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Is The PMP Overrated? 5 Reasons Why I Think It Is

Is The PMP Overrated 1

Hello there! In the event you’re aspiring to be an ideal Undertaking Supervisor, one of many certifications you’d keep in mind is the Undertaking Administration Skilled (PMP).

However right here’s a query for you: At the present time – is the PMP overrated?

The PMP has, for a few years, has been the calling card of many an skilled PM.

However now many individuals ask if Undertaking Managers nonetheless want it or will they do high-quality with out it?

Keep in mind, it is advisable to spend hundreds of dollars in each money and time with a purpose to get the requisite expertise and cross the PMP examination.

Should you spend all that time and effort, you’d need to be sure to get a strong Return-On-Funding (ROI) in your PMP endeavors.

On this article, we’ll check out 5 explanation why I feel the PMP is overrated (and what different talent units matter extra out there).

Is the PMP overrated this present day?

1. Background

Earlier than we delve into the the reason why the PMP is overrated today, let’s attempt to perceive how the PMP advanced.

The PMP got here from a historical past of serving to Undertaking Managers handle giant engineering tasks.

This, towards the background of huge, Fortune 500 corporations, the place huge politics and paperwork have been a part of the sport.

The PMP can be helpful in these contexts, as a result of it lends construction (I’d say typically an excessive amount of construction and frameworks) to what’s organizational chaos.

However that was 10 years again!

Nowadays, there are new methods of working.

“Merchandise”, not “Tasks” are being launched by corporations.

Virtually everybody has began to embrace agile undertaking supply.

Companies want their merchandise delivered in days or months, not years.

Know-how has additionally advanced to a state (assume cloud-based, configurable software program) the place computing energy is a given, and customers might be handed a number of energy to assemble their very own software program merchandise, on or offline.

Briefly, this can be a totally different world.

And one the place, I typically assume the normal “PMP certification” will wrestle with.

If I quick ahead one other ten years, heck … I’m not even positive issues like “venture portfolio administration” or “undertaking administration processes” will nonetheless be utilized in firms.

With the above being stated, let’s delve into some element precisely why I feel the PMP is overrated nowadays.

Cause #1: You Work For A Smaller Group

In the event you work for a corporation that’s say lower than 50 individuals, the PMP is probably not so helpful.

Let’s be trustworthy right here …

Should you’re the Undertaking Supervisor for a challenge that has solely say 20 customers, I’d say there’s no want for a PMP certification.

All of the “Venture Administration Processes” that the PMP touts might be irrelevant!

The truth is, I feel they’ll trigger extra hassle than they’re value.

The venture administration processes have a spot in a corporation the place you have got a whole lot of stakeholders to handle.

Otherwise you want construction, frameworks and documentation to reveal you’ve deliberate, scoped, signed off or in any other case meticulously tracked all method of venture parts.

However in a small agency, you’ll solely be unnecessarily burdened by this stuff.

So, briefly – for a smaller agency, the PMP just isn’t so related.”

Cause #2: New Methods Of Working (Agile And Prototyping)

A second purpose why I’d think about the PMP overrated is because of the method tasks at the moment are being delivered.

The methods through which know-how tasks are delivered right now are very totally different from ten years in the past.

Right here’s the factor …

What’s the one factor employers ask of IT tasks lately?

Properly, they ask for early enterprise profit supply.

That’s one thing that a conventional, PMP-certified PM could have hassle delivering.

PMP is tuned in the direction of large-scale, Software program Improvement Lifecycle (SDLC), waterfall approaches to venture supply.

This present day, this doesn’t work.

Everyone knows that SDLC tasks take a VERY very long time to ship enterprise advantages.

You code or configure a software program product for months or years, and typically provide you with one thing that the enterprise consumer doesn’t even need!

So how can we get “early enterprise profit supply”?

These of you who perceive agile, will know the reply is agile venture supply.

Quick-paced, “put the consumer and builders in a room” strategy to software program improvement.

For my part, the PMP certification has not but advanced to cater to the brand new, agile methods of working.

So when you’re very a lot in an agile mode of working, the PMP might not make sense to you.

You’re higher off looking for a “Licensed Scrum Grasp” sort of credential.

Purpose #three: You Need To Do Enterprise Technique, Not Personal Giant IT Tasks

Let’s be trustworthy with ourselves right here.

What number of of you do “”IT challenge administration””, however what you REALLY need to do is the “”attractive”” stuff like enterprise technique?

I see this on a regular basis in my consulting life.

Scores of Venture Managers, Enterprise Analysts work like hell in IT tasks however aspire to in the future be a part of the likes of McKinsey, The Boston Consulting Group and Bain & Firm.

