In today's competitive marketplace, it is prudent to be certified in project management. The PMP Certification proves that you have successfully passed a rigorous examination and demonstrates your knowledge of the field. A PMP certification prepares you for a demanding career in project management by giving you the skills necessary to be able to manage projects, as well as provide leadership skills.
The benefits of a PMP certification are not just limited to career benefits but also personal gains such as increased confidence and self-esteem. Once obtained with this prestigious credential, it can help candidates earn more while also increasing their chances of being promoted into leadership roles or higher positions within organizations.
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PMP certification is a vital addition to your resume and benefits both you and the company that employs you. You will come across some of the benefits of the PMP certification in this blog
What is PMP Certification?
PMP (Project Management Professional) Certification is a well-recognized and prestigious credential in project management. PMI stands for Project Management Institute, a global not-for-profit organization that administers leadership training and certification of professionals seeking to further their knowledge of project management practices worldwide.
It basically helps your career growth while it also supports international standards in terms of skills development, education, assessment and professional practice.
As businesses recruit people from diverse cultural backgrounds, the need for project managers with a standardized set of skills increases. These project managers are expected to undertake projects on system restructurings and turn strategic visions into tangible goals while ensuring effective outcomes agreed upon by all parties involved in the process; balancing various constraints such as time, resources, and budget is critical.
The Project Management Body Of Knowledge (PMBOK) sets the industry standard to guide the PMP exam with five performance domains. It would be best if you are well versed in the topics like initiating the project, planning the project, executing the project, monitoring and controlling the project, and closing the project. It is also important to note that PMBOK is not the only reference for the PMP exam. There are many other references listed by PMI in their website for the PMP exam prep
The PMP certification exam has a set of prerequisites one should meet to be certified. The candidate must have either:
- A four-year degree
- 36 months leading projects
- 35 hours of project management education/training or CAPM® Certification
— OR —
- A high school diploma or an associate’s degree (or global equivalent)
- 60 months leading projects
- 35 hours of project management education/training or CAPM® Certification
With the difficulty, expense, and cost of time comes the grandeur benefits of the PMP Certification. The complexity lies in the PMP exam, where you will come across 180 multiple-choice questions (there are different question styles) which you have to complete in 230 minutes. Only with a systematic approach, you can bear the fruits of a PMP
As a qualified PMP candidate, you can earn the industry-recognized project management certification with PMP Training. There are numerous benefits to the PMP certification regardless of its difficulty. Let's look at what makes PMP certification an essential section of your career.
Benefits of PMP Certification
Once you have understood What Project Management is and Why it is Important, you will realize that the PMP certification benefits you in many ways. PMPs are highly sought after by employers because they have earned the skills to manage projects from start to finish while meeting deadlines and budgets. Listed below are some of the key benefits of PMP certification for your career;
- Adds value and credibility to your resume
- Provides industry recognition
- Helps you learn and enhance your skills
- Allows you to earn a higher salary potential
- Provides networking opportunities and establish influential relationships
- Validates and provides a chance to demonstrate your dedication
- It helps you rise to the occasion
Adds value and credibility to your resume
A PMP certification on your resume benefits you more than any other type of project management certification because it demonstrates that a person has the skills and expertise to manage projects from start to finish.
Employers are selective about who they hire, so having this credential can give you an advantage over others in the field. It shows employers that you have access to these skills and possess them with excellence.
The PMP certification is one of the most objective ways in which companies can shortlist potential candidates. For that reason, it's crucial for any aspiring project manager to get this certificate before applying for a demanding project management job, as they're likely competing with many other professionals who might perhaps have the PMP credential in their arsenal.
A PMP certification is something to be proud of and proclaim. In a world where it seems everyone has some degree, having the experience that comes with holding this credential will make you stand out from the crowd in your field.
Provides industry recognition
PMP certification is a true symbol of excellence in the project management industry. It is a type of certification that can translate across all industries and projects, meaning, you are a valuable asset to many companies that need someone with your skillset on their team.
