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PMI-100 Free PDF - Certified Associate in Project Updated: 2023
CAPM exam CONTENT OUTLINE (Learning Objectives)
1. Introduction to Project Management (6%)
1.1 Understand the five project management process groups and the processes within each group
1.2 Recognize the relationships among project, program, portfolio, and operational management
1.3 Define a typical project lifecycle
1.4 Understand the function and importance of tailoring for different projects
2. Project Environment (6%)
2.1 Identify the factors and assets that may impact the outcome of a project
2.2 Distinguish between organizational systems
2.3 Understand the purpose and activities of a Project Management Office
2.4 Recognize the hierarchy of projects, programs and portfolios
3. Role of the Project Manager (7%)
3.1 State the primary functions of a project manager
3.2 Understand a project manager’s sphere of influence
3.3 Identify the major elements included in the PMI triangle
3.4 Recognize the difference between leadership and management
4. Project Integration Management (9%)
4.1 Understand the seven project management processes in the project integration management knowledge area
4.2 Identify the input, tools, techniques and outputs defined in the seven processes in project integration management
4.3 Understand the purpose of project integration management and the project manager’s role within it
4.4 Identify concepts and procedures related to project change management
4.5 Identify tailoring consideration in project integration management and recognize key documents
4.6 Identify methods for project integration and knowledge management
5. Project Scope Management (9%)
5.1 Understand the six project management processes in the project scope management knowledge area
5.2 Identify the Input, tools, techniques and outputs defined in the six processes in project scope management
5.3 Identify key concepts and tailoring consideration for project scope management, and key roles in scope management
5.4 Identify the purpose and elements of a Work Breakdown Structure (WBS) for both Product and Project scope
5.5 Understand project scope management for agile/adaptive projects, including the use of prototypes
6. Project Schedule Management (9%)
6.1 Define the six project management processes in the project schedule management knowledge area
6.2 Identify the Input, tools, techniques and outputs defined in the six processes in project schedule management
6.3 Solve simple network diagrams problems and perform basic scheduling calculations
6.4 Identify considerations for agile/adaptive environments in project schedule management
7. Project Cost Management (8%)
7.1 Understand the four project management processes in the project cost management knowledge area
7.2 Identify the Input, tools, techniques and outputs defined in the four processes in project cost management
7.3 Identify key concepts in project cost management, including tailoring and special considerations for agile/adaptive environments
7.4 Understand and apply basic forecasting and earned value methods for project cost management
8. Project Quality Management (7%)
8.1 Understand the three project management processes in the project quality management knowledge area
8.2 Identify the Input, tools, techniques and outputs defined in the three quality management processes
8.3 Understand the reasons for and approaches to adapting quality management in different project environments
8.4 Identify quality tools and approaches for continuous improvement
9. Project Resource Management (8%)
9.1 Define the six project management processes in the project resource management knowledge area
9.2 Identify the Input, tools, techniques and outputs defined in the six processes in project resource management
9.3 Identify key concepts and trends in project resource management, including tailoring and special considerations for agile/adaptive environments
9.4 Identify techniques for developing a team, managing conflict, and resolving resource-related problems
9.5 Understand the components of a resource management plan and data representation techniques for managing project resources
10. Project Communication Management (10%)
10.1 Understand the three project management processes in the project communication management knowledge area
10.2 Identify the Input, tools, techniques and outputs defined in the three project communication management processes
10.3 Identify key concepts and approaches in project communication management,
including tailoring and special considerations for agile/adaptive environments
10.4 Recognize the dimensions of communication and components of a communications management plan
10.5 Identify communications skills and methods for project communication management
11. Project Risk Management (8%)
11.1 Understand the seven project management processes in the project risk management knowledge area
11.2 Identify the Input, tools, techniques and outputs defined in project risk management
11.3 Identify the key documents in project risk management
11.4 Perform simple risk calculations
11.5 Recognize when and how to adjust risk based on the project environment
12. Project Procurement Management (4%)
12.1 Understand the three processes in the project procurement management knowledge area
12.2 Identify the Input, tools, techniques and outputs defined in the three project procurement processes
12.3 Identify key concepts and tailoring considerations for project procurement management, including trends and emerging practices
12.4 Identify various types of contracts, agreements, and source selection methods
13. Project Stakeholder Management (9%)
13.1 Understand the four project management processes in the project stakeholder management knowledge area
13.2 Identify the Input, tools, techniques and outputs defined in the four project stakeholder management processes
13.3 Recognize key stakeholders roles and needs
13.4 Identify the key concepts and benefits of stakeholder management
Certified Associate in Project PMI Certified Free PDF
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PMI
PMI-100
Certified Associate in Project
https://killexams.com/pass4sure/exam-detail/PMI-100 Question: 345
When cost variance is negative and schedule variance is positive, the project is:
A. under budget and behind schedule.
B. over budget and ahead of schedule.
C. on schedule.
D. complete; all planned values have been earned. Answer: B Question: 346
Which of the following is an estimating technique that uses the values of parameters from
previous similar projects for estimating the same parameter or measure for a current project?
A. Reserve analysis
B. Three-point estimating
C. Parametric estimating
D. Analogous estimating Answer: D Question: 347
The group technique that enhances brainstorming with a voting process used to rank the most
useful ideas for prioritization is called the:
A. majority rule technique.
B. nominal group technique.
C. Delphi technique,
D. idea/mind mapping technique. Answer: B Question: 348
At which stage of team development do members begin to work together, adjust work habits,
and trust each other?
A. Forming
B. Storming
C. Norming
D. Performing Answer: C Question: 349
Which of the following can be used as an input for Define Scope?
A. Product analysis
B. Project charter
C. Scope baseline
D. Project scope statement Answer: B Question: 350
A project manager has created an issue log to document issues communicated by project team
members during weekly team meetings. This is an input of:
A. Manage Stakeholder Expectations.
B. Monitor and Control Risks.
C. Plan Risk Management.
D. Report Performance. Answer: A Question: 351
Which of the following is a tool and technique used to monitor risk?
A. Technical performance measurement
B. Cost performance baseline
C. Benchmarking
D. Cost of quality Answer: A Question: 352
Which of the following is a statistical concept that calculates the average outcome when the
future includes scenarios that may or may not happen?
A. Sensitivity analysis
B. Three-point estimate
C. Modeling and simulation
D. Expected monetary value analysis Answer: D Question: 353
Which of the following is an output of Close Procurements?
