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Project Management Institute List of Certifications Portfolio
Many of us want to pursue a certification related to project management. The Project Maangement Institute popularly called PMI has a list of certifications to choose from. Here is the brief overview of many different certifications
1) Project Management Professional (PMP) - This is the most popular project management certification. This certification covers details on many different project management knowledge areas, project management process groups including initiation,planning,execution,monitoring and control, closing. This is most sought after industry certification to become a project manager
Portfolio management is a level ahead of program management. Portfolio involves managing group of programs that helps in achieving the strategic business goal of an organization.The programs need not be related. But all these programs are geared towards achieving strategic business goal.
In general management consultant does offer advice on improving the strategic business goals to achieve more profit. His proposal might lead to inclusion of new programs and exclusion of existing programs from the portfolio.
2) Program Management Professional(PgMP) - Upon certification the candidate is given program manager certification. In simple terms program is a group of projects and managing the program requires PgMP. This can be considered as the certification a step ahead of PMP
3) Certified Associate In Project Management(CAPM) - The most basic project management certification geared towards personnel who dont hold a valid bachelors degree
4) PMI Scheduling Professional (PMI-SP) - Scheduling the most important task to get the project finished within the timeline ensures project success. This is track that makes the certification holder a specialist in project scheduling
5) PMI Risk Management Professional (PMI-RMP) - This is the project management risk certification that is focussed on risk management knowledge area. For financial professional certifications like FRM,PRM are geared towards financial risk management