Project Management Professional (PMP) It is the most important industry-recognized certification for project managers. I have heard a number of times that “Te’s expertise is in project management and not proven in other management area” when I actually have broad management expertise, both in academia and in practice. Brian Quinn - July 16, 2018 Sounds impressive, right? Experience the difference of real-world, hands-on training certification courses from Cprime Learning. Since its genesis in 1984, the PMP certification has grown internationally to include 833,025 certification holders as of March 2018. PgMP Program Management Professional-1,626. PMI’s certification and certifications are distinguished by their global development and application, which makes them transferable across industries and geographic borders. Berrycast Premium Plan (Free for Our Bootcamp Customers), Project, Program, and Portfolio Life Cycle – Webinar, How to Best Complete Applications for PMP, PgMP, and PfMP (November 2020 Webinar), Preparing and Completing PMI Certification Applications (e.g. The error of omission is far less damaging then the lie of addition. And once I start falling, how far do I fall before I can pick up again. Thus, fairly or unfairly, I know firsthand that certifications can actually hurt. https://www.pmclounge.com/testimonials/aadil-feroze-pmp/, Thank you PMC Lounge and Shoaib for all the wonderful materials and tips. Whatever you decide, do consider the points above. Program Management Professional (PgMP) - Salary - Get a free salary comparison based on job title, skills, experience and education. Earning your PgMP certification is a tough slog, but having it will set you apart as a “senior-level practitioner at the forefront of your field” along with a commensurate salary and various other professional benefits. It is a large amount and will give you stability and security. 2) You are furthering damaging the credibility of the certifications. Thank you. Unfortunately, it seems that the company has absolutely no respect for the certification at all- there are no associated raises or promotions for employees who have the certification, and it doesn't even seem like they try to move PMP certified engineers … It may be a long (and expensive) process, but keep in mind that it’s an … In my experience, PMP certification is worth it. PMO Training by PMO Advisory, Fall of 2016 in New York City  Click Here! To maintain certification, you must earn 60 portfolio-related PDUs every 3 years. Explore Certifications. Is it worth jumping through these hoops to attain PMP certification? According to a recent PMI survey, the median salary for a certified project manager is $1,08,200. Thank You! For example, when I obtained my PMP in 2003, I was already leading a consulting practice of project professionals. Portfolio Management is crucial for an organization as it helps them to organize, prioritize and finance the projects. 2. On PfMP, I am one of the first ten in the world obtaining the certification (# 8 in the world and #5 in the US). The Portfolio Management Professional (PfMP) signifies your advanced competency in the coordinated management of one or more portfolios to achieve strategic objectives. Videos really helped me clear my concepts and were interesting to watch as well. They are Portfolio, Program, and Project Management (PfMP, PgMP, and PMP). So here is my take: • It’s worth it. Just take a look at the number of jobs on local job portals that list PgMP as a must-have. Is the PMP Certification Worth Your Time and Money? ), Program Management Improvement and Accountability Act PMIAA. A PMP certification can incredibly increase your earning potential. You must pass a panel review evaluation before sitting the PfMP exam. https://www.pmclounge.com/testimonials/ayush-mishra-pmp/. Thank you again and best wishes, https://www.pmclounge.com/testimonials/prakash-sapkota-pm/, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Overview of Project Selection Concepts / Methods / Techniques, Top 3 things you must know about Deliverables. Shoaib is doing a really fantastic job by explaining the complex project management terms with ease. Fulfill Eligibility Criteria. Moreover, CAPM certification is composed based on the PMI framework and supports the standards as mentioned in the PMBOK Guide-6th Edition (A Guide to t… If you already have Program Management experience (6000 hours of it is mandatory as a pre-requisite for PgMP, more on PMI Certification pre-requisites here) and you want to solidify the experience with a tag of certification you should definitely consider PgMP by all means, 2. Even for those who like me have progressed beyond the need for these certifications, PMI’s body of knowledge provide excellent framework to organize our knowledge and experiences. A Portfolio Management Professional (PfMP) ® certification demonstrates that an individual is more adept at calculating the risks and benefits, finding solution and aligning them with the organization’s core strategy. A second certification option beyond the PMP is the Portfolio Management Professional (PfMP). Overview Key Features Course Outline Benefits Who can attend. PMP Certification: is it Worth it? – If you have the proven ability to manage multiple, related projects and navigate complex activities that span functions, organizations, regions or cultures and to align results with organizational