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Don't you think that rapid progress in your career is what every professional dreams of? The process takes immense patience and diligent efforts to achieve your goal. However, obtaining a few recognised training certifications like PMP Certification Benefits project management professionals in variety of ways.
According to a recent survey, PMPs (Project Management Professionals) get 16% higher salaries on average across 40 countries. The Sources indicate that the PMP Exam pass rate is less than 70%. Although, it can be time-consuming and requires much dedication, but it is worth the effort invested in cracking the PMP exam.
Top benefits of doing a Project Management certification include career growth, skills development, industry recognition and better earnings. Check below to know about these benefits in detail.
Table of Contents
1) What is PMP Certification?
2) Benefits of Getting a PMP Certification
a) Career growth
b) Skills development
c) Better communication skills
d) Prove your dedication
e) Industry Recognition
f) Marketing outreach or networking opportunities
g) Get better earnings
h) Become a proficient Project Manager
3) Benefits of PMP Certification for Employers and Organisations
4) Conclusion
What is PMP Certification?
PMP Certification is a globally recognised certification across organisations in Project Management. PMP Certification stands for Project Management Professional Certification. Obtaining the PMP Certification proves that you have substantial experience in project management.
This certification validates your training and experience in the field of project management. The purpose of the PMP certification is to prove the candidate's ability and the experience gained to take responsibility for high-end projects.
Once you complete your PMP Exam, you will become one of the most credible & preferred candidates by recruiters. PMP is essential for Project Managers who wish to take the next step in their careers.
Benefits of Getting a PMP Certification
Now that we have understood What is PMP, let us come back to the original topic - the benefits of PMP certification.
Here are a few of the PMP Certification Benefits listed below.
a) Career growth
PMP is an internationally recognised credential validated across the global business community. The PMP project managers are enforced with the best skills in the training course, enhancing their ability to handle complex projects, resulting in lookout from many companies extending the best packages offered in the industry.
Working with the team will build the network and provide contacts from both the seniors and the inexperienced. You would never know which connection might help you get a better job. The more bonds you encounter, the better the opportunities for your career growth. Career growth can be considered one of the prime PMP benefits for any project management professional.
b) Skills development
How will you stand out from the scores of project managers present in the market? Does PMP-certification is worth it for Project Managers?
The PMP certification will enhance your resume to attract major companies. The PMBOK (Project management body of knowledge)certification teaches you exclusive skills to excel in your career. You can learn the best tricks and techniques to tackle the issues related to project management activities.
The PMP certification exam is hard to clear, as this exam requires extensive preparation and dedication. You will specialize in practically applying the knowledge learnt during the PMP Certification training. The PMP-certified professionals will understand fundamental principles, project management processes, methodologies, PMP tools & techniques, current trends, and several soft & hard skills.
Compared to the long-learnt experience through on-field work, a certification can teach you the same in a faster mode on how to improve your project management skills.
In short, you learn everything about What is Project Management and can implement it in your company projects for better project execution.
c) Better communication skills
While you have earned a PMP certification, it would open up ways to improve your communication skills. Dealing with clients (understanding their requirements and ideating projects), working in teams, and talking business with other Project Managers will help you gather the skills to speak a common business language and ensure that you are on the same page as everyone.
Improved communication skills will also help you better understand of project frameworks and perform better in the organisation.
d) Prove your dedication
The dedication required to earn a PMP certification is a big victory. Thus, you will be able to prove your capabilities easily. The certification shows you have met the strict standards to qualify for the PMP exam. Also, with a bachelor’s degree and an associate’s degree, you must have gained at least eight years of experience.
e) Industry recognition
PMP certification is recognised across industries globally. Regardless of your previous industry experience and professional background, you can obtain an additional certificate to upgrade your resume.
The success rate of projects rises as the project managers grow in the company. The PMP-certified managers are recognised to be better at project completion within the time and the budget.
If you are in the initial stages of a project management career, the PMP Benefits you by giving a rapid boost and balancing the lack of experience. The PMBOK certification will aid you towards reaching the next level in your organisation.
Register with PMI-ACP Certification Training to enhance your agile skills.
f) Marketing outreach or networking opportunities
Across the world, the PMI has around 773,840 active PMP certification holders. Once you sign up as a PMI Member, you will become part of that group. As a PMI member, you can expect frequent meetings around the world arranged to help them obtain the PDUs (Professional Development Units). These credential requirements must be satisfied to maintain the certification for three years.
The plus point of participating in these meetings is to help you understand the new job opportunities shared by people who own and value this certification. These online and offline communities help you in building better professional networks.
g) Get better earnings
PMP-certified project managers across the industry can get higher salaries than their peers who do not own a PMP certificate. Earning a lucrative income can be regarded as one of the extensive PMP Benefits you can look forward to.
According to a survey, project managers earn up to 20% more salary than non-certified professionals. Middle Eastern countries like Saudi Arabia and the United Arab Emirates are witnessing this trend. Besides, this trend indicates that for PMP-certified project managers, salaries will continue to grow.
PMP certification will increase your income, improve your job security, and help you fight against potential layoffs from companies.
h) Become a proficient Project Manager
Finally, the PMP benefits you by aiding you to mould as an efficient project manager based on your effort to learn from the course. PMP upskills most activities a project manager needs to manage and organise in this certification.
A PMP certification will provide enough skills and techniques to manage any situation. You will be confident in handling a demanding project irrespective of its size and complexity.
Eventually, the PMP Benefits you to become a better project manager.
Benefits of PMP Certification for Employers and Organisations
A PMP certification not only benefits freshers but also helps the organisation and employers to perform better in a competitive business environment. Therefore, it is better to implement project management strategies. Let's look in detail at some of the benefits that PMP certification provides:
a) Maintain your competitive edge
Every organisation strives to be at the top in an extremely competitive market, and adopting PMP strategies to improve your organisation’s work efficiency is always a win-win. Companies can train their employees to use PMP management techniques while handling bulk projects and be at the top of their game.
b) Implement fresh approaches
If your employees are trained and PMP-certified, it will help you to implement new project management approaches within your organisation. Therefore, it will lead to improved project outcomes, increased efficiency and better consumer satisfaction.
c) Filter the best
While many candidates may compete for a Project Manager job, it would be difficult to choose the best. However, candidates with a PMP certification and training can be hired without a doubt to ease your work of training them all over again.
d) Gain new projects
Having PMP-certified employees in your organisation implies more knowledge and skills than a non-PMP certified individual. Thus, it will benefit the organisation in gaining more and more projects.
e) Customer contentment
It is obvious that while an organisation has hired PMP-certified individuals, the projects will run more effectively and within the given budget and time. Thus, it will result in increased customer satisfaction.
f) Boost workplace culture
Hiring PMP-certified employees can help improve your organisation's overall work culture. As a result, the employees’ morale and productivity levels will also increase.
Also, check out our blog to prepare the top PMP interview questions to ace your interview!
Conclusion
We have tried discussing most of the prime benefits of PMP certification in this blog. Recalling the PMP Certification Benefits for a project manager, we have discussed a better salary increment than a non-certified project manager, how the PMP can strengthen the professional network, looks excellent on your CV, is globally accepted and how you can get appreciated as a preferred project manager.
Don’t miss out on the opportunity to register for PMP Training.
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