Is the Project Management Professional (PMP) certification worth it?

Is the Project Management Professional (PMP) certification worth it?

A recent PwC survey states that certified PMP project managers handle more than three fourth of the high performing projects. Also, companies with more than one-third PMP certified managers have much better project success than companies which do not. What's more? PMP is the fifth highest-paying certification in the year 2016.

Benefits of doing a PMP certification

1. Adds value to the resume

There are several professional certifications that you can pursue throughout your career. But, among all of those, PMP certification is the most valuable certificate programme. Hence, they tend to prioritize profiles with PMP certification over those which do not have such certification.

Project management jobs are high in demand. So, in most cases, several people apply for these jobs. It is time and resource consuming for the company to interview and assess the potential of all the applicants. As such, they like to filter out as many people as possible before the project management interview process. This is where the PMP certification proves beneficial as it is one of the most objective ways in which one can shortlist the candidates.

Furthermore, many companies are making it mandatory to have a PMP certification. It means you cannot even apply for some positions without these credentials.

PMP certification can also be extremely valuable if you plan to advance in the current company you are working at. It puts you way ahead of your colleagues in terms of moving up the career ladder. Also, a certified manager can do much better in a grueling project management interview than a non-certified one.

2. Provides Industry recognition

PMP is global and works with any industry and in any location. So, regardless of the professional background and industry, you can gain by adding the certification to your resume.

If you are just starting out your career in project management, then PMP certification will make up for the lack of experience. Say you are experienced and have a proven track record of your work. Then PMBOK certification can take you to the next level in your company.

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10 Essential Project Management Skills

1. Leadership

We have to start with the big daddy of them all – leadership. It’s a bit of a slippery skill in that some believe you’re born with leadership skills and that they can’t be taught. But we think everyone has the potential to learn how to apply proven leadership skills and techniques. After all, what’s the alternative? As a project manager you’re responsible not only for seeing the project through to a successful completion, but you’re leading a team to achieve that goal. This requires you to motivate and mediate when necessary. Remember that project leadership comes in different styles, one of which will suit your personality. It’s more than managing tasks; it’s managing people.

2. Communication

Communications really go hand-in-glove with leadership. You can’t be an effective leader if you’re not able to articulate what it is you need your team to do. But you’re not only going to be communicating with your team, you’ll need to have clear communications with everyone associated with the project, from vendors and contractors to stakeholders and customers. Whether that’s through reporting tools or fostering collaboration with chat, file sharing, and other means to tag discussions at the task level, you’re going to need both systems in place to facilitate communications. These tools also help connect people one-to-one and in group settings, such as meetings and presentations.

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(RADIO INTERVIEW TRANSCRIPT) IMPORTANCE OF CERTIFICATION PROGRAMS TO YOUR CAREER

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Radio Presenter: Good morning. Today we are going to be discussing Importance of Certification in Career Development.

With us are Mary Adebusoye, she’s the General Manager of Ciel Consulting. Also with us is Obalim Esedebe - Senior Consultant of Ciel Consulting. Ciel Consulting is a Globally recognised training and certifications firm, with portfolios covering training, certifications, and consulting in Project Management, Business Analysis, Safety Courses, HR courses and IT Courses like ITIL, CEH and CISSP..

(Turns to the Ciel Team and asks)

So Mr. Obalim, I hear a lot about professional training and certifications. The trend and enthusiasm about these training have been on the increase in the last 5 years. Why the mad rush? What exactly is the value of these training and certifications? Why should I invest my time, effort and perhaps effort to get these certifications?

Obalim: Firstly, you would agree with me that having an ordinary university degree is never enough in today’s competitive world. In your career, you’ll be in stiff competition with people with advanced degrees, certifications and even foreign degrees of all sorts. The question is “what “extra” do you have to give you the advantage in your career?

