I am working in a fx company where recently I was asked to work and handle the projects for my company where I have liaise to directly with clients.
In past, I have dealt with internal projects but it was internal only that too without any professional trainning.
I was thinking to takes steps towards a proper professional trainning first where my managment skill can be sharpened and can think in different ways and can have professional approach.
But bit confused with what sort of course is best for me...so need some expert to guide me
Cuople of courses which came while googling were PRINCE and PMI but very confused with which one to go for...
My suggestion would be to go for PMP first because it is more fundamental and conceptual than PRINCE2 and PRINCE2 sort of presumes PMP knowledge. But PRINCE2 has a product focus that PMP lacks and is much stronger on project governance. Though I teach PMP exam prep - to expose my bias - I really like the PRINCE2 focus on delivering tangible results to the customer. Saving Changes...
Rachel LaiProject Director (MProjMgt)Brisbane, Australia
Hi Jig
It really depends on a number of things - what specific areas of project management do you want to get more exposure to? what types of organisations is your company liaising with?
Prince2 is heavily used in the UK if you work in or work with the public sector and gives you are good understandng of the principles of project management however, it does not touch on financial or procurement management like the PMP certification.
My suggestion and from my own personal experience is to weigh up what your organisation wants to achieve, what you want to achieve personally and what each of the certifications have to offer then go from there. There are a number of different sites which have performed a comparative analysis on the two certifications (e.g. http://www.hilogic.com.my/PRINCE2-PMP-PMBOK-Comparison.html) so it might be worth reviewing these along with you aspriations & your organisation's direction and see which one fits in the best.
Hope this helps.
Rachel Saving Changes...
Danny VandeweyerManagement consultant| Newpoint ProfessionalsKontich, Belgium
I've worked with both and to me they're complementary.
Where Prince2 is strong in providing you a method with thorough controls for your project, PMBOK is strong in the area of competences.
Since you're based in the UK, I suggest that you first go for Prince2.
I am going on course on 8th March.
Thank you all.
Jig Saving Changes...
John ZacharProduct Dev Manager| Association for Project Management (APM)Brackley,, Northamptonshire, United Kingdom
Jig,
I’m a PM consultant living in the UK, I’ve been training PMs for about 20 years or so. I am now working at the Association for Project Management as Prod Dev Manager, focused specifically on qualifications and our BoK and Competence Framework.
PMI’s PMP is a well regarded qualification; its been around for a long time, and there are thousands that hold the qualification. APM’s APMP is a comparable qualification. Both are pitched at about Level 4 of IPMA’s ICT and OFQUAL’s Curriculum Framework. Both are knowledge qualifications. If you know the material you can answer the questions. PMI’s PMP examination is multiple choice and tests two subjects / aspects in each question. The APMP exam is an exam with essay questions; where 10 out of 16 questions must be answered.
Something that must be remembered is just because you know the material, doesn’t mean you’ll be successful. Prince 2 provides ways and methods of doing things with templates that help to ensure things get done. Prince2 is a method; a way of managing projects. However, there are lots of different ways to manage a project, and in a particular set of circumstances something like AGILE may be more appropriate.
PMP (or APMP) and Prince2 are different, but complimentary. There is only about a 40% overlap between the two qualifications. I hold both an APMP and Prince2 Practitioner qualifications and am a Fellow of the APM.
Since you live in London, you can get my contact details here on Gantthead, or just contact the APM and ask for me if you want to have a conversation. I hope this has helped.
Saving Changes...
Forgot to mention...PRINCE2
Thanks once again
Jig Saving Changes...
Anonymous
It depends, are you already a competent project manager who knows the fundamentals of PMBoK’s nine knowledge areas? If so then go for Prince2, which a strong on project governance as it was developed by UK government.
I did a Prince2 course and it will not teach you to be a project manager. It does not cover all the nine knowledge areas, so if you rely only on Prince2 then your tool box will be lacking in some vital tools.
One thing to remember is that PMBoK is not a methodology, it is a standard or a guide and covers a wide range of PM topics. Prince2 is a methodology and comes with workflow, templates and procedures but it does NOT cover all the PM topics. As John Z said there is only a 40% overlap.
Good luck
Saving Changes...
Bernard GorePortfolio, Programme & Project Professional| NZ PoliceWellington, New Zealand
Both Prince2 and PMP tend to be training towards those specific qualifications, and that doesn't seem to be what you need most - you need training that focuses on real-world managing of projects without too much focus on one methodology, so I'd avoid course that specifically target those and look for those with generic titles such as "Project Management for Managers". Saving Changes...
Thomas RiceOperations Manager| EMCOR Facilities ServicesGlendale, Az, United States
