Introduction to PMP certification and PMI - Advantages and Overview

PMP Certification and PMI - Overview

In this module, you will learn about introduction to Project Management Professional (PMP) Certification and Project Management Institute (PMI), advantages of doing PMP certification, Eligibility requirement, Exam Specification, and many more.

What is Project Management Professional (PMP)?

The Project Management Professional (PMP)® is one of the industry recognized certification for every project manager. The Project Management Professional (PMP®) certification is perceived worldwide as one of the most important certifications for professionals in Telecom, IT and numerous different industries.

Leading of project done by PMP can be found in almost every country. So, PMP certifications is also known as global certification. PMP certified Project manager can work virtually in any location with any methodology.

As per survey, those with a PMP certification accumulate a more significant salary (20% higher on average) than those without a PMP certification.

At the point when more than 33% of their project managers are PMP-certified, organizations complete more of their projects on Schedule, on budget and meeting defined objectives. It means, employers can also get benefit as well with PMP-certified employees.

The PMP implies that you speak and understand the worldwide language of project management.

TOP 10 advantages of having Project Management Professional (PMP) certification

Project Management Professional certification provides project management knowledge at a global level. You can get most essential benefits which will help you to complete project successfully reaching its defined goals and objectives.

There are several more valuable advantages of doing a Project Management Professional Certification course. Here are few important benefits:

• You will be able enhance your project management knowledge and important skills
• You will be able to effectively manage team members which will help you to reach project’s goals
• You will be able to handle challenging project and sustain yourself as better project handler in global environment
• You will be able to track and improve performance of the project efficiently and effectively
• You will be able to increase probability of successful project’s completion.
• You will be able to add value to your resume highlighting high level project’s parameter if you are searching for better opportunity
• You will be able to make yourself recognized by global industries/ companies which will help you to get more better job opportunities
• You will be able to make higher income in comparison to Non-PMP certified professionals
• You will be able to communicate with global team members in common business language which will ensure that everyone stays on same page.
• You will be able to add PMP at the end of your name which boosts your confidence.

Who should do Project Management Professional Certification?

Any individual who wants to handle project effectively can go for PMP Certification course. Let’s predict out few major professionals who can go for preparation of project management professional certification.  

• Project expeditors
• Project Coordinators
• Project Associate
• Project Managers
• Operations Managers
• Program Managers
• Technical Managers

Eligibility Requirement for PMP Certification exam

Candidates must meet the prerequisites in one of the accompanying groups to be qualified for PMP certification:

Group A

• Secondary degree (high school diploma, associate degree or the global equivalent)
• 7,500 hours leading and directing projects
• 35 hours of project management education (35 hours PDUs)

Group B

• Four-year degree
• 4,500 hours leading and directing projects
• 35 hours of project management education (35 hours PDUs)

Top 6 objectives of PMP Certification Course

The main objectives of PMP certification course are:

• Effectively managing project using knowledge and skills provided by Project Management Body of Knowledge (PMBOK) Guide sixth edition
• Ideas to implement better project team management skill
• Implement effective risk response strategy for identified risks
• Prepare Work Breakdown structure and applying it
• Demonstrate project monitoring and controlling skills
• Carry out successful project’s closing meeting stakeholder’s expectations and requirements

PMP Examination Specification and Process

The PMP test depends on the PMP Examination Specification which depicts assignments out of five performance domains:

• Initiating (13%)
• Planning (24%)
• Executing (31%)
• Monitoring & controlling (25%)
• Closing (7%)

The exam consists of 200 multiple choice questions. Each question consists only one correct answer. Prometric computes the score dependent on 175 questions. 25 are pre-release questions, which are excluded from exam scoring. These questions are placed randomly throughout the exam.

Candidates who take the PC test get their results (pass or fail) immediately upon finishing. PMI additionally assesses proficiency levels in each project management process group in 4 levels. 

• Above Target
• On Target
• Below Target, and 
• Needs Improvement.

Examiners provide these results to the candidate on a score report after the examination. Candidates who take paper-based tests get their test results and score reports ordinarily inside about a month.

What is Project Management Institute (PMI)?

PMI is an acronym of stands for the Project Management Institute, and is a global not-profit professional membership association for project managers and program managers. PMI was started in 1969, and now serves more than 2.9 million professionals including over 500,000 members in 208 countries around the globe.

PMI is also the organization that oversees the documentation of the Project Management Body of Knowledge (PMBOK) within the PMBOK Guide.

The Project Management Institute is the organization provides following credentials as listed below, a globally recognized certificate that assures employers that a person is trained and qualified to manage projects. Most credentials must be renewed every three years.

• Certified Associate in Project Management (CAPM)
• Project Management Professional (PMP)
• Program Management Professional (PgMP)
• Portfolio Management Professional (PfMP)
• PMI Agile Certified Practitioner (PMI-ACP)
• PMI Risk Management Professional (PMI-RMP)
• PMI Scheduling Professional (PMI-SP)
• PMI Professional in Business Analysis (PMI-PBA)

 To maintain most PMI credentials, holders must earn Professional Development Units (PDUs), which can be earned in an assortment of ways for example, taking classes, attending PMI global congresses, contributing to professional research or composing and publishing papers on the subject.

PMP (Project Management Professional) is one of eight credentials offered by PMI.

Conclusion

Most hopefully, you would like this information. PMP certification is most important for the professionals who wants to build his/her career in handling challenging project more effectively on given timeline under specified budget.

The information provided above about PMP Certification and PMI are very important to understand who are already decided to appear in PMP certification examination. 

For more information, also visit:
 TOP 50 FAQs about PMP certification exam
 How to apply for PMP examination?

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