Nancy Petersen, PMP

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Advance Your Career with the RIGHT PMI
Certification for YOU

• Nancy Petersen, PMP
• Presented at KC PMI Mid-America Chapter of PMI
• chapter meeting on 11/10/08

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(No Transcript)
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Key Objectives

• This session will be a overview and comparison of
  the five PMI certification programs.
• When you leave tonight, you should know
• What are my choices and what do they mean?
• How do I pick what is right for me?
• How will this certification help me when I am
  applying for a job?

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http//www.pmi.org/CareerDevelopment/Pages/AboutPM
IsCredentials.aspx
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Who Should Apply? Those who lead and direct
cross-functional teams to deliver projects within
the constraints of schedule, budget, and
scope. What do PMP Candidates Do? Candidates are
responsible for all aspects of individual
projects for the life of the project.
7,500 hours spent leading and directing project
tasks
4,500 hours spent leading and directing project
tasks
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Who Should Apply? Candidates for the CAPM
credential contribute to projects as a subject
matter expert and team member. They also serve
as a project sponsor, facilitator, liaison or
coordinator. What do CAPM Candidates
Do? Candidates are responsible for individual
project tasks in his or her area of expertise
(e.g., finance, marketing, legal, customer care,
market research, fulfillment processing). The
responsibility does not need to be industry
specific, but must be relevant across many
functional areas and industries.
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Who Should Apply? Project team members with
advanced expertise in project scheduling
management. Note fewer hours of experience
required as compared to the PMP What do PMI-SP
Candidates Do? Candidates are responsible for
creating and maintaining the project schedule.
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Who Should Apply? Project team members with
advanced expertise in project risk
management. Note fewer hours of experience
required as compared to the PMP What do PMI-RMP
Candidates Do? Candidates are responsible for
identifying project risks and preparing
mitigation plans.
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Who Should Apply? Those who manage programs that
contain complex activities that span functions,
organizations, geographic regions and cultures
build credibility, establish rapport and maintain
communication with stakeholders possess advanced
skills in finance, cross-cultural awareness,
leadership, influence, communication, negotiation
and conflict resolution. What do PgMP Candidates
Do? Candidates ensure the ultimate success of the
program modify programs and make decisions that
advance strategic and business objectives define
and initiate projects and assign project
managers and oversee multiple projects.
10,500 hours Pgm mgmt
6,000 hours project mgmt
6,000 hours
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What is Best for YOU?

• What are your career goals? Which certifications
  support these goal?
• How does this certification help in the job
  market?
• Informal www.Monster.com study on 9/19/2008
  with keyword search criteria of PMI
  certifications below, Occupations selectedall 5
  categories of project management, nation-wide
  search.
• CAPM, 38 jobs found job titlesProject
  Controller, Project Manager, Project Specialist,
  Project Lead, Project Coordinator, Project
  Planner, SAP Project Lead, etc. nothing in the
  KC area. (Note that CAPM also stands for Capital
  Asset Pricing Model.)
• PMI-SP, 439 hits but cannot separate PMI from
  PMI-SP.
• PMI-RMP, 436 hits but cannot separate PMI from
  PMI-RMP.
• PMP, 960 hits.
• PgMP, only 9 hits job titlesProgram Manager,
  Project Director, Consultant, Technical Project
  Management, Global PMO Manager, nothing in the KC
  area.
• Project management, over 5,000 hits nationally
  31 hits for KC area (20 mile radius).
• Program management 2,356 hits nationally 15
  hits for KC area (20 mile radius).

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What is Best for YOU?

• No college degree or still an undergraduate
  student?
• CAPM is highly possible IF the applicant can show
  1,500 hours of project team member experience or
  23 hours PM education.
• Other certifications may be a stretch if no PM
  experience.
• College graduate?
• Any certification dependent upon number of
  years/hours of experience and education
  requirement.
• Strategyobtain CAPM and then obtain one of the
  remaining certifications as experience and
  education increase.
• Cost?
• CAPM fee is lowest (225), next PMP (405), next
  either the PMI-SP or PMI-RMP (520), and most
  expensive is the PgMP at 1,500. (Note these
  prices apply to PMI members.
• Is there a required progression?
• No, Actually the certifications are independent
  of each other with exception of the CAPM which
  might be a predecessor to obtaining another PMI
  certification.

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FAQS

• What qualifies as project management education?
• PMI registered education provider
• PMI Component Organizations
• Courses offered by PMI R.E.P.s PMI Components
  (chapters, specific interest groups, colleges),
  or PMI, are pre-approved for contact hours in
  fulfillment of the educational eligibility
  requirement.
• Employer/company-sponsored programs
• Training companies or consultants
• Distance-learning companies, including an
  end-of-course assessment
• University/college academic and continuing
  education programs
• PMI Chapter meetingsIF at least one hour of the
  meeting is spent conducting a learning activity,
  the hour(s) spent in that activity can be
  counted.
• What does NOT qualify as project management
  education?
• PMI Chapter meetingsthat do NOT contain at least
  one hour of a learning activity.
• Self-study (e.g., reading books)
• You cannot document a degree program in its
  entirety although you may be able to document
  applicable classes.

