PMP Review: Are PMP Certifications Worth It?

In today’s work environment, Project Management Professional (PMP) credentials is highly regarded. It can be challenging to obtain the PMP certification, and as of right now, if you’re a member of PMI, applying for the PMP exam will set you back a cool $405. The price jumps to $555 for non-members. The PMP is the most prestigious project management certification as well as the industry benchmark for project managers. It is only natural to wonder if the PMP certification is worthwhile given the range of other credentials available in the field of project management.

And over three-fourths of top-performing projects are managed by PMP-qualified project managers, according to a recent PwC poll. Additionally, firms with more than one-third of their managers certified by the PMP achieve substantially higher project success rates than those without. According to a different survey, project managers with such a PMP certification made more money.

Who Can Get a PMP Certification?

Official statement on PMP Since 1984, the Project Management Professionals (PMP) accreditation has been used to demonstrate competence in the field of project management. There are numerous alternatives and obstacles in the wide and complicated subject of project management. Additionally, it is a fulfilling profession with something for everyone. With regard to all linked management professions, there are approximately 2 million professionals engaged in exciting work every day all around the world. It is one of the jobs with the highest demand on the planet.

Whether or not obtaining your PMP certification will then be advantageous to you in the long term depends on a variety of variables. The PMP certification is evidence of a person’s competence and expertise in project management. The PMP certification can be achieved online, but in order to sit for the exam, you must have prior project management experience.

You could check here the benifits of it and you will be qualified for a slew of jobs in the field once you earn your project management certification.

  • It will increase your worth in the job market.
  • You may be able to negotiate a better wage than non-certified competitors if you are a certified project manager. Employers believe you have higher skills and understanding in the field, which is why.
  • Provides a chance to improve your leadership and communication abilities
  • Obtaining a PMP certification will help you improve your leadership and communication abilities. Project management relies heavily on team communication, and a good leader knows how to foster team communication.

The Project Management Professional Certification is an Asset in the Hiring & Recruiting Process

When conducting interviews with potential candidates for open positions, your employer will opt to fill those roles with certified project managers because of the breadth and depth of their experience and expertise in the field. This, in turn, is only one of many other aspects that will play a role in determining whether or not you are hired. The Project Management Professional (PMP) credential puts you in a better position to negotiate your compensation with potential employers.