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PfMP Portfolio Management Professional (PfMP) Title: Portfolio Management Professional (PfMP) Test Detail: The PfMP (Portfolio Management Professional) certification is offered by the Project Management Institute (PMI) and is designed for professionals who specialize in portfolio management. It validates the knowledge and skills required to manage and align an organization's portfolio of projects and programs with strategic objectives. The PfMP certification demonstrates expertise in portfolio governance, strategic planning, and stakeholder management. Course Outline: The PfMP certification program covers a comprehensive range of subjects related to portfolio management. The course provides participants with a thorough understanding of portfolio management principles, processes, and best practices. The following is a general outline of the key areas covered in the PfMP certification program: 1. Portfolio Management Overview: - Portfolio management definition and concepts - Role of portfolio managers - Portfolio governance and decision-making - Portfolio management processes and frameworks - Organizational and environmental considerations 2. Strategic Alignment: - Strategic planning and alignment - Linking portfolio management to organizational strategy - Benefits realization and value delivery - Portfolio risk management - Portfolio performance measurement and reporting 3. Portfolio Governance: - Portfolio governance framework and structures - Portfolio oversight and steering committees - Portfolio prioritization and selection - Resource management and capacity planning - Stakeholder engagement and communication 4. Portfolio Risk and Change Management: - Risk management in portfolio management - Change management in portfolio management - Portfolio optimization and scenario analysis - Managing portfolio dependencies and interdependencies - Portfolio balancing and trade-off analysis 5. Portfolio Performance and Reporting: - Key performance indicators (KPIs) in portfolio management - Portfolio dashboards and reporting - Portfolio reviews and audits - Portfolio maturity and continuous improvement - Benefits realization and lessons learned Exam Objectives: The PfMP certification test assesses candidates' understanding of portfolio management principles, processes, and practices. The test objectives include, but are not limited to: 1. Demonstrating knowledge of portfolio management concepts and frameworks. 2. Aligning portfolio management with strategic objectives and organizational priorities. 3. Implementing portfolio governance structures and decision-making processes. 4. Managing portfolio risks, change, and resource allocation. 5. Monitoring and measuring portfolio performance and benefits realization. 6. Engaging stakeholders and communicating effectively in portfolio management. Syllabus: The PfMP certification program typically spans a multi-day training course or self-paced online learning modules. The syllabus provides a breakdown of the subjects covered throughout the course, including specific learning objectives and milestones. The syllabus may include the following components: - Introduction to Portfolio Management - Portfolio Management Processes and Frameworks - Strategic Alignment and Value Delivery - Portfolio Governance and Decision-Making - Risk and Change Management in Portfolio Management - Portfolio Performance Measurement and Reporting - Stakeholder Engagement and Communication - test Preparation and Mock Tests - Final PfMP Certification Exam | ||||||||||||||||||||||||||||||||||||||
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Other PMI examsPgMP PgMPPMBOK-5th Project Management 5th Edition PMI-001 Project Management Professional - PMP (PMBOK 6th Edition) CAPM Certified Associate in Project Management (CAPM) - 2023 PMI-100 Certified Associate in Project PMI-200 PMI-Agile Certified Practitioner (PMI-ACP) PMI-ACP PMI Agile Certified Practitioner PMI-RMP PMI Risk Management Professional PMI-SP PMI Scheduling Professional PMP Project Management Professional - PMP (PMBOK 6th Edition) PMP-Bundle PMI-001 PMBOK v5(Video Training, Study Guides, QA) Complete Certification Pack PMI-002 Certified Associate in Project Management (CAPM) PPM-001 Professional in Project Management(PPM) CCE-CCC Certified Cost Consultant / Cost Engineer (AACE International) PMI-PBA PMI Professional in Business Analysis PfMP Portfolio Management Professional (PfMP) | ||||||||||||||||||||||||||||||||||||||
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PfMP Dumps PfMP Braindumps PfMP Real Questions PfMP Practice Test PfMP dumps free PMI PfMP Portfolio Management Professional (PfMP) http://killexams.com/pass4sure/exam-detail/PfMP Question: 90 The interest, influence, and communication needs of business operational stakeholders who are looking to ensure alignment between portfolio components, while minimizing negative impact and maximizing positive benefits of all portfolio-managed changes to their business operations, relate to which type of stakeholders? A . Internal and External Stakeholders B . External Stakeholders C . Does not relate to stakeholders D . Internal Stakeholders Answer: D Question: 91 While Optimizing your portfolio, you need to present to the governance board how your components will be ranked and balanced in a quantifiable way . How will you do this? A . Graphical analytical methods B . Value measurement and scoring C . Scenario Analysis D . Weighted ranking and scoring Answer: D Question: 92 Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently determining the volume of work required to do in order to re-align the portfolio . What are you currently using? A . Change Analysis B . Gap Analysis C . Readiness Assessment D . Stakeholder Analysis Answer: B Question: 93 One of your component managers has submitted his resignation and left the company; a new program manager joins the portfolio replacing him . Which document you use to inform the new program manager about his responsibilities in the portfolio? A . Program Business Case B . Portfolio Roadmap C . Portfolio Management Plan D . Portfolio Charter Answer: C Question: 94 Because of the ongoing and iterative nature of portfolio management, the processes in it are continually repeated as new components are added, and others are completed or terminated. Revisions are constant given complexity, risks, and the rate of change. As you work to optimize the portfolio, it is helpful to: A . Assign components to predefined categories B . Prepare a flowchart C . Organize ideas from stakeholders into logical groupings D . Perform a structure analysis of roles and responsibilities Answer: B Question: 95 Assume you are the portfolio manager for your pork producing company, the market leader in your country. Over time, the industry has recovered from trichinosis as a risk. Your company has added new components to its portfolio, and many have been to demonstrate to the public that its products are safe. It implemented the Agriculture Department’s and Food and Drug Administration’s Hazard Analysis and Critical Control Point (HACCP) regulations and is enhancing its image as ‘the other white meat’. However, now the entire industry is faced with a new epidemic known as porcine epidemic virus, which is affecting pigs in 22 different states, and profits have decreased significantly. New