So, the choice is yours when it comes to picking a certification program in between PMP and Prince2. The non-members need to pay $555 while members pay $405. ITIL: ITIL is Process based. 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®). The choice of one over the other must be based on several factors which may include your personal professional needs. 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. It is globally recognized and tests your knowledge in effective project implementation. Check out the Simplilearn's video on PMP® certification training course. 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. Some industries prefer PRINCE2 certified project managers, others prefer PMP certified ones. Both PMBOK Guide and Prince2 are quite dissimilar to each other. The PMP is related to the knowledge and skills necessary to successfully manage a project and its delivery. PRINCE2® is a process-based methodology providing detailed guidance on delivering a successful project with processes, steps and templates; while PMP® project management methodology is primarily based on the PMBOK® Guide (A Guide to the Project Management Body of Knowledge, published by PMI) which is a collection of good practices detailing the project management standards and necessary … 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. You cannot take the exam directly from AXELOS. Each certification is in higher demand in specific geographies, so you need to determine which of the two certifications will boost your employability. PRINCE2 vs PMP: Industry Demands. So, be careful with the organization you choose. The PRINCE2® Practitioner certification exam requires you to pass the Foundation exam or possess another project management certificate like PMP®. According to Payscale.com, insights of average salaries for PMP® and PRINCE2® in the US and UK are given below. PMP® Vs PRINCE2® in UK. PMI ® vs. PRINCE2 ® - Herkunft, Philosophie, Verbreitung PMI ®: Project Management Institute. PRINCE2 is focused mainly on the processes and the framework to execute specific types of projects in controlled environments successfully. 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. ALL RIGHTS RESERVED. Several studies and surveys show that certified professionals in project management earn much more than their non-certified peers. 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. PRINCE2 and PMP are useful and complementary tools in your skill set – they don’t compete. The selection of one of the PRINCE2 vs PMP certification depends … PMP® or Project Management Professional is a certification offered by the prestigious PMI or Project Management Institute. Fundamentally, the PRINCE2® and PMP® Certification involve two different project management frameworks. PMP® is controlled and administered by the Project Management Institute (PMI)®, on the other hand, PRINCE2® is regulated by AXELOS. The planning is done in a systematic manner and every task is done in a step by step manner. The individual is tested based on 9 questions with a time limit of 2.5 hours. Benefits of Getting a PMP vs. Getting a PRINCE2. 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 … Some essential certificates besides PMP include-. PRINCE2 ® vs PMP ®. PMP® Vs PRINCE2® in UK. 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. 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. Verbreitung: Hohe Verbreitung, besonders in internationalen Projekten: “Over 1.000.000 members and credential holders in more than 200 countries” (Quelle: PMI®)Philosophie: PMP® and PRINCE2® are not competing for credentials in all regions. PMP Vs PRINCE2: The PMP certification in recent years has become one of the most profitable and demand-driven career opportunities. The certification you choose should depend on your job prospects and the region you are working in. 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. First let’s analyze the benefits of PMP certification. PMP® and PRINCE2® – Salary Overview. Earlier, the UK’s cabinet office was supposed to be the owner of the certification but at present it is owned by AXELOS. Start Your Free Project Management Course, Project scheduling and management, project management software & others, The Project Management Institute (PMI), the apex body offering the PMP certification has introduced a number of programs to enhance the career prospects of the candidates. The choice of one over the other must be based on several factors which may include your personal professional needs. Both certification programs are of equal value, albeit in different aspects of project management. For the Foundation level, you need to deposit $365 and for the Practitioner level, it is $485. You should have at least cleared the intermediate exam from any high school or should be a graduate. Firstly, We will check the prerequisites of PRINCE2® vs PMP®, then the exam cost of PRINCE2® vs PMP®. 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. erheblichem bürokratische Aufwand verbunden ist und Ressourcen wie Zeit und Geld erfordert. 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. Usually candidate can plan good 3 weeks to 30 days time for completing PRINCE24 Day intensive … Are you confused between PRINCE2® and PMP®? If one talks about PMP is given priority in the United States and other American countries. The person has to answer nine questions in practitioner level in about 150 minutes. The Practitioner exam, however, is valid for 5 years, after which it will become invalid. 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. There is always a scope of availing a higher salary if you have gained experience in this field. PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc. Although the number of PRINCE2 Practitioner certifications are not published, Axelos claims that PRINCE2 is the world’s most widely-adopted project management method. Now it’s time to compare the exam fee which you need to deposit for appearing in it. PMP & PRINCE2 are two well-known certifications in the field of Project Management. A professional would benefit from the skills and knowledge that both of these certifications offer. The PRINCE2® Foundation exam needs no renewal. They earn an average of 20% more than their non-certified peers. Many people view the PRINCE2 and PMP certifications as different, which is why there is a battle between the two certifications. Both have good career prospects and will help in shaping your bright future. The Project IN Controlled Environment Certificate is a type of program which usually focuses on technique related project management. 