PMI has come up finally with a certification to satisfy the hunger of the business analysis community.
Of late business analysis has been a very valuable skill to learn for the project management community as well due to the need for the PM to perform BA roles also.
The certification space for BA community has been dominated by IIBA with its certifications, CCBA (basic level) and CBAP (Advanced level). PMI has recently come up with a BA certification, PMI-PBA for business analysts. And all of us are aware of the market share of PMI for its most popular certification for Project management stream viz PMP. This gives rise to the dilemma for the BA community on which certification to go for in the current scenario.
Here is a small comparison of PMI-PBA and IIBA® Certification:
- PMI PBA has come to market early in 2015, and is yet to gain familiarity in the market. Where as IIBA has already got the early mover advantage and has been very popular in corporate and as well as among professionals.
- However PMI has got huge following from the corporates and individuals for various project management related certifications (there are more than 600,000 PMP certified professionals world-wide). PMI PBA has relaxed the eligibility criteria by considering 2000 hours of Project management experience in the applicant’s career.
Rest of the points seems to be more or less similar, please see the exact apple to apple comparison below.
CBAP Recommended –
- Pure play BA/enterprise level BA and planning to stay in the same path
- Part of BA Center of Excellence/BA Competency team
- If your organization has IIBA certifications as part of the competency framework
PMI PBA Recommended –
- BA with a project or program management background/experience
- BA with PMP certification
- PMP certified professional /Project manager with BA responsibility
- If your organization has partnership with PMI
- If your organization has PMI certifications as part of the competency framework
PMI-PBA is for business analysts who work on projects and programs and have project management experience in their career, where as in contrast, IIBA® looks at Business Analysis in a much broader prospective and covers activities that exceeds project and program and applies to the entire organizational involvement/initiative.