If we talk about some popularly known facts concerned with PMI’s PMP certification, they would be:
- PMP is the most prestigious certification in project management domain!
- PMP has got global recognition!
- PMP does bring salary hikes!
- PMP attracts better career opportunities!
But, yes, another important thing that an aspirant should know about the credential is that it is EXPENSIVE! You do need a lot of money to earn this emblem of project management.
Those who can afford, well and good, but what if the total fee goes out of your budget? The best way out is to convince your employer/company to sponsor for your PMP certification. Though there are many big companies who willingly invest in further education and training of their employees,
Planning
This is where you will be giving an actual shape to your plan and take it up to an appropriate (or say presentable) level. Draft a decent proposal or a PowerPoint presentation with clearly bulleted benefits that you earning the PMP certification will be getting in for the company. Do not just highlight the benefits that PMP is going to have for you as an individual, but instead focus more on the value that PMP is going to bring for the company, and also how a PMP certified employee can help raise the ROI of the company.
Also, do include options for various training modes like Classroom, Online, Live Learning, along with detailed costs associated with each. This raises the chances of your employer to zero in on any one of the mode rather than simply discarding the proposal.
Besides this, also prepare a sheet with the probable questions that may be raised and keep it handy.
Just analyze the right time as well as the right person to put ahead your proposal, and send it across. Make sure to send your proposal at the time when he/she is not already busy with some other important task. If this happens to be the case, your employer might not be in any mood to have a look at your proposal, and it may possibly get piled up in other documents on your employer’s desk.
Managing and Controlling
Keep a close track of what’s happening with your proposal. If your employer calls you up for a discussion over your proposal, it’s a good sign. This shows that your employer is taking interest in your offer and is willing to listen more about it from you. You need to be actually prepared well for this time.
Even though the proposal manages to create a good first impression, verbally assuring your employer about the value of PMP is extremely important. Do let him know how important PMP can be for the growth of the company. Tell him that PMP will help the company to take an upper hand in the competitive market. Moreover, the overall fee is anyways going to be way lesser than the amount the company will have to spend to hire a new employee with the certification.
Also, it is important to identify potential problems that may arise in your path and stay prepared with the corrective actions for the same.
Northwestern spends too much on recruiting and education to see a majority of its employee leave before they are able to have a full career as a financial advisor. By paying their employees northwestern is able increase employee productivity, increase the employee’s lifespan at the company, which will increase the number of clients northwestern will have as well.
was based on estimation, cost control, contracts and procurement. This class was very important for me as I got to know about gantt charts, logic diagram, price of estimate, Project Risk, Payback Period and risk analysis. Gantt chart is a graphic display of the output on a time scale. It also shows the amount of work done or production completed in certain periods of time in relation to the amount planned for those periods. I also came to know that Senior management must create a corporate culture that supports project management and demonstrates faith in the methodology. If this is done successfully, then project risk can be prevented. I also understand the importance of payback period. payback period is the exact length of time needed for
there is a greater financial security than with the solo practices. The pay includes salary and
only dedicated workers to apply for this program. That is exactly why this program should be
The plan for having a promotion in the work field is a rough task. The process of me presenting this to top management would be able to know what the skills are needed for the next position. Provide proof to head management that one is ready for the next position. One should be able to predict to questions that will be asked. Lastly, one should able to present in a professional manner to head, to convince them why the position really matters,
One way to provide clear description of a project is to prepare project charter. A Guide to the Project Management Body Of Knowledge (2008), “it is the process of developing a document that formally authorizes a project or a phase and initial requirements that satisfy the stake holder needs expectations” (pg.71). Preparing a project charter is the initial step for project manager to start any project. In Project charter we can describe different components of the projects. To start any project, preparing a project charter is the initial steps for project manager. Some of the essential components are described below.
An offer can be made to one person or a group of persons or to the world at large. The offeror is bound to fulfil the terms of his offer once it is accepted. The offer may be made in writing, by words or conduct.
Project management is a discipline based on careful planning, organization, motivation and control of resources to achieve specific goals and meet specific success criteria. Since every project is unique in nature, a project manager must learn to adapt and identify key areas to drive success. Thus, as a learning initiative, we were given a project to manage through a simulation program named Sim4Project. The emphasis of this simulation was on learning-by-doing, just like in a real-life project. Sim4Project provided a good mix of theoretical knowledge as well as hands-on experience. Professor Leonie gave feedbacks at the end of each period to ensure we were incorporating the project management principles learned in the classroom.
 Government departments( Zimra, RBZ, Min of industry trade and commerce, ministry of sports and culture)
In the globalized economy, Successful project managers are in much demand across many industries. Organizations strongly need experienced project managers to lead their staff to accomplish their business goals and deliver successful projects. In an increasingly complex environment, project managers need to turn into many roles and have all kinds of responsibilities at each level of management within an organization. Good project managers are not born. They need to be trained. They develop their skills through study, practise and experience. They become better project managers after they finish a successful project each time. They learn new techniques and apply them on their projects. They learn their lessons from failed projects and then improve to be better project managers in the future.
For this project, a Request for Proposal (RFP) will be issued in order to solicit proposals from various SAP business partners’ vendors which describe how they will meet the requirements, deadline and the cost of implementing the finance
I am committed to developing my professional skills to allow me to work to the fullest of my potential, and as a consequence I am highly motivated to study for an MSc in Project Management. I believe that it is essential for project managers to be equipped with the skills that are necessary to allow ambitious projects to be completed on budget, on time, and according to their original specifications, and I believe that completing this master’s is the best way to acquire those skills.
The first and most crucial step is to create a solid plan. Plan should include the techniques, tools and data that are going to used in the project. The responsibilities of all the members should be distributed at this step. The utilization of resources and budgeting of the project should be done here. Management tools such as probability and Impact Matrix, FMEA are useful at this point.
They need experienced project managers to lead them through the process of implementing project management as they are just starting the journey towards project management maturity. It is necessary for them to outsource for a longer period of time and not just for training in order to follow the right direction on their PM implementation.
In addition, for employers this also means checking out the pricing structure. Before you sign a deal, you should be aware of the different costs associated with the process and whether the agency has any hidden fees attached.