In today’s time, product management has a lot of competition. But there is one fundamental question that keeps on popping into our minds. And that is, “what is project management?”. Well, good project management aims to give customers a product or service that is better than expected.
Projects include:
- creating new software to improve corporate processes.
- constructing a new structure
- distributing relief during a natural calamity.
- A business is expanding into a new market in a different region of the world.
In this post, we will gain an in-depth understanding of project management. We will further understand the various project management tools and project management certifications. So, without further ado, let’s begin.
Firstly, let us gain a brief understanding of project management.
Project Management: What is it?
Project management ensures that all tasks required to complete a project are completed on time and within budget. Completing a project’s final deliverables takes a significant amount of time and money.
Management is an ongoing task, whereas projects have a goal and a deadline. This distinguishes project management from general management. This means that a project manager must be technically proficient, capable of leading a diverse group of people, and understand how businesses operate.
Now, let’s understand when product management is used.
Project Management: When to Use?
When a company needs to do something outside of its normal business, it begins a project. For example, it may be required to solve a problem in a specific amount of time and cost. To complete a project, a group must collaborate toward the same goal. As a result, effective collaboration is critical to project success.
Projects must bring together a group of people for a short period of time in order to achieve their objectives. As a result, effective collaboration is critical to project success. Project management aims to plan and supervise the completion of numerous tasks that can be completed independently. A variety of factors influence how the job is organized.
Following this, we must understand why product management is used.
Why is Managing a Project Helpful?
Each project’s management aims to develop a product that can help the sponsoring organization reach its goals. It involves
- Starting
- Planning
- and Running
The different tasks that need to be done to get the desired result.
In general, projects that need to be managed well are those that:
- Create a new material or immaterial object or change an existing one;
- Have a set amount of time; they must have a start and an end.
- Complicated in terms of how much work it takes or how many people are involved;
- Need to deal with how to deal with change;
- Require risk management to proceed.
There are many benefits of spending money on good project management
- helping to make the chances of success higher;
- making the most of a small amount of money;
- Meeting the different needs of the people working on the project.
At this time, we should look at the benefits of acquiring a project management certification.
Note: Always choose an authorized training partner for acquiring Project Management Certification Training.
Reasons to Acquire Project Management Certification
Universally Recognized
Having a PMP credential opens doors and earns you respect everywhere you go. No matter where you live or work, this certification can help you move up in your chosen field.
Acquire New Abilities
Getting your PMP certification will force you to keep your project management knowledge up to date. You can also expect to learn some new information that will help you right away at work as a result of taking the test.
Improve Your Project Management Skills
Studying for the PMP exam can help you become a better project manager. This could make employees happier and help them do a better job on a project.
Higher Pay Compared to Non-Certified Managers
Project managers who have the PMP certification make more money than their peers who don’t have the certification. Professionals in project management usually make 20% more than their non-certified peers.
Adds Credibility to Your Profile
The PMP certification helps because it makes you more attractive to employers. And if you’re looking for a job, having the certification can help you stand out.
Proves Your Commitment to the Role
Getting your Project Management Professional certification shows that you are serious about the field. This can help you get a better job or get promoted.
Improves Connections in the Workplace
As a Project Management Professional, you will be part of a group of experts who have the same skills as you. You can meet new people and move up in your career.
After understanding project management, you must wonder, “how do I get a project management certification.” Well, worry not; we have got you covered in this post.
Lastly, let us look at different types of project management certifications.
Read More: PMP Certification: Reasons To Choose For Career Progression
Types of Project Management Certifications
There are numerous project management certifications, each with its own area of specialization and set of requirements. The following are some of the most common certificates:
The Project Management Institute’s (PMI) Project Management Professional (PMP) certification is the most well-known and widely accepted certification in the field. However, PMI provides a number of other credentials that may be more appropriate for professionals at varying points in their careers.
Project Management Professional (PMP)
Over 10 lakh people around the world have earned their PMP certification, making it one of the most widely held and respected credentials in the field. Certification requires passing a comprehensive exam that covers topics like people management, process management, and business judgment.
There are 180 scored questions covering topics like project scope management and stakeholder engagement.
Certified Associate in Project Management (CAPM)
The Certified Associate in Project Management (CAPM) is designed for those seeking careers in project management, promotions, or simply to bolster their resumes. The CAPM is a great option for those just getting started in the field of project management because it is open to professionals at any point in their careers.
Topics like “project risk management” and “project communication management” are on the exam.
PMI Agile Certified Practitioner (PMI-ACP)
The PMI-ACP validates your skills in Agile project management, a methodology that prioritizes iterative, incremental improvements and flexibility. There are a total of 100 questions on the exam, covering topics like problem identification, solution development, and flexible scheduling.
Conclusion
There are a lot of other project management certifications, each with its focus and requirements. Choosing the proper certification depends on a person’s experience, skills, and goals for their career. You should always remember to apply for these certifications from certified providers like Education Nest.
