| Feb 19 |
Archive for the 'Project Management Professional Certificate [ PMP ]' CategoryReasons NOT to Take a PMP Exam Boot Camp.
Often touted as “ideal targeted training” for the Project Management Professional (PMP) exam, many people find PMP boot camps are an attractive option for exam preparation. While boot camps are designed to deliver noticeable results with a high-output of effort in a short period of time, the drawbacks of choosing this path for exam preparation often outweigh the benefits. Bootcamps may work for some because the instructors are usually highly qualified with master’s degrees, prior training, and years of industry experience. Most also offer a pass guarantee and will assume financial risk if you fail. They may offer to pay for your exam re-take or provide custom coaching and feedback. Quoting high first- and second-time pass rates, boot camp programs claim to be the ideal package for exam preparation, often including the PMBOK® Guide, a prep guide, test-style prep questions, and meals during classroom sessions. If you would like a surefire way to pass the PMP Exam in a short period of time, then a boot camp may be just what you’re looking for. However, PMP boot camps definitely have their share of drawbacks and these drawbacks are the reason why I never recommend a bootcamp to any of my students. Designed to be the ideal all-in-one exam preparation experience, the sheer cost of boot camps make them less-than-ideal for those of us on a budget. An intensive 4-day course can cost you several thousand dollars, depending on your location, whether it’s a busy time of year, and the availability of included amenities. While the up-front cost may seem astronomical, check to see if it includes the actual PMP exam fee and comes backed with a pass guarantee. Most boot camp companies will offer to cover tailored tutoring and re-take exam fees if you fail the first or second time. If you fail a third time, they may even offer to let you take the entire 4-day course over again for free. But all of this comes at a cost. Essentially a pay-to-pass program, boot camps pump a large amount of students through a short-term, high-yield course. Boot camps may only be a viable option if time is more valuable to you than money. Reason #2: Boot camps are inconvenient. Unless you live in a large urban area where a course is offered, the 4-day boot camp will usually require travel and hotel accommodations. For most project managers with jobs and families, dropping their responsibilities for four days is not only inconvenient, it’s impossible. Work and life does not stand still (or even slow down!) just because you have an important exam to pass. Most project managers require – and work best with – a study schedule that fits with their lifestyle instead of interrupting it. Reason #3: Boot camps focus on memorization. As you are already aware, the PMP Exam is based on concepts from the PMBOK® Guide. Specific principles include communication, cost management, human resources, integration, procurement, quality, risk, scope, and time management. The material is broad and the data is often in-depth. So, how do boot camps ensure you thoroughly master and understand these concepts in a mere four days? They don’t. There is absolutely not enough time in four days to extensively cover concepts and in-depth data. Instead, boot camps focus on rote memorization of high-yield material. While they may be able to guarantee a “first-time pass”, boot camps cannot and do not offer an education that will help you with project management beyond the exam. As noted above, the inconvenience of boot camps is often rooted in their location and need for travel away from home. On top of that, many boot camps have limited space and are only able to offer sessions at certain times of the year. If you thought taking time off from work and your family would be difficult, try doing it around their schedule instead of your own. The only available times may be during a busy work crunch or stressful family situation. At best, this may be inconvenient. Often, it is impossible. Project managers with home and work commitments will usually have better success with a study schedule or workshop that still allows them to fulfill their home and work responsibilities. Reason #5: Boot camp training focuses on passing the exam instead of teaching concepts. The material on the PMP exam is broad and in-depth. If you are not already familiar with concepts covered in the PMBOK Guide, boot camps will not be able to help you in a mere four days. As noted in their “guarantee”, boot camps only promise to help you pass the exam. They do not offer an education that will guide or assist you through your career. One of the secret ingredients to doing well on the PMP exam is understanding of project management principles, both individually and how they work together. Instead of focusing on competency, boot camps rely on rote memorization of high-yield material. While this may result in a high first-time pass rate, it does not ensure that the project manager has learned any skills or gained experience that will help their career beyond exam day. In conclusion, if your goal is to simply pass the PMP exam without learning new techniques to improve your project management skills, then a boot camp may be just what you’re looking for. If you are unemployed, single without familial commitments, have more money than you know what to do with, and are simply looking to add credentials to your CV, then a 4-day PMP boot camp will probably serve you well. However, if you are genuinely interested in becoming a better project manager on the road to excelling on the PMP exam, then a more in-depth study approach is what you want. Successfully passing the PMP Exam and achieving lasting and positive effects on your project management skills involves daily study time for 10 to 12 weeks. Individuals that choose to study on their own should read the PMBOK® Guide twice, utilize an additional PMP self-study preparation book, listen to a PMP Exam Podcast, and tackle as many sample exam questions as possible. Individuals that prefer the structure of a classroom schedule should select a training class that meets for several weeks. Self-study at home will complement the in-class lectures and further solidify the information. Following this approach will ensure that you not only pass the exam, but become a superior project manager along the way. |
| Feb 06 |
Archive for the 'Project Management Professional Certificate [ PMP ]' CategoryWhich PMI Credential is Right for me?
