PRINCE2 training and PMP certification for powerful project management career advancement
A successful project management career path depends on the combination of training, experience and coaching/mentoring, particularly to advance from project to portfolio and programme management.
Individuals that are new to project management will find that most roles require a project management qualification, with PRINCE2 training as well as the Project Management Professional (PMP) and Association of Project Management Professionals (APMP) being the most relied upon by organisations around the globe.
The PRINCE2 Foundation and Practitioner certifications are considered key qualifications as they provide individuals with sufficient knowledge to work effectively with, or as a member of a project management team that is using PRINCE2.
It is the first step for any individual looking to increase their project-based employment prospects, such as when applying for project administrator or project co-ordinator roles.
The benefits of combining PRINCE2 training with PMP
The PRINCE2 Practitioner certificate is viewed as an equivalent to the PMI’s Project Management Professional (PMP) or Association of Project Management Professionals (APMP) qualifications and will reassure potential employees that a project manager possesses the knowledge to use and tailor PRINCE2 to the needs of the project through the detailed processes, roles and responsibilities that it provides.
However, the PRINCE2 Foundation and Practitioner qualifications do not cover the whole range of competencies required to support longer-term career advancement in project management, particularly the relationship-based skills covering communication, leadership, motivation and team-building, and the more technical tools such as critical path analysis and the earned value technique.
These are taught on the PMP qualification which is based on the project management body of knowledge (PMBOK) from the Project Management Institute (PMI).
Because all these credentials offer the essential benchmarks of capability to deliver projects successfully, it can be difficult for individuals to decide which route to follow from the outset. It is therefore important to consider that while they seem very different, the two approaches are highly complementary to each other and will offer project managers a more rounded appreciation of the profession early on.
By combining the two approaches, project managers will gain the necessary business and leadership skills to successfully deliver projects that are strategically aligned. Otherwise known as strategic execution, these projects (identified as contributing the greatest strategic value to the organisation) will depend on strong leadership from programme and portfolio managers, as discussed in the need to combine PRINCE2 with PMP for corporate advantage.
PMI’s Talent Triangle ensures project managers have well-rounded skills
The PMI recognised the need for organisations to think, lead and execute more effectively and addressed this by designing its Talent Triangle to give project managers a greater understanding of strategic execution.
In practice this means that strategic business management and leadership skills have been given equal importance to that of technical project management skills.
Project managers who are now completing their PMP will have a clearer idea of the longer term goals and strategies of their projects, feel confident to challenge accepted ways of working in the interests of improving business success and ultimately develop into more senior and strategic positions.
Those wanting to advance to the next step in the project management career ladder and oversee the delivery of business strategy through integrated projects must therefore be able to identify the projects which offer the greatest value and contribution to the strategic interests of the organisation, and ensure they are resourced accordingly and delivered successfully.
As such they will need to demonstrate they have knowledge and skills to be able to undertake the following:
- Implement business strategy
- Establish programme governance consistent with that strategy
- Monitor and control the interdependencies between projects
- Deal with escalated issues outside of each project
- Manage the contribution of each project to the benefits
- Ensure their project management talent have the capabilities to think, lead and execute effectively, in order to improve project performance and increase portfolio effectiveness
Programme and portfolio managers will need to obtain the core competencies and capabilities for governance, risk and change management, and most importantly, assess and measure demand requirements against the skills, competency and experience of the project teams by obtaining the skillset and functional expertise set out in the Talent Triangle.
Now, with training through the PMI’s Talent Triangle, project managers will gain the required strategy execution credentials to not only advance in their careers but also help their organisations achieve corporate advantage.