It was hard to ignore the impact project management made in 2017. For the first time in five years, we saw an upward trend in successful project outcomes with projects meeting objectives on time and within budget. Clearly, organizations worldwide are realizing the importance of project management, and the number of successful project outcomes is on the rise.
The Project Management Institute’s Pulse of the Profession® is a global survey that provides industry research and trends for project management. According to PMI CEO, Mark Langley, “we are encouraged to see in this year’s Pulse of the Profession® that organizations are making progress—signiﬁcant progress—as they are experiencing more success with implementing strategic initiatives.” Langley goes on to explain that organizations invested in validated project management strategies save 28 times more money by successfully completing projects on time and within budget. Undeniably, project management strategies are making a significant impact.
Meeting the Challenges of an Evolving Technical Landscape with Project Management
Taking on new technologies while minimizing business disruption certainly has its challenges. Advancements in cloud, artificial intelligence, mobile, data science and the Internet of Things are improving the ways organizations operate, but often require a host of new skills and a disruptive implementation process. With so much at stake, ensuring successful project outcomes has never been more critical.
Pizza Hut’s chief digital officer, Baron Concors, explains new developments are not only changing his outlook, but also his approach to the adoption of new technology. According to Concors, “if we do not change our approach, we are not going to be able to keep up with the changing demands.” Pizza Hut is not alone. Organizations worldwide are changing their strategies to meet the challenges of new technology. These strategies are making it possible to keep pace with new developments while minimizing disruption to the organization.
In this rapidly evolving world, organizations must be bold. Staying relevant requires more than following technical trends; it requires organizations to take on new technologies and lead the way. Here’s a quick rundown of the different types of project management and a list of a few certifications that will help your organization maximize project success.
Types of Project Management
- Waterfall is a project management methodology that follows a rigid, sequence-based process in which development flows downward through specific phases of a project. While this system has worked well in a variety of industries, it falls short of meeting the requirements of software development and IT due to its inflexibility.
- Agile is all about adaptability to change. Rather than following an existing strategy that may become obsolete during the project, Agile practices utilize flexibility to achieve project objectives. Some of the benefits associated with Agile project management include fast delivery, on-going revision and the ability to react quickly to change. These benefits make Agile project management an ideal model for software development and IT.
- Scrum is an Agile framework that applies a team-based approach to project management. Team members interact to achieve shared business goals, and product increments are completed during Scrum events called sprints. Scrum team members respond well to change and are capable of shifting the direction of a product to take advantage of newly learned information.
Certified Associate in Project Management (CAPM)
The CAPM from PMI is an ideal certification for practitioners beginning a career in project management. This accreditation validates a thorough understanding of the principles and terminology used in the Project Management Body of Knowledge (PMBOK Guide) and covers best practices used in entry-level project management. The CAPM is also a great stepping stone towards more advanced project management certifications and provides an entry point into a rapidly growing field.
Project Management Professional (PMP)
The PMP is clearly PMI’s most popular, professional-level certification. With over 750,000 practitioners worldwide, the PMP remains the top certification in project management. Project managers with the PMP often lead projects that involve in-depth planning, linear execution and a predetermined schedule. This is a perfect certification for any veteran project manager responsible for leading projects and managing cross-functional teams.
PMI Agile Certified Practitioner (PMI-ACP)
The PMI-ACP is rapidly growing in popularity as the demand for software development continues to rise. Organizations running in-depth projects recognize the benefits of adaptivity and responsiveness and are experiencing much more success when projects are led by professionals skilled in Agile practices. The PMI-ACP includes a variety of approaches such as Scrum, Lean, Kanban, extreme programming and test-driven development. This is an ideal certification for project managers who work for organizations heavily invested in software development and IT.
Certified ScrumMaster (CSM)
The CSM is Scrum Alliance’s most popular certification and provides validation for 460,000 project managers worldwide. This certification helps Scrum professionals expand their career opportunities by staying relevant and engaged in a community of established Scrum experts committed to the advancement of Scrum practices. Certified ScrumMasters are experts in Scrum methodologies and help project teams utilize Scrum.
Certified Scrum Developer (CSD)
The CSD is a Scrum Alliance certification designed for project managers in the field of software development. About 5,000 practitioners have achieved the CSD. However, these numbers will likely increase as the field of software development continues to grow. Certified Scrum Developers possess a combination of skills including talent assessment, a working knowledge of Scrum principles and a thorough understanding of Agile practices. The CSD is an ideal certification for any project manager working in software development.
Summing It Up
Project successes are on the rise and those with right certifications are leading the way. While it takes a significant amount of time and work to achieve a project management certification from a reputable vendor like PMI or Scrum Alliance, it’s certainly worth the effort.
Although New technologies improve the way we operate, implementations can be disruptive. This is why project management has never been more important. After all, organizations can’t wait to adopt new technologies if they truly want stay relevant. Rather, they must embrace new challenges and lead the way.
Anyone interested in learning more about project management certifications is encouraged to speak with a friendly Firefly representative about all our training options. Get started on the road to successful project management with Firefly.