Muralidhar Gaddam, a PMP and PRINCE2 Expert trainer with 23+ years of experience will be delivering an exclusive webinar on “Comparing PMP and PRINCE2 Certifications” on 11th September 2020 at 09:00 PM IST. Join this Free Webinar from Invensis Learning to gain a complete understanding of the importance of both PMP and PRINCE2 certifications and which certification should you go for. Here’s what you’ll learn: • Overview of project management certifications • About PMP and PRINCE2? • Job growth statistics in project management from PMI • PPM benchmark report summary from AXELOS • Exam references for PMP and PRINCE2 • Comparing PMP and PRINCE2 exam pre-requisites • Comparing the nature of PMP and PRINCE2 exams • Comparing the course content for PMP and PRINCE2 • Conclusion and next steps to decide the relevant certification(s)

1. Comparing Project Management Professional (PMP)® &
Projects in Controlled Environments (PRINCE2)®
certifications
with Muralidhar Gaddam
Sep 11th – 2020
| 09:30 PM IST
www.invensislearning.com
Global Learning Services
PMP & CAPM are registered marks of Project Management Institute, Inc.
PRINCE2 is a registered trademark of AXELOS Limited

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About Invensis Learning
Invensis Learning is a pioneer in providing globally-recognized certification training courses for
individuals and enterprises worldwide. Our training methodology coupled with high-quality courseware
has enabled organizations to achieve high-impact learning with increased knowledge, competence,
and performance. We offer courses in various categories such as IT Service Management, Project
Management, IT Security and Governance, Quality Management, Agile Project Management, DevOps,
and Cloud courses. Invensis Learning certification training programs adhere to global standards such
as PMI, IASSC, TUV SUD, AXELOS, ISACA, DevOps Institute, EXIN, and PEOPLECERT.

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Housekeeping
 The webinar will last up to 60 minutes
 You can ask questions throughout the Webinar, using the Chat panel on the right
hand side of the slide. These will be answered during the Q&A session towards the
end.
 Post webinar, the recording will be sent to your email

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Presenter Profile
Muralidhar Gaddam
PMP®, PRINCE2® Practitioner, MSP® Practitioner, DevOps Certified,
VeriSM™ Professional, ITIL®4 Foundation, ITIL®4 Strategist DPI,
ITIL®4 Specialist CDS, ITIL®4 Specialist HVIT
Muralidhar Gaddam is a trainer in project, program
and service management, with over 23 years of
experience in operational and technical leadership in
IT infrastructure and systems software. He has
handled global offshore teams across major
companies such as IBM, UBS, and Cognizant and has
achieved many excellence awards during his tenure.
Now as a corporate trainer, he trains and guides
professionals for many globally-recognized certification
training programs such as PMP, PRINCE2, ITIL4, and
many more.

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 Overview of project management certifications
 About PMP and PRINCE2?
 Job growth statistics in project management from PMI
 PPM benchmark report summary from AXELOS
 Exam references for PMP and PRINCE2
 Comparing PMP and PRINCE2 exam pre-requisites
 Comparing the nature of PMP and PRINCE2 exams
 Comparing the course content for PMP and PRINCE2
 Conclusion and next steps to decide the relevant certification(s)
Topics Covered

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 Project Management Professional (PMP®) from Project Management Institute USA
https://www.pmi.org
 Projects IN Controlled Environments (PRINCE2®) from AXELOS UK
https://www..axelos.com
 Certifications from IPMA (International Project Management Association, The
Netherlands)
https://www.ipma.world
 Certifications from APM (Association of Project Management, UK)
https://www.apm.org.uk
 Certifications from Guild of Project Controls, a community within Planning Planet,
UK
www.planningplanet.com
...and more
Overview of project management certifications

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Mentioned on PMIs PMP certification webpage:
https://www.pmi.org/certifications/types/project-management-pmp
“Wherever you are in your career, the globally recognized Project Management
Professional (PMP)® certification tells employers, peers, and the world you know what
you’re doing in project management.”
CIO magazine ranked the PMP as the top project management certification
because it proves you have the specific skills and experience employers seek
About PMP®

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About PRINCE2
“PRINCE2 (PRojects IN Controlled Environments) is one of the most widely used
methods for managing projects in the world. It is a structured project management
method based on experience drawn from thousands of projects and from the
contributions of countless project sponsors, project managers, project teams,
academics, trainers and consultants.”
- Managing Successful Projects with PRINCE2 6th Edition (earlier known as 2017),
Published by TSO UK, Copyright AXELOS Limited

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Job growth statistics in project management from PMI
PMIs 2017 job growth report
Note that
COVID-19 has
impacted the
economy, to be
considered as
well.

