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Benefits of PMICertification
Presented byJ. Zachary Bedford
MacDonald-Bedford LLC
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Presentation Background
Source…Ron Hanchar, MBA
Director, CertificationProject Management Institute
Presented by…J. Zachary BedfordPMP #921, 1992
20 Year member of PMIProject Management Trainer & Practitioner
Small Business (SDVOSB) Owner
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Agenda
Who values certification?
PMI Credentials
PMP®
CAPM®
PgMPSM
What’s New?
Maintaining Your Credential
Q&A
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PMI Vision Statement
Worldwide, organizations will embrace,value and utilize project management andattribute their success to it.
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PMI Specific Interest Groups.
Aerospace &Defense
Automation Systems Automotive
Consulting Design-Procurement-Construction DiversityeBusiness Education & Training Financial ServiceGovernment Healthcare Project Management Human ResourcesInformation
SystemsInformation Technology &
TelecommunicationInternational
DevelopmentManufacturing Marketing & Sales MetricsNew Product
DevelopmentOil, Gas & Petrochemical Pharmaceutical
ProgramManagement
Quality in Project Management Retail
Risk Management Service & Outsourcing Students of PMTroubled Projects Utility Women in Project
Management
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Who Values Certification?
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Project managementimproves:
EfficiencyBudgetTiming
More organizationsadopting commonmethodologyMore organizationshiring credentialedproject managers
0
5
10
15
20
25
30
2003 2004 2005 2006
Companies RequiringCompanies RequiringPMI CertificationPMI Certification
Organizations Recognize the Value
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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CAPABILITY MATURITY MODEL (CMM)
INITIAL
Unpredictable &poorlycoordinated
REPEATABLE
Can repeatpreviouslymastered tasks
1.Ad HocChaotic
2.BasicMgmt
DEFINED
Characterized,fairly wellunderstood
3.ProcessDefinition
4.ProcessMeasures
MANAGED
Processmeasured &controlled
5.ProcessControl
OPTIMIZING
Focus onprocessimprovement
This is the hardeststep in the journey.
Higher probability thatdeveloper will achieveconsistently improvedproject results
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Data on the Value of Certification
“Qualified PMs" as a factor in “organizationswith 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
Source: KPMG Global IT Project Management Survey (2005)
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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14% Membership29% PMPs
11% CAPMs
70% Membership59% PMPs
68% CAPMs
4% Membership3% PMPs
1% CAPMs
11% Membership9% PMPs
20% CAPMs
Your PMI Colleagues Around the Globe
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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250K
199810K
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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TRENDS IN CERTIFICATION
84 85 86 87 88 89 90 91 92
PMPs
0100200300400500600700800900
1000
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PMI’s Commitment to the Profession
• Credentials that are globally recognized andaccepted
• Rigorous certification process
• Growing population of professionals with PMIcredentials
• Greater PM awareness at executive levels
• Development of a PM career path
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Profile of PMI’s Global Credentials
Project Management Professional(PMP®)Global community of over 247,000
Certified Associate in Project Management(CAPM®)
Over 3,000 people worldwide have attainedLaunched 3 years ago
NEW – Program Management Professional(PgMPSM)
Developed for practitioners who manage programsLaunched 1 October 2007
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Certification Program Governance
PMI Certification Governance Council (CGC)oversees credential committees
An administratively independent body reporting tothe PMI Board via the Governance Committee
Responsible for identifying and supportingimplementation of strategic objectives asspecifically related to the Certification Program
Representative of credentialed populations
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Global Practices and Acceptance
ISO 9001 accreditation
Granted through ANSI*
For quality management systems
PMI passed routine audit in 2005
Surveillance audit scheduled for Q4 2007
*American National Standards Institute
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The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Global Practices and Acceptance
ISO 17024 accreditation
Rigorous requirements for developing andadministrating certification programs forcertifying personnel
PMP initial accreditation Q3 2006
PMP surveillance audit scheduled for Q4 2007
PgMP Initial audit scheduled for Q4 2007
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The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PMI’s Family of Credentials
Project = 1 PMPholder and multipleCAPM holders
Project = 1 PMPholder and multipleCAPM holders
Program = 1 PgMPoverseeing multiple projects
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Project Tasks and Roles
CAPM PMP PgMPContributes to projectintegration, time,scope andcommunication
Manages projects tostay within specifiedscope, budget andtimeline
Coordinates projectsaligned toorganizationalObjectives
Responsible forindividual projecttasks
Responsible forindividual projects
Modifies programs tomore effectivelyachieve objectives
Involved in projectplan execution
Responsible forleading and directingproject tasks
Makes decisions thatadvance strategicobjectives
Full or partialresponsibility forproject tasks
Responsible for overallproject success
Ensures ultimatesuccess of the program
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Your Career Path in Project Management
PMI is your partner for:
Establishing PM as a profession
Preparing for career advancement
Continuing your professional development andgrowth
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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• Establishes Expectations…Trust• Personal Achievement• Status & Prestige• Recognition as a Professional• Career Enhancer
Why Obtain And Maintain A Credential?