components now must be added to the portfolio. This situation shows: A . Resource re-allocation is required B . Risk management is essential C . The ROI of the new components must be determined D . Portfolio rebalancing has led to the new components being in the top five priority list Answer: B Question: 96 You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. For this you maintain a risk register. The risk register is used throughout the portfolio life cycle in order to track and manage risks. It is continually updated throughout the portfolio life cycle. As a portfolio manager, you know that the risk register includes all of the following except A . Probability Impact Assessment B . List of potential responses C . Updated risk categories D . Person who Identified the risk Answer: D Question: 97 Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is part of project, program and portfolio management and has a different exposure in each and every one. Multiple risks have already been spotted in your portfolio and you are now identifying, assessing and developing risk response plans for them, in addition to monitoring and controlling them . What are you looking for? You were finding this hard at first however you asked the help from a senior portfolio manager and he redirected you to use A . Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization B . Weighted Ranking and scoring techniques, Quantitative & Qualitative Analysis C . Capability & Capacity, Weighted Ranking and scoring techniques, Graphical Analytical methods, Quantitative & Qualitative Analysis D . Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative & Qualitative Analysis Answer: B Question: 98 You are managing a large construction portfolio. Recently, and due to budget cuts, you have been having resources issues on multiple initiatives and has been struggling with maintaining a healthy resource allocations. You are currently analyzing the capability and capacity for scarce machinery resources shared across three major programs in the portfolio . What are you currently applying? A . Finite Capacity planning B . Resource Schedules C . Resource Management Tools D . Resource Smoothing Answer: A Question: 99 In preparing your communications matrix, you identified five communication areas. One is portfolio governance decisions. A communication vehicle for these decisions is: A . E-mails B . Scorecards C . Internal portal D . PMO repository Answer: C Question: 100 You are the CIO of a real estate investment trust (REIT) that invests in apartments and condominiums in more than 50% of the states in your country. Your organization has as its goal to respond to any concerns that arise within 24 hours; for example, you want to make sure Wi-Fi sites are operational if there are any power outages, and people have soft phone service available 24/7. You are a member of the REIT’s Portfolio Review Board, and as a member of the executive team in terms of portfolio risk management, you want to focus on: A . Issues with product support B . Identifying and managing liabilities C . Interaction of component risks D . Inconsistent processes Answer: B For More exams visit https://killexams.com/vendors-exam-list Kill your test at First Attempt....Guaranteed! | ||||||||||||||||||||||||||||||||||||||
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. As a project manager, obtaining a professional certification validates your knowledge and skills. It can also help you stand out to employers and earn a larger salary. In the project management field, the best-known credential is the Project Management Professional (PMP)® certification, offered by the Project Management Institute (PMI). If you’re curious about the difference between PMP vs. PMI certifications, look no further: All PMP certifications come from PMI. However, PMI offers other certification options as well. The best credential for you ultimately depends on your experience level and specialization. This guide outlines the costs, requirements and benefits of earning the PMP and other PMI certifications. Let’s get into it. What Is the PMP Certification?PMI offers the PMP certification, a globally recognized professional credential for project managers. This credential substantiates a project manager’s skills—both soft skills and technical skills—and their understanding of business environments. PMP certification can result in increased salary potential and greater career opportunities. PMP CostThe PMP costs $405 for PMI members and $575 for nonmembers. You have three attempts to pass the certification test within one year, but you may have to pay a reexamination fee. PMP RequirementsThe minimum requirements for the PMP are a high school diploma, 60 months of leading projects and 35 hours of project management education or a certified associate in project management (CAPM) credential. Those with four-year degrees only need 36 months of project management leadership, but 35 hours of education and training or a CAPM certification are still required. In addition to these requirements, you must document your experience and education. To do this, you must gather information about where you worked, your roles and responsibilities and the duration of the projects you worked on. PMP ExamThe PMP test covers three project management domains: people (42% of the exam), process (50%) and business environment (8%). Each is further divided into various tasks as described in the PMP test content outline. The test itself contains 180 multiple-choice, matching, fill-in-the-blank, hot area and multiple-response questions. Test-takers must complete the test in two hours and 50 minutes. Applicants taking the online-proctored test will have two scheduled 10-minute breaks, but the paper-based test does not afford any scheduled breaks. PMP BenefitsThe most direct benefit of obtaining PMI certification is a pay increase. According to a 2021 PMI survey of over 7,000 respondents, PMP-certified project managers globally earned on average 16% more than their non-certified peers. PMPs in the United States made 32% more than their counterparts who were not PMP-certified. PMP certification also validates your knowledge and skills against an international standard. A PMI credential can make you a more attractive candidate to employers, especially compared to noncertified candidates. What are PMI Certifications?Since creating the PMP certification in 1984, PMI has released a multitude of certifications for project and portfolio managers. These credentials are designed according to the International Organization for Standardization 9001 quality standard for management principles. PMI’s project manager certifications are broken down into three tiers based on experience level. The first tier is for beginners with up to three years of experience, the second caters to workers with three or more years of experience and the third tier is for senior-level professionals with eight or more years of experience. Here are the eight PMI certifications covered in this article:
PMI CostsCredentials vary in price, with advanced PMI certifications costing more. For an annual fee of $149, or $32 for students, you can become a PMI member and take your certification test at a discounted rate. PMI membership comes with benefits like tools, job boards and networking opportunities. The cost of each certification test is as follows.
