The Importance Of Project Management Professional Certification

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Recommended: Significance of project management in the contemporary business environment

Overview The business environments and the challenges that exist in today's world are so intense that the company's success majorly depends on whether the services or projects are delivered on time and within budget or not. Project Management Professional (PMP) Certification trains a person and gives the person skills and confidence to overcome the challenges and successfully build and deliver the product and services on time and within budget. This certification makes a person more valued to the company, and helps to manage a team more effectively and efficiently. By attaining the PMP certification a person's name gets automatically included in the largest and the most prestigious group of certified professionals. Having this certification shows the employers and different stakeholders that the person has a firm foundation of experience and education in project management. Project Management Framework The Project Management Framework defines the project lifecycle, project control cycle and tools and templates required for the execution of the project. It defines the different terms and processes involved in Project Management. Project A project is a temporary endeavor with a beginning and an end which creates a unique product, service, an improvement to the existing product or service, or a result. The end of a project is reached when the objective has been achieved or the project has been terminated. The outcome of the project can be tangible or intangible. The processes followed during the project development need not be unique; it can be the used of the best and the existing practices by a company. Operations and Project The work that is done in an organizations can be classified mostly as either operational or project work. ... ... middle of paper ... ...ional Process Assets: As discussed in the precious section it is market conditions, standards and quality which are important in developing the Project Management Plan. Also the organizational Process assets like work culture, performance measurement criteria, historical information and lessons learned are important inputs for developing the Project management Plan. Project Scope Management Scope Management is the process to define what work is required in the project and then making sure that the work gets completed and only that work which is inside the scope gets completed. References • http://www.ssi-learn.com/~ssilearn/downloads/Why%20PMP.pdf • http://blogs.msdn.com/b/jmeier/archive/2012/01/29/project-management-body-of-knowledge-pmbok-framework.aspx • http://www.mindtools.com/pages/article/newPPM_85.htm • http://www.method123.com/project-initiation-phase.php

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