If you want to work in the field of project management, you’ve undoubtedly heard of the term “PMP certification.” But do you know the PMP definition? The Project Management Institute (PMI) offers the Project Management certification, which is highly valued. PMI launched its initial PMP certification program in 1984, and the field of project management has advanced immensely. According to PMI, there are over one million PMP holders worldwide, spread across 214 countries.
PMP holders can manage the majority of high-performing projects. Companies with a higher number of PMP certification holders experience greater success in various projects. Furthermore, the PMP is one of the highest-paying certifications in the world. In this blog, we’ll look at the PMP definition, explain its importance, and offer advice to beginners considering this certification. So, let’s get started!
Make sure to check: How Much IIBA Certification Cost? In Detail
PMP Definition: A valued Project Management
PMP Definition: The PMP values those who excel at handling the people, processes, and company objectives related to business projects. The PMP is offered by PMI, the leading authority on project management in the world, in order to recognize project managers who have proven their project leadership experience and proficiency in any form of work.
To obtain the PMP certification, a project manager must first meet specific standards and then pass a 180-question exam. The PMP exam was designed by project managers for project managers, so each test question can be related to real-life project management situations.
PMP Certification Requirements
You must authenticate your education and project management experience before taking the exam. These are the following:
- 35 hours of project management training, which means coursework that particularly addressed project management learning objectives. This can be replaced by the Certified Associate in Project Management (CAPM) credential.
- If you only have a high school diploma or an associate degree, you must have 60 months of project management experience.
Or If you have a four-year degree, you must have 36 months of experience.
How to Obtain the PMP Certification
The following is a step-by-step path to obtaining your PMP certification.
1. Fulfill the requirements for PMP certification:
You must first ensure that you are eligible to take the PMP exam. You will require either:
- If you have a four-year degree, you must have 35 hours of project management course instruction and at least 36 months of project management experience.
- If you only have a high school diploma or an associate degree, you must have 60 months of project management experience.
Or If you have a four-year degree, you must have 36 months of experience.
2. Apply:
Create an account with PMI and begin working on your PMP exam application. This will require disclosing basic biographical information such as your school history as well as specifics about the projects on which you have worked.
You will pay the exam fee and arrange a test after you have been accepted.
3. Prepare:
This is the time when you prepare for the exam, either through coursework or independently. Several exam prep services recommend studying for 60 to 120 hours. Depending on how frequently you study, this can take many months.
4. Take the PMP exam:
The exam can be taken at a testing center near you or online. The exam takes just under four hours to complete.
5. Maintain your certification:
The PMP certification is valid for three years. To keep it, you must spend 60 hours each year on professional development activities. Otherwise, you can retake the exam.
What is The Cost of PMP Certification in Canada?
PMP certification exam fees in Canada, training fees, materials fees, and certification renewal fees are the key components of the PMP certification charge. Aside from the exam price, fees may differ per country. The PMP certification exam costs around CAD 694 in Canada, while training prices range from CAD 375 to CAD 2500.
Online training costs only CA$375, however live training can cost up to and occasionally more than CA$2500. Let us go over the numerous PMP costs in Canada, which will be quite beneficial to you, especially if you reside and work in Canada. A PMP certification course in Canada will help you advance your education.
Top Benefits of PMP Certification
A PMP certification provides professionals with good job options. Furthermore, it enhances your project management skills and demonstrates your capacity to manage difficult tasks.
The following are the top benefits of PMP certification:
Globally Recognized
A PMP certification allows you to communicate in the worldwide language of project management. It is universally recognized and approved, saving you the trouble of learning new techniques when operating in other parts of the world. Your skills will be useful all around the world.
Better Pay than Non-Certified Project Managers
When you look at the various career prospects on the market, you’ll see that many of them demand or prefer a certified professional. A PMP certification offers value to your job in terms of development and compensation increases. When compared to non-certified project managers, you are more likely to receive a raise with a PMP certification.
Help You Become a Better Project Manager
You would have a better understanding and skills to handle projects after undergoing rigorous training and assessment. The project management credentials will assist you in learning and using all of the most recent project management technology. Knowledge of project management tools, concepts, and methods will help you become a better professional. It gives you the appearance of an expert.
Get Awarded For Better Project Management
A PMP certification will make you an expert in established procedures and will help you improve your project delivery skills. With a better understanding of project management, you will be more effective in completing projects efficiently and on time, earning the respect of your superiors. You might also obtain the raise you deserve.
It looks fantastic on the CV
Certifications look great on a CV. It emphasizes your eagerness to learn and the talents you gained while learning. The same is true for PMP certification. A PMP certification enhances your CV and makes you more potential employers all over the world. It will significantly strengthen your CV and make you a good candidate when the time comes for a new job.
Conclusion
Being different is essential in a competitive employment market. PMP certification not only distinguishes you but also provides you with the information and abilities required to flourish in project management. Whether you are a fresher or an experienced professional, PMP certification will surely improve your employment prospects.
You may also check: PMP Certification Edmonton: The Most In-Demand Course in 2023
Frequently Asked Questions
Project Management Professional
A PMP-certified project manager earns 20% more than a non-certified project manager.
To qualify, you must have some project management experience and education.
PMP certification raises one’s credibility, skills, and professional prospects.
Yes, the PMP certification is recognized and respected all across the world.
Yes, the PMP is in high demand across industries. Wherever there are projects, there is a demand for qualified and skilled project management experts. As the world becomes more connected and industries grow and expand, this demand will continue to rise.
