Project Management Professional (or PMP) is one of the many certification programs in project management that is offered by the globally-recognized Project Management Institute (PMI). Compared to PMI’s other certification programs including CAPM and PgMP, there are more PMP professionals certified and recognized by PMI.
PMP certification provides project managers around the globe with the necessary skill and credentials to manage complex projects in multiple industry domains. This article evaluates the career benefits if you are planning to pursue the PMP certification.
PMP is Globally Recognized
As of May 2017, there are more than 760,000 PMP-certified individuals working in diverse industries around the globe. Thanks to its global recognition, PMP certification provides you with the freedom to work anywhere around the globe, and in a variety of industry domains.
PMP certification enhances your professional marketability across the globe and elevates your credentials and industry experience in the field of project management.
Getting PMP-certified can boost your credentials and remuneration as a project manager in your current organization. According to industry estimates, PMP-certified individuals draw a 17% higher salary than their counterparts, who do not have the PMP certification.
The median salary for a PMP-certified project manager in India is 17 lakhs per annum, compared to 12 lakhs for a non-certified project manager.
Better Career Growth Opportunities
PMP certification provides better career growth avenues and opportunities globally. According to a PwC survey, 80% of the most advanced and critical projects around the globe are managed by PMP-certified project managers. Additionally, organizations with more than 35% of its project managers PMP-certified demonstrated better project-related efficiency and performance.
As a result of this, organizations from varied industry domains prefer to employ PMP-certified project managers, as compared to non-certified project managers. PMP-certified professionals are in demand across industries such as information technology, telecom, finance, and commerce.
Enhancement of Project Management Skills
The PMP certification course is a rigorous training program that provides practical knowledge in all the 5 processes in project management, namely planning, initiating, executing, monitoring, and controlling. Additionally, students are trained in the 9 knowledge areas of project management including project scope, human resource, integration, and quality.
The quality of the PMP courses, along with that of the PMP certifying examination, enhances the competency level of the PMP individual in project management practices and processes in the real world.
Good Return on Investment
For professionals who are already pursuing a career in project management, getting the PMP certification is a good career investment with long-term benefits in remuneration and industry exposure. Completing a PMP certification course from a premium institute is not very expensive, and can improve your chances of passing the PMP examination from PMI on the first attempt for anyone looking for good online web design courses.
Along with the certification, PMP professionals get free access to useful resources and can interact with online communities of experienced PMPs around the globe. With Acadgild, you can also get courses on other programs like hadoop training.