Are you a professional willing to thrive in the project management domain? If yes, it’s more likely that you have come across an array of certifications accredited by PMI. Among these certifications, the PgMP certification ranks at the top among senior-level project managers. Undergoing the PgMP training can be a game-changer if you want to establish yourself as a strategic leader or earn a higher salary.
A PgMP certification showcases your readiness to handle multiple, intricate projects and stand out from other project managers. According to a PMI report (Dec 31, 2023), the total number of PMP-certified professionals all over the world is approximately 1,454,550. Whereas, there are only 5,350 PgMP professionals worldwide.
These figures outline the exclusivity of the PgMP and improve your likelihood of getting noticed by potential employers. Learn about the definition and benefits of PgMP. Also, check what key skills you can acquire through the training to figure out if it’s worth your time, effort or money.
Overview of PgMP Certification
Employers in this fast-paced business era are looking for seasoned program managers over project managers who deliver one project at a time. Seasoned program managers can oversee, manage, and organise multiple interrelated projects, which are known as a ‘program’. The strategic design of these programs can deliver comparatively well-rounded business outcomes compared to isolated projects.
A program manager helps to ensure the interconnected projects included in the program are well-aligned with the broad objectives of an organisation. These professionals also ensure the risks involved in these projects are managed collectively and the resources are shared efficiently. As a result, this enables the program to deliver long-term and valuable results to the business.
In this case, the PMI-accredited Program Management Professional (PgMP) certification comes into the picture. The certification proves your proficiency in achieving coordination among teams and stakeholders through different projects so that the program goals are consistent with the organisation's long-term vision and coordinating complex programs comprising multiple projects.
Benefits of PgMP Certification
A PgMP certification holder knows how to manage stakeholders and the program life cycle, which in turn can lead to better governance. Let’s look at a detailed breakdown of the advantages of obtaining the PgMP certification:
1. Effective Communication
A program manager has the know-how to use the principles taught during the training to establish communication channels and structured processes in advance. This helps them to identify communication channels during the initial project meetings, which can minimise wastage of time.
As a certified program manager, you can make sure the chain of communication is transparent and clear. Program managers who hold a PgMP certification can work as information conduits, as they’re capable of passing on stakeholder information to teams and project managers.
2. Improved Decision Making
Individuals who’ve undergone the program manager training are considered capable of making effective decisions. The objective of a program goes beyond delivering high-value projects. It requires individuals to analyse long-term corporate strategies and meticulously choose projects that can align with them.
The training helps individuals to understand the demands of stakeholders, different departments of an organisation, and clients in-depth. With the passage of time, the certification holders can leverage their skills to select options with minimal costs and more advantages.
3. Resolution of Conflicts
Program managers have the ability to find out what is the root cause of disputes that occur between specific members or project teams. The hierarchical control structure of program management makes it easy to resolve conflicts. The program manager creates a sequence of tasks that are important for a project to function properly.
This helps to prevent unnecessary disruption as the project team members are required to carry out the tasks in the same order. The major root causes of conflicts or project disruptions are an unforeseen deficit of resources or funds for a project that is part of the project. Most importantly, a program manager’s ability to evaluate project relationships carefully helps them to resolve team conflicts.
4. Distribution of Resources
A rigorous program management training enables individuals to ensure that the resources for each project are allocated appropriately. While allocating resources, program managers must decide if ‘project A’ is more important than ‘project B’. These professionals conduct a thorough examination to decide which project requires additional funds on an urgent basis. Thus, it’s evident that program managers are capable of balancing project deficits without exceeding the allocated budget.
5. Minimize Risks
Professionals equipped with a PgMP certification can use the skills learned during the training to predict the probability of missed deadlines, resource deficit, or any revisions in project requirements during the planning stage. This helps them to prevent hazards from disrupting the project’s lifecycle.
Program managers play a primary role in solving complex business problems by analyzing repetitive patterns across multiple projects.
6. Examine Quality
A certified project management professional has the strategies required to set a standard requirement criterion to meet the international quality standards. The project manager ensures thorough documentation is carried out for each project involved in the program. This curbs the need to continuously gather updates.
Key Skills Acquired During the PgMP training
The PgMP training imparts skills like:
Stakeholder Engagement: Interact with external and internal stakeholders to ensure the program is executed smoothly.
Decision-Making & Leadership: Learn how to come up with high-stakes decisions with confidence, lead large teams, and foster collaboration.
Optimise Resources: Ensure the resources are distributed properly across different projects to avoid deficits or surpluses.
Strategic Thinking: Facilitate the creation of long-term value by bringing together different programs and ensuring they align with organizational objectives.
Performance Tracking: Evaluate a program’s performance with the help of advanced frameworks and tools. Next, it’s important to recommend how to get rid of deviations.
Is PgMP Certification Worth It?
The program management professional certification is the best bet for professionals who have program management or project management experience of approximately 4-7 years. The PgMP certification is curated for the following professionals:
- Strategic Planners
- Advisors and Consultants
- Portfolio Managers
- Project Stakeholders
- Leaders and Senior Executives
- Experienced Program Managers
However, if you’re a newbie in the field of project management, a PMP certification is highly recommended for you. Read more to check if you’re eligible for enrolling in the PgMP training.
Conclusion
Obtaining a PgMP certification showcases that you are an expert in program management and helps you explore more job opportunities. Most importantly, it validates your readiness to handle strategic and complex requirements. If you’re willing to transition your career from a project manager to a program manager/ visionary leader, you can enrol for the PgMP certification training right away.