PMI has a global presence with members in over 170 countries. It is the largest association dedicated to project management in the world. PMI is actively engaged in setting professional standards for project mangers which helps them set themselves apart from the rest of the crowd. PMI credentials greatly enhance your employability. PMI certifications give you the most sought after appreciation and visibility within your organization. It is an important investment for your career because the certificate may increase your job stability, expand your earning potential and provide a competitive stand in the job market. To be eligible for any PMI credential, you must meet certain educational and project management experience requirements. They are different for each credential and are spelled out in detail in the Credential Handbooks. You’ll find a link to each of the 5 handbooks on the PMI website www.pmi.org under “Career Development > About PMI’s Credentials”. Go ahead… take a look at one or two of these handbooks. You will soon realize that there is one question that isn’t answered in there. The question is “Where do I want to be in 5 years from today?” So instead of immediately reading up on the credentials you may first want to find out where your passion in project management lies, select the appropriate career path and then set your eyes on the appropriate credential. Here is a PMI credential overview including highlights of the eligibility requirements. Please refer to the individual Credential Handbook for the complete requirements: Certified Associate in Project Management (CAPM)®If you are a junior project management practitioner and have demonstrated your skills as a project team member then the Certified Associate in Project Management (CAPM) is the best option. You will get the fundamental knowledge of processes and terminology that will help you effectively manage projects. For the CAPM certification all you need is a high school diploma and either 1,500 hrs of professional experience on a project team or 23 hours of project management training. PMI Scheduling Professional (PMI-SP)®If your role involves developing and working on the project schedule then PMI Scheduling Professional is appropriate for you. Your knowledge and expertise in developing and maintaining the project schedule will be enhanced with the PMI Scheduling Professional. If you hold a bachelor’s degree then you will need a minimum of 3500 hrs of project scheduling. With high school diploma you will require a minimum of 5000 hrs of work experience in project scheduling. PMI Risk Management Professional (PMI-RMP)®If you demonstrate knowledge and skills in the risk management of a project then PMI Risk Management Professional (PMI-RMP) will suit you best. With a PMI-RMP credential you will develop an expertise in identifying project risks and in mitigating threats and capitalizing on the opportunities. If you have a bachelor’s degree then you will need 3000 hrs of work experience in project risk management, but with a high school diploma 4500 hrs are mandatory. Project Management Professional (PMP)®If you perform your project management duties under general supervision, lead the team and direct all project tasks then you should go for the Project Management Professional (PMP) credential. You will develop an in-depth understanding and skills to lead and direct project teams to deliver results within the constraints of budget, time and scope. The certification requires 3 years of professional experience with at least 4500 hours spent leading and directing project tasks. With a high school diploma five years of professional experience is required with at least 7500 hours spent in leading and directing project tasks. Currently, the PMP Exam is the most sought after project management credential in the world. Program Management Professional (PgMP)®Do you handle multiple projects directed towards a strategic business objective? Do you manage programs that contain complex activities that span functions, organizations, geographic regions and cultures? In that case the Program Management Professional (PgMP) is the credential that you should opt for. It will help you gain an insight of multiple projects aligned with organizational objectives. The eligibility criteria for the PgMP credential is a bachelor’s degree with 4 years of project and program management experience. If you hold a high school diploma then you will need four years of project management experience along with 7 years of program management experience. PMI credentials often lead to career opportunities and advancement. You will be recognized as a competent professional in project management processes for which you will be deeply appreciated by your employers. PMI serves as an unbiased endorsement of your project management knowledge and experience at a global level. Once you earn a PMI credential (other than CAPM), you also need to fulfill the requirements of the Continuing Certification Requirements (CCR) program. You need to participate in professional development activities on a regular basis to adhere to the CCR program. So, go ahead and become a certified CAPM, PMI-RMP, PMI-SP, PMP or PgMP. It is a step ahead towards enhancing your career and increasing your professional growth. Put yourself in the limelight and maximize your earning potential without any further delay! |
| Feb 02 |
Archive for the 'Project Management Professional Certificate [ PMP ]' CategoryCan I take the PMP® Exam even if my title is not “Project Manager”?Are you wondering if you can take the Project Management Professional (PMP) ® exam or not?