A. Accepted deliverables
B. Organizational process assets updates
C. Managing stakeholder expectations
D. Performance reports Answer: B Question: 354
The probability and impact matrix is primarily used to:
A. Quantify risk issues for trends during a quality audit.
B. Develop a risk register for risk planning.
C. Evaluate each risks importance and priority during Perform Qualitative Risk Analysis.
D. Define risk and compare impacts during Perform Quantitative Risk Analysis. Answer: C
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https://killexams.com/exam_list/PMIBest Free Project Management Training Materials for IT Pros
Project management and information technology (IT) have a complicated relationship. While it’s not exactly a core subject for related academic curricula, project management is something that touches deeply and directly on most IT activities. That probably explains why project management certifications command a constant presence among the top 10 top-paying certifications of interest to IT professionals over the past decade.
Given the incredible popularity and demand for project management skills and knowledge, it is no surprise that one can find commercial project management training courses to fit nearly every schedule and budget. But that doesn’t mean there aren’t good choices available for free training. In this article, you’ll learn about some of the best project management training systems and certifications to help you become a better IT manager.
What are some free project management training options?
An online education phenomenon is reshaping the training landscape as we know it. It’s based on free online training courses called MOOCs, short for massively online open courses. These are housed on open, high-volume, high-capacity, cloud-based training platforms, such as edX, Moodle and Udemy.
While monetization of training is possible on some of these platforms, a MOOC is supposed to be free for the taking. Organizations or institutions that offer such free courses can still charge fees for testing, certificates of completion and other add-ons, but the basic course materials remain free to all interested parties.
Here’s a list of some of the best project management offerings.
Cybrary Course CYB-2010: Project Management Professional
Professional instructor Vincent McKeown delivers a 10-module series of video lectures, each of which maps to a domain in the Project Management Body of Knowledge (PMBOK) for the Project Management Institute Project Management Professional (PMI PMP) certification. At just over five hours, the course is neither incredibly detailed nor extensive, but it does provide a useful orientation for those just getting started on the subject.
ALISON: Diploma in Project Management
With more than 282,000 students having either taken or now taking this course, this MOOC has seen some serious traction to mostly positive reviews. The course contains three modules, covers 28 subjects and takes 10 to 15 hours to complete. While it doesn’t map directly to the PMP or other project management credentials, it does provide a useful introduction to the subject matter.
Other ALISON courses on project management
As a full-fledged MOOC delivery platform, ALISON offers a project management page among its course listings. In addition to the previous diploma item, it has courses about project management fundamentals, skills, resource management and a host of other topics.
Udemy
Udemy courses are not always or even often free, but many are inexpensive. A search for project management on Udemy produces hundreds of courses. Most cost between $20 and $50 each, although we found many as low as $10 and a few on the high end at $200. A search on PMP produces more than 2,600 free and paid courses. You’ll spend a lot of time fiddling with the search engine to find what you want, but there are plenty of choices here.
edX.org
EdX gets many of its project management courses via Microsoft these days. As a result, despite a huge catalog of offerings, many of the project management courses relate to Microsoft Project and Microsoft Project Portfolio Management (PPM). We did find a few project management courses from institutions such as the University of Adelaide, the Rochester Institute of Technology, the Australian National University and the University of Washington.
A search on MIT OpenCourseWare produces thousands of results for project management courses, many of which show a profound focus on engineering and business management topics. Nevertheless, there’s a lot of interesting stuff here that’s well worth trawling through for those seeking top-notch offerings.
ProjectManager.com
ProjectManager.com has 30 guides designed to help you learn the basics of project management. Inside many of these guides are video tutorials that provide more information about their respective topics. You’ll need some time and willpower to stitch a curriculum together here, but there’s lots of good material available. The company also maintains a YouTube channel, where you can easily find training videos.
YouTube
YouTube is rife with project management training videos. Searches on YouTube for “project management” or “PMP” produce hundreds of thousands of results.
MOOC List
The MOOC List allows you to execute a consolidated search for trainings available in the next 30 days. Most courses are offered with specific starting dates, so this database points only to relevant courses starting in the near term.
Oxford Home Study Short Course
The Oxford Home Study Centre offers several project management courses that introduce candidates to the many aspects of project management, project life cycles and project management roles. A certificate is issued at the end of each course.
Saylor Academy
Saylor Academy has two project management courses: one in the business field and the other in software engineering. The first course requires 62 hours and covers the key elements of project management and its more technical details. The software engineering course totals 41 hours and presents subjects ranging from life cycle models to design quality assurance. Upon completing either course, you’ll receive a free certificate.
GoSkills
GoSkills pulls up 30 project management courses when searching for project management. These courses span basic frameworks, software programs and process control. Each course includes video tutorials along with tests and quizzes to help you prepare for project management exams and earn learning hours toward your certification.
Various online platforms offer free training, lessons and certification prep for deeper dives into project management skills and practices. It’s just a matter of sorting through the available options to find the ones that appeal to you.
What are some low-cost project management training options?
If you’re willing to spend a small sum of money, there are some appealing low-cost project management training options. For example, most Coursera courses are $49, and multicourse bundles are also available (such as UC Irvine’s Introduction to Project Management Principles and Practices). The Master of Project Academy offers numerous free online training courses for project management certifications, such as the PMP, CAPM, Six Sigma and Prince 2. However, for $397 per month, you can purchase an all-course bundle that includes all Master of Project Academy courses.
Like UC Irvine, many colleges and universities offer courses aimed at the PMP and related PMI certifications, such as CAPM and PMP add-ons for portfolio and program management, as well as other credentials for risk management, scheduling and so forth. These courses cost the same as other college courses and are taught in a similar fashion. That puts them halfway between low-cost/no-cost options and short-term, higher-priced intensive courses from traditional training outlets such as Global Knowledge, New Horizons and Learning Tree.
What are some higher-priced project management training options?
Hundreds to thousands of other offerings for project management training at higher costs are readily available around the globe. For PMP or other PMI certifications, there’s a whole network of partners that teach an official curriculum. Some are in academia; others offer purely commercial courses. All the biggest training companies offer PMP and related certification training, as do the major online training players (such as LinkedIn Learning, Simplilearn and Pluralsight).
What skills do I need to become a project manager?
Project management software is at the heart of most IT activities, including system design and development, deployment, and maintenance. All of these routine activities can also be characterized as projects – some of massive scope and duration, others more quick and evanescent. Indeed, that’s why project management skills and knowledge are in high demand among IT professionals in nearly every specialty and area of technical focus in that field.
The best project managers possess a great eye for detail and are highly organized. Masters of soft skills, they are clear, concise and effective communicators in both speaking and writing. These professionals are excellent problem-solvers and negotiators. It’s also helpful if they have an understanding of cross-functional areas – such as supply chain, HR and resource constraints; procurement; finance; and change orders – which may impact overall project outcomes.
What are some popular project management methodologies?
As a project management professional, you’ll find no shortage of methodologies. There is no one “right” methodology, and the one you choose to practice will be influenced by factors like the type of project, industry sector and your business’s preference. When choosing project management training materials, look for courses that complement the methodology you want to practice.
