Overview Guide to PMI Certifications. Rev B Philips Excellence Project Management Practice
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1 Overview Guide to PMI Certifications Rev B Philips Excellence Project Management Practice
2 Target Audience The Overview Guide to PMI Certifications slide deck is intended provide a general understanding of each Project Management Institute (PMI) Certification. For detailed information on each of the certifications please refer to the Type of Certifications section of the PMI website. 2 Philips Excellence Project Management Practice Rev B
3 PMI Administers Eight PMI Certifications Certification # Certified Since PMP Project Management Professional 648, CAPM Certified Associate in Project Management 27, PgMP Program Management Professional 1, PfMP Portfolio Management Professional 191 Q PMI-ACP Agile Certified Practitioner 7, PMI-PBA SM Professional in Business Analysis 234 Q PMI-RMP Risk Management Professional 3, PMI-SP Scheduling Professional 1, Figures as of 31 January Philips Excellence Project Management Practice Rev B
4 Definition / Who Should Apply PMP CAPM PgMP PfMP PMI-ACP PMI-PBA PMI-RMP PMI-SP Certification Definition Recognizes competence of an individual to perform in the role of a project manager, specifically experience in leading and directing projects. Recognizes a demonstrated understanding of the fundamental knowledge, processes and terminology as defined in the PMBOK Guide. Recognizes demonstrated experience, skill and performance in the oversight of multiple, related projects that are aligned with organizational objectives. Recognizes the skill needed for the management of one or more portfolios of projects, programs, or operations to achieve organizational objectives. Recognizes knowledge of agile principles, practices, and tools and techniques across agile methodologies, not simply limiting a practitioner to one agile approach. Highlights ability to work with stakeholders to define their business requirements, shape the output of projects and drive successful business outcomes. Recognizes knowledge & competency in the area of assessing and identifying project risks along with plans to mitigate threats and capitalize on opportunities. Recognizes demonstrated knowledge and competency in the specialized area of developing and maintaining the project schedule. You Should Apply if You: Responsible for all aspects of a project for the life of a project Lead and direct cross-functional teams to deliver projects within the constraints of time, budget and scope Provide subject matter expertise (e.g. finance, marketing) Serve as project sponsors, facilitators, liaisons, or coordinators Manage programs that contain complex activities that span functions, organizations, geographic regions or cultures Execute the portfolio management process Focus on ensuring an organization is investing resources in the right work to enhance org. strategy and objectives Have experience leading or working on agile project teams or with agile methodologies Have training in agile practices Conduct business analysis activities for projects and programs Have responsibility for managing requirements for projects and programs Have expertise in risk management Have expertise in project scheduling 4 Philips Excellence Project Management Practice Rev B
5 Professional Education / Work Experience Professional Education (contact hours) Professional Work Experience PMP CAPM PgMP PfMP PMI-ACP PMI-PBA PMI-RMP PMI-SP 35 hours in project management With bachelor s degree or global equivalent: minimum three years (4,500 hrs) spent leading and directing projects within the last eight years Minimum of a high school diploma, associate degree or global equivalent: At least 23 hours of project management education without professional work experience. Or At least 1,500 hours of professional experience on a project team without project management education N/A N/A Minimum 21 hours in agile practices 35 hours in business analysis topics Bachelor s degree or global equivalent, minimum 30 hours in project risk management Bachelor s degree or global equivalent, minimum 30 hours in project scheduling With bachelor s degree or global equivalent: minimum four years (6,000 hrs) of project management AND four years (6,000 hrs) program management experience within the last 15 years With bachelor s degree or global equivalent: minimum 4years (6,000 hrs) of portfolio management experience AND 8 years of professional business experience within the last 15 years 2,000 hours working on project teams within the last five years AND 1,500 hours working on agile project teams or with agile methodologies within the last three years. With bachelor s degree or global equivalent: minimum three years (4,500 hrs) of business analysis experience AND 2,000 hours working on project teams within the last eight years With bachelor s degree or global equivalent: minimum 3,000 hours of work experience in project risk management within the last five years With bachelor s degree or global equivalent: minimum 3,500 hours of work experience in project scheduling within the last five years 5 Philips Excellence Project Management Practice Rev B
6 Exam Info / Exam Fee Exam Info Exam Fee (June 2015) PMP CAPM PgMP PfMP PMI-ACP PMI-PBA PMI-RMP PMI-SP 4-hour, 200-question, multiple-choice exam 3-hour, 150-question, multiple-choice exam Evaluation 1: Panel review. Evaluation 2: 4-hour, 170-question, multiplechoice exam Evaluation 1: Panel review Evaluation 2: 4-hour, 170-question, multiplechoice exam 3-hour, 120-question, multiple-choice exam 4-hour, 200-question, multiple-choice exam 3.5-hour, 170-question, multiple-choice exam 3.5-hour, 170-question, multiple-choice exam PMI member: US $405 ( 340) Non-member: US $555 ( 465) PMI member: US $225 ( 185) Non-member: US $300 ( 250) PMI member: US $800 ( 655) Non-member: US $1,000 ( 815) PMI member: US $800 ( 655) Non-member: US $1,000 ( 815) PMI member: US $435 ( 365) Non-member: US $495 ( 415) PMI member: US $405 ( 340) Non-member: US $555 ( 465) PMI member: US $520 ( 430) Non-member: US $670 ( 555) PMI member: US $520 ( 430) Non-member: US $670 ( 555) 6 Philips Excellence Project Management Practice Rev B
7 PMP Definition Project Management Professional: The PMP certification recognizes competence of an individual to perform in the role of a project manager, specifically experience in leading and directing projects. You Should Consider Applying If You: Are responsible for all aspects of a project for the life of a project Lead and direct cross-functional teams to deliver projects within the constraints of time, budget and scope Professional Education Professional education (contact hours) 35 hours in project management Exam Info: 4-hour, 200-question, multiple-choice exam Professional Work Experience With bachelor s degree or global equivalent: minimum three years (4,500 hrs) spent leading and directing projects within the last eight years With high school diploma or global equivalent: minimum five years (7,500 hrs) spent leading and directing projects within the last eight years Fees: PMI member: US $405 ( 340) Non-member: US $555 ( 465) 7 Philips Excellence Project Management Practice Rev B
8 CAPM Definition Certified Associate in Project Management: The CAPM certification recognizes a demonstrated understanding of the fundamental knowledge, processes and terminology as defined in the PMBOK Guide that are needed for effective project management performance. You Should Consider Applying If You: Provide subject matter expertise (e.g. finance, marketing, customer care) Serve as project sponsors, facilitators, liaisons, or coordinators Professional Education - Professional Work Experience Minimum of a high school diploma, associate degree or global equivalent: At least 23 hours of project management education without professional work experience At least 1,500 hours of professional experience on a project team without project management education Exam Info: 3-hour, 150-question, multiple-choice exam Fees: PMI member: US $225 ( 185) Non-member: US $300 ( 250) 8 Philips Excellence Project Management Practice Rev B
9 PgMP Definition Program Management Professional: The PgMP certification recognizes demonstrated experience, skill and performance in the oversight of multiple, related projects that are aligned with organizational objectives. You Should Consider Applying If You: Manage programs that contain complex activities that span functions, organizations, geographic regions or cultures Not applicable Professional Education Exam Info: Evaluation 1: Panel review Evaluation 2: 4-hour, 170-question, multiple-choice exam Professional Work Experience With bachelor s degree or global equivalent: minimum four years (6,000 hrs) of project management AND four years (6,000 hrs) program management experience within the last 15 years With high school diploma or global equivalent: minimum four years (6,000 hrs) of project management AND seven years (10,500 hrs) program management experience within the last 15 years Fees: PMI member: US $800 ( 655) Non-member: US $1,000 ( 815) 9 Philips Excellence Project Management Practice Rev B
10 PfMP Definition You Should Consider Applying If You: Portfolio Management Professional: The PfMP certification recognizes the advanced skill needed for the coordinated management of one or more portfolios of projects, programs, or operations to achieve organizational objectives. Not applicable Professional Education Exam Info: Evaluation 1: Panel review Evaluation 2: 4-hour, 170-question, multiple-choice exam Execute the portfolio management process for their organization; Focus on ensuring an organization is investing their resources in the right work work that enhances organizational strategy and objectives Professional Work Experience With bachelor s degree or global equivalent: minimum four years (6,000 hrs) of portfolio management experience AND eight years (96 months) of professional business experience within the last 15 years With high school diploma or global equivalent: minimum seven years (10,500 hrs) of portfolio management experience AND eight years (96 months) of professional business experience within the last 15 years Fees: PMI member: US $800 ( 655) Non-member: US $1,000 ( 815) 10 Philips Excellence Project Management Practice Rev B
