Experience and corporate certifications are essential in modern project management. Organizations can save time and money by following a proven framework. But understanding the theory behind a framework doesn’t mean you can apply it in real life. Before a project manager can be promoted to a higher-level position, they will need to have a track history of success. Green managers often view certifications as a way to fast-track to six-figure salaries. However, they don’t realize that a lack solid experience will still keep them from higher-level positions.
PMI, the Project Management Institute, offers the Project Management Professional (PMP), a certification. PMP covers both best practices and experience, which is a departure from other project management standards. Without significant experience, a candidate cannot pass the PMP exam. Candidates must have worked in project management for at least three to five years, and spent between 4,500 and 7,500 hours leading and directing projects. Candidates must also have completed at least 35 hours of formal project management education. This is usually done via an online Project Management Certification (PMP Certification).
Let’s go back to the original question now that we have a better understanding of PMP. Do you need a PMP (Project Management Professionals) certification? The PMP certification comes with both benefits and costs. Many hiring professionals and certified professionals agree that the benefits outweigh any costs.
Let’s first look at the problems that PMP certification can cause.
1. What added value will it bring to our resumes?
There are many professional certifications you can pursue in your career. PMP (Project Management Professional), certification is the most important. Interviewers who are looking for project managers understand this. Interviewers tend to prioritise candidates with PMP certification over those without.
Project management certifications are in high demand. These jobs are often filled by multiple applicants. The company must interview all applicants and evaluate their potential. This takes time and resources. They like to eliminate as many applicants as possible before they begin the project management interview process. This is where PMP certification is a great tool. It is objective and can help you shortlist the candidates.
Many companies have made it mandatory that you have a PMP certificate. This means that you can’t even apply for certain positions without a PMP certification.
It demonstrates your passion to keep up-to-date with the latest knowledge, skills, and credentials. It helps you stand out in a competitive job market. You can also host a party with friends to be a star in your group.
2. What skills can we learn?
There are many project managers on the job market. How can you stand out in such a competitive environment? How better to do this than becoming PMP certified? This certification makes your resume more appealing to employers. You will be able to excel in your career with PMBOK certification.
The PMP certification is highly regarded. This makes it difficult to pass the exam without extensive preparation. It is also important to be able to apply the material in a practical way. Learning soft and hard skills is necessary to earn the PMP credential. It provides a solid foundation in project management tools and techniques. It also exposes you to the latest trends and best practices in project management. You will also learn new techniques and tricks in project management.
Do you want to continue growing in your career? It is impossible to do it without improving your current skills. You may learn from experience how to manage projects better. A certification, however, can accomplish the same thing in a shorter time.
3. Is there a possibility of a salary increase?
The greatest benefit of PMP (Project Management Professionals) certification is the higher salaries it can bring to project managers. The average salary for project managers who are certified is significantly higher than the rest of the industry. According to a PMI survey, the median salary of a certified project manager is $ 1,08,000. The median income for a noncertified project manager is $91,000.
Another survey found that project managers who are certified earn nearly 20% more than those who are not. This trend is evident in all parts of the world, including Middle East countries like Saudi Arabia and UAE. Women who are PMP certified earn more than men in other fields.