Executive Summary of Project Management Credentials offered by PMI. January 2013

1. By Project Management Institute (PMI®)
January 2013
Developed by David Khaw, PMP
For Malaysia Only

2.  Who is PMI®?
 What is PMBOK®?
 PMI® Credentials
◦ PMI-SP®
◦ PMI-RMP®
◦ PMI-ACP®
◦ CAPM®
◦ PMP®
◦ PgMP®
 Maintaining PMI® Credentials
 What is the Benefit for Business Development?
 What is the Benefit for Career Development?
 Malaysia Public Funding for Training & Examination

3. With members in 180 countries, PMI® is the
leading membership association for the project
management profession and the largest
association dedicated to project management
in the world. As the leading advocate for the
profession, PMI® is actively engaged in setting
professional standards, providing a
professional career path for project managers
and maintaining a family of professional
credentials.

4.  Code of Ethics
◦ Respect
◦ Responsible
◦ Fairness
◦ Honest
 Member Fee – USD 129.00 per annum
 PMIMY Member Fee – USD 20.00 per annum
 PMI® Website: http://www.pmi.org
 PMIMY (Malaysia Chapter) Website:
http://www.pmimy.org

5. Project Management Body of Knowledge
(PMBOK®) is standard guideline produced by
PMI® for Project Management.
PMBOK® Guide is approved by American
National Standards Institute (ANSI) and aligned
with International Organization for
Standardization (ISO) / ISO21500:2012.
PMBOK® Guide is complementary with
Agile, Waterfall and PRINCE2 Methodology.

6.  Current Edition – Fifth (Release January 2013)
 Previous Edition – Fourth (Release 2008)
 Life Cycle Group – 5
(Initial, Plan, Execute, Monitor & Control, and
Close)
 10 Knowledge Areas –
(Integration, Scope, Time, Cost, Quality, HR, C
ommunication, Risk, Procurement and
Stakeholder)
 47 Processes including Tools and Techniques

7.  PMBOK® extended it version to Construction
and Government (in separate guides).
 PMI® also developed and releasing PMBOK®
extension version to Software in January
2013.
 PMI® also produced The Standard for Program
Management and The Standard for Portfolio
Management in Third Edition in January 2013.

8.  PMI-SP® - PMI® Scheduling Professional
 PMI-RMP® - PMI® Risk Management
Professional
 PMI-ACP® - PMI® Agile Certified Practitioner
 CAPM® - Certified Associate in Project
Management
 PMP® - Project Management Professional
 PgMP® - Program Management Professional

9. The credential recognizes demonstrated
knowledge and expertise in the specialized
area of developing and maintaining the project
schedule.
 Project team members with specialized
expertise in project scheduling
 High School + 30hrs Education + 5,000hrs of
Scheduling Experience, or
 Degree + 30hrs Education + 3,500hrs of
Scheduling Experience

10. The credential recognizes demonstrated
knowledge and expertise in the specialized
area of assessing and identifying project risks
along with plans to mitigate threats and
capitalize on opportunities.
 Project team members with specialized
expertise in project risk management
 High School + 30hrs Education + 4,500hrs
Experience, or
 Degree + 30hrs Education + 3,000hrs
Experience

11. The credential recognizes demonstrated Agile
knowledge, principles and practices on basic
projects.
 Project team members with specialized
expertise in Agile Project Management
 High School + 2,000hrs Project Experience +
1,500hrs Agile Experience + 21hrs Education

12. The credential recognizes a demonstrated
understanding of the fundamental
knowledge, processes and terminology as
defined in the PMBOK® Guide that are needed
for effective project management performance.
 Project team members who provide
SME, Project Sponsor, Facilitators, Liaisons or
coordinators
 High School + 23hrs Education or 1,500hrs
Experience

13. The credential recognizes a demonstrated
understanding of knowledge and skill to lead
and direct project teams to deliver results
within the constraints of budget, time and
scope.
 Person who responsible, lead and/or direct all
aspects of a project for the life of a project
 High School + 35hrs Education + 7,500hrs
Experience, or
 Degree + 35hrs Education + 4,500hrs
Experience

14. The credential recognizes demonstrated
experience, skill, and performance in oversight of
multiple, related projects that are aligned with
organizational objectives.
 Person who manage programs, build
credibility, establish rapport, maintain
communication, posses advanced skills in
management
 High School + 15yrs working experience +
6,000hrs Project experience, 10,500hrs Program
experience
 Degree + 15yrs working experience + 6,000hrs
Project experience + 6,000hrs Program
experience

15. Credential Examination Updated
PMP® 31 July 2013
CAPM® 1 July 2013
PMI-SP® 31 August 2013
PMI-RMP® 31 August 2013
PgMP® 31 July 2013
http://www.pmi.org/GLOBALS/StandardsUpdate.aspx

16. PMI-SP® PMI-RMP® PMI-ACP®
CERTIFICATION 3 Years 3 Years 3 Years
CYCLE
PDU (Personal *30 in *30 in *30 in
Development specialized area specialized area specialized area
Unit) in Project in Project Risk in Agile Project
Scheduling Management Management
* Renew Fee Applicable.

17. CAPM® PMP® PgMP®
CERTIFICATION 5 Years 3 Years 3 Years
CYCLE
PDU (Personal None *60 *60
Development Re-Exam at the
Unit) end of cycle
* Renew Fee Applicable.

18.  International Recognized Standard (Alignment
of ANSI and ISO21500:2012)
 Standardization and Simplification Project
Management Policies, Guidelines and
Templates
 Client Demand for Certified Project Managers
 Regulation Requirement
 Establish Credibility
 Open doors for New Clients (Public
Listed, Governments, MNC, International, etc.)

19. Skilled project practitioners are in demand around
the world. A globally recognized project
management credential shows employers that the
person have the knowledge, experience, and
education to effectively contribute to project team
success.
Certification is an important step in career
development and recognizes qualified and
competent individuals.
An important investment in the career that can
increase job stability, expand the earning potential
and help to stand out to employers.

20.  MDEC MyProCert
◦ Offer to all Malaysians who qualified for the exam
◦ Training valid at PMI® authorized training center
◦ RM2,500.00 (Including Training and Exam) per
participant
◦ Offer to those who pass the exam only
 PSMB (HRDF)
◦ Available for company that participate in PSMB
Scheme

21.  Project Management Institute (PMI®)
◦ http://www.pmi.org
 Project Management Institute Malaysia Chapter
(PMIMY)
◦ http://www.pmimy.org
 Comparison of PMBOK® and ISO21500
◦ http://www.sts.ch/documents/english/Doc_7037E_Com
paring_PMBOK_and_ISO_v1-1.pdf
 MDEC MyProCert – PMP®
◦ http://kdi.mscmalaysia.my/FCKeditor/UserFiles/File/SRI
%202013/MyProCert%20-%20PMP_ak.pdf
 Human Resource Development Fund
◦ http://www.hrdf.com.my