You may differentiate yourself from the competition in project management by earning the Project Management Professional (PMP) credential. If you’re wondering how to get the PMP certification, you must first finish an exam, training programs, and work experience. But is the PMP certification valuable? As a result, this article will explore the requirements for certification, potential costs, how to get the PMP certification and ways it might help you further your project management career.
What is PMP Certification?
Professional certificates certify your professional abilities while also educating you on crucial ideas and cutting-edge techniques that might improve your day-to-day business operations. The project management industry recognizes the PMP credential the most. Additionally, it is offered for sale through the Project Management Institute (PMI), which publishes the Project Management Book of Knowledge (PMBOK). The PMBOK is regarded as the pinnacle of project management expertise, to sum up.
The PMP certification proves that the applicant has a solid grasp of the PMBOK concepts. With this title, you may differentiate yourself from the competition and gain recognition in your industry. Additionally, you’ll study leadership, business management, waterfall project management, and Agile.
PMP Certification Benefits
You will be qualified for a wide range of chances in the field if you are a certified project management specialist. The following are a number of factors that support the value of PMP certification.
Strengthens Your CV;
Your resume will gain credibility and you may be able to get work in project management with the PMP certification. If you are a project manager already, it will enhance your image. Additionally, a lot of companies, especially private ones, desire PMP in their portfolio. They have begun mandating that its project managers obtain a global project management certification. As a result, if you have the certification, finding work as a project manager is simple.
Offers International Recognition:
The PMP credential is acknowledged throughout the world. Unfortunately, a lot of certification programs only cover one domain. On the other hand, PMP is a universal standard that can be applied wherever. You can therefore obtain it by including the qualification on your Curriculum Vitae, regardless of your expertise in business or industry.
The success rate of projects increases with the number of certified project managers within an organization, according to data. With more than 2.9 million members worldwide, the Project Management Institute (PMI), the governing body behind the PMP certification, suggests that many decision-makers or influencers are aware of the credential. Companies are aware that trained managers are more adept at finishing tasks on schedule and on budget.
Aids in Learning Important Skills:
On the job market, there are many project managers. How do you distinguish yourself from the crowd under such circumstances? What better way to achieve that than by earning your PMP certification? First off, it improves the appeal of your resume to employers. More importantly, PMP certification imparts valuable abilities that will advance your career.
The standards for PMP certification are rigorous. Without substantial study, passing this exam is not simple. The actual application of the topic must also be mastered. Developing a number of hard and soft skills will be necessary to acquire a PMP certification. It improves comprehension of basic project management methodologies, tools, and processes. Additionally, it exposes you to cutting-edge project management trends and best practices. You can pick up new skills and techniques through project management activities.
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The greater pay that project managers can receive with PMP certification is one of the main advantages. PMP has become one of the qualifications with the best salaries as a result. Additionally, the demand suggests that the tendency will continue to expand in the next years.
In the industry, certified project managers make significantly more money on average. Additionally, a PMI survey conducted a few years ago revealed that a certified project manager has an average median pay of roughly $1.08,000. At the same level of experience, PMP certificate holders make over 22% more money than their non-certified counterparts.
Promotes the Growth of Leadership Skills:
The PMP certification equips you with the tools necessary to evaluate your own skills as well as those of others. It will develop your leadership skills and assist you in rising to the top of your industry. Your team can lead in a variety of ways while working on any project, and your PMP certification will enable you to do so in the most effective manner.
You can connect with other project managers across the world if you are a project management professional. Many PMPs are invited to gatherings that PMI frequently hosts in large cities to discuss the most recent advancements in project management. You will be able to communicate with and develop relationships with other experts thanks to it. Additionally, you can discover new professional prospects, advancements, and a variety of other things that can assist you in changing the course of your career.
How to get the PMP Certification
The steps to becoming PMP certified are rather simple. Therefore, everyone who wants to become certified as a PMP must follow these easy steps:
Meet the Conditions for Eligibility:
Verify that you meet the eligibility requirements for experience. The following requirements must be met before enrolling in the training:
You must satisfy specific educational and professional requirements in order to be eligible to take the PMP certification exam.
