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PMP VS PRINCE2

Difference between PMP & PRINCE2?

The PRINCE2 and PMP certifications involve two different project management frameworks. Both offer a body of knowledge and a proven approach to managing projects effectively. Picking one over the other is a decision that is a function of various factors. The ideal choice should be based on the industry or company you are aiming to build a career in, and the type of project one is leading or directing. Both the certification programs are of equal value, albeit in different aspects of project management.

The Project Management Professional (PMP)® Certification

One of the most reputed certifications in the world for project managers, the PMP or Project Management Professional Certification is a qualification program that is offered by the Project Management Institute (PMI)®. Various industries use PMP as a standard requirement for Project Managers. Becoming a PMP empowers you to work with any methodology and in any industry. The course covers a wide spectrum of project management techniques and competencies that are necessary for any project manager, as well as increasing your earning potential. This course, administered by PMI® in the USA, has also gained popularity in Europe and Asia.

A few features of the PMP qualification include:

  • It is indicative of your proficiency in using the PMBOK® Guide, the Project Management Book of Knowledge.
  • It validates your knowledge of “generally accepted” best practices and principles of project management.

The Projects IN Controlled Environments (PRINCE2) Certification

The PRINCE2, or ‘Projects IN Controlled Environments’ certification, is a process-based project management method that offers a systematic method for delivering a successful project with clear templates, processes, and steps. The certification is both, process and project focused. PRINCE2 is administered in the UK by the APMG.

A few features of PRINCE2 are as follows-

  • It is a broad, high-level, general framework of project management principles, which means it is recommended for and implemented on just about any kind of project.
  • It has a well-laid out and standardized approach to project management.
  • It spells out the roles and responsibilities of each member of the team tasked with managing the project.
  • It divides the master project plan into Project Plans, Stage Plans, and Team Plans, which eliminates ambiguity and makes it easier to execute the project.
  • It is both project and process-focused.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Industry Demand

If you wish to get one of these certifications, it is important that you do your research before you begin to walk down one path or the other. Each of the certifications is more popular in some geographies than others, making it important to determine which of the two certifications will boost your employability. In addition, a few industry sectors prefer the PRINCE2 certification, while others prefer the PMP certification.
The PMP certification is preferred in the USA, Canada, Middle East and Australia. PRINCE2, however, is recognized in UK, Europe, and Australia.

Salary Prospects

A number of studies and surveys show that certified professionals earn much more than their non-certified peers.  Having a project management certification, especially ones like PMP and PRINCE2, signifies that an individual knows and understands the universal language of Project Management.
The PMI® Project Management Salary Survey – Seventh Edition, states that the salaries of project managers around the world continue to climb.
In the US alone, the average annual salary of a certified PMP is $105,000 per year. They earn an average of 16% more than their non-certified peers. The highest salary a PMP can earn is in Switzerland, $160,409.

The average salary for professionals with a PRINCE2 certification is $77,540.

Salary by Gender:

According to a survey conducted by the PMI®, male PMP professionals earn $105,577 while female PMP professionals earn $95,349, $10,000 less than their male counterparts

The same goes for PRINCE2 professionals. According to a Payscale.com survey, male PRINCE2 professionals earn £45,365 ($70,395) while women earn £39,002 ($60,521).

Salary by Industry:

According to a PMI® survey, the highest salary a PMP can earn is in the resources industry or in the primary sector (agriculture, mining, etc), at $120,000.

According to Payscale.com, the highest salary a PRINCE2 certified professional can earn is in the Banking industry.

Benefits to Getting a PMP vs Getting a PRINCE2

Benefits of getting the PMP certification include:

  • Better Salary Prospects: Certified PMP professionals get larger and more frequent pay raises than their non-certified peers.
  • Networking Opportunities: To obtain a PMP certification, it is recommended that you become a member of PMI®. Once you are a member, you have access to a vast network of professionals with similar qualifications. These contacts can prove crucial in helping you land a project management job.
  • Better Employment Prospects: As the world’s most popular project management certification, the PMP credential is recognized and trusted by employers worldwide.

Benefits of getting the PRINCE2 certification include:

  • Exhaustive Body of Knowledge: The PRINCE2 body of knowledge equips credential-holders with the tools to analyze a project from all angles, ensuring its viability before it is initiated. Factors like user requirements and potential risks are taken into consideration ensuring that a project that is bound to encounter hurdles is nipped in the planning stages.
  • Well Laid out Methodology: A lot of time and resource usage is saved during the completion of a unique project since the certification has a clearly laid out methodology.
  • Standardization: Confusion in project execution is eliminated since the same, standard approach is used throughout, with common filing systems, procedures, and documents.
  • Improved Salary and Better Employability Prospects: There is a higher chance of landing a better job that pays well, in countries like the United Kingdom. Your employer is provided with enough justification of your skills to give you a pay raise.
  • Driven by Business Case: PRINCE2 requires users to self-assess and provide updates on business cases at defined points to ensure that a project will deliver value to the organization and its customers. Failure to do so will eliminate the justification for the continuity of the project.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

The Exams

With a total of 200 questions, the PMP exam lasts four hours and is split into the areas of Project Initiation, Project Planning, Project Execution, Monitoring and Controlling, and Project Closing. Within these five larger domains are a multitude of other skills like risk identification, quality management, change management, materials management, and much more.
The PRINCE2 Foundation exam tests the individual with 75 multiple choice questions, for 60 minutes. Out of the 75 questions, 5 are a trial based and not counted during the scoring process.

The Practitioner exam is an objective, scenario-based paper. The individual is tested based on 9 questions with a time limit of 2.5 hours.

Prerequisites

There is a set of prerequisites that one will need to meet to take up the PMP exam.

  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 7,500 hours leading and directing projects
  • 35 hours of project management education

OR

  • A four-year degree
  • 4,500 hours leading and directing projects
  • 35 hours of project management education

There are no defined pre-requisites for the PRINCE2 exams. However, it is recommended that you have some project management experience and formal training before you sit for the exam.The Practitioner exam will require you to have passed the Foundation exam.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

The Exam Cost

The cost of PMP exam – through a little expensive – is well worth the investment. For members of the PMI®, it is $405, while for non-members it is $555.

The cost of the PRINCE2 to exam varies according to the region you are taking the exam in.

Maintaining your Credential

To maintain the PMP certification, you will need to attain 60 PDUs or Professional Development Units, every year.

The PRINCE2 Foundation exam needs no renewal. The Practitioner exam, however, is valid for 5 years, after which it will become invalid. Professionals will have to complete and pass the PRINCE2 Re-registration examination 3-5 years following their previous practitioner exam.

Is it advisable to do both?

Many people view the PRINCE2 and PMP certification as different, which is why there is a battle between the two certifications.

The PMP is related to the knowledge and skills necessary to attain successfully manage a project and its delivery.

PRINCE2 is focused mainly on the processes and the framework to successfully execute the project.
Therefore, it is advisable that you do both of these certifications as it helps in the development of the professional’s all around Project Management skills.

There may be a few drawbacks to this-

  • Conflicting language: The two courses use different terminologies, which can be confusing at first. For example, project charter in PMP is what is known as project brief in PRINCE2.
  • Different Techniques: Some techniques differ vastly, such as the categorization of risk.

Conclusion

The certification you choose should depend on your job prospects and the region you are working in. PMP and PRINCE2 are not competing for credentials in all regions. A professional would benefit from the skills and knowledge that both of these certifications offer.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

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Boost your career with Project Management skills

In recent years, use of the term ‘Project Management’ has increased manifold. Project Management skills are most commonly understood as being a tool that is utilized to define, plan, and execute a series of steps & processes to create something that can be of some help in the future. However, the utility of project management as a technique for personal development is often ignored.

As with our professional life, there are occasions in personal life that warrant deployment of project management skills in order to successfully complete tasks. Getting yourself acquainted with few project management skills will help you overcome obstacles that may have seemed insurmountable.

This article runs through the most important project management skills & offers tips on effectively applying them at work as well as in personal life.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Communication

Project managers need to communicate on a daily basis, whether in meetings, calls, or emails. It is believed that successful project execution depends heavily upon the project manager’s communication skills. If you don’t know how to interact with your team effectively, you will be unable to monitor the progress of a project. Effective communication with clients to better understand their needs is important, as projects would otherwise never take off the ground! Maintaining open, regular, and accurate channels of communication with everyone in your team is essential for proper flow of instructions from the customer to the staff who will execute. This will also help in making changes to the plan if any warnings or risks are encountered.

