PMP®: Knowing the Basics and More
Management is one of the most lucrative fields to pursue in today’s world. With managers being the staple for any establishment, firm, or industry, it can be argued that managers form the backbone of any industry making it work efficiently and deliver high-quality output.
It’s not uncommon to see a plethora of management courses and certifications that you can add to your resume, one of such certifications is that of PMP®. So, what exactly is PMP® and what is a PMP® course meant for? Is it something you should consider?
Let’s have a look and find out.
What is PMP®
Project Management Professional® or PMP® for short is an exam that certifies an individual as a Product Manager for a firm or company. The certification is a staple when it comes to product managers and is used globally in almost every industry. The PMP® certification offered by Product Management Institute (PMI) is the golden standard to measure the competency of Project managers across the world.
The certification proves your skills in areas like leadership, execution, time management,and much more. In a world filled with potential project managers, the PMP® certification helps to sort out the finest individuals that employers seek. It is also considered one of the best certifications you can get as a project manager.
Who is a PMP®
Someone who has aced the PMP® certification exam and acquired the certificate can be termed as a PMP® or Project Management Professional®. A Project Management Professional® has the responsibility to oversee the development and execution of ongoing projects at a firm or establishment.
A PMP®’s duties range from resource management to quality control in a developmental team. A PMP® is responsible for the successful initiation of a product to its delivery and everything in between, with a big focus on quality control and efficient time and resource management.
Growth opportunities as a PMP®
Project managers are the bread and butter of any industry as such is often met with high salaries. A PMP® certification takes it to the next level proving you to be one of the finest in skills that employers are desperately looking for, often resulting in increased earnings.
It is estimated that by the year 2027 there will be a need for approximately 88 million project managers, with 33% job growth from 2020 – 2025. Currently, PMP®-certified individuals are in high demand across industries like Defense, energy, healthcare, IT, and many more.
According to some studies, certified project managers on an average earn 30% more than their uncertified peers, with salaries ranging upwards of $100,000.
Conclusion
With demand being widespread across multiple industries and an increasing need for more project managers in the future, the PMP® certification opens a lot of doors for an aspiring project manager or someone looking for a career in management in general.
The certification process is simple and the exam can be taken from the convenience of one’s home, making it easy to get started. Although the exam is mostly experience-based it can help to opt for a PMP® course online.