Waterfall is a traditional project management methodology with a linear downward process flow. Design changes are difficult to implement. Project phases include system and software requirements, analysis, design, coding, testing, and operations. It’s often used with large projects where defined schedules are required and few changes are expected.
Six Sigma project managers (usually referred to as Black, Green or Yellow belts) focus on improving quality and efficiency by identifying what doesn’t work and removing it from the process. A Six Sigma Black Belt, for example, would define the problem, measure the current process, analyze data, Boost the process and then control the future process.
Agile was introduced in 2001 as a response to the Agile Manifesto and originally geared toward software development. In the Agile framework, teams are collaborative and self-organizing. Projects are incremental and iterative, enabling team members to move quickly and respond to change.
Scrum, a type of Agile framework, focuses on five core values – courage, commitment, openness, respect and focus. As with Agile, teams are collaborative. Iterations are organized into short blocks of time called “sprints,” which enable great flexibility to respond to design change. A Scrum master (a servant-leader) holds daily meetings where team members discuss what they did the day before and what they plan to accomplish each day. [Related article:What Is Agile Scrum Methodology?]
Kanban, another type of Agile framework, is popular in manufacturing environments. Teams are collaborative and self-managing. Kanban practices include visualization, limiting work in progress, flow management, making policies explicit, feedback and collaborative evolution.
PMI PMBOK (the Project Management Institute’s Project Management Body of Knowledge), while not strictly a project management methodology, is a well-known and respected standard for project management practices. PMI’s certifications, especially its PMP credential, are among the most coveted project management credentials. PMBOK practices focus on five primary process areas: initiating, planning, executing, monitoring and controlling, and closing.
While project management is all about managing workflow, project resource management is about ensuring resources are being used efficiently.
How long does it take to get a project management certification?
Requirements to earn a project management certification are set by the individual certification provider and may include a combination of exams, specific training courses, and minimum education level or experience. The requirements to earn advanced certifications are generally more than those for entry-level credentials. For example, the Project Management Professional is one of the most highly prized certifications available. In addition to passing a rigorous exam, candidates must also possess a combination of education, project management education and experience.
CompTIA’s Project+, an entry-level certification, recommends that candidates have 12 months’ experience before attempting the exam. However, since this is a recommendation only, candidates can obtain this certification by sitting for the exam regardless, which makes it the only one we found that is available without requiring additional training, education or experience.
In the table below, you’ll find information on obtaining five popular project management certifications. For more details, see our roundup of the best project management certifications.
Certification
Skill level
Exams
Education/experience
CompTIA Project+
Entry
1
12 months’ experience recommended
Certified Associate in Project Management (CAPM)
Entry
1
High school diploma and 1,500 hours of project experience or 23 hours of project management education
Certified ScrumMaster (CSM)
Entry
1
Two-day, fee-based training course
Project Management Professional (PMP)
Advanced
1
Four-year college degree, 4,500 hours leading and directing projects, and 35 hours of project management education or CAPM certification or High school or associate’s degree, 7,500 hours leading and directing projects, and 35 hours of project management education or CAPM certification
Certified Six Sigma Black Belt (CSSBB)
Advanced
1
Three years of experience in one or more of the Six Sigma Body of Knowledge areas, plus one completed project with signed affidavit or two completed projects with signed affidavits and three years of work experience
There are several types of project management certifications. Some are more difficult than others, and each one has its own requirements for candidates.
Are IT certifications necessary?
You don’t necessarily need an IT certification to lead projects in the field. However, obtaining an IT certification can help you gain more knowledge and skills for effectively managing projects and leading your team. Getting an IT certification can also result in a salary increase and make your résumé more appealing to employers.
If you believe an IT certification could be a good addition to your career, the first step is to choose the area in which you want to receive a certification; project management is hardly the only option. Below are more than a dozen of the best certification areas for IT professionals.
How should I get started with project management training?
Start digging into the outlets and offerings that interest you most. When training is free, the only thing you have to lose is your time and energy. Thus, you can try things out and stop at any time if they don’t work for you. When it comes to paid training, we recommend looking at online reviews, seeking personal recommendations from people you know and trust, and requesting feedback from former course attendees or materials users to help steer you toward the right choice.
Shayna Waltower contributed to the writing and research in this article.
Mon, 23 Oct 2023 11:59:00 -0500entext/htmlhttps://www.businessnewsdaily.com/6319-free-project-management-training-materials.htmlProject Management Certification Courses
Project Management Certification Courses
The demand for skilled project management professionals continues to increase exponentially across industries. To get started in the field, or brush up on your project management skills, enroll in an introductory project management course led by a working expert. Our Drexel-made project management training is being offered online via live remote delivery for the fall term. Seats are limited, so sign up today.
Thinking about professional certification? One leading not-for-profit membership organization has set the gold standard for excellence in project management training across industries: the Project Management Institute (PMI®). Made up of more than 1,000,000 credential holders, volunteers and trained project professionals, PMI issues highly renowned certificates—Project Management Professional (PMP®) for experienced individuals and Certified Associate in Project Management (CAPM®) for beginner practitioners.
Recognized worldwide, gaining your PMI® certification tells employers that you are a leader who can successfully manage teams and direct projects. You can also increase your salary by nearly 20%, according to to PMI®’s Earning Power Salary Survey. For employers, having PMI®-certified project managers helps your organization meet its goals, increase productivity and complete more projects on budget.
Ready to take the next big step in your career? Our courses prepare you to take PMI®'s exams and become Project Management certified. Enroll in Practical Project Management to get started on the journey towards certification, or, enroll in a self-paced online PMP® and CAPM® exam preparation course if you're already experienced.
Practical Project Management for the Working Professional (PMCE 5095) - Virtual
Dates: Thursday, June 6 & Friday, June 7, 2024
Time: 9:00 a.m. - 4:00 p.m.
Cost: $1200.00
CEUs: 1.6
PDUs: 16
Practical Project Management is a 14-hour boot-camp that teaches innovative project management concepts and techniques. This training builds upon the competencies presented in PMI®'s internationally recognized A Guide to the Project Management Body of Knowledge (PMBOK® Guide), providing proven methods to enable and enhance traditional management approaches. By focusing on these high-return concepts and tools, you will expand your knowledge and skills, becoming an advanced project leader ready to succeed in real-world initiatives.
Whether you’re a full-time project manager or have a fundamental understanding of project management, this course helps you gain a better understanding of the latest trends and best practices to Boost job performance and growth opportunities.
Upon completion of the course, you:
Gain a fundamental understanding of project management
Learn and practice core and advanced project management tools and approaches above and beyond those taught in traditional Project Management Professional (PMP®) classes
Supplement your current talents and skills to prepare you for greater responsibilities and growth
Goodwin College of Professional Studies is proud to announce our partnership with Project Management Institute (PMI) Delaware Valley Chapter to offer live, virtual, instructor-led courses to assist you with preparing for the PMP and CAPM certifications.