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PPM benchmark report summary from AXELOS
AXELOS PPM benchmark report
- PPM benchmark report from AXELOS Ltd., July 2019
ITSM – IT Service Management
PPM – program and portfolio management

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Exam references for PMP
A Guide to The Project Management Body of Knowledge(PMBOK® Guide)
• The PMBOK® Guide identifies a subset of the project management body of
knowledge (PMBOK) that is generally recognized as a best practice.
• Study reference for the PMP exam is the current edition of the PMBOK® Guide as
well as other current titles on project management.
• The exam syllabus is the PMP Examination Content Outline
Important note - From 2nd Jan 2020, the exam syllabus will also significantly cover
agile and hybrid projects, not just traditional ones. And the next edition (7th) of the
PMBOK Guide is expected to be published sometime in 4Q2020.For the revised
exam, PMIs Agile Practice Guide is also referenced, apart from other texts.

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Exam references for PMP
Project management methodology
“This PMBOK Guide is different from a methodology. A methodology is a system of
practices, techniques, procedures and rules used by those who work in a discipline.
The PMBOK Guide is a foundation upon which organizations can build
methodologies, policies, rules, tools and techniques, and life cycle phases needed to
practice project management.”
- Project Management Institute, A Guide to the Project Management Body of
Knowledge, (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc.,2017

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Exam references for PRINCE2
Managing Successful Projects with PRINCE2 6th Edition (earlier known as 2017),
Published by TSO UK, Copyright AXELOS Limited
https://www.tsoshop.co.uk/Business-and-Management/AXELOS-Global-Best-
Practice/PRINCE2-Project-Management/

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Comparing PMP and PRINCE2 exam pre-requisites
PMP
Requires 3 years of project management
experience and 35 hours of compulsory
training (a training certificate is required,
e-learning is fine).
The certificate is valid for 3 years.
Note - The CAPM® certification is an
alternative in case the required
experience is lacking; either training or
experience will suffice (Certified Associate
in Project Management)
PRINCE2
• PRINCE2 Foundation has no pre-
requisites. The certificate does not
expire.
• PRINCE2 Practitioner requires
PRINCE2 Foundation or an
equivalent certification. The
certificate is valid for 3 years.

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Comparing the nature of PMP and PRINCE2 exams
PMP
• The PMP exam runs for 4 hours with
200 questions (a 10 min break after
2 hours)
• Most questions are situation based
and psychometric testing is used
• All questions are multiple choice
• The exam has to be sat at an exam
centre and is online
• It is a closed book exam
• Due to COVID-19, presently the exam is
allowed to be sat from home with online
proctoring
PRINCE2
• The PRINCE2 Foundation runs for 1
hour with 60 questions, is multiple
choice based, wherein recall of
concepts, and understanding are
tested.
• PRINCE2 Practitioner runs for 2.5
hours with 68 questions (or 46 as
some questions are clubbed), based
on a scenario
• It is an open book exam – only the
official hardcopy PRINCE2 manual
is allowed
• Exams may be sat at the training
centre (online or paper based) or
home (proctored)
• Presently due to COVID-19, use of a
printed PDF or softcopy on another
system is allowed

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Comparing the course content for PMP and PRINCE2
Covered in PRINCE2 Covered in PMP (not covered in PRINCE2)
• Principles of project management
• The 7 themes • The 10 knowledge areas
• High focus on the business case
• Project roles & responsibilities, &
the project management team
structure (organization)
• Skills and competencies of the PM
• People management
• Stakeholder identification & engagement
techniques
• Product based plans • Task scheduling, scheduling techniques like
CPM, resource optimization, schedule
compression
• Estimation techniques
• Costing and budgeting techniques,
contingency and management reserves
• Requirements gathering techniques
• Product solution techniques like product
analysis

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Comparing the course content for PMP and PRINCE2
Covered in PRINCE2 Covered in PMP (not covered in
PRINCE2)
• Quality planning (defining requirements)
& quality control concepts
• Quality control and assurance
techniques
• Risk management procedure – focus on
risk response types
• Techniques for risk identification &
analysis apart from risk response types
• Issue & change control procedure • Change management process
• Progress monitoring and control using
stage control, stage boundary
management, progress reporting &
exception management
• Detailed communications aspects such
as communication requirements
analysis
• Monitoring and controlling techniques
(like earned value management,
variance analysis, trend analysis, etc.)
• How project moves in stages runs from
start to finish, using a process flow
• The 5 process groups
• Procurement process

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Conclusion and next steps to decide the relevant certification(s)
• PMP is based on a body of knowledge while PRINCE2 is a structured method
• One reinforces the science while the other is a structured approach
• Both complement each other.
Deciding:
• PRINCE2 Foundation or CAPM can be a good starting point
• Note that PRINCE2 Foundation enables you to be an informed member of a PRINCE2
project rather than becoming a project manager
• Whereas CAPM enables you to take on project management responsibilities or manage
larger projects
 If you have experience, you may opt for PRINCE2 Practitioner or PMP, though
experience is not mandated for PRINCE2 Practitioner
OR
• Get the best by doing both

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Courses exclusively for webinar attendees. Click on the
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Q & A Session
• Now the Session is open for Question and Answers
• Please drop your questions on the Q&A panel on the right side of the screen.
• If the participants would like to raise a direct question to the trainer you can select the
drop down box and select Ask a question so I can unmute your audio.

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Thank you for joining us...

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