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. These certifications are fundamentally different from each and moreover, they are affiliated with different accreditation boards. 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. Getting ITIL, PMP, or PRINCE2 certification comes with a price, both time and money. PMBOK Guide is the reference book of PMP, PRINCE2 Manual is the reference book of PRINCE2. Well, these certifications are provided by the prominent certification bodies of project management and are equally prestigious. It largely depends on the test center you are opting for appearing in the exam. PRINCE2 vs PMP : A l’heure du choix. PMP® Vs PRINCE2® in US. 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. January 31, 2019 February 5, 2019 Darrin PMI-PMP® Certification. 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. 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.. Do not think that PMP and Prince2 are pitching against one another, but you will need both to implement your project framework. One can use different methodologies and tools (e.g., agile, waterfall, PRINCE2) to implem… This course, administered by PMI in the USA, has also gained popularity in Europe and Asia. So, be careful with the organization you choose. PMP® and PRINCE2® – Salary Overview. The registration procedure of the PMP exam is very simple. 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. Hi Rajib – Project management certification serves as testimony for your competence and surely, gets you the attention. But there is no such hard and fast rule for appearing a Prince2 certification exam. Continue with the article to settle on the ideal decision! PMP Vs PRINCE2: The PMP certification in recent years has become one of the most profitable and demand-driven career opportunities. Different Techniques: Some techniques differ vastly, such as the categorization of risk. $ 00000. The choice of one over the other must be based on several factors which may include your personal professional needs. Although the certification bodies, Axelos and the Project Management Institute (PMI), tend to play friendly with each other, they are competitors. It is a new joint venture company. This enables you to save ample time and resources. Having a project management certification, especially ones like PRINCE2® and PMP®, signifies that an individual knows and understands the universal language of project management. So that begs the question: which certification is right for you? There is always a scope of availing a higher salary if you have gained experience in this field. PMP® and PRINCE2® – Salary Overview. 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. Divides the master project plan into project plans, stage plans, and team plans, which eliminates ambiguity and makes it easier to execute the project. Also, a few industry sectors prefer PRINCE2® certification, while others prefer the PMP® certification. The choice of one over the other must be based on several factors which may include your personal professional needs. The PRINCE2 provides a methodology to complete to perform and complete the project. A survey has also stated that PMP managers earn more in the primary based industries such as agriculture and mining. The choice of one over the other must be based on several factors which may include your personal professional needs. First let’s analyze the benefits of PMP certification. *Lifetime access to high-quality, self-paced e-learning content. Yet another benefit of Prince2 certification is that it highlights on both project as well as a process. There is a set of prerequisites that one will need to meet to take up the PMP® exam. By Simon Buehring on 20 Mar 2020. You cannot take the exam directly from AXELOS. The selection of one of the PRINCE2 vs PMP certification depends … 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. In fact, this is often regarded as one of the vital factors for choosing a certificate course. However, both are equivalent in terms of value and can help in taking your career forward. PRINCE2 is focused mainly on the processes and the framework to execute specific types of projects in controlled environments successfully. This article compares the differences between PRINCE2 vs. PMP as professional project management certifications. Program Management Professional whose responsibility is to manage a program. The following article concentrates on two most important project management certifications; PMP and Prince2. Some of us are not aware of the full details of the remaining two certifications namely CAPM and PRINCE2. PRINCE2® and PMP® certifications are administered by two different certified bodies. First of all, it can be said that it is a very elaborate and descriptive program. Irrespective of the certification, a certified project management professional can demonstrate high PM skills. The Tenth Edition of the PMI Survey suggests that salaries of project managers around the world re continuing to climb and that in the US alone, the average salary of a certified PMP is $108,200 per year. 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. 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. These certificates are globally recognized and will help you attain the best paying jobs as project managers. PRINCE2® is focused mainly on the processes and the framework to execute specific types of projects in controlled environments successfully. According to Payscale.com, insights of average salaries for PMP® and PRINCE2® in the US and UK are given below. PRINCE2 ® vs PMP ®. All three has its own uniqueness and focus with which one can take it up. The certification is both process and project-focused. 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. ITIL: ITIL is Process based. If you're in the Project Management field, or if you’ve always wanted to immerse yourself in this thriving discipline, you’ve probably wondered about what steps you need to take to get certified to advance your career. Picking one over the other is a decision that involves several factors. 