This 24-hour preparation course meets the 23-hour requirement to apply to take CAPM exam and is intended for those who are new to project management, or who have less than the practical experience needed to take the PMP Exam. The focus is on how best to prepare, study for, and take the CAPM credential examination. A review of material normally covered in the exam will be presented. Students will receive demo questions of the type given on the exam. The PMP 35 education hours requirement is waived for CAPM certification holders.
What you will Learn:
Day 1
Certification Overview
CAPM Handbook
Day 2
Project Time Management-includes content review and exercise/practice test
Project Cost Management-includes content review and exercise/practice test
Project Quality Management-includes content review and exercise/practice test
Project Resource Management-includes content review and exercise/practice test
Day 3
Project Communications Management-includes content review and exercise/practice test
Project Risk Management-includes content review and exercise/practice test
Project Stakeholder Management-includes content review and exercise/practice test
Dates: 5 Saturdays, March 2, 9, 16, 23 and April 6, 2024 8:30 a.m. – 4:30 p.m.
Location: Zoom
CEUs: 3.5
Cost: Members = $1,121 / Non-Members = $1,435
This intense, 35-hour preparation course contains five modules that immerse you in real-world scenarios, representing various industries and project management situations to help you practice applying principles and concepts at work. This course meets the 35-hour requirement to apply to take PMP exam and is intended for those who are experienced in project management, or who have already taken project management courses. The focus is on how best to prepare, study for, and take the PMP credential examination. A review of material normally covered in the exam will be presented. Successful completion of this course ensures that students will meet the 35-hour education requirement to apply for and take the PMP exam and that their education will not be subject to audit.
As a PMI member you receive a discount on the PMP prep course, the PMP exam, the ability to obtain a free digital copy of the PMBOK guide and can become a member of the local chapter (DVC) to attend a 5-week free study group.
There are a wide range of subjects to expand your professional skillset, including leadership, Agile methodology, ethics and more. Courses are offered individually or at a discounted bundle rate!
Tue, 16 Aug 2022 20:21:00 -0500entext/htmlhttps://drexel.edu/goodwin/academics/continuing-professional-education/courses/instructor%20led/project-management/Project Management
No matter your industry, skilled project management professionals are in high-demand. Learn how to effectively plan and execute projects and efficiently lead a team. Drexel University is a Registered Education Provider with the Project Management Institute ®, the world’s largest project management member association. Within this track, you can prepare for PMI ®’s certifications: the Project Management Professional (PMP®) for experienced individuals and the Certified Associate in Project Management (CAPM®) for beginner practitioners.
Technical Skills courses are offered in-person, or in some cases, a hybrid of in-person and online. Essential Skills courses are self-paced and offered entirely online. The Continuing Professional Education team is available to help you select the courses and tracks that best fit your professional development goals.
In response to COVID-19, all Continuing Professional Education face-to-face courses and certifications will be offered online via live remote delivery for the fall term (September - December). Winter course delivery will be determined on the recommendations of the Centers for Disease Control and Prevention (CDC), Pennsylvania Department of Health and Philadelphia Department of Public Health. If you have any questions or concerns about your course enrollment, please e-mail goodwin.ce@drexel.edu.
The PMP® provides a significant advantage when it comes to salary and earning potential. Those with a PMP® certification garner a higher salary (20 percent higher on average) than those without a PMP® certification.
Mon, 28 Mar 2022 01:53:00 -0500entext/htmlhttps://drexel.edu/goodwin/academics/continuing-professional-education/skills-hub/professional-skill-tracks/project-management/Best Project Management Certifications
Project management certifications claim a place in every top IT certification list because project managers are essential to IT operations. Whether you’re interested in becoming an IT project manager or want to add project management to your skills list, the following certifications will help you boost your skills and increase your value.
What to know about project management roles and certification
Next to top-level IT certifications, project management certifications are among the most sought-after tech credentials. Project management certifications enhance and expand other IT qualifications and add to a professional’s skill set.
Project management involves planning, scheduling, budgeting, executing and reporting on various projects. In the IT realm, events such as hardware and operating system upgrades, platform migrations, security patches, software updates and maintenance tasks are considered “projects,” so project management is incredibly important.
According to staffing firm Robert Half’s 2023 Salary Guide, project managers in the U.S. earn, on average, $119,000 annually; salaries reach almost $200,000 for top earners. Scrum masters earn around $112,000 nationally, and top earners can make over $180,000. Robert Half places Agile and Scrum in the top five in-demand technology methodologies, so earning a top-level certification is a surefire way to become a sought-after and well-paid project manager.
Best project management certifications
More IT professionals are seeking project management certifications these days. Various evergreen IT certifications cover different areas and skills, but all of them can help you navigate your career path and increase your earning potential. Here are several to consider.
Project Management Professional (PMP)
The Project Management Institute (PMI) stands firmly behind its PMP certification. The organization works with academia and training companies to ensure proper coverage and currency in the curricula supporting the PMP and other PMI credentials. With more than 1.2 million PMP-certified professionals globally, PMI’s PMP remains among the most prestigious project management credentials.
You can obtain college- and university-based PMP training from many institutions. You may also find PMP coverage integrated into specific degree programs (often at the master’s level).
The PMP credential is coveted by employers seeking the most highly skilled project management professionals. It is designed to ensure credential holders possess the skills and qualifications to successfully manage all project phases, including initiating, planning, scheduling, controlling and monitoring, and closing projects.
PMP-certified project managers are well versed and skilled in managing all aspects of the triple constraints: time, cost and scope. Employers depend on PMP professionals to do the following:
Manage budgets
Track costs
Manage scope creep
Identify how changes to the triple constraints may introduce risk to the project
Minimize risks to protect the project investment
PMP certification standards are rigorous and include the following:
Skills and education: Credential holders must demonstrate and certify that they have the skills and education necessary to succeed in the project management field.
Documentation: Credential seekers should be ready to provide documentation of their education, previous projects and training courses.
Eligibility ID: Candidates must obtain an eligibility ID from PMI before they can register for the exam.
Exam: Once eligible candidates receive their ID, they have one year and three attempts to pass a comprehensive 180-question exam.
While the certification is difficult to achieve, PMP credential holders enjoy significant rewards. PMI’s salary survey revealed that PMPs in the U.S. earn an average of 32 percent more than their non-credentialed counterparts. In the U.S., PMPs earn a median annual salary of $123,000, compared with $93,000 for non-PMP-certified project managers. Additionally, PMP credential holders can earn significantly more depending on a project’s size and complexity, as well as their experience and expertise.
For those who are interested in program management or who wish to specialize in a project management area, PMI offers several interesting additional credentials:
Program Management Professional (PgMP): The PgMP credential targets professionals who manage multiple projects on an organizational level.
