On PfMP, I am one of the first ten in the world obtaining the certification (# 8 in the world and #5 in the US). At KPMG for example, I was seen as a process wonk when I see myself as hands-on and solution/result oriented. A PMP certification can incredibly increase your earning potential. 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. You might be wondering if PMP certification is worth it and if it is valuable for your career. They are Portfolio, Program, and Project Management (PfMP, PgMP, and PMP). 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… Answer: Yes. Just like the rest of the PMI-based certifications, PfMP® certification focuses on aspirants who want to perform constant analysis and management of portfolio aspects to determine the risks, issues, and room for improvement. 1. https://www.pmclounge.com/testimonials/imran-khan-pmp/. According to a recent PMI survey, the median salary for a certified project manager is $1,08,200. PgMP can shine as a rare jewel in your resume . The average annual salary of individuals having PMI ACP certification is nearly $100,000. https://www.pmclounge.com/testimonials/aadil-feroze-pmp/, Thank you PMC Lounge and Shoaib for all the wonderful materials and tips. 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. 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. I have given a thumbs up to many of them and will recommend them to everyone. It requires a smart approach and commitment and is absolutely worth it. It also gives certification holders and organizations who employ them additional confidence in the PMP certification. Project management certifications can provide professionals with a boost to their career paths as well as income potential. It is a large amount and will give you stability and security. Thank you. I like the style Mr. Shoaib delivers the lectures. Fulfill Eligibility Criteria. I have been in working in IT for many years and unfortunately, have been on furlough since March. The CompTIA certification encompasses several operating systems like Microsoft, Apple, Novell, and IBM among others and it also covers many technologies. While there are only ~2000 certified PgMPs currently, isn’t that a sign of the lesser industry demand for the certification? Organizations with mature project portfolio management practices complete 35 percent more of their programs successfully. So these certifications are not “offensive” in nature as I am not looking for these certifications to further my professional growth. 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. Well, it depends. Flex your muscles, prepare thoroughly and hit your targets well if you want to pass PfMP exam in the very first attempt. those with a PMP certification garner a higher salary (23% higher on average) than those without a PMP certification. By defensive, I mean that I no longer truly need it for professional growth. Handicap and people who have disabilities are given a special accommodation to make their Portfolio Management Professional exam session and environment more comfortable. In both cases, having the PMI certifications pegged me into a small box. While there are only ~2000 certified PgMPs currently, isn’t that a sign of the lesser industry demand for the certification? Project Management Professional (PMP) It is the most important industry-recognized certification for project managers. The CAPM Certification is an entry-level certification designed by PMI for associates who need to become a certified associate in project management. There are organizations that encourage and even mandate certain certifications for its employees, 3. And most recently when I completed the PfMP in January 2014, I have managed many large portfolios. Overview Key Features Course Outline Benefits Who can attend. Thank you! With the help of your incredible contents, i passed my PMP exam in first attempt. Notify me of follow-up comments by email. Let’s understand what it is PgMP and PMP, and then comment on whether it is worth it to do the PgMP®. Read all steps to get PfMP Certification in Dubai. Required fields are marked *. (This is just a theory and I hope I do not have to put it test.) Yes, it is always worth to be PgMP certified. Project Management Institute, PMI, Project Management Professional, Project Management Professional (PMP), PMP, Program Management Professional (PgMP), PgMP, Portfolio Management Professional (PfMP), PfMP, PMI Risk Management Professional (PMI-RMP), PMI-RMP, Certified Associate in Project Management (CAPM), CAPM, PMI Scheduling Professional (PMI-SP), PMI-SP, PMI Professional in Business Analysis (PMI-PBA), PMI-PBA, PMBOK, the PMI Talent Triangle and its Logo, and the PMI REP Logo are registered marks of the Project Management Institute, Inc. 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. Just take a look at the number of jobs on local job portals that list PgMP as a must-have. To gain PfMP certification you must also pass the 4-hour PfMP exam (170 multiple-choice questions). Is the PMP Certification Worth Your Time and Money? All my certifications are “defensive” moves. It certifies your ability to manage a … Ultimately, it is upto you whether or not you want to get yourself a PgMP. PMP Project Management Professional-723,067. You must pass a panel review evaluation before sitting the PfMP exam. 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. – 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. Getting PMI PfMP IT certification is to make sure an extended range of possibilities in the IT industry and increasing your existing earning prospects. May life bring you peace. Sounds impressive, right? 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. This globally admitted certification provided by the Project Management Institute (PMI) covers all the fundamental knowledge, processes, terminology associated with effective project management. PMP Certification: is it Worth it? PMI certifications gave me project management credibility, but senior leadership saw me as too theoretical and process oriented. Training schedule will be announced shortly. Top 3 reasons Project Management Certification is Worth it 1 – Career Recognition. Going through the process of taking the dreaded PMP examination is costly and complicated, and requires a great deal of preparation. It may be a long (and expensive) process, but keep in mind that it’s an … Just wanted to let you know that your youtube video is awesome. 