Friday, 10 April 2020

The International Institute of Business Analysis(IIBA) and PMP certifications

What is IIBA?
IIBA or the International Institute of Business Analysis is a non-profit organization based in Toronto that promotes and supports the business analysis discipline. This institute helps business analyst professionals develop their skills and advance their careers by giving them access to quality content related to business analysis.
This organization was founded in 2003, and in 2005, the BABOK guide was released for the first time. CBAP was the first certification to be introduced, and after that, they have introduced many more certifications. IIBA offers three types of membership programs, namely Individual Membership, Organizational membership, and Academic Membership.
IIBA Certifications
Each IIBA Certification is tailored to help professionals succeed in the business analysis domain. The various certifications offered by the institute include Entry Certificate in Business Analysis (ECBA), Certification of Capability in Business Analysis (CCBA), Certified Business Analysis Professional (CBAP), Certification in Business Data Analytics (CBDA), and Agile Analysis Certification (AAC). 
Each of these certifications has different difficulty levels, and you should consider your experience level before attempting the exams for the same. It is advisable that you enroll yourself in a former training program for cracking these exams. We can offer you the best study materials and mock tests for the IIBA Certification exam.
What is PMP?

The Project Management Professional certification is issued by the Project Management Institute, a global non-profit organization. Being PMP certified can help you land profitable jobs in manufacturing, IT, healthcare, finance, and other industries.

Organizations with PMP-certified professionals leading them are shown to make higher profits than their competitors. PMP Certification requires a great deal of commitment and hard work, and one should look to clear the exam in the first attempt.

Eligibility
The PMP exam prerequisites depend on the type of degree the individual holds. For those with a secondary degree, a minimum of 7500 hours of experience in leading projects is required. Those with a 4-year Bachelor’s degree require 4500 hours of experience in leading projects. For all candidates, 35 hours of formal project management education is mandatory. 
How to Prepare for the Exam

PMP Certification exam demands familiarity with project management terminologies. The Project Management Body of Knowledge(PMBOK) guide should be thoroughly studied before attempting this exam. The exam duration is 4 hours. It consists of 200 multiple-choice questions. The questions not only test your knowledge but also your real-life problem-solving ability. We offer specialized mock tests and quality study materials as a part of our PMP Training program that will help you prepare yourself for this exam.

The pass rates for this exam are estimated to be 50-60% at the first attempt. The Exam consists of five domains: Initiating, planning, monitor-control, Performing and Closing a project. The Executing domain has the most weightage(31%), followed by Monitoring and controlling(25%), Planning(24%), Initiating(13%), and Closing(7%). There are 175 scored questions and 25 unscored ones.
You must form a study plan for your PMP Certification exam preparation. Break the syllabus into small blocks and target specific areas for improvement. It is also recommended to study the PMBoK guide thoroughly before appearing for the exam. Form a study group that will
PMP exam test your practical knowledge by resenting real-life scenarios in the exam questions. We TCWW can help you get ready for the exam through our classroom training and mock tests.

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