PROJECT MANAGEMENT PROFESSIONAL
Project Management Professional is a globally recognized credential for project managers, and the most sought after certification administered by PMI. It gives you the required knowledge, skill and competence to lead and direct a project. Even though there is a lot of work that goes into becoming a Project Management Professional (PMP®), the return on investment is definitely worth the PMP exam and preparation cost and time commitment.
PMP® Body of Knowledge
The Project Management Body of Knowledge (PMBOK®), is the standard guide for PMP® globally by Project Management Institute.
It covers the following areas:
- Project Integration Management
- Project Scope Management
- Project Schedule Management
- Project Cost Management
- Project Quality Management
- Project Resource Management
- Project Communication Management
- Project Risk Management
- Project Procurement Management
- Project Stakeholder Management
What is PMP certification and who can get it?
Let’s start with the basics. What is a PMP certification?
The PMP accreditation, offered by the Project Management Institute (PMI), is a certification designed for project managers. Now recognized in nearly every sector, the PMP accreditation has become a benchmark for project management excellence.
These days project managers are found in every kind of organization: finance, insurance, travel, healthcare, IT etc. Their main responsibility is to handle projects inside the company and ensure that all tasks are carried out correctly and on time. This includes keeping track of the people working on the project, ensuring deadlines are met, making sure the budget is controlled, and more.
The PMP® is not just the most reputable Project Management certification, but one of the best certifications to get across the board.
Here are some benefits of the PMP® Certification:
- Better Job Opportunities
In spite of the bad job markets in the recent past, the need for qualified Project Managers has been increasing exponentially. Based on surveys, there are 20% more jobs than PMP Certified Professionals available. This has created an extremely good job market for Project Managers who have the competitive edge that PMP credentials provide. With the need for qualified Project Managers expected to continue increasing in the future, the job market for PMP Certified managers will get even better.
2. The PMP® Makes Your Resume Stand Out
The certification is universally recognized for the obstacles one must conquer to become a certified PMP® professional. Getting through these challenges is telling to most employers because it takes time, effort, and commitment. As a beginner in the field of Project Management, a certification will add tremendous value to your resume. As a veteran with a proven track record, certification will take your career to the next level! Most often, recruiters use the certification to narrow down their candidate pool.
3. Helps you learn important skills:
PMP certification has high standards. As such, it is not easy to clear this exam without extensive preparation. Moreover, it requires you to master the practical application of the material. Attaining PMP credential will include learning several hard and soft skills. It builds the knowledge of fundamental project management processes tools & techniques and methodologies. Further, it exposes you to best practices and current trends in project management. You can also learn new tricks and techniques in project management activities.
4. Earn More
PMP certified project managers earn more than the non-certified ones. As soon as you get your PMP degree, you can command a higher pay and you can expect an immediate hike. Many surveys have shown that PMP certified project managers earn at least 20 percent more than the non-certified counterparts. Also, PMP certified professionals have the capability to earn a six-figure income.
5. Challenges You
Honestly, finally getting that PMP certification will not be the easiest thing you will do in your career — but it will challenge you in a good way. You will gain self-confidence, knowledge, and connections you wouldn’t otherwise have.
6. More Efficient Projects
Because having a PMP certification hands you a set of tools to utilize in building efficient projects, you can improve the efficiency and productivity in all your project experiences.
Labeled as “the most important industry-recognized certification for project managers” by the Project Management Institute, a PMP certification is the top way to differentiate yourself from others and grow faster as a project manager.