With an objective to enable continuous learning and progression for our learners, PremierAgile curated several learning articles in the areas of Agile, Scrum, Product Ownership, Scaling, Agile Leadership, Tools & Frameworks, latest market trends, new innovations etc...
As an aspiring Project Manager, you must hone your skillset by acquiring various certifications. The Project Management Professional (PMP)® Certification and the Lean Six Sigma (LSS) certification are two popular options to add to your bucket list!
PMP and Six Sigma Certifications offer distinct benefits for Project Management. However, certain similarities make the certification selection process difficult for aspirants. This article highlights the core differences and similarities between PMP and Six Sigma. Indeed, you will get a clear overview of both certifications. So, keep reading!
Introduction PMP Certification:
The PMP certification by the Project Management Institute (PMI) is valuable for project managers seeking to demonstrate their leadership skills. Unlike the multi-tiered structure of Six Sigma certifications, the PMP certification signifies a comprehensive understanding of key project management concepts. Covering the initiation, planning, and execution phases, the PMP exam tests professionals on the standards and best practices outlined in the Project Management Body of Knowledge (PMBOK).
Introduction Six Sigma Certification:
The Six Sigma certification validates proficiency in the specialized approach to project management known as Six Sigma. Unlike the versatile PMP certification, Six Sigma focuses on optimizing manufacturing processes. Practitioners of Six Sigma target specific project aspects to minimize variations, errors, and defects, enhancing overall quality and success rates. Distinct from PMP, Six Sigma offers multiple certification levels, indicated by coloured "belts." From the prestigious Master Black Belt to the foundational White Belt, professionals can earn certifications in any order based on their expertise and role.
The Differences Between PMP and Six Sigma Certifications:
Both certifications are associated with project management. However, there are various distinctions between PMP and Six Sigma Credentials:
#1 Focus and Scope:
The PMP Certification emphasizes leading a team to project success within scope, schedule, and cost constraints. It is organized into five process groups: Initiating, Planning, Executing, Monitoring and Controlling, and Closing. In contrast, Lean Six Sigma certification focuses on statistical analysis to eliminate waste and decrease defects, not solely for project work but also for the operational aspects of an organization.
#2 Methodology:
Six Sigma follows a well-known cycle called DMAIC (Define, Measure, Analyze, Improve, and Control), primarily aimed at improving existing processes. Additionally, Design for Six Sigma (DFSS) and DMADV (Define, Measure, Analyze, Design, and Verify) are used to design or replace existing processes. In comparison, the PMP Certification is centred around the PMBOK® Guide, providing project management methodologies and best practices.
#3 Industry Applications:
The PMP certification showcases the Project manager’s professional abilities across any industry like the technology sector. On the contrary, Six Sigma focus more on the manufacturing industry where the Six Sigma methodology helps companies achieve higher product quality.
#4 Availability and Requirements
The Six Sigma certification is available through several organizations. But, the PMP is only available through the PMI. Also, the eligibility requirements are different. For PMP, the professional requires at least 4500 hours of Agile Training. For Siz Sigma, the requirements vary depending upon the professional’s experience and skillset.
Similarities Between PMP and Six Sigma Certifications:
While PMP and Six Sigma certifications have different focuses, they overlap in certain areas. Both certifications hold value in project management and here are the primary similarities between the two:
#1 Levels of expertise:
Both Six Sigma and PMP certifications are for Agile Practitioners that offer an advanced level of expertise in project management. Be it a Scrum Master or a Product Owner, the professional must have minimal experience in managing projects and the associated processes.
#2 International recognition:
Each of these certifications offers international recognition to the aspirant. This means professionals with any of these certifications can use the acknowledgement to apply for overseas jobs or great opportunities in diverse work environments.
#3 Impact on Salary:
Both PMP and Six Sigma certifications have a positive impact on salary. Professional Developers with Six Sigma or PMP Certification can obtain higher income, better job roles, and greater job satisfaction. PMP credential holders earn 23% more than their non-certified peers, and adding a PMP certification can increase your salary by 22%. Similarly, making a Lean Six Sigma belt can increase your earning potential by 19%.
Earning the PMP Certification:
To earn the PMP certification, project managers must meet specific requirements the Project Management Institute sets. Depending on their educational background, candidates must have at least three or five years of project management experience and complete 35 contact hours of formal project management education. PMP certification is a recommended starting point for many project managers due to its broad applicability across industries.
Earning the Six Sigma Certification:
Six Sigma certifications follow a multi-tiered structure with varying prerequisites and education requirements depending on the certifying organization. Starting with the introductory White Belt, individuals can progress through Yellow Belt, and Green Belt, and ultimately reach Black Belt status. Each level of certification increases earning potential, and training courses are available to support candidates in acquiring the necessary knowledge and qualifications.
Summing Up: Choosing the Right Certification for Your Organization
Choosing between Lean Six Sigma and PMP certification depends on your organisation's specific needs. While both certificates have pros and cons, having either certification adds legitimacy to a project manager's resume and makes them desirable candidates. Selecting a reputable course provider to guide you through the certification process smoothly is advisable. Project managers can make informed decisions that align with their professional aspirations by understanding the major differences and similarities between PMP and Six Sigma.
Reference: