Seminar paper from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of applied sciences, Munich, course: Projektmanagement, language: English, abstract: More than a quarter of enterprises are organising most of their work in projects. Because of the growing acceptance of project work there is growing need for qualified staff for managing projects. But there has been much debate within the field of project management as to whether it satisfies criteria for status as a profession. Morris and Pinto reported that development and recognition of a distinct profession of project management has certainly been a strong driver in the development of standards for project management. A body of knowledge, standards and related assessment and qualification processes can therefore be seen as essential building blocks in the formation and recognition of a profession.According to Kuster et al. there are two main organisations certifying project management skills: International Project Management Association (IPMA) and Project Management Institute (PMI). The scope of this term paper is to verify the truth of this statement and to provide a critical and comparative market overview about different project management certifications as well as certification methods.