PMI RequirementsEach certification program has education and experience requirements. As you would expect, PMI’s more advanced certifications have more stringent requirements for experience. As for education: the entry-level PMI Project Management Ready program has no prerequisite, and all other certifications require only a high school diploma. In addition, PMI requires varying amounts of formal project management hours: 23 contact hours for the CAPM, 35 for the PMP and 30 to 40 for the professional specializations. You can earn these contact hours through:
There are benefits to earning an associate, bachelor’s or postgraduate degree, especially if you attend a program accredited by the Global Accreditation Center (GAC). For example, if you have a bachelor’s degree, your required project management experience for the PMP certification drops from 60 months to just 36. And if you attended a GAC-accredited program, the requirement drops further to 24 months. PMI ExamsPMI exams contain at least 150 questions, with the exact numbers of questions varying depending on which certification you choose. Each test has a time limit as well. For example:
All PMI exams are available either proctored online (if available) or at a testing center. PMI BenefitsAside from increasing your earning potential, a PMI certification demonstrates to future employers that you are committed to your profession and willing to comply with project management best practices. Moreover, a PMI certification will align your current practices with the most up-to-date industry standards for your own and your organization’s success. Which One Is Right for You?The right certification for you depends on where you’re at in your career and specialization. For entry-level project managers with less than a bachelor’s degree, obtaining the CAPM credential can be a great starting point while you gain education and experience. This credential also familiarizes you with PMI’s application process, evaluation systems and industry-standard practices for future success. The PMP is the most well-known project management credential. A common goal for intermediate project managers is to earn the PMP. However, if you don’t have enough experience and education to qualify for the PMP, the PMI-RMP or PMI-SP may be an option. Both of these certifications require fewer months of project management experience than the PMP. If you are interested in business analysis, the PMI-PBA might be a better bet for you. With advanced experience, earning the PgMP or PfMP credential is the goal. These certifications come with the most stringent requirements, requiring a panel to review your work experience before approving you to take the exam. No matter how small, where it’s located or what industry it serves, every business needs to rely on project management to be successful. Without effective project managers, a company would have difficulty delivering new products and services to customers, growing revenue and meeting other critical business objectives. Besides earning a degree, an aspiring or current project management professional can also enroll in courses and earn certifications in project management to go the extra mile. Knowing which certificates are worth the time, energy and money can be challenging with so many choices. Continue studying to learn about project management certifications and how they could benefit someone looking to increase their knowledge, Strengthen their skills and land a project management position. Jump to: Why earn a project management certification?Project management skills can help job seekers Strengthen their marketability and show potential employers what value they can bring to an organization. Projects are getting more complex and resource intensive, meaning employers need to invest in a solid project manager with expertise and project management skills to get the job done. Project managers are in demand in virtually every industry, from construction to advertising and everything in between. When a hiring manager or recruiter parses through thousands of resumes, those with a project management certification may rank higher, meaning that those candidates would have a higher chance of being hired at an organization. While this isn’t a guarantee, it’s commonly understood that earning this type of certification can increase an applicant’s value and help a project manager get hired faster. A project management certification can also help you command a higher salary: A Project Management Institute survey found that U.S. project managers who earned a Project Management Professional certification reported 32% higher salaries than those who didn’t. While they do require an upfront investment in terms of time and money, for many project managers, getting a certification pays dividends down the road. SEE: Hiring kit: Project manager (TechRepublic Premium) Best project management certificationsFor those interested in receiving a project management certification, it’s worth researching which one will help Strengthen their skills, build their knowledge and potentially advance their career. Below are some of the best project management certifications to consider. PMP certificationIn simple terms, the Project Management Professional certification is the most recognized in the project management industry. It’s considered the “gold standard” for project management and more than 1,200,000 professionals hold a PMP certification worldwide. Top-performing companies like ExxonMobil, Apple, Exelon and SAIC often hire project managers with a PMP certification. Those who earn this certification can typically work in any industry, use any methodology and succeed in various situations. There are helpful online training courses available for professionals who want to sit for the PMP test and earn the certification, but the training courses aren’t included in the cost of the exam. Giving the length and breadth of the exam, studying before is strongly encouraged. PrerequisitesYou must either have a four-year degree and 36 months of experience leading projects within the past eight years or a high school diploma or Associates Degree and 60 months of experience leading projects within the past eight years. You must also have 35 hours of project management education/training or Certified Associate in Project Management certification (CAPM®). Key skills tested
Key differentiators
