What Is The Benefit Of PMP Certification?

Posted by rksingh24 on May 29th, 2019

One of the major reasons that anyone gets trained in a certification course is to boost their career and learn new skills and technology pertaining to that field. However, getting training in a certification course can be quite challenging and requires hard work as well as patience. One such course that can help you to climb up the career ladder is PMP certification.

In this article, we will discuss 10 reasons you should get PMP certification. But before discussing that we will have a quick overview of what PMP certification is and who can receive a PMP certification.

 What is PMP certification?

 PMP stands for Project Management Professional and PMP certification is one of the most in-demand certification courses in the job market. It is an industry-recognized credential that any project manager can hold. With a PMP course as a project manager, you have the opportunity to demonstrate your experience, skill, education, competency that is required to lead and direct a project.

Suggested Course: Project Management Professional

The PMP certification is administered by the Project Management Institute (PMI) USA. PMP certificate course is one of the most sought after one in the market because project management professionals are required in every sector. Despite the requirement of skills and know-how of technology may vary depending on the type of industry and geographic location but opportunities offered to PMP certified people are huge. 

As companies are now looking for people with different backgrounds for the project management the need for standardized skills are ever increasing. The project managers with these sets of skills are required to undertake various projects like system reorganization, ensure the effectiveness of service and get established outcome, warrant that strategic visions can be turned into achievable goals while negotiating the various constraints of the project.

  Who Can Get PMP Certification?

 A person must work in the field of Project Management can or should get the PMP certification. As a candidate you must have the following experiences:

With a secondary degree the followings are required:

• Professional Project Management experience of a minimum of 5 years (60 months).
• Leading or directing projects for 7,500 hours minimum.
• Receive Project Management Education for 35 hours minimum.

OR

 With a four-year degree the candidate should have the following experiences:

• Professional Project Management Experience for a minimum of 3 years (36 months).
• Leading or directing projects for 4,500 hours minimum.
• Receive Project Management Education for 35 hours minimum.

Prior to applying for the PMP certification training course, these experiences need to be accrued by you in the last eight consecutive years. Professionals from marketing, programming, event management who have lead functional and leading roles are also eligible for PMP certification training.

Also Watch: Technical Webinar: What does Project Management Initiation mean?

Since PMP certified professionals are in demand here are the 10 reasons why you should consider getting a PMP certification if you are considering a career as a Project Management Professional.

  10 Benefits Of PMP Certification

 There are several benefits of doing a PMP certification here are 10 such benefits. 

1. Globally Acknowledged: With PMP certification you have the freedom to apply for a job anywhere in the world and work there. Since this is a globally acknowledged certificate, whose reputation precedes itself, any professional with PMP certificate is a sought-after professional globally. PMP certification training enables you to showcase and demonstrate the skills necessary in project management. As per 2017, there are over 76,000 PMP certified professionals globally and the demand for them is on the rise. 

2. Increase In Salary: Studies conducted by Salary Survey, Eighth Edition have revealed that PMP certified professionals enjoy 17% more salary than their counterparts without the PMP training.  Hence this is a good reason to get the PMP certification since it offers a dramatic hike in the salary of project management professional. 

3. Expand Your Market Reach: Despite PMP professionals working throughout the world, it is a close-knit community. There are several Project Management online platforms and forums that invite fellow PMP to share tips, experience, and insight about their profession. While it helps you to stay connected and learn of new techniques and developments of the industry it also allows you to know about recent job postings and vacancies. 

4. Better Job Opportunities: As per a survey conducted by Pricewaterhouse Coppers, 80% of the high performing projects in most industries use project managers with PMP certification. PMI Pulse reported that 35% of PMP certified projects are handled in a superior manner and has a better result than those without the certification. As a result, PMP certification opens up more job opportunities than those without it. 

5. Challenging Projects: PMP training for the certification focuses on providing the candidate with knowledge and enhancing their capacities to undertake challenging projects. Since a candidate with PMP certification has the experience, technical skills and education in Project management they are in a unique position to work on any project irrespective of its challenges.   

6. Enhanced Project Performance: PMP certification requires a candidate to undergo rigorous PMP training programme compared to other project management certification. PMP certification exam tests a candidate on five main project management processes: 

• Initiative
• Planning
• Executing
• Monitoring and controlling
• Closing

 This ensures that the PMP candidate has detailed knowledge of standardization and actions that need to be taken for conducting a project. Addition to these five main project management process a candidate training for PMP certification exam is also required to have an in-depth understanding of the following: 

• Project scope management
• Integration management
• Human resource management
• Time management
• Cost management
• Quality management
• Procurement management 

All these factors enable a PMP certificated candidate to perform better than their peers without the certification. 

7. Gain Visibility To Recruiters: PMP certified candidates catches the eyes of the recruiters because of the professional expertise they receive on passing the PMP certification examination. Hence result recruiters prefer to hire PMP certified professionals compared to those who are non-certified. 

8. Applicable For Most Industries: As a PMP certified candidate you can work in a range of fields like IT, business processing, telecom, commerce, finance, research and more. This is because project manager professionals are needed in every field of work. 

9. Good Career Investment: PMP examination and certification course are not cheap, rather it falls in the mid-range in term of cost for certification courses. Also, it is not an easy certification exam to pass, since the passing rate is between 50 and 60 percent. Hence, considering the passing rate often candidates require formal training, which is an additional cost of about ,500 - ,000. However, it is a good career investment since it offers a plenitude of benefits, most of which is an increase in salary. 

1. Secured Job Even During Financial Crisis: Studies have revealed that 80% of executives believe that PMP certified professionals have more job security than their counterparts without it. The reason being PMP  certified candidates have the ability to demonstrate core competencies, which make them even valuable during the recession. 

Hence if you are considering boosting your career and securing your job consider investing in getting PMP certification. There are several online PMP certificate training centers. So, enroll in a reputed institute to give your career the boost it requires.