project management

Topics: Project management, Project Management Professional, Management Pages: 4 (934 words) Published: January 15, 2014
Project Management
Project management is the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project goals and objectives.

Some Facts!
One fifth (1/5) of the world’s GDP (U.S. $12 trillion) is being spent on Projects. With projects being mandated on such large scales – a shortage of 6 million skilled project professionals is expected by 2013. It’s the only profession where the income levels continued to rise despite the recession. According to a 2007 PricewaterhouseCoopers survey, 80% of high performing projects use a credential project manager. The steps involved in Project Management:

Initiation
Planning
Execution
Control
Closure
What is PMI?
Project Management Institute offers a comprehensive certification program for project practitioners of all education and skill levels. Benefits of a PMI certification:
Flexibility: the certifications are not based on one specific methodology, so they are flexible and adaptable. So we can easily switch between industries, market segments and geographic location. Up-to-date: keeps us up-to-date on the current skills, knowledge and best practices needed for a successful career. Financial benefits: A certification on the Project Management Professional (PMP) credential increases the salary up to 10% according to the PMI Salary Survey – Sixth edition, 2009 and helps us stand out. Renowned certification: PMI has provided project management certifications for over 25 years and is the most renowned certification of all.

PMI Certifications:
The following are the various certifications available under PMI: Project Management Professional (PMP): It is the most important globally-recognized and independently validated credential for project managers, perfect if you have demonstrated experience and competence in leading project teams. Certified Associate in Project Management (CAPM): It is a good entry-level certification if you’re new...
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