Duration of examThe test contains 180 questions and has a time limit of 230 minutes. Cost of examThe PMP test costs $405 for members and $575 for nonmembers. CAPM certificationIf you don’t have enough experience to sit for the PMP, the CAPM certification is a more suitable option for those early in their professional project management career. The CAPM certification demonstrates that an entry-level project manager has a strong foundation in project management and can help young professionals become more marketable to potential employers. Before earning the PMP certification, many novice project managers will need to complete training and receive the CAPM certification. Earning the CAPM certification is easier as it has fewer requirements than the PMP, only mandating 23 hours of project management education. PrerequisitesYou must have a secondary degree, such as a high school diploma, GED (general educational development) or global equivalent. You must also have at least 23 contact hours of project management education completed before the exam, which can be fulfilled by taking a course from PMI or another organization. Key skills tested
Key differentiators
Duration of examThe test contains 150 questions and has a time limit of three hours. Cost of examThe CAPM test costs $225 for members and $300 for nonmembers. The test cost is separate from any training courses that you pay for. DOWNLOAD: The TechRepublic project management checklist PRINCE2 Foundation/PRINCE2 Practitioner certificationThe PRINCE2 Foundation and PRINCE2 Practitioner certifications are two other highly sought-after certifications for project managers. Government agencies and organizations often look for candidates with these certifications, which are delivered by AXELOS, a joint venture between the U.K. government and Capita. These certifications can help professionals Strengthen their skills and capabilities. They both focus on managing a project from the start (initiation) to finish (delivery). The PRINCE2 Foundation is a more basic certification and the PRINCE2 Practitioner is more advanced. Many people choose to earn the Foundation certification first and then later go on to get the Practitioner certification. PrerequisitesThere are no prerequisites for the PRINCE2 Foundation test besides completing the accompanying course. In order to take the PRINCE2 Practitioner exam, you must provide proof of a current certification from the following list:
Key skills tested
Key differentiators
Duration of examThe PRINCE2 Foundation test contains 60 questions and lasts 60 minutes. The PRINCE2 Practitioner test contains 68 questions and lasts 150 minutes. Cost of examThe PRINCE2 Foundation course and test starts at $1,116, and the PRINCE2 Practitioner course and test starts at $1,176. This includes the price of the test and access to the virtual training courses and resources for 12 months. IAPM certificationThe Certified Agile Project Manager certification is offered by the International Association of Project Managers. The IAPM recommends enrolling in online Agile courses, studying relevant literature and spending time researching some major topics. Scrum roles, product backlog, team building, conflict management and project environment are some examples of relevant subjects for this certification. This certification is best suited for managers looking to enhance their skills and grow their knowledge, specifically in Agile project management. IAPM provides access to a web learning platform that you can use to prepare for the exam. PrerequisitesYou need to have a basic understanding of Agile, but no specific amount of project experience is required for this certification. Key skills tested
Key differentiators
Duration of examThe IAMP test contains 120 questions and lasts 80 minutes. Cost of examThe cost of the test fluctuates depending on what country you live in and the exchange rates. Right now, it costs about $535 for United States residents. Certified ScrumMaster (CSM)Offered by Scrum Alliance, the Certified ScrumMaster certification is an introductory course designed for professionals leading scrum teams who are looking to learn more about the scrum framework and agile project management methodology. This is one of the most well-regarded scrum certifications, which is why it made both of our lists for the best overall Scrum certifications and the best Agile certifications. Participants must complete a minimum of 14 hours of live virtual training spread across two to four days before sitting for the exam. Those looking for a more advanced scrum certification should check out other offerings from Scrum Alliance, such as the Advanced Certified ScrumMaster and Certified Scrum Professional ScumMaster courses. Scrum Alliance also offers other certifications in product owner and developer tracks. PrerequisitesYou need to have a basic understanding of Scrum, but no specific amount of project experience is required for this certification because the training is included. Key skills tested
Key differentiators
Duration of examThe CSM test contains 50 questions and lasts 60 minutes. Cost of examThe CSM training and test costs between $405 and $695, with additional test sitting costing $25 each. Consider earning a project management certificationWhile there are many other project management certifications out there, these are some of the best options to choose from because they will help project management professionals Strengthen their skills. Earning a certification is a big commitment, but the benefits often outweigh the drawbacks for most project managers. Project management roles are becoming increasingly popular, so it’s important for those interested in them to stand out from the crowd. One way to do this is by earning certification, which allows someone to prove their skills and knowledge to a potential employer. While these certifications may not certain an aspiring or seasoned project manager a job, earning one will be a good step in the right direction to take your career to the next level. Whether you’re just starting out in your project management career or are a seasoned project manager looking to add to your resume, there’s a certification out there to fit your needs. Featured Partners1 monday.commonday.com Work OS is the project management software that helps you and your team plan, execute, and track projects and workflows in one collaborative space. Manage everything from simple to complex projects more efficiently with the help of visual boards, 200+ ready-made templates, clever no-code automations, and easy integrations. In addition, custom dashboards simplify reporting, so you can evaluate your progress and make data-driven decisions. 