{"id":18805,"date":"2021-04-29T00:00:00","date_gmt":"2021-04-29T05:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/how-valuable-is-the-pmp-certification\/"},"modified":"2021-04-29T00:00:00","modified_gmt":"2021-04-29T05:00:00","slug":"how-valuable-is-the-pmp-certification","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/how-valuable-is-the-pmp-certification\/","title":{"rendered":"How Valuable is the PMP Certification?"},"content":{"rendered":"<p> <!-- .post-meta --><\/p>\n<div class=\"et_pb_section et_pb_section_0 et_section_regular\">\n<div class=\" et_pb_row et_pb_row_0\">\n<div class=\"et_pb_column et_pb_column_4_4  et_pb_column_0 et_pb_css_mix_blend_mode_passthrough et-last-child\">\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left  et_pb_text_0\">\n<div class=\"et_pb_text_inner\">\n<p>With over 750,000 professionals with <strong>Project Management Professional (PMP) certification<\/strong> across the world, the popularity of the diploma is clear, but what exactly is a <strong>PMP certification<\/strong>? The short answer is that it is a professional certification offered by the&#xA0;<a href=\"https:\/\/www.pmi.org\/certifications\/types\/project-management-pmp\">Project Management Institute<\/a> (PMI). According to <a href=\"https:\/\/www.pmi.org\/learning\/careers\/job-growth\">research from PMI<\/a>, the project management industry only stands to grow in the 2020s. Consider the following <a href=\"\/a-project-management-career-is-it-right-for-you-2\">project management career<\/a> statistics:<\/p>\n<ul>\n<li>The project management-oriented labor force in seven project-oriented sectors is predicted to grow by 33 percent by 2027. That&#x2019;s 22 million new jobs.<\/li>\n<li>By 2027, employers will need about 88 million individuals to fill project management roles.<\/li>\n<li>Talent shortages in project management can create risks of up to US$208 billion in GDP in 11 countries through 2027.<\/li>\n<\/ul>\n<p><img class=\"lazyload\" title=\"PMP Certification Online\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2017\/03\/trophy.jpg\" alt=\"PMP Certification Online\" height=\"400\"><\/p>\n<p>In other words, demand for <strong>project management professionals<\/strong> (PMPs) is growing.<\/p>\n<p>The need for more PMPs doesn&#x2019;t necessarily mean there&#x2019;s no competition, however. It&#x2019;s natural for aspiring project managers to want to look for ways to differentiate themselves in the job market, and getting a<strong> PMP certification<\/strong> from the Project Management Institute is one of the most effective ways to do that. While there are many more PMP-certified project managers today than there were just a few years ago, a <strong>project management professional certification<\/strong> is still a mark of distinction.<\/p>\n<p>If you&#x2019;re wondering whether getting a <strong>PMP certification<\/strong> will improve your prospects, it&#x2019;s important to understand what you&#x2019;ll need to do in order to earn one, and weigh the time and effort against the potential benefits in salary and opportunities.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.planview.com\/how-valuable-is-the-pmp-certification\/#Whats_Involved_in_Getting_a_PMP_Certification\" >What&#x2019;s Involved in Getting a PMP Certification?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.planview.com\/how-valuable-is-the-pmp-certification\/#What_Benefits_Can_You_Expect_with_PMP_Certification\" >What Benefits Can You Expect with PMP Certification?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.planview.com\/how-valuable-is-the-pmp-certification\/#So_is_PMP_certification_worth_it\" >So, is PMP certification worth it?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Whats_Involved_in_Getting_a_PMP_Certification\"><\/span>What&#x2019;s Involved in Getting a PMP Certification?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Perhaps the most important thing to understand about the <strong>PMP certification<\/strong> process is that it isn&#x2019;t intended for new college graduates or other project management rookies. Instead, it&#x2019;s designed for those with substantial experience in the project management field who want to advance (not start) their careers.<\/p>\n<h3>Project Management Professional Certification Requirements<\/h3>\n<ul>\n<li>At least three (3) years of professional experience, including at least 4,500 hours of direct project management experience. (For applicants without college degrees, it&#x2019;s five (5) years of experience and at least 7,500 hours managing projects<\/li>\n<li>35 hours of specialized project management education<\/li>\n<li>Passing scores on a 200-question multiple choice exam, which comes with a fee in the $400-$600 range depending on the applicant&#x2019;s country of residence<\/li>\n<\/ul>\n<p>Once you&#x2019;re certified, you&#x2019;ll need to earn professional development units every three years to maintain your PMP status. Depending on how you earn your development units, maintaining your certification can be a fairly expensive process in itself.