PMP® Vs PRINCE2® in UK. A professional would benefit from the skills and knowledge that both of these certifications offer. PRINCE2 apporte une vraie vision méthode, avec une organisation type de pilotage, une répartition des rôles dans le pilotage d’un projet et un découpage projet en phases avec des jalons formels de validation. PMP ® vs PRINCE2 ®: Certification Bodies. © 2020 - EDUCBA. Has a well-laid out and standardized approach to project management. The individual is tested based on 9 questions with a time limit of 2.5 hours. PRINCE2 Vs PMP – Which Certification Better? ITIL is a Framework. It is globally recognized and tests your knowledge in effective project implementation. What’s the difference between them? It primarily touches all the important aspects of the project management process including the problems associated with it. PRINCE2 vs PMP Certification, Industry Needs. Briefly, when we compare the eligibility requirements of PRINCE2® vs PMP®, we find that PMP® requires more prerequisites than PRINCE2®. Certified Associate in Project Management (CAPM) which is the junior level of PMP. PRINCE2 and PMP are useful and complementary tools in your skill set – they don’t compete. Different training centers charge differently for offering their services. The PMI and PRINCE2 certifications are the big two, and IPMA is significantly smaller. But the practitioner level certification is valid for a period of five years. PRINCE2 vs PMP : A l’heure du choix. According to a survey conducted by the PMI, male PMP®professionals in the U.S. earn $116,000 while female PMP® professionals earn $105,000, about $11,000 less than their male counterparts. The basic difference between the two exam formats is that while PMP tests your knowledge of project management, Prince2 will examine the methodologies of project management. Picking one over the other is a decision that involves several factors. Each certification is in higher demand in specific geographies, so you need to determine which of the two certifications will boost your employability. However, before enrolling in any of them, you must acquaint yourself with the specific requisites and especially the examinations; you have to qualify in the process. A PMP certified project manager salary is a little more in comparison to PRINCE2 for the same project roles. Difference Between PMP vs PRINCE2 Certification training PMP vs PRINCE2 Why one rather than the other? Make no mistake; employers will be aware of this factor. PMP® and PMI® have registered trademarks of the Project Management Institute, Inc. Program Management Professional whose responsibility is to manage a program. Any candidate, who enrols for a professional course or a certification, does so with an intention to get a higher pay. PRINCE2 is focused mainly on the processes and the framework to execute specific types of projects in controlled environments successfully. PMI offers 12 knowledge areas compared to PRINCE2’s 6 variables—costs, timescales, quality, scope, risk and benefits, so indeed one could say they are comparable. PMP certification is more focused on knowledge and skills which are important to effectively deal with a task and its conveyance whereas PRINCE2 Project Management certification is focused primarily around the procedures and the structure to effectively execute the project. One important difference and probably a point in favor of the exam is that PRINCE2 as a certification is entirely methodology-based (PMP is knowledge based and IPMA is competence-based) and is therefore easier to apply when working as a project manager. *Lifetime access to high-quality, self-paced e-learning content. ITIL: ITIL is Process based. Do not think that PMP and Prince2 are pitching against one another, but you will need both to implement your project framework. Are you confused between PRINCE2® and PMP®? 2) Certification are two of the most prestige and sought-after project management certifications for practitioners of the field. They are both recognised as the mark of a skilled, capable project manager.. Because of this, many of our clients have difficulty deciding which qualification to work towards when they first get in touch with us.. However, the number of specific hours in both the cases will surely depend upon your academic degree; that is whether you are a high school pass or a graduate. Professionals will have to complete and pass the PRINCE2® re-registration examination 3-5 years following their previous practitioner exam. It’s not an easy decision, to be sure, but worry not – we’ve done much of the hard work for you! Various industries use PMP® as a standard requirement for project managers. In most areas of the world, project management certification is a choice between these two. PRINCE2 qualifications are provided by PeopleCert on behalf of AXELOS. PMP® is controlled and administered by the Project Management Institute (PMI)®, on the other hand, PRINCE2® is regulated by AXELOS. Both offer a body of knowledge and a proven approach to managing projects effectively. However, if one talk about PMBOK Guide, you will come across more of How questions. However, it is recommended that you have some project management experience and formal training before you take the exam. I suggest to slowly get hands on experience in project management, coordination, planning actives so that you appreciate PRINCE2 / PMP best practices in delivering successful projects. Moreover, according to a report, the PMP salary is going to hike in the near future. Several certifications can qualify you to