A project management professional or PMP certification is recognized all over the world as a qualification to handle various types of tasks in any industry. The training equips you to take charge of all the aspects of a project life cycle from initiation, planning, executing, monitoring, and closing using a standardized approach. It also teaches you about new principles that arise due to the integration of technology in the workplace.
Many governments, businesses, and other organizations prefer to employ project managers with a PMP certification because they are more likely to initiate and complete a project successfully.
These are the benefits you gain from completing a project management professional training course:
1. Credibility Boost
A PMP certification equips you with the skills and knowledge that you need to become a successful project manager. With this qualification, your boss can trust you to perform your tasks well using what you’ve learnt in training. You can also teach others about the principles you gained and how it can be applied to your particular field of specialization.
Here are project management knowledge areas that you learn when you complete the program:
- Project Scope Management – This process ensures that you include all the work necessary to achieve your objectives. Generally, it’s about determining and controlling the things that should be done and the ones that can be left out.
- Project Schedule Management – Every project has a deadline and having a realistic schedule that you can stick with can have a positive impact on the completion of the task at hand.
- Project Cost Management – With this tool, you control the budget to make sure you don’t spend company resources on unnecessary processes. It encompasses planning, estimating, financing, funding, and controlling costs associated with the project.
- Project Quality Management – Project quality management is a process that ensures all activities conducted for the project are effective and efficient.
- Project Risk Management – Risks are defined as uncertain events that have a positive or negative effect on the project when they occur. As a project manager, you must be able to identify vague situations involved in the task, analyze and evaluate the probability that they’ll happen, and monitor the factors that may lead up to the risks.
2. Career Growth
Having this certification under your belt increases the likelihood of promotion since you have a set of skills that set you apart from your colleagues. You can go through training even while working full-time simultaneously. Most schools such as Edwel Programs and PMTI have a variety of courses like the PMP Boot Camp which only takes four days or online classes so you can learn remotely.
If you’re aiming to move up with your career, you need to invest in yourself. This means allocating time and resources to learn new things that you can use for the job that you’re aiming for.
Your marketability is your attractiveness to potential employers or clients. Your professional experience, knowledge, and skills are the tools that you have to climb up the corporate ladder. Earning a PMP certificate sets you apart from other candidates for a particular job, especially for senior-level and managerial positions.
Moreover, becoming a certified project management professional doesn’t only increase your marketability in your area. It is internationally recognized so it can open up opportunities for you to work in other countries. Whether you’re a marketer or a financial analyst, which are two profitable careers of the future, you can apply for those positions with confidence.
4. Networking Opportunities
Aside from equipping you with skills and knowledge on handling various types of projects adeptly, joining PMP training also introduces you to like-minded people who are serious about their professional development. You can broaden your network and establish connections with your classmates and instructors.
5. Higher Pay
Of course, as with any investment, you can expect a return when you complete the PMP program. While it’s not a guarantee that your boss will immediately increase your pay, it can be a contributing factor. It’s highly likely that you may be asked to handle more responsibilities and you should be paid for the additional tasks you’re charged with. A PMP certified professional could receive as much as 111,000 USD annually which is significantly high compared to a non-certified manager’s yearly salary of 91,000 USD.
A PMP certification is beneficial to employees, consultants, and business owners because it teaches you how to organize projects and work through limitations on resources. Developing your skills and gaining more knowledge contributes a lot to your career through promotions and more challenging responsibilities that lead to your personal growth as well.