If you are a project manager and want to sharpen your skills and valuable credentials, then, certification in project management is a great way. It also helps to increase your earning power in the ongoing process.
By continuing your education to leverage your skills besides your ongoing job, getting a project management certification is always a smart choice. Every level of professional development has different levels of certification for project associate.
There are various certifications for individuals who are more advanced in the field of project management or are looking for the management of multiple projects at a time. The process includes entry-level management certificate, specific technique, or vendor types.
Whatever certification you choose whether it could be PMP or PRINCE2, it should always match up the level of your experience, skills, practices, and framework. In the field of project management, every manager wants to get the heights of success as much as possible.
Are you a manager who wants to have the thriving discipline but wandering what all steps to take for the better career option in project management? No need to worry as both are highly reputed certification course and, in this article, we have made that easy for you.
So, this will clear your confusion about choosing the best project management certification. It is not an easy decision to select the particular certification course, but not to worry; here we have the detailed information regarding both PMP and PRINCE2 certificates, its importance, and benefits.
Reading the article will help you to make the right choice.
Key Difference between PMP and PRINCE2
Organically, PMP and PRINCE2 are the certification with two major differences in the field of project management. Both PMP and PRINCE2 provide an approach to manage the project effectively with complete knowledge. Now, choosing one among both involves several factors.
You should choose the one according to your interest and the ideal choice of the company into which you are aiming to pursue your job. Try to figure out the type of project you have a plan for and aim to build a career in that.
Both of the project management certificates have equal quality and value albeit in different aspects. Let’s see the detailed information regarding both of them.
PMP, Project Management Professionals is a high-quality certification course that is widely spread in the world for the project managers. Project Management Institute (PMI) offers a qualification program named PMP.
PMP has become a standard requirement for the project managers as various industries use PMP certification. PMP provides a methodology that would help you to work with confidence in any industry.
This course has a wide spectrum that includes the competencies and techniques necessary for any project manager to cover the project. It also helps to increase the earning potential of an individual. Mainly, this course is popular in the USA but is also well-known in Europe and Asia.
The majority of the project managers are suggested to use the PMBOK guide as a reference for the proficiency of this certification course. The qualification verifies the knowledge of an individual by generally-accepted practices and principles.
Once, the qualification is done, according to the survey, the project managers get 20% more salary than the non-certified peers. For many years the graph of the salary around the world continues to climb.
PMP Certification Benefits
Certain area of knowledge is warranted by PMP that is required to the project manager. The relevant experience and requirements are gained through process and audits by a PMP very strictly. PMI needs to check PMP certification requirements given by the employees to the foundation of high credits.
The passing criteria of the PMP exam are not at all easy. The eligibility of PMP must meet the requirements of PMP aspirants. The main benefit is that the company provides high credits to the PMP certification rather than to other certificates.
PMP has better salary prospects for networking opportunities, value to the employer, and an efficiency in the execution of the project. These all can be the major benefits of PMP.
Projects in Controlled Environment (PRINCE2) is a method which is process-based that will help to make the delivery of the project success based on the different management methods. It includes various processes, steps, and templates that offer a systematic approach.
PRINCE2 Certification always offers that is project-focused and has process. APGM has the administration of PRINCE2 certification in the UK. This certification is in higher demand in the industries in specific geographies.
The PRINCE2 qualification is designed with a high-quality, broad framework of project management principles. It offers its implementation on any kind of project and is highly recommended for the project managers.
In front of project management, PRINCE2 has laid a standardized approach that has a reputation in the industry. How to give the roles and responsibilities to each team member that could easily manage the project is spelled in the training.
Its qualification helps to divide the master project plan into common project plans, stage plans, and team plans. This would make the execution of the project easy and will eliminate the ambiguity.
Benefits of PRINCE2
PRINCE2 is quite famous for its methodology. By having PRINCE2 certification one can come in contact with the industry of information system. There are majorly 5 benefits of PRINCE2 that would clear your confusion about which certificate is best for the project managers.
- Widely Recognised
- Common Vocabulary
- Built for Uncertainty
- Perfect starter for the qualification
All of these benefit a lot to project managers after having the PRINCE2 certification.
If you want to pursue the certification for the better career and you as an experienced project manager, then it is very necessary to have the research done on all the certification course of project management.
You should go through and observe about which certification the industries and companies are in demand. Then, try to walk down onto the one path that is important to you and your career. We would suggest both the certification courses are equally best.
PMP and PRINCE2 certification course have their roles, principles, and responsibilities, but it depends on the project manager of what path he has to select according to his interest.
Various industries prefer PMP certification, while others prefer PRINCE2 certification. PMP has the registered trademarks while PRINCE2 has various foundations.
Thus, it is said that both the certificates are best as both have equal importance and helps in the development of the project manager’s skills and better experience among the professionals.