Comparison Of PMP® Certification And Lean Six Sigma Certification

PMP- Project Management Professional (PMP®) certification is an industry-recognized credential offered by the Project Management Institute (PMI®). It is a certification that prescribes the best practices for project management designed to improve the success rate of the project.

Lean Six Sigma certification is a quality management certification offered by the International Association of Six Sigma Certifications (IASSC™) designed to reduce variations and eliminate waste which ensures the quality of the process.

ELIGIBILITY CRITERIA

PMP:

Lean Six Sigma:

There is no such prerequisite to take any of the Lean Six Sigma Certification exams accredited by IASSC™. LSS has a hierarchy of certifications to progress in career path:

• Lean Six Sigma Yellow Belt
• Lean Six Sigma Green Belt
• Lean Six Sigma Black Belt

METHODOLOGIES USED

Both the methodologies of PMP and LSS are based on knowledge bodies targeting the progress and success of the project.

PMP methodology is based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide) 6th Edition published by PMI. It includes 5 processes of project management:

• Initiating
• Panning
• Executing
• Monitoring and controlling
• Closing

LSS methodology is based on a problem-solving framework with a cycle called DMAIC which is a data-driven quality strategy for improving the quality of the process. DMAIC is an acronym of:

• Define
• Measure
• Analyze
• Improve
• Control

TARGET AUDIENCE

There are many professionals who hold dual certification. Anyone can do both the certifications to add value to their career path. PMP certification helps project managers lead and direct the project and improve the success rate of the project while LSS certification makes them improve the quality of the process. Some organizations prefer both the certification holders to ensure the quality and success of the project.

The target audience for PMP Certification:

• Project Manager
• Project Coordinators,
• Supervisor for PMO
• Team Manager
• Team Leader

The target audience for Lean Six Sigma Certification:

• Quality Managers
• Quality System Managers
•  Quality Engineers
• Quality Supervisors
•  Quality Analysts
• Quality Auditors
•  Team Leaders
• Software Professionals
• Project Managers
• Improvement Managers
• Operational line managers

AVERAGE ANNUAL INCOME

PMP and LSS both are globally recognized certifications which increases the earning potential.

The average annual salary of certified PMP:

Lean six sigma certified professionals earn according to the hierarchy of the certifications.

The average annual salary for certified Lean Six Sigma professionals:

EXAM FORMAT

PMP exam:

Lean Six Sigma Certifications:

Lean Six Sigma Yellow Belt

60 multiple-choice questions

Duration: 2 hours

Qualifying points: 230 points out of 300 points

Lean Six Sigma Green Belt

100 questions

Duration: 3 hours

Qualifying points: 385 points out of 500 points

Lean Six Sigma Black Belt

150 questions

Duration: 4 hours

Qualifying points: 580 points out of 750 points

FEE STRUCTURE

PMP:

Lean Six Sigma Certification:

The cost for the IASSC Certified Yellow Belt Exam is $195 USD.

The cost for the IASSC Certified Green Belt Exam is $295 USD.

The cost for the IASSC Certified Black Belt Exam is $395 USD.

MAINTENANCE OF CREDENTIALS

PMP:

PMP credentials credited by PMI has to be renewed every three years to maintain the credentials.

PDU’s Required: 60

LSS:

Lean six sigma certifications have no expiry date.

Benefits Of Doing Both The Certifications:

• Improves overall performance
• Globally recognized and in-demand certifications
• Expand career opportunities
• Ability to apply both the methodologies which adds value to the organization
• Higher pay
• Increase market reach and scope

RECOMMENDED POST:

• What is PMP?
• Key Features of PMP® Certification Training
• Top 10 Reasons to Get PMP® Certified
• How To Qualify PM Experience In PMP Application Form
• The Step By Step Procedure To Fill The Application Form

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