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. Alternatively, 7,500 hours plus a secondary degree would suffice. For example, project charter in PMP® is what is known as project brief in PRINCE2®. Prerequisites of PRINCE2® vs PMP® PMP® Exam eligibility, as … Therefore, it is important to have an extensive knowledge of these courses and then choose one which is best for your career. According to a Payscale.com survey, male PRINCE2® professionals earn $90,000, while women earn $77,000. Therefore, it becomes necessary to compare these two on the basis of their advantages. Moreover, according to a report, the PMP salary is going to hike in the near future. This pattern will continue in the near future and will lead to a growing need for professional, experienced project managers. Here each team member is familiar with his job responsibility and how to cater it professionally. I work in the project management field, should I start preparing and getting certified as PMP, or as PRINCE2 Foundation and PRINCE2 Practitioner? Usually candidate can plan good 3 weeks to 30 days time for completing PRINCE24 Day intensive … Both offer a body of knowledge and a proven approach to managing projects effectively. Therefore, one can say that there is almost an equivalent distribution amongst the various regions regarding the first choice of the certification. On the other hand, Prince2 is more popular in UK, Australia and other countries of the European continent. PMI and Prince2 are some of the most widely used standards in Project management circles. If you’re looking for an appropriate professional certification to take your career forward, then you should never get perplexed regarding the choice of the courses. Conversely, the PMP provides techniques tools and frameworks to perform and complete the project. Some industries prefer PRINCE2 certified project managers, others prefer PMP certified ones. 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. 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. 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. PMP® or Project Management Professional is a certification offered by the prestigious PMI or Project Management Institute. Pour commencer, elles certifient toutes les deux des connaissances de bases nécessaires à la gestion de projet. Professionals will have to complete and pass the PRINCE2® re-registration examination 3-5 years following their previous practitioner exam. Firstly, let’s talk about both the certifications in brief: The Project Management Professional (PMP®) Certification. 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. So, the choice is yours when it comes to picking a certification program in between PMP and Prince2. 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. PRINCE2 and PMP (Project Management Professional) are the two main certifications for project managers in the world today. PMI vs Prince2. PMP® is controlled and administered by the Project Management Institute (PMI)®, on the other hand, PRINCE2® is regulated by AXELOS. PRINCE2 qualifications are provided by PeopleCert on behalf of AXELOS. The passing percentage is 50 in foundation and 55 in practitioner level exams. This article will offer a rundown of PMP® VS PRINCE2® certifications, vital advantages and career prospects for everyone. Make no mistake; employers will be aware of this factor. Has a well-laid out and standardized approach to project management. Both the Project Management Professional (PMP®) and PRINCE2 (Projects In a Controlled Environment) are highly reputed in the field. Certification in the PRINCE2 methodology is an excellent complement to your PMP credential and awards PDUs for instructor led classes or online learning. As far as PMP is concerned, the candidate should have about sixty Professional Development Units (PDUs) after alternative three years. ), at $130,000. what is the difference between prince2 and pmp certification, pmp vs. prince2, pmbok vs prince2, pmp exam prince2 exam more popular, reconciled According to a PMI® survey, the highest salary a PMP® can earn is in the resources industry or the primary sector (agriculture, mining, etc. A lot depends on the reputation of the company and the kind of project you are associated with. It’s not an easy decision, to be sure, but worry not – we’ve done much of the hard work for you! Each certification is in higher demand in specific geographies, so you need to determine which of the two certifications will boost your employability. But for many of us, PMP is the most popular and known project management certification. 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. Should I work towards a PMP, IPMA or PRINCE2? PMP and PRINCE2 certifications are certainly different from each other but they have a common goal: to improve the success of projects. Both the Project Management Professional (PMP®) and PRINCE2® certifications are highly reputed in the field and can validate for employers your understanding of key project management concepts and how to apply them throughout the project management lifecycle. 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.’. However, many students aspiring to serve the IT sector do get perplexed regarding the appropriate choice of the course. A serious applicant should know the differences between each certification and must plan their next step keeping their career goals in mind. PRINCE2 defines the roles of everyone involved in a project whereas PMP Focuses on the project manager's role A professional who is looking forward towards gaining proficiency in project management approach with a project team point of view can opt for PRINCE2 Certification. Below are the key differences between PRINCE2 and PMP Certification. Asia, Africa as well as the Middle East region give equal importance to PMP and Prince2. In most areas of the world, project management certification is a choice between these two. PMP® and PRINCE2® certifications : Definition. The non-members need to pay $555 while members pay $405. Firstly, PMP certifications make you an eligible candidate who can expect a flourishing pay on the completion of the course. 636. Out of the 75 questions, 5 are trial based and not counted during the scoring process. 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. 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. However, if one talk about PMBOK Guide, you will come across more of How questions. The decision of selecting PRINCE2 vs PMP certification must be based on the industrial demand. If you have to compare Project Management Professional and Prince2 in a nutshell, the basic difference lies in their techniques and approach to complete any project. It is globally recognized and tests your knowledge in effective project implementation. Several certifications can qualify you to sit the Practitioner exam. Some essential certificates besides PMP include-. Here questions will be related to planning, implementation and controlling the project. Picking one over the other is a decision that involves several factors. You should have at least cleared the intermediate exam from any high school or should be a graduate. PMP and PRINCE2 certifications are certainly different from each other but they have a common goal: to improve the success of projects. THE CERTIFICATION NAMES ARE THE TRADEMARKS OF THEIR RESPECTIVE OWNERS. But the practitioner level certification