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Benefits_Can_You_Expect_with_PMP_Certification\"><\/span>What Benefits Can You Expect with PMP Certification?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While earning a PMP is no easy task, most project managers find that the benefits outweigh the costs. We&#x2019;ll explore a few below.<\/p>\n<h3>Higher Salary<\/h3>\n<p>In most cases, your earning potential will increase significantly once you can put &#x201C;PMP&#x201D; after your name&#x2013; in fact, a recent<a href=\"https:\/\/www.pmi.org\/about\/press-media\/press-releases\/global-survey-reveals-pmp-certified-project-managers-earn-20-percent-more\"> PMI project management salary<\/a> survey indicated that certified project managers make an average of 20 percent more than their non-certified counterparts.<\/p>\n<h3>Better Opportunities<\/h3>\n<p><strong>PMP certification<\/strong> will also put you in the running for higher-profile and more interesting projects, and can improve your chances of getting hired by one of the increasing number of organizations that consider<a href=\"\/how-to-become-a-project-manager-education-training-experience\"> certification on a resume<\/a> a prerequisite for a project management role.<\/p>\n<div id=\"content-cta\">\n<div id=\"content-cta-text\">Increase your business agility with Planview AdaptiveWork&#x2019;s project management software<\/div>\n<div id=\"content-cta-button\"><a href=\"https:\/\/www.clarizen.com\/resource\/product-tour\/?refer=blogpost\">Take a Product Tour<\/a><\/div>\n<\/div>\n<h3>Improved Skill Set<\/h3>\n<p>In the long term, the biggest benefit of certification may show itself in your own job performance. The knowledge you gain by studying for the PMP exam, and by earning your ongoing professional development units, will make it easier for you to lead your teams through complex projects. Chances are, building a reputation as someone who can be trusted with highly visible, mission-critical projects will do more to improve your earning potential and career opportunities than earning the certification itself.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"So_is_PMP_certification_worth_it\"><\/span>So, is PMP certification worth it?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the end, figuring out whether the <strong>PMP certification<\/strong> is worth it depends on your unique circumstances. But a little information goes a long way. To learn more about project management as a career, keep exploring <a href=\"https:\/\/www.clarizen.com\/\">the Planview AdaptiveWork blog<\/a>.<\/p>\n<\/div>\n<\/div>\n<p> <!-- .et_pb_text --><\/p>\n<div class=\"et_pb_code et_pb_module  et_pb_code_0\">\n<div class=\"et_pb_code_inner\">  <\/div>\n<p> <!-- .et_pb_code_inner --><\/div>\n<p> <!-- .et_pb_code --><\/div>\n<p> <!-- .et_pb_column --><\/div>\n<p> <!-- .et_pb_row --><\/div>\n<p> <!-- .et_pb_section --><\/p>\n<div class=\"client-logo\"> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Siemens Energy\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png\" alt=\"Siemens Energy\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"IIROC Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/07\/IIROC_logo-200x100.gif\" alt=\"IIROC Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Financial Services Institution\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/04\/FINANCIAL-SERVICES-IMG-200x100.jpg\" alt=\"Financial Services Institution\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"M Squared\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/03\/m-squared-logo-200x100.jpg\" alt=\"M Squared\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Aliancys Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/12\/aoc_aliancys-logo-800x400-200x100.jpg\" alt=\"Aliancys Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Bonfiglioli Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/bonfiglioli_logo-800x400-200x100.jpg\" alt=\"Bonfiglioli Success\"><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>With over 750,000 professionals with Project Management Professional (PMP) certification across the world, the popularity of the diploma is clear, but what exactly is a PMP certification? The short answer is that it is a professional certification offered by the&#xA0;Project Management Institute (PMI). According to research from PMI, the project management industry only stands to&#8230;<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[],"class_list":["post-18805","post","type-post","status-publish","format-standard","hentry","category-pmo-project-management-organizations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Valuable is the PMP Certification?<\/title>\n<meta name=\"description\" content=\"What exactly is a PMP certification? 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