Why Employers Want You to Have PMP Certification?

Over the last few years, you might have seen an increase in job postings for project managers. This is because project management skill sets are in high demand, as their role ensures that major projects are carried out efficiently.

Recruiters are looking to hire employees who can display their skills in the project management area. So, as a project professional, how will you show the employer that you are competent and serious about developing your career?

Simple, get yourself a Project Management Professional (PMP) certification.

Achieving the PMP accreditation from PMI is beneficial for project managers. Succeeding the credential exam opens an ocean of opportunities in your career and enhances your earning potential.  

In 2016, the average salary of project managers was $87,500; however, the pay for these managers, especially with a PMP certification, is over $112,000. This highlights how the salary and demand for project managers are skyrocketing.

However, project managers aren't the only ones who benefit from their PMP credentials, but organizations that hire the certification holders. So let's see how the company profits when its workforces earn PMP certificates.

4 Reasons Employers Want You to Have PMP Credential

1. Promote Confidence

Above all, your PMP accreditation marks that you have the skills to manage any project efficiently. This promotes confidence in both - the team you work with and the organization that recruited you.

If you have your credential, you are seen as someone at the head of the project management area.

To pass the PMP credential exam, the professional needs an in-depth understanding of the PMBOK Guide, which contains PMI-approved approaches one must need for practical completion of projects. Unfortunately, once you achieve the PMP accreditation, most clients and employers will assume that you have the Guide strategies down.

Moreover, having a PMP-certified professional on a team can be a tempting selling point when pitching to new clients. It might be a competitive advantage that sets your organization apart.

When clients hear that a PMP-certified manager will be working on their account, they'll have confidence that their projects are in professional hands.

2. Mandatory in Some Industry

For some client contracts, the PMP credential is more than just a benefit; it's mandatory. As a result, you may experience scenarios where you must have the certification to run a project, especially in the government sector.

It's becoming more common for credentials to be mandatory for work at the federal, state, and local levels. A need for PMP accreditation is also common in highly regulated sectors such as pharmaceuticals, finance, healthcare, defense contracting, and more.

These sectors have specific considerations like meeting particular security standards or aligning with government compliance policies. For such organizations, individuals without the certification aren't considered.

So, if you are interested in pursuing a career in either of these sectors, or there's a possibility you may have a client from these industries in the future, it's significant that you have PMP certification.

3. Earns Global Recognition

Besides the internal recognition received among the teammates or organization heads, you'll also increase your credibility globally, as the PMP is a renowned worldwide certification.

If your organization conducts business with overseas partners or you are keen on managing overseas projects, obtaining the PMP accreditation can provide you legitimacy in ISO/IEC nations.

Having a certified proficient on board is an added advantage when pursuing domestic business prospects. Similarly, your organization will find the same when forming business alliances overseas.

4. Alleviate Risks

Several organizations initiate projects that eventually fail. Over 75% of IT and business luminaries expect their next software project to face downfalls. Imagine the amount of time and money invested in these projects that go in vain just because the project doesn't succeed.

In addition, if the projects are closed or completed, they often go beyond the scheduled budget or deadline, resulting in unwanted expenses for the firms.

For most firms, any major project or shift, especially company-wide, comes with immense risks.

This is why PMP-certified project managers are desirable hires for organizations. These managers have learned the techniques leading to project success.

With the PMP certification, managers can prove that they have in-depth knowledge of managing projects and completing them within the schedule timeline and budget.

Successful completion of projects is the top priority for any company, and to make sure that stays the same is to recruit PMP-certified project managers, thus, alleviating the risk of sinking expenses into a failed project.

Achieving your PMP certification is a great way to support your company and increase the value you add to a team. If you're interested in pursuing the credential, it's the perfect time to begin preparing for the PMP exam by acquiring all the necessary experience.

Once you obtain the PMP certification, your work doesn't stop there. If you want your employer to continue gathering these benefits, you must maintain the credential by earning 35 PDUs every three years.

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If you're looking for PMP certification training, explore iCert Global's training courses to aid you prepare for the PMP credential test. Our courses are conducted by certified lecturers and they are designed to help you pass the exam on the first attempt.

Gain an in-depth understanding of project management and learn how to manage challenging ones with our Project Management Training course now.