goals, then you’re a potential PgMP. https://www.pmclounge.com/testimonials/nazwa-salim/. In fact, a day before my exam, I did nothing but went through all your videos again. I wish PMC Lounge continues this journey. Does employee trust impact organizational performance? The Portfolio Management Professional (PfMP) training and certification course delivers all-inclusive know-how of the competencies in aligning and managing portfolio of programs and projects to attain organizational objectives. To gain PfMP certification you must also pass the 4-hour PfMP exam (170 multiple-choice questions). Going through the process of taking the dreaded PMP examination is costly and complicated, and requires a great deal of preparation. | Application process of PgMP, Performance Reviews | Root Cause Analysis (RCA) | Inspection | Testing / Product Evaluations – Tools of Control Quality Process. May you and all your loved ones be happy, healthy and successful. We will weigh the cost of attaining this certification against its benefits to help you decide if the PMP certification is right for you. I want to thank you for your efforts making free youtube videos for us! Here is what PMI website says about PgMP and who should apply. You can find PMPs leading projects in nearly every country and, unlike other certifications that focus on a particular geography or domain, the PMP is truly global. If it’s the value of the certificate, the answer is to 100% the PgMP. Flex your muscles, prepare thoroughly and hit your targets well if you want to pass PfMP exam in the very first attempt. 1. The returns you can expect after these certifications aren’t ground breaking and the law of diminishing returns does apply. I like the style Mr. Shoaib delivers the lectures. Ultimately, it is upto you whether or not you want to get yourself a PgMP. If this sounds familiar, perhaps you could use a PMP certification. In this post I’ll walk you through some of the pros and cons of getting PMP certified. My philosophy on building defense certifications is that I will likely tumble at some point in my career. The PgMP is, in my opinion, one of the hardest certifications in any domain. The truth is rather simply, if you climb too quickly and are not ready, the fall can be disastrous for everyone. Thanks to PMC Lounge for being there, the bite size multimedia material has been very helpful for me to successfully clear the PMP in first attempt. May life bring you peace. 2) You are furthering damaging the credibility of the certifications. Notify me of follow-up comments by email. Your emphasis on words and the way you speak makes it interesting and easy to understand. According to PMI Credential Holders World Wide. Well, it depends. It requires a smart approach and commitment and is absolutely worth it. This globally admitted certification provided by the Project Management Institute (PMI) covers all the fundamental knowledge, processes, terminology associated with effective project management. PMI PfMP certifications require you to meet domain experience levels, educational levels or both before you apply. PMI salary survey suggests that project managers with PMP credential earn 20% more than the non-credentialed professionals. Thank you! When I became certified in PgMP in 2010, I was already the global director of projects and leading one of the two tracks of the largest project in our company’s IT history. The certification is regarded by many employers as the industry standard for computer support technicians. https://www.pmclounge.com/testimonials/kiran-joshi-pmp/. It has been observed that PMP certification holders earn 25% more than their non-certified peers. (I believe that is true for vast majority of us unless you are truly luck.) What is PgMP Exam based on? Having the certification simply shows competency as a computer expert. There are only a few hundred PgMP certified Program Managers, which says something about the exclusivity of this certification. The CAPM Certification is an entry-level certification designed by PMI for associates who need to become a certified associate in project management. The average annual salary of individuals having PMI ACP certification is nearly $100,000. Your email address will not be published. There are two major resulting problems: 1) By not able to deliver, you are putting yourself and the hiring organization at risk. PMI certifications gave me project management credibility, but senior leadership saw me as too theoretical and process oriented. those with a PMP certification garner a higher salary (23% higher on average) than those without a PMP certification. I am really happy that I could get in touch with PMC Lounge's regular videos that clarified my concepts and ideas. We wish you all the best with your pursuit of PfMP Certification. Handicap and people who have disabilities are given a special accommodation to make their Portfolio Management Professional exam session and environment more comfortable. I have recently achieved my PMP certificate and during the preparation I found youtube videos of channel PMC Lounge extremely helpful. https://www.pmclounge.com/testimonials/judy-thang/. There are numerous advantages and benefits of becoming certified. I followed your channel based upon my colleague's suggestion and the best part I liked about PMC Lounge is that it's cool & has a well-curated content, unlike other long boring