Effective communication with clients to better understand their needs is important, as projects would otherwise never take off the ground! Maintaining open, regular, and accurate channels of communication with everyone in your team is essential for proper flow of instructions from the customer to the staff who will execute. This will also help in making changes to the plan if any warnings or risks are encountered.

In your personal life, communication is the basis of any successful relationship. An inability to express yourself properly will lead to serious problems on the domestic front. Listening is also an important part of communication. Though technology has opened up new options for communication, it is always better to have face-to-face conversations with people around you.

4 Ways PMP or PRINCE2 Will Help You Get An Amazing Job

Time management

Time management is on everyone’s to-do list at the start of a project. Every task in a project is time-bound and if not kept under check, tasks can exceed their allotted time frame, & bloat budgets. Time management is, therefore, at the very top of the list of project management skills. Avoid having too many meetings (that are sometimes unnecessary), many casual office conversations, micro-management, conflicting priorities, & work overload. Eliminating these, as well as delegating responsibilities effectively, overcoming procrastination, making quick decisions, having effective meetings, will make you manage your office time better.

In your personal life, you will face situations when you are left with no time to complete key tasks. Thus, time management is important in your life as well. Creating to-do lists, focusing on one task at a time, maintaining work discipline, avoiding rushing with work –these simple rules will help you manage your time better.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Organize

Human psychology is such that if there are too many tasks at hand, the brain generally tends to lose its way in accomplishing these tasks. That’s precisely why project managers need to organize their work better; else they will have a situation in hand!

Even on the personal front, it is very difficult to complete tasks if you are not organized. In order to organize work, your thoughts need to be organized. You need to have a routine set in your mind and follow it accordingly.

The best way to do so is by listing down all the big, important tasks. Then break these tasks down into smaller chunks and try to successfully complete each of these tasks, one after the other. This way, you will have a clear idea of the tasks in hand, and can easily delegate tasks to others at work. In personal life, you can begin with one task at a time, and keep a checklist to track the completed ones.

7 Reasons you need a PMP certification

Problem Solving

Project managers come across problems with each project, on a daily basis. It is observed that by building problem-solving practices into the projects that you manage, you ensure your team promptly deals with the problems. Being a go-to person for identifying problems and solving them is a plus for project managers.

At your workplace, you need to perform a root-cause analysis of the problem. This will not only expose the current problem but also highlight other issues linked to it. Once the root cause is understood, the next step is to evaluate all possible alternatives and then arrive at a solution. Once you find the solution, evaluate if the problem occurred due to the process that is in place or due to error on the part of a team member. Find relevant solutions in both the cases.

In your personal life as well, you will encounter problems that have a knock-on effect. You need to find quick, practical, and creative solutions for the problems that you have encountered. There is no right or wrong way of solving a problem. It is just a matter of making things right. Problem-solving skills will help you develop composure, self-esteem, and self-confidence.

Teamwork

Being a team player is important, irrespective of the role that you are in. And being a project manager, having good team dynamics will help you in the long run. Tasks cannot be kept pending for a long time, and working as a team will help you achieve those targets smoothly. Also, while delegating work to team members, bonding among team members helps a lot. Work doesn’t suffer while working as a team. Team members will have limited workload as the work is shared among everyone.

In your personal life, when organizing events like weddings, parties, and even get-together, working as a team always gets the job done quickly, & also helps in building long-lasting relationships.

Budgeting

One of the key factors to achieve success in a project is getting the budgeting right, and, in turn, achieving client satisfaction. As a project manager, you must closely monitor daily budgets, timelines, and resources to ensure the project budget doesn’t blow up.

Therefore, it is essential to maintain a tracker that will keep you updated with the project status at any given time. If you are new to the role of project manager, you will have to carefully allocate budgets to all the sub-tasks in the project.

Good budgeting skills will help you keep track of personal expenses and income. You will be in a better position to utilize your resources and may even end up saving some money for a rainy day.

