Top 10 Advantages of PMP Certification
More than three-fourths of high-performing projects are handled by certified PMP Project Managers as per a recent PwC Survey. Further, organizations with more than 1/3rd Certified Managers have a much better success record of projects as compared to organizations without such managers. Based on the 2016 record, PMP holds the pride of being the highest-paying certification. Before understanding the Project Management Professional certification benefits, it is better to understand what does PMP Stands for:
What Does PMP Mean?
PMP stands for Project Management Professional. It is nothing but a designation that the Project Management Institute provides. When you get a PMP certification, you can stand out from the crowd of candidates applying for a Project Manager position with any organization. In many top organizations across the world, many projects are handled only by PMP-Certified professionals. But, cracking the examination for this certification is not easy. You will have to work hard to get through this complicated test that needs a lot of preparation from your end. However, it can add great value to your profile undoubtedly. If you still feel whether getting this certification is important, it is better to be aware of the PMP certification advantages:
Advantages of PMP Certification:
1. Improves Your Career Opportunities:
You should be aware of the fact that the demand for certified PMP professionals is always on the rise. According to a recent PMI-Commissioned analysis that the Anderson Economic Group conducted, it is estimated that by 2027, there will be nearly 22 million jobs open for PMP-Certified Project Managers. The study further states that by 2027, employers will require nearly 88 million individuals in roles related to Project Management. When there is a high demand for candidates with this certification, you will get better opportunities to advance in your career. When there is career improvement, there will naturally be an increase in your income.
2. Improves your Skills:
As mentioned earlier, it is not easy to get through the test for PMP Certification. You will have to undergo rigorous training delivered by accredited PMI providers where the training in five Project Management processes that include controlling & monitoring, implementing, initiating, planning and closing. In short, this course will teach you all the concepts of Project Management. As you will gain the best skills, you can implement them in your projects to bring success to your employer.
3. Expands your Professional Network:
PMP course benefits include being part of an international network. The Project Management Institute has more than 600,000 members from across the world and a minimum of 300 local chapters. This provides all members with an invaluable career resource of peers from across the world. It will be very exciting to be part of a diverse professional network that thrives and shares work passions, ethics and professional standards. Further, the local chapters add another dimension to the professional network by providing training to members, area events and other advantages.
4. Provides the Confidence to Serve as a Project Manager:
When you get the PMP Certification, you can feel confident in your role as a Project Manager. As you have particular skills and knowledge required for functioning in your career based on industry-wide standards, you can confidently deliver your responsibilities.
5. Ability to Evaluate Team Members:
One of the crucial PMP certification benefits is that you will gain the knowledge to evaluate your team members better. You will gain very good skills from the course to identify whether or not your potential team members will work with every other team member.
6. Improves your Credibility:
When you apply for a job, your resume, as you know, will play a crucial role in communicating your ability with prospective employers. So, your resume will play a crucial role in setting your candidature apart from the rest of the applicants. When a prospective employer gets to see your resume with PMP Certification, they can understand the seriousness you have towards your career. With this certification, your credibility will improve in the minds of prospective employers.
7. Contributes to Higher Income:
The biggest draw of PMP Certification is the higher pay it can bring to you when you get a job as a Project Manager. Across the industry, the average pay of certified Project Managers is significantly higher.
According to a survey conducted by PMI, the average median salary for a Project Manager with PMP certification is around $130,092. On the other hand, the median income for a non-certified project manager is only around $70,000.
Another study shows that certified Project Managers make nearly 20% more than non-certified managers. This trend is shown across the world including middle-east nations like the United Arab Emirates and Saudi Arabia.
What’s more? PMP has constantly been the most-paid Information Technology certification. Further, the inclination denotes that the salary of PMP-Certified professionals will achieve on-going growth in the future.
8. Gives you Better Job Security:
One of the key PMP benefits is that you can get job security. Nowadays, most organizations value the core competencies of professionals with PMP certification. In other words, this certification will help you fight a potential lay-off better as compared to staying non-certified.
9. Global Acceptance:
When you have the PMP certification, you will be in a position to speak the global language of Project Management. Yes, this certification is valued by organizations from across the world. In other words, when you take this course, you will be relieved of the trouble of learning new practices when you will have to work in different countries of the world for one reason or another. In simple words, the skill you gain from this course will remain appropriate across the world. Irrespective of the part of the world you go to and apply for a job for a Project Manager position, you will remain a valuable applicant with this certification.
10. The Certification will Show Your Dedication:
It is not easy to get PMP Certification. As mentioned earlier, cracking the test needs a lot of dedication and practice from your end. The dedication required to obtain the PMP Certification is something that is recognized by employers from across the world. Along with this, PMP Certification means that you are dedicated to improving your credentials, skills and knowledge. With this qualification, you will get the deserving respect from clients, your team members, peers and employers as well. Your dedication will be recognized a lot.
Conclusion
The PMP Certification is one of the valuable assets to your professional life. It will help you showcase your dedication, skills and knowledge of Project Management. It will make you stand out from the crowd of applicants applying for a single Project Manager position in one of the top organizations. Taking up the PMP Certification training will undoubtedly turn out to be a worthy investment for your professional growth.
References
- https://www.naukri.com/learning/articles/benefits-of-pmp-certification/
- https://www.globalknowledge.com/us-en/resources/resource-library/articles/6-benefits-of-pmp-certification/#gref
- https://projectmanagementacademy.net/resources/blog/pmp-certification-benefits/
- https://businessdegrees.uab.edu/blog/what-is-pmp-certification-and-what-are-the-benefits-of-earning-it/
