider audience. Axelos keeps the PRINCE2 curriculum regularly updated with the latest industry advances, which makes it suitable for new age project management and intensive, demanding projects.  PRINCE2 Demand: PRINCE2 extends its applicability across industries and sectors. This makes it very popular in the market as it is a one size fits all model. Although PRINCE2 was founded in the UK, it has now firmly established its presence in industries across the world. According to a report in LinkedIn, PRINCE2 is the most popular project management methodology. A professional adept at PRINCE2 and holding the credential is highly valuable and sought after by organizations implementing PRINCE2 for their projects.  Benefits of getting PRINCE2 certifiedGuide projects in their entiretyTailor PRINCE2 to suit the needs of projects and organizationsValidate your commitment to continued excellence and quality  Master and demonstrate your proficiency of the PRINCE2® framework  Gain project management best practices and grow your career with confidence Work across projects in diverse sectors and industriesShow your ability to work in challenging work environments  Command higher salaries (upto $99,012 average) than your non-certified peers Top companies that hire PRINCE2 professionalsShellBPTranspower New ZealandIBMHPAquasoftGetronicsSiemensWhere to take training for certification: Aspirants must undertake training from a Certified Partner of AXELOS and an accredited training organization (ATO) with PeopleCert®.Who should take the training for certification?Project ManagersProject CoordinatorsProject AnalystsProject LeadersProduct ManagersProgram ManagersProject SponsorsTeam LeadersSenior Responsible OwnersProduct Delivery ManagersBusiness Change AnalystsProject and Programme Office PersonnelOperational Line ManagerAnyone who wishes to build up knowledge in project management EligibilityThere are no eligibility requirements for the PRINCE2® Foundation certification exam. To qualify for the PRINCE2 Practitioner exam, you must have at least one of the following certifications: PRINCE2® Foundation or higher (applicable only to certificates obtained after 1 January 2009) Project Management Professional (PMP)® Certified Associate in Project Management (CAPM)® IPMA Level A® (Certified Projects Director) IPMA Level B® (Certified Senior Project Manager) IPMA Level C® (Certified Project Manager) IPMA Level D® (Certified Project Management Associate) Project Management Qualification (PMQ) Project Professional Qualification (PPQ) Exam FormatFoundation ExamDuration: 60 minutes (1 hour) Questions: 60 Multiple choice questions Pass mark: 33 out of 60 available, or 55% Use of textbook: No, it’s a closed book examPractitioner Exam Duration: 150 minutes (2.5 hrs) Questions: 68 Objective type questions Pass mark: 38 out of 68 available, or 55% Use of textbook: Yes, but only the official PRINCE2® manual is permitted. Duration to get certifiedYou will need to attend 32-hours of PRINCE2® Foundation and Practitioner training from an ATO of AXELOS and PeopleCert®, following which you will be required to take the exams to demonstrate your knowledge of PRINCE2 and get certified. The results of your tests are issued within 2 business days from the date of your exam.  Course fee for certification: USD 1999Exam fee for certification: Included in course fee5.  PgMP®: Program Management Professional (PgMP)® Certification TrainingAnother project management from the PMI, this credential is more advanced than the PMP and certifies the holder’s ability to manage complex projects that cover functions, organizations, cultures and geographies. The credential mandates holders to be proficient in the six prime focus areas: Governance, Prioritization, Escalation, Resource Management, Benefits Realization, and Stakeholder Management.PgMP Demand: Credentials from the PMI are known for their rigorous standards and testing, which is why they are well accepted in industries across sectors. PgMP holders are better able to promote integration and coordination of multiple projects for the overall benefit of the program. According to PMI’s 2015 Pulse of the Profession® report, an organization’s projects are far more successful with program management than without it — 76 percent compared to 54 percent. This further compounds the demand for PgMP professionals. Benefits of getting PgMP certifiedGet in-depth knowledge of tools and techniques to handle complex multiple related projectsUnderstand Program Lifecycle and its processes, competencies, tools and techniques with practical sample templatesLearn to implement large-scale programs to align with business strategyOpen yourself to lucrative job opportunities and leadership rolesWork in projects across geographiesEarn high salaries, upto $139,000 on averageTop companies that hire PgMP professionalsAmazonGoogleMicrosoftCognizantCapgeminiDeloitteJP Morgan ChaseErnst & YoungWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI®Who should take the training for certificationTeam LeadsSponsorsProject DirectorsProgram ManagersPortfolio Managers  Project Management Office (PMO) HeadsEligibilityA Four-year Degree (Bachelor's or Global equivalent), with at least four years of Project Management experience and four years of Program Management experience.ORA Secondary Diploma (High school or Global equivalent), with at least four years of Project Management experience and seven years of Program Management experience. Exam FormatNo of questions: 170 multiple-choice, of which 20 are considered pretest questions which are not scored.Question type: Most questions are scenario based and test a professional's understanding and clarity of thoughts on different Program Management concepts.Time: 4 hoursDifficulty level: DifficultDuration to get certified: You have to complete your 24 hours of training from an Authorized Training Partner (ATP) of PMI. Make a study plan and stick to it religiously. The PgMP is considered to be more difficult than the PMP and requires a fair bit of preparation. Once you pass the 4-hour exam you will be PgMP certified.  Course fee for certification: INR 13,999; USD 1199Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationIn IndiaMember: ₹46,338.00Non-member: ₹77,230.00In U.S.Member: $800Non-member: $1000Retake fee for certificationMember: $600Non-member: $8006. PMI-ACPPMI-ACP Demand: Agile is a fairly new concept in the context of product development. Though organizations reap immense benefits by adopting Agile, the road to transformation can often turn out to be expensive if not well executed. PMI-ACP professionals are therefore in huge demand as they can bring in project management best practices in Agile environments and ensure project success.  Benefits of getting PMI-ACP certifiedThe shortage of Project Managers has increased job opportunities in the Agile environmentYou will qualify for Agile jobs with expertise in Agile methods like Scrum, FDD, Kanban, etc. which are in demand in the industryEarn salaries in the range of $108,000 on an averageEquips you with knowledge of various Agile methodsMakes you more marketableTop companies that hire PMI-ACP professionalsStandard CharteredOracleIBMVMWareSource: IndeedWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI® Who should take the training for certification?Project ManagersProject PlannersQuality Assurance StaffDevelopers/ProgrammersDesigners, TestersProject ControllersProduct OwnersScrum MastersScrum Team MembersEligibilityTo apply for the PMI-ACP®, candidates must meet the following requirements:1. General Project Experience2000 hours of working on project teams within the last 5 years or having an active PMP®/PgMP® credential2. Agile Project Experience1500 hours of working on Agile Project Teams or with Agile Methodologies, in addition to “General Project Experience” above;3. Training in Agile Practices21 contact hours earned in Agile PracticesExam FormatNo of questions: 120 MCQ, of which 20 are pre-testDuration: 3 hoursDuration to get certified: Once you complete the course, you need to schedule the exam date. Exam applications have to be submitted and approved by PMI. Online applications m ay take upto five business days to get processed. Once your application is processed, you can schedule your exam date, and on passing receive the PMI-ACP credential.Course fee for certification: INR 10,999, USD 1099Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationFor members: $435Non-members: $495Retake fee for certificationMembers: $150Non-members: $200SummaryProject Management is among the most sought after job roles, not only in the tech industry but any industry that executes and manages projects. By 2027, 88 million individuals will need to be skilled in project management-oriented roles. This makes it among the hottest job trends in the coming years, and a credential will go a long way in helping you capitalise on this trend.
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Best Project Management Certifications in 2021

While nothing can replace industry work experience... Read More

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