Education

10 Reasons You Need to Invest in a PSM Certification?

What is a PSM Certification?

Professional Scrum Master (PSM certification) is a standard of excellence that recognizes the knowledge and skills needed to identify, develop and support Scrum teams.

Professional Scrum Masters are responsible for coaching, mentoring and supporting the teams they are part of to reach goals. They are skilled at facilitating effective meetings, workshops and retrospectives and being able to give guidance on how to effectively manage the responsibilities of the Scrum Master role in an organization.

Professional Scrum Masters have a deep understanding of the Scrum framework and can see where changes need to be made within the organization. They are also able to provide guidance on how to implement Scrum within their team or organization.

PSM Certification Cost Overview

Let’s look at the cost overview of obtaining a PSM certification of top 5 countries:

India

PSM certification cost in India is approximately INR. 21, 000. This cost includes the exam fee, training course fee, and certification fee.

USA

PSM certification cost in the USA ranges between USD 999 – USD 1,450. This cost includes the exam fee, training course fee, and certification fee.

Canada

PSM certification cost in Canada ranges between CAD 1400 – CAD 1600. This cost includes the exam fee, training course fee, and certification fee.

UK

PSM certification cost in the UK ranges between £750 -£950. This cost includes the exam fee, training course fee, and certification fee.

Australia

PSM certification cost in Australia ranges between AUD 950 – AUD 1500. This cost includes the exam fee, training course fee, and certification fee.

Eligibility Criteria for PSM Certification

Prior to opting for the certification, a candidate must meet certain eligibility requirements. A list of the requirements for each level of certification is provided below:

PSM 1PSM 2PSM 3
Completing an accredited PSM training program (however, not mandatory)Scrum knowledge at an advanced levelUnderstanding of Scrum processes, values, and applications
Scrum Guide understandingThe Professional Scrum Master Course or extensive Scrum experience is required.Having experience with Scrum and/or having attended Professional Scrum Master training.
Must have passed PSM 1 and PSM 2.

Preparation for the PSM Certification

If you’re looking to get your PSM certification, there are a few things you’ll need to do in order to prepare. First, make sure you’re familiar with the program’s requirements and deadlines.

Additionally, you’ll need to make sure you meet the eligibility requirements. This can be done by gathering necessary study materials to prepare well for scrum and Agile training.

Finally, you’ll need to submit your application and pay the certification fee. Once you’ve done all of that, you’ll be well on your way to becoming a certified PSM.

PSM Exam Format and Syllabus

Following is the exam format for obtaining the PSM certification:

Number of Questions80
Exam FormatMultiple Choice Questions and True/False
Exam Duration60 minutes
Passing GradeMinimum 85%

The syllabus for obtaining the PSM certification includes an introduction to the principles of Scrum, a software development framework that emphasizes collaboration and communication. You will learn how Scrum works, how it differs from other frameworks, and how you can apply its principles to your own projects.

This certificate is for developers who want a deeper understanding of the Scrum development life cycle and who want to improve their ability to collaborate with their peers.

Benefits of Getting PSM Certification

Elucidated below are some of the benefits of getting PSM certification:

Solid Foundations of Scrum Knowledge

When it comes to learning Scrum, there is no substitute for a solid foundation of knowledge. The PSM certification is one of the most respected and recognized credentials in the industry, and for good reason. The PSM certification program is designed to ensure that Scrum Masters have a deep understanding of the Scrum framework and how to apply it effectively in real-world situations.

Change of Mindset

The mindset of a professional Scrum Master is one of the biggest benefits of having a PSM certification. A Scrum Master with the right mindset can adapt to change, be open to new ideas, and work with others to find solutions. They also have a deep understanding of the Scrum framework and how it can be used to benefit their team.

Stay Relevant and Marketable

As a professional Scrum Master, you will always be in demand. Companies are looking for professionals who can help them implement Scrum and who are able to take on the role of facilitating Scrum ceremonies. With your PSM certification, you will be able to show potential employers that you have the skills and knowledge to be a successful Scrum Master.