As a result of consultants there – they’re extra prestigious and command greater salaries.

Or others need to be a part of “Enterprise Administration” or “Company Technique” roles in banks or insurance coverage corporations.

When you actually need to do enterprise technique or enterprise administration, and so on. then I say – DITCH the thought of a PMP!

It’ll solely be a distraction and a waste of money and time.

Case Research. Let’s take a look at a case research – myself!

I used to be in an IT consulting agency for a few years, then went to work for a financial institution. I had a level in Engineering, then took a Monetary Engineering diploma.

However I all the time needed to do “actual enterprise technique”. Not IT tasks. So did I’m going an research the PMP?

Nicely, heck … no.

I went on to do a MBA – as a result of that may train you the talent units for enterprise technique, NOT the PMP.

So, be very clear what you finally need in your profession path. And if the PMP doesn’t align to that – don’t do it!”

Is The PMP Overrated 2The PMP will not be helpful in case you’re taken with enterprise technique or technical design

Cause #four: You Have Very Little Background In Undertaking Administration

These of you considering of a PMP certification will know that the PMP requires challenge administration experience to be demonstrated by candidates.

Now, when you have little or no experience in challenge administration, it might not make sense to pursue the PMP.

Give it some thought this manner …

Accumulating undertaking administration experience (e.g. by volunteering your time or discovering alternatives in your agency) takes up lots of time.

It is advisable to discover a appropriate challenge and canvas help on your involvement.

Keep in mind, you don’t have earlier expertise, so some people might want to take you into the challenge on good religion.

Case Research. I keep in mind a time in my profession once I was in the identical state of affairs.

I didn’t have sufficient undertaking administration experience and learning for the PMP and accumulating precise PM expertise would take a very long time.

So my thought course of was: “Am I higher off taking a look at various profession improvement choices?”

In the long run, I made a decision on pursuing a Finance and MBA qualifications as I needed to align myself extra to business and in addition enterprise technique.

In abstract, you do have to take into accounts whether or not the time spent in accumulating challenge administration expertise and learning for the PMP actually strikes you in the direction of your meant profession path.

If not, ditch the PMP and discover one thing that helps you in a greater means!

Cause #5: You Like Designing And Creating Know-how Options

I’ll be upfront with you.

I personally know loads of technologists, programmers and IT architects who LOVE designing and creating know-how options.

I imply, they’ve a fierce PASSION for this stuff.

BUT lots of them select to surrender these IT careers as a result of Venture Administration is deemed to command (1) higher pay and (2) higher status.

A number of people change into undertaking administration for the improper causes.

Undertaking Administration is just not for everybody.

If you wish to perceive the talent units wanted for a PM, learn my articles right here and right here.

I say search inside your coronary heart.

If what you really need to do is to programming, then do it!

In the event you love drawing up IT answer architectures, then go for it!

Make investments your self wholeheartedly into IT and know-how talent units like APIs, massive knowledge or cloud based mostly architectures.

Ditch the PMP – it gained’t be one thing that ignites the eagerness in you.

And in addition to, I could be the primary to attest to you that technologists can receives a commission method higher than a Venture Supervisor nowadays.

Technologists are additionally higher revered than they have been prior to now. And sure, they command extra status, particularly in case you are a robust authority in your space of IT.

Closing Ideas

In abstract, I’ll depart you with three takeaways.

First, the PMP is certainly overrated lately as a result of occasions have modified.

The best way the company world appears to ship IT tasks has modified.

As an alternative of conventional waterfall, large-scale tasks, increasingly more companies look to agile and prototyping approaches.

These render the PMP much less related. You’re higher off taking programs in agile challenge supply.

Second, when you’re unsure if venture Administration is absolutely for you, I say have a tough take into consideration what you need your profession to be.

You is usually a Enterprise Analyst, IT Skilled or play different fascinating roles.

Challenge Administration just isn’t for everybody.

And when you’ve selected what you really need to do, you possibly can then take the suitable certifications you want.

For instance, Enterprise Analysts can contemplate certification choices like this or this.

And technologists can take a look at programs like these.

The important thing factor is to not assume in silo. Simply because others are taking the PMP doesn’t imply it is advisable take it.

Lastly, in the event you’re struggling to additional perceive challenge administration and whether or not it’s the trail for you, you’ll be able to take a look at my information to challenge administration right here and right here.

Learn extra about being a PM and also you’ll start to see if it’s actually for you.

I hope the above has helped you perceive the PMP lots higher and that it might certainly be overrated, particularly if it’s not aligned to your final profession path.

Till subsequent time, have enjoyable studying about challenge administration and the multitude of roles you possibly can play in IT tasks!

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