2 WrikeWrike’s top-notch workflow management software allows you to easily visualize priorities, boost collaboration, and maintain control of your projects. Bonus: you can move seamlessly between apps, without logging in or out. Wrike has more than 400+ integrations with popular platforms such as Google, Dropbox, Microsoft Office, and many more. Automation and AI features strip away time-consuming admin tasks so you can do the best work of your life. 3 Quickbase, Inc.Big ideas aren’t simple to execute. So we’re here to help you tackle any project, no matter how complex. We’re Quickbase. Quickbase helps customers see, connect and control complex projects that reshape our world. Whether it’s raising a skyscraper or coordinating vaccine rollouts, the no-code software platform allows business users to custom fit solutions to the way they work – using information from across the systems they already have. 4 SmartsheetSmartsheet is an online work execution platform empowering organizations of all sizes to plan, manage, automate, and report on work. Over 80,000 brands rely on Smartsheet for project and work management. 5 Resource GuruResource Guru is the fast, flexible way to schedule teams and keep projects on track. Get full visibility of who’s available and who’s overworked, so people and projects succeed in harmony. Assign work, balance workloads, and edit schedules in seconds. Keep your team up-to-date with personal dashboards and daily schedule emails. Analyze utilization rates, clients, and projects for more accurate forecasts and budgets. Trusted by companies including NASA and L’Oreal. Try it free for 30 days! Project Management Professional (PMP) is an industry-recognised certification for project managers. Globally recognised and demanded, the PMP credential demonstrates that you have the experience, education and competency to successfully lead and direct projects. The PMP® certification is renowned throughout the world. Part of that marketability comes from the prestige of PMI® certifications; achieving the globally recognised Project Management Professional (PMP)® certification will provide evidence of an individual’s knowledge, experience and ability to successfully manage a project. Who should attend?The PMP credential recognises demonstrated competence in leading and directing project teams. Experienced project managers should consider this qualification to consolidate their skills and allow them to demonstrate and be recognised as capable project managers. Pre-requisites
You also have to apply to the Project Management Institute (PMI) before you can sit the exam. There’s a strict protocol as they have to authenticate that the above criteria has been met prior to test attendance. How will I benefit?At the conclusion of the course students will:
About the Project Management Professional (PMP)®Please note, this eLearning programme will prepare you to sit the PMP examination which is organised directly with PMI at an additional cost. Description As project management grows in scope, importance and recognition, so do the related career and credential options available to students. RIT K (A.U.K) Training and Development Institute has successfully rolled out the CAPM (Certified Associate in Project Management) and PMP (Project Management Professional) courses. International Project Management Preparatory Training Program is based on the Project Management Body of Knowledge. The processes, tools, inputs and outputs of PMBOK will build the fundament of this training. Project Management Processes are grouped in five process groups and nine knowledge areas: The Project Management Institute (PMI) stands as a global leader in the field of project management. It is well known that PMI certification involves a rigorous, examination-based process that represents the highest quality in professional standards. Therefore, PMI’s professional certification is universally accepted and recognized. Objectives During the 6 day intensive program, participants will learn and apply the practices of project management identified by PMI, in order to manage projects successfully.
Outline The course contains these components:
Audience This professional training benefits many individuals who deal with project coordination, project managers and business analysts, and those who wish to enter into this field of study. The developed knowledge from this training will be beneficial to you throughout your whole life. Schedule Successful delivery of the training requires 48 training contact hours. Since most of the candidates are working professionals, we usually deliver all lectures on Saturday’s. This training model has been proposed in order to allow enough time for participants to study, work in groups and read thoroughly official materials. Lectures are held on Saturday’s 09:00-16:00 at the main building of RIT K (A.U.K). Associated Certifications To be eligible for PMI certifications, participants must first meet specific education and experience requirements and agree to adhere to a code of professional conduct. Certified Associate in Project Management – CAPM ® exam If the participant a less experienced project manager looking to demonstrate their commitment to project management, Strengthen their ability to manage larger projects and earn additional responsibility, and stand out to potential employers, the CAPM certification is right for them. To apply for the CAPM ® exam, participant needs to have:
Project Management Professional – PMP exam The PMP recognizes demonstrated competence in leading and directing project teams. If the participant has some experience in project management and is looking to solidify their skills, wants stand out to employers and maximize their earning potential, the PMP credential is the right choice for them. To apply for the PMP, you need to have either:
For more information on the certifications, please visit www.pmi.org Price: Option 1 (09:00 – 16:00) 650.00 € Purdue University developed its online Project Management Essentials, Project Management Professional (PMP)® test Preparation and Agile courses as a series to help learners effectively plan, orchestrate and control complex projects in their organizations. The courses also help learners prepare to pursue certification from the Project Management Institute (PMI) if they choose. Project Management Essentials is the first step for professionals who seek fundamental knowledge and skills to immediately apply to their projects and advance their careers. It also helps learners earn the educational hours required by PMI for PMP certification. Many of our learners follow up Project Management Essentials with the Agile Certificate Online Course and finally the PMP test Preparation course. This course is an in-depth review designed for experienced project managers who want to gain a firm understanding of PMP test content, identify areas of