Conclusion

With the few project management skills explained managing projects become a little easier. If we didn’t mention any project management skills please feel free to include it in your comment. Looking forward to learning from you too.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

PRINCE2 Certification

Top 8 reasons to get a PRINCE2 Certification

Considering investing time, effort, and money in a PRINCE2 Certification, to launch a career in Project Management? Read on for a list of the top ten reasons why thousands of professionals the world over take up the PRINCE2 Certification exams, every year! PRINCE2 which in full is Projects in Controlled Environments is a project management method for managing projects of any type and size.

PRINCE2 Certifications are among the most popular Project Management certifications across the world. PRINCE2 is the world most popular project management certification with 1 million exams taken globally. Although PRINCE2 is most popular in the UK, the qualification is increasing in popularity in other regions of the world.

There are many reasons to do a PRINCE2 certification. Some are obvious, others are not and sometimes it’s just a requirement from an employer to get certified in PRINCE2.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Here’s a list of 8 oft-quoted reasons to do a PRINCE2 certification:

1. Build Upon And Improve Your Project Management Skills

The main reason also confers the most obvious benefit: a much-improved Project Management skill set.
With PRINCE2 training, a professional learns and begins to deploy better, more efficient Project Management skills.

You’ll learn the methodology, terminology, framework, common systems, and procedures used by a large number of project managers, and learn all the skills needed to successfully plan, initiate, monitor, manage, and execute projects. PRINCE2 certified professionals generally follow a methodology that is an alternative to PMP, and knowledge of both sets of best practices grants them greater flexibility and versatility.

2. PRINCE2 is More a Methodology than an Instruction Manual!

Unlike other Project Management certifications ( i.e. PMP, IPMA ) PRINCE2 lays greater emphasis on the set of Project Management principles it encompasses than upon following an instruction book with a rigid set of rules.

As a technical reference guide, it explains all processes and stages of a project and the roles and responsibilities associated with it. It will not tell you how to micromanage the next task in your project but will make sure you really understand all project principles and processes and how to manage them. With this, you will be able to easily tailor all your PRINCE2 projects to suit your needs and closely oversee all the projects you manage.

3. Easy to  Start!

When choosing a certification, the time commitment to study and prepare, the costs involved, and the disruption it introduces into other areas of your professional life are crucially important factors to consider. PRINCE2 offers the unique advantage that you can start by preparing for the PRINCE2 Foundation exam only. This means that you can do a real Project Management certification without committing yourself to a huge amount of training time and high costs.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Also, while doing the PRINCE2 Foundation certification, you will get a full overview what to expect when you decide to continue with the PRINCE2 Practitioner certification and beyond.  This makes the early phase of launching a Project Management certification career significantly easier.

4. You Get A Certificate In Hand Sooner Than With Most Other Exams!

Once you have completed the training, all you need to do is take the exam with your training provider or take a public exam. There is no time consuming and complicated registration processes and no audit process of your application is needed, like it is, for example, when applying for the PMP exam.

5. PRINCE2 Certified Professionals Earn The Big Bucks!

PRINCE2 certified project managers earn an average salary of over GBP50,000 and are among the most prized professionals in Europe.

6. Your Certification Carries Global Recognition

Your PRINCE2 certification is globally recognized. Developed in the public IT sector under the supervision of the UK government, PRINCE2 is today the de facto Project Management standard in many parts of the world. Governments, public and private sector companies all over the world are using it today, and its popularity continues to grow around the world, including in the USA, Asia, and Africa.

7 Reasons you need a PMP certification

AXELOS Ltd., which is the body that owns the rights to the PRINCE2 certification, issued a white paper in 2009 called “Using PRINCE2 to Manage US Federal Government IT Projects ” to support the increasing demand in US organizations. So this certification gives you the option to take on project work internationally.

7. PRINCE2’s Take On Project Management Sits Better With Many Organizations!

Unlike in other Project Management certifications, the project manager in PRINCE2 is not the sole hero and superstar of the project. Roles and responsibilities in PRINCE2 projects are clearly defined and shared within the project organization. So even if the Project Manager obviously always plays an important role in a project’s success or failure he is not the only one to blame if things go wrong within a PRINCE2 project.

Besides, the shared roles and responsibilities in a PRINCE2 project support its success and minimize the chances that a project will fail.