When you consider the opportunities the world offers the certified professional, you’ll understand why a lot of people go for these certification programs. Firstly, there’s the income advantage. Certified professionals earn 20 - 25% on average more than their peers in the same industry. Then there’s more employment and promotion opportunities, not to talk about job security. You get to execute your work more effectively and efficiently, and become more noticeable to management. Then there’s international/global recognition for your certification, anywhere in the world. This would come in handy if you decide to relocate or migrate to any country of the world.

Radio Presenter: You raised a very important point. Speaking about global recognition and migration - I know a number of people who traveled to the US or Canada and had difficulty getting good jobs. Would you say not having a certification caused this prolonged period of difficulty?

Mary: Honestly, you cannot totally remove that factor. It’s unfortunate that our university degrees in Nigeria are not globally recognized. According to the 2019 Times Higher Education World University Rankings, there’s no local Nigerian university in the list of the top 600 universities in the world. This means that holding our degrees translate into more difficulty securing good jobs overseas. So basically, it would be to your advantage to have a certificate, academic or professional, that is globally recognized. Anywhere in the world, if you hold a PMP, or a CBAP, or a PHRI, professionals in that field instantly recognize you. The international labour market instantly recognizes you. These professional bodies have networking communities that can form the foundation for your networking activities. What’s there to lose? And we’ve not even started talking about the “Hot Cake” factor.

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Radio Presenter: The “Hot Cake” factor? What’s that?

Obalim: There are numbers of awesome certification programs that pay wonderfully well in Canada and other Western countries. Business Analysts for instance earn between 80, 281 to 136, 400 Canadian dollars a year. Certified HR Managers earn as high as 130 000 Canadian dollars. They earn this much because these certifications - like business analysis, project management, human resources management and a number of these IT courses are very much in demand, owing to the nature of the business environment there. In fact, in the last 3 years, when we looked at data from our training programs, about 73% of training and certification participants were doing it, because they had plans or arrangements to relocate overseas. So a certification becomes a plus factor, and added attractiveness factor on their profiles.

Radio Presenter: Oh I see. So tell me; if I want to take a certification program, why should I come for Ciel Consulting. What is it I’d get from you that I can’t get from the numerous consulting outfits scattered around Lagos?

Mary: Firstly, our training and certification package is full and considers the end-to-end needs of our clients/participants. Yes, we provide training, but that’s just a small part of the package. And then you receive first-rate examination preparation materials (totaling about N60000 in value), you get to learn introductory Primavera, Project and Visio on the last day, depending on the program you applied for, you get a study program to maximize your study for the exam, and then exam preparation tests or boot-camp where we introduce you to as much past questions from the PMP/BA so that you are familiar with exam scenarios, and we also help with examination registration, career advice and CV rewrite.

Radio Presenter: Wait a minute. All of this is in one package?

Obalim: Yes. And there’s the added promise that if you come in for our classes and you’re not satisfied with what you get, we will give you a 100% refund of your money. That’s guaranteed!!!

Radio Presenter: Wonderful...so how much does this package go for?

Obalim: It goes for only N69, 999 - the classes, the materials, including and examination preparation book, the career consulting, CV rewrite, examination registration, study program, Primavera, MS Project. For the Project Management package, it’s N69, 999. There’s also a package for Business Analysis, HRM, HSE, Facility Management and so forth. All of these can be accessed on our website, www. Cielgr.com, or you could call our helplines: 08091592389, or 08072678355.

Watch out for This Weeks Edition, Thursday 28th March. Thanks for listening in.

What is a Work Breakdown Structure?

The Work Breakdown Structure (WBS) is often seen as the foundation of the project. Why is this so? This is because the Work Breakdown Structure reflects the entire scope baseline of the project, such that deliverable not incorporated into the WBS will not be part of the project.

What then is the WBS?

The WBS is a deliverable-oriented, functional decomposition of the project scope of work into hierarchically grouped work elements. The WBS shows the breakdown of work components (deliverable) into hierarchical levels resembling an organisational chart, but don’t be confused; it is NOT an organisational chart.

It serves a much different function from an organisational chart.

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