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Irrespective of the type of the industry, Project Management is an integral factor which decides the success or the failure of a project. With time, organizations across the globe are looking for professionals who are not only talented and experienced but also hold relevant certifications. There are ‘n’ number of certifications available which can put you in the bracket of certified professionals. Through this blog, I will be specifically discussing PMP® Certification, which is considered to be the most prestigious certification among all.
Below are the topics, I will be discussing today:
Before embarking on your PMP® certification journey, let us take a look at few terms around which PMP® Certification is built.
PMBOK® Guide stands for Project Management Body Of Knowledge. It is the complete collection of processes, best practices, terminologies and guidelines that are globally accepted as standards and best practices within the project management industry. The first edition of the PMBOK® Guide was published in 1996. The latest is the 6th edition, which was realeased in March, 2018.
Every five to seven years, PMI performs a Role Delineation Study (RDS), which is particularly a global survey among the project management community to identify how day-to-day tasks of project managers have evolved since the last revision.
PMI stands for Project Management Institute. It is a not-for-profit professional membership association for the project management profession, based out of Pennsylvania, US. The primary role of PMI is to be actively engaged in the advocacy of the profession, conducting research, providing career paths, and setting professional standards for project management. PMI offers 8 professional certifications, with PMP®Certification being the most popular one. They are as follows:
Below is a graph showing the popularity of PMP® certification over other major certifications.
Project Management Professional® Certification (PMP) is a globally acknowledged professional certification program in project management, that legalizes a professional’s education and experience in project management.
It is offered by the Project Management Institute (PMI), USA. In the IT industry, the term project management refers to a methodical approach to software development through well-defined stages called initiation, planning, executing, controlling and closing.
At present, there are a total of 729,552 credential holders who are active, 284 chartered chapters across 210 countries and territories worldwide. This is a very large number in itself. See the below image to find out the increase in the number of active PMP® certified members over the past few years.
As per 2014 survey report by PMI, there will be a large number of opportunities for Project Management Professionals by 2020. The reason behind this is, when the companies recruit project managers from various cultural backgrounds, the need for project managers with a standardized set of skills eventually increases. These project managers are expected to undertake projects on different system reorganizations, turn strategic visions into tangible goals and ensure effective and acceptable outcomes, all while balancing various project constraints.
Below is a graph, displaying the expected increase in opportunities across various countries by 2020.
Now, if you are not satisfied yet, then check out a few more intriguing points below:
In this section, I will discuss the PMP® certification exam process in detail. So, let me begin by explaining you the prerequisites for applying for this exam.
Everyone can’t opt for PMP® certification. You need to fulfill some prerequisites in order to take up this certification program. PMI mandates that PMP® certification aspirants come with a high school degree along with an Associate’s degree or a global equivalent segree. Additionally, the candidate must have 60+ months or 7,500+ hours of project management experience. Here are the prerequisites in a nutshell:
There is some fine print that you shouldn’t overlook. One, you can only attempt the PMP® exam thrice in one year, and your project management experience shouldn’t go back to more than 8 years. The second thing I would like to emphasize upon is “This course is not for freshers”. So, in case you are a fresher, you need to gain some specific number of PDU‘s (Professional Development Units) before you can apply for PMP® Certification.
Each of the 200 questions is based on the ‘PMP® examination specification’, which essentially describes tasks under the five performance domains as prescribed by PMI. These domains, along with their weight-age in the exam are:
Below is a table depicting the complete breakup of the exam fee.
Watch this PMP® Certification Training video which will give you the complete insights of PMP Certification and will help you to clear your PMP® Certification exam at the first attempt.
Above image depicts the four steps involved in the PMP® Certification application process. Let’s discuss them in detail:
NOTE: Before you start filling up the form, make sure that you are eligible. If you are not, I would suggest you, not to apply as it would result in wastage of your time, effort and money. Also, check whether you are lacking any requirement. If you are, please satisfy them before applying.
With this, we have reached the end of this blog on PMP® Certification. I hope you were able to understand the details, requirements, and benefits of PMP Certification.
If you want to get certified in PMP® and pass the PMP® Exam in your first try, then check out the PMP® Certification Exam Training by Edureka, a trusted online learning company with a network of more than 250,000 satisfied learners spread across the globe.
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