Portfolio Management Professional (PfMP): The PfMP credential targets professionals who manage organizational project portfolios.
PMI Agile Certified Practitioner (PMI-ACP): The PMI-ACP credential targets project management professionals who work with the Agile project management methodology.
PMI Professional in Business Analysis (PMI-PBA): The PMI-PBA credential focuses on business analysis and the ability to define stakeholder requirements, project scope and business solution outcomes.
PMI Risk Management Professional (PMI-RMP): The PMI-RMP credential is a specialized credential that focuses on risk assessment, identification and mitigation.
PMI Scheduling Professional (PMI-SP): The PMI-SP credential is for project managers charged with developing and maintaining project schedules.
The PMP credential remains a nonpareil certification for IT and other professionals whose responsibilities encompass project management. It is the standard against which all other project management credentials are judged.
PMP facts and figures:
Certification name
Project Management Professional (PMP)
Prerequisites and required courses
Four-year degree
36 months of leading and directing projects within the past eight years
35 hours of project management education (does not apply to active CAPM certification holders)
OR
Secondary degree (high school diploma, associate’s degree or equivalent)
60 months of leading and directing projects within the past eight years
35 hours of project management education (does not apply to active CAPM certification holders)
Note: Credential holders must earn 60 professional development units (PDUs) per three-year cycle to maintain their certification.
Number of exams
One (180 questions, five unscored; 230 minutes to complete)
Cost per exam
Online and in-person (administered by Pearson VUE) computer-based exams:
PMI member: $405 (may retake two times within a year for a fee)
Nonmember: $555 (may retake two times within a year for a fee)
Exams are available in online proctored or center-based test (CBT) formats.
Note: Eligibility ID from PMI is required to register.
PMI maintains a list of training resources on the PMP exam guidance webpage, including these:
Additional training materials (quizzes, publications, books, practice guides and more) are available from the PMI Store.
Numerous books are available, including these:
PMP certification is also recommended for anyone who aspires to become an enterprise IT architect.
Certified Associate in Project Management (CAPM)
PMI also backs the Certified Associate in Project Management (CAPM) credential. In fact, the CAPM is considered a stepping stone for those who wish to attain PMP status. PMI describes the CAPM as an “essential first step in building a career as a project manager” but also a step that “opens the door to opportunities at every stage of your career.”
The CAPM requires the following:
A high school diploma (or GED or global equivalent)
23 hours of project management classroom training
The CAPM exam
No previous experience is required. The education prerequisite can be met by completing PMI’s Project Management Basics online course, which costs $350 for PMI members and $400 for nonmembers.
The CAPM is one of a small set of entry-level certifications for IT professionals who are interested in project management. However, it’s just a stepping stone to the PMP credential. Unless you work in a large organization with a project management team comprising junior and senior positions, the CAPM alone is unlikely to provide a ticket to a project management job. However, it’s ideal for IT professionals for whom project management is a part-time role or for those who want to grow into full-time project management.
PMI issued its newest CAPM exam in July 2023, so some older study materials might not be complete. For additional information about the newest exam format, visit PMI’s CAPM exam Update page.
CAPM facts and figures:
If you want to start building project management skills but aren’t ready to invest in an entry-level certification course, consider exploring free project management training materials.
Certified ScrumMaster (CSM)
Although different Scrum master certifications are available, our pick is the Certified ScrumMaster (CSM) from Scrum Alliance. This nonprofit encourages the adoption of Scrum and Agile practices, promotes user groups and learning events, and provides resources for professional development. The organization boasts more than 1.4 million certified practitioners worldwide.
The Scrum Alliance provides a support system for Scrum practitioners, including Scrum gatherings, professional development and retreats, user groups, virtual communications, coaching, online training and much more.
In addition to community and advocacy activities, the Scrum Alliance offers numerous Scrum-related certifications. The certifications are designed for team members on the Scrum master, product owner and developer tracks. Each track offers credentials at the foundational, advanced and professional levels. Certification is also available for Agile leadership and guide levels.
Developer track: Certified Scrum Developer (CSD), Advanced Certified Scrum Developer (A-CSD) and Certified Scrum Professional for Developers (CSP-D)
Guide-level certifications: Certified Scrum Trainer (CST), Certified Team Coach (CTC) and Certified Enterprise Coach (CEC)
Agile leadership: Certified Agile Leadership (CAL), a credential based on a combination of education and validated practice
Agile coaching: Agile Coaching Skills-Certified Facilitator (ACS-CF), which supports groups as they collaborate, create and make decisions.
The CSM is an excellent entry-level credential for project managers who are getting started as Scrum practitioners. Candidates must demonstrate an understanding of Scrum principles and values and will learn how to implement and apply Scrum in practice. The Scrum Alliance provides CSMs with resources, checklists and information about the Scrum master’s servant-leader role.
Certified ScrumMaster facts and figures:
Certification name
Certified ScrumMaster
Prerequisites and required courses
General familiarity with Scrum
Completion of a 14-hour (usually over two days) CSM training course (price varies by training provider; candidates can expect to pay around $920 to $1,500)
Note: Certification must be renewed every two years by earning 20 Scrum education units (and paying $100 for foundational-level certifications).
Number of exams
One (37 correct answers out of 50 questions required to pass; 60-minute time limit)
Cost per exam
Fees for online tests paid by the training provider
Scrum Alliance offers blogs, articles, reports, online learning, suggested studying and presentations online, including these:
Note: Udemy offers practice tests designed to help test takers pass the CSM certification exam on their first attempt.
Certified Six Sigma Black Belt (CSSBB)
The American Society for Quality (ASQ) issues globally recognized certifications that attest to a candidate’s expertise, mastery of industry and regulation standards, and mastery of the ASQ Body of Knowledge. ASQ offers 18 credentials, three of which specifically target project management:
Certified Six Sigma Black Belt (CSSBB) (expert level)
Certified Six Sigma Green Belt (CSSGB) (professional level)
Certified Six Sigma Yellow Belt (CSSYB) (entry-level)
The Certified Six Sigma Black Belt is ASQ’s highest Six Sigma credential. The CSSBB is for experienced practitioners who understand Six Sigma methodologies (including the DMAIC model), tools, systems and philosophies. CSSBBs can lead teams or manage team dynamics, roles and responsibilities.
The path to CSSBB certification is rigorous. Candidates must do the following:
Pass a comprehensive exam
Complete two projects employing Six Sigma tools and processes, resulting in project improvement and a positive financial impact
Submit an affidavit to attest to the project’s veracity
Alternatively, candidates with at least three years of experience in one or more of the Six Sigma Body of Knowledge areas need to complete only one Black Belt project.
