Welcome To IIBA and PMI

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1 Welcome To IIBA and PMI IIBA Presented By: Greg Reinhart, PMP, SSBB Virginia Beach, VA PMI

2 IIBA and PMI Which Way Do I Go? IIBA Founded In 2003, 28 Founding members 2006 Incorporated as a non-profit in Ontario, Canada Mission: To develop and maintain standards for the practice of business analysis and for the certification of its practitioners PMI Founded in 1969 Purpose: To advance the practice, science and profession of project management throughout the world in a conscious and proactive manner.

3 IIBA and PMI Which Way Do I Go? IIBA Web address: Membership is annual Initial cost is $95 Renewal cost is $95. Chapter costs additional ~$ 20 annually > 12,000 Members worldwide > 90 Chapters worldwide PMI Web address: Membership is annual Initial cost $129 Renewal cost $119 Chapter costs additional ~ $ annually > 500,000 Members worldwide ~ 250 Chapters worldwide

4 IIBA and PMI Which Way Do I Go? IIBA - Membership Number of Chapters growing domestic and internationally Huge Chapter Resource section BA Competency Model BA Self Assessment CEO of IIBA BLOG Career Center Training Information PMI - Membership Number of Chapters growing Internationally 30 Communities of Interest Project/Program/Portfolio Management Knowledge Assessments available for purchase Path Pro available to members Marketplace for PMI items PMI Today & PMI Journal

5 IIBA and PMI Which Way Do I Go? IIBA - Benefits Complete list of Benefits are on the IIBA Web Site Online Library 300 Vol. s Free BABOK V2.0 (download) Career Center BABOK Learning Center Discounts on Testing for Members PMI - Benefits Complete list of Benefits are on the PMI Web Site Online Access to books and articles in ereads & References Free PMBOK (download) Knowledge Center Discounts on Books & Tests Monthly Publications

6 IIBA and PMI Which Way Do I Go? IIBA Monthly Chapter meetings Local chapters offer Training for CDU s Chapters offer casual dinners with meetings Chapter meetings include programs PMI Monthly Chapter meetings Local chapters offer Training for PDU s Chapters offer more formal dinners with meetings Chapter meetings include programs 30 Communities of Interest also offer monthly meetings

7 IIBA and PMI Certifications IIBA Shows competence in the practice of Business Analysis Recognition of professional competence Use and application of accepted industry standards Improved career potential Continual learning You are investing in yourself and the industry Why should I certify? PMI Shows competence in the practice of Project Management Certification is not methodology based Consistent World Wide Encourages professional growth for recertification Improves your standing in the industry and community

8 IIBA and PMI, CBAP and/or PMP Which Way Do I Go? Having both certifications opens doors and provides for more opportunities Mary L. Repetto, PMP, CBAP Both certifications give you the opportunity to up-sell yourself Jake Calabrese, PMP, CBAP

9 IIBA and PMI Base Standards IIBA - Standard PMI - Standard

10 IIBA and PMI, CBAP and/or PMP IIBA - Certifications CBAP, Certified Business Analysis Professional, first exam 11/2006, > 1000 in over 30 countries CCBA, Certification of Competency in Business Analysis Additional Certifications in the future PMI - Certifications PMP, Project Management Professional; > 370,000 hold this (first introduced 1982) CAPM, Certified Associate in Project Management PgMP, Program Management Professional PMI-SP, PMI Scheduling Professional PMI-RMP, PMI Risk Management Professional

11 IIBA and PMI Certification Fees IIBA PMI CBAP Member $450* Non Member $575* PMP Member $405 Non Member $555 Reexamination Fee Member $250 Non Member $375 Rescore Fee $ 65 Reexamination Fee Member $275 Non Member $375 *Initial Exam Fees include $125 for both Member and Non Member

12 IIBA and PMI, CBAP and/or PMP IIBA CBAP Requirements: 7500 Hours of BA work consistent with the BABOK 900 Hours in 4 of the 6 knowledge areas (10 years) 21 Hours of Business Analysis education (4 years) 2 Written References from a Career Manager, Client, CBAP Signed Code of Conduct PMI PMP Requirements: 4 Year degree, bachelors or global equivalent (H.S.) 3 years of Proj. Mgmt. experience (5 years) 4500 Hours of leading and directing projects (7500 hrs.) 35 Hours of Project Management education

13 IIBA and PMI Certifications IIBA - Exam Exam locations are listed by city on the IIBA web site Computer Based* 150 Questions spread across 6 knowledge areas 3 ½ Hours to complete Results immediate if done by computer, 30 days if written When pass can use CBAP * Can also be a paper, written exam PMI - Exam Exams given at all Prometrics locations Computer Based 200 Questions spread across 10 knowledge areas (9 + Professional and Social Responsibilities) 4 Hours to complete Results immediate When pass can use PMP

14 Renewing Certification IIBA 3 Year Cycle Complete Recertification Package CBAP CDU Reporting form with 60 CDU s Sign Ethical Code of Conduct and Professional Standards Must Pay Renewal Fee Members $ 85 Non Members $120 Can carry forward 20 CDU s PMI 3 Year Cycle Must accrue 60 PDU s Must Pay Renewal Fee Members $60 Non Members $150 Can carry forward up to 20 PDU s accumulated in 3 rd year of cycle

15 IIBA CBAP Salary Survey Results Source: CBAP Salary Survey Results

16 IIBA CBAP Salary Survey Results Average Salary of Jobs Matching Your Search In USD as of Nov 16, 2010 CBAP $90,000 IT Business Analyst $88,000 Business Analyst $82,000 Average CBAP salaries for job postings nationwide are 9% higher than average Business Analyst salaries for job postings nationwide.

17 How to Contact IIBA PMI International Institute of Business Analysis 3605 Sandy Plains Road, Suite Marietta, GA U.S.A IIBA(4422) (Toll-free in Canada and the USA) Membership: Project Management Institute 14 Campus Boulevard Newtown Square, PA USA Tel: Fax:

18 IIBA and PMI Which Way Do I Go? There are benefits to both organizations What is your primary interest? What is your primary job function? Both Certifications will provide you with expanded opportunities Both organizations provide expanded networking capabilities The choice is up to you!

19 IIBA and PMI Which Way Do I Go? IIBA PMI What Questions do you have?

20 How to Contact IIBA PMI International Institute of Business Analysis 3605 Sandy Plains Road, Suite Marietta, GA U.S.A IIBA(4422) (Toll-free in Canada and the USA) Membership: Project Management Institute 14 Campus Boulevard Newtown Square, PA USA Tel: Fax:

21 Thanks for attending today s webinar!

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