Is It Worth Getting PMP Certification?

Yes, it is definitely worth getting PMP certification. It is worth the hard work, effort, time and money.

First let us know,

What is PMP all about?

Project Management Professional (PMP®) certification is a globally recognized certification accredited by the Project Management Institute (PMI®)-  globally recognized organization in the field of project management.

PMP credential is an industry-recognized standard certification for project managers worldwide. Project managers having PMP credentials can witness their career growth as soon as they get certified. It validates their experience, knowledge, capability, and required skills to lead and manage complex projects.

Professionals who meet the following criteria can apply for prestigious PMP certification and take their career to a higher level:

• Secondary degree (high school diploma, associate’s degree or the global equivalent)
• 5 years or 7,500 hours leading and directing projects
• 35 hours of project management education OR CAPM certification

OR

• Four-year degree
• 3 years or 4,500 hours leading and directing projects
• 35 hours of project management education OR CAPM certification

PMP certification is aligned to the reference guide PMBOK- 6th edition released by PMI. It is the fundamental resource for the PMP credential aspirants. PMBOK-6th edition is developed by subject matter experts and reviewed by PMI’s Project management community.  PMBOK guide is available in English and 11 other languages (Arabic, Chinese [simplified], French, German, Hindi, Italian, Japanese, Korean, Portuguese Brazilian, Russian and Spanish).

PMP examination is based on five domains mentioned in PMBOK-6 edition

Let us know why getting PMP certification is worthy.

Adds value to your career

PMP credential definitely adds value to your career as it validates your competency and knowledge in the field of project management. It provides an opportunity to handle complex projects in the organization. PMP certification helps you to gain trust from the employers

The credentials from PMI prove that your knowledge is up to date as PMI course content is based on the current industry situation. It includes:

• Trends and emerging practices
• Tailoring considerations
• A greater emphasis on Strategic and Business Knowledge
• A new section on the role of the project manager

You can apply your project management skills according to the newest project management trends.

According to the statistics report by WRIKE,

“80 percent of high-performing projects are led by a certified project manager”.

Job opportunities worldwide

There are ocean-like opportunities in the field of project management for PMP certified professional.

According to PMI’s Talent Gap: Project management through 2020,

Project-intensive industries: The industries with a high level of project-oriented work. These industries are:

• Information services
• Manufacturing
• Business services
• Finance and insurance
• Oil and Gas
• Construction
• Utilities

The project management profession is expected to grow by US$6.61 trillion. 

In the countries like Australia, Brazil, Canada, China, Germany, India, Japan, Saudi Arabia, United Arab Emirates and the United Kingdom, project management roles are expected to grow by 13.4 million through 2020.

Build network globally

Credentials from PMI is not just certification. It also gives opportunities to meet active practitioners and subject matter experts under one roof.

The PMI serves more than 2.9 million professionals including over 500,000 members in 208 countries and territories around the world, with 300 chapters and 10,000 volunteers serving local members in over 80 countries.

Though it is not mandatory to take PMI membership for PMP certification but it is recommended to take PMI membership for a discount on exam fee, opportunity to join local PMI chapter, free access to PMBOK guide etc.

If you are a member of PMI, PMI arranges frequent meetings, global conferences for members across the globe and speak common language of project management.

You can also access to online communities, templates, member-only webinars, virtual events etc. It will help you to build your network.

Higher earning potential

The earning potential increases with experience and progress of knowledge. According to Earning Power: Project Management Salary Survey, 10th Edition, certified PMP professionals earn 23% higher salary on average across 37 countries surveyed.

The countries with higher increase in the median salary of certified professionals are:

In the United States the median salary of Certified PMP professionals among survey respondents was 25% higher than the median salary of those without the PMP certification ($115,000 versus $92,000).

Continuous learning

Even after you get PMP certified once you get PMP certified you need to maintain your certification by earning Professional Development Units (PDUs) as a part of the Continuing Certification Requirement (CCR) Program.

1 PDU= 1 hour of learning activity

This allows you to gain knowledge on a continuous basis. You can earn PDU’s by attending webinars, joining the discussion thread, volunteering for local PMI chapter or by completing relevant educational courses by training organizations.

The Global Project Management community helps you to stay updated with recent methodologies and techniques.

Validates dedication towards a career

Getting PMP certification is not an easy task. Once you get PMP certified you will experience confidence to handle any kind of projects and increases the project success rate. It requires a lot of effort and commitment towards the goal.

 The employee with continuous learning and dedicated to professional growth is an asset to the company.

The employers know the importance of trainings on project management.

According to PMI’s Pulse Of The Profession,

Three in five organizations provide training on project management tools and techniques.

Conclusion

By knowing all the perks of getting PMP certified we can conclude that “yes” it is indeed worth all the efforts, money and time.

RECOMMENDED POST:

What is PMP?

Key Features of PMP® Certification Training
Top 10 Reasons to Get PMP® Certified

How To Qualify PM Experience In PMP Application Form

The Step By Step Procedure To Fill The Application Form

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