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Project ManagementProfessional (PMP®)
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Value of PMPs to Organizations
Enhance communications among projectstakeholders
Achieve more accurate assessment of thescope of their project needs
Better performance tracking and reporting
Reduce overall risk – increase opportunities
Increase likelihood of project success
Monitor and manage the constraints of time,budget, and scope
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Who Can Benefit with a PMP Credential?
Practitioners who:
Are responsible for all aspects of the projectfor the life of the project
Lead and direct cross-functional teams todeliver projects
Demonstrate sufficient knowledge andexperience to apply a methodology to projects
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Source: PMI Project Management Salary Survey – Fifth Edition
Median Salaries for PMPs vs. Non-PMPs in the U.S.
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PMP Eligibility Requirements
*Eligibility requirements are different for candidates who do not hold a bachelor’s degree or a global equivalent
Educational Background*Bachelor’s degree or the global equivalent
AND
Project Management Education35 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-overlappingproject management experience spent leading and
directing project tasks.
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Certified Associate inProject Management
(CAPM®)
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Value of CAPMs to Organizations
Allows project team members to “speak thesame language”
Fundamental understanding of projectmanagement processes (based on thePMBOK Guide® Third Edition)
Breaks functional barriers (silos)
PMBOK: Project Management Body of Knowledge
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Who Can Benefit with a CAPM Credential?
Are project team members and can demonstrateknowledge of project management
Are seeking to advance their careers in projectmanagement
Qualified undergraduate and graduate studentswith an interest in project management
Practitioners who:
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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CAPM Eligibility Requirements
Educational BackgroundBachelor’s or Associate’s degree or High school
diploma, or a global equivalentAND
Option 1: Project Management Education23 contact hours of formal education
OR
Option 2: Project Management Experience1,500 hours of work on a project team
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Program ManagementProfessional (PgMPSM)
New Credential Overview
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Agenda
• Definitions
• Business Goals
• PgMP Certificant Benefits
• Important Milestones
• New Roles
• PgMP Credentialing Process
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Definitions: Program
Program:
• Multiple, related projects,
• spanning functions or organizations or geographic
regions and cultures
• directed to accomplish strategic business and
organizational objectives
Confidential PMI Information for Internal Use Only
Continued
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Responsibilities of the Program Manager:
• Ensure the ultimate success and acceptance of theprogram
• Define and initiate projects• Assign project managers• Maintain continuous alignment of program scope with
strategic business objectives• Make recommendations to modify the program to enhance
effectiveness toward the business result or strategic intent• Determine/coordinate the sharing of resources among
constituent projects to the overall benefit of the program.
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Competencies of a Program Manager
Program managers must be effective in both the project andbusiness or government environments, and to make
decisions that accomplish strategic objectives.
A program manager should have advanced skills in:• Finance…NPV etc.• Cross-cultural awareness• Leadership/ influence• Communication• Negotiation and conflict resolution.
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Why Create the PgMP Certificate?
• Provides global, professional recognition of advancedskill sets
• Satisfies needs of the practitioner community
• Attractive to potential employers
• Aligns with industry standards and best practices
• Provides personal satisfaction and career growth
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Value of PgMPs to Organizations
Aligning multiple projects to optimize achievement of programgoals
Providing comprehensive resource allocation
Decreasing organizational redundancy and rework throughthe coordination of efforts and communications
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Who Can Benefit with a PgMPSM Credential?
Are responsible for achieving an organizational objectiveby overseeing a program that consists of multiple projects.
Define and initiate projects and assign project managers tomanage cost, schedule and performance.
Maintain alignment of program scope with strategicbusiness objectives.
