More over PMP Certification offers global recognition and acknowledgement for your project management talent and skills and multiples your earning potential, on an average a certified and well experienced professional can earn more than 1 Lakh USD per annum in the USA. A PMP Certified professional attains a greater market reach and higher exposure. Current PMBOK edition.
There are always online special forums and webinars to upgrade your knowledge and keep it in sync with the latest, even if you are certified, and that helps in renewing your certification every 3 years and keep you afloat. One always gets better job opportunities than the other once certified. As per the Price Water House Coopers analysis almost 80% of critical and high value in terms of money and performance projects deploy certified PMP professionals. What is the latest PMBOK edition?
More Data & Plus Points of PMP
Also as per the PMI Pulse of the profession data companies with more than 35% or more PMP Certified professionals have showcased much higher and better performance than the rest of Non PMP people. PMP Certification provides hands-on verification and validation to one’s merits and credentials as the eligibility criteria itself demands both work experience as well as completing the mandatory training sessions and study post training. How to verify PMP certification?
PMP Certified candidates showcase much better performance of the projects. On the basis of getting trained on the latest topics and modules and covering case studies to understand the real world situations and occurrences. In turn there is better clarity to human resource or hirers or recruiters. You merits and credentials showcased offer to attract headhunters from around the world. PMP certification pass rate.
Since PMP is applicable to all industries not just IT, one can always make a choice to work outside a specific industry and give it a shot to other industry domains where you really wanted to work. PMP Certification should be treated as an investment for your future rather than looking upon it as a needless expense. This mindset will make you take right decision and open an ally to success in your career growth and associated salary hike. One positive aspect about having PMP Certified Professionals are secured evn in recession and economic downfall to a major extent. PMP fees.
PMI is a not-for-profit organization and obviously has the first right and say on all project management related certifications around the globe. As per the current syllabus there are 5 basic steps of project management.
Initiation – it’s the first and foremost step of project management and includes defining the project, identify the stakeholders, and find out project feasibility.
Planning – this step includes preparing outline of the project, it also involves cost of projects, the hierarchy of tasks and events, communication and co-ordination with stakeholders, various schedules, risks and budget aspect of project.
Execution: The execution stage is where the project plan is evaluated and the actual work of execution in other words, putting the project plan into action begins. This phase you need to start carefully as planned and ensure you are not drifting from the planned.
Monitoring and Controlling: This is a combined phase which consists of maintaining and / or tracking the progress of project and keep comparing it with plan if it’s going accordingly. In this phase its critical to carry out quality control checks through this entire phase.
Closure: This is the last and most important phase of the project stages, where all your hard work needs to be executed properly, this phase consists of delivering the product to the customer and expecting their feedback on it. Closure phase also requires to evaluate that all the steps in the projects were executed as discussed and planned with clients and stakeholders.
Project Management Professional (PMP) certification will give you dual benefit of increasing your skillset for the advancement in your career and it will also better the performance of the project. As per the above reputation of PMP by this time you must have realised why one should take up PMP Certification as part of his career growth, salary hike and satisfaction to deliver the product with its best performance. PMP difficulty.
PMP is merely a 3 letter word but it’s a buzz word for the recruiters as everyone of it keeps searching for it in resumes to check if one has done it. It can be considered as a community who has been pitching in and putting in over the years their expertise to form the principles, processes and best practices across domains for project management, which is by the way a very difficult thing to do as it requires so much visionary person and analysis and thorough study on each of the domain knowledge. PMP fee.