sit the Practitioner exam. PMP . The PRINCE2® Foundation exam needs no renewal. New Contacts –Expands your network when you become a member of the PMI and you will be able to talk to professionals in the industry. Both are famous, both have their own uniqueness in one way or the other. Apart from these, there will be some other topics as well which are directly associated with project management such as quality, materials, and risk management etc. Further, this preference of the certification varies from country to country. This enables you to save ample time and resources. Read on to make the right choice! We know that both PMP and Prince2 Project Management Certification have gained the reputation throughout the world arena but there are certain countries where one is preferred over the other. Improved Employment Opportunities –When you complete the PMP certification or the PRINCE2 Certification , you gain best employment opportunities as they are recognized around the globe. Eine PM-Zertifizierung ist ein Plus im Lebenslauf. Although, PMI is located in Texas US, but the course is widely carried out in other continents as well including Europe and Asia. The registration procedure of the PMP exam is very simple. PRINCE2 Vs PMPAfter having certain years of experience in handling a project or being a part of the project team, there comes a time when you have to move ahead in your career. While perusing this certification, you would gain knowledge on a number of topics such as MSP program management; portfolio and risk management, value and IT service management and much more. Therefore, it is advisable that you do both of these certifications as it helps in the development of the professional's excellent project management skills. These certifications can be used by the employers to assess your understanding on Project Management concepts and how to apply them throughout the project management life-cycle. Man sollte jedoch nicht vernachlässigen, dass diese mit z.T. No experience or degree is required for either the Foundation or Practitioner levels. However, be a little cautious while registering for Prince2 exam as you cannot do so directly at AXELOS. pmp or prince2 certificate? So that begs the question: which certification is right for you? And by the way, the accelerated training organizations are allowed to set their own prices; that’s why you see different prices in different websites. Is indicative of your proficiency in using the PMBOK® Guide, the Project Management Book of Knowledge. PMP® or Project Management Professional is a certification offered by the prestigious PMI or Project Management Institute. Also, a few industry sectors prefer PRINCE2® certification, while others prefer the PMP® certification. The PRINCE2 provides a methodology to complete to perform and complete the project. Firstly, We will check the prerequisites of PRINCE2® vs PMP®, then the exam cost of PRINCE2® vs PMP®. PRINCE2 versteht sich als Know-how-Vermittler und fordert zur Zertifizierung - im Gegensatz zu IPMA und PMI - keine vorhandene Projektpraxis. The ideal choice should be based on the industry or company you are aiming to build a career in, and the type of project you’re planning to lead or direct. PMP® is related to the knowledge and skills necessary to successfully manage a project and its delivery. I work in the project management field, should I start preparing and getting certified as PMP, or as PRINCE2 Foundation and PRINCE2 Practitioner? According to a PMI® survey, the highest salary a PMP® can earn is in the resources industry or the primary sector (agriculture, mining, etc. First of all, it can be said that it is a very elaborate and descriptive program. Divides the master project plan into project plans, stage plans, and team plans, which eliminates ambiguity and makes it easier to execute the project. However, the pay is not as much as what PMP managers get, but still you can be sure of getting lucrative income. PMP Certification Exam cost is $555 or INR 39,856. PMI and Prince2 are some of the most widely used standards in Project management circles. Continue with the article to settle on the ideal decision! The planning is done in a systematic manner and every task is done in a step by step manner. So, if you want to become a member of PMI then the membership fee is around $100. 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. Secondary degree (high school diploma, associate's degree or the global equivalent), 7,500 hours leading and directing projects, 4,500 hours leading and directing projects. You have to prepare exceedingly well to pass the exam with a good percentage. Based on the discussions so far, one can say that both Project Management Professional, as well as Prince2, is going to shoulder to shoulder with each other. The following article concentrates on two most important project management certifications; PMP and Prince2. Much has been written on Bright Hub about the Project Management Institute and PRINCE2 and their best practices and certification levels. The approach is quite a clear right from the beginning of the task. You are required to answer about 200 Multiple Choice Questions in four hours when attempting PMP and secure 62 percent marks to qualify the exams. The approach used by these certifications are well proven as per the industry norms. PRINCE2 vs PMP is the wrong question to ask. One of the most highly regarded 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®). However, if you are willing to clear the examination, then you need to emphasize a lot on the official published document ‘Managing Successful Projects with PRINCE2.’