The Project Management Professional (PMP)® certification assesses a candidate’s ability to manage a professional project’s people, procedures, and business goals. The Project Management Institute (PMI) administers the PMP certification and globally claims over one million holders. It applies to project managers in almost every field, including health, construction, IT, and business.
Do I need the PMP?
In the end, whether or not a PMP certification is worth it depends on your situation. Here are a few advantages of having a PMP certification to assist you in making your selection You may demonstrate to potential employers and customers that you are a true expert in project management by earning the PMP certification.
Learning new skills
As you study for the test, you will likely learn a great deal about project management. To become a better project manager, you need to put in the time and effort to understand the foundations of project management, such as dispute resolution and budgeting.
In the United States, a recent poll conducted by the PMI indicated that those with PMP certification reported average pay of $123,000; those without reported wages of $93,000 . The longer one was a PMP, the higher the average salary. Global Knowledge found that the highest-paying IT qualifications, including PMP, placed eighth overall.
According to a survey published by PMI and the Anderson Economic Group, companies would require 87.7 million people in project management jobs by 2027. The health care industry is likely to increase the most, but the construction, information services, and banking and insurance sectors are all expected to see significant advances
Here’s a step-by-step method to getting your Project Management Professional certification.
1. Comply with the standards for PMP certification.
Before you can sit for the PMP test, you must first determine whether or not you are qualified. You’ll need one of the following:
If you have a four-year degree, you must have 35 hours of project management course training and at least 36 months of project management experience; otherwise, you must have 35 hours of project management course training and at least 36 months of project management experience.
If you have an associate degree or a high school certificate, you will need 35 hours of project management course instruction and 60 months of project management experience.
more helpful hints for PMP exam– To be prepared for job applications, you should keep track of your projects and training, noting details such as your precise position and duties and the duration of time spent working on or participating in projects or activities. You are exempt from the training requirement if you already have a CAPM certification. The PMP certification is valid for three years from the date of issue. To keep it, you’ll need to devote 60 hours each year to professional development activities. If you do not pass the test the first time, you may sign up to retake it.
Register with PMI and begin working on your application for the PMP certification test now! The sharing of basic personal information, such as your educational history, will take place in addition to the sharing of specifics on the projects on which you have worked.
Following approval, you’ll be required to pay the exam price and book a test date.
3. Make preparations
This is the more helpful hints for PMP exam, either via coursework or on your own time and effort. Several test preparation companies suggest that you spend 60 to 120 hours studying. Depending on how regularly you study, this might take many months or even years.
4. Pass the Project Management Professional (PMP) exam
The exam may be taken in person at a testing centre near you or online via a website. Completing the test will take you a little less than four hours.
5. Keep your certification up to date
The PMP certification is valid for three years from the date of issue. To keep it, you’ll need to devote 60 hours each year to professional development activities. If you do not pass the test the first time, you may sign up to retake it.
6. Learning vs Memorizing
The PMP exam measures your ability to apply project management principles and theories in real-world situations. Trying to remember the PMP domains’ terminology might lead to failure as many find the application nature of the test too late. Studying helps you grasp ideas and apply learning to real-world situations. Project managers should be able to recollect fundamental concepts such as process groups, knowledge domains, and formulae. There are also scheduling and cost management formulae.