What exactly is a PMI certification?
PMI certification is a certification administered by the professional organization, Project Management Institute (PMI). From entry-level to advanced, broad, and niche, a PMI certification can help beginning professionals advance their careers or strengthen the skills of seasoned project managers. In an increasingly projectized world, PMI professional certification ensures that you’re ready to meet the demands of projects and employers across the globe.
What is PMI Certification worth?
Project Management Professional (PMP) certification is a valuable possession in today’s job market. PMP certification can be difficult to achieve and is the gold standard for project managers in project management practice. A recent PwC study found that PMP certified project managers manage more than three-quarters of truly high-performing projects. Additionally, more than one-third of PMP certified managers enjoy significantly better project success than companies without. Another study found that project managers with PMP certification had higher salaries. So, the answer to this question is yes! PMP certification is worth it.
PMI offers several other certifications that may be appropriate for professionals at different stages of their careers.
1. Project Management Professional (PMP):
PMP is one of the most popular and recognized certifications in this field. Achieving certification includes a rigorous exam that tests your knowledge of managing people, managing processes, and making business-minded decisions.
2. Certified Associate in Project Management (CAPM):
CAPM is geared toward people who hope to manage projects, take on more responsibility, or add project management skills to their resume. CAPM is open to professionals at any stage of their project management career, making it a solid option for those just starting out.
3. PMI Agile Certified Practitioner (PMI-ACP):
PMI-ACP certifies your skills in Agile Project Management, a project management style that emphasizes short sprints and adaptability. The test consists of 100 scored items in areas such as problem identification and resolution and adaptive planning.
4. Disciplined Agile:
PMI offers four certifications in Disciplined Agile: Disciplined Agile Scrum Master (DASM), Disciplined Agile Senior Scrum Master (DASSM), Disciplined Agile Coach (DAC), and Disciplined Agile Value Stream Consultant (DAVSC). With varying levels of experience required, certifications allow beginners to learn the basics of the methodology and more experienced agile users to deepen their skill sets.
5. Professional in Business Analytics (PMI-PBA):
Successful project management often means having a good understanding of how to manage business objectives. The PMI-PBA exam consists of 175 scored questions. It will test you on essential assessment, planning, monitoring, evaluation, and other criteria related to the business analysis-related aspects of project management.
6. Program Management Professional (PgMP):
PgMP is designed for professionals who are advanced in their careers and can oversee multiple projects for the success of a program. PgMP holders are expected to be able to manage complex tasks across different organizations, geographic locations, and cultures. Obtaining the PgMP requires successfully passing a panel review and taking a certification exam.
7. Portfolio Management Professional (PfMP):
If you have successfully managed one or more portfolios for an organization, PfMP can be the stamp that shows your expertise. The certification process involves a panel review and a multiple-choice exam. The exam consists of 150 scored questions to assess communication skills and monitor portfolio performance.
8. PMI Risk Management Professional (PMI-RMP):
The PMI-RMP is designed to validate advanced professionals’ skills in risk management. PMI-RMPs will be certified to assess and mitigate risk on large or complex projects.
The process of obtaining a PMI certification?
1. Meet the requirements.
3. Take the exam.
4. Maintain your certification.
Equipping yourself with project management skills can make you a competitive candidate for jobs and a successful leader in the workplace. If you’re just starting out in your project management journey, take a look at the our website and follow the steps to get your Training material. Use study guides and a Real exam-like simulator to prepare for your exam and get certified with PMI certification with the help of 591Lab online training material.