CSSBB candidates are expected to demonstrate mastery of these ASQ Black Belt Body of Knowledge, called standards:
Organization-wide Planning and Deployment (organization-wide considerations, leadership)
Organization Process Management and Measures (impact on stakeholders, benchmarking, business measures)
Team Management (team formation, facilitation, dynamics, training)
Define (voice of the customer, business case and project charter, project management tools, analytical tools)
Measure (process characteristics, data collection, measurement systems, basic statistics, probability, process capability)
Analyze (measuring and modeling relationships between variables, hypothesis testing, risk analysis and management, other analysis methods)
Improve (design of experiments, Lean methods, implementation)
Control (statistical process control and other controls, maintain controls, sustain improvements)
Design for Six Sigma (DFSS) Framework and Methodologies (common DFSS methodologies, design for DFX)
The CSSBB credential is valid for three years. To recertify, candidates must earn 18 recertification units (RUs) or retake the exam. Recertification by RUs costs $90 for ASQ members and $130 for nonmembers.
CSSBB facts and figures:
Certification name
Certified Six Sigma Black Belt (CSSBB)
Prerequisites and required courses
Two completed projects with signed project affidavits or one completed project with a signed affidavit (depending on experience level)
Three years of experience in one or more areas of the Six Sigma Body of Knowledge
Certified Six Sigma Green Belt (CSSGB) is ASQ’s professional-level credential targeting experienced Six Sigma practitioners. Often, a CSSGB works under the direction of the more senior CSSBB or as an assistant. CSSGBs identify issues and drive quality and process improvements in projects.
To earn the credential, candidates must meet the following requirements:
They must have at least three years of experience working with Six Sigma processes, systems and tools.
The work experience must have been full-time and compensated. (An unpaid internship, for example, doesn’t count.)
The work performed must have been in at least one of the Six Sigma Green Belt Body of Knowledge competency areas.
Candidates must pass an exam that tests their knowledge of the Six Sigma Green Belt Body of Knowledge.
Currently, the Green Belt Body of Knowledge includes six competency areas:
Overview: Six Sigma and the Organization (organizational goals, Lean principles, design for six sigma methodologies)
Define Phase (project identification, voice of the customer, project management basics, management and planning tools, business results for projects, team dynamics and performance)
Measure Phase (process analysis and documentation, probability and statistics, statistical distributions, collecting and summarizing data, measurement system analysis, process and performance capability)
Analyze Phase (exploratory data analysis, hypothesis testing, additional analysis methods)
Improve Phase (design of experiments, implementation planning, Lean tools)
Control Phase (statistical process control, sustain improvements, Lean tools for process control)
Overall, this is an excellent credential for those who have some experience but who are not quite ready to take on the roles and responsibilities of a Black Belt.
CSSGB facts and figures:
Certification name
Certified Six Sigma Green Belt (CSSGB)
Prerequisites and required courses
Three years of experience in one or more of the Six Sigma Green Belt Body of Knowledge areas; must be a full-time paid position (not internships)
Project resource management is an element of overall project management. It aims to maximize resources to avoid resource shortages and excess resources.
Thu, 09 Nov 2023 10:01:00 -0600entext/htmlhttps://www.businessnewsdaily.com/10762-best-project-management-certifications.htmlMBA in Project Management Online
Register By: December 02Classes Start: December 04
MBA in Project Management Program Overview
Meet the growing demand for project leaders and couple your MBA with a project management concentration with the Master of Business Administration in Project Management from Southern New Hampshire University. Learn what it takes to plan, monitor, measure and adapt a project from start to finish, and enroll in a rigorous MBA program that fits right into your life.
A project manager's job is to keep projects and people on track, and the field of project management is growing as more companies move to project team-based business models. Our MBA is all about understanding and optimizing the functions of a business. The project management MBA builds a strong foundation of management skills, and you can apply these skills to leadership roles across a variety of industries, including construction, healthcare, IT development, manufacturing and more.
Students in this program have the opportunity to take QSO-645: Project Management for PMP® Certification, which upon successful completion awards them the 35 hours of project management education required to sit for the Project Management Professional® (PMP) certification exam. It's important to note that instructors of this course have completed the PMI® Authorized Training Partner Train the Trainer – PMP's exam prep program. This program equips SNHU faculty with the authority to deliver PMP exam prep and training content to PMI’s quality standards.
SNHU’s MBA in Project Management is one of the most affordable MBAs in the nation and can be completed in just over a year.
Career Outlook
With an MBA in Project Management online from SNHU, you can develop the skills and experience you need to capitalize on the growing demand for qualified project managers.
PMI® expects the number of project management jobs to skyrocket: It cites that the global economy will need 25 million new project professionals by 2030.1 Earning potential for project management workers is also strong – particularly for workers with the PMP certification. A 2021 PMI survey found that PMP-certified workers earned 32% more than those without certification.1
However, job growth and earning potential for project management careers will vary depending on the career you pursue with your project management MBA.
Understanding the numbers When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, geographic location, worker skill and economic conditions. Cited projections do not certain actual salary or job growth.
The project management MBA offers a unique mix of project management skills and broad-based business knowledge that can help you stand out in this growing field.
“This degree will not only prepare you to carry a project management certification but it provides you the business acumen to put those project skills to work with any industry and any project model environment,” said Gina Cravedi '18, SNHU’s director of student experience operations, an MBA graduate and certified Project Management Professional (PMP).
Not sure you want to work as a project manager? The skills gained in a project management MBA can help you develop key leadership and career skills that enhance any business management position.
Earning an MBA in Project Management gave Dara Edge '15 new tools to support her career. During her time as a social media community manager, Edge managed engagement on her employer's social media channels and worked with teams from across the organization to analyze community engagement data.
Edge said her MBA program helped develop the strong critical analysis and communication skills needed for this role.
What SNHU Students Are Saying
Dara Edge '15
“You have the ability to use the degree in so many different ways — whether you want to work in the project management field, work in management, or if you want to learn how to manage projects in general. You’ll always be able to use the skills and knowledge that you’ll learn in the program.”
Courses & Curriculum
The MBA in Project Management online combines theory with practical application. You can graduate with a set of tools that complement today's tech-intensive workplace.
In the updated curriculum, you'll engage in scenario-based learning opportunities, allowing you to complete activities and individually graded group work based on solving real-world business problems. This type of learning offers hands-on learning experience in your online classroom that mimics real-world work settings and challenges.
Taught by professors with many years of business experience, your courses will focus on how to lead a project from start to finish – smoothly. You’ll learn how to define the scope of a project, develop a project timeline, and identify costs and resources.
Project management learning will be supported by the MBA core curriculum, which focuses on all aspects of business leadership, including:
Building Business Leaders
Applied Business Statistics
Leading People and Organizations
Optimizing Brands
Leading Organizational Change
And more
Your project management degree courses will focus on the tools, processes and strategies used to successfully hit the goals of any big project.
