What is PMP Certification?
Project Management Professional (PMP) ® certification is the most eminent professional qualification for project managers provided by the Project Management Institute (PMI) ®, a US non-profit professional organization. Persons holding the PMP Certification, especially project managers, are highly respected and distinguished as they have a globally acknowledged professional certification.
What are the prerequisites to apply for the PMP credential?
If you wish to apply for the Project Management Professional (PMP) ® credential, you need to either:
Possess a Secondary Degree (High School Diploma, Associate’s Degree, or Global equivalent) with a minimum of five (5) years / 60 months of unique (non-overlapping) Project Management experience, with 7,500 hours in leading and directing projects and 35 hours of Project Management Education.
OR
Possess a four-year degree (Bachelor’s Degree or the Global equivalent) and a minimum of 3 years/36 months of Project Management experience, with 4,500 hours in leading and directing projects and 35 hours of Project Management Education.
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What are the benefits of doing a PMP Certification?
While some might argue that obtaining a PMP certification is expensive, difficult, and time-consuming, you must know that many benefits are associated with obtaining a PMP certification, which heavily outweigh its cons.
It is precious for an aspiring Project Manager.
If you belong to the IT field, you must know that the number of efficient project managers has increased. With the increase in demand, an organization must receive many applications. Therefore, it becomes difficult for the organization to filter out the applications. Here, PMP becomes an important criterion for filtering applications. However, the organization might not declare the same is mandatory. Still, in receiving many applications, PMP is one of the most preferred shortlisting criteria adopted by the organization.
On the other hand, if you are aspiring to move up to a higher position in your existing organization, possessing PMP certification will, indeed, give you a massive boost compared to your colleagues in terms of moving up the career ladder.
Furthermore, most popular organizations make PMP certification mandatory for anyone applying for project management-related positions.
It helps you gain recognition.
As mentioned above, PMP certification is universally recognized. It is a global certification that does not come under a specific domain or geography. According to researched data, a project that has PMP-certified managers is likely to succeed and make significant progress consistently.
If you are beginning in project management and do not have experience, possessing a PMP certification will make it up for you.
Gain an understanding of important project management skills
Experience in managing projects does hold significant importance. However, the PMP certification can help you gain the required experience over a shorter period.
It is tough to clear this exam, as it demands dedicated and extensive preparation from you. The new techniques and methodologies you will learn in acquiring PMP certification will help you manage projects better, as you will know the best practices and latest trends in project management.
In short, PMP helps you gain that essential knowledge base, which is necessary when hopping into the role of a project manager.
Earn higher income than your colleagues.
Well! This benefit might be the one that brings a wide smile to your face. Yes! Who does not want to earn more money? As a PMP-certified project manager, you will make significantly more than the non-certified project managers.
According to statistics, PMP is one of the highest-paid IT certifications. Moreover, the salaries will continue to grow in the future.
Please note that you must pay a considerable sum, in the beginning to prepare and sit for PMP certification. Still, the significant rise in your salary after attaining the PMP certification makes up for it.
You become a part of the PMI club.
Project Management Institute (PMI) has over 700000 active PMP-certified members. When you acquire the PMP certification, you become a part of this elite club and get a chance to interact with other members. Moreover, even PMI arranges frequent meetings for the members in major cities worldwide.
These meetings are necessary to help the members get their Professional Development Units (PDUs). These units are vital to fulfilling continuous credentials, known as CCRs, essential to keep the certification for three years.
By participating in such meetings, you will share a professional relationship with other PMP-certified members, which is vital to gaining additional knowledge on current and upcoming trends.
You become a valuable asset to the organization you work for
As you know, there are certain prerequisites that you are required to attain before going for the PMP certification. When you dedicate yourself to achieving PMP certification or any other certificate, you show devotion to your job. This is extremely helpful when you forward your resume to potential employers, as they understand it takes arduous and demanding efforts to attain a PMP certification.
Moreover, suppose you are working in an organization. In that case, you become a valuable asset for the organization you are working for as you spend time learning and upgrading your skills, which is the need of the hour. Every organization stresses on its employees to learn new skills.
Final Words
Do not get disheartened by people saying that PMP certification is expensive, laborious, and time-consuming. PMP certification is an important element in your resume that will make you stay ahead of the competition.
Hence, the answer to whether going for PMP certification is worth it is a big fat ‘Yes.’