A lot of times, I get questions from my customers regarding the value of having PMP Certified! The answer is that this may differ from person to person or Project Managers to Project Managers. In this post, I’d be happy to share my perspective on this subject.
Advantages and Disadvantages of the PMP Certification
- PMP Certification looks fantastic on a resume. Adding the PMP course on your resume could be the difference between securing an opportunity to work as an experienced Project Manager or getting handed over to another candidate who has PMP Certified. Today, many businesses need PMP Certification as a primary qualification for Project Managers. And they won’t employ any Project Manager who is not certified by PMP.
- PMP Certification demonstrates that you have Project Management Experience To apply to take the PMP test, you must have a certain amount of work experience in directing and leading projects. You must have five years (7500 hours) of experience if are a graduate of an associate degree and 3 years (4500 hours) of work experience if you possess a bachelor’s degree. PMI has an auditing procedure to verify that the PMs are honest about their work experience.
- PMP Project Managers Earn More Profit than Project Managers who are not PMP.
PMP Certification will help you get better wages than those who are not PMP Certified Project Managers. A survey suggests the PMP is the highest-paid IT certification. In the latest, PMI Salary Survey PMP-Certified project managers from six countries enjoy a salary increase of $10000 over non-PMP-certified project managers.
- PMP could lead to networking and job opportunities
Being a PMP connects you to the entire network of PMPs across the globe There are many. As per the august edition of the PMI’s magazine PMI Today the number of PMI members is 357.770. PMI members around the world and the number is increasing. PMI organizes frequent PMI gatherings in the majority of major cities where PMI members meet to socialize and discuss concepts of project management. These meetings also can provide PMPs with important professional Development Units (PDUs) that will allow them to renew their certification every three years.
When you attend PMI meetings, you’ll often learn about new job opportunities offered by members who recognize the importance of PMP certification and these meetings usually have time for attendees to speak and discuss any opportunities available within their respective organizations. There are many different communities on the internet and offline that PMPs can engage to other PMs, expand their professional networks, and research possibilities for career advancement.
- PMP Certification is expensive
It will cost you money a amount of money. To take the PMP examination, you will need to complete 35 hours of formal Project Management Education, which is a substantial sum of money. In order to take the test, you must be able to pay $405 if are an active PMI member PMI or $555 in the event that are not a member of PMI. In addition, to join PMI you must make another payment of $129. Of course, being a member of PMI gives you numerous benefits that you won’t receive if you’re not an active participant in PMI.
- Preparing For The PMP Exam Is Time-Consuming
PMI will require applicants to record all knowledge and experience in project management that they have accumulated; the experience should be documented to the process level, for instance when working on a specific project, how much time spent creating an organizational structure for work breakdown? How many hours did you devote to doing the project’s tasks? Then all of these tasks take quite a long time.
- Maintaining PMP Certification Also Costs Money
For you to maintain your PMP certification in good standing it is necessary to provide sixty PDUs in the form of a report to PMI every three years. There are many ways to earn PDUs but it will require you to commit considerable time and money.
Does It Make Sense To Get PMP Certified?
Although there are a lot of negatives to PMP certification I think that it’s worthwhile to get certified. Being PMP Certified certainly helps project managers do the best job, and assists them in increasing the number of opportunities they have to network.