. It is a new joint venture company. PMP Vs PRINCE2: The PMP certification in recent years has become one of the most profitable and demand-driven career opportunities. To maintain the PMP® certification, you will need to attain 60 PDUs or Professional Development Units every three years. PRINCE2 vs PMP is the wrong question to ask. All three has its own uniqueness and focus with which one can take it up. Risk Management Professional again offered by PMI, Prince2 Professional regarded as the hardest of all, Prince2 Practitioner which is considered to be the most vital of all, Prince2 Foundation which is a very simple course. The PRINCE2® Foundation exam tests the individual with 75 multiple-choice questions for 60 minutes. Becoming a PMP® empowers you to work with any methodology and in any industry. However, many students aspiring to serve the IT sector do get perplexed regarding the appropriate choice of the course. Spells out the roles and responsibilities of each member of the team tasked with managing the project. The Project IN Controlled Environment Certificate is a type of program which usually focuses on technique related project management. In fact, this is often regarded as one of the vital factors for choosing a certificate course. The choice of one over the other must be based on several factors which may include your personal professional needs. By availing this certificate, you get a comprehensive knowledge about how to tackle and manage a project professionally and effectively producing optimum results in the end. One can use different methodologies and tools (e.g., agile, waterfall, PRINCE2) to implem… A project management and digital marketing knowledge manager, Avantika’s area of interest is project design and analysis for digital marketing, data science, and analytics companies. Now let us make a comparative study between Project Management Professional and Prince2 based on the following parameters. PMP and PRINCE2 certifications are certainly different from each other but they have a common goal: to improve the success of projects. Unlike PRINCE2, PMP demands commitment to your project management career. However, in case you want to know more than you can obviously refer to the PMBOK Guide and the Prince2 to make out the differences. There is always a scope of availing a higher salary if you have gained experience in this field. Today, certification seems to be the right way to move up to the higher echelons of management in an enterprise. Firstly, PMP certifications make you an eligible candidate who can expect a flourishing pay on the completion of the course. You just need to log on to PMI training center and register online after paying the fee. In the United States, a PMP certificate holder gets an average payment of $105,000 per annum, whereas Prince2 quite popular in the UK offers an annual pay of £ 50,000 which if converted to US dollars will figure around $77,500. PMP vs PRINCE2 vs IPMA: The Three Main Certifications January 18, 2019 by Bernie Roseke, P.Eng., PMP Leave a Comment Project management certification is a great way to make your career take off. There are … PMP® and PRINCE2® certifications : Definition. You need to have experience in directing the projects and also obtain project management education. On the other hand, Prince2 is more popular in UK, Australia and other countries of the European continent. However, PRINCE2 is significantly easier to obtain, and this could result in higher numbers as well as a loss of reputation in some areas. PMP vs PRINCE2, Which Certification is better Career choice? PRINCE2 ® and Project Management Professional (PMP) ® qualifications are known and sought-after around the world. By enrolling for PMP, you become a member of PMI. The selection of one of the PRINCE2 vs PMP certification depends … PRINCE2 ® vs PMP ®. Learn for free! Within these five larger domains are a multitude of other skills like risk identification, quality management, change management, materials management, and much more. The choice of one over the other must be based on several factors which may include your personal professional needs. The ideal choice should be based on the industry or company you are aiming to build a career in, and the type of project you’re planning to lead or direct. Is the question that many project managers have in their mind, before they decide on their project management certification path. Secondly, the exam format of both, and finally how to maintain certification on PRINCE2® and PMP®. PMBOK and PMP are better known in the USA, Canada, Middle East, and Australia, while PRINCE2 is better known in the UK, Europe, and Australia. The PMP® certification is preferred in the USA, Canada, Middle East, and Australia. It includes-, Out of the three, the Foundation and the Practitioner levels are the most important and popular amongst the candidates. Fundamentally, the PRINCE2® and PMP® Certification involve two different project management frameworks. The cost of the PRINCE2® to exam varies according to the region you are taking the exam in. PMP® Vs PRINCE2® in US. Picking one over the other is a decision that involves several factors. An Introduction to Project Management: A Beginner’s Guide, PMP® Vs PRINCE2® Vs CAPM®: Which One's Right for Me, Structure of PRINCE2: Its Benefits in Project Management, Build a Strong Project Management Foundation, Big Data Hadoop Certification Training Course, AWS Solutions Architect Certification Training Course, Certified ScrumMaster (CSM) Certification Training, ITIL 4 Foundation Certification Training Course, Data Analytics Certification Training Course, Cloud Architect Certification Training Course, DevOps Engineer Certification Training Course. Although the certification bodies, Axelos and the Project Management Institute (PMI), tend to play friendly with each other, they are competitors. Project Management Professional (PMP)® is the most popular qualification from the Project Management Institute (PMI). You should have at least cleared the intermediate exam from any high school or should be a graduate. Although the number of PRINCE2 Practitioner certifications are not published, Axelos claims that PRINCE2 is the world’s most widely-adopted project management method. Earlier, the UK’s cabinet office was supposed to be the owner of the certification but at present it is owned by AXELOS. Indeed, you can apply your knowledge and experience in whichever industry you work with. According to Payscale.com, insights of average salaries for PMP® and PRINCE2® in the US and UK are given below. There are number of organizations which prefer PMP certification over PRINCE2 certification. January 31, 2019 February 5, 2019 Darrin PMI-PMP® Certification. The training organizations have an important role in your PRINCE2 certification process. which is better? With different regulatory bodies, the exam application process for both the courses also differs from one another. A lot depends on the reputation of the company and the kind of project you are associated with. Different Techniques: Some techniques differ vastly, such as the categorization of risk. CAPM & PMP certifications are based on PMBOK® the Project Management Book of Knowledge guide. Both are famous, both have their own uniqueness in one way or the other. CAPM Vs PMP Vs PRINCE2 Certifications – Which is better? PRINCE2 Foundation certification can be obtained just by passing the exam. ITIL VS PRINCE2 VS PMP . The links prove to quite fruitful specifically, if you are working as a freelance project manager. The Practitioner exam will require you to have passed the Foundation exam. Below are the key differences between PRINCE2 and PMP Certification. PMP® Vs PRINCE2® in UK. Some industries prefer PRINCE2 certified project managers, others prefer PMP certified ones. First let’s analyze the benefits of PMP certification. When people are talking about PRINCE2 certifications, they usually refer to the PRINCE2 Foundation and PRINCE2 Practitioner. They are equally valued and preferred by industries. PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc. THE CERTIFICATION NAMES ARE THE TRADEMARKS OF THEIR RESPECTIVE OWNERS. ALL RIGHTS RESERVED. The certification is both process and project-focused. This facilitates you to join a vast global network of professionals. They are both recognised as the mark of a skilled, capable project manager.. Because of this, many of our clients have difficulty deciding which qualification to work towards when they first get in touch with us.. It’s always a difficult choice to choose among a set of certifications and get clear picture or guidance on which one will suit well. By. what is the difference between prince2 and pmp certification, pmp vs. prince2, pmbok vs prince2, pmp exam prince2 exam more popular, reconciled The Practitioner exam is an objective, scenario-based paper. According to PayScale, a project manager with PMP certification will make $87,000 a year, while a PRINCE2 certification will earn you slightly less at $84,000 annually. The decision of selecting PRINCE2 vs PMP certification must be based on the industrial demand. The PRINCE2®, or ‘Projects IN Controlled Environments' certification, is a process-based project management method that offers a systematic approach to delivering a successful project with clear templates, processes, and steps. PRINCE2 and PMP are useful and complementary tools in your skill set – they don’t compete. PRINCE2 vs PMP: Industry Demands. You are required to answer about 200 Multiple Choice Questions in four hours when attempting PMP and secure 62 percent marks to qualify the exams. Now the question arises, which is better? La certification n’a donc pas le même degré d’effort : quelques semaines pour PRINCE2®, plusieurs mois pour PMP®. The exam fee of PMP is different for members and non-members. Both offer a body of knowledge and a proven approach to managing projects effectively. Now, if one has to compare PMP and Prince2 on the basis of better salary prospect, then PMP surpasses the Prince2 certification. Therefore, it becomes necessary to compare these two on the basis of their advantages. Certification in the PRINCE2 methodology is an excellent complement to your PMP credential and awards PDUs for instructor led classes or online learning. The cost of the PMP® exam - though a little expensive - is well worth the investment. There are also specific benefits that come with each certification. Please watch this video, to get idea on these two certifications. Having a certification in project management especially, the ones like PRINCE2 and PMP indicate that the individual knows and understands the universal language of the industry. 