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Project Management Credentials
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Project Management Credentials



Executive Summary of Project Management Credentials offered by PMI. January 2013

Executive Summary of Project Management Credentials offered by PMI. January 2013



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Project Management Credentials Project Management Credentials Presentation Transcript

  • By Project Management Institute (PMI®) January 2013 Developed by David Khaw, PMP For Malaysia Only
  •  Who is PMI®? What is PMBOK®? PMI® Credentials ◦ PMI-SP® ◦ PMI-RMP® ◦ PMI-ACP® ◦ CAPM® ◦ PMP® ◦ PgMP® Maintaining PMI® Credentials What is the Benefit for Business Development? What is the Benefit for Career Development? Malaysia Public Funding for Training & Examination
  • With members in 180 countries, PMI® is theleading membership association for the projectmanagement profession and the largestassociation dedicated to project managementin the world. As the leading advocate for theprofession, PMI® is actively engaged in settingprofessional standards, providing aprofessional career path for project managersand maintaining a family of professionalcredentials.
  •  Code of Ethics ◦ Respect ◦ Responsible ◦ Fairness ◦ Honest Member Fee – USD 129.00 per annum PMIMY Member Fee – USD 20.00 per annum PMI® Website: http://www.pmi.org PMIMY (Malaysia Chapter) Website: http://www.pmimy.org
  • Project Management Body of Knowledge(PMBOK®) is standard guideline produced byPMI® for Project Management.PMBOK® Guide is approved by AmericanNational Standards Institute (ANSI) and alignedwith International Organization forStandardization (ISO) / ISO21500:2012.PMBOK® Guide is complementary withAgile, Waterfall and PRINCE2 Methodology.
  •  Current Edition – Fifth (Release January 2013) Previous Edition – Fourth (Release 2008) Life Cycle Group – 5 (Initial, Plan, Execute, Monitor & Control, and Close) 10 Knowledge Areas – (Integration, Scope, Time, Cost, Quality, HR, C ommunication, Risk, Procurement and Stakeholder) 47 Processes including Tools and Techniques
  •  PMBOK® extended it version to Construction and Government (in separate guides). PMI® also developed and releasing PMBOK® extension version to Software in January 2013. PMI® also produced The Standard for Program Management and The Standard for Portfolio Management in Third Edition in January 2013.
  •  PMI-SP® - PMI® Scheduling Professional PMI-RMP® - PMI® Risk Management Professional PMI-ACP® - PMI® Agile Certified Practitioner CAPM® - Certified Associate in Project Management PMP® - Project Management Professional PgMP® - Program Management Professional
  • The credential recognizes demonstratedknowledge and expertise in the specializedarea of developing and maintaining the projectschedule. Project team members with specialized expertise in project scheduling High School + 30hrs Education + 5,000hrs of Scheduling Experience, or Degree + 30hrs Education + 3,500hrs of Scheduling Experience
  • The credential recognizes demonstratedknowledge and expertise in the specializedarea of assessing and identifying project risksalong with plans to mitigate threats andcapitalize on opportunities. Project team members with specialized expertise in project risk management High School + 30hrs Education + 4,500hrs Experience, or Degree + 30hrs Education + 3,000hrs Experience
  • The credential recognizes demonstrated Agileknowledge, principles and practices on basicprojects. Project team members with specialized expertise in Agile Project Management High School + 2,000hrs Project Experience + 1,500hrs Agile Experience + 21hrs Education
  • The credential recognizes a demonstratedunderstanding of the fundamentalknowledge, processes and terminology asdefined in the PMBOK® Guide that are neededfor effective project management performance. Project team members who provide SME, Project Sponsor, Facilitators, Liaisons or coordinators High School + 23hrs Education or 1,500hrs Experience
  • The credential recognizes a demonstratedunderstanding of knowledge and skill to leadand direct project teams to deliver resultswithin the constraints of budget, time andscope. Person who responsible, lead and/or direct all aspects of a project for the life of a project High School + 35hrs Education + 7,500hrs Experience, or Degree + 35hrs Education + 4,500hrs Experience
  • The credential recognizes demonstratedexperience, skill, and performance in oversight ofmultiple, related projects that are aligned withorganizational objectives. Person who manage programs, build credibility, establish rapport, maintain communication, posses advanced skills in management High School + 15yrs working experience + 6,000hrs Project experience, 10,500hrs Program experience Degree + 15yrs working experience + 6,000hrs Project experience + 6,000hrs Program experience
  • Credential Examination UpdatedPMP® 31 July 2013CAPM® 1 July 2013PMI-SP® 31 August 2013PMI-RMP® 31 August 2013PgMP® 31 July 2013http://www.pmi.org/GLOBALS/StandardsUpdate.aspx
  • PMI-SP® PMI-RMP® PMI-ACP®CERTIFICATION 3 Years 3 Years 3 YearsCYCLEPDU (Personal *30 in *30 in *30 inDevelopment specialized area specialized area specialized areaUnit) in Project in Project Risk in Agile Project Scheduling Management Management * Renew Fee Applicable.
  • CAPM® PMP® PgMP®CERTIFICATION 5 Years 3 Years 3 YearsCYCLEPDU (Personal None *60 *60Development Re-Exam at theUnit) end of cycle * Renew Fee Applicable.
  •  International Recognized Standard (Alignment of ANSI and ISO21500:2012) Standardization and Simplification Project Management Policies, Guidelines and Templates Client Demand for Certified Project Managers Regulation Requirement Establish Credibility Open doors for New Clients (Public Listed, Governments, MNC, International, etc.)
  • Skilled project practitioners are in demand aroundthe world. A globally recognized projectmanagement credential shows employers that theperson have the knowledge, experience, andeducation to effectively contribute to project teamsuccess.Certification is an important step in careerdevelopment and recognizes qualified andcompetent individuals.An important investment in the career that canincrease job stability, expand the earning potentialand help to stand out to employers.
  •  MDEC MyProCert ◦ Offer to all Malaysians who qualified for the exam ◦ Training valid at PMI® authorized training center ◦ RM2,500.00 (Including Training and Exam) per participant ◦ Offer to those who pass the exam only PSMB (HRDF) ◦ Available for company that participate in PSMB Scheme
  •  Project Management Institute (PMI®) ◦ http://www.pmi.org Project Management Institute Malaysia Chapter (PMIMY) ◦ http://www.pmimy.org Comparison of PMBOK® and ISO21500 ◦ http://www.sts.ch/documents/english/Doc_7037E_Com paring_PMBOK_and_ISO_v1-1.pdf MDEC MyProCert – PMP® ◦ http://kdi.mscmalaysia.my/FCKeditor/UserFiles/File/SRI %202013/MyProCert%20-%20PMP_ak.pdf Human Resource Development Fund ◦ http://www.hrdf.com.my