- 35 hours of project management training or CAPM certification in addition to a four-year degree
- 36 months of project management experience
- A diploma from high school or an associate’s degree (or global equivalent)
- A CAPM certification or 35 extra hours of project management training
- 60 months of project management experience
Take the Course:
Attending the program is a critical next step in obtaining PMP certification. The PMP certification also provides lifetime access to the LMS and Mock Tests, both of which enhance the learning process. Your PMP Exam Prep program will provide you a thorough understanding of:
- Project Launching
- Project Preparation
- Creating project timelines, budgets, and cost projections
- Project personnel and communication planning
- Project Risks Consideration
- Manage Project Procurement Planning
- Keeping an eye on and managing project tasks, plus more
Applying for the Test:
It’s time to take the exam after attending the PMP certification training session. You must do the following actions to apply for the exam:
- Register at PMI.org and create a professional profile.
- Complete a formal 35-contact-hour PMP certification training program.
- Sign up for PMI membership to benefit from exclusive savings when booking examinations. Additionally, membership in PMI grants you access to online publications and resources where you may obtain the most latest versions of study guides including the PMBOK, framework & practice, and foundation standards. Although joining PMI is voluntary, I advise everyone to do so.
- Finish and submit the online application within 90 days. Notifying applicants of application acceptance takes PMI 5–6 days.
- You can pay the fees to move on to the next level if your application is accepted. The PMP Certification fee is USD 555 for non-members and USD 405 for PMI members.
- Depending on your level of preparation, you can schedule the exam at the closest testing facility.
Attempt the Test:
The time has come to put all your hard work to the test. But first, you need to take the test at a Pearson VUE approved location. Following are the steps:
- All process groups, such as initiating, planning, executing, closing, monitoring, and controlling, will be considered in your evaluation.
- 200 multiple-choice questions must be completed in the allotted four hours.
- If you don’t succeed the first time, don’t be concerned. You have up to three opportunities each year to take the PMP exam and receive your certification. For $275 for members and $375 for non-members, you can retake the test.
- If you pass, you’ll get your exam results and your PMP certification.
Take the Certification Exam:
You become a qualified Project Management Professional after passing the PMP test. Therefore, with this certification, you can seek for positions internationally and establish yourself as a respected project manager.
Maintenance and Renewal of PMP Certification
In this instance, becoming certified is a huge step, but according to the Continuing Certification Requirements Program, keeping your certification should be simple. You can improve and develop the talents companies want with the aid of this program. For the duration of each three-year period, you must obtain 60 PDUs. These must be disclosed to PMI via the website and a renewal fee of $60 for members and $150 for non-members is also required.
Frequently Asked Questions
Can I pass my PMP Exam on the first try?
Despite the number of books studied and courses taken, passing the Project Management Professional (PMP®) test on the first try is not simple. To have a high chance of passing the [PMP®] exam, you would need to have a solid understanding of the Project Management Book of Knowledge [PMBOK®] manual.
Who Qualifies for the PMP Certification Exam?
When a four-year bachelor's degree is held by the applicant: 4 year degree. 36 months of project management experience OR 4,500 hours of project management. education in project management for 35 hours.
Is the PMP Exam challenging?
The PMP test is renowned for its difficulty, however PMI withholds detailed data regarding the passing score or failure rate. Only around half of first-time test takers pass the PMP exam, according to certain surveys of project experts, who estimate the failure rate to be between 40 and 50 percent.
What does a PMP certification entail?
Project managers with the Project Management Professional (PMP) credential belong to an exclusive group. It demonstrates project leadership expertise and experience in any working method. A project manager must fulfill specific requirements and then pass a 180-question exam in order to become certified as a PMP.
In conclusion, there is still a considerable demand for the PMP certification. The Project Management Professional (PMP) credential from the Project Management Institute (PMI) is the highest honor for project managers. You don’t need to question the value of or the value to your professional development of your PMP certification.
The PMP certification training course will also result in a wage boost for individuals who are willing to put in the time and effort. In conclusion, obtaining the PMP credential will pay you handsomely.
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