The biggest advantage of using PRINCE2 is that it can be completely customized based on the demand of the project. Due to this reason, many industries rely on PRINCE2 and it is the primary choice for many public sector organizations like the British Red Cross, Police Mutual, Central and Local Governments, etc. These companies and industries use PRINCE2 and consider a PRINCE2-trained employee most proficient in handling any project. PMP, on the other hand, is most popular in the IT industry but its contribution in other sectors like retail, healthcare, manufacturing, etc., is also impactful. In this blog, we’ll discuss job roles that professionals with PRINCE2 or PMP certifications exercise in their career paths.
Industries Hiring PRINCE2 Professionals
Some of the sectors that use PRINCE2, such as:
1. IT and Telecommunications
PRINCE2 helps to manage complex IT projects with clear roles and responsibilities, defined stages, quality criteria, risk management, and change control. IT companies put the maximum use of PRINCE2 because it can tailored regardless of a project’s size, type, or scope and can be controlled seamlessly as well. By managing and evaluating a project at every stage, IT companies can assess the financial feasibility of a project and determine whether to continue or modify the project goals.
IT companies that hire PRINCE2-certified people are:
- IBM
- BAE
- Electronic Data Systems (EDS)
- HP
- Aquasoft
- Getronics
- Siemens
- Phillips
- Vodafone
- Ericsson Services Ireland
Image Source: technojobs
2. Construction and Engineering
PRINCE2 provides a structured framework for planning, executing, monitoring, and closing construction and engineering projects, ensuring that they are delivered on time, within budget, and meet the customer’s expectations.
Construction and Engineering companies utilize the 7 principles of PRINCE2 and they are Organisation, Quality, Planning, Risk Management, Initiating Change, Business Case Justifications, and Progress. Project managers in these industries plan and strategize the course of conducting the project along with managing people and meeting the technical requirements. Engineering and construction projects are mainly based on pre-planned steps and hence, PRINCE2 is the methodology they are fond of. Project managers with PRINCE2 execute consumption and financial expenditure most efficiently.
3. Healthcare and Pharmaceutical
PRINCE2 enables healthcare and pharmaceutical organizations to manage projects that involve research, development, testing, production, and distribution of drugs and medical devices, as well as improving patient care and service delivery.
4. Finance and Banking
PRINCE2 helps to manage financial and banking projects that involve regulatory compliance, mergers and acquisitions, product development, customer service, and more, by ensuring that the project objectives are aligned with the business strategy and that the benefits are realized.
5. Education and Training
PRINCE2® can be used to manage education and training projects that involve curriculum design, course delivery, assessment, evaluation, and accreditation, as well as staff development and organizational change.
6. Public Sector and Government
PRINCE2® is the first choice for project management in the UK public sector and government, as it ensures that the projects are aligned with the public interest and deliver value for money, while also complying with legal and ethical standards.
Industries Hiring Project Management Professionals
PMP is a plan-driven traditional approach to Project Management that lays stress on planning and control to achieve predictability over costs and schedules. It is least useful in industries that have a higher level of uncertainty and require a more flexible and adaptive approach. An example would be software development. the following industries as the most promising for PMP-certified individuals:
1. Aerospace
This industry requires project managers who can handle complex and high-risk projects involving aircraft, satellites, rockets, and other aerospace products. PMP certification can help project managers demonstrate their skills in planning, executing, controlling, and closing such projects.
2. Defense
This industry involves projects related to national security, military operations, weapons development, and intelligence. Project managers in this industry need to have strong leadership, communication, and problem-solving skills, as well as the ability to work under pressure and uncertainty. PMP certification can help project managers showcase their competence and credibility in this industry.
Image Source: www.bls.gov
3. Engineering
This industry covers a wide range of fields, such as civil, mechanical, electrical, chemical, biomedical, and environmental engineering. Project managers in this industry need to have technical knowledge, as well as the ability to manage resources, stakeholders, quality, and risks. PMP certification can help project managers enhance their career prospects and performance in this industry.
4. Healthcare
This industry involves projects related to health services, medical devices, pharmaceuticals, and biotechnology. Project managers in this industry need to know the healthcare domain, as well as the ability to manage complex and dynamic projects with multiple regulations, standards, and ethical issues. PMP certification can help project managers gain recognition and respect in this industry.
5. Information Technology
This industry involves projects related to software development, hardware design, network infrastructure, data management, and cybersecurity. Project managers in this industry need to have technical skills, as well as the ability to adapt to changing requirements, technologies, and customer expectations. PMP certification can help project managers validate their skills and knowledge in this industry.
6. Manufacturing
This industry involves projects related to the production of goods, such as automobiles, electronics, textiles, and consumer products. Project managers in this industry need to know the manufacturing processes, as well as the ability to optimize efficiency, quality, and profitability. PMP certification can help project managers improve their skills and capabilities in this industry.
7. Oil and Gas
This industry involves projects related to the exploration, extraction, refining, and distribution of oil and gas. Project managers in this industry need to know the oil and gas sector, as well as the ability to manage large-scale, long-term, and high-risk projects. PMP certification can help project managers demonstrate their expertise and experience in this industry.
Note: We have got the job references from Indeed, LinkedIn, technojobs, and the US Bureau of Labour Statistics.
Conclusion
PRINCE2 and PMP both are quite influential Project Management certifications that provide amazing career opportunities to professionals. There is no limitation to the spectrum of industries where professionals can showcase their Project Management talents with these certifications. With the latest PRINCE2 7th edition in the market, the scope of having a fulfilling career has widened. If you’re looking for a certification in PRINCE2 7th edition or PMP, get in touch with us for a smooth career path.