This is because it divides project management into 5 different phases or process groups. In the past, people used to equal PMBOK with the top-down Waterfall approach. PMP is focused on the PMBOK model, so let’s start there. Next, let’s examine what the actual project management methodology looks like for each option. So it really depends on your career goals and current experience.ĭo you want to work in an industry that focuses on PMBOK principles? PMP is the way to go.ĭo you want to work as part of small, Agile Scrum Teams in startups, tech, and other innovative companies? You should become a certified Scrum master. The salary implications and costs of certification are not different enough to make one option the clear winner. The price depends on location, instructor, and whether the course is in-person or online. A course can cost anywhere from $595 to $1,500. The CSM exam is typically only administered as part of a CSM course. The PSM1 certification test costs $150, and official courses start at around $500.
Next, let’s take a closer look at what the Scrum certifications cost. Training for the course can cost up to $3,000, but you can also self-study the principles with the PgMP handbook or PMBOK guide. Taking the PMP exam to get certified costs $550 (USD). But, someone with their PMP tends to make more than someone with Scrum certification.Both the PMP and Scrum certification appear to directly impact earning power.Certification differentiates the top earners. Respondents had a median salary of $116,000.Īnd project managers with PMP certification had a 22% higher salary, on average.Īccording to Glassdoor, the average salary for the Scrum Master role is $97,319 in the US.Īnd, according to the 2019 Scrum Master Trends report, 51% of respondents made $75,000 or more per year. The PMI’s official salary survey showed a much higher annual income. In the US, the average project manager’s salary is $66,137 per year according to Glassdoor. Read this post for more on agile project management certification.Īlright, now that’s clear, let’s jump back to Scrum vs PMP. If you want to consult companies on Agile transformation, or you want to work for a company that embraces a different framework, like SAFe, you’ll need to look into other certification options, such as becoming a Certified Agile Coach. Having the PSM or CSM certificate shows you know Agile to some extent, as you need to be familiar with the overarching Agile principles and values.īut it only certifies you for one Agile framework - Scrum. There are two main certifications for Scrum: the Certified ScrumMaster (CSM) by Scrum Alliance, and Professional Scrum Master (PSM) by .ģ41,882 Scrum masters have some level of the PSM certification.īefore we go any further, we should point out that Scrum certification is not the same as Agile certification. If you want to work for smaller, more Agile companies like groundbreaking startups, chances are much higher that they’re working with Scrum. The PMP designation is largely based on the Project Management Body of Knowledge (PMBOK) methodology, which is often conflated with the Waterfall model. It’s most valuable for companies that use a more traditional approach to project management. There are over 1.037 million PMP certified project managers around the world. If you want a formal certification of your skills as a project management professional, you have many different options.īut the most popular is the Project Management Professional (PMP) certification by the PMI institute. In this article, we’ll compare the PMP and Scrum certifications, their cost, impact on salary, and the differences in the methods themselves. While blind-folded.Ĭertification can help you gain the knowledge you need for the job, while also resulting in a nice pay bump.īut between PMP and Scrum, which option will most likely help your career? Which training and project management certification should you choose?
#PROJECT MANAGEMENT PROFESSIONAL PMP CERTIFICATION SALARY FULL#
Without the right foundation it can feel more like walking through a field full of landmines.
Being in charge of a project isn’t a walk in the park.
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