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FAQs

• Will my company pay for exam preparation classes
  and/or other project management coursework that
  meets the definition of project management
  education as defined by PMI?
• STOPthere is no one answer!
• Company tuition reimbursement benefitsThese
  plans normally require that the provider be an
  accredited college or university in pursuit of a
  degree. PMI and KC Mid-America chapter are NOT
  accredited and therefore will probably NOT
  qualify for the tuition reimbursement benefit.
  Check with your HR department to obtain the
  correct interpretation of your benefit.
• Training expenseSome companies provide budgeted
  funds for each employee to spend on training.
  Ask your management FIRST before assuming that
  you will be reimbursed.
• Pay your own wayremember this is all about
  managing YOUR career!

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FAQS

• What do I study for each of the certification
  examinations? Reference for each Certification
• General notePMI global would not release the
  pass/fail score for any of the examinations.
• CAPMA Guide to the Project Management Body of
  Knowledge (PMBOK Guide)Third Edition and other
  current project management sources.
• The CAPM exam takes questions from all chapters.
• 150 questions includes 15 pre-test (unscored).
• PMI-SPPMBOK and other current project scheduling
  sources.
• Questions in area of Schedule Mission Statement,
  Schedule Creation, Schedule Maintenance, Schedule
  Analysis, Schedule Communication/Reporting.
• 170 questions includes 20 pre-test (unscored)
  pass/fail to be determined.
• PMI-RMP Project and Program Risk Management A
  Guide to Managing Project Risks and Opportunities
  (PM Handbooks) and other current risk management
  sources.
• Questions in area of Risk Communication, Risk
  Analysis, Risk Response Planning, Risk
  Governance.
• 170 questions includes 20 pre-test (unscored)
  pass/fail to be determined.

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FAQS

• What do I study for each of the certification
  examinations? Reference for each
  Certification--continued
• PMPA Guide to the Project Management Body of
  Knowledge (PMBOK Guide)Third Edition and other
  current project management sources.
• The PMP exam takes questions from all chapters.
• 200 questions includes 25 pre-test (unscored).
• PgPMThe Standard for Project Management by
  Project Management Institute and other current
  program management sources.
• Evaluation 1 Application Review The initial
  evaluation occurs through an extensive
  application review during which a panel of
  program managers will perform a review of your
  professional project and program management
  experience. (Takes a minimum of 10 days for
  response to application.)
• Evaluation 2 Multiple-Choice Examination
  Multiple-choice examination in which you are
  called upon to demonstrate your ability to apply
  your knowledge to both situational and
  scenario-based questions.
• 170 questions includes 20 pre-test (unscored).
• Evaluation 3 Multi-rater Assessment (MRA)
  Once you pass the examination, you will be moved
  to the final evaluation. Similar to a 360-degree
  review process, a team of raters that you select
  will assess your abilities to perform tasks that
  are pertinent to program management.

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FAQS

• How is classroom instruction counted towards the
  education requirement for each certification?
• One hour (60 minutes) of classroom instruction
  equals one contact hour. If you have completed a
  university or college course on any project area
  as specified for each certification that met
  for three hours per week for 15 weeks, you would
  document 45 contact hours. If only a portion of
  a course dealt with the project area as
  specified for each certification, only the hours
  spent on the project area needed for your
  certification can be applied toward the total.

• When was each credential launched how many
  awarded certifiction?
• CAPM launched in 2003 5,708 credential holders.
• PMP launched in 1984 295,413 credential holders.
• PMI-SP launched March 2008 99 credential holders
  since September.
• PMI-RMP launched June 2008 21 candidates first
  certifications to be awarded in December.
• PgPM launched Oct. 2007 118 credential holders.

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Closing

• Please refer to the Credential Handbook for each
  certification. These handbooks can be found at
  http//www.pmi.org/CareerDevelopment/Pages/Obtaini
  ng-Credential.aspx
• Read the FAQs at http//www.pmi.org/CareerDevelop
  ment/Pages/Certification-FAQ.aspx
• Ask a question at customercare_at_pmi.org
• Thanks for your attention and participation.

Disclaimer None of the material presented in
this deck is necessarily representing the
opinions or practices of Sprint.
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About the Speaker

• Nancy Petersen, PMP, has been an active member of
  the KC Mid-America Chapter of PMI since 2000 and
  has held several volunteer and Board positions
  for the chapter. She was the first VP of
  Volunteers in 2006 and initiated that program, VP
  of Administration in 2007, and currently the
  Director of Student Membership.
• Nancy earned her PMP in January 2005 after
  participating in and leading PMP study groups
  over a four year period. She understands that
  the decision to spend the time and invest money
  to prepare for and take the examination is a
  serious step and can only be justified by each
  individual based upon their own career goals.
• By day Nancy is a Project/Program Manager SME
  at Sprint in the HR PMO, following six years as
  project and program manager for the IT
  organization. She has worked for other major
  companies in the Kansas City area as well as
  operating her own consulting business, Allegro.
• By night Nancy enjoys several hobbies as well
  as her volunteer work for the chapter. Most
  recently she donated three small mosaic items
  for auction by the Greater Kansas City Humane
  Society and collectively they raised 375!