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PMP- Project Management Professional certification is considered to be quite crucial for project managers. As a cost savvy project manager, equally important is the PMP Salary hike, which would be expected or my ROI- Return on Investment. You could understand the PMP salary increase, the cost involved, benefits both tangible and intangible from PMP Certification.
You are a project manager in your organization, and you would have seen some of your friends who are certified with PMP, but you would also be willing to know the salary hike. But you would also be hearing from them the hardship they went through to be part of that would be an elite group of PMPs. Naturally, as a project manager, you are required to follow your financial appraisal techniques before you would be selecting a project. After all, PMP certification is considered to be a project!
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PMI Salary Survey
If you compare the salary of PMP Certified vs. non-PMP Certified, the difference is considered to be about 20%- a sizable amount. In the United States, if you would be looking at a median PMP salary, i.e., a PMP certified project manager's salary- it would be about $111,000 against $91,000, which would be for a non-certified project manager.
This data is collected from the self-declared information of 26,000 project managers from across 34 countries. Below mentioned are the details of PMP Certified professionals' median salary as per their industry and their country.
Country
Industry
Median PMP Salary
Australia
Agriculture/Mining
$166,000
Australia
Financial Services and Consulting industry
$ 150,000
United States
Pharmaceuticals
$125,000
United States
Agriculture/Mining, Consulting
$120,000
Canada
Agriculture/Mining
$115,000
Canada
Utilities
$110,000
These would be the figures from the ninth edition of Earning Power - salary survey from PMI. As you could see, whichever country or industry you would belong to, the earning power or PMP salary is considered to be higher than what you would be gaining without a PMP certification. If your next question is what you would be required for investing to gain this extra benefit, here would be your answer.
Training For a Higher Salary:
Project Management education is considered to be the prerequisite for PMP certification. You would be having options to choose from, such as live classroom, PMP Boot Camp Online, and PMP online certification. Live classroom sessions could be for three, four, or five consecutive days or spread over two weekends. Classroom sessions or boot camps focus on completing the tips & tricks, concepts within that duration, and it is considered to be generally very rigorous.
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The PMP, also known as project management professional certification, is considered unbiased proof of a person's project management expertise and talents. It would be accepted worldwide and gives better career opportunities, credibility, and increased income for those who have acquired it. As a PMP, an individual could work in virtually any industry or location. While you would require completing a few steps to obtain it, it could be a rather powerful tool.
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Here is some point that will make it clear that How Does PMP certification could improve career.
1. Adds credibility to your skills.
As PMP certified, you are a professional in this field of work. When searching for a job, this would be able to serve you as definite proof of your skills and abilities. Not only would be your resume look more credible, but you would also come off as a trustworthy expert for your future employees and potential employers.
2. Increase your chances of getting hired.
As per the PMI's report, by 2027, employers would require 87.7 million individuals working in roles that project management-oriented. However, there would be a shortage of qualified talent. The best way for you to increase your chances of finding employment would be by obtaining your PMP certificate. It would help the candidates to stand out from the competition and get hired a lot faster.
3. Help you achieve growth in your career.
The PMP certification course could help the candidates not only to learn a lot about new skills regarding your profession but would also be able to expand the way you would be learning and achieving growth. These make the perfect foundation for you to keep growing and work your way to the top.
See How much more do you make if you pass the PMP exam?
4. It allows you to walk with the industry trends.
PMI (Project Management Institute) is always up to date with the changes in the fast-changing industry. The course's content would be continuously upgraded and updated based on the current industry situation, meaning you would be learning about the newest project management trends.
5. It helps you to rise to the occasion.
The skills you would be learning through the course are many and could help you perform better at your new job and justify the trust of the employer. No matter what kind of project management job you would be applying for, you would show your new boss that you would be able to adapt to any challenges you are presented with, thanks to the knowledge you would have acquired.
6. Increases your marketability.
PMP certification is accredited globally, and the entire global business community would recognize it. One of its most significant advantages would be that it could help you increase your marketability and legitimize your experience as a project manager. As a result, you would seek employment wherever there would be the availability of project management jobs.
7. It allows you to earn a higher salary.
Project managers with PMP certification would be tending to earn more than non-certified ones. As per the PMI's Salary Survey, PMP credential holders would be receiving 23-percent more than those without it. The experience and skills you would earn through this course truly make you a competitive candidate in the job market.
How to get PMP certification?
Now that you have acquired the knowledge regarding how PMP would improve your career, you might wish to receive it in a single attempt, and for that, we would recommend you obtain our SPOTO PMP Dumps. SPOTO offers 100% latest and real PMP exam questions and answers to all candidates. In SPOTO PMP Dumps, you would also find simulated exam experiences to prepare for the actual exam easily.
Latest passing report for PMP exam from SPOTO
Read more:
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In the past, people that dream of becoming a manager go for an MBA or Master in Business Administration. Today, people take the PMP certification exam to land in almost the same position. However, there are several advantages to taking and passing the PMP certification test than having an MBA.
First, a PMP certificate takes less time to get compared to an MBA diploma, which could take two years to acquire. Having the prerequisites for taking the PMP test can make it possible for you to take and pass the exam in three months at most. Registering for the SPOTO online training course and getting the PMP dumps to study and practice the real and valid questions and answers could shorten the time you need to acquire a PMP certificate in just a few weeks.
Second, you spend less on a PMP certification compared to an MBA diploma. To pass the PMP certification exam, you will only need a little more than a thousand dollars for the exam's learning materials. If you decide to pursue an MBA, you will spend tens of dollars in two years for tuition and other fees and books and other requirements to finish the course.
Third, you can register for an online training course that may take a few weeks to a few months without going to school and still become a certified PMP. However, going after an MBA degree would mean going back to school for two years or studying online for although there are online courses that you can take, it might take you longer to finish your course.
Fourth, nowadays, companies prefer project managers with industry experts such as certified project managers. For example, IT companies would like to hire a manager with an IT background rather than someone with an MBA degree. A certified PMP knows how to manage people and the technology that the company uses, while managers with an MBA may have the expertise in handling a project, but they lack the technical knowledge to make the project succeed.
Last, someone with a PMP certification has better chances of career development. Since these managers usually get jobs in big companies, they can fill higher positions than their MBA counterparts. Because the Project Management Institute gives a PMP certification in the USA, those with the badge can easily find jobs anywhere in the world. This could mean that even if one moves to other countries, there will always have a job waiting for him.
You can now take an online PMP certification training from SPOTO, finish it in the shortest time possible, take the PMP test, and pass on your first try. SPOTO has been the leading training agency for certification tests since 2003. We have produced hundreds of thousands of certification exam passers in the past years. SPOTO offers 100% actual, valid, and the latest review materials and practice tests to ensure that you get the passing score.
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