The Project Management Institute (PMI) is the world’s leading non-profit, organization providing career training, educational resources, and certifications for the project management professionals. The PMI certificates equip the individuals with the knowledge and skills to satisfy the demands of projects and employers all around the world. The certifications from this vendor are based on rigorous standards as well as the latest research to meet the real-world needs of enterprises.
PMI Certification Program
The Project Management Institute offers a comprehensive certification program for the professionals with different levels of experience and education. The current list of certificates issued by the organization is outlined below:
- Project Management Professional (PMP)
The PMP certification validates the competence of the candidates in performing the role of a Project Manager who leads and directs teams and projects. To earn the certificate, the individuals are required to pass the associated exam and meet some experience requirements. These include a 4-year degree, 36 months of experience in leading projects, as well as 35 hours of project management training or the PMI CAPM certification. Alternatively, the applicants should possess a high school diploma or an associate’s degree, 60 months of experience in leading projects, as well as 35 hours of project management training or PMI CAPM.
- Certified Associate in Project Management (CAPM)
The CAPM certification is designed to validate the professionals’ understanding of basic knowledge, terminology, as well as processes of efficient project management. To apply for the certificate, the applicants need to have a secondary diploma as well as 23 contact hours of formal education in project management. Besides that, they are required to pass the qualifying test.
- Professional in Business Analysis (PMI-PBA)
The PMI-PBA certification is developed to validate the individuals’ expertise in business analysis. It measures their ability to effectively cooperate with the stakeholders to determine their business needs, shape the deliverables of projects, as well as drive desirable business outcomes. The certificate requires passing the related exam and meeting the following eligibility requirements: a secondary degree, 60 months of experience in business analysis, and 35 contact hours of business analysis education. As an alternative, you must hold a bachelor’s degree or its global equivalent as well as possess 36 months of experience in business analysis experience plus 35 contact hours of business analysis education.
- PMI Agile Certified Practitioner (PMI-ACP)
The PMI-ACP certification validates the professionals’ knowledge of the Agile principles as well as their ability to utilize the Agile techniques. To earn the certificate, the students must meet the prerequisites, such as a secondary degree, at least 8 months of Agile project experience within the last 3 years, 21 contact hours of education in Agile practices, as well as 12 months of overall project experience within the last 5 years. Moreover, the candidates need to pass the qualifying exam.
- Program Management Professional (PgMP)
The PgMP certification is designed for the individuals who are responsible for the management of complex projects to achieve strategic as well as organizational results. In addition to passing the mandatory exam, the learners are required to have a secondary degree as well as 48 months of project management experience to become certified. In addition, they need to possess 84 months of program management experience within the last 15 years. The alternative prerequisites include a 4-year degree and 48 months of working experience in program management within the last 15 years or the valid PMP certificate.
- Portfolio Management Professional (PfMP)
The PfMP certification is designed to validate the advanced competency of the portfolio managers. It validates their expertise in the coordinated management of portfolios to achieve organizational goals. Earning this certificate requires passing the exam and meeting the following prerequisites: 96 months of business experience within the last 15 years, 84 months of portfolio management experience, and a secondary degree. If a candidate possesses a bachelor’s degree, only 48 months of portfolio management experience are required.
- PMI Risk Management Professional (PMI-RMP)
The PMI-RMP certification measures one’s expertise in the specialized area of evaluation and identification of project risks in addition to the mitigation of threats and utilization of opportunities. The candidates for this certificate need to possess a secondary degree along with 36 months of experience in project risk management within the last 5 years, as well as 40 hours of project risk management training. Alternatively, they must have a 4-year degree, 24 months of experience in project risk management within the last 5 years, and 30 hours of project risk management training.
- PMI Scheduling Professional (PMI-SP)
The PMI-SP certification validates the individuals’ demonstrated knowledge and skills in the domain of the development and maintenance of project schedules. The prerequisites for this certificate include a secondary degree, 40 months of experience in project scheduling within the last 5 years, as well as 40 hours of project scheduling training. Otherwise, you need to demonstrate a 4-year degree, 28 months of experience in project scheduling within the last 5 years, as well as 30 hours of project scheduling training.
- PMI Project Management Ready
PMI Project Management Ready is the newest certificate in the PMI certification program. It introduces the high school and post-secondary students to the skillsets and concepts of project management. To apply for this option, the candidates need to possess basic computer literacy and be capable of taking the exams.
The PMI website offers a wide range of preparation options to help the learners gain the skills and knowledge needed for success in their certification exam. Almost every PMI certificate is accompanied by a special handbook that contains detailed information regarding a particular test. It is recommended that the candidates begin their preparation with a thorough review of the exam objectives that can be found in the handbook. The official platform also offers the sample questions that allow the students to get acquainted with the exam structure and possible questions. Moreover, the individuals can explore the official online courses or enroll for the training delivered by the Authorized Training Partners. They can also review the self-study books published by these Partners as well as other reputable training organizations.
Career Prospects and Salary Outlook
The PMI certifications are acknowledged by the enterprise all over the globe. With any certificate from this vendor, the professionals can work in almost any industry, anywhere in the world, and using any project management methodology. Some of the job roles that the candidates can take up after getting certified include: a Project Manager, a Project Coordinator, a Director of Operations, an Executive Director, an Associate Director, a Risk Analyst, and a Project Management Consultant, among many others. The remuneration for these positions can be affected by numerous factors, such as location, level of certification, education, years of experience in the field, etc. The average annual salary for the certificate holders is around $116,000 in the United States.