The PMP credential is widely regarded as the gold standard in the field. It’s one of the most coveted credentials and is widely acknowledged worldwide. Therefore, a significant amount of time is needed for study, and the odds of passing are low.
Today’s article will focus on the advantages of obtaining PMP certification. So, let us first understand what PMP stands for and what the certification is about. PMP stands for Project Management Professional Certification. Now, let us take a closer look at what PMP certification is all about. Also, if you are curious about how to get PMP certification fast, then let us tell you there is no shortcut to achieving PMP certification.
What is PMP?
The PMP (Project Management Professional) certification exam empowers project managers with specialized skills, knowledge, expertise, and determination to be strong project managers in an organization. But to be eligible for the certification, there are a few requirements set by the Project Management Institute (PMI):
- A project manager must have a work experience in the field for at least four years.
- Apart from that, there are two sets of requirements, so it is essential to check which category you fall under for PMP certification:
- A bachelor’s degree, 60 months of work experience in projects in the last 8 years, and 35 hours of formal project management training OR
- A four-year degree, 36 months of work experience handling projects in the past eight years, and 35 hours of formal project management training.
It is an expensive examination. So, extensive preparation is necessary, and project managers must put in all the hard work to clear the test. Also, it is a scenario-based exam with 180 questions combining multiple-choice, knowledge, and practical questions. And project managers have a total of 230 minutes to complete the test.
To know more about the certification, refer to the video guide by Simplilearn that will allow you to learn more about the training program. Simplilearn offers the best online project management certificate programs that cover the most trending topics, tools, and technologies to make you a better project manager.
Introduction To PMP Certification Training: Lesson 1 | Simplilearn
Advantages of PMP Certification for your career
If you are venturing out to pursue the certification, here are some benefits you must know about that will make your investment worthwhile:
1. Globally recognized
According to a survey by PMI, there is more demand for project managers. According to the report in AEG (Anderson Economic Group), job growth and opportunities will increase in 11 countries by 2027. So, project-oriented sectors and industries are expected to grow by 33%.
2. Higher salary
The twelfth edition of PMI’s salary survey demonstrates the disparity in pay between PMP-certified jobs and non-PMP-certified salaries. The PMP certification holder’s median salary difference in the United States is 32%.
In the United States, the average salary of a PMP-certified project manager is $71,395 annually, according to Glassdoor. Also, the number of years of work experience increases the chances of earning a higher salary with reputed organizations like IBM and BAE Systems. The highest salary of a certified project manager is $ 1,15,498 in a year.
3. Better career opportunities
As mentioned earlier, the best PMP certification program is globally recognized across various industries and presents project managers with the finest opportunities for the best jobs. So, a PMP certification comes with extensive training, a better skillset, and better job opportunities.
4. Improved knowledge and skills
To pass the examination, project managers require experience. This means a valuable amount of knowledge and skills are needed to demonstrate and take responsibility for a project in an organization. A project manager’s job description is to achieve organizational goals and objectives and monitor the team’s progress to ensure the project stays on track.
With relevant skills and knowledge, the project manager’s job becomes more accessible and practical.
5. Strong connections & networking
Some of the best online project management certificate programs will increase your chances of building strong relationships and professional networks through PMP certification.
You may join a community of like-minded experts if you get your Project Management Professional certification. In addition, it may help one make connections in one’s field and progress in one’s career.
The best PMP certification program will give you the credibility you deserve to reach extraordinary heights in your career. In addition, hiring managers at big organizations will recognize your efforts and dedication to clearing the test, boosting their confidence in you to manage massive projects.
Your dedication will improve job satisfaction and project outcomes, improving the company’s credibility.
7. Validates dedication to the job
Achieving PMP status validates your mastery of industry-standard practices and demonstrates your commitment to providing exceptional project results. First, however, to impress your superiors, you must learn the ins and outs of project management to complete assignments on time and within budget. Then, a better position at work could finally open up for you.
8. Adds credibility to the CV
You may increase your marketability to companies all around the globe and give yourself a leg up with a PMP certification. In addition, the strength of your resume and application will be significantly enhanced, validating the skills under your belt.
9. Improved communication skills
The PMP training’s tried-and-tested structure facilitates effective communication. A candidate’s value to an employer increases if they can recognize and address such issues. For example, you can have productive conversations with customers and suppliers when speaking the PMP language. When everyone is speaking the same language, there is less need for explanations and examples, and brainstorming sessions go more quickly and easily.
10. Challenging projects
The most desirable tasks allow one to learn and develop professionally. Therefore, these jobs are more likely to go to certified project managers. Professionals can manage even the most difficult projects, such as those that last years and involve teams from different countries and languages or require a complex risk assessment and cost structure.
Earning the Project Management Professional credential from the best PMP certification programs may boost your career prospects and visibility on a worldwide scale. It’s a chance to show off your project management and leadership skills. The time and effort spent earning a PMP certification may pay dividends in your career and life.
Earning the Project Management Professional credential has been shown to increase salary potential and work satisfaction. PMPs also have an advantage when applying for and accepting new positions and promotions. In addition, applying for jobs or bidding for projects may give professionals a leg up.