The PMP certification holds several benefits and is highly valuable to professionals in various industries. Earning the PMP certification is highly beneficial to professionals aiming to improve their careers and earn better. The most globally recognized project management certification is the PMI-PMP. This article provides detailed information on the benefits of the PMP certification.

 

What is the PMP?

The Project Management Professional certification is a globally recognized credential for project managers. It validates your education, experience, skill, and competency to lead and direct projects and people. PMP is the most coveted project management certification administered by the Project Management Institute – PMI, USA.

PMI was established in 1969 and the first PMP certification examination ever written took place on the 6th of October 1984 after which 43 individuals emerged as certified Project Management Professionals.

As the need to meet customers’ requirements and to better manage projects increases, the need for more certified project managers also increases. This demand has over the years led to an increase of project managers worldwide. The widespread awareness of the benefits of the PMP certification also contributed to this phenomenon.

 

Who is a certified PMP?

A certified PMP is someone who has undergone the PMP Exam Preparation training, taken the PMI-PMP examination, and passed. The industry-recognized project management certification is the only one administered by the Project Management Institute, PMI.

A Project Manager’s mission is typically to achieve project objectives within the constraint of time, resources, scope, and quality. The Project Manager will ensure to communicate with stakeholders and frequently report project status to top management. He/She is responsible for creating timetables/project schedules, tracking milestones, managing resources, stakeholders, and organizing teams.

According to the Project Management Institute, there are over 1,000,000 PMP certification holders worldwide. It is apparent that several individuals and organizations value Project Management Professionals and understand the benefits of the PMP certification. Having said that, let us discuss the benefits of the PMP certification.

 

Benefits of the PMP Certification:

Here, we will highlight the benefits of the PMP certification to individuals and organizations.

Benefits of the PMP Certification to Individuals

• • • Increased Earning Potential: In the most recent PMI’s project management Salary Survey, the median salary for project professionals with a PMP certification is 25% higher than project managers without the PMP certification. What this means for you is that when you earn the PMP certification, you ultimately increase your chances to earn more as indicated in figures 1 and 2 below.

 

 

• • • Global Recognition: The PMI-PMP is globally recognized, hence, a certified PMP is assured that they hold a global credential that is accepted and highly valued across various industries. 
    • Good Reputation: The PMP certification validates your knowledge and skills in project management, this enhances your reputation and enables organizations to trust your credibility and expertise.
    • Adaptability: The PMP certification is not restricted to a specific industry. It reflects best practices in project management with frameworks, techniques, and tools that can be adopted in any industry. As a certified Project Management Professional, you are able to function in diverse organizations and industries without rigidity or limit.
    • Results: PMP enhances your knowledge and skills in using project management tools and techniques to meet project goals and objectives. You will be able to manage teams and other stakeholders, direct projects, and deliver project results within delivery timelines.
    • Global Network: You will become a member of a global network and have the opportunity to interact with other PMPs worldwide. This of course will give you bigger opportunities for local and international jobs.

 

Benefits of the PMP Certification to organizations

• • • Increased Revenue: Organizations that use project management tools often meet their goals, deliver timely projects, work within their budgets, and satisfy their clients. This often leads to an increase in revenue.
    • Reduced Cost: Adopting project management best practices will enable organizations to better manage their resources which will, in turn, reduce costs, waste, and time lost.
    • Increased Staff Productivity: Organizations with a well-trained professional workforce are able to increase their staff productivity and commitment. This will help to achieve the project’s objectives and contribute to the growth of the organization.
    • Market Advantage: Organizations with a well-trained workforce and certified Project Management Professionals will thrive and have a market advantage over their competitors with untrained and uncertain employees.
    • Customer Satisfaction and Retention: When organizations use project management tools and apply standard project management procedures, they are able to meet their customer’s needs and expectations and retain such customers who often refer new customers.

 

How to get the PMP Certification:

Earning the PMP certification involves the following simple steps

1. Confirm your eligibility
2. Enroll in an Authorized Training Partner for the PMP Exam Preparation course
3. Apply for the PMP Examination and schedule your exam
4. Write the PMP Exam and pass and earn the PMI authorized PMP Credential

 

Ready to begin your PMP certification process? Enroll in 3FOLD Training and enjoy quality training at a discounted fee! See available course batch. Contact us via Email, Whatsapp, or inquiry form for more information.