Project Management Professional (PMP) is a globally recognized career designation certified by the Project Management Institute (PMI) that requires work experience and education. The exam has 200 questions and requires at least 100 hours of study time. A PMP understands risk management, stakeholder analysis, resource management, and team performance analysis. Research project management adds complexity to organizing and delegating tasks.
A project management professional (PMP) is a highly recognized career designation certified by the Project Management Institute (PMI). The designation guarantees standardized methodologies for all the people who earned it in all parts of the world. A certified professional in project management is crucial in the selection, development, execution and completion of business projects in various industries.
Prerequisites for taking the exam leading to the project management professional designation include a specified number of hours of work experience as a project manager, in addition to related education. Employment and education criteria vary, but generally a bachelor’s degree that includes courses in communications, economics or human resources and at least two years of experience as a project manager is required. Candidates without a bachelor’s degree but with at least five years of experience as a project manager, plus some project management-related education, will still be able to take the exam.
The project management professional exam requires at least 100 hours of study time, double that for those with less education and experience in project management. The four-hour computer-based exam has 200 test questions related to initiating, planning, executing, supervising, and closing the project. Practice or study tests are available. Generally, candidates have three attempts to pass the exam within a one-year period.
A PMP understands issues such as risk management, stakeholder analysis, resource management, team performance analysis, and project performance analysis. He or she knows how to deliver low-cost projects on time. Strategic planning ability, problem solving with resources and understanding of concepts such as statistics and cost-volume analysis are some of the skills required by a project management professional. This person should also have good team building skills and be able to resolve conflicts quickly. The ability to quickly understand various project software is crucial to the role, as a project may consist of designing new products, improving logistics management, or restructuring company operations.
A research project management professional has the added responsibility of managing assumptions as the projects are more experimental than in regular project management. Risk management becomes even more important, and the necessary structure of funded research teams complicates the organizing and delegating aspects of regular project management. While a PMP carefully plans for the desired outcome, this cannot be the case when managing research projects where the outcome is unknown.
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