Several professionals will not ask this question because they already know its benefits. However, individuals looking to take the professional exam always want to know more before investing their time and money. Therefore, the question of whether PMP certification is worth it pops out in their minds. If I want to be honest with you, the answer is yes.
According to various estimates, businesses will need to employ around 2.2 million management and project management people every year through 2027. Today’s marketplaces, without question, are getting more global and competitive. Project-based business techniques are growing increasingly popular. Each project’s outcomes and benefits must be guaranteed and tied to the company’s goal. A growing number of companies require their Project Managers to be certified since their clients want them to be managed by competent and specialized personnel. This is the primary motivation for seeking the PMP certification.
The PMP certification is granted by the PMI (Project Management Institute) of Pennsylvania (USA) and has a presence in 125 countries worldwide. And it is considered the second-best certification in the world. And it is regarded as the second-best certification in the world in project management.
According to PMI’s most recent project management survey, the median salary for PMP holders in the US is 25% higher than those without PMP certification. An official master’s degree in project management adds excellent value to your professional and academic career and sufficient knowledge to pass the PMP/CAPM certification exam.
The accessed jobs include project department directors, project directors, operations directors, risk directors, project technicians, project coordinators, company managers, sponsors, executives, and consultants.
What is the PMP certification?
PMI’s Project Management Professional (PMP) certification is the most industry-recognized certification for Project Managers. It is the most in-demand globally and demonstrates to employers, clients, and colleagues that you have the experience, training, and competence to lead projects and complete them successfully. It is a private, professional certification accredited by the PMI company through an exam that you will decide to do in person or online from home.
Why PMP?
Today, there are approximately 300,000 certified people worldwide. Certifying yourself in accordance with PMI’s standard means that you as a project manager receive a receipt for your high competence. With a PMP certification, you show that your customers can trust you and your expertise and that you can meet the great challenge involved in working as a project manager. PMI certifications are well known and highly regarded worldwide, which means that your customers immediately get a positive image of you, no matter where in the world they come from.
Investing in becoming PMP-certified can be the path to new tasks or career paths as the need for project managers is constantly increasing. But even the demands on project managers are also rising in the USA. It is often a condition in procurements that a project must have certified project managers. We are probably heading towards the same development in Sweden. In the struggle to complete a project, it can be crucial to offer a certified project manager a connection to a network of competence in project management.
Why is PMP certification vital to me?
If a PMP certification is technically and financially helpful, it will depend on your circumstances. You may notice some benefits when carrying a PMP to help you decide.
- Industry recognition: Employers and clients may be able to see that you understand the complexities of project management and have the requisite experience and training to be a professional if you hold the PMP certification.
- Learn new skills: As you study for the exam, you will learn much about project management. Investing time in learning the fundamentals of project management, such as dispute resolution and budgeting, will help you become a better project manager.
- Higher Salaries: According to PMI, US respondents indicated an average income of 123,000 USD if certified in a recent poll.
- The longer you were PMP-certified, the higher your average income. According to Global Knowledge, the PMP certification ranks eighth among IT qualifications linked with the best payments in the IT business.
- Job Opportunities: According to a survey conducted by PMI and Anderson Economic Group, companies would require 87.7 million employees to work in project management jobs by 2027.
The most significant growth is expected in the healthcare sector, although large gains are also forecast in the construction sector, information services, and the finance and insurance sectors.
Conclusions
PMP certification is worth the stress and time invested in acquiring the certification. Furthermore, organizations with working software over comprehensive documentation respond to change by following a plan to succeed in the exam. If you need a detailed video tutor on everything about passing the PMP exams, follow this link.
Also Read: PMP Pass Rate Why Post People Fail In PMP Exam.