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? 2. Plus, the credibility of both experience and certifications comes very handy. If your job requires PgMP certification then there is no getting around it. 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. Here is what PMI website says about PgMP and who should apply. The classic definition of Portfolio Management is application of management activities to a collection of programs, projects and/or operations to achieve strategic business objectives. Portfolio Management is crucial for an organization as it helps them to organize, prioritize and finance the projects. I just gave my PMP exam and saw congratulations message at the end. According to PMI’s certification registry, there are less than 50 of us in the world with these 3 certifications. 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. I have recently achieved my PMP certificate and during the preparation I found youtube videos of channel PMC Lounge extremely helpful. By incorporating real workplace scenarios, labs, and exercises, our courses prepare you for the real issues you will face back at the office. https://www.pmclounge.com/testimonials/a-m-al-amin-pmp/. Who Should Apply? Whatever you decide, do consider the points above. you were very clear in your instruction delivery. Thus, fairly or unfairly, I know firsthand that certifications can actually hurt. 3. Everyone knows that it's very hard to become a PgMP, and … If you want to stand out from the crowd, PgMP is one way of doing so as there are only ~2000 PgMP certification holders at the moment. Unless professionals have real and proven experiences, certifications can even damage their professional credibility by pursuing a role that’s beyond their capabilities. According to PMI Credential Holders World Wide. 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. I watched your video on the formulas and then wound up going through multiple videos and found them clear, concise, and perfect. So thanks a lot for all your efforts putting online this wonderful resources. 3. My name is Te Wu and I am the founder of PMO Advisory, this common question [ are Project Management Certifications Worth It?] May you and all your loved ones be happy, healthy and successful. https://www.pmclounge.com/testimonials/ankit-mishra-pmp/. Your email address will not be published. https://www.pmclounge.com/testimonials/dan-sandifer-capm/. The truth is rather simply, if you climb too quickly and are not ready, the fall can be disastrous for everyone. ), Program Management Improvement and Accountability Act PMIAA. As soon as I start working again, I am going to make a donation or two. There are numerous advantages and benefits of becoming certified. We will weigh the cost of attaining this certification against its benefits to help you decide if the PMP certification is right for you. There are two major resulting problems: 1) By not able to deliver, you are putting yourself and the hiring organization at risk. Keep up the great work, your channel is invaluable! A second certification option beyond the PMP is the Portfolio Management Professional (PfMP). And if you are ever unsure whether the certification could hurt you, downplay it or just not mention it. Thank You! PfMP. | Application process of PgMP, Performance Reviews | Root Cause Analysis (RCA) | Inspection | Testing / Product Evaluations – Tools of Control Quality Process. The biggest draw of PMP certification is the higher salary it can bring … And once I start falling, how far do I fall before I can pick up again. PMI PfMP certifications require you to meet domain experience levels, educational levels or both before you apply. We wish you all the best with your pursuit of PfMP Certification. PMI salary survey suggests that project managers with PMP credential earn 20% more than the non-credentialed professionals. Portfolio Management Professional (PfMP) Training and Certification 12000+ Satisfied learners Read Reviews. Your email address will not be published. Not valid for eLearnings, SAFe®, or Scrum Certification courses. What is PgMP Exam based on? PgMP vs MSP | Which certification is better? Experience the difference of real-world, hands-on training certification courses from Cprime Learning. There are two major resulting problems: 1) By not able to deliver, you are putting yourself and the hiring organization at risk. PFMP Certification. Along with that, you will get continuous promotions that will automatically increase your salary. https://www.pmclounge.com/testimonials/kiran-joshi-pmp/. got me thinking and now writing. On PfMP, I am one of the first ten in the world obtaining the certification (# 8 in the world and #5 in the US). I passed the CAPM exam last Friday achieving above target on twelve of the thirteen topics (the last achieving target) and I attribute it to your videos. 2) You are furthering damaging the credibility of the certifications. We are one of the most successful PMI training provider with over 1000+ PMP®, PMI-ACP® and PMI-RMP® successful professionals, worldwide.Our institute is a pioneer in PgMP® and PfMP® certification programs with 240+ certified professionals in PgMP® and 30+ certified professionals in PfMP®. Acp certification is regarded by many employers as the industry standard for computer support technicians sign of the lesser demand... Knowledge on strategy to clear PMP at a one go was put into a small.. Higher salary ( 23 % higher on average ) than those without a PMP certification and., when I completed the PfMP in January 2014, I am not looking for these aren! It industry and increasing your existing earning prospects a PgMP strategy to clear at. Organize, prioritize and finance the projects sitting the PfMP in January 2014 I... 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is pfmp certification worth it

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