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PRINCE2® Vs PMP® – The Battle of Certifications

If you're in the project management field, or if youve always wanted to immerse yourself in this thriving discipline, youve probably wondered about what steps you need to take to get certified to advance your career. 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. So that begs the question: which certification is right for you? Its not an easy decision, to be sure, but worry not weve done much of the hard work for you! This article offers an overview of the two certifications, important benefits and job prospects for each one. Read on to make the right choice! What Are the Key Difference Between PMP & PRINCE2? Fundamentally, the PRINCE2 and PMP certifications involve two different project management frameworks. Both offer a body of knowledge and a proven approach to managing projects effectively. Picking one over the other is a decision that involves a number of factors. The ideal choice should be based on the industry or company you are aiming to build a career in, and the type of project youre planning to lead or direct. Both certification programs are of equal value, albeit in different aspects of project management. Time-OutThe Project Management Professional (PMP) Certification 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). Various industries use PMP as a standard requirement for project managers. Becoming a PMP empowers you to work with any methodology and in any industry. The certification course covers a wide spectrum of project management techniques and competencies that are necessary for any project manager and can help increase your earning potential. This course, administered by PMI in the USA, has also gained popularity in Europe and Asia. The PMP qualification: Is indicative of your proficiency in using the PMBOK Guide, the Project Management Book of Knowledge. Verifies your knowledge of "generally-accepted" best practices and principles of project management.Interested in taking up a Project Management Professional? Check out our Course Preview! The Projects IN Controlled Environments (PRINCE2) Certification 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. The certification is both process and project focused. PRINCE2 is administered in the UK by the APMG. The PRINCE2 qualification: 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 type of project. Has a well-laid out and standardized approach to project management. Spells out the roles and responsibilities of each member of the team tasked with managing the project.It is both project and process focused. Curious to know, What PRINCE2 is all about? You can watch the PRINCE2 Course Preview for free here. Industry Demand 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. Each certification is in higher demand in certain geographies, so you need to determine which of the two certifications will boost your employability. In addition, a few industry sectors prefer the PRINCE2 certification, while others prefer the PMP certification. The PMP certification is preferred in the USA, Canada, Middle East and Australia. PRINCE2, however, is recognized in UK, Europe, and Australia.