Week 8: Professional Practice & Standards PDF

Professional Practice & Standards WEEK 8 DR MUATH ABU ARQOUB, PMP BOND UNIVERSITY Why certifications? PM Project Competency Success Communication Leadership skills Delegatio...

Professional Practice & Standards WEEK 8 DR MUATH ABU ARQOUB, PMP BOND UNIVERSITY Why certifications? PM Project Competency Success Communication Leadership skills Delegation Motivating others Conflict resolution Problem-solving Certifications Decision-making Business acumen Organisation Negotiation skills Goal-setting …  Benefits for project managers: Prove your professional competency and experience Connects the PM to peers and the professional community Spreads accepted codes of conduct Facilitates discussions and circulating professional ideas Invigorate your personal brand Create more career opportunities Develop your knowledge and learn the recent best practice recommendations  $148,000 $125,000 $128,000 $112,000 ~ $194,000 Average Salaries $155,000 Benefits for organisations: Develops and maintains the project management profession within the organisation Increases efficiency and ROI and reduces the delays and overruns Improves the relationship with the stakeholders and customers Helps with the establishment of a clear career development pathway for the project managers Enhances competitive advantage and improves organizational maturity Which one? Traditional or Level of Cost? Agile? experience? Organisational Local or global Timeframe? preferences? projects? Knowledge General or Industry? requirements? specific?  Sample Size: 598 Project Managers Farashah, A. D., Thomas, J., & Blomquist, T. (2019). Exploring the value of project management certification in selection and recruiting. International Journal of Project Management, 37(1), 14-26.  RESULTS: Certification alone does not directly predict performance in project management outcomes for either operational or strategic performance measures. Certification should not be the only factor for taking career-related decisions such as a promotion or determining the level of salary Simulating real-life settings in training, through the use of case studies and shared experiences that occur during the certification process, could provide valuable learning opportunities to execute the techniques and further develop project management skills. Screening based on certification alone is not the most accurate way of screening in the best project managers. Certification combined with networking and professional attitude certainly can be a smart move in the career of a project manager and can be useful for the whole occupation of project management. Certifications is a significant signal of professionalism and good performance (through self-efficacy) Certification can play a role in improving the hiring of qualified and capable project managers.