Benefits of the PMP Credential

Written by:  • Edited by: Michele McDonough
Published Nov 24, 2009
• Related Guides: Project Managers | Job Opportunities

This article discusses the various benefits involved in receiving your PMP credential. Are you considering getting PMP certified? This article is for you.

You've been to the PMI Institute's website and checked out the information on the different Project Management Professional (PMP) Credential requirements. You've seen that the exam process is lengthy, and that the fees for the exam can be hefty for an entry-level team member. All that set aside, you've heard that obtaining a PMP Credential can benefit your career. What are these benefits that everyone keeps talking about?

1. PMP Credentials Set You Apart

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If you've gone through the process of obtaining PMP Certification, you have a standardized knowledge set - and the credentials to prove it. When applying for a job against competitors, having the credentials in hand will put you ahead of those who do not.

2. Benefit Your Company with Exclusive Know-How

Because you will have gone through the certification process, you will have learned a standardized set of project management best practices to implement in your own company projects.

3. Command Higher Pay

PMP certified project managers receive an average starting salary of $90,000 a year. Conjointly, overall PMP credentials will gain you a 20% increase in salary over non-credentialed project managers with similar qualifications.

4. Networking Potential

When you earn your PMP credential, you will be in touch with others working hard to pass the PMP credential exam. Moreover, you will be put into contact with those already holding PMP certifications. You never know who might help you obtain your next job - the more people in your field you make contact with, the easier it will be to get the job you want when it's time to move on.

5. Helps You to Train Others

Because you will have the specialized training obtaining a PMP credential requires, you will be better able to teach others the tools of project management.

6. Helps You to Evaluate Potential Employees and Team Members

Let's face it, we've all had teams that for whatever reason do not work together as a cohesive group. By obtaining a PMP certification, you will have learned valuable skills that will in turn help you to evaluate whether or not that potential team member will be able to work well with everyone.

7. Provides you with Greater Job Opportunities

Like every profession, in project management, there will be job opportunities only available to those with PMP certification. In fact, there are about 20% more openings than there are credentialed employees available - that sounds like good odds to me. How does it sound to you?

8. You Will Have More Efficient Projects

Because having a PMP certification hands you a set of tools to utilize in building efficient projects, you can improve the efficiency and productivity in all your project experiences.

9. Gain Invaluable Experience

Because you must work through various situations you may not be familiar with in your own work environment, you will gain experience on how to solve complex and diverse project problems.

10. Make a Career Switch

If you've been looking to make a career switch, PMP credentials can help you to do that. By gaining a credential where you might lack years of experience, you can start at the gates with a higher position and salary than otherwise you would be capable of.

11. Challenges You

Honestly, finally getting that PMP certification will not be the easiest thing you will do in your career -- but it will challenge you in a good way. You will gain self-confidence, knowledge, and connections you wouldn't otherwise have.


Comments

Showing all 5 comments
 
zeid Apr 5, 2011 3:12 AM
PMP
this ertificate not good for small buisness and the information u obtained in courses can learned from ur job in 3 monthes without pay mony

life be better
Jason Hudnall, ... Dec 22, 2010 10:48 PM
RE: Benefits of the PMP Credential
I have been a Project Manager for over 10 years now, have a Master's certificate in Project Management, and currently prepairing for my PMP test. I would have to agree with Dhirendra. Try not to spend so much time weighing what this credential has done for you but more time using the knowledge you have garnered through your studies and preperation. The time you are spending in you position now is experience. I was recently downsized and this have given me the time to take care of some unfinished business/goals (obtaining my PMP). The really nice jobs that are out there are asking for someone with their PMP credentials. I have been held back from top companies for a long time due to this. Be positive, use the skills you have learned, and stand out trough managing your projects efficiently. The opportunity will come but you may never notice if you are caught up in the distractions, some of which you are creating...
Dhirendra Aug 3, 2010 1:22 AM
RE: Benefits of the PMP Credential
Hi,

Just don't get into evaluating the certification vis-a-vis the job it can get you overnight, or the monetary benefits it can bring you over an hour. Think long term. Think about the good feeling it brings to you and how this can translate into confidence. And motivation. If you are confident and motivated, you can change the world, for the good.

Please don't get too materialistic seeking benefits. If you have not benefitted from a certification, you have failed the certification, not the other way round that you claim.

I wish you wisdom. I'd wish, and hope, you grow up.

Dhirendra Mishra, PMP
N. Gopi Krishna Mar 23, 2010 3:21 AM
Re: RE: Benefits of the PMP Credential
My opinions exactly!!! I have been a PMP for more than an year and a half now and it has not given me one penny of advantage.

In fact it has become a drawback. My ego makes me look only for a PM role where as, hiring managers simply ignore the certification and say "you need more experience before we make you a PM". I am wondering if I have wasted my time with PMP credential.
Deb Dec 4, 2009 7:45 AM
RE: Benefits of the PMP Credential
Ronda,

I do agree wth you on almost all points, except !

When you are changing industries post obtaining your PMP, it's very challenging......though I thought obtaining the PMP would open many doors ... it's unfortunately doesn't......probably due to the lack of awarenessof hiring managers fromvarious industries.......

Also if you are planning to begin your journey post PMP, I have not found the going very smooth....

The hiring managers demand the earth and then keep delaying the decision.....

I feel, just obtainig the PMP credential is probably 25% of the battle won and the rest depends on the whims and fancies of the hiring managers .......

Though i would like to be very positive about the value of the PMP, the current market scenario suggsts otherwise.........

My 2 cents
 
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