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PMI Qualitative Report Reaction to Statements Supporting the Value Proposition

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Title: PMI Qualitative Report Reaction to Statements Supporting the Value Proposition


1
Certification Update
28 January 2007
Presented by Betsy Redden PMP CAPM Examination
Developer Tom Bates, MBA Certifications
Standards Supervisor

2
Worldwide, organizations will embrace, value and
utilize project management and attribute their
success to it. PMI Vision Statement
3
Discussion Points
  • Background on PMI Certification Practices
    Processes
  • PMI Certification Program
  • PMP
  • CAPM
  • PgMPSM
  • Maintaining Your Credential

4
  • Background on PMI
  • Certification Practices and Processes

5
Certification Program Governance
  • Certification Governance Council (CGC)
    re-chartered in 2005 to assume increased
    responsibility for Certification Program
  • An administratively independent body reporting to
    the PMI Board via the Governance Committee
  • Responsible for identifying and supporting
    implementation of strategic objectives as
    specifically related to the Certification Program
  • Representative of credentialed populations

6
Global Practices and Acceptance
  • ISO 9001 certified
  • Certification Department - first of its kind
  • Successfully passed routine audit Q1 06
  • ISO 17024 accreditation
  • Awarded to PMI in 2006
  • ISO is the International Standard Organization, a
    fair, impartial and globally recognised
    accreditation body

7
Role Delineation Study First-ever Regional-based
Study
  • 5 regional focus groups held to gather
    information
  • Web-based survey instrument developed and
    launched globally to validate regional findings
  • A global certification standard that serves as
    the basis for the revised exam
  • New exam questions developed based on current PM
    reference texts and mapped to ensure sufficient
    questions to assure candidate knowledgeable in
    areas identified as necessary for PMPs

8
PMP Examination SpecificationGlobal
Certification Standard
  • Why create an exam specification?
  • Provides percent of questions/domain on exam
  • Used by trainers to guide instructional design
  • Used by students to guide their studies
  • Critical to ensure exam has content validity
  • Content validity does the exam evaluate the
    knowledge or skill required to function as a
    practitioner in the field?

9
PMP Examination Specification
  • Resulted from market research project
  • Establishes the blueprint for exam construction
  • Identify domains, tasks, knowledge and skills
  • Use psychometrically-sound methodologies

10
PMP Examination Specification Examination
Blueprint
11
  • Questions about
  • Certification
  • Practices Processes?

12
Overview PMI Certification Program
13
Data on the Value of Certification PMIs
Executive Survey on Project Management Study
  • Findings from the 2004 survey showed
  • 26 of executives reported using "trained,
    certified project managers" to lead new projects
  • increased to 40 in 2005
  • Findings from the 2005 survey showed
  • 61 of executives consider certifications
    "somewhat useful" or "very useful" in evaluating
    employees' abilities at managing projects

14
Data on the Value of CertificationKPMG Global IT
Project Management Survey (2005)
  • Included "qualified PMs" as a factor that exists
    in organizations with lower project failure
    rates
  • Complete profile of these organizations is
  • Have PMO that manages all projects
  • Report to board on major projects
  • Have formal benefits tracking process
  • Have formally qualified PMs
  • Always perform rigorous risk assessment

15
Interest in the PMP PMP Growth Since 1984
16
Demand for Project Managers
  • PMI performed a global survey of senior corporate
    executives in 2004
  • 73 of these executives currently employ
    professional project managers
  • 92 concur that utilizing professionalproject
    managers is an effective way to ensure success

17
PMI Certifications
  • Project Management Professional (PMP)
  • Global community of over 200,000
  • Certified Associate in Project Management (CAPM)
  • Over 1,500 people worldwide have attained
  • More than 3,500 approved and preparing to sit for
    the exam
  • NEW Program Management Professional (PgMPSM)
  • Developed for practitioners who manage programs
  • Available in 2007
  • OPM3 ProductSuite certification
  • Nearly 30 certified since launch in June 2006
  • For internal and external service providers
    (professionals) who perform assessment and
    consulting services

18
PMIs Certification Program
Program 1 PgMP overseeing
multiple projects
Project 1 PMP and multiple CAPMs
OPM3 ProductSuite Certification
19
Defining Programs and Projects
Projects are temporary, meaning they have a
definite beginning and end, and they are
undertaken to create a unique product, service or
result. Programs a group of related projects
managed in a coordinated way to obtain strategic
benefits and control not available from managing
them individually.
20
Career Path
  • Project management skills are an imperative for
    improving operational performance and customer
    satisfaction.
  • Having a career path is an important part of
    employee retention and it reflects directly on
    the bottom line.
  • Organizations are embracing credentials in their
    professional development and performance
    appraisal processes.

21
Project Management Professional (PMP)
22
Who Can Benefit by Obtaining a PMP Credential?
  • Practitioners who
  • Are responsible for all aspects of the project
    for the life of the project
  • Lead and direct cross-functional teams to deliver
    projects
  • Demonstrate sufficient knowledge and experience
    to apply a methodology to projects

23
PMP Certificants Who Are They?
From the 2005 Member Satisfaction Survey...  
  • 45 work in IT/IS
  • 85 have at least 5 years of project management
    experience
  • 62 are program or project managers

24
PMP Benefits to Project Teams
  • Enhances communications among project peers
  • Makes project team more marketable/viable to
    potential clients
  • Helps organization achieve more accurate
    assessment of the scope of their project needs
  • Time allocated more efficiently assessing needs
    prior to project initiation, less time on
    administration
  • Increases likelihood of projects being
    successfully managed within the triple constraints

