PRINCE2 passes the 1 million mark
It’s now official – the number of PRINCE2 exams has now exceeded the 1 million mark. This significant milestone was announced by the PRINCE2 accreditation body, the APM Group on 28th September.
As the graphic shows, the number of people taking PRINCE2 exams has grown every year since its launch in 1996 with the exception of 2009 when the economic fallout from the credit crunch hit demand.
The continuing popularity is being driven by the demand by businesses for project managers. As competition intensifies globally, more and more businesses are being forced to change their business operations and that needs to be managed by people with project management skills. It’s not an option for companies to simply do business as usual and the pressure to innovate and change is intensive.
It used to be the case that the construction and engineering industries were where experienced project managers sharpened their skills, but then in the 1970’s the IT industry adopted project management methods developed in engineering. With increasing globalization in the latter decades of the last millennium and the opening up of new international markets, the speed at which companies developed new products increased.
All of these trends spurred the demand for project management training and professional qualifications and PRINCE2 has now become the world’s most popular professional project management qualification. Although just over half of all PRINCE2 qualifications have been gained in the UK, the qualifications are becoming increasingly popular in other regions, notably in Western and Eastern Europe and in Australasia. In Asia, although the number of people sitting exams is still small, the rate of growth is the largest, with PRINCE2 certification becoming particularly popular in India.
It took 12 years for the total number of PRINCE2 examination to reach 500,000 and only another 4 years to reach 1 million. It’s my guess that the 2 million mark will be reached sometime around 2020. That should keep PRINCE2 trainers such as myself with plenty to do.