Welcome. PMIRGC Chapter Dinner Presentation January 17, 2013
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1 Welcome PMIRGC Chapter Dinner Presentation January 17, 2013
2 Happy Anniversary! This is PMIRGC s 27 th year!
3 Links to Online PDU's on PMIRGC website Study from the comfort of your own home; on your schedule MindEdge offers Exam Prep for several certifications Agile Exam Prep Risk Management Exam Prep PMP Exam Prep Course Members will receive a 10% discount on all courses
4 Guest Pass Program Are you a PMI member, but not a PMI Rio Grande Chapter member? Do you know somebody who would like to join? You are invited to join PMIRGC Chapter for the remainder of your current year of PMI membership. Please contact membership@pmirgc.org for a free guest pass
5 Future Events Agile Scrum Master Training Monday & Tuesday, Feb 4&5, 8-5pm each day Early Bird discount! $75 off if you sign up by January 25! Mark C. Layton, recognized globally as Mr. 'Agile', is an organizational strategist and PMI certification instructor with over 20 years in the Project/program management field. He is the Los Angeles chair for the Agile Leadership Network and is the founder of Platinum Edge, Inc.
6 Future Events Next Breakfast Meeting Tuesday, February 12, 2013, Albuquerque s Egg & I Facilitator: Tim Jerome, PMIRGC President-Elect Topic: Change Management Next Chapter Dinner Meeting Thursday, February 21, 2013, 6-8pm Presenter: Frank Lucero, MBA, MBB, PMP Topic: Lean/Six Sigma and Project Management
7 PMIRGC Scholarship Program PURPOSE The PMIRGC Scholarship Program has multiple purposes To foster the profession of Project Management among the membership To drive more members to be involved in the Chapter and its activities To reward members for their Project Management and community involvement To enhance the PMIRGC membership experience ELIGIBILITY Must be a PMIRGC member in good standing upon application Must be pursuing education in a Project Management related career. Must commit to volunteering on a PMIRGC committee for the coming year. Must complete and submit the Scholarship Application within the stipulated deadline. Scholarships will be $2,500 each and the number available shall be determined by the amount received through the Sponsorship Program Check newsletter and website for application dates.
8 Volunteer of the Year 2012! For the past six years, Susan has advertised PMIRGC events each month to newspapers and online business journals and calendars Susan Byrnes Thank you for helping us be successful!
9 Today s Presentation Why You Should Consider The PgMP Credential Charles Pettitt, PgMP, PMP
10 Why You Should Consider The PgMP Credential Charles Pettitt PMP, PgMP "PMI", the PMI logo, "PMBOK", "PgMP", "PMP", the PMP logo, OPM3 and "CAPM" are marks or registered marks of the Project Management Institute, Inc. in the United States and/or other nations
11 Speaker Bio Program & Project Manager for Intel Corporation; 17 years (1995-current) Portland Ore. & Albuquerque, NM Manager of Information Systems for Smith Engineering Company; 5 years ( ) Albuquerque, NM Construction Project Manager & Structural Designer for Sandia National Labs; 12 years ( ) Albuquerque, NM Received PMP September 19, 2007; Received PgMP September 22, 2009; #367 Only PgMP in New Mexico First year PgMP credential offered: 2007 Asked by PMI to participate in PgMP Exam Development Workshops New York; July, 2011 Miami; December, 2011 Married with 7 Children, 7 Grandchildren & 1 on the way Passion: Karate Instructor
12 I Think You Can All Relate..
13 Assumption: Everyone here is a PMP or very familiar with project management. What is a Program? A group of related projects managed in a coordinated way to obtain benefits and control, not available from managing them individually. Programs and projects deliver benefits to organizations by enhancing current capabilities or developing new capabilities for the organization to use. A benefit is an outcome of actions and behaviors that provides utility to the organization. PMI: The Standard for Program Management Second Edition
14 Portfolio Program Project Program Project Project Project Project Project Project Interactions Between Portfolios, Programs & Projects Example of a Program: The construction of a complex commercial building Assume each discipline is managed separately (project) Each discipline sub-contractor (foundation, electrical, plumbing, etc.) would have it s own project manager What happens if each of these projects are constructed individually w/o anyone overseeing all the projects and ensuring proper coordination? Probably a lot of change orders!
