Benefits of PMP Certification
What is PMP Certification?
The PMP (Project Management Professional) certification is offered by the Project Management Institute for those working professionals who want to gain more expertise in project management. A project manager’s main responsibility is to drive value with the delivery of every project they are in charge of. The PMP certification guides them with best practices, tools, and techniques to attain this outcome.
The PMP certification comes with a large number of benefits that help working professionals enhance their skill set and grow their careers. Project managers and team members can benefit greatly from the certification; hence PMP certification is valued so highly. Some of the many benefits of the certification are discussed in the article below.
What is the PMP Certification Exam?
According to a recent study, it was shown that the job roles available in project management would rise up to 2.2 million by 2027. This means the PMP certification will come extremely handy for those who want to start their career in project management or expand their horizons and grow in the field. Though the PMP certification exam is a difficult exam to pass, once cleared and met all the requirements, they will become a part of a global community that will continue to grow.
There are certain requirements that PMI has listed out to be eligible for the PMP certification exam. The biggest requirement is that professionals need to have prior work experience in the field of project management. Some of the other prerequisites to be eligible for the PMP certification are listed below:
- Candidates need to have a four-year undergraduate degree to be eligible for the certification. If they meet the education requirements, they need to have 36 months of working experience leading projects in an organization. They also need to have a minimum of 35 hours of education or training in project management.
- In the case of those who do not have a four-year degree, it is still possible to meet a PMP certification eligibility criteria. They need to have their high school diploma or an associate’s degree, along with 60 months of work experience leading projects. The candidates also need to complete a minimum of 35 hours of training and education in project management.
The certification exam tests the candidate’s knowledge of various aspects of project management. The breakdown of the examination’s parameters is listed below:
- Project planning holds 24% weightage in the certification exam
- Project initiation holds 13% weightage in the certification exam
- Project execution holds 31% weightage in the certification exam
- Project monitoring and control holds 25% weightage in the certification exam
- Project closing holds 7% weightage in the certification exam
Is PMP Certification Worth it?
To answer the question in the shortest possible manner, yes, a PMP certification is worth the time and resources spent in achieving it. The certification process is not simple and requires a lot of learning and education to pass the exam successfully. Various institutes offer certification courses to prepare learners and applicants for the certification exam.
A PMP certification means that one’s skills and expertise and handling projects and leading them to success have been validated. The working professional can easily verify that he or she has the knowledge required to complete the project he has been assigned in a timely and successful manner. Certified professionals are equipped with the knowledge of the best practices and techniques they need to deliver high-quality projects. This means they will automatically make fewer errors and have more successful outcomes than their non-certified counterparts.
Benefits of PMP Certification
The number of benefits that certified PMP professionals receive with their certification is why it is the highest-ranking certification in the field of project management today. The level of difficulty involved in clearing the examinations adds more value to those who complete it and can reap its benefits. Some of the benefits that working professionals will receive after completing their PMP certification are listed below.
1. PMP Certificate holders become globally recognized individuals
Those who have managed to complete and obtain their PMP certification are considered to be extremely valuable resources. The certification is a globally recognized credential. This means those who have managed to complete the same are held in high regard and appreciated by companies worldwide.
2. PMP Certifications add immense value to one’s resume
Project management as a field has grown greatly in the last decade or so. More and more organizations are recognizing the value of working with experienced and qualified professionals for their projects. They work smarter and have the best practices and techniques ready to solve any problems that may arise in the project’s duration.
The PMP certification gives employees the skills they need to deliver projects successfully. This means the PMP certification is considered very important, and those who have it on their resume will hold immense value over the same. Potential employers and recruiters will recognize the value of the PMP certification in one’s resume, leading to better job opportunities.
3. A PMP Certification is important to expand one’s skillset
There are many industry standards, compliance-related regulations, and general best practices taught in the PMP certification course program. This means that besides learning various tools and techniques of project management, a PMP certification also helps candidates broaden their horizons and learn more about taking a holistic approach to project completion. There are many external and internal factors involved in the success of a project. A PMP certification is extremely useful in learning about the best ways of going about it.
4. PMP Certified professionals get a higher annual income
There is no doubt about the importance of a PMP certification in the job role of a project manager. If one isn’t a project manager, they can still benefit from the certification. This is because the skills learned during the certification course can help one build and deliver successful projects, generating high levels of ROI for the organization. The value a certified PMP professional brings to the organization needs to be compensated adequately as well. This is why PMP certified professionals are paid a significantly higher annual salary than their non-certified counterparts.
There are many more benefits that come with completing a PMP certification training course. Certified professionals become a part of the global community that is focused on growth and progress. They also gain more respect among their peers and the like. Even though it may seem like a lot of work and effort, this certification is completely worth the resources that go into obtaining it.