8. With PRINCE2, You Are Not Limited To ANY Single Industry

As PRINCE2 is a Project Management methodology, it is not tied to any specific industry or organization type. You can use it in any type of organization, in any industry and in projects of any scale. This expands your possible areas of project work widely.

Conclusion

If you have just started out in your project management career or you are looking to pursue Project Management, then the PRINCE2 certification will add tremendous value to your resume.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

PMP Certification

7 Reasons you need a PMP certification

Project Management Professional (PMP Certification) is a globally acknowledged professional certification in project management that validates a professional’s education and experience in project management. This coveted credential is offered by the reputed Project Management Institute to professionals who qualify in the PMP Exam conducted by the PMI. PMP is one of those credentials whose reputation precedes them. Nevertheless, here’s a few reasons you should consider getting a PMP Certification.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Reason #1: PMP is a globally acknowledged certification

PMP is recognized and sought-after the world over (there are more than 450k PMP certified professionals worldwide – Source) Clearing PMP exam and achieving a PMP Credential would thus help a professional showcase their skills and expertise to potential global employers.

Reason #2: PMP leads to a steep hike in salary

PMP holders witnesses a dramatic and steep hike in salary, with the certification. On average, PMP certified professionals earn 17% more than their non-certified counterparts, according to the Project Management Salary Survey, Eighth Edition.

Further, new research from the Project Management Institute, suggests that 71% of project managers saw an increase in compensation over the last 12 months.

PMP certified professionals earn a median salary of $110,000 a year.

Reason #3: PMP Greatly Expands Your Market Reach and Scope

Holders of the Project Management Professional certification from a global close-knit community, with a plethora of Project Management fora, discussion boards, and online communities attracting PMP professionals from across the world, willing to share tips, insights and pool their experience, thus staying abreast of latest developments and trends in the industry.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

Reason #4: PMP Have Better Job Opportunities

According to a PricewaterhouseCoopers survey, 80% of high-performing projects use PMP credentialed project managers, and, according to the PMI Pulse of the Profession study, organizations with more than 35% PMP certified project managers demonstrated much better project performance.

Thus, PMP Certification opens up better career avenues and provides professionals with greater job opportunities in the project management world.

Reason #5: PMP Professionals Get the Most Challenging Projects

PMP Certification earns a professional challenging and important industry since it demonstrates one’s dedication towards project management and showcases required knowledge and experience to handle challenging projects.

Besides, as the PMP Exam eligibility criteria include both education and experience for project managers, a PMP Certification validates one’s skills and experience leading and directing projects.

Reason #6: PMP Professionals Have Enhanced Project Management Skills and Demonstrate Better Project Performance

Not all Project Managers are PMP certified and, consequently, project managers who lack the credential perform less efficiently than their certified peers. The standards for the rigorous PMP exam are higher than other PM certifications, and it tests professionals on all five project management processes – initiating, planning, executing, monitoring & controlling and closing, providing the Project Manager with a detailed, standardized, actionable set of project management best practices drawing from all five processes.

Top 8 reasons to get a PRINCE2 Certification

Further, a professional needs to be aware of all nine knowledge areas of project management, including project scope management, integration management, human resource management, time management, cost management, quality management and procurement management, with in-depth knowledge in order to qualify for the PMP Exam.

This enhances their project management skills immensely and allows the project manager to tackle all manner of projects with consummate ease.

Reason #7: Greater Visibility To Recruiters and Utility Across Industry

Research across industries suggests that organizations prefer hiring PMP certified project managers to their non-credentialed peers. PMP certification is a standard that demonstrates a professional’s expertise in project management and it immediately catches a recruiter’s eye, during profile evaluation.

PMP is an ideal bet for all project managers in various professional fields, including IT, telecom, business processing, commerce, finance, research, and more.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

PMP

4 Ways PMP or PRINCE2 Will Help You Get An Amazing Job

Having certifications on a resume is seen as a huge advantage for candidates and recruiters alike, today. An increasing number of candidates has started enrolling for certification courses (such as PMP. PRINCE2 etc) to spice up their resume, add immense value, demonstrate proof of their commitment, and set themselves apart from their peers so hiring companies would prefer their resumes to noncertified professionals.