You’ll learn how factors like scope, time, cost, quality, risk, resources and communication impact a project. You can apply this learning to real-world case studies to gain key decision-making experience. And you’ll get hands-on practice using manual and technology-based tools to start, plan and control projects.
In SNHU's MBA program, you can take advantage of benefits like:
Embedded credentials from external partners, which supply you the option to enhance your learnings and overall marketability in the field. These include learning tools such as Power BI, MS Excel and Tableau, as well as enhancement of soft skills such as human intelligence and strategy implementation.
Fluid learning paths, which offer more flexibility in due dates as well as learning across modules with interconnected themes to draw relationships between business principles.
Group work, featuring collaborative work and discussions with classmates – with individual contributions and grades.
Multimedia, including animations for complex topics, videos featuring industry leaders sharing business insights and video communication tools.
Scenario-based learning, where you'll practice and problem-solve within real-world business scenarios – and your instructors act as mentors.
Timely resources, featuring relevant resource material from leading professional organizations and publications.
If you’re interested in seeking the PMP certification, you have the option to take QSO-645: Project Management for PMP Certification as part of your MBA program. In this course, you'll explore the professional and social responsibilities of project management. You can also get a deeper understanding of the tools and techniques you can use to plan and manage projects.
This course satisfies the education requirement of 35 hours needed to take the PMP exam. It does not certain certification or passage of the certification exam, but does get you closer to earning this key credential. You must meet all other PMP requirements, including work experience hours, in order to sit for the exam.
No matter what your goals are, an MBA in Project Management offers key leadership and career skills you can use to be successful as a project manager or business leader. These skills include:
Communication. Communicate effectively between internal team members, clients and vendors.
Critical thinking. Know how to ask questions, solve problems and make decisions.
Leadership. Be an active leader and coach for members of your project team to keep projects running smoothly.
Organization. Plan and monitor project timelines to keep projects on track.
As an add-on to your degree with minimal additional courses required, MBA students can also pursue a graduate certificate beyond the standard degree program, including a project management graduate certificate. This allows you to list another significant credential on your resume with minimal additional coursework.
Don't have a business background? No problem. Our MBA is accessible to everyone. Interested students must have a conferred undergraduate degree for acceptance, but it can be in any field. Those without an undergraduate degree in business or a related field may be asked to complete up to 2 foundation courses to get started. These foundations cover essential business skill sets and can be used to satisfy elective requirements for the general-track MBA. With foundations, the maximum length of your online MBA would be 36 credits.
Attend full time or part time. Students in the MBA have the option to enroll full time (at 2 classes per term) or part time (with 1 class per term). Full-time students should be able to complete the program in about 1 year, while part-time students could finish in about 2 years. Our SNHU students are busy, often juggling jobs, family and other obligations, so you may want to work with your academic advisor to identify the course plan that works for you. The good news is, you can switch from full time to part time and back again as often as you want.
Tuition & Fees
Tuition rates for SNHU's online degree programs are among the lowest in the nation. We offer a 25% tuition discount for U.S. service members, both full and part time, and the spouses of those on active duty.
Online Graduate Programs
Per Course
Per Credit Hour
Annual Cost for 15 credits
Degree/Certificates
$1,911
$637
$9,555
Degree/Certificates (U.S. service members, both full and part time, and the spouses of those on active duty)*
$1,410
$470
$7,050
Tuition rates are subject to change and are reviewed annually. *Note: students receiving this rate are not eligible for additional discounts.
Additional Costs: Course Materials ($ varies by course). Foundational courses may be required based on your undergraduate course history, which may result in additional cost.
Licensure and Certification Disclosures
SNHU has provided additional information for programs that educationally prepare students for professional licensure or certification. Learn more about what that means for your program on our licensure and certification disclosure page.
The Project Management Professional (PMP) is a registered mark of the Project Management Institute, Inc.
The PMI Authorized Training Partner seal is a mark of the Project Management Institute, Inc.
Thu, 13 Aug 2020 19:12:00 -0500entext/htmlhttps://www.snhu.edu/online-degrees/masters/mba-online/mba-in-project-managementPMI Survey Confirms Increased Salary Potential for Project Professionals Who Earn the Project Management Professional (PMP)® Certification
PMI Survey Confirms Increased Salary Potential for Project Professionals Who Earn the Project Management Professional (PMP)® Certification
PMP® Certification Holders Earn 33% Higher Median Salary Than Non-PMP Certified Professionals According to PMI Salary Survey, Further Raising the Appeal of Pursuing Professional Certifications
According to the survey, respondents holding the Project Management Professional (PMP)® certification reported higher median salaries than project management practitioners without a PMP certification – 33% higher on average across the 21 countries surveyed. This report is a useful resource for professionals applying for project management roles and organizations seeking to fill them as it helps define the earning power of project professionals around the world.
About two-thirds (66%) of the survey participants reported that their total compensation (including salary, bonus, and other cash incentives) increased over the 12 months before completing the survey. The data also shows a broad consensus that the PMP certification is valuable not only for salary growth but also for career development. For example, in the United States, 55% of practitioners agreed that their PMP certification has been extremely valuable to their career development. To further demonstrate these points, in this video, PMP certification holders discuss the financial benefits they have realized through earning their certifications.
The survey data shows that the median salary of project professionals varies considerably from country to country and across variables. Salary information has been converted to U.S. dollars using normal exchange rates:
The countries where project practitioners report the highest median salaries are the United States (US$120,000), Australia (US$103,789), Germany (US$99,512), United Kingdom (US$87,993), and Singapore (US$79,464).
Salary increases with higher positions in virtually all countries, but the rate of increase varies significantly. The most dramatic increases are seen in Saudi Arabia, South Africa, and The United Arab Emirates, where respondents demonstrated increases of more than 60 percent in median salary from project manager I to project manager III.
There appears to be a connection between salary and the size of projects managed, where most countries demonstrate higher median salaries among practitioners managing larger projects. For example, in Brazil, the median salary is reported to be US$26,507 when the project budget is less than US$100,000 and US$48,121 when the project budget is greater than US$10 million.
While there can be a monetary advantage to earning the PMP certification, there are other benefits, including the fact that certified project professionals are in significant demand across industries and geographies, and hiring managers are recognizing the value of industry certifications and skills-based hiring. Additionally, earning the PMP certification proves professionals have the skills needed for project success, which helps them break into an industry they are passionate about, empowering them to build a career around their passion. Maintaining the PMP certification proves professionals’ commitment to continuous learning, which is especially important as emerging technologies are becoming part of everyday business.
“This reported increase in compensation is a true recognition of the impact PMP-certified project professionals deliver in their daily work. Organizations are relying on project teams to make strategic priorities happen, and project managers are being rewarded for the pivotal skills they offer,” said Pierre Le Manh, PMP, President & Chief Executive Officer at PMI. “Earning potential is a major factor when making career choices, and organizations across the world acknowledge the depth of knowledge and expertise that PMP-certified project managers bring to the table. Becoming part of this globally recognized PMP-certified cohort sets you apart.”
