For Project Managers Credibility Enhanced Confidence. . Enhance your Project Management Knowledge 3. Here we have enlisted some of the major Benefits of PMP Certification: Ensures industry recognition; Contributes to increased income; Assists you in learning . Improved Efficiency. Since project management jobs are considered to be in demand highly and are considered to be competitive, hiring a PMP-certified candidate would be an asset to your company. According to the Project Management Institute's 2017 Project Management Salary Survey, the median salary for project professionals with a PMP is 25% higher than those without PMP certification, and this boost in salary amplifies over time. It is against the PMI-PMP Certificate which covers more general topics of project management. Cross-Functional and Cross-Industry 5. Here are the main ones that our students tell us have helped them advance in their careers. The focus of the certification is on applying agile approaches for project execution. Succeeding paragraphs enumerates PMP certification benefits to organizations. Table of Contents Top Advantages and Benefits of PMP Certification 1. Moreover, it enriches the candidate's project management skills and displays their ability to manage and lead challenging projects. The CAPM Credential, launched in 2003, is based exclusively on the PMI system, as described in the Project Management Body of Knowledge. It's not only a matter of higher potential salaries across the arc of a career. One way is to find a course offered in your local community, or online. The content is large and the time is tight. With a Schedule Management Plan, the project manager can use pre-determined mitigation steps to address deviations . Benefits for Individuals: Confirms mastery of project management principles and best practices. Benefits of doing a PMP certification 1. 1. A PMP certification proves to employers that you not only have the background needed to complete tasks laid before you, but you're also incredibly skilled and knowledgeable about project management and have proven so through a certification process. Thus, PMI-ACP Certification can be beneficial to you because of its increasing demand and can provide you with better job opportunities for career advancement. The Google Project Management Professional Certificate is designed to prepare individuals for a new career in the high-growth field of project management. This credential validates a professional's education and experience. 2. It will make you a leader in your field and inculcate the leadership qualities in you. Benefits of PMP Certification The common benefits that any aspirant looking to make a career in Project Management include the following: Global Recognition Financial Well Being Advanced skills and knowledge Market Recognition and Job opportunities Application across all industries Employers want highly motivated individuals who are . I took the exam. Project managers seem to be focusing on getting PMP certified for an array of reasons. Benefits of PMP certification. 3-) PMP Certification Benefits - You Earn ~20% More PMP certification has high standards and passing a PMP exam is not a piece of cake. Get Global Recognition 2. And those benefits have staying power. Employees will of necessity learn the PMBOK, which they wouldn't have done if they are not PMP certified. Learn to Speak PM Language 10. Advance Problem-solving Skills Here are some of the benefits of . Benefits of PMP Certification. So, we can include this in PMP certification benefits as well: PMP is an enabler of fast-paced growth within your career. Here are the top benefits of a CAPM certification to consider. Who Should Attend: If you are experienced in project management and have experience leading & directing teams, then the PMP certification is a good choice for you. But, among all of those, PMP certification is the most valuable certificate programme. Improve Customer Satisfaction 9. PMP Certification Benefits to Organizations. Benefits of CAPM Certification 1. Related: Top 11 Most In-Demand Certifications in Management. The exam time is still up to 4 hours. Demonstrates Your Level of Dedication. Especially for those looking to advance in their careers. However, there are numerous benefits of being a certified PMP, not only to yourself but also, to your organization. There are many benefits from passing your PMP certification exam. Scarcity of Certified PMPs 6. Validates PM Knowledge and Skills 7. Check Also: How Difficult is the PMP Exam? While there are many advantages of CAPM certification, one of them is that it provides significant added value to your portfolio. Interviewers looking to fill in a position of a project manager understand this. Despite everything you have done, the PMP certification certainly gives the best credibility to your skills and eligibility. Once obtained with this prestigious credential, it can help candidates earn more while also increasing their chances of being promoted into leadership roles or higher positions within organizations. Keeping your knowledge sharp is the name of the game, so you do need to retake the exam every five years which consist of 150 multiple choice questions, completed in 3 hours. Project managers can highly benefit from gaining certification. The usual learning task is also very tight. Better Career Opportunities 6. Therefore, most of the employers prefer PMP certified staff in their field of business. Benefits of PMP certification include industry recognition, learning new skills, increased job prospects and higher earning potential. The below listed points, will explain and educate on the benefits of PMP Certification: With an accreditation in your resume, you certainly command a better payroll. PMPs in . 