Candidates seek new career opportunities for a variety of reasons, including advancement, learning, new challenges, higher pay, and so on. A career change is a significant decision that necessitates extensive self-evaluation. It is primarily influenced by personal requirements and available opportunities. However, before making a career change decision, weigh the opportunity against your objectives and then settle for a favorable outcome. If you’ve been considering a career change, PMP® certification can assist you.
1. Preparing for the PMP® Exam? Take this quiz to find out where you stand!
The Project Management Professional (PMP)® certification is an industry-recognized course for project managers that facilitates job transitions and provides ample opportunities to learn and grow. Earning a PMP® certification can help you advance in your career and earn a higher salary, even if you only have 3-5 years of experience! Practitioners with the PMP® credentials are often admired for their ability to provide the professional assistance required for project management.
According to the PMI® 2014 Pulse of the Profession study, organizations with more than 35% PMP® certified project managers have better project performance. According to a Price Waterhouse Coopers survey from 2007, 80 percent of high-performing projects employ a credentialed project manager.
Obtaining a PMP® Certification is an excellent way to demonstrate your experience, education, competency, and problem-solving abilities in order to meet a project management requirement.
PMP® Advantages 1. PMP® – A Differentiator
Obtaining the PMP® certification not only adds credibility, but it also makes a significant difference in your resume. When applying for a job, having this credential will put you one step ahead of those who do not! A learned set of practices can also benefit and grow one’s own business.
2. Financial Advantages
Indeed, the PMP® certification is a key to success because it not only helps you present yourself better to prospective employers but also has a positive impact on project managers’ salaries. According to one study, PMP® certified project managers earn an average starting salary of $90,000 per year.
According to another industry report, overall PMP® credentials will earn you a 20% pay increase over non-credentialed project managers with comparable qualifications.
According to the 2010 PMI® Salary Survey, PMP® certified project managers in six major countries have a $10,000 USD salary advantage over non-PMP® certified project managers.
3. Assess and train other employees
PMP® is all about project management, and having the discipline to master project management puts you in a better position to evaluate the skills of others. You can easily write down one’s strengths and weaknesses in accordance with the project requirements and work accordingly. Because you went through the process of earning the certificate, you now have a better understanding of all the project management tools, allowing you to better mentor, teach, and train others.
4. Promote professional development
There is no need to be concerned about a PMP® certification becoming obsolete. The sky is the limit with the knowledge and training you receive.
According to a survey, eight of the thirteen job postings for project managers on CIO.com and Dice.com either required or preferred project management certification. According to another survey, five of the eight job postings for project managers prefer a professional certificate in project management.
PMP® encourages you to advance professionally by elevating your profile among thousands of other candidates.
5. Establishing a Common Language
Aside from improving your job prospects and salary, the PMP® certification acquaints you with common project management jargon. This allows you to communicate more effectively with executives, project colleagues, and customers.
PMP® certification provides you with a standard framework for initiating, planning, executing, monitoring, and closing a project, which includes project goals, risks, and resources required.
6. Internationally recognized
PMP® certification courses have international recognition, which provides certificate holders with increased global exposure. PMP® has gradually gained global recognition, and certified individuals now command a higher salary than non-certified peers.
7. Opportunities for networking
Being a PMP® certified professional connects you to a global network of other PMP® professionals. According to the August 2011 issue of PMI®, there are 357,770 PMI® members worldwide, and the number is growing by the day. As a result, your project manager network database is quite large, and as they say, knowledge and experience sharing always results in large numbers (growth and profit). Furthermore, you are always up to date on what is new in the world of project management.
8. Successful projects and invaluable experience
A PMP® certificate demonstrates that you have a firm grasp on the set of tools required to effectively manage and deliver projects. As a result, you can now manage projects faster and cheaper while maintaining high quality results and minimizing risk.
As part of the training program required to obtain the PMP® certification, you are placed in diverse corporate situations that are essentially outside of your comfort zone, allowing you to gain valuable experience in how to solve complex and diverse project problems.
Obtaining the PMP®
Eligibility requirements include a secondary degree, at least five years of project management experience, 7500 hours leading and directing projects, and 35 hours of project management education.Or
– A four-year degree and at least three years of project management experience, as well as 4500 hours leading and directing projects and 35 hours of project management education.
PMP® course categorization: According to the PMP® Examination Specification, the course primarily covers five project stages, which are as follows:
1. Beginning the project
2. Project planning
3. Project Execution
4. Project monitoring and control
5. Project completion
Possibilities for employment with the PMP®
In today’s competitive job market, where thousands of candidates with similar skill sets compete for a limited number of positions, it is critical to distinguish yourself from the crowd. And for those in the project management industry, the PMP® is the answer!
According to a survey, PMP® salaries are steadily rising. There are numerous online sources that claim that PMP® professionals earn 6,000 to 10,000 USD more per year than non-PMP® professionals; a few others claim that PMP® professionals earn 10-15% more than those who are not certified!
It’s time to update your resume and put yourself ahead of the competition, and earning a PMP® certification is a great way to do so!