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®. On the other hand, the cost of the Prince2 may be different. Although the certification bodies, Axelos and the Project Management Institute (PMI), tend to play friendly with each other, they are competitors. The person has to answer nine questions in practitioner level in about 150 minutes. This pattern will continue in the near future and will lead to a growing need for professional, experienced project managers. PRINCE2 Vs PMP – Which Certification Better? PRINCE2 and PMP (Project Management Professional) are the two main certifications for project managers in the world today. PMP & PRINCE2 are two well-known certifications in the field of Project Management. But, this doesn’t affect the popularity of any of these certifications. If you are working in the UK, Australia, and Europe you can prefer PRINCE2. The PMP is often regarded as the encyclopaedia of the project management as it offers complete knowledge on the subject. All in One Project Management Bundle (100+ Courses). Irrespective of the certification, a certified project management professional can demonstrate high PM skills. So, the choice should be made attentively. Both the Project Management Professional (PMP®) and PRINCE2 (Projects In a Controlled Environment) are highly reputed in the field. 636. Many people view the PRINCE2 and PMP certifications as different, which is why there is a battle between the two certifications. Alternatively, 7,500 hours plus a secondary degree would suffice. PMP ® PRINCE2 ® PMP ® vs PRINCE2 ® : Eligibility & Fee Structure. You have to attend about 75 MCQs and the time allotted is one hour. Benefits of Getting a PMP vs. Getting a PRINCE2. So, be careful with the organization you choose. Usually candidate can plan good 3 weeks to 30 days time for completing PRINCE24 Day intensive … January 31, 2019 February 5, 2019 Darrin PMI-PMP® Certification. Hi Rajib – Project management certification serves as testimony for your competence and surely, gets you the attention. You can obtain more projects with their contact. This article offers an overview of PRINCE2® Vs PMP® certifications, important benefits, and job prospects for each one. Let’s look at each of these certifications individually and then analyze them combinely. Many people view the PRINCE2® and PMP® certifications as different, which is why there is a battle between the two certifications. Cost of the PRINCE2 for Foundation and Practitioner together along with Training would be between $1200 and $2000Cost of PMP® Exam along with PMI membership is $555/- and Training cost varies between $800 and $1200/-4-5 day intensive classroom training and 40 hours of self study is required. The knowledge areas of the PMBOK are very similar to those of PRINCE2 so choosing which is best based on organizational specifics may not always be the only thing to consider. This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy. The PRINCE2® Practitioner certification exam requires you to pass the Foundation exam or possess another project management certificate like PMP®. Please watch this video, to get idea on these two certifications. If you are applying for a PMP certificate examination, you have to fulfill a number of perquisites before you can register yourself at PMI. Prince2 Foundation does not require you to satisfy any criterion but if you are applying for the Practitioner level then you must possess a Prince2 Foundation level certificate. Both certification programs are of equal value, albeit in different aspects of project management. These certificates are globally recognized and will help you attain the best paying jobs as project managers. Here questions will be related to planning, implementation and controlling the project. The non-members need to pay $555 while members pay $405. Getting ITIL, PMP, or PRINCE2 certification comes with a price, both time and money. The certification course covers a wide spectrum of project management techniques and competencies that are necessary for any project manager and can help increase your earning potential. The examination of the Foundation and the Practitioner levels are different. Project Management Institute (PMI) Scheduling Professional. Benefits of Getting a PMP vs. Getting a PRINCE2. Are you confused between PRINCE2® and PMP®? The former is easier than PMP and it's unfair to compare them, while the latter is as hard as PMP, or as some people believe, even harder than PMP. The certification you choose should depend on your job prospects and the region you are working in. New Contacts –Expands your network when you become a member of the PMI and you will be able to talk to professionals in the industry. Prerequisites of PRINCE2® vs PMP® PMP® Exam eligibility, as … PMP & PRINCE2 are two well-known certifications in the field of Project Management. The exams are the most crucial and indispensable part of obtaining a PMP or the Prince2 Certification. The Project Management Institute (PMI) offers this valuable certification. Having a certification in project management especially, the ones like PRINCE2 and PMP indicate that the individual knows and understands the universal language of the industry. The average salary for professionals with a PRINCE2® certification is $85,800. PMP vs. PRINCE2 certification. Some of us are not aware of the full details of the remaining two certifications namely CAPM and PRINCE2. PMP® and PRINCE2® are not competing for credentials in all regions. It is more of a methodology than a guide. This will help you to strategize your plans more skilfully taking all the vital factors into account. One of the advantages of choosing this certificate course for your career is that you become quite capable of executing any kind of project with great ease as you develop knowledge of project management principles. Fundamentally, the PRINCE2® and PMP® Certification involve two different project management frameworks.