Benefits Your Company

If your company is looking to improve its Scrum process, then Professional Scrum Master (PSM) certification may be a good option for you. PSM certification denotes that the holder has a deep understanding of Scrum theory and principles and can effectively apply them in order to help a Scrum team function at its best.

Work with Your Peers Effectively

In order to be an effective Scrum Master, it is important to be able to work well with your peers. This means being able to communicate effectively, collaborate when needed, and resolve conflicts in a constructive manner.

Working well with your peers is not only important for the success of your Scrum team, but it is also essential for your own professional development. By building strong relationships with your colleagues, you will be better positioned to learn from them and grow as a professional.

The Professional Scrum Master (PSM) certification can help you develop the skills and knowledge you need to be an effective Scrum Master. Through this certification, you will learn how to effectively lead Scrum teams and create high-performing organizations.

Influence the Organization

As a Scrum Master, you could influence the organization in which you work in several ways. First, as the primary advocate for Scrum within the organization, you can help to educate others about the benefits of Scrum and how it can be used to improve both individual and organizational performance. Second, you can use your knowledge of Scrum to help optimize organizational processes and procedures, making them more efficient and effective. 

Finally, as a leader of a Scrum team, you can serve as a role model for other teams within the organization, demonstrating the power of Scrum to achieve successful results.

Badge of Honor

The PSM certification is a badge of honor that signifies an individual’s commitment to the Scrum framework and their ability to effectively coach and guide teams through successful adoption and implementation.

Complete Control of the Project

As the Scrum Master, you take complete control of the project by ensuring that the team adheres to Scrum values, practices, and procedures. In addition, the Scrum Master is responsible for protecting the team from external influences and ensuring that the team has everything it needs to be successful. With the PSM certification, you will have the knowledge and skills necessary to effectively perform these duties.

Continuous Innovation and Development

The Scrum framework is constantly evolving and improving, and the PSM certification ensures that practitioners are kept up to date on the latest changes and developments. The PSM certification is also globally recognized, so practitioners can be confident that they are meeting international standards.

More Time and Money

If you’re looking to improve your career and earn more money, becoming a certified Scrum Master can help you achieve those goals. With the help of a PSM certification, you can learn how to effectively manage Scrum projects and teams. This can lead to more opportunities and higher salaries.

11. High ROI means High Value for You

A PSM certification can provide a lot of value for the money. The ROI on this investment can be quite high, as it can lead to increased productivity and efficiency in your work. With a PSM certification, you will be able to better understand the Scrum framework and how to apply it in your work. This can help you save time and increase your output. In addition, you will be able to build better relationships with your team members and stakeholders.

Developing Customer-centric Products

A PSM certification demonstrates a commitment to developing customer-centric products using the Scrum framework. PSM certification holders have demonstrated their knowledge of Scrum and their ability to apply it effectively. They are also committed to continuous improvement.

Conclusion

As you can see, the PSM certification is an excellent way to demonstrate your dedication to professional Scrum mastery and secure a job in the highly competitive software development industry. With its cost-effectiveness, eligibility requirements that are accessible for most people, and a range of benefits – obtaining PSM certification has never been easier or more rewarding. So, start exploring Agile training today and get ready to take your career to new heights.

FAQs

What does the exam pass rate for the PSM?

To pass this exam, you must score a minimum of 85% despite not requiring formal training.

Is the PSM exam hard?

PSM exams can be challenging, but by preparing, using the Scrum Guide, and doing the Open Assessments beforehand you will be able to pass it.

Is PSM Professional Scrum Master Certification assessment online or paper-based exam?

PSM is an online exam that you can take in 60 minutes, and you will need to answer 80 questions in that time.

How do I renew Professional Scrum Master (PSM) Certification?

Your PSM credentials do not need to be renewed. The PSM credential is valid for life once you obtain it.

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