PMI® has member chapters in over 80 countries around the globe, including Malaysia and offers eight different project management certifications “that recognize knowledge and competency.” One of the professional certification it offers is the Project Management Professional (PMP)® certification.
This PMP® certification is described by PMI® as “the gold standard of project management certification” that “validates your competence to perform in the role of a project manager, leading and directing projects and teams.”.
Why It Pays to Be PMP Certified
i. Organizational Benefits of PMP expertise
According to PMI’s® Pulse of the Profession 2015 study, in organizations where at least one-third of project managers are PMP® certified, a greater number of projects are completed on time, within budget, and within scope. Additional studies provide supporting evidence that high performance and success may be directly linked to employing PMP® certified project managers. In a separate study, it was found that having PMP® certified professionals managing projects led to a higher percentage of projects meeting original targeted objectives across a broad range of industries. The studies conclude that project success rates tend to be associated with the project manager’s qualifications and experience. PMP® certification is seen as an indication of potential success and remains the most recognized project management certification worldwide.
ii. Demand for PMP expertise
According to Earning Power: Project Management Salary Survey, Ninth Edition, “PMP® certification holders earn 20 percent more than their non-certified peers.” In addition, most companies hiring project managers tend to give preference to PMP® holders when hiring for potential project managers. This demonstrates the level of confidence of employers towards people who have this highly acclaimed professional qualification. PMP® is one of those credentials whose reputation precedes them, recognized and sought-after the world over (there are more than 760,000 PMP® certified professionals worldwide as of May 2017). Achieving the PMP® certification helps professionals demonstrate and showcase their skills and expertise to potential employers across the globe.
Requirements for PMP® certification
In order to apply to become a PMP®, you must document having attended 35 hours of project management education and complete and 4,500 hours leading and directing projects if you have a bachelor’s degree. PMI® randomly selects applications for audit to ensure that the experience and education you reported can be verified. The PMP® exam consists of 200 multiple choice questions and must be completed within four hours. To maintain your PMP® certification, you must earn 60 professional development units (PDUs) every three years
Attending the 35 hours of project management education is important step. It helps by attending a PMP® course from a training provider that is recognized by PMI®. Sharma Management International is accredited by the PMI® as a Registered Education Provider, Global— the highest possible accreditation that a project management program provider can receive. This accreditation is granted to training centres that provide the most comprehensive project management based education that integrates the best practices for managing projects as outlined by PMI®, the foremost association of project management professionals.