The PMP certification will give you more employment options if you want to work in North America or Asia. Scrum certification would be a better choice for you if you plan to work in Europe or Latin America, on the other hand. However, it would be best if you thought about your interests and investigated which one would be more advantageous.
Now that you know the short version of the answer, let's examine each certification in greater detail and contrast what each has to offer.
Project Management Professional (PMP®)
PMP® is a globally recognized project management certification that demonstrates your ability to lead a project from its initiation all the way to completion.
It’s considered by many, including employers, to be the standard when it comes to having a working knowledge of project management.
The certification is based on ten knowledge areas that help you grasp everything related to project management, from managing cost to resources and risk. The knowledge areas are:
Project Integration Management
Project Scope Management
Project Schedule Management
Project Cost Management
Project Quality Management
Project Resource Management
Project Communications Management
Project Risk Management
Project Procurement Management
Project Stakeholder Management
The certification is awarded by the Project Management Institute (PMI) in Pennsylvania, United States, which is a globally-recognized institution in the field of project management.
Scrum
Scrum is a project management framework that emphasizes developing, delivering, and sustaining complex products.
The framework was initially applied exclusively to software development, but it gained a high interest in other fields due to its effectiveness and simplicity, including sales, marketing, and research.
The Certified Scrum Master is the first level of certification you can earn in the Scrum framework. Its primary purpose is to provide professionals with a strong base in applying the Scrum framework principles to their projects.
Some of the professionals that would greatly benefit from CSM certification include test engineers, business analysts, quality controllers, software developers, and support managers.
Prerequisites
The CSM and PMP certifications are quite different when it comes to their minimum requirements. The PMP® certification requires that you spend 7,500 hours leading projects. If you have a four-year degree, that number goes down to 4,500 hours. In both cases, you need to need to have 35 hours of project management education.
On the other hand, Scrum doesn’t have any prerequisites, making it a more accessible option for more people. However, we recommend that you work on and complete multiple projects before applying for Scrum certification so you can better understand the concepts you’ll learn and how you can use them in your work.
Demand
The demand for each certification is primarily influenced by the region you want to work in. For example, Scrum’s interest is higher in Europe and Latin America, while most countries in Asia and North America show a greater interest in PMP. You can use Google Trends to check the interest levels for both certifications in specific cities or countries.
Nevertheless, you can still try your luck with a certification other than the one with the highest demand in your region if you’re really that interested in it, but then you’d be taking the more challenging path.
Mean Salary
Just like demand, the mean salary for PMP and CSM holders can vary from one country to another. Taking the United States as a reference for comparison, the average PMP® salary is $80K – $110K depending on position and experience.
Per contra, a CSM in the United States can earn anywhere from $62K all the way up to $124K based on their career level and years of experience.
As you can see, the mean salary of CSMs isn’t that different from PMP®s, keeping in mind that employers in the United States are more interested in PMP®s.
As a CSM, you have a chance to earn more than a PMP®, but you could also earn less. There are no strict rules for this. It all depends on your interpersonal skills and the value you can add to the organization you join.
Advantages
As a certified PMP, you get several advantages, including:
Attestation to your project management skills. The PMP® certification is quite reputable and well-known worldwide, making it a trusted proof of your project management knowledge.
Better career opportunities. PMP®s are more likely to be considered by employers who need a project manager than non PMP®s.
A good chance to improve your English. As you go through the PMP® knowledge areas, you’ll be able to improve your English language skills significantly.
If you opt for the CSM certification, you get the following advantages:
Learning how to use Scrum effectively. The knowledge areas of the CSM certification will help you develop a deep understanding of the Scrum framework and how you can apply it to your projects.
Improving your team management and collaboration skills. Knowing how to manage and communicate with your team is the core of the Scrum framework, and it’s one of the key factors that contribute to the success of a project.
Potentially higher salaries. As a certified CSM, you have a better chance of making higher earnings with better jobs and more frequent raises.
Which One Should You Take First?
Some people may decide to pursue both PMP and CSM certifications, which takes us to whether it’d be better to take them in a specific order.
Generally speaking, it’s a good idea to take the PMP path first. The study materials are extensive, and you’ll learn all the core concepts of project management.
After successfully passing the PMP exam, you may consider pursuing the CSM certification if you’re interested in agile values and the Scrum framework. It can enhance your perspectives and give you more solutions to problems related to complex products. However, keep in mind that Scrum may not apply to every project due to its limitations.
Maintaining or Renewing Certification
To keep your PMP certification, you must renew it once every three years. PMI’s renewal system requires that you get 60 PDUs (Professional Development Units). PDUs are one-hour blocks that you spend learning, volunteering, or teaching others. The renewal fees are $60.
On the other hand, renewing your CSM certification must be done once every two years. To renew your certificate, you must earn 20 SEUs (Scrum Education Units) and pay a flat fee of $100.
Final Thoughts
As much as we know that you would have preferred a more decisive answer, the choice between taking PMP® or Scrum certification is influenced by many factors, which means that it doesn’t make sense to favor one of them.
We can still give you some hints, though. The Scrum certification is easier to earn since it doesn’t have any prerequisites. Not to mention, the exam isn’t hard to pass.
On the flip side, the PMP has more strict minimum requirements, requiring more practical and academic knowledge than the CSM certification. It’s also harder to pass.
Both are in demand, though it varies according to region. We advise you to read more about what you need to learn to earn PMP or CSM certification and see which of them seems to be more enjoyable for you.
To check our PMP exam preparation courses, check the below link.
https://prepzo.com/categories/business/project-management
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