2. It delivers real value in the form of professional credibility, deep knowledge and increased earning potential. The CAPM is for project management students or current project managers with little experience in the field. The benefits of PMP certification for organizations are summarized in this infographic: Enhanced business acumen for better decisions The impressive job potential is a reflection of the positive impact, including increased efficiencies, realized cost-savings, and improved morale, that competent Project Managers can have within an organization. Sets You Apart Once you attain the PMP certification it equips you with the deep knowledge of how to efficiently execute any project which sets you apart from the other candidates when applying for a job in any industry. In today's time, many organizations across the globe are looking for project management professionals who are talented and experienced and having PMP certification as well. Some of the benefits include: Confidence in the industry. When compared to project managers without a PMP . Year after year, the PMP certification has garnered global recognition and commanded a higher salary for PMP certified individuals over non-certified individuals. To qualify to take the PMP exam, candidates must have completed either 35 hours of formal . Adds value to your resume ADVERTISEMENT CONTINUE READING BELOW Recruiters hiring in the position of a project manager would undoubtedly take a chance to shortlist yours if you are PMP certified. The course helps professionals in gaining the requisite project management skills and knowledge to gain business and strategic knowledge, that helps you to land better-paying jobs. It provides guidance to the project manager and project team on how the project schedule will be developed, maintained, and controlled. By earning the PMP certification, project managers can feel confident in their role, as they have the specific knowledge and skills required to function in this career based on industry-wide standards. There's a reason project professionals in more than 200 countries have earned and maintained their PMP certification. There are a few ways to get the necessary 35 contact hours of project management training required to sit for the PMP exam. While you can succeed without a certificate, accreditation can help you in four key ways: Contributes to Higher Billing Rate Thomas Barwick / Getty Images There are many advantages to taking the PMP certification examhere are six that are impossible to ignore. Below are highlighted top 13 benefits of been PMP certified Opportunity for substantial increase in pay Provides international Industry recognition Helps you learn important skills that sets you apart Adds real value to your resume Provides awesome networking opportunities Boost credibility Better job opportunities Enabling a project manager to accurately determine the requirements of a project and to assess the available resources and make best use of those resources. The credential can also help employers identify candidates with the necessary skills and knowledge to succeed in Project Management roles. Enhances career/promotion opportunities. A brief overview of these benefits include: Global PMP Recognition - International clients and partners recognize PMI's PMP certification as a highly professional credential, allowing these certified management leaders to become more flexible in global business. The PMP Certification adds more value to the persons profile and helps them to climb top ladders in any organization than of their non PMP Certified peers. You are a certified expert in a field which ascertains that you will hold a superior position than the one without a credential. The upfront time and small cost investment is required, however this provides endless benefits to your own self-growth and to colleagues at your place of work. It Is A Professional Achievement 4. Career Growth This ensures the scope, schedule and budget are accurately set from the start. Salary increase. Collaboration Made Easy: - Quora Answer (1 of 51): According to PMI, the PMP credential "demonstrates to employers, clients and colleagues that a project manager possesses project management knowledge, experience and skills to bring projects to successful completion." So why get the PMP certification? Combining the top three project management approaches including agile, predictive, and hybrid, you will be able to learn and gain expertise when managing complex projects. The PMI Agile Certified Practitioner (PMI-ACP) formally recognizes the knowledge of agile principles. Also read: PMP Certification Application Process. A goal without a plan can set you up for hours, weeks, or even months of busy work. 1.) Adds value to the resume There are several professional certifications that you can pursue throughout your career. Helps Your Resume Stand Out. Programs According to a report from the Project Management. 3. Whereas project manager without PMP certification earns INR 13,22,054. PMP Certification Expresses Credibility The first thing your employer looks at when you are applying for a job is the CV or Resume. Benefits of PMP Certification. Another one of the PMP Benefits is that you would be recognized among your peers and join the elite club of PMPs who have global recognition for their knowledge. Furthermore, the survey also reveals that salaries of PMP-certified . Higher Salary Potential 3. What are some of the advantages of getting PMP certified? Here are some of the benefits of a PMP certification course: A PMP certification is viewed as a must for project managers, but project management training and certification benefits other professionals at all levels of an organization. Benefits of PMP Certification to Employees 1. Note: If you decide to for the PMP exam then you should read our step-by-step guide to attain PMP certification. In fact, PMP Certification is especially beneficial to global organizations due . PMP certification also gives you access to a network of other certified project managers who can provide support and guidance, and it can help you earn a higher salary. Acquire New Skills 8. For PMP a project manager needs to go through extensive 35-hour project management training. Increase in Self-Confidence 5. It's apparent that earning the Project Management Professional (PMP) certification is beneficial for project managers. Project Management Professional (PMP) certification can make you stand out against the competition in the field of project management. Helps you to organize yourself and the success rate grows. Benefits of PMP certification. Professional Achievement 5. Benefits of PMP Certification PMP serves as an unprejudiced endorsement of your Project Management knowledge and professional experience at a global level. Better Job Opportunities 4. The PMP certification from Project Management Institute (PMI) is widely considered the gold standard for project management. The certification can help you demonstrate your mastery of the eight core topics of the PMP Examination and provide opportunities for career advancement. It's expected that by 2020, nearly 1.57 million new positions will be created globally for project managers. Earning the CAPM credential demonstrates certifiable competency in the fundamentals of project management. Benefits of PMP Certification Global Recognition Enhanced Knowledge Increased Project Success Increased Responsibilities Increased Salary Is PMP Certification Worth It PMP certified project managers . PMP exam prep courses vary in cost. This training will help you tackle complicated assignments. PMP is a well-known and respected credential that is considered essential for Project Managers. Another advantage of learning PMP is to test your learning ability; After graduation for many years, I haven't studied such a systematic body of knowledge for a long time. Your career will benefit from a PMP certification in terms of advancement and pay increases. This certification can give you a competitive edge over . Certification Benefits: Project Management Professional (PMP) The Project Management Professional (PMP) is an international certification of project management. The PMP certification is designed to make you a better project manager. Passing the PMP exam is not an easy task. It requires lot of hard work to study the PMBOK and to pass the exam, so without any doubt the employers first choice for hiring project managers goes to PMP holders, moreover the . They will prioritize profiles with PMP certification over those which do not have such certification. Be sure to consider the many benefits of pursuing PMP training: . The certification process provides you with the required knowledge to complete projects with minimal obstruction and optimal success. Top Benefits of PMP Certification in 2022. PMI-ACP is globally reputed and recognized and has Wide scope: PMI-ACP Certification, unlike few other agile certifications, is not limited to a single method. Currently, the average base pay for project managers is more than $90,000. The Project Management Professional certification helps professionals to have better job opportunities. The PMP certified professional comprehends the accepted project management framework, communicates with the clients and vendors in a processed and harmonized manner. Increased earning potential Greater career opportunities Better project success rates A larger professional network Improved project management skills Enhanced credibility As a member, you will have access to . 1. Enables better job performance. PMP certification is a smart move. Adept project managers are more in demand than ever before. Having Better Project Manager The first benefit that comes to mind at any time is that companies will now have improved project managers. There are also benefits for companies who hire those with PMP certification over those without. 2. Becoming cost effective with minimum resources. By hiring PMP-certified applicants, the latest tricks, as well as tactics in project management, would be applied. In the 2018 Project Management Salary Survey conducted by the Project Management Institute (PMI), about 70 percent project management professionals revealed an increase in salary in the past 12 months.