Did you know?
There are more than 1,000,000 professionals who have earned their PMP across 200 countries in the world.
And what is the reason behind the growing number of professionals going with PMP certification across all geographies?
The world is going digital for each and everything and digitization and globalization are fueling advancements in technology. Projects are carried out at small and large scales for the successful delivery of products and services. Eventually, there is a massive demand for skilled project managers who can integrate the various aspects of a project.
This article will let you know about the PMP certification, project management course, and the way it can help you in career development.
What is PMP?
PMP or Project Management Professional certification is regarded as the gold standard for project managers issued by the PMI (Project Management Institute). This globally recognized certification ensures that a candidate can manage the people, processes, and prioritize business aspects of a professional project with the best possible practices.
The PMP certification is applicable to project managers across the world in virtually every industry that includes healthcare, finance, government agencies, IT, business, logistics, construction, and more.
All about the PMP Certification Exam
As updated on January 2, 2021, the PMP certification exam consists of:
- A total of 180 questions
- Time provided: 3 hours and 50 minutes (230 minutes)
- Two breaks of 10 minutes each
- Questions are a combination of multiple-choice, hotspot, matching, multiple responses, and limited fill-in-the-blanks format.
The three domains covered by this exam are:
People (42%)
This section comprises nearly less than half of the exam and the questions in this section are based on building and leading teams, mentoring, supporting virtual teams, managing conflicts and issues, and other related areas.
Process (50%)
This section comprises a half portion of the exam and is meant to test your knowledge on the process of looking a project through to completion. There may be questions asking you the ways of managing budgets, time, and other resources, handling the changes in the project, scheduling, and identifying the best practices for the project.
Business (8%)
The business section of the certification exam is all about dealing with the business aspects of the project you might be required to tackle as a project manager. The business issues may include delivering value, compliance, supporting changes in the organization, etc.
Why PMP?
The number of professionals taking up online training courses for getting PMP certified is consistently increasing. Let us look at the reasons professionals across the world are willing to add PMP certification to their resumes.
- It provides Industrial Recognition
The PMP Certification serves as proof to your employers that you know all the aspects of the project inside out and you possess the required skills, knowledge, training, and experience required for carrying out the project.
- It improves your earning potential
It is found in a recent survey that PMP certified project managers earn around 20% higher than non-certified project managers. The average annual salary of a PMP certified professional is around USD 115,000. The salaries are subject to vary on the basis of your experience and the time you have been certified. The longer you have been certified, the higher the salary. And the same goes for the experience. According to Global Knowledge, the professionals with PMP certification are ranked 5th in the list of highest salaried professionals in the IT sector.
- It Improves your Skills
When you prepare for the PMP certification exam, it requires you to hone the skills that are required for carrying out all the phases of a project successfully. The phases of a project include planning, initiation, execution, monitoring, and closure of the project.
So, you are trained according to all the steps and therefore improve your skills. With the right training, you get to improve
- Risk management skills
- Teamwork and people orientation
- Problem-solving skills
- Leadership qualities
- Career Prospects
From the year 2017 to 2027, it is expected that there would be 200,000 jobs in project management roles in the US alone, according to a report by Anderson Economic Group and the PMI. Apart from the growth in sectors including information services, construction, finance, and insurance sectors, the biggest growth is projected in the healthcare sector.
How does a PMP Certification boost your Career?
We have already seen in the above sections that a PMP-certified professional earns better than a non-certified one. Let us now look at the job market.
According to a report by PMI, the expanding job market, improving GDP, and increasing demand are going to enhance the international growth of project managers. With the increasing number of organizations realizing the importance of project management techniques, there is a surge in the demand for the right candidates with appropriate skills and knowledge in this domain. Most of the IT recruiters seek specific skills to deliver what a business needs to compete. Eventually, almost 40% of them are expected to hire certified Project Managers in the coming year to sustain the increasing projects.
Career Advantages: Many organizations have made a PMP certification mandatory for hiring project managers. This makes it easy for them to hire candidates who are perfect for the job role they are looking for.
Also, the PMP certification strives on establishing a common language for project managers making all of them work within a common framework. A friendly environment is established among the team members with the common language they use.
Conclusion
If you are willing to earn a PMP certification that can improve your earning potential; while providing you global recognition, here is a one-stop solution.
To keep aside all the hassles of learning, get yourself registered in an online training course. Get to learn at your own pace, choose your preferred learning mode, have doubt sessions, learn with industry experts, get job-seeking assistance, go through real-life projects; all this just in an online training course from an accredited training institute.
Enroll Yourself Now!