is valid for a period of five years. CAPM Vs PMP Vs PRINCE2 Certifications – Which is better? The PMP is related to the knowledge and skills necessary to successfully manage a project and its delivery. There are … Although the number of PRINCE2 Practitioner certifications are not published, Axelos claims that PRINCE2 is the world’s most widely-adopted project management method. There are also specific benefits that come with each certification. So, the choice should be made attentively. Both certification … Today, certification seems to be the right way to move up to the higher echelons of management in an enterprise. By enrolling for PMP, you become a member of PMI. Cost of PRINCE2 Certification: Training fee for the PRINCE2 Foundation and Practitioner is based on various factors like days of training, modes of training, Average cost of the PRINCE2 certification training is $100 - $250. By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to our Privacy Policy, Cyber Monday Offer - All in One Project Management Bundle (100+ Courses) Learn More, 100+ Online Courses | 400+ Hours | Verifiable Certificates | Lifetime Access, Project IN Controlled Environment Certificate, knowledge of project management principles, Project Management Course - All in One Bundle. But, this doesn’t affect the popularity of any of these certifications. This means, whether you want to or not, you’ll be continually sharpening your skills. PRINCE2®, however, is recognized in the UK, Europe, and Australia. If one talks about PMP is given priority in the United States and other American countries. Let’s look at each of these certifications individually and then analyze them combinely. PMI ® vs. PRINCE2 ® - Herkunft, Philosophie, Verbreitung PMI ®: Project Management Institute. Many people view the PRINCE2® and PMP® certifications as different, which is why there is a battle between the two certifications. Out of the various project management courses, PMP is one of the highly preferred certificates for establishing your career as a project manager. Well, the answer is both the certifications. Both have good career prospects and will help in shaping your bright future. Project Management Professional (PMP)® is the most popular qualification from the Project Management Institute (PMI). That’s because it requires a minimum of 4,500 hours and a 4-year degree. As a result of the Continuing Certification Requirements, you’ll need to stay active within the project management community. The PRINCE2® Practitioner certification exam requires you to pass the Foundation exam or possess another project management certificate like PMP®. Briefly, when we compare the eligibility requirements of PRINCE2® vs PMP®, we find that PMP® requires more prerequisites than PRINCE2®. 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. PMP® Vs PRINCE2® in US. 2) Certification are two of the most prestige and sought-after project management certifications for practitioners of the field. 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. Eine PM-Zertifizierung ist ein Plus im Lebenslauf. Certification Validity & Renewal – CAPM Vs PMP Vs PRINCE2 CAPM certificate once obtained is valid for 5 years. By Nader K. Rad. PMP and PRINCE2 certifications are certainly different from each other but they have a common goal: to improve the success of projects. Within these five larger domains are a multitude of other skills like risk identification, quality management, change management, materials management, and much more. You have to attend about 75 MCQs and the time allotted is one hour. The cost of the PRINCE2® to exam varies according to the region you are taking the exam in. Both are famous, both have their own uniqueness in one way or the other. © 2020 - EDUCBA. The planning is done in a systematic manner and every task is done in a step by step manner. 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. PRINCE2 vs PMP Certification, Industry Needs. PRINCE2 vs PMP- You are quite aware that the vitality or value of certification programs has incredibly increased in the recent times specifically in the IT industry. Check out the Simplilearn's video on PMP® certification training course. PMP Vs PRINCE2: The PMP certification in recent years has become one of the most profitable and demand-driven career opportunities. Both are famous, both have their own uniqueness in one way or the other. PMP® Vs PRINCE2® in UK. They are equally valued and preferred by industries. Please watch this video, to get idea on these two certifications. 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. PMP Certification Exam cost is $555 or INR 39,856. PRINCE2® is administered in the UK by the APMG. Du côté agile, PSM ou PSPO , soit Scrum Master soit Product Owner : c’est vraiment pour appréhender une façon de livrer de manière itérative un produit ou un service et on est sur les deux rôles qui font parti de la méthode Scrum ®. For the Foundation level, you need to deposit $365 and for the Practitioner level, it is $485. While the former focuses more on the perspective aspects of knowledge, the later resorts to a more vivid technique. By. Both have their pros and cons and so the selection should be made quite wisely. As of 2014… Secondly, it gives due importance to the particular techniques adopted for completing the project. The PMI and PRINCE2 certifications are the big two, and IPMA is significantly smaller. The same survey also found that the highest pay scale of a Prince2 Project Manger was around $45,000. PMP® is related to the knowledge and skills necessary to successfully manage a project and its delivery. Verifies your knowledge of "generally-accepted" best practices and principles of project management. January 31, 2019 February 5, 2019 Darrin PMI-PMP® Certification. Lucy Brown-August 9, 2016. But … PRINCE2 ® and Project Management Professional (PMP) ® qualifications are known and sought-after around the world. Difference Between PMP vs PRINCE2 Certification training PMP vs PRINCE2 Why one rather than the other? Benefits of Getting a PMP vs. Getting a PRINCE2. La certification PRINCE2 permet de valider la bonne compréhension de cette méthode. 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 vs. the other. PRINCE2 Vs PMP – Which Certification Better? All in One Project Management Bundle (100+ Courses). 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. Spells out the roles and responsibilities of each member of the team tasked with managing the project. April 20, 2017 PMP® ( P roject M anagement P rofessional) Certification and PRINCE2® ( Pr ojects in C ontrolled E nvironments, ver. That means a careful and calculated decision has to be made about the value of these certifications in your personal growth and career.