This article hopes to explore the most important PMI certifications and analyze their prices, requirements, and exam outlines.
We shall also cover the necessary information regarding the maintenance of these certifications after attaining them.
What Is A PMI Certification?
The primary aim of any PMI Certification is to teach various project management practices to aspiring professionals and make it possible for them to work with any project methodology, in any industry, across the globe.
PMI certifications are designed to ensure that professionals meet the demands of projects in various organizations across industries.
They are developed by practitioners and are based on ongoing research and real-world needs of organizations. These certifications are curated by the Project Management Institute (PMI), a global, nonprofit, professional organization that sets standards for project management skills.
Recruiters look for PMI-certified professionals to ensure that they have the necessary skill set and business demand.
In addition to certifications, PMI also provides career training, project management courses, and educational resources for project management professionals and maintains research programs to introduce scientific and practical abilities. PMI certifications with substantial IT components very popular within the industry.
Apart from this, PMI certifications are extremely valuable to businesses when it comes to the need for error-free implementations and compliance with IT standards for the projects. Enterprises are better off hiring professionals with a PMP or Agile certification to satisfy these organizational needs.
6 Best PMI Certifications For 2023
Project Management Professional (PMP)
The Project Management Professional certification is the most renowned and esteemed international certification and sets the global standards in project management practices and skills.
The certification exam involves an all-encompassing test of the PMI’s Project Management Book Of Knowledge (PMBOK).
It focuses on managing the three crucial project constraints in a project, namely, time, cost, and scope.
This course trains the candidate to handle the various processes like planning, scheduling, controlling and monitoring, that are involved in optimally managing an entire project.
PMP offers credibility to your skills and knowledge and is valued in all recruitment processes. This makes it one of the most challenging project management certifications provided.
In terms of the prerequisite experience and application process, the standards are set pretty high, and the training program and examination require a great deal of preparation and commitment.
Certified Associate In Project Management (CAPM)
Suppose your work experience as a project manager does not qualify you for applying for your PMP certification. In that case, the Certified Associate in Project Management (CAPM) is an entry-level PMI certification that validates a candidate’s understanding of the fundamental concepts, terminology, and practices involved in effective project management.
The CAPM certification application requires less than a year’s experience in project management or just 23 hours of training.
Program Management Professional (PgMP)
The Program Management Professional (PgMP) trains program managers to manage multiple projects simultaneously and meet their respective business objectives.
It provides credibility to a professional’s advanced experience, skill, and his/her ability to manage multiple related projects.
PgMP certified professionals are capable of supervising complex processes involved in a program across organizations. The program manager’s job is to group several related projects so that he is more efficient than those managing a single project.
Risk Management Professional (PMI-RMP)
The PMI’s Risk Management Professional (PMI-RMP) certification trains and validates a professional’s risk management skills such as risk identification, assessment, and control.
This course enables you with the knowledge and skills required to assess the risk velocity and figure out the route to mitigate it through a prior strategy.
PMI offers this certification in response to the need for risk managers across industries who have a comprehensive understanding of all the components of risk management, such as planning, identification, quantification, response planning, monitoring, and controlling risks.
Professional In Business Analysis (PMI-PBA)
PMI-PBA certification is a popular certification in the field of business analysis and project management. With the growth in online traffic, business analysis has become a vital part of any project.
It trains and validates a professional’s capability to work with teams and manage project requirements, boost product development and perform business analysis in addition to their project manager duties.
Agile Certified Practitioner (PMI-ACP)
The PMI Agile Certified Practitioner validates your understanding of Agile principles and Agile techniques. With the current popularity of Agile practices, several organizations are adopting this development methodology, causing the demand for professionals in this domain to increase exponentially over the past few years.
There is a high demand for Project Managers capable of implementing these Agile techniques and have experience working on the Agile front.
Conclusion
Obtaining a PMI certification is a huge asset for career growth in today’s highly competitive world.
With the rise in the number of businesses on a constant lookout for strategies to optimize time and resources, project managers who can meet deadlines, obtain expected outcomes and stick to the client’s budget are the driving force that holds the team together.
