Are Project Management (PM) Certifications Valuable?

Project management training has grown in popularity recently as organizations rely more on managers to oversee projects and ensure they are finished on time, efficiently, and within budget. But, are qualifications sufficient for such a position, or does experience dealing with the job's responsibilities and strains trump academic success?  

There are three major project management bodies that provide project management certification. They are as follows:

Association for Project Management (APM)

The APM is a professional body based in the United Kingdom with approximately 20,000 individual and 500 corporate members spread across Europe. Training and exams are designed for project managers from various industries and are given by APM Accredited Training Providers. Qualifications that are offered include:

• APM Introductory Certificate, which requires no experience and is suitable for project team members, new project managers, project office staff, project coordinators and project planners
• APMP, which is relevant to junior project managers, work package managers and project office managers with two to three years of project experience required
• APM Practitioner Qualification (PQ), which is for project managers with a minimum of three years’ experience of managing non-complex projects
• Registered Project Professional, which is suitable for senior project managers that have over five years of experience managing complex projects

APMG-International

APMG-International is administered by the UK’s Cabinet Office, who are the owners of the PRINCE2 (Projects in Controlled Environments) and MSP ^TM (Managing Successful Programmers) methods of project management. Training and examination is run through APMG-International Accredited Training Organizations.

The PRINCE2 qualification is split into two levels:

• Foundation, which is suitable for project team members, new project managers, project office staff, project coordinators, project planners and does not necessarily require experience.
• Practitioner, which requires a minimum of two years experience dealing with projects and is suitable for junior project managers, work package managers and project office managers.

The MSP ^TM qualification is suitable for program managers and directors.

Project Management Institute (PMI)

The PMI, based in the USA, is recognized as the largest association for project management professionals. Unlike the other two associations, training and examinations are separately delivered; training is provided by PMI Registered Education Providers, while examinations are conducted through different approved assessment centers. PMI qualifications include:

• CAPM (Certified Associate in Project Management) has the same relevance as the APM Introductory Certificate and the PRINCE2Ⓡ Foundation
• PMP (Certified Project Management Professional) is suitable to the same criteria as the APMP and the PRINCE2Ⓡ Practitioner
• PgMP (Certified Programme Management Professional) is relevant for program managers and directors

Benefits of achieving a qualification

There are many ways a PM qualification can benefit individuals and organizations. For an individual looking for project management work, certification improves their employability as the widely-recognized qualification provides them with the knowledge, skills and tools to implement projects or programs successfully.

Both prospective and employed project managers will display to their employer the desire to learn, as well as commitment to the role, which can result in the individual getting the position they’ve applied for, or if they’re already in a position, their reputation in the company improving. In addition, the PRINCE2Ⓡ or MSP ^TM qualification might be necessary for those wanting to work in the public sector.

A workplace can reap the benefits of a qualification by having an employee - who perhaps has gaps in their skills - learn the theoretical side of project management and return with an understanding of best-practice techniques that can help improve the day-to-day running of projects and programs. This in turn will see resources used better, which saves costs and increases customer satisfaction, reputation and morale.

In addition, allowing an employee to gain a qualification will demonstrate that the business supports their personal and career development planning, resulting in increased commitment to, and appreciation of, the company.

Is Experience more Valuable than Qualifications?

A qualification may be a good way for an individual to display to employers that they have knowledge on the skills, tools and techniques needed to effectively manage projects or programs. However, it may only help individuals get an interview for a position as the most important factor employers consider is experience, as they want someone who can handle the delivery of projects consistently.

‍