Is it worth getting PMP Certified?

Posted by Careerera Online on September 1st, 2021

As project managers are becoming more and more in demand individuals are asking the question that - Is it worth getting PMP Certified? This is because the field of project management is expanding at a rapid pace and is quickly entering into all the sectors and industries of the corporate world.

So there are a lot of opportunities and job vacancies which are being created in this lucrative and profitable field. This is why so many individuals are becoming interested in entering the field and starting their careers in it and are inquiring about the PMP certification.

How much does the PMP certification cost?

The PMP certification costs 555 USD for non-members of the PMI and only 405 USD for members of the PMI. The difference in the cost for members and non-members is because the PMI gives very large discounts to members of its organization.

Members of the PMI get several additional benefits too such as huge discounts on all of the study materials published by PMI, special access to webinars and forums and conferences where distinguished speakers who are seasoned and experienced project managers themselves speak, and many other perks and bonuses which are not available to people who are not members of the PMI.

The reason the PMI gives such huge discounts to its members is that they want to promote the PMP certification and also promote the membership to their organization at the same time. The PMI is a very large organization and it has many chapters which are spread across many different countries, continents, and cities.

So the PMI wants more and more members in its organization so that they keep visiting more and more chapters, keep forming more and more connections, and keep taking advantage of more and more networking opportunities. All this will help the corporate culture within the PMI develop and grow.

What is the salary of PMP-certified project managers?

The salary of PMP-certified project managers is absolutely astronomical. PMP-certified project managers lie in the highest income brackets out of all the professionals in all the sectors and industries of the corporate world.

The salary of PMP-certified project managers is so incredibly high because of a variety of reasons. The first reason is that the PMP certification is one of the most widely renowned and widely respected certifications in the educational training and course provider industry and in the certification industry.

So when hiring managers see that an individual has the PMP certification on their resume they immediately feel a lot of reassurance and belief in the candidate’s skills, abilities, and knowledge. So they feel very certain and secure in the knowledge that if they give this candidate a high salary they will perform very well and will give exponential times more business output to the company.

Another big reason why PMP-certified project managers draw such high salaries is that the role of the project manager is incredibly important role. It is the most central and integral role in a project and the success or failure of a project depends entirely upon the expertise and competence of the project manager.

So businesses and organizations always give very high salaries to project managers with the authentic and credible credentials of the PMP certification because they are eager to keep them well-motivated and well-compensated so that they lead, direct, and manage their projects with great enthusiasm and great eagerness.

Fresher – 10,00,000 INR per annum.
1-4 years – 14,00,000 INR per annum.
5-9 years – 18,00,000 per annum.
10-15 years – 25,00,000 per annum.

What is the tradeoff between the cost of PMP and the salary of PMP?

If you look at the above figures you will see that the cost of the PMP certification is absolutely peanuts compared to the salary of PMP-certified project managers or the salary individuals get when they acquire the PMP certification.

So there is really no real or significant tradeoff between getting the PMP certification and then later on getting a lucrative and profitable job as a PMP-certified project manager. A PMP-certified project manager will earn hundreds of times the cost of the PMP certification exam in a single year.

Another thing to consider is that PMP-certified project managers are paid higher salaries than their non-PMP-certified counterparts and so the PMP certification will not only help aspiring project managers get the positions of their dreams but will also help them to secure higher salary packages than their fellow project managers.

Is it wise to prepare for the difficult PMP exam?

It is definitely worth it and very wise to prepare for the difficult PMP exam because the rewards which lie in wait for the PMP-aspirant after clearing the exam successfully are incredibly huge and incredibly bountiful.

You can prepare for the PMP certification exam in a systematic and organized way by taking the pmp certification course.

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Careerera Online
Joined: September 18th, 2020
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