Project Management according to PMI (Project Management Institute) the body which regulates the profession is defined as the application of knowledge, skills, tools and techniques to project activities so as to meet project requirements. Anyone can work within the profession, however certain requirements are mandatory before an individual is certified by the PMI has been competent and knowledgeable. The certifications showing competency in project management includes CAPM, PMP, PgMP, PMI-ACP, PMI-RMP and PMI-SP. In order to earn a CAPM certification, an individual must have a high school diploma coupled with 1500 hours of project experience or have 23 hours of project management education. Once any of this requirement is met, such individual sits for an exam administered by PMI. Success in the exam then leads to the conferment of the CAPM certification.
It should be noted that in other to stand out, a project manager needs to have good communication skills, must be very well organized and also have the ability to remain calm in different situations. Project manager’s experience is very crucial to the success of different businesses as they are capable of providing detailed project cost estimations which ensures companies do not exceed set budget for projects. Project managers also see to it that business resources are judiciously used to achieve project goals. Project Management enables companies to measure how a company performs in terms of meeting set goals. Once a project has been completed, customer satisfaction and return on investment are two crucial performance indicators used to ascertain the effectiveness of using project management methods to deliver projects.
Information available on the PMI website states that 1.57 million new project management jobs would be created through year 2020.According to payscale.com, a project manager in IT with PMP certification can expect to earn $64,374 to $107,200 in a year.
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