opportunity for strengthening their grasp of PM principles and develop a comprehensive study plan. The Agile Certificate Online Course can be completed at any point in the series, or as a stand-alone course. It offers a deep dive into the Agile methodology and commonly used frameworks. Learners gain an understanding of cutting-edge practices they can immediately apply to their careers. They also earn the prerequisite contact hours in Agile training required by the PMI and will be prepared to sit for the PMI Agile Certified Professional (PMI-ACP)® or PMP certification exam. Employers worldwide consider PMP certification the industry standard for project managers. As a result, the knowledge, skills and experience required for PMP certification are transferable across industries and continents. In the dynamic landscape of project management, obtaining a Project Management Professional (PMP)® certification is a badge of honour; it opens doors to a multitude of benefits. According to PMI's recent Talent Gap report – the demand for skilled project managers is set to surge, with an estimated 2.3 million positions needing to be filled annually by 2030. Getting PMP certified puts you right in the middle of this demand as an independently certified skilled professional who can command a premium due to their skills and competencies in a discipline brimming with potential. To remain competitive in this evolving ecosystem, companies are focusing on the need for adept problem solvers and relationship builders who can not only drive change but also align projects to realize the business vision of the organization. This demand for project leaders, especially those equipped with power skills, becomes a beacon of opportunity especially in times of turbulence. This is because navigating change and dealing with ambiguous situations demands not only the best technical skills but critical power skills to ensure that, right from the get-go, the brief is understood correctly, and constant course correction is undertaken in line with resources and constraints. Wrap up the year gone by & gear up for 2024 with HT! Click here
The PMI Pulse of the Profession® 2023 report underlines that communication is the linchpin, identified by 68% of respondents as the most critical power skill, closely followed by problem-solving (65%), collaborative leadership (62%), and strategic thinking (58%). Mastering these behaviours, coupled with core technical skills, is one of the many benefits of getting PMP certified. Whether it’s infrastructure – digital, social, or physical - or the IT industry, project management is the key to achieving organizational goals and realizing project benefits. Here are six reasons why aspiring and seasoned project professionals should get ahead by getting PMP certified: 1. Elevated Earning PotentialThe numbers speak volumes – PMP-certified professionals earn, on average, 33% higher salaries than their non-certified counterparts across 21 surveyed countries. According to the thirteenth edition of Earning Power: Project Management Salary Survey, this certification sets you on a trajectory to financial success, making it a wise investment in your career. 2. Global Standard of ExcellenceRegardless of your geographical location – whether you're in the Americas, Europe, Asia, or Africa – the PMP certification is a universally recognized standard for project management professionals. It's not just a certification; it's a global validation of your expertise in leading and directing projects, making you stand out in high-demand roles. 3. In-Demand Certification Across IndustriesThe PMP certification is not industry-specific; it's universally sought after. Organizations globally actively seek PMP-certified individuals and, in some cases, make it a prerequisite for certain roles. This versatility means that you become an asset in any industry, anywhere in the world, and with any project management methodology. 4. Career Flexibility and MarketabilityIn an era of economic uncertainties, the PMP certification provides more than just a career boost – it offers career resilience. Recognized as the gold standard in project management certifications, PMP equips you with a diverse skill set that includes agile and hybrid approaches, Scrum, and wicked problem-solving. It's not just about managing projects; it's about mastering power skills like collaborative leadership, empathy, and communication, making you a well-rounded professional. 5. Variety of Certification OptionsPMI doesn't just stop at PMP – it offers a variety of certifications tailored to different career stages and goals. In addition to the world-renowned PMP certification, PMI provides a suite of options covering diverse methodologies like agile and hybrid approaches. These certifications not only align with industry trends but also ensure professionals stay at the forefront of their careers. So right from the start of your journey with the foundational Certified Associate of Project Management (CAPM)® or advancing with specialized certifications like the Agile Certified Practitioner (PMI-ACP)®, PMI offers a comprehensive range to meet your specific needs and career aspirations. For example, CAPM is a great preparation ground for a professional to pursue a PMP. 6. Recognized Proficiency in Leading ProjectsThe PMP certification isn't just about theoretical knowledge; it's about applying that knowledge to real-world project management experiences. From motivating people and teams to using predictive, agile, and hybrid approaches, PMP validates your ability to lead projects in any industry. This recognition makes you a valuable asset, contributing significantly to the success of your projects and your organization. By connecting you with an accomplished community of achievers, you keep up your learning journey of best practices via multiple interaction opportunities that a PMI member enjoys exclusively. Conclusion: Your Path to Success Begins with PMP CertificationIn conclusion, embarking on the journey to PMP certification is not just a career move; it's a strategic decision to elevate your professional standing, increase your marketability, and unlock a world of opportunities. As a PMP-certified professional, you position yourself as a leader in project management, ready to navigate the complexities of the global job market with confidence and competence. Invest in your future success – get PMP certified today and join the growing tribe of certified project professionals who are powering the progress of humanity one project at a time. For further details, please visit: https://www.pmi.org.in/ Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.
