Balancing qualifications with practical experience: Examining the value of both for effective project management

In many professions, training is an essential step before entering the field. But does the same apply to project management?

Interestingly, in a recent LinkedIn poll, we found that 48% of respondents pursued a degree before starting their project management career. Plus, of the 52% who did not, 20% had undertaken alternative types of formal training. Highlighting the multiple pathways which can lead to a career in project management.

Earning professional qualifications

Whether it’s completing a degree, or achieving a professional certification such as PRINCE2®, these courses can help you build a theoretical knowledge of key concepts, methodologies and terminology.

Benefits of earning professional qualifications

There are many benefits of earning professional qualifications, including:

• Standardised knowledge: Provides a recognised framework and methodology, such as PRINCE2 or PRINCE2 Agile®, ensuring consistency and uniformity in your approach
• Global recognition: Industry certifications are globally recognised, enabling you to work across different industries and geographical locations
• Credibility and trust: Demonstrates a commitment to the profession and assures employers of your skills and knowledge
• Structured learning: Covers essential theories, tools and techniques systematically, ensuring all aspects of project management are understood
• Enhanced confidence: Boosts your confidence in applying structured methodologies to manage complex projects
• Compliance with industry standards: Ensures you understand how to meet requirements in regulated industries and roles

Gaining practical experience

Practical experience can only be gained through time working in a project management role. This experience will help you discover the nuances of real project delivery, and the practical knowledge that only comes from time spent working in the industry.

Benefits of gaining practical experience

Gaining practical experience leads to multiple benefits, such as:

• Real-world problem solving: Offers hands-on exposure to challenges, allowing you to develop critical thinking and innovative solutions
• Adaptability: Teaches the ability to manage real-world deviations and unforeseen project circumstances effectively
• Stakeholder engagement: Develops skills in managing relationships, communication, and expectations with diverse project stakeholders
• Decision-making under pressure: Builds your confidence in making quick and informed decisions in high-stakes environments
• Soft skills development: Enhances leadership, negotiation, and interpersonal skills, which are crucial for team management and collaboration
• Understanding organisational dynamics: Provides insights into company specific processes, cultures and project workflows
• Immediate application of skills: Allows you to implement anything you learn instantly, leading to faster skills refinement
• Proven track record: Builds a portfolio of successful projects and achievements, demonstrating your competence to future employers or clients

Why should you combine both?

The integration of both professional qualifications and practical experience is the real recipe for success when it comes to project management. By combining the theoretical insights gained from formal training with the practical understanding that comes from hands-on experience, you can achieve a balance of expertise and adaptability. Empowering you to deliver projects effectively, drive organisational success and navigate the evolving demands of the profession.

Start your PRINCE2 or PRINCE2 Agile training today, and earn your next certification.