11 PMI-ACP Definition Agile Certified Practitioner: The PMI-ACP certification recognizes knowledge of agile principles, practices, and tools and techniques across agile methodologies, not simply limiting a practitioner to one agile approach. You Should Consider Applying If You: Have experience leading or working on agile project teams or with agile methodologies Have training in agile practices Professional Education Minimum 21 hours in agile practices Professional Work Experience 2,000 hours working on project teams within the last five years AND 1,500 hours working on agile project teams or with agile methodologies within the last three years. Exam Info: 3-hour, 120-question, multiple-choice exam Fees: PMI member: US $435 ( 365) Non-member: US $495 ( 415) 11 Philips Excellence Project Management Practice Rev B
12 PMI-PBA SM Definition Professional in Business Analysis: The PMI-PBA certification highlights expertise in business analysis. It spotlights ability to work effectively with stakeholders to define their business requirements, shape the output of projects and drive successful business outcomes. You Should Consider Applying If You: Conduct business analysis activities for projects and programs Have responsibility for managing requirements for projects and programs Professional Education Professional Work Experience 35 hours in business analysis topics With bachelor s degree or global equivalent: minimum three years (4,500 hrs) of business analysis experience AND 2,000 hours working on project teams within the last eight years With high school diploma or global equivalent: minimum five years (7,500 hrs) of business analysis experience AND 2,000 hours working on project teams within the last eight years Exam Info: 4-hour, 200-question, multiple-choice exam Fees: PMI member: US $405 ( 340) Non-member: US $555 ( 465) 12 Philips Excellence Project Management Practice Rev B
13 PMI-RMP Definition Risk Management Professional: The PMI-RMP certification recognizes demonstrated knowledge and competency in the specialized area of assessing and identifying project risks along with plans to mitigate threats and capitalize on opportunities. You Should Consider Applying If You: Have expertise in risk management Professional Education Bachelor s degree or global equivalent: minimum 30 hours in project risk management High school diploma or global equivalent: minimum 40 hours in project risk management Exam Info: 3.5-hour, 170-question, multiple-choice exam Professional Work Experience With bachelor s degree or global equivalent: minimum 3,000 hours of work experience in project risk management within the last five years With high school diploma or global equivalent: minimum 4,500 hours of work experience in project risk management within the last five years Fees: PMI member: US $520 ( 430) Non-member: US $670 ( 555) 13 Philips Excellence Project Management Practice Rev B
14 PMI-SP Definition Scheduling Professional: The PMI-SP certification recognizes demonstrated knowledge and competency in the specialized area of developing and maintaining the project schedule. You Should Consider Applying If You: Have expertise in project scheduling Professional Education Bachelor s degree or global equivalent: minimum 30 hours in project scheduling High school diploma or global equivalent: minimum 40 hours in project scheduling Exam Info: 3.5-hour, 170-question, multiple-choice exam Professional Work Experience With bachelor s degree or global equivalent: minimum 3,500 hours of work experience in project scheduling within the last five years With high school diploma or global equivalent: minimum 5,000 hours of work experience in project scheduling within the last five years Fees: PMI member: US $520 ( 430) Non-member: US $670 ( 555) 14 Philips Excellence Project Management Practice Rev B
15 Maintaining PMI Certifications Credential # of PDUs Cycle PMP 60 PDUs 3 Years CAPM No PDUs Re-Take Exam 5 Years PgMP 60 PDUs 3 Years PfMP 60 PDUs 3 Years PMI-ACP 30 PDUs 3 Years PMI-PBA 60 PDUs 3 Years PMI-RMP 30 PDUs 3 Years PMI-SP 30 PDUs 3 Years Professional Development Units (PDUs) You must earn and report the required numbers of PDUs during your cycle to remain in good standing. Failure to do so will require you to re-apply and retake the examination. PDUs track career development and continuing education of certification holders PDUs are used to quantify approved learning and professional service activities 1 Hour of activity equals 1 PDU Information about updates to the maintenance program in effect 1 December 2015 can be found by clicking here. 15 Philips Excellence Project Management Practice Rev B
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