Is a PRINCE2 qualifcation even worth it?
Whether you're already a project manager, IT director, or software engineer, it's always important to stay up-to-date with industry best practices and certifications. The United Kingdom's most popular and de facto certifications for Project Management professionals are PRINCE2 Foundation and PRINCE2 Practitioner. Designed by Axelos Global Best Practice, PRINCE2 (Projects in Controlled Environments) promotes processes charting one’s progress towards organizational goals and provides an effective framework for successful project management. But how much value does PRINCE2 Certification really bring? This blog post will discuss the benefits of having this qualification and whether it is worth obtaining as your next step in career success.
What are its benefits of PRINCE2 qualifcation
PRINCE2 certifications are comprehensive, highly sought-after qualifications for those looking to work in the project management industry. It establishes a common language and structure of project management best practices that are globally-recognized, allowing certified professionals to leverage their skills efficiently across projects, organizations, or countries. The benefits of PRINCE2 qualification include gaining valuable skills and knowledge for successful projects, developing key concepts such as delegation, planning, and control and communication techniques. It also provides an opportunity to increase job satisfaction as well as career progression potential and networking opportunities with other professionals within the industry. All in all, this certification can provide an invaluable skill set to help any professional stand out from the crowd.
What is the difference between PRINCE2 Foundation and PRINCE2 Practitioner?
The PRINCE2 Foundation and Practitioner qualifications demonstrate an individual's understanding of the methodologies and processes associated with PRINCE2. The Foundation provides a firm basis of knowledge in the principles, terminology, and processes of the project management methodology. The Practitioner level is designed to assess whether the candidate can apply the PRINCE2 method confidently and with proficiency in a real-life situation.
Will the PRINCE2 qualification help me get a job?
PRINCE2 qualifications can certainly help you get a job and it is becoming an increasingly sought-after skill among employers in the UK. According to a recent survey by the UK's leading job board, Indeed, the number of job postings that specifically mentioned the requirement of a PRINCE2 qualification has increased by 37% from 2018-2019. This is a good indication that having the qualification can certainly give you an edge in the job market and make you more attractive to potential employers.
Should I start with PRINCE2 qualification?
Earning a PRINCE2 qualification is an excellent and necessary first milestone for project managers who are looking to stand out and secure new project opportunities. The process of obtaining PRINCE2 credentials not only demonstrates commitment to project management best practices, but also provides individuals with the tools they need to successfully manage multiple projects concurrently. While PRINCE2 certifications offer project managers several benefits, it is significant to weigh them against the pros and cons before enrolling in courses or exams. Those without formal project management experience may find the foundational knowledge gained from certifications like APM Project Management Fundamentals a better introduction.
What is the PRINCE2 earning potential?
The PRINCE2 qualification is highly valued in the UK project management industry, and having this qualification can lead to a higher earning potential for those who obtain it. According to research from Randstad UK, holders of a PRINCE2 certification can earn up to 19% more than their non-certified counterparts. Furthermore, the certification is also required for many employers and can significantly increase the chances of securing a highly paid job in the project management field. The demand for certified professionals has grown substantially over the years, with the PMI Project Management Job Growth and Talent report highlighting the need for 22 million new Project Managers by 2027. In addition to higher earning potential, PRINCE2 certification holders also have access to exclusive networking opportunities and can join specialized groups or forums. This can help further increase their industry contacts and ultimately lead to even more lucrative career options. Overall, having a PRINCE2 certification is an essential component for any project manager looking to maximize their earning potential.
Earning a PRINCE2 qualification is an important milestone for project managers who are looking to stand out and secure new project opportunities. The process of obtaining PRINCE2 credentials not only demonstrates commitment to project management best practices, but also provides individuals with the tools they need to successfully manage multiple projects concurrently. Is PRINCE2 worth it?, do you want better job opportunities, influence your earning potential and validate your knowledge, then PRINCE2 qualification is definitely worth it!