5 Amazing Benefits Of PMP Certification

by KnowledgeHut
27th Aug, 2016
Last updated on 28th Mar, 2019

Climbing up the career ladder is not easy and it takes a lot of hard work and patience. However, with a Project Management Professional (PMP) certification, things can become a little easier. A PMP certification can increase your salary dramatically and benefit your career. It improves your project management skills and makes you better at handling projects. Here are some of the benefits of earning a PMP certification:

Growth In Career

The PMP certification course is an internationally accredited one and is recognized by the entire global business community. Most big corporates look for PMP certified project managers and earning this certification would surely land you with a better job.

Everybody in the corporate world know the benefit of networking. When you become PMP certified, you’ll be in touch with people pursuing PMP certification courses and ones who are already PMP certified. You never know who might help you in getting a better job (and salary). The more people who you are in touch with in your field, the better it is for your career growth.

Enhance Your Skills

It’s not easy to get the PMP certification and you need to undergo rigorous training for the same. There is a also a significant amount of coursework involved. You get trained and educated in in five project management processes—planning, initiating, implementing, monitoring and controlling, and finally closing. In short, you learn A-Z of project management which you can implement in your company projects for better project execution.

Expand Your Marketability

A PMP certification can help reach to global organizations working in different parts of the world. It enhances your professional marketability to a great extent and legitimise your experience as a project manager. You’d also be in touch with individuals aspiring to take up the course and PMP certified professionals as already mentioned, through project management forums and discussion boards, helping you to master your expertise with their tips and knowledge.

Earn More

PMP certified project managers earn more than the non-certified ones. As soon as you get your PMP degree, you can command a higher pay and you can expect an immediate hike. Many surveys have shown that PMP certified project managers earn at least 20 percent more than the non-certified counterparts. Also PMP certified professionals have the capability to earn a six figure income.

Be A Project Manager Corporates Look For

Last but not the least, a PMP certification shapes you as an efficient project manager, though that depends on how seriously you take up your course. A project manager needs to take care a lot of things and all such aspects are covered under this certification course.

Project managers might need to train others and evaluate team members and even potential employees. A PMP certification gives you the skills and knowledge required to handle such situations as well.

The benefits of PMP certification are many and not just limited to these five. No matter what your field is—commerce, finance, research, telecom, technology, or business, a PMP credential is a ideal bet for professionals looking for better job opportunities and is your stepping stone to new markets, new industries, and even new countries.

The lengthy exam process and hefty exam and course fee might demotivate you for taking it up, but your money and time (and of course effort) is worth it as the returns you get is way beyond you can think of.

KnowledgeHut

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KnowledgeHut is a fast growing Management Consulting and Training firm that is a source of Intelligent Information support for businesses and professionals across the globe.

Website : https://www.knowledgehut.com/

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2 comments

Why It’s Worth Becoming A Certified Project Management Professional. - KnowledgeHut 31 Dec 2016

[…] A Certified Project Management Professional course has been one of the most debated arguments in the field of management. Getting a PMP certification is not easy- it requires strenuous hours of dedication and experience, which is one of the reasons it has been ignored by the masses. There are more benefits of PMP certification […]

