Due to the strong demand for project managers, businesses are prepared to pay top prices for talented candidates. Having the Project Management Professional (PMP) certification can set you apart from other job hopefuls in the competitive business environment of today. According to PMI data, a qualified PMP is eligible for a 20% salary raise. The PMP certification, which is widely recognized, proves that you have the abilities and expertise necessary to successfully manage projects.
The certification procedure is demanding and involves serious study and work. An intriguing professional path may be made possible with a PMP certification, thus the investment is definitely worthwhile. Professionals and employers can both benefit from PMP certification. The main advantages of PMP certification will be covered in this blog article, including how it may help you stand out to employers.
What does PMP Certification entail?
The Project Management Institute (PMI) offers the Project Management Professional (PMP) certification, a well-respected credential. Candidates must pass an exam that gauges their knowledge and comprehension of project management ideas and principles in order to become certified as PMPs. Candidates must also pass the exam and have a minimum of four years of project management experience. PMPs must get continuing education credits to keep their certification current.
Professionals that hold a PMP certification may be paid more and have a competitive advantage in the employment market. Additionally, PMPs frequently have an easier time landing new positions or promotions. When submitting bids for projects, may assist individuals in standing out from the crowd. The accreditation also shows a person's dedication to excellence and professional growth.
Here are six indisputable benefits of taking the PMP® certification test out of the many available.
1. YOUR CAREER OPPORTUNITIES WILL GROW
There is an increasing need for qualified PMPs. Project managers' professional development was the subject of a recent Anderson Economic Group study that was commissioned by PMI. Through 2027, the research predicted an increase of 33% or about 22 million employees.
Employers will require roughly 88 million people to fill project management-related tasks by 2027.
More options to enhance your career and increase your income result from high demand.
2. People will recognize you as a seasoned professional
An internationally recognized mark of professionalism in the industry is PMP certification. Given the nature of this certification, the abilities necessary may be applied to any industry or project. Your marketability will increase if you get a PMP certification. Projects at organizations with PMPs are also more likely to be finished as needed, on schedule, and within budget.
3. You'll use the appropriate language.
To run a project successfully, communication is essential. The PMP certification indicates that you are able to communicate effectively and that you speak a common language. In your career, it's probable that you'll work on a wide range of projects. You'll probably have to collaborate with a different team each time, too. Speaking in a language that is understood by others in the corporate world will keep everyone on the same page.
You will comprehend the key components of project management, such as the procurement audit and performance review stages. These are crucial components of project management, not just phrases from the trade.
4. You'll pick up new skills.
The ability to gain new skills that will advance your knowledge and job options is made possible by obtaining a PMP certification. What can you learn from the certification process?
One is perseverance.
The PMP test is difficult to pass. Numerous hours must be spent on preparation and study. You must become an expert in the subject and understand the foundations of each project management approach.
Important hard and soft skills including communication, leadership, organization, teamwork, resource management, problem-solving, conflict resolution, and time management are some things you'll study.
Finally, you will discover the top techniques and most recent developments in project management.
5. YOU WILL (PROBABLY) GET PAID MORE
The typical North American IT professional makes $109,985 a year, according to the Global Knowledge IT Skills and Salary Report. A PMP certification increases salary to $129,457, or approximately 18% more than the average.
6. YOU WILL SHOW YOUR DELICATENESS
Others are aware of the commitment needed to obtain a PMP certification. In order to be eligible for the exam, you must first satisfy rigorous requirements. An associate's degree needs at least 60 months of experience, whereas a bachelor's degree requires at least 36 months.
Additionally, certification demonstrates your commitment to developing your credentials, expertise, and abilities. Respect from coworkers, superiors, teammates, and clients results from this.