The principal draw of a PMP or PRINCE2 continues to remain the high salaries it offers. Aside from the salary factor which is a key factor also mentioned, what else can a PMP or PRINCE2 certification do for you? Can it guarantee a job in this highly competitive world?

Are you looking to take up the PMP or PRINCE2 certification, but have these questions running through your head? Read on as we answer all your queries, and put your doubts to rest!

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

1. The PMP or PRINCE2 Makes your Resume More Attractive

Because the certification is universally recognized, there are certain prerequisites that one must fulfill to attain the certification. Attaining these prerequisites is something that is held in high regard by most employers because it takes time, effort and commitment.

If you have just started out in your project management career or you are looking to pursue Project Management, then the PRINCE2 certification will add tremendous value to your resume.

If you are already in the field of project management and have all the necessary experience with a proven track record of your work, a PMP certification will take your career to the next level.

The reason is that most often recruiters use the certification to narrow down their candidate pool. Industries value these certifications because of its ability to adhere to the strictly defined processes and the skills that are possessed and put to use while overseeing regulated and sensitive projects.

2. The Certifications Imparts Knowledge Of A Common Global Language

In addition to improving your job prospects, PMP or PRINCE2 training helps you acquire proficiency in the global standard language of Project Management that registers with executives and fellow project managers. Prior to PMP or PRINCE2 training, there may be aspects that a candidate cannot clearly articulate, say, for instance, the project goals, the resources that are necessary, the assumptions being made, the risk taken, and the constraints stakeholders are operating under.

PMP or PRINCE2 training provides a solid, time-tested framework that helps in effectively conveying all of these. Once a candidate has the proven ability to solve these problems, they automatically become preferable to an employer than a candidate that may have the skill but no proof on paper.

Knowing the common Project management language makes it easier to communicate with clients and vendors on a level playing field.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

3. The Demand for Certified Project Managers

As long as human enterprise exists, Project Managers will remain in high demand. A survey conducted by Enterprise Agile Coach, Flow Trainer, and PMO Optimizer, Andrew Kallman, on Simplyhired.com, indicates that there are more project manager jobs in the market than there are for other management jobs.

The Anderson Economic Group has predicted that each year, there will be 1.2 million project management roles that will be filled. The market is much stronger in the IT sector. A survey conducted by ComputerWorld shows that 40% of the IT executives have declared that they intend to hire Project management professionals.

Between 2010 and 2020, 15.7 million new project management roles will be created globally, and the project management industry is slated to grow by $6.61 trillion. An expected 12% growth in demand for project management professionals will result in almost 6.2 million jobs by 2020.

Business services (2 million jobs) and Manufacturing (630,000 jobs) supported the greatest number of project management roles in 2010. Business services and healthcare are expected to lead job growth between 2010 and 2020. The healthcare industry is projected to increase project management roles by 30% — a higher growth rate than any current project intensive industry.

The method used to handle projects is a constant change so much so that any company that is handling projects will need formal and standard project management methods to be applied. Added to this, the number of projects whether small or large is increasing by the day, regardless of any economic downturn. Taking these two reasons into account, the demands for project management professionals will continue to remain very high for a long time to come.

Join the list of people to get our PMP/PRINCE2 training for almost freeClick here to register now.

4. The Average Project Manager’s Salary

For entry level, the average yearly salary is estimated at $54,953. And as you advance in experience the average pay increases drastically. For instance, if you are managing a small and low-risk project average pay is $65,818. Another project that is medium sized and has moderate risk gets a take-home of $81,520 while managing large and highly integrated project gets up to $103,047

On average, it takes 7 years in the profession to go from entry-level to managing large, complex projects.

Conclusion

Taking into account all of the points mentioned above, a PMP or PRINCE2 certification is definitely worth considering.

Employers sift through resumes for hours to find the perfect candidate. It is not always easy as they get bucket loads of resumes that are completely irrelevant. In a dog-eat-dog employment market, it is important to set yourself apart from your peers and competitors, and the key to getting noticed with any of these two internationally recognized Project Management certification PMP and PRINCE2.

Join the list of people to get our PMP/PRINCE2 training for almost free. Click here to register now.