15 What is Program Management? Program management is the centralized coordinated management of a program to achieve the program s strategic objectives and benefits. Program management focuses on project interdependencies It focuses also on benefits: o Opportunities to provide advantages to organizations Increased profits, improved morale, improved operations and growth The Standard for Program Management, From My experience I ve seen: o Reduced costs, code re-use, & overall better communication
16 PgMP vs PMP Comparison PgMP Manages a group of projects that are directed toward a common organizational objective Works to ensure ultimate success of the overall program Demonstrates sufficient knowledge and experience to make decisions that advance strategic objectives Defines and initiates projects and assigns project managers to manage them PMP Responsible for leading and directing project tasks Responsible for overall project success Manages projectsto stay within specified scope, budget and timeline (managing risk and quality as well) Responsible for individual projects
17 Why You Should Consider The PgMP Credential currently or have experience as, If you re a program manager looking to demonstrate a proven ability to manage complex, multiple projects and align results to organizational goals; increase your visibility and value with your organization; and separate yourself in the eyes of employers, the PgMP credential is for you. If I was already managing programs, why not get the credential, that if it became globally recognized as the PMP is, could give me the edge I needed to be given a promotion or selected for a job over someone else. Charles Pettitt
18 Why You Should Consider The PgMP Credential As employers demand program managers that can support the strategic objectives of the organization, Program Management Professional (PgMP) credential holders will gain a distinct advantage in employment and promotional opportunities over their peers. Program Management Professional (PgMP) Credential Handbook 2012 Edition (PMI, 2012, p.4) Really? What employers are requesting the PgMP credential?
19 Why You Should Consider The PgMP Credential My philosophy Managing construction projects at Sandia Labs in the 1980s: No standard PM processes like the PMBOK Managed projects based on experience Managed stakeholders based on my interpersonal skills Bottom Line I made a lot of mistakes Managing SW development projects at Intel in the 2000s: The PMBOK became the standard for project management The PMP became the global credential standard for PMs Majority of employers require the PMP as a prerequisite for employment as a project manager.
20 Why You Should Consider The PgMP Credential I believe today, Program Management is where Project Management was in the early to late 1990s Program Management has become a globally accepted discipline (although companies differ on the definition) PMI has defined program management and offers a PgMP credential. I believe that the PgMP will become globally accepted quicker than the PMP due to PMI being accepted as the premier authority on Project Management PgMP still in it s global infancy but gaining traction Can still get in on the bottom floor Currently around 900 PgMPs globally Compared to over 500,000 PMPs
21 Why You Should Consider The PgMP Credential PMP launched in 1984 Around 1992 when PMI hit 900 PMPs (8 yrs.) PgMP pilot launched in 2007 Hit 900 PgMPs in 2012 (5 yrs.) Back to the question: What employers are requesting the PgMP credential? Currently, I believe we are at the point where many companies are looking for the PgMP credential when posting job requirements, but not necessarily requiring it. While putting together this presentation, I did a search on Monster.com and found 24 jobs identifying the PgMP credential.
22 Why You Should Consider The PgMP Credential Program Manager International Game Technology QUALIFICATIONS Bachelor's degree required. PMP certification preferred Must be motivated to acquire PMP within a year of being hired and potentially PgMP within 3 years of hire date. Program Manager SCI Consulting It is desirable that the Program Manager have the following experience and/or knowledge as an IT Program Manager: Bachelor s Degree in Computer Science, Information Systems Management, or related field. ITIL Foundations Certification. Program Management Professional (PgMP ) or Project Management Professional (PMP ) Certification
23 Why You Should Consider The PgMP Credential Vice President - Program Management Sourcefire Requirements: 15+ years proven experience in Program / Project Management 5+ years senior management experience, hiring, training, managing other Program / Project managers PMI Certifications PMP and/or PgMP Proficient in Microsoft Project and/or other Project Planning tools Project management and Planning Operations Representative Lockheed Martin Desired Skills: Ideal candidate will be a credentialed Program Management Professional (PMP), have a working knowledge of Earned Value Management (EVM) acronyms and calculations, training as a Control Account Manager, and have a minimum of six years of experience working in a business / program management position. OOPS
24 Value of the PgMP Credential in the Working World Presentation given at PMI Global Congress 2010 Authors: Jeff Hodgkinson, Sr. Program Manager, Intel Brian Grafsgaard, Director of Professional Services, QBS The authors wanted to go beyond the theoretical and provide empirical evidence albeit in the form of an informal survey of the value of the PgMP credential, supplemented by anecdotal evidence. Survey Conducted 1 Jan May 2010 Survey Sent to 246 of 413 Credential Holders 225 Credential Holders Responded (91.5%)! Responses Received from 14 Countries
25 Survey Background Goal Was to Identify: Profile of a Typical Credential Holder Cost and Sacrifice Made During Pursuit Motivation Behind the Pursuit Impact of Credential Expected Value and Benefit Received? Is Credential Recognized? The Question: Was It Worth It?
