PRINCE2® vs PMP®
PRINCE2® and Project Management Professional (PMP)® qualifications are known and sought-after around the world. They are both recognised as the mark of a skilled, capable project manager.
Because of this, many of our clients have difficulty deciding which qualification to work towards when they first get in touch with us.
Both qualifications are excellent choices, and we believe that neither is "a better qualification". However, it is true that one may suit where you are in your career more than the other at this moment.
In this article, we’ve laid out our tips and advice for choosing between PRINCE2® and PMP® certification.
Jump to any Section:
- What is the PMP® Credential?
- What is PRINCE2® Project Management?
- Which Qualification is Right for You? 7 Deciding Factors
- Combining for Maximum Benefit
- Getting Started with PMP® certification
- Getting Started with PRINCE2® certification
What is the PMP® Credential?
As you must have a set amount of experience (see below) to apply for the PMP® Exam, employers and clients instantly recognise the calibre of PMP® credential holders.
What is PRINCE2® Project Management?
It’s an approach to project management that focuses on defined team roles, a strong structure, and the option for tailoring.
Which Qualification is Right for You? 7 Deciding Factors
These qualifications are wise choices for any project manager seeking to expand their skill-set and progress their career.
To help you make the best possible decision for your own professional development, we’ve grouped the key differences into 7 deciding factors.
Quick Note:Where references to timelines and specific training details are required, we have used our training programmes as examples.
Jump to a Point:
- PRINCE2® vs PMP®: Accrediting Bodies
- PRINCE2® vs PMP®: Demand
- PRINCE2® vs PMP®: Approach
- PRINCE2® vs PMP®: Path to Certification
- PRINCE2® vs PMP®: Exams
- PRINCE2® vs PMP®: Maintenance
- PRINCE2® vs PMP®: Eligibility Requirements
1. Accrediting Bodies
PRINCE2® is owned by Axelos, a UK-based organisation established in 2013. Axelos aim to always remain at the cutting edge best-practices in project management.
PMP® is a Project Management Institute, (PMI)® credential. The PMI® is a not-for-profit organisation, founded in 1969. They work towards progressing project management careers and organisational success through project management.
Both qualifications are recognised on a global scale, but you may see slight preferences or higher levels of popularity in some regions.
If you are working with or want to work with a particular organisation, check out what methodologies they use for managing projects. If they have a preference for either PMP® or PRINCE2®, that may guide your decision.
While both PRINCE2® and PMP® take a "conventional" approach to managing projects, they do so in a different way.
- Based on 7 Principles, 7 Themes, 7 Processes.
- Focus on project team with clearly outlined responsibilities for each role.
- Ability to tailor and scale to fit project and environment requirements.
- Can be combined with other methodologies.
- Based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
- Focus on the 10 Knowledge Areas and 49 Processes.
- Can be combined with other methodologies, particular attention given to Agile practices in the current PMBOK® Guide edition.
4. Path to Certification
The route to getting certified differs for these qualifications.
- PRINCE2® Timeline: 5 Days (exams included) + 5 – 6 hours Pre-Course Reading
- PMP® Timeline: 4 Days Training + 6 – 8 weeks study + 4-hour Exam
To achieve PRINCE2® Foundation and Practitioner certifications, you need to complete 2 exams during training.Foundation Exam:
- 1 hour
- 60 multiple-choice questions
- 55% pass mark
- taken during training
- 2.5 hours
- 68 multiple-choice questions
- 55% pass mark
- taken during training
- 4 hours
- 200 multiple-choice questions
- 106 questions must be answered correctly to pass
- applied for and taken after training
PRINCE2®: 3-year cycle
The PRINCE2® Foundation certification will never expire or need to be renewed. After 3 years, you will need to renew your Practitioner certification either by re-sitting the exam or through paid Axelos membership.
PMP®: 3-year cycle
You must earn 60 PDUs during a 3-year cycle that begins on the day you pass your exam. A PDU is a Professional Development Unit. 1 PDU equals 1 hour spent at training, seminars, lectures etc. Learn more about PDUs here.
7. Eligibility Requirements
PRINCE2® – No eligibility requirements
There are no official eligibility requirements for the PRINCE2® Foundation and Practitioner. However, as it’s an intensive exam preparation course, we always say that some experience working on projects is helpful.
PMP® – 3+ years required
You can read the full breakdown of PMP® eligibility requirements in our article, “Understanding the PMP® Eligibility Requirements”.
If you have less than 3 years of experience working on projects, PMP® is not the next step for your career right now.
PRINCE2® or the Certified Associate in Project Management (CAPM)® certification (another PMI® qualification) could be a better fit.
If you’ve got 3 or more years’ project experience, PMP® is a natural progression for you.
Combining for Max Benefit
If you’ve read to this point and still can’t decide between these qualifications, you might consider achieving both.
These days, most professional project managers work with many different methodologies and achieve more than one qualification.