Why is the PMP certification important?

Why is the PMP certification important?

Having the PMP certification provides you with a certain level of prestige and greater access to jobs with higher salaries. According to Earning Power: Project Management Salary Survey, Ninth Edition, “PMP certification holders earn 20 percent more than their non-certified peers.”

Is PMP certification still relevant?

The full PMP certification would still be appropriate for any project managers who plan to specialize in traditional plan-driven project management. However, that depth of knowledge in plan-driven project management should not be needed for someone who wants to develop an integrated Agile Project Management approach.

Is PMP certification rare?

The pass rate for the PMP exam is roughly 65\%, so be sure to schedule well in advance and take the test preparation process very seriously!

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Is PMP certification worth it for project management?

PMP certification can also be extremely valuable if you plan to advance in the current company you are working at. It puts you way ahead of your colleagues in terms of moving up the career ladder. Also, a certified manager can do much better in a gruelling project management interview than a non-certified one.

How much does it cost to get PM certification?

These include the cost of PM training sessions, preparatory books, sample questions etc. Considering all these, one needs to spend at least 750 USD to gain this certification. Yet, almost all the experts agree that this cost is nothing compared to the career growth that one can have through this certification.

What are the benefits of being a certified project manager?

Furthermore, certified project managers also earn higher annual salaries compared to non-certified project managers. In fact, studies show that certified project managers earn an average of 20 percent more each year than non-certified project managers.

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Do I need to be a PMI member to take the exam?

Hence, it is highly suggested that you become a member of PMI before registering for the exam. Additionally, if you fail in your first attempt and want to retake the exam, you need to pay 275 USD if you are a PMI member and 375 USD if you are a not a PMI member.