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. The Prince2 Certification has been readily categorized into three categories based on their levels of toughness. Unlike PRINCE2, PMP demands commitment to your project management career. 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. For example, some European countries like UK, Denmark, Germany prefer PRINCE2 while PMP is Further, this preference of the certification varies from country to country. Picking one over the other is a decision that involves several factors. Is a broad, high-level, general framework of project management principles, which means it is recommended for and can be implemented on just about any project. In most areas of the world, project management certification is a choice between these two. PMP® is related to the knowledge and skills necessary to successfully manage a project and its delivery. Here you get to know about a systematic approach and ways to complete a successful project. Many people view the PRINCE2® and PMP® certifications as different, which is why there is a battle between the two certifications. PMBOK Guide is the reference book of PMP, PRINCE2 Manual is the reference book of PRINCE2. For example, project charter in PMP® is what is known as project brief in PRINCE2®. 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. It primarily touches all the important aspects of the project management process including the problems associated with it. Secondly, the exam format of both, and finally how to maintain certification on PRINCE2® and PMP®. Secondly, it offers model approach. The exams are the most crucial and indispensable part of obtaining a PMP or the Prince2 Certification. Below are the key differences between PRINCE2 and PMP Certification. 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. Please watch this video, to get idea on these two certifications. PRINCE2 and PMP (Project Management Professional) are the two main certifications for project managers in the world today. Gegründet 1969 in den USA. 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. 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. According to a PMI® survey, the highest salary a PMP® can earn is in the resources industry or the primary sector (agriculture, mining, etc. PRINCE2 Vs PMP – Which Certification Better? 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. But you should be acquainted with their differences so that the decision to choose one becomes simpler in the end. 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. Difference Between PMP vs PRINCE2 Certification training PMP vs PRINCE2 Why one rather than the other? The certification is both process and project-focused. Although, PMI is located in Texas US, but the course is widely carried out in other continents as well including Europe and Asia. Make no mistake; employers will be aware of this factor. CAPM Vs PMP Vs PRINCE2 Certifications – Which is better? All in One Project Management Bundle (100+ Courses). La certification PRINCE2 permet de valider la bonne compréhension de cette méthode. Here each team member is familiar with his job responsibility and how to cater it professionally. PRINCE2 versteht sich als Know-how-Vermittler und fordert zur Zertifizierung - im Gegensatz zu IPMA und PMI - keine vorhandene Projektpraxis. All three has its own uniqueness and focus with which one can take it up. 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.. The cost of the PMP® exam - though a little expensive - is well worth the investment. Professionals will have to complete and pass the PRINCE2® re-registration examination 3-5 years following their previous practitioner exam. Different training centers charge differently for offering their services. Asia, Africa as well as the Middle East region give equal importance to PMP and Prince2. PMI and Prince2 are some of the most widely used standards in Project management circles. PRINCE2® and PMP® certifications are administered by two different certified bodies. 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. If you are working in the UK, Australia, and Europe you can prefer PRINCE2. By enrolling for PMP, you become a member of PMI. But there is no such hard and fast rule for appearing a Prince2 certification exam. But the practitioner level certification is valid for a period of five years. Firstly, let’s talk about both the certifications in brief: The Project Management Professional (PMP®) Certification. However, be a little cautious while registering for Prince2 exam as you cannot do so directly at AXELOS. It is a new joint venture company. As of 2014… 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. Divides the master project plan into project plans, stage plans, and team plans, which eliminates ambiguity and makes it easier to execute the project. Man sollte jedoch nicht vernachlässigen, dass diese mit z.T. 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 largely depends on the test center you are opting for appearing in the exam. The PMI Project Management Salary Survey – Tenth Edition, states that the salaries of project managers around the world continue to climb.In the US alone, the average annual salary of a certified PMP® is $112,000 per year. 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. which is better? There are no defined prerequisites for the PRINCE2® exams. For members of the PMI®, it is $405, while for non-members it is $555. Now, if one has to compare PMP and Prince2 on the basis of better salary prospect, then PMP surpasses the Prince2 certification. 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.’. PRINCE2 vs PMP. Briefly, when we compare the eligibility requirements of PRINCE2® vs PMP®, we find that PMP® requires more prerequisites than PRINCE2®. 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