Practitioners who:
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Important PgMP Milestones
CompleteUser
AcceptanceTesting
LaunchCredential
StartCredential
PilotPeriod
FirstInformational
TrainingSession
AnnounceTrainingSchedule
TBDOn or Near03/01/0702/20/07
LateFebruary 07
January07
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PgMP Credentialing Process
• Requirements and Fees
• Evaluations
• Application Process
• Application Review
• Multiple-choice Exam
• Multi-rater Assessment (MRA)
• Credential Maintenance
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PgMP Requirements and Fees
MinimumEducation
ProjectManagement
ProgramManagement
Bachelor’s Degree orglobal equivalent Four years Four years
Associate’s Degree, HighSchool Diploma or globalequivalent
Four years Seven years
Education and Experience Requirements:
• Members - $1500• Nonmembers - $1800
Fees:
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Evaluations
The PgMP credentialing process featuresthree evaluations:
1. Application Review (includes Panel Review)
2. Multiple-choice Exam
3. Multi-rater Assessment (MRA)
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Application Process Summary
Step 1: Applicant confirms whether or not he or sheis a PMP; aligns credential renewal cycles
Step 2: Applicant reviews and updates contactinformation
Step 3: Applicant provides education, project andprogram experience
Step 4: Applicant provides name for certificate andagrees to Code of Conduct
Step 5: Applicant reviews application and submitswhen complete
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Application Review Process
1. Completeness ReviewApplication is reviewed for completeness and
accuracy prior to exam selection and payment2. Audit
• Increased audit frequency maintains credentialintegrity
• Initially, all PgMP applications receive audits3. Panel Review*
Panel of program management subject matterexperts reviews applicant’s work experience
*Panel selection, policies and procedures managedby PgMP Credentialing Committee
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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If applicant fails application review:
• Credential Associate will contact the applicant toexplain the reasons why the applicant did not pass.
• The Credential Associate will explore whether thereis additional and appropriate information that theapplicant can provide.
• The application will remain open for revision; if theapplicant can provide more detail to the Summaryof Program Management Experience essayquestions, the application will be sent through foran additional panel review.
• If the applicant has no further response to thesestatements, the applicant will fail the panel reviewand the first competence evaluation.
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Multiple-choice Exam
• 170 questions
• Four-hour time limit
• Shares global Prometric computer-based (CBT)and paper-based (PBT) test centers with othercredential programs
• No translations upon credential release (forfuture consideration)
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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If candidate fails the exam:
• Like the PMP, Candidates are granted a one-yeareligibility period in which to pass the multiple-choice examination.
• During the eligibility period, the candidate maytake the multiple-choice exam up to threetimes.
• Candidates should gauge their time carefully soas to leave enough time during the eligibility toretake the exam, if needed.
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Multi-rater Assessment (MRA)
• The candidate must complete a self-assessment
• The candidate must provide 12 reference contacts tobe reviewers
• Reviewers evaluate the candidate’s competence toperform tasks relevant to program management
• Reviewers must complete the evaluation during athree-week period
• If needed, the Credential Associate may work with thecandidate to reach additional reviewers
Similar to a 360-degree review process:
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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If the candidate fails the MRA?
• Candidate must wait one year before participating in theMRA again.
• Candidates will receive a detailed report reflecting howthey evaluated themselves and a combined report showinghow their reviewers evaluated them.
• The candidate can use this report as a professionaldevelopment tool prior to applying for reassessment.
• After the one-year waiting period, the candidate will receivean e-mail from PMI providing a six-month window duringwhich the candidate may apply for the Multi-raterReassessment without having to reapply for the credential.
• The candidate may use the same or chose new reviewers.
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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How MRA Benefits the Candidate
• Reinforces and refines existing skills
• Pinpoints weak points for improvement
• Demonstrates candidate achievements
• Provides high-level professional recognition
Confidential PMI Information for Internal Use Only
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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PgMP Credential Maintenance
• Option Ao PMP and PgMP share PDUs
o Pre-existing PDUs forfeited
o Starts a new renewal cycle for both credentials
• Option Bo PMP and PgMP share existing and future PDUs
o Adds PgMP to existing PMP renewal cycle
If a PMP, PDUs earned maintain both PMP andPgMP credentials; 60 PDUs are required during athree-year cycle:
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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CAPM - Maintain current knowledge of project management
PMP – Update project management knowledge with
continuing experience and education
PgMP - Update program management knowledge with
continuing experience and education
Value of Maintaining a PMI Credential
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Continuing Certification Requirements (CCR)
RationaleSupport professional development of credentialholdersEncourage and recognize individualized learningOffer standardization for attaining and recordingprofessional development activitiesSustain globally recognized credentials
ParticipationPMP and PgMP need to earn 60 PDUs in 3 yearsCAPM re-take examination; No PDUs required
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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How are the requirements met?
Participants earn 60 Professional Development Units
(PDUs) over a 3-year period (For PMP and PgMP, only)
Education, work related activities, and volunteerism
categories
Each PDU is equal to one hour in a structured learning
activity
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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CCR Renewal and Reapplication Process
Renewal application + Code ofEthics/Professional Conduct
CAPM Renewal Fees$225 (US) for members$300 (US) for non-members
PMP Renewal Fees$60 (US) for members$150 (US) for non-members
PgMP Renewal Fees$60 (US) for members$150 (US) for non-members
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Thank you for yourattendance and participation!
For more information…
• Certification Program brochure
• CAPM, PMP and PgMP Handbooks
• CCR Handbook
• www.pmi.org –Follow link to Certification
The Benefits of PMI Certification
SAME Mid-Atlantic Regional Conference10 October 2007
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Any Questions?
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