Evaluating the value of PRINCE2® certification
In this episode of The Knowledge Train, Simon Buehring examines the value of PRINCE2 certification in advancing one's career. Covering the latest updates to the framework and the various pathways to becoming certified, Simon outlines how PRINCE2 not only boosts global job prospects but also signifies a dedication to mastering project management.
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Transcript
Welcome aboard the Knowledge Train. In this podcast we explore insights and tips to help you manage your way to success in your career and business. I’m Simon Buehring, your conductor on this journey to knowledge and I’m thrilled to have you with us today.
In this episode, we’re evaluating the potential of PRINCE2 certification for enhancing your career. Whether you’re looking to fortify your resume with a globally recognised accreditation or aiming to elevate your project management skills, we’ve got the track laid out for you. Let’s get this train moving!
PRINCE2 stands at the forefront of project management methodologies, with its latest 7th edition shaping the framework of accredited training and certification. It’s not just a stamp of approval for project managers in the UK, but a critical credential across various job sectors. With over two million certified professionals, PRINCE2’s popularity as the certification of choice is undeniable.
The PRINCE2 certification journey begins with choosing the right path — whether it’s an instructor-led classroom or a self-paced online course, extending to the advanced PRINCE2 Agile certifications for those in agile environments. Your choice should reflect your career aspirations and learning preferences. Adding PRINCE2 to your professional profile not only enhances career opportunities globally but also signals your commitment to excellence in project management.
The Foundation level serves as your entry point into the world of PRINCE2, where you comprehend the basics of the methodology. It’s perfect for those new to project management or PRINCE2 and is designed to qualify you as a knowledgeable team member within a PRINCE2-driven project environment. Even without prior experience in project management, this certification can supplement your existing skill set beautifully.
Now, the Foundation exam is a one-hour investment with a national average pass rate of 97%. Our students here at Knowledge Train boast an impressive pass rate of over 99%. I often get asked, “Simon, how do your students achieve such remarkable results?” Well, the answer lies in high-quality training, which can empower you to nail the certification in as little as two days.
Up a notch is the Practitioner certification. This is where UK employers are keen to look for credentials, and not just in project managers. It signifies that you’re seasoned in managing projects with the PRINCE2 methodology. Also, it’s often pursued by programme managers holding MSP certifications to bolster their program management skills.
The Practitioner exam stretches to 2.5 hours and has a national average pass rate of 73%. At Knowledge Train, we’ve proudly maintained an 83% pass rate for nearly a decade.
Achieving the Practitioner certification grants you the title of a registered PRINCE2 Practitioner for a solid five years. To take this exam, you’d need to hold one of the recognised prerequisite certifications, a detail particularly important for ensuring a solid foundation of project management knowledge.
Talking about prerequisites, to be eligible for the Practitioner exam, you can hold any one of a platter of certifications, from PRINCE2 Foundation or Practitioner to CAPM or PMP from PMI, and various IPMA levels.
In 2015, the PRINCE2 landscape expanded with PRINCE2 Agile that caters to the merging of PRINCE2 governance and agile methods, offering a versatile and comprehensive approach for project managers in today’s agile-dominated sectors.
There’s a myriad of benefits to getting PRINCE2 certified, both at the individual and organisational levels. It’s a transformative step in career advancement and skills development. We’ve covered these perks in our video content which I highly recommend you check out for a deeper understanding.
The avenues to PRINCE2 certification are as varied as they are accommodating. From instructor-led to self-paced online training, there’s a mode of learning to suit everyone’s style. And for those with unwavering self-discipline, self-study is a cost-effective option.
As our time together today nears its end, let’s recap. PRINCE2 certification is a beacon of professional recognition in project management, offering foundational to advanced levels of accreditation. It is pivotal for broadening your career prospects, understanding project management from within, and thriving in a competitive job market. The benefits are substantial and the pathways to certification, multifaceted. Each story of success serves as a testament to the value that PRINCE2 can add to your professional journey.
Thank you for joining us on the Knowledge Train as we evaluated the potential of PRINCE2 certification for project success. Don’t forget to subscribe for more insight-packed episodes, and swing by the Knowledge Train website for resources galore. Until the next episode, keep learning, keep managing, and I’ll see you further down the track. Goodbye!