PMP certification demonstrates your excellence in project management. PMP enhances your career in the same way that higher education does, except that it indicates that you have project management expertise. However, before beginning the time-consuming PMP certification procedure, you should analyze the benefits and drawbacks of project management. The advantages of project management include that the project’s goal is constantly in sight, the team must build strong communication skills, allocate resources and money correctly, and reduce risk. However, project management has some downsides, including less space for innovation, higher project expense and complexity, and communication overhead.
Once you grasp these difficulties, you will be able to examine the benefits and drawbacks of PMP certification. The PMP certification is one of the most respected project management certifications, therefore the advantages significantly outweigh the downsides. In this article, we will discuss the advantages of a PMP course because if you are going to invest a significant amount of time and money, you should reap the benefits of PMP training.
Top advantages of PMP Certification
There are several advantages of pursuing the PMP certification. That is why so many applicants are prepared to go through such a difficult process in order to further their career in some way. The benefits of PMP training are numerous, including increased salary, increased industry demand, and cross-functionality, not to mention increased respect and recognition. These, as well as many more, are further described below:
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Profitable Income and Salary
One of the highest-paid jobs in the world is the job of a project manager. A non-certified individual earns comparatively less than a certified individual. The benefits of project management certification will have a substantial impact on your pay from your employer. The benefits of your employment will improve as you advance in your career. Working hard to obtain your PMP demonstrates to your industry that you are eager to work. PMP training enhances your CV and increases your earning potential.
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Salary Increase
The increased compensation percentage is one of the most significant PMP certification perks. Every year, the globe hires millions more project managers, and highly qualified and certified- individuals earn 16% more than project managers who do not pass the exam. As a result, PMP certification validates your experience in a way that nothing else can.
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The increasing global demand for Project Managers.
Employers realize how difficult the training and experience requirements are for acquiring a PMP certification and how beneficial they are for their organization, therefore project managers who have qualified for the test are constantly in great demand. According to the PMI website, there is a growing need for PMP-certified project managers.
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Inter-Functional and Inter-Industry
Project management is an internationally recognized skill. There is a mandatory need for project managers in every business and firm. The organization that hires a project manager can become more structured. The benefit of PMP training is that it allows a professional to operate across sectors. The skills and information gained over the next three to four years will be applicable in all professions.
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A scarcity of Certified Project Management Professionals
Despite the fact that many individuals take and pursue the PMP certification on a regular basis, there is still a scarcity of certified PMP individuals. In a world where the economy is flourishing, there are only one million certified PMP individuals. As a result, the global acceptability of PMP certification has grown, and they are given preferred consideration in project management employment.
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Extensive Professional Network
PMI has its own network of professionals that are always willing to help one another. Membership in the PMI is not cheap, but it puts you in touch with other experts in the project management area.
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Learn New Skills
When you finish your exam and training necessary to become a PMP-certified project manager, you should have spent thousands of hours learning how to be a better project manager. You would understand aspects of the trade that you may have overlooked previously. The essential training gives hands-on experience, which is the best method to master any skill.
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Respect and Appreciation
As previously stated, there are around one million qualified Project Management Professionals globally. So, pursuing this certification will provide you with a competitive advantage, as well as respect and recognition in your business.
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Learn the Project Management Language
When you read the PMBOK guide, you learn to speak project management jargon. Learning this language is critical if you want to converse and share information with project managers from various sectors. You will understand the project management terminology. That implies you may use the right language and comprehend those who refer to essential PM procedures and ideas.
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Show Commitment and Dedication to Your Profession
Completing PMP training that requires a significant amount of time and attention demonstrates dedication to the profession. Such dedication is highly regarded in the professional sphere and is a highly sought-after organization.
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Expand your professional options
Your professional options will expand. PDUs every three years will keep you up to date in the business. Companies will be lined up to hire a highly skilled and experienced project manager. obtaining a PMP certification doesn’t mean that you can only be a project manager; it opens doors for many career occupations.
Minimum Application Requirements
People who want to take the exam to become certified must achieve one of two severe conditions. Applicants must have at least 7,500 hours of project management experience plus 35 hours of related education, or a relevant four-year degree plus 4,500 hours of project management experience and 35 hours of project management training. There is also an application fee for both PMI members and non-members, however membership considerably decreases the cost. More information about the current criteria and costs may be found on the PMI organization’s official website.
Now the question is, is it worth getting PMP certified? Yes, as we’ve gone over the benefits and drawbacks of PMP certification in great detail. It depends, is the response. It all depends on your willingness to commit time and money to a large cause in order to advance your career. You might also wait for the proper time to obtain your certification. The advantages of obtaining the certification significantly exceed the disadvantages. It will strengthen your resume and provide you with more options.
So it is always preferable to obtain the certification than to be uncertain about what it would have done for your career. This qualification is an investment in your future and ultimately it will increase your goodwill. You may reap the benefits of your efforts for the rest of your life. PMP certification demonstrates your excellence in project management.
