What is the significance of project management institute Zachary B. Casey

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by Zachary Casey1 view·Updated Nov 6, 2020
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  1. What's going on, everybody?
  2. I'm Zachary Casey.
  3. And today we're gonna be going over the significance of
  4. P M.
  5. I. Well, before we can talk about the significance of
  6. PM I, we have to understand its competitors.
  7. Er So for example, I'm gonna give us I p
  8. m a Now I p m a is what you're
  9. seeing on the screen right here.
  10. I p m a stands for the, uh, International Project
  11. Management Association.
  12. Now, as you can see, the members association right underneath
  13. there is all of the associations that fall underneath it.
  14. Well, I p m.
  15. A is basically a parent company and you have sub
  16. categories like these other associations that fall under there.
  17. All these associations are based in in their own country.
  18. For example, on 3.2 our research projects or 3.1 our
  19. research projects, I chose to do Italy.
  20. Now Italy's is a n i M.
  21. P. If I can pronounce that, I would.
  22. However, the English version is the National Association of Industrial
  23. Plant Design.
  24. Now, the significance of I p m.
  25. A is yes, they do offer great professional certifications.
  26. However, to receive those certifications, you have to go through
  27. an interview process and sit down.
  28. Process any basically eyes an in person test.
  29. However, the PM, my certification a k a PMP.
  30. As you see right here, the project management profession certification
  31. that you would receive from P.
  32. M. I is a world renounce very recognized certification.
  33. And if you walk into work force with a PMP,
  34. more likely than not, companies are going to understand and
  35. recognize the certification.
  36. Now, a little fun fact for you.
  37. According to Forbes magazine, if you have a PMP certification,
  38. you're 23%.
  39. You're going to make 23% uh, mawr than your peers
  40. who did not have a PMP certification.
  41. Now, take those numbers right.
  42. And, yeah, think of it like this.
  43. Back in 2018, the PMP certification that one would hold
  44. was valued at $114,000.
  45. One year later, in 2019, it rose 18.6% making it
  46. making it worth total of $136,000.
  47. It was quite a bit of quite a bit amount
  48. of money, right.
  49. I'm sure we can all appreciate a little bit more
  50. money in our pocket.
  51. Yeah, so I'm gonna teach you how to make that
  52. money. Now you're probably under all wondering, right?
  53. How can I apply to get the certification?
  54. Well, if you have a four year degree, you need
  55. a minimum of 36 months professional project management experience, 3
  56. 45 100 hours of work in directing or leading projects
  57. and 35 hours of project management education.
  58. Now, if you didn't go to college and you only
  59. have a high school diploma, that's fine, too.
  60. No worries.
  61. However, you just need a little bit more a little
  62. more time to get your get your P MP.
  63. For example, you need 60 months of professional management experience,
  64. 7500 hours of work directing or leading projects and again,
  65. 35 hours of management education Now to take the test
  66. right. Those are all prerequisites.
  67. Once you complete all this prerequisites, you could take a
  68. test. A 200 question test to the exact 25 questions
  69. of that 200 question test is pre released so you
  70. could get a baseline, see where you're at.
  71. Now, take those 25 questions subtracted from your 200 you're
  72. left with 175 questions that will be counted against you
  73. on your final score to take this exam.
  74. If you are a member, it is $405.550 not being
  75. a member.
  76. Well, e, I hope you understood the significance of getting
  77. your p MP from P M.
  78. I. You will make it quite a bit amount of
  79. money. It's world recognized, just like we talked about.
  80. And I mean, it'll basically set you up for any
  81. job in the future.
  82. One Onley land you You know what you're looking for?
  83. It will also help you personally, so I hope you
  84. learn a little bit something.
  85. Please leave a comment at the bottom.
  86. Let me know how it did.
  87. Uh, this is new for me.
  88. Um, if you go to the next slide, you'll see
  89. my references and everything.
  90. I'll give you a couple of seconds to check this
  91. out, and yeah, I'll see you guys later.