A global summary report and interactive salary tool are available here. PMI members can access a more comprehensive report featuring annualized salary information for the 21 countries surveyed.
About the Report
PMI’s biennial report, “Earning Power: Project Management Salary Survey,” is an industry-leading source of data for both project practitioners and organizations who want to stay current with the salary landscape for today’s project professionals. The report is based on self-reported salary information fielded between March and April 2023 from more than 20,000 project management practitioners, bringing accuracy to the salary figures. The stratified random sampling methodology used for this study results in the ability to report meaningful compensation data for 21 countries.
About Project Management Institute (PMI)
PMI is the leading authority in project management, committed to advancing the project management profession to positively impact project success. We empower professionals to excel in project management practices through our growing global community, knowledge sharing, and best-in-class certifications—driving positive change in organizations and communities. Since 1969, our unwavering mission has been to advocate for the profession by offering life-long learning and connections to sharpen high-demand skills. Today, PMI provides professionals at every stage of their career journey with the globally recognized standards, online courses, thought leadership, events, and tools they need to succeed. With more than 300 chapters around the world, PMI members can network, find mentors, access career opportunities, and learn from peers, working together to drive greater impact. Visit us at: www.PMI.org, linkedin.com/company/projectmanagementinstitute, facebook.com/PMInstitute, and on X @PMInstitute.
Project Management Institute, PMI, and BRIGHTLINE are registered trademarks of Project Management Institute, Inc. All other trademarks are the property of their respective owners.
Tue, 07 Nov 2023 02:00:00 -0600entext/htmlhttps://www.morningstar.com/news/business-wire/20231107680202/pmi-survey-confirms-increased-salary-potential-for-project-professionals-who-earn-the-project-management-professional-pmp-certificationPMI Survey Confirms Increased Salary Potential for Project Professionals Who Earn the Project Management Professional (PMP) ® CertificationNo result found, try new keyword!PMP ® Certification Holders Earn 33% Higher Median Salary Than Non-PMP Certified Professionals According to PMI Salary Survey, Further Raising the Appeal of Pursuing Professional Certifications ...Mon, 06 Nov 2023 21:00:00 -0600https://www.businesswire.com/news/home/20231107680202/en/PMI-Survey-Confirms-Increased-Salary-Potential-for-Project-Professionals-Who-Earn-the-Project-Management-Professional-PMP-%C2%AE-CertificationPMI Survey Confirms Increased Salary Potential for Project Professionals Who Earn the Project Management Professional (PMP)® Certification
PMP® Certification Holders Earn 33% Higher Median Salary Than Non-PMP Certified Professionals According to PMI Salary Survey, Further Raising the Appeal of Pursuing Professional Certifications
According to the survey, respondents holding the Project Management Professional (PMP)® certification reported higher median salaries than project management practitioners without a PMP certification – 33% higher on average across the 21 countries surveyed. This report is a useful resource for professionals applying for project management roles and organizations seeking to fill them as it helps define the earning power of project professionals around the world.
About two-thirds (66%) of the survey participants reported that their total compensation (including salary, bonus, and other cash incentives) increased over the 12 months before completing the survey. The data also shows a broad consensus that the PMP certification is valuable not only for salary growth but also for career development. For example, in the United States, 55% of practitioners agreed that their PMP certification has been extremely valuable to their career development. To further demonstrate these points, in this video, PMP certification holders discuss the financial benefits they have realized through earning their certifications.
The survey data shows that the median salary of project professionals varies considerably from country to country and across variables. Salary information has been converted to U.S. dollars using normal exchange rates:
The countries where project practitioners report the highest median salaries are the United States (US$120,000), Australia (US$103,789), Germany (US$99,512), United Kingdom (US$87,993), and Singapore (US$79,464).
Salary increases with higher positions in virtually all countries, but the rate of increase varies significantly. The most dramatic increases are seen in Saudi Arabia, South Africa, and The United Arab Emirates, where respondents demonstrated increases of more than 60 percent in median salary from project manager I to project manager III.
There appears to be a connection between salary and the size of projects managed, where most countries demonstrate higher median salaries among practitioners managing larger projects. For example, in Brazil, the median salary is reported to be US$26,507 when the project budget is less than US$100,000 and US$48,121 when the project budget is greater than US$10 million.
While there can be a monetary advantage to earning the PMP certification, there are other benefits, including the fact that certified project professionals are in significant demand across industries and geographies, and hiring managers are recognizing the value of industry certifications and skills-based hiring. Additionally, earning the PMP certification proves professionals have the skills needed for project success, which helps them break into an industry they are passionate about, empowering them to build a career around their passion. Maintaining the PMP certification proves professionals' commitment to continuous learning, which is especially important as emerging technologies are becoming part of everyday business.
"This reported increase in compensation is a true recognition of the impact PMP-certified project professionals deliver in their daily work. Organizations are relying on project teams to make strategic priorities happen, and project managers are being rewarded for the pivotal skills they offer," said Pierre Le Manh, PMP, President & Chief Executive Officer at PMI. "Earning potential is a major factor when making career choices, and organizations across the world acknowledge the depth of knowledge and expertise that PMP-certified project managers bring to the table. Becoming part of this globally recognized PMP-certified cohort sets you apart."
A global summary report and interactive salary tool are available here. PMI members can access a more comprehensive report featuring annualized salary information for the 21 countries surveyed.
About the Report
PMI's biennial report, "Earning Power: Project Management Salary Survey," is an industry-leading source of data for both project practitioners and organizations who want to stay current with the salary landscape for today's project professionals. The report is based on self-reported salary information fielded between March and April 2023 from more than 20,000 project management practitioners, bringing accuracy to the salary figures. The stratified random sampling methodology used for this study results in the ability to report meaningful compensation data for 21 countries.
About Project Management Institute (PMI)
PMI is the leading authority in project management, committed to advancing the project management profession to positively impact project success. We empower professionals to excel in project management practices through our growing global community, knowledge sharing, and best-in-class certifications—driving positive change in organizations and communities. Since 1969, our unwavering mission has been to advocate for the profession by offering life-long learning and connections to sharpen high-demand skills. Today, PMI provides professionals at every stage of their career journey with the globally recognized standards, online courses, thought leadership, events, and tools they need to succeed. With more than 300 chapters around the world, PMI members can network, find mentors, access career opportunities, and learn from peers, working together to drive greater impact. Visit us at: www.PMI.org, linkedin.com/company/projectmanagementinstitute, facebook.com/PMInstitute, and on X @PMInstitute.
Project Management Institute, PMI, and BRIGHTLINE are registered trademarks of Project Management Institute, Inc. All other trademarks are the property of their respective owners.
Dara Edge '15