videos. If you are considering switching jobs or changing industries and looking for PgMP to help you do so, you should probably consider something else. https://www.pmclounge.com/testimonials/ankit-mishra-pmp/. Portfolio Management Professional (PfMP) - Salary - Get a free salary comparison based on job title, skills, experience and education. If your job requires PgMP certification then there is no getting around it. Your videos where a material very important for this achievement, I saw almost half or your YouTube videos, this helped me clarify many doubts an improve my project management vocabulary in English (my mother language is Spanish). So thanks a lot for all your efforts putting online this wonderful resources. By having these certifications, my hope is that the fall from grace is a bit gentler as my resiliency is higher; I can start climbing again quicker. Maintaining PMI certification. 3. Everyone knows that it's very hard to become a PgMP, and … While there are only ~2000 certified PgMPs currently, isn’t that a sign of the lesser industry demand for the certification? Not valid for eLearnings, SAFe®, or Scrum Certification courses. The PMC Lounge channel is one of the very best resources on YouTube for aspiring PMPs, the videos are extremely clear, not distracting and superbly delivered by Shoaib Qureshi. Well, it depends. Ironically, even in my teaching career, I was put into a box of project management. PfMP. There are two major resulting problems: 1) By not able to deliver, you are putting yourself and the hiring organization at risk. I have been in working in IT for many years and unfortunately, have been on furlough since March. PFMP Certification. the median annual salary, across all countries, roles and experience levels, is $80,000 (USD) By using the data from the above two statements, we can … | PgMP exam content, How to apply for PgMP? Top 3 reasons Project Management Certification is Worth it 1 – Career Recognition. Best wishes to keep growing and spreading the knowledge. Thanks for creating PMC Lounge and I must say a huge credit goes to you for simplifying understanding in such a way that I found nowhere. Here, I advocate to my junior colleagues and students that consider pursuing CAPM (for project management) or take on project management roles and build a solid experience before embarking on PMP, PgMP, PfMP, or other certifications. It also helped me to have better knowledge on strategy to clear PMP at a one go. By defensive, I mean that I no longer truly need it for professional growth. PFMP Certification. In both cases, having the PMI certifications pegged me into a small box. Published on December 21, 2016 December 21, 2016 • 59 Likes • 3 Comments If it was in huge demand, wouldn’t everyone be rushing after it? Is it worth spending the money, time, and resources not only to obtain but also to maintain? Required fields are marked *. Weigh in on whether you think earning a Project Management Professional (PMP) certification is a career booster, or if you believe a better use of time is simply demonstrating delivery. They are Portfolio, Program, and Project Management (PfMP, PgMP, and PMP). • But it is not worth it for people who have no real experience in these areas. certification. I know that my certifications actually hurt me in my last job as the global director of project services at KPMG (and also as a professor at a college). Yes, it is always worth to be PgMP certified. You will also get plenty of bonuses if you complete a project successfully. I have given a thumbs up to many of them and will recommend them to everyone. https://www.pmclounge.com/testimonials/a-m-al-amin-pmp/. PfMP is the next level after PgMP and by the time you are caught up with PgMP and then PfMP, PMI may possibly come up with yet another higher level certification. got me thinking and now writing. Thank you for these videos and for making them free. To see the full PMI survey … And if you are ever unsure whether the certification could hurt you, downplay it or just not mention it. Getting PMI PfMP IT certification is to make sure an extended range of possibilities in the IT industry and increasing your existing earning prospects. Unless professionals have real and proven experiences, certifications can even damage their professional credibility by pursuing a role that’s beyond their capabilities. Read all steps to get PfMP Certification in Dubai. is it worth getting PMP certified? I am very happy to inform I have passed PMP exam on 30 , Nov. https://www.pmclounge.com/testimonials/krishna-kulkarni-pmp/, https://www.pmclounge.com/testimonials/naved-ahmed-pmp/, I am writing from the other side of the world (Bogota, Colombia), and wanted to tell you that yesterday I succeed on the. To further prove the point, as a hiring manager, I rarely am impressed with certifications by themselves. So these certifications are not “offensive” in nature as I am not looking for these certifications to further my professional growth. After years of experience and PMP certification under your belt, is PgMP the next logical step? It certifies your ability to manage a … Answer: Yes. You might be wondering if PMP certification is worth it and if it is valuable for your career. I just gave my PMP exam and saw congratulations message at the end. https://www.pmclounge.com/testimonials/nelson-calderon-pmp/. 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