26 Results Summary Results Confirmed PMI Benefit Statements 1. Show Your Commitment to Profession 2. Recognize Your Knowledge, Skills, & Abilities 3. Reflect Achievement & Demonstrated Excellence 4. Can Lead to Greater Earnings 5. Can Lead to Career Opportunities and Advancement 6. Prepare You for Greater Job Responsibilities 7. Improve Skills & Knowledge 8. Build Self Confidence 9. Allow for Greater Recognition from Peers 10. Enhance the Profession through Ongoing Professional Development Respondents Enjoyed Exclusivity Acknowledged Challenge & Expense to Obtain Not Likely to Become Diluted
27 Results Summary cont. Value more evident in stories than numbers Earning the PgMP made me a better program manager and that translated into an increase in my value at work. That led to a bigger position, more money, more job security and more interesting work... PgMP increase the number of my clients and it gives me more confidence when I do consultation and training to my customers Compensation Higher for PgMP than PMP Program Managers often hold higher level positions and are compensated accordingly Ultimately a personal decision to pursue Respondents expected & received Softer benefits than monetary / opportunity reward
28 Actual Results Years As Practicing Program Manager
29 Actual Results Years As Practicing Project Manager
30 Actual Results Current Salary Range (USD)
31 Actual Results Motivation to Pursue Credential
32 Actual Results Elapsed Time Application to Credential
33 Actual Results Effort Required Application to Credential
34 Actual Results Cost to Attain Credential
35 Actual Results How Has Your Compensation Changed?
36 PgMP Application Process PMI requires that all PgMP credential applicants read the PgMP Handbook and agree to the ethics terms and conditions. Download from the PMI web site; (URL in backup) Unlike other PMI credentials, you must pass a sequence of three evaluations to obtain the PgMP credential. Panel Review Extensive application review during which a panel of credentialed program managers assess your professional experience. (minimum experience next slide) Multiple-Choice Exam Computer based, 170 multiple-choice questions with 4-hour limit. Primarily scenario-based. Cost: $1,500 Multi-Rater Assessment (MRA) - Similar to 360 degree review. Minimum 12 reviewers: (Self / 1 Manager / 4 Peers / 4 Direct Reports / 3 Prof. References) 74 questions relating to program management competencies You get the results
37 Minimum Experience
38 Main Resources The Standard for Program Management Provides concepts and a representative program life cycle Defines the standards for program management Must have! Purchase the Third Edition Program Management Professional (PgMP ) Examination Content Outline Defines the domains and tasks that comprise the exam Free download from the PMI web site (URL in backup) 38
39 Suggested Resources Dr. Ginger Levin Exam Prep Class On site in Albuquerque PgMP Exam Practice Test and Study Guide THIRD EDITION Ginger Levin and LeRoy Ward Purchase at Amazon or
40 Thanks To. Dr. Ginger Levin, PMP, PgMP Certified OPM3 Professional linkedin.com/in/gingerlevin And To Jeff Hodgkinson, PgMP, PMP, RMP Senior Program Manager Intel Corporation
41 Questions?
42 Backup PgMP Handbook URL gmphandbook.ashx PgMP Examination Content Outline PgMP/~/media/PDF/Certifications/PgMP_Examination_Content_Outline_2 011_sec.ashx
43 Thank you See you next month!
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