PMP Certification means being recognized as elite. The skills required for the projects can translate across all industries and markets, increasing your worth to many companies.
PMPs also have an increased likelihood for successful projects completed within budget, timeline requirements. Therefore, if your company needs help getting a project off the ground or completed, then hiring a professional with PMP certification will be of great significance
Helps you learn and enhance your skills
The PMP certification is a difficult exam to clear and it requires you to have extensive preparation. Not only do you need the knowledge of project management tools and techniques, but also hard and soft skills like leadership, organization, team management, problem-solving, and time management.
The credential builds your foundation in fundamental project management processes and exposes you to different best practices across industries with current trends in this ever-evolving field.
PMP certification can be a lifetime achievement, meaning that it benefits you not only now but in the future, as well. It also helps teach and refine your skills to keep them sharp.
PMPs have an increased likelihood of being hired over other professionals because their potential employers know what type of skill set these individuals can provide. It will help increase your worth during salary negotiations with new organizations and companies across industries.
Allows you to earn a higher salary potential
Another significant advantage of being an internationally recognized Project Management Professional is the improved earnings potential it provides compared to non-certified alternatives. It was shown by a recent study that revealed how PMP's earned nearly 20% more than those who weren't credentialed holders.
The PMP certification is worth a lot more than just the higher salary. When some companies experience downtime, they look to their certified personnel for core competencies needed in the industry and position. It is a promising career with job security even during periods of downtime.
Provides networking opportunities and establish influential relationships
Becoming a PMI member is not only an honor but also grants you access to exciting networking events. There are meetings in major cities worldwide, and members can earn Professional Development Units (PDUs) by attending these. These units help fulfil Continuous Credential Requirements or CCRs, allowing your credential to remain active for three years.
Networking sessions with other people who have the PMP certification can be a great place to find out about new job opportunities. During these meetings, one can get to know about any new job opportunities shared by people with whom they have a common interest in career progress.
PMI meetings allot specific time to network with fellow professionals which can help in job prospects or business development opportunities
Validates and provides a chance to demonstrate your dedication
The dedication required to earn the PMP certification is measured with its prerequisites. Achieving the PMP certification is a tough but rewarding process. The rigorous exam requires dedication and work experience to pass. Earning the credential shows your future employer that you are serious about being a project management professional for many years to come.
It helps you rise to the occasion
Skills are a great way to show potential employers that you'll be able to adapt and handle any challenges presented. You can take help of skills acquired with PMP Certification, which will surely stand out on your resume over other applicants' resumes who don't have this experience.
To Sum Up
PMP-certified professionals are sought after for their extensive knowledge in project management. Obtaining the certification is a rigorous process and requires a significant investment of time, but it’s worth it to be at the top of your field. The benefits that come with this prestigious certification include increased income potential, professional development opportunities, job security, industry recognition, and networking opportunities. Hence, the PMP certification is considered to be crucial for your career.
Muhamad Thasveer Arafath
Muhamad Thasveer Arafath
Muhamad Thasveer Arafath is an engineer with a post-graduation MBA who possesses 20+ years of industry work experience in Project Management. To name a few of his area expertise, he has worked in various multi-million construction/development projects and programs in the UAE concerning project planning, project controls, project advisory/valuations, as a project lead, etc.
Muhamad is currently a project management consultant and trainer specializing in Project Management Institute (PMI) certifications. He has now completed training for 65+ batches for various PMI certifications, holding an excellent passing rate among his training participants.
He holds eight certifications from PMI and is an Award winner from the PMI UAE Chapter in 2019/2020 for being the member with the highest number of PMI certifications in UAE. He is certified from PMI in PfMP, PgMP, PMP, RMP, SP, SP, PBA and CAPM. He is also a Fellow of the Indian Institute of Valuers (FIIV).