The five-week Purdue Agile Certificate Online Course is a deep dive into the core principles and frameworks of the project management methodology. Developed by subject matter experts in project management and aligned with the Agile Practice Guide of the Project Management Institute, this standalone course equips learners with the latest Agile tools and methods, enhancing their ability to drive project success and Strengthen customer satisfaction. In this asynchronous program, learners view on-demand lecture videos and complete practical assignments that will deepen their understanding of Agile concepts and tools. They’ll have the opportunity to engage with their instructor and peers through discussion boards. The program is supplemented by two key textbooks: Agile Practice Guide from the Project Management Institute and Agile Project Management: 2 Books in 1 by Sam Ryan. Request
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Learners can expect to spend an average of four to five hours each week on assignments, depending on prior knowledge and experience. Most course materials will be provided in Brightspace, but learners are responsible for purchasing their textbooks.
Agile projects have a 64% success rate, compared to a 49% success rate for waterfall.
Zippia, Agile Statistics
Upon completion of the program, learners will be able to:
The Agile Certificate Online Course is advantageous to anyone who manages projects, regardless of industry. Current project managers, those interested in moving into a project management position and individuals who require Agile knowledge in their roles — including business analysts, marketing strategists and software engineers — will all benefit from this program.
After completing this course, some learners go on to pursue their Agile Certified Practitioner (PMI-ACP)® certification through the Project Management Institute (PMI). Others choose to build on their skills with Purdue’s Project Management Essentials and PMP® test Preparation courses, with the goal to sit for the Project Management Professional (PMP)® certification exam.
Learners who are already PMI-ACP certified earn 2.1 continuing education units, which they can apply toward maintaining certification.
One career option for course completers is Scrum master. These individuals are part of a Scrum team working to meet sprint goals and are well versed in Agile methodology and the Scrum approach. The average annual salary for Scrum masters is upwards of $107,000.
Agile methodology is an adaptable type of project management. It has many frameworks for implementation, but at its core, it is about being flexible, collaborative and efficient. Teams work in short cycles, or iterations, to develop small parts of a project over time. This approach allows teams to respond quickly to changes and continuously Strengthen the product based on feedback. Agile works best for projects with shifting requirements and for those where not all requirements are known.
The Purdue Agile Certificate Online Course is an instructor-led program, meaning you’ll benefit from having a subject matter expert available for guidance whenever you have a question or need further examples to aid in your comprehension.
Additionally, the Agile program is a paced program, with assignments due on a weekly basis to keep you on track.
The Project Management Institute (PMI) offers an Agile Certified Practitioner (PMI-ACP)® certification. The PMI-ACP® is the PMI’s fastest-growing certification and demonstrates your mastery of Agile practices and principles to employers. Obtaining this certification can lead to a 33% increase in median salary.
The Purdue Agile Certificate Online Course meets the PMI-ACP® test prerequisite for 21 contact hours of training in Agile practices. Because the course focuses on the PMI’s Agile Project Guide, it also prepares you for the content you will find on the exam.
For more details about how to get Agile certified, including Agile certification cost, visit the PMI website.
Completing the Agile Certificate Online Course is valuable in preparing for the Project Management Professional (PMP)® test through the PMI. According to the PMI, half of the questions on the PMP test focus on Agile or hybrid project management approaches.
Find more answers on our full project management FAQs page, or contact a program advisor at PMonline@purdue.edu or (888) 390-0499.
Rachel Lamb is the designer and instructor for the Agile Certificate Online Course. Both PMP® and Lean Six Sigma Black Belt certified, Rachel’s focus throughout her career has been on process improvement and project management. She is available to assist learners with questions throughout the program. Visit our instructors page to learn more about Rachel.
Register By: February 24 Classes Start: February 26
Meet the growing demand for project leaders and couple your MBA with a project management concentration with the Master of Business Administration in Project Management from Southern New Hampshire University. Learn what it takes to plan, monitor, measure and adapt a project from start to finish, and enroll in a rigorous MBA program that fits right into your life.
A project manager's job is to keep projects and people on track, and the field of project management is growing as more companies move to project team-based business models. Our MBA is all about understanding and optimizing the functions of a business. The project management MBA builds a strong foundation of management skills, and you can apply these skills to leadership roles across a variety of industries, including construction, healthcare, IT development, manufacturing and more.
Students in this program have the opportunity to take QSO-645: Project Management for PMP® Certification, which upon successful completion awards them the 35 hours of project management education required to sit for the Project Management Professional® (PMP) certification exam. It's important to note that instructors of this course have completed the PMI® Authorized Training Partner Train the Trainer – PMP's test prep program. This program equips SNHU faculty with the authority to deliver PMP test prep and training content to PMI’s quality standards.
SNHU’s MBA in Project Management is one of the most affordable MBAs in the nation and can be completed in just over a year.
With an MBA in Project Management online from SNHU, you can develop the skills and experience you need to capitalize on the growing demand for qualified project managers.
