The Project Management Professional (PMP) certification offered by the Project Management Institute (PMI) is the most popular certification among project managers. Professionals across 200 countries have earned and maintained their certifications. This PMI certification is proof of the holder’s expertise and unparalleled talent in project management.
The certification is accepted worldwide, and people working in any industry can get it to learn new skills and develop expertise. If you are wondering about the importance of PMP certification for project managers, you are in the right place. In this blog, we have discussed the importance of PMP.
Why is PMP certification important for project managers?
Here are some reasons why PMP certification is essential for project managers.
Helps in getting a better salary
According to the PMI Earning Power: Project Management Salary Survey 2021, PMP certification increases the chances of getting a better salary. The survey was conducted in 40 countries, and participants with the PMP certification earned 16 per cent higher than ones without it. Thus, getting this certification can significantly boost your earning potential in all industries and sectors.
Gives credibility to your skills
The path to becoming PMP certified is not easy. That is why most people prefer to take PMP training before giving the exam. However, this is also why the certification provides credibility to your skills. It is definite proof of your expertise in project management. Having the certification in your resume will help you stand out from others.
Find new opportunities
Many organizations worldwide look for people talented in project management. That is why project management courses are in high demand. And PMP happens to be the best of them! PMP is globally recognized, making it more likely for PMP-certified people to find newer and better opportunities. Since you also become a part of a brilliant community, you can learn about potential job opportunities from other members.
Better chances of getting hired
According to the Job Growth and Talent Gap in Project Management Report, the demand for people in project management-oriented roles will reach 87.7 million. This demand will create abundant job opportunities for people with expertise in project management. And PMP gives you exactly that! Not only does it increase your chances of being hired but also helps you stand out from the competition.
Become a part of a growing community
According to PMI, over 1 million people across the globe have maintained their PMP certification. Getting the PMP certification is equivalent to joining one of the fastest-growing communities in the world. You will get the opportunity to interact and learn from your peers and elites in the project management field. It will also allow you to become a mentor.
Achieve career growth
The PMP certification can help you learn many new things about project management. However, that is not all you learn. You also learn different ways of learning. The certification allows you to grow and develop yourself along with your skills.
Keep up with the latest trends
One of the best things about this PMI certification is that it is always up to date with the latest industry trends. PMI regularly updates the certification based on the current situations and trends in the industry. This also enables you to stay updated with the latest project management trends.
Add value to the organization
Certified project managers add great value to their organizations. They can better organize their teams and handle setbacks with ease and grace. They can also achieve results using fewer resources.
Read More: How to Get PMP Certification in 2023 – Study Notes, Tips & PMP® Exam Update
How to get PMP certification?
The PMP certification is meant for experienced project managers. It helps them prove their skills in three key areas: people, process, and business environment. The project manager must have the skills to manage the team and achieve the project goals. To become eligible for the certification, you have to follow one of the criteria:
Set 1
- Have a four-year degree/global equivalent
- 36 months of experience in project leadership in the past eight years
- 35 hours of training in project management/ CAPM certification
Set 2
- High school diploma/associate’s degree
- 60 months of experience in project leadership in the past eight years
- 35 hours of training in project management/ CAPM certification
Here are some other details of the certification.
Cost: The certification cost for members is Rs. 21,933, and for non-members is Rs. 30,042. If you want to become a member, the PMI membership costs Rs. 7,646 a year.
Number of questions: 200 multiple-choice question
Exam duration: 4 hours
Maintaining certification: You have to earn 60 professional development units every three years to maintain your PMI certification.
Applying for the certification
- You can apply for PMP by registering on its official website.
- Next, complete 35 hours of project management training.
- Check whether you follow the eligibility criteria.
- Submit your application and pay the fee upon its acceptance.
- Schedule your exam and pass it.
There you go! Now you are ready to get your PMP certification. Consider taking PMP training to pass the exam in one go.