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Amber 31 May 2018

I find your opinion quite interesting, really helpful for PMP Certification Exam

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Their duration is from 20 to 50 hours for the entry-level PRINCE2® Foundation level, two to three days for the PRINCE2® Practitioner and Professional levels.The first level can be studied online. You can take your own time in scheduling your studies according to the time table. However, if you desire to finish your qualifications at a quicker pace, then there are a host of bundled packages having different classifications together.It assists you in shaping your career by getting better jobsHaving a PRINCE2® certification adds credibility to your CV. It is a renowned international product which has the quality method for managing any project. According to Arras People's 2011 survey, half of the people who opted for the same have certifications in PRINCE2®. This clearly explains why so many companies are hiring candidates who are certified in PRINCE2®.The 2016 AXELOS PRINCE2® survey shows that a majority of the surveyees, particularly from Germany and the Netherlands, felt that PRINCE2® certification is essential for a better career growth. The ones to opine otherwise stood at less than 10% of the total votes.A better future is accomplished by continuously being equipped with the best of the upgrades available and a PRINCE2® certification is one of those top-tier choices.It will qualify you to earn more moneyMany companies worldwide offer an average annual salary of around $42,380 to PRINCE2® Foundation certified candidates. Potential candidates could earn up to $66,206 after they complete their PRINCE2® Practitioner certification,So, being PRINCE2® certified helps you secure your financial benefits and career on a long-term basis.You will be open to more opportunities globallyIt is a fact. PRINCE2® qualifications are recognised and acclaimed globally. So, there is no doubt that it creates more opportunities for you globally.Did you ever dream of working abroad? If yes, then project management could be the ideal choice.What is the cost of the components of the certification?Whether it is PRINCE2® Foundation or PRINCE2® Practitioner, the total cost is split into various segments and varies from country to country and from one accredited training organisation to another. All the fees mentioned here have approximate values and may be subjected to change depending on the region.The components involved in the PRINCE2® certification cost are:PRINCE2® TrainingPRINCE2® examCost of Sample Examination papersStudy GuideMembership fee.Well, opting for a PRINCE2® course online means that the cost of your training component in PRINCE2® could be as low as under $300, considering that you go for a PRINCE2® Foundation & Practitioner Certification examinations bundle. Choosing this combination will give you access to the entire course lasting for a year. Some training providers offer such courses for just $60, provided you want to complete the same within a month. Generally, the Foundation examination could cost around $900 but you automatically would end up paying much less on the PRINCE2® certification if you get one of those bundled courses including both PRINCE2® Foundation & Practitioner Certification examinations.However, in case you think about attending a classroom training, then you may have to pay around $1000 for your PRINCE2® certification. A few of these PRINCE2® courses cover the cost of the PRINCE2® Foundation & Practitioner Certification examinations. So keep the cost of the PRINCE2® certification in mind if you are planning to go for PRINCE2® training. Moreover, take time to pay attention to the extent of course coverage, flexibility and the bundled services that are provided. This will help you cut down on the cost of PRINCE2® certification.PRINCE2® course onlineIf you go for a PRINCE2® course online, you will save a lot of money on the PRINCE2® examination cost. PRINCE2® course online for the Foundation level may cost you €450 or more, but the classroom session may cost €1000 or more. Speaking of PRINCE2® examination cost, you will be able to save quite a lot of money by going for the online course.And what about the future of PRINCE2® professionals?To determine if the PRINCE2® certifications are worth going for, you will need to have a look at the average salaries of the jobs targeted at PRINCE2® certified Project Managers.The average salary of PRINCE2® certified employees is around $85,000 to $90,000. A number of studies and surveys demonstrate the fact that PRINCE2® certified professionals earn more than their non-certified peers.You may start with the job role of a coordinator or an administrator, but you can rise up to a director’s position with the aid of a PRINCE2® certification.With the help of a PRINCE2® certification, you also become skilled in handling project delivery successfully, thus becoming an invaluable asset to your company.A PRINCE2® certification imparts knowledge on how to manage your resources on the project effectively. Moreover, you will be able to effectively take care of risks and hence aid businesses more.Axelos survey revealed that individuals feel that PRINCE2® Foundation & Practitioner Certification is an invaluable asset for them irrespective of their position.In a nutshell, if you compare the PRINCE2® foundation exam costs, your salary should range from $33,000 to $ 93,000. Hence you can justify the costs of learning PRINCE2® with the staggering salary. Like we mentioned at the beginning of this article, PRINCE2® certified professionals are in high demand in the major companies throughout the world.You will be a sought-after person when your peers and organisation become aware of your skills in project management.ConclusionAll the information and discussion shared above is just the tip of the iceberg of information about PRINCE2®. There are more to follow in our subsequent articles having every useful information that will help you choose your career options, especially when you are standing at the crossroads of selecting the appropriate one for your future.We wish you all the best on your journey to pursuing excellence!

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