Top 7 Advantages & Benefits Of PMP Certification In 2024
There are various advantages and benefits of PMP (Project Management Professional) certification. Certified PMPs enjoy many career perks that other experienced project managers miss. Additionally, it is beneficial for employers and organizations to have PMP certified professionals on their roles.
PMP certification can give you a better job with more responsibilities, higher respect and greater recognition. Furthermore, the value of PMP credential reaches far beyond these intangible benefits.
The most important reason for pursuing PMP is that it can give you a huge bump in salary. According to the PMI (Project Management Institute) Salary survey, certified PMPs report higher median salaries than those without a PMP certification — 16% higher on average across the 40 countries surveyed. In USA, a certified project manager enjoys 32% more salary than a non-certified one.
PMP is a tough exam. It requires a lot of time and preparation. It also entails a very high cost. However, PMP exam is well worth the effort and money – the subsequent increase in salary will more than offset your initial expenses.
Let us tell you the importance and benefits of PMP certification for your job and career.
Note: If you decide to for the PMP exam then you should read our step-by-step guide to attain the PMP certification.
Top Advantages and Benefits of PMP Certification
1. Global Recognition
PMP, an internationally recognized project management certification, provides affirmations for project management knowledge. It is highly valued across different industrial sectors.
As per Job Growth and Talent Gap survey, by 2027 employers will need nearly 88 million individuals in project management-oriented roles. The demand for labor force in seven project-oriented sectors is expected to grow by 33 percent, or nearly 22 million new jobs.
2. Higher Salary Potential
Increase in salary is the most important reason for pursuing PMP. There is a compelling evidence that PMP can increase your earning potential significantly – a project manager with PMP certificate earns 16% more than a non certified project manager.
As per salary.com, the average salary of a PMP certified project manager in the United States is $161,408, This figure is substantially higher than the average salary of a working professional.
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3. Better Job Opportunities
PMP certificate has gained global recognition and over the years the need for certified project managers have increased considerably.
Organizations look for PMP certification holders to manage more complex projects, which gives a PMP credential holder an edge over the non certified project manager.
Since the demand for PMP credentials has increased in various industries, it becomes very important and a good opportunity for you to get an advantage over non-certified project managers.
Industry only offers the best of the best jobs to those who have corresponding experience, knowledge, and training.
If you do a quick search on recruitment sites and Linkedin, you will find that there is an extremely high demand for PMP certified professionals. Companies specifically ask for the certification for project management jobs.
4. Professional Achievement
This certificate gives added advantage to professionals above their basic educational qualifications. It also indicates that the certified PMP professional is good in project management.
The industries note the certified professionals and consider them as favorable at completing the project on time and within the budget constraint.
5. Gives Credibility
PMP aspirants need 36/60 months of project management experience for applying to the PMP exam. PMP credential gives proof that the PMP certification holder has the requisite experience of managing projects.
When applying for a job, your resume plays a vital role in terms of communicating with employers. When a recruiter comes across your resume that is PMP certified, they can easily understand your seriousness towards your career, your experience, knowledge, and your skill sets.
Note: If you do not have the required project management experience, you can opt for CAPM (Certified Associate in Project Management) certification.
6. Validates Project Management Skill and Knowledge
PMP is one of the most difficult professional certification exams. In order to get PMP certified, you have to undergo a mandatory 35 contact hours project management training.
A good PMP training is based on lengthy exam syllabus and is aligned to the terms described in PMBOK Guide (A Guide to Project Management Body of Knowledge) and Agile Practice Guide. These Guides are big tomes and are considered as difficult books to read. They contain the fundamental concepts and best practices of project management.
You will get an in-depth knowledge of project management concepts while doing PMP exam preparation. Passing the PMP certification exam will validate your project management knowledge.
You can look at our PMP online training program to crack the PMP examination in your first attempt.
Note: You can freely download PMBOK Guide and Agile Practice Guide by becoming a PMI memeber.
7. Provides Networking Opportunities
PMI has 303 worldwide chapters. It serves more than three million professionals, which includes 650K+ members in 213 countries and territories around the world.
Such networking will further help you in your career growth which will bring enormous benefits to you. Do not forget you will also have international networking too.
Once you clear the PMP exam, you will get to know other PMP certified professionals from your region and many more PMP aspirants.
Conclusion
There are many other certifications available today. Each one has its own place in the industry but PMP, by far is the most popular one. It has stood the test of time.
PMP certification has immense value in today’s job market and we think it will only increase in foreseeable future. We would suggest you should prioritize PMP over other things and take the exam soon.
35 contact hours of project management education is not only mandatory for applying to the PMP exam but it also helps in PMP exam preparation.
You can start your certification journey by enrolling into our PMP certification training, which will help you to crack the exam in your first attempt. Our PMP training comes with 100% pass guarantee and unlimited trainer’s support. You can buy it for as low as $149.
Don’t Wait! Look to become a certified PMP in the next few months. The time does not stop for anyone.
Over to You
What do you think about PMP certification? Is it worth the time, effort, and money? Will it give you an advantage in your career?
Or, you have some other list of PMP certification benefits?
Please share it with us in the comment section below.
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This is very helpful to me. Thanks for sharing such a valuable blog. It will improve my knowledge of PMP…Keep sharing.
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Awesome post! Keep up the great work! 🙂
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A good read. Thank you for listing out the benefits of PMP certification. This certification is quite in demand. Organizations are keen to hire a certified professional versus a non-certified professional. So, it is the right time to get the PMP certification when the demand is quite high. It adds value to your profile and increases your earning capability up to 20 to 30% than a non-certified professional.
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The blog has very nice information and amazing facts to read. Thanks for sharing this post!
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Your article is very nice and informative thanks for sharing it
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Thanks for sharing such information. This is really helpful for me.
Thank you. Good luck.
Thanks for sharing such information. This is really helpful for me.
Thank you. All the best.