PMP project managers handle more than 70% of the top level projects. Organizations with more than 60% PMP certified project managers have higher success rate than other organizations. PMP is the 5th top-paying certification in the year 2015-2016.
About PMP certification?
Project Management Professional (PMP) is a prestigious professional certification. A well recognized and respected credential, PMP is considered mandate for the project managers. particularly, for ones who want to take their career a step ahead.
What is the PMP certification exam about?
Project Management Body of Knowledge, with industry standards, is used as the guide for testing aspirants. The PMP exam tests the applicants on tasks out of five strategic competence domains:
- Monitoring and controlling
Benefits of PMP certification
1. Adds value to profile
PMP certification is a very valuable certificate program. Recruiters looking to fill in a vacancy of a project manager tends to fall for this as they know such skills make a manager more competent. Recruiters shortlist profiles with PMP certification over those which do not have such certification.
Project management jobs are high in demand. Many leading companies are making it a mandate to have a PMP certification, which means one cannot even apply for some positions without these credentials.
2. Industry recognition
PMP certification is universally recognized. Regardless of the professional background and industry, one can benefit by adding the certification to ones resume.
For an individual starting out his career in project management, then PMP certification will make up for his lack of experience. Alternatively for experienced and having a proven track record of work, the PMP certification can uplift candidate to the next hierarchy in the company.
3. Learning core skills
There are many project managers out there in the corporate world. One needs to learn apt skills to stand out. PMP certification requires you to master the practical application. Attaining PMP credential will include learning several hard and soft skills.
Further, it exposes you to best practices and current trends in project management. Experience may teach one to improve how to excel in projects. But, a certification can do the similar work in a lesser tenure.
4. Higher income
The biggest charm of PMP certification is the good salary it can compensate to the project managers. Across the industry, the average pay of certified project managers is relatively higher. A research states that the average median pay for a project manager with certification is $ 1,00,000.
Among women, PMP certified holders earn a lot more than female, certified professionals in other fields. Organizations value the core skills learned through certification. PMP credential can help one get- thru a potential lay off.
5. Networking opportunities
Presently, there are about 700,000 PMP certification holders across globe. When one registers as a member, one become part of the club.
The benefits of such networking groups are huge. Being a part of such group, one can get to know about new opportunities that are shared by candidates who value this certification. Such communities help in building professional networks.