What is PMP
What is the PMP – Complete Overview
So you’re wondering about what is PMP and what exactly is the PMP certification? Let me clarify these terms for you:
PMP®stands for Project Management Professional, it is the world’s leading project management certification. The PMP is issued by the PMI (Project Management Institute), which is considered as the best project management organization in the industry. It is recognized globally across multiple industries as a gold standard credential. Basically, it proves you have the skills and experience to manage large scale projects. Therefore, it helps companies recognize and respect that you are capable of to managing projects successfully.
In order to become certified, you must pass a challenging exam. Once you pass the exam, you will be rewarded with the certification.
PMP Certification Benefits
Here are some of the advantages you can look forward to:
- Earn more money and get a higher salary
- Recieve international recognition
- Get better job opportunities at top companies
- Increase your chances of getting a promotion
Forbes ranks the PMP as one of the highest paying IT certifications in the world. According to the PMI, you can earn a 23% higher salary (Median salary increase). Furthermore, the average PMP salary is around $116000 in the USA.
Likewise, the CIO magazine ranks it as the Top Project Management Certification in the world.
Why do employer’s want Project Managers?
Ever since the IT revolution, companies need qualified people to help manage their projects. Large organizations rely on implementing project management to help them save costs, and increase profitability and efficiency. Lately, the demand for quality project manager’s has been increasing fast. For example, Employers will need 87.7 Million people working in Project Management Roles! You can read the full pdf report here: PMI’s Job growth and Talent report
Also, the report states that employers will need to fill 2.2 million new project-oriented roles EACH YEAR uptil the year 2027.
Employer’s view the PMP as a trustworthy credential that signifies a person’s capabilities. Being certified shows that you possess the knowledge, skills and experience to successfully lead high level projects.
To become eligible for the exam, candidates go through a rigorous screening process. This includes being audited on your past project management experience. After being audited, you must pass a challenging exam which tests your response to real time project based scenarios.
If you’d like to know more, these articles will help you learn more: