Ramachandran SwaminathanRegional Delivery Manager| Oracle Consulting IndiaBangalore, Karnataka, India
I completely agree with both Sergio and Peter. There is no guarantee that the PMP certified PM would fulfill the objectives/duties of the position, you should rather see his fitment/alignment with your organizational goals. Try to answer these questions before deciding
1. What is the objective of having a new PM? Is it for improving the existing project mgmt process or to bring in some new processes to ensure compliance(Like ISO, CMMi certifications) Whether the new PM has experience in this area
2. How soon do you need the new PM? Can the existing guy be groomed or is there any objective to be met urgently(Like ISO, CMMi certification) Saving Changes...
PMP holder is highly recommended due to the proven Knowledge of best practices that lead your project to meet its objective Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Each alternative has its pros and cons.
Hiring someone brings new blood. They will have new ideas and new energy. On the other hand, that's a net staff augmentation, with all the extra costs involved. The new person won't be able to be 100% effective on day 1. You can expect a transition period for them to get familiar with the organization, processes and culture.
Grooming someone to a new job is a great way to develop internal resources and keep your employees motivated. The person will already be familiar with the intricacies of the organization. On the other hand, moving an internal person into a new role leaves another role vacant.
By and large, hiring is faster but more expensive than grooming.
I do have one question: would this be the company's first PMP holder? Saving Changes...