PMI® expects the number of project management jobs to skyrocket: It cites that the global economy will need 25 million new project professionals by 2030.1 Earning potential for project management workers is also strong – particularly for workers with the PMP certification. A 2021 PMI survey found that PMP-certified workers earned 32% more than those without certification.1
However, job growth and earning potential for project management careers will vary depending on the career you pursue with your project management MBA.
Understanding the Numbers
When reviewing job growth and salary information, it’s important to remember that real numbers can vary due to many different factors — like years of experience in the role, industry of employment, geographic location, worker skill and economic conditions. Cited projections do not certain real salary or job growth.
The project management MBA offers a unique mix of project management skills and broad-based business knowledge that can help you stand out in this growing field.
“This degree will not only prepare you to carry a project management certification but it provides you the business acumen to put those project skills to work with any industry and any project model environment,” said Gina Cravedi '18, SNHU’s director of student experience operations, an MBA graduate and certified Project Management Professional (PMP).
Not sure you want to work as a project manager? The skills gained in a project management MBA can help you develop key leadership and career skills that enhance any business management position.
Earning an MBA in Project Management gave Dara Edge '15 new tools to support her career. During her time as a social media community manager, Edge managed engagement on her employer's social media channels and worked with teams from across the organization to analyze community engagement data.
Edge said her MBA program helped develop the strong critical analysis and communication skills needed for this role.
Dara Edge '15
“You have the ability to use the degree in so many different ways — whether you want to work in the project management field, work in management, or if you want to learn how to manage projects in general. You’ll always be able to use the skills and knowledge that you’ll learn in the program.”
The MBA in Project Management online combines theory with practical application. You can graduate with a set of tools that complement today's tech-intensive workplace.
In the updated curriculum, you'll engage in scenario-based learning opportunities, allowing you to complete activities and individually graded group work based on solving real-world business problems. This type of learning offers hands-on learning experience in your online classroom that mimics real-world work settings and challenges.
Taught by professors with many years of business experience, your courses will focus on how to lead a project from start to finish – smoothly. You’ll learn how to define the scope of a project, develop a project timeline, and identify costs and resources.
Project management learning will be supported by the MBA core curriculum, which focuses on all aspects of business leadership, including:
Your project management degree courses will focus on the tools, processes and strategies used to successfully hit the goals of any big project.
You’ll learn how factors like scope, time, cost, quality, risk, resources and communication impact a project. You can apply this learning to real-world case studies to gain key decision-making experience. And you’ll get hands-on practice using manual and technology-based tools to start, plan and control projects.
In SNHU's MBA program, you can take advantage of benefits like:
If you’re interested in seeking the PMP certification, you have the option to take QSO-645: Project Management for PMP Certification as part of your MBA program. In this course, you'll explore the professional and social responsibilities of project management. You can also get a deeper understanding of the tools and techniques you can use to plan and manage projects.
This course satisfies the education requirement of 35 hours needed to take the PMP exam. It does not certain certification or passage of the certification exam, but does get you closer to earning this key credential. You must meet all other PMP requirements, including work experience hours, in order to sit for the exam.
No matter what your goals are, an MBA in Project Management offers key leadership and career skills you can use to be successful as a project manager or business leader. These skills include:
As an add-on to your degree with minimal additional courses required, MBA students can also pursue a graduate certificate beyond the standard degree program, including a project management graduate certificate. This allows you to list another significant credential on your resume with minimal additional coursework.
Don't have a business background? No problem. Our MBA is accessible to everyone. Interested students must have a conferred undergraduate degree for acceptance, but it can be in any field. Those without an undergraduate degree in business or a related field may be asked to complete up to 2 foundation courses to get started. These foundations cover essential business skill sets and can be used to satisfy elective requirements for the general-track MBA. With foundations, the maximum length of your online MBA would be 36 credits.
Attend full time or part time. Students in the MBA have the option to enroll full time (at 2 classes per term) or part time (with 1 class per term). Full-time students should be able to complete the program in about 1 year, while part-time students could finish in about 2 years. Our SNHU students are busy, often juggling jobs, family and other obligations, so you may want to work with your academic advisor to identify the course plan that works for you. The good news is, you can switch from full time to part time and back again as often as you want.
Tuition rates for SNHU's online degree programs are among the lowest in the nation. We offer a 25% tuition discount for U.S. service members, both full and part time, and the spouses of those on active duty.
Online Graduate Programs | Per Course | Per Credit Hour | Annual Cost for 15 credits |
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Degree/Certificates | $1,911 | $637 | $9,555Â |
Degree/Certificates (U.S. service members, both full and part time, and the spouses of those on active duty)* |
$1,410 | $470 | $7,050Â |
Tuition rates are subject to change and are reviewed annually.
*Note: students receiving this rate are not eligible for additional discounts.
Additional Costs:
Course Materials ($ varies by course). Foundational courses may be required based on your undergraduate course history, which may result in additional cost.
SNHU has provided additional information for programs that educationally prepare students for professional licensure or certification. Learn more about what that means for your program on our licensure and certification disclosure page.
The Project Management Professional (PMP) is a registered mark of the Project Management Institute, Inc.
The PMI Authorized Training Partner seal is a mark of the Project Management Institute, Inc.
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