Every Project Management aspirant is interested in the monetary growth that will result from the globally recognized PMI’s Project Management certifications. Financial growth is just one of the benefits of obtaining the PMP certification, which is one of the most sought-after jobs in the current decade. With an average salary of up to 120 USD in the United States alone, Project Management aspirants can expect to find over 15 million job opportunities in the coming years.
The first question an aspiring project manager has about the PMP is, “How much can I expect to earn as a PMP?”
(Project Management Expert) In the United States, the average salary for a project manager is $75,000 per year. PMP is one of the most in-demand jobs, with more than 15 million new project management job opportunities expected by 2021. Let’s take a look at the pay perspectives of the PMP.
PMP Salary by Country in 2021
The top countries for Project Management Professionals to earn a competitive salary are the United States, the United Kingdom, Canada, India, and Australia. The table below shows the average salary for a PMP in these countries.
PMP Salary in Different Job Roles
A project manager is primarily in charge of project completion as well as coordination with engineers and clients. However, the role of a project manager varies depending on the organization. The PMP certification is popular among project managers, senior project managers, and operations managers. The table below shows the average PMP salary for the top PMP job roles.
Salary for a PMP Based on Years of Experience
With more experience, the salary of a Project Management Professional rises. Let’s take a look at how much a PMP can earn based on their experience.
PMP Salary in Leading Companies
PMP demand is at an all-time high. IBM, Amazon, Bank of America, and others are among the world’s leading employers of Certified Project Management Professionals. Here is the salary outlook for Project Management Professional certified professionals in top companies.
Salary of a PMP in Various Industries
Conclusion
The salaries and benefits are quite appealing, but they require a very long and structured path to be completed. The eligibility criteria and the PMP certification exam format are not easy to achieve; it takes a great deal of dedication, guidance, and Project Management education. Enroll in PMP certification training from a PMI authorized training partner, such as inventions learning, to not only meet the eligibility requirements but also to get that structured learning path for getting your PMP certification on your first try.
PMP Salary in 2021: Frequently Asked Questions
How much do Project Management Professionals earn per year?
The average salary for a PMP in the United States is $120,000 USD, while in Canada it is CAD 93,000. The average salary in Australia is AUD 130,000. For more information, see Project Management Professional (PMP) Salary in 2021.
How Much Does a PMP Certification Increase Salary?
According to PMI, project managers in the United States with no certification earn around $95,000 per year on average. Project managers with the PMP certification, on the other hand, earn $120,000 per year. On the basis of the PMP certification factor, it represents a salary increase of approximately 25%.
How long does the PMP certification last?
The PMP certification is valid for three years, and you must earn 60 PDUs every three years to maintain your certification, beginning the day you pass the PMP certification exam. This PDUs consist of 35 educational PDUs and the remaining 25 Giving Back PDUs. Learn more about “How to Maintain PDUs for PMP Certification.”
