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All You Want To Know About PMP Certification In 2020

Project Management Professional (PMP) certification is an industry-recognized credential for project managers. PMP demonstrates the experience, education, skill, and competency required to lead and direct projects. PMP is the most sought after certification administered by the Project Management Institute (PMI), USA.

What is the PMP Certification?

Wherever you are in your career, the globally-recognized Project Management Professional (PMP) certification tells employers, peers, and the world you know what you’re doing in project management.

Even if “project manager” isn’t part of your title, the PMP applies to anyone who helps bring a project to completion. Just like a CPA validates expertise for accountants, the PMP recognizes your ability to manage projects—and the hard work you’ve done so far.

There are more than 1,000,000 PMP certification holders worldwide. They’ve earned universally recognized knowledge

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Why the PMP?

The PMP delivers value far into your career. CIO magazine ranked the PMP as the top project management certification because it proves you have the specific skills and experience employers seek. Certified PMPs report earning up to 25% more than non-certified project management professionals.

Source: https://www.pmi.org.in/

The proficiency earned in PMP certification can be applied across industries and geographies at the time of the practical application. PMP credential is not just limited to a single standard, methodology, or organization.

Getting PMP training and certification opens up a wide variety of opportunities in your career prospects. This certification gained wide recognition in numerous industries including IT, aerospace and defense, utilities, telecommunications, manufacturing, and banking & finance and the list goes on.

Benefits of PMP Certification

PMP serves as an unprejudiced endorsement of your Project Management knowledge and professional experience at a global level. Its benefits include high market value, increased credibility, and in many cases, higher pay.

Given below are different views expressed by PMP credential holders on the career benefits they could see from this certification.

Here are the top reasons why PMP certified people are in high demand;

  • PMP Certification, not Limited to one industry
  • PMP Certification help you Gain Industry Recognition
  • PMP Certification, not Limited to one industry
  • PMP Contributes to Land you Higher Salary
  • PMP Training Improves Your Skills
  • Provides Networking Opportunities

 

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Market Demand For PMP Certified Project Managers

Through the decade ending in 2020, 15.7 million new project management roles will be created. The profession is expected to grow by US$6.61 trillion. Now is the time for professionals and job-seekers to build project management skills, as demand for these skills outstrips supply.

In the United States, this growth will mean:

  • Rising salaries
  • Growth in the project-intensive sectors of manufacturing, business services, finance and insurance, oil and gas, information services, construction, and utilities

In 10 countries (Australia, Brazil, Canada, China, Germany, India, Japan, Saudi Arabia, United Arab Emirates, and the United Kingdom) with established or quickly developing project-intensive sectors, project management roles are expected to grow by 13.4 million through 2020.

Image Source: https://www.greycampus.com/

Salary For PMP Certified Professionals

The Average Salary In the USA for PMP: $106,000

The Average Salary In India For PMP: INR 2000,000 (20 Lakhs)

Source: https://www.payscale.com/

About Project Management Professional (PMP)® Certification

The PMP is the gold standard of project management certification. Recognized and demanded by organizations worldwide, the PMP validates your competence to perform in the role of a project manager, leading and directing projects and teams.

The PMP® Exam is Changing 2 January 2021.

PMI has decided to extend access to the current PMP exam until 31 December 2020, and postpone the launch of the new exam until 2 January 2021.

This postponement will provide candidates with additional time and access to training resources to help them prepare and sit for the exam confidently.

To learn more about this change directly from PMI®, please visit this page;

https://www.pmi.org/certifications/types/project-management-pmp/exam-prep/changes

New PMP Exam Content Outline

New PMP Exam Reference Materials

Prerequisites
  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 60 months of project management experience
  • 35 hours of project management education OR CAPM certification

— OR —

  • Four-year degree
  • 36 months of project management experience within the last 8 years
  • 35 hours of project management education OR CAPM certification

The PMP Exam is Available Online!

You can now take the PMP Certification Exam online from your home or office, 24/7.

Steps To Follow For Certification

Step One: Apply to Take the Exam

Validate your project management experience and education

Step Two: Take the Exam

What to expect on the big day and how to prepare to pass

Step Three: Maintain Your Certification

Engage in continuous professional development in order to remain certified

PMTraining Live PMP Classes

Exam FeeMember: US$ 405.00

Non-member: US$ 555.00

Become a member and save up to $150 or more on your certification exam fee.

Apply for PMP Certification

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