You might have various concerns regarding the PMP exam such as your designation, size of the organization and benefits of PMP certification in career development. Well, then here I am to address some of your concerns and help you develop an in-depth understanding about how the PMP certification can be beneficial for you. YES! You can take the PMP exam even if your title is not project manager. To take the exam you need to have the appropriate authority and responsibility rather than the designation: The PMP certification is a credential for those who lead and direct project teams. A professional with a PMP certification is recognized worldwide to handle projects with diligence and constructive approach. It certifies your expertise in project understanding, time management, risk management, quality control, leadership, budgeting, communication, documentation and integration. All of these skills add value to the organization. If your role in the current organization involves project management and you have proficiency in handling projects and team related issues then you should definitely go for the PMP certification. It provides you with a strong foundation to effectively manage projects. The idea is not to concentrate on the title but on your responsibilities. Even if your title is not anything close to a project manager, as long as your role involves handling different processes of a project you can go ahead with the PMP certification to be a an even more successful project manager.
According to Foote Partners LLC, an IT workforce research company, projects managed by people who are not PMP certified project managers have only 25% success rate in contrast to 75% success rate of projects handled by PMP certified managers. The PMP certification offers immense benefits for you as well as your employer. As a general rule, holders of the PMP certificate have higher salaries, receive more job promotions and better job prospects. A PMP credential gives you the most sought after appreciation and visibility within your organization. Hence, your prospects of growth in your current job and getting a new job increase manifold after being a certified PMP. Employers who hire PMP’s are much more confident about the core competencies of their employees in project management. As a PMP you will be responsible for all aspects of a project such as demonstrating knowledge, understanding and leadership to deliver the project within time constraints, resources, scope and budget. Your role will not only be to lead and direct the project but also oversee project team members. Here is another area where you can see the importance of role over title: On your application for the PMP certification you need to select one of the following roles:
So, you are not really asked for the TITLE, you are actually asked for your ROLE. If your role is not included among the options provided, then select “Other”. Here are some more eligibility criteria for the PMP certification: If you have a bachelor’s degree you must show a minimum of 4500 hours of project management experience or a minimum of 7500 years of experience otherwise. The experience should span across all the five process groups of initiating, planning, executing, monitoring and controlling as well as closing. However, you do not need to have experience in every process group in every project that you have worked on.
You might have joined some projects midway or left some in the middle. All of those projects can be taken into account. However, some experience in all the process groups on any of your projects is required. You also need to complete at least 35 hours of project management education. This is officially called “35 contact hours”. You will be required to put in the start date, end date, name of the course provider as well as name of the training course when filling in the application form. Pretty much any training that relates to the 9 knowledge areas of the PMBOK® Guide qualifies. So does your role meet these criteria? Then go ahead and become a certified PMP! It is a step ahead towards enhancing your career and increasing your professional growth. Put yourself in the limelight, and maximize your earning potential without any further delay! |