Your guide to PMI certification

Posted by Taryn Wheatley on Mar 29, 2019 1:13:00 PM

Guide-to-certificate-PMI

Anyone can be a project manager. In fact, if you work in the corporate world, chances are good that you will be project manager - even if it's just for a month or two. But will you be a good project manager? Unfortunately, project management can go really wrong when a completely unqualified person attempts it. Of course it can go just as wrong when a completely qualified person attempts it, too!

This is something that managers of PM teams know only too well. There are so many moving parts and so much to learn - which means that you would be wise to take any opportunity to learn and develop your skills.

There are several ways to do this. You could find a mentor, complete some free online courses, or begin your journey with the Project Management Institute (PMI).

What is the PMI?

The PMI is a global association for project managers, with course content being developed by practitioners for practitioners, and based on ongoing research to meet the real-world needs of organizations. With a PMI certification behind your name, you can work in virtually any industry, anywhere in the world, and with any project management methodology. 

The PMI offers a range of certification courses for all career levels. Here's a quick overview of your options.

 

Project Management Professional (PMP)

Who is it for? Project Managers

The Project Management Professional (PMP)® is your first stop when it comes to certification for project managers. It proves to potential employers that you speak and understand the global language of project management. It's also indicates that you'll be more valuable - research shows that more than a third of their project managers are PMP-certified, organizations complete more of their projects on time, on budget and meeting original goals. (Pulse of the Profession® study, PMI, 2015). And it might even result in a better paycheck for you - according to PMI’s Earning Power Salary Survey, those with a PMP certification garner a higher salary (20% higher on average) than those without one.

Prerequisites include: 

  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 7,500 hours leading and directing projects
  • 35 hours of project management education

OR

  • Four-year degree
  • 4,500 hours leading and directing projects
  • 35 hours of project management education

Learn more: https://www.pmi.org/certifications/types/project-management-pmp

 

Certified Associate in Project Management (CAPM)

Who is it for? Anyone who wants to prove that they have mastered global standards and best practices.

If you are ready to manage larger projects and gain more responsibility, or if your current role requires project management skills, then the Certified Associate in Project Management (CAPM) will be of interest.

To qualify, you need a secondary degree (high school diploma, associate’s degree or the global equivalent) and 1,500 hours of project experience, or 23 hours of project management education completed by the time you sit for the exam. 

Learn more: https://www.pmi.org/certifications/types/certified-associate-capm

 

PMI Agile Certified Practitioner (PMI-ACP)

Who is it for: Professionals in agile teams or whose organizations are adopting agile practices.

According to the PMI, this is their fastest growing certification. The course covers many approaches to agile including Scrum, Kanban, Lean, extreme programming (XP) and test-driven development (TDD.) It's a great course for future-proofing your career.

Prerequisites include: 

  • 2,000 hours of general project experience working on teams. A current PMP® or PgMP® will satisfy this requirement but is not required to apply for the PMI-ACP.
  • 1,500 hours working on agile project teams or with agile methodologies. This requirement is in addition to the 2,000 hours of general project experience.
  • 21 contact hours of training in agile practices.

Learn more: https://www.pmi.org/certifications/types/agile-acp 

 

Program Management Professional (PgMP)

Who is it for? Senior practitioners who manage programs or multiple projects, or who add strategic value.

At this level, it's all about leadership and your ability to advance your organization's strategic goals through excellent management of several related projects.

You need to have sufficient experience to qualify for this certification, either:

  •  A secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 6,000 hours of project management experience
  • 10,500 hours of program management experience

OR

  • A four-year degree
  • 6,000 hours of project management experience
  • 6,000 hours of program management experience

Learn more: https://www.pmi.org/certifications/types/program-management-pgmp 

 

Portfolio Management Professional (PfMP)

Who is it for? Executive or senior-level practitioners who manage a portfolio of projects and programs aligned with organizational strategy.

You're ready to consider this certification if you are (or will be) responsible for ensuring that your organization is working on the right kind of projects, and if you see your job as closing the gap between strategy and implementation.

The Portfolio Management Professional (PfMP) certification proves your advanced competency to  manage one or more portfolios to achieve strategic objectives. 

Prerequisites at this level are:

  • All applicants must possess a minimum of eight years of professional business experience AND
  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 10,500 hours of portfolio management experience

OR

  • Four-year degree (bachelor’s degree or the global equivalent)
  • 6,000 hours of portfolio management experience

Learn more: https://www.pmi.org/certifications/types/portfolio-management-pfmp 

 

PMI Professional in Business Analysis (PMI-PBA)

Who is it for? Anyone who works with project teams or manages requirements or product development. Project or program managers who perform business analysis.

Inaccurate requirements gathering consistently ranks in the top three causes of project failure. If you are ready to work with stakeholders to define requirements, shape project outputs and drive intended business outcomes, then this certification will be of value to you.

Prerequisites for this certification include:

  • Secondary degree (high school diploma, associate’s degree 
  • 7,500 hours of business analysis experience
  • 35 contact hours of education in business analysis

OR

  • Bachelor’s degree or the global equivalent
  • 4,500 hours of business analysis experience
  • 35 contact hours of education in business analysis

Learn more: https://www.pmi.org/certifications/types/business-analysis-pba

 

 

PMI Risk Management Professional (PMI-RMP)

Who is it for? Project Management professionals with advanced knowledge and experience in risk management, or those focused on project risk management, including for large projects and/or complex environments.

This certification proves your ability to identify and assess project risks, mitigate threats and capitalize on opportunities. 

Prerequisites for this course include:

  • Secondary degree (high school diploma, associate’s degree, or the global equivalent)
  • 4,500 hours of project risk management experience
  • 40 hours of project risk management education

OR

  • Four-year degree (bachelor’s degree or the global equivalent)
  • 3,000 hours of project risk management experience
  • 30 hours of project risk management education

Learn more: https://www.pmi.org/certifications/types/risk-management-rmp 

 

PMI Scheduling Professional (PMI-SP)

Who is it for? Professionals with advanced knowledge of project scheduling

Projects and teams today are increasingly global and virtual, and project schedules are key to managing activities, resources, dependencies and ultimately, project outcomes. This certification proves your knowledge and skill to drive the improved management of project schedules.

Prerequisites for this course include:

  • Secondary degree
  • 5,000 hours project scheduling experience
  • 40 hours project scheduling education

OR

  • Four-year degree
  • 3,500 hours project scheduling experience
  • 30 hours project scheduling education

Learn more: https://www.pmi.org/certifications/types/scheduling-sp 

Topics: Project Management, Portfolio Management