25
PMI Salary Survey Compensation Rises With PMP
Source PMIs Project Management Salary Survey
Fourth Edition, for PMP holders based in the US.
26
What are the PMP Eligibility Requirements?
Educational Background Bachelors degree or the
global equivalent AND Project Management
Education 35 contact hours of formal
education AND Project Management
Experience Within the last 8 consecutive years,
4,500 hours or a minimum 36 months, of unique and
non-overlapping project management experience
spent leading and directing project tasks.
Eligibility requirements are different for
candidates who do not hold a bachelors degree or
the global equivalent
27
How Do I Prepare for the PMP Examination?
  • Study the following project management content
    areas
  • Communications Management
  • Cost Management
  • Quality Management
  • Risk Management
  • Human Resources Management
  • Procurement Management
  • Scope Management
  • Integration Management
  • Time Management
  • Become familiar with PMP Examination
    Specification

28
  • Questions about the
  • PMP credential?

29
Certified Associate in Project Management (CAPM)
30
Who Can Benefit by Obtaining a CAPM Credential?
  • Project team members who wish to demonstrate
    their knowledge of project management processes
    and lexicon used by most project managers
  • Project management practitioners seeking to
    advance their careers in project management
  • Qualified undergraduate and graduate students
    with an interest in project management

31
CAPM Certificants Who Are They?
Overall, CAPM certificants can be considered to
have fundamental project management knowledge
  • On average, 5 years of project management
    experience
  • About 20 hold titles of project coordinator,
    functional manager or project engineer

32
CAPM Benefits to Project Teams
  • Allows project team members to speak the same
    language
  • Effective communication can be like a technical
    skill
  • How to write a project plan
  • How to set up a schedule
  • These processes are very different from managing
    a project.
  • Fundamental understanding of project management
    processes (based on the PMBOK Guide ? Third
    Edition)

33
What are the CAPM Eligibility Requirements?
Educational Background Bachelors or Associates
degree or High school diploma, or the global
equivalent AND Option 1 Project Management
Education 23 contact hours of formal
education OR Option 2 Project Management
Experience 1,500 hours of work on a project team
34
How Do I Prepare for the CAPM Examination?
  • A Guide to the Project Management Body of
    Knowledge (PMBOK Guide) Third Edition
  • Prep courses offered by PMI Registered Education
    Providers (R.E.P.s), Component organizations, or
    other trainers
  • University/college academic and continuing
    education programs

35
Project Tasks and Roles
  • CAPM
  • PMP
  • Tasks concentrated in project integration, time,
    scope, and communication management
  • Responsible for leading and directing project
    tasks
  • Responsible for overall project success
  • Responsible for individual project tasks
  • Manages projects to stay within specified scope,
    budget and timeline
  • Heavily involved in project plan execution
  • Some assume full, rather than partial
    responsibility for project tasks
  • Responsible for individual projects

36
  • Questions about the
  • CAPM credential?

37
Program Management Professional (PgMPSM)
38
Program Management Professional (PgMPSM)
  • The role of a program manager is to
  • Coordinate the management of multiple related
    projects
  • Lead and direct constituent project managers
  • Make and implement decisions that accomplish
    strategic objectives

39
Program Management Competence Evaluation
  • 3-step assessment process
  • Review of candidates work experience
  • Multiple-choice exam
  • Multi-rater assessment

40
What are the PgMPEligibility Requirements?
  • Educational Background
  • Bachelors degree or the global equivalent
  • AND
  • Experience
  • Minimum 4 years project management experience,
    and
  • Minimum 4 years program management experience
  • Project and program management experience must
    have been accrued over the last 15 consecutive
    years

Eligibility requirements are different for
candidates who do not hold a bachelors degree or
the global equivalent
41
PgMP Benefits to Project Teams
Individuals who attain the Program Management
Professional credential bring value to PMOs by
  • Aligning multiple projects to optimize
    achievement of program goals
  • Providing a more comprehensive approach to
    resource allocation
  • Increasing support for accomplishment of
    organizational project management maturity

42
Project Tasks and Roles
  • PMP
  • PgMP

43
  • Questions about the
  • PgMP credential?

44
  • Maintaining Your Credential

45
Continuing Certification Requirements (CCR)
  • Rationale
  • Enhance ongoing professional development of
    certificants
  • Encourage and recognize individualized learning
    opportunities
  • Offer a standardized and objective mechanism for
    attaining and recording professional development
    activities
  • Sustain the PMP as a globally recognized
    credential
  • Participation
  • PMPs who wish to renew and maintain their PMP
    Credential

46
How are the requirements met?
  • Participants earn Professional Development Units
    (PDUs)
  • Education, work related activities, and
    volunteerism PDUs
  • PDU Equal to one hour in a structured learning
    activity

47
CCR Renewal Process
  • Renewal application PMP Code of Professional
    Conduct
  • Renewal Fees
  • 60 (US) for members
  • 150 (US) for non-members

48
Thank you for your attendance and participation
  • For more information
  • Certification Program brochure
  • CAPM, PMP and PgMP Handbooks
  • CCR Handbook
  • www.pmi.org follow link to Certification
    Program

49
Any Questions?
Continuing Certification Requirements
(CCR) Contact Tom Bates, Certifications
Standards Supervisor at tom.bates_at_pmi.org
PMP CAPM Contact Betsy Redden, PMP CAPM
Examination Developer at betsy.redden_at_pmi.org
PgMP Contact Elisa Kahn-Ellis Program
Management Examination Developer at
elisa.kahn-ellis_at_pmi.org
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