Tag Archives: PMP

PMI Classes: Worth the Certification?

This Post was written by Bridge Technical Talent
Date posted: April 14, 2015

There comes a point in most people’s careers when they begin to think how they can take the next step forward. In the project management industry, many look to the Project Management Institute’s Project Management Professional (PMP) certification for advancement. While the PMP certification is a well respected credential, it is not necessarily right for everyone. So, is getting your PMP certification worth it for you? Here are some generalized benefits and drawbacks to consider if you choose to pursue your PMP certification.

Drawbacks

  • Getting your PMP certification is certainly not cheap. The exam fee itself is $405 for PMI members and $555 for non members. Prep courses for the exam can range from $1500 to $4000 for 3 months of intensive preparation.
  • PMP is becoming more of a fashion than a skill. Some say that PMP certification does not prove you are a great project manager and that what it all boils down to is experience and proven successes over time.
  • PMP certification is based on one project management framework (PMBOK). There are other frameworks and methodologies to keeping your project on scope and under budget so it is worth confirming that PMP certification has value in your specific industry.

Benefits

  • PMP certification often offers financial benefits. Those with PMP certification have significantly higher salaries than those without certification. PMP certification may gain you a 20% increased in salary over non certified project managers.
  • PMP certification makes your resume attractive. Recruiters often use certification to narrow their candidate pool. Some recruiters even value the certification more than a masters degree because it shows that you have the ability to adhere to strictly defined processes.
  • PMP certification helps you learn a common language. Earning your PMP certification can help you in your ability to articulate important components of projects such as project goals, resources, assumptions, and risks. PMP certification allows for better communication with clients and vendors.

After considering the advantages and disadvantages of pursuing PMP certification, is it worth it to further your project management career? The answer depends on your career goals within the industry. It can definitely help you enter new industries but it’s important to view the process as an investment. Our team of recruiters would be more than happy to help you discuss pursuing your PMP certification. You can contact our team here.

 

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2013 Project Management Trends to Watch

This Post was written by Bridge Technical Talent
Date posted: December 27, 2012

This is a Guest Post by Alan Dyer, PMP.

In these uncertain economic times, Project Managers, in 2013, will play an even more important role in determining the project portfolios of organizations as well as ensuring project success.  The key trends I see are:

  1. Determining the ROI / Cost Benefit Analysis on proposed projects.   I believe PMs will play an even more critical role in developing the business case and ROI analysis of individual projects prior to project initiation.  As a PM you may need to re-educate yourself on the process for developing the business case as well as employing the appropriate ROI / Cost Benefit Analysis techniques necessary for the organization to make the appropriate project decisions.
  2. Quicker Time to Market. With the uncertainty of the economic environment organizations are looking for ways to get their products to market sooner.  Therefore, development  techniques such as Agile are being used more regularly.  That being said, PMs need to better understand those methods and be able to readily apply a project management methodology that provides the appropriate documentation and control of the project without undermining or slowing time to market.
  3. The continued “projectization” of organizations. While IT departments have typically been the driver of using project based methodologies to deliver feature and functionality, Business departments are beginning to realize the that there viability will only come from project based methodologies.  More and more organizations are realizing that projects are a vehicle of change and project can be used to easily link both the Business and IT departments in using one unifying methodology that delivers success across the organization.
  4. The growth of Project Management Offices. Organization can no longer tolerate nor afford troubled or failed projects.  That being said, companies are turning to PMOs to help them develop the techniques, tools, documentation, and standard methodologies, and Project Management Standards to ensure each project has the necessary tools, process, and oversight / rigor needed to help them be successful.

Alan Dyer is the Owner / CEO of The Project Delivery Group, which provides, Project Management, Business, and Technical Consulting Services.  Alan primarily focuses on failed or troubled project recovery.  He has been very successful in turning around several failed projects for State and Local Governments as well as fortune 500 and 100 companies.  The Project Delivery Group delivers success “one project at a time.”

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To Credential or not to Credential: Project Managers and The PMP

This Post was written by admin
Date posted: December 2, 2008

Over the last several years, there has been a dramatic increase in the need for Project Managers. Large and small organizations are increasing their use of Project Managers for IT initiatives. Along with the increase in positions, we have seen the number of job requirements for Project Managers increase steadily. In the past, many clients expressed only a preference for certifications. Now, it seems, the majority of job descriptions for Project Managers require that candidates be a Project Management Professional (PMP). This trend has us thinking about the value of getting certified versus the potential danger of not.

To that end, BRIDGE would like to share information about the PMP certification: where to get it, required time, costs associated, and potential benefits. Read on:

The Project Management Institute, which administers thePMP Certification, has designed the process to ensure only serious project managers are eligible by requiring a minimum of 3 years of project management experience (more if you don’t hold a bachelors degree). During your three years they require 4,500 hours spent leading and directing project tasks. There is also a four hour computer-based exam. The exam costs $550 ($405 for PMI members) and covers material from the Project Manager Professional Examination Specification. The 200 multiple choice questions cover content from six domains including; initiation, planning, executing, monitoring and controlling, closing, and professional and social responsibility. Once you decide to get certified it can take from one month to one year to get through the application and testing.

There are many reasons why you might decide to get certified; it could be a personal goal, you want to distinguish yourself from others, you want get a promotion or a better job, or you think it might be required for your next job. This last reason might be worth considering given that many companies are moving from preferring to requiring PMP certification.

Related Events:
On Thursday, January 8th, BRIDGE Technical Solutions will be sponsoring the Ocean State PMIdinner meeting at the Marriott Hotel in Providence, RI. The topic will be “Case Study: How Project Management Guided Harvard Pilgrim from Near Collapse to #1” presented by Lisa DiTullio of EPMO Advisory Services of Cohasset, MA.

Check out our new web page exclusively for Project Managers. We have collected information on PM certification, training opportunities, and current news which we hope will be useful. We also provide links to local project manager professional organizations. If notice something missing from our page please let us know.

So what do you think? Is PMP certification worth the cost? We appreciate your insight.
Thanks, Joe Devine

Is the Project Management Professional (PMP) Certification worth the time/cost?
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