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Many project managers find themselves asking the questions, is it worth getting the Project Management Institute’s Project Management Professional (PMP) certification, and is this move going to help me to take a big step forward in my career?
Some say that obtaining the certification is a great way to advance your career in the project management field, and others believe that it is better to invest your time and energy in gaining more real-world experience. If you Google “should you get a PMP certification,” you’ll find thousands of results and no consensus on the value of obtaining a PMP certification.
Once you meet the PMI’s baseline requirements, you must then pass a $500 exam composed of 200 questions to officially become a certified project manager.
According to a 2011 survey of 30,000 project management professionals, PMI found that project management professionals in the U.S. Acquiring a PMP certification also gives you the ability to speak and communicate with clients and vendors on a level playing field. The Anderson Economic Group predicts that 1.2 million project management positions will need to be filled each year until 2016. While we can’t blame you for wanting to grasp this position and all the lucrative possibilities it contains, there are some things you should know before embarking down the project management career path. So before moving forward, understand that while there are open positions in this growing field in order to secure the greatest benefits available you need to step it up against your competition. According to PMI, the average annual salary for PMP Certified Project Managers in the United States is $111,824, almost $14,000 more than those without PMP certification.
There are currently eight levels of certification that PMI recognizes and each of the certifications serves as a symbol of the holder’s commitment to project management and skill proficiency through verification of instruction, experience and competency. To apply for CAPM candidates need a high school diploma AND at least 1,500 hours of project experience OR 23 hours of project management education, such as a training class, prior to sitting for the exam. The Project Management Professional (PMP)® is the most widely accepted credential for project managers. To apply for the PMP certification, candidates need to have either a high school diploma with 7,500 hours leading and directing projects and 35 hours of project management education OR a bachelor’s degree with at least three years of project management experience, including 4,500 hours leading and directing projects and 35 hours of project management education.  The PMP exam is comprised of 200 multiple-choice questions given during a four hour exam slot.
If you would like to know more about the PMP Certification, read our blog post What is a PMP Certification?
PgMP is an advanced certification and is perfect for program managers that oversee the success of a program on an organizational level.  These managers define and supervise projects and assign project managers in order to facilitate results which align with the organizational goals.
To apply for the PgMP exam candidates need at least four years and 6,000 hours of project management experience along with either a high school diploma and at least seven years, 10,500 hours of program management experience OR a four year college degree with at least four year, 6,000 hours of program management experience.
To apply for this certification, candidates first and foremost must have at least eight years of professional business experience.
This is a new exam introduced by the PMI this year and further exam details will be made available soon for this certification.
This certification is specific to project managers who utilize agile techniques and principles within their organizations. PMI requires candidates to also have an additional 1,500 hours working on agile project teams and 21 hours training in agile practices. The PMI-RMP certification is a relatively new certification created by PMI to reflect the changing roles of project managers. In order to apply for this certification, managers must hold either a high school diploma and 4,500 hours of experience with project risk management and 40 hours of project risk education OR a bachelor’s degree with 3,000 hours of specialized risk management experience and 30 education hours.
This certification is considered a specialized credential focused on the management role of project scheduling.
In order to attain this credential, candidates must meet the PMI’s educational and work experience requirements of at least a high school diploma with 5,000 hours of work and 40 hours of education in project scheduling OR a bachelor’s degree with 3,500 work hours and 30 education hours completed in project scheduling. The PMI Audit Process (only if your application is selected not all candidates will go through this process). Entrance exam and payment to be taken and received within three months from the application’s approval date.
Register for the training course through SeminarsWorld and pay for the course within one year from passing the entrance exam. Finally, candidates will take the OPM3 ProductSuite Training Course and take their final certification exam within a four-day period. Once a candidate becomes an OPM3 Certified Professional, it is expected that the certification be renewed each year to maintain standing.
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All Whizlabs Practice Tests & Online Courses comes with 100% Unconditional Test Pass Guarantee! Covers all fundamental aspects of Project Management (focuses on 5 processes and 47 knowledge areas) from exam perspective. Demonstrate your skills to your employer, peers & customers that you are proficient in Project management and use industry best practices.
Enhance your salary, job opportunities and credibility by adding new credentials in your resume.
If you are eligible both in terms of qualification and experience, you can immediately applyfor the exam. PMI certifications are not based on one specific methodology hence they are flexible and adaptable.
Easily utilize the knowledge between various industries, market segments and geographic locations. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.
Political Subdivisions: Pricing is available to the political subdivisions of the State of Kansas. Administrative Fee: No Administrative Fee will be assessed against purchases from this contract. All terms, prices and conditions of the original contract as amended shall remain in effect. Program de pregatire intensiva pentru cea mai prestigioasa certificare profesionala internationala in managementul de proiect, cea oferita de catre Project Management Institute (PMI)- SUA: PMP® - Project Management Professional. Clipping is a handy way to collect and organize the most important slides from a presentation.
The program empowers and educates through multiple learning channels including direct team-based project experience, best practice discussion, adapting processes to fit every situation, lectures, exercises, graphics, homework, provided and tailored templates, and frequent presentations complete with multiple feedback channels. The Project Management Advanced Certificate training program offers the option of a day-track or an evening-track. The Project Management Advanced Certificate Program - Day Track runs over 10-days for a total of 2-weeks, covering much of the same processes covered in our evening-track program. Both tracks allow teams an adequate amount of time to perform key project processes, including creating an integrated project presentation, which serves as both best practice templates and addresses one of the biggest challenges leaders face: motivating others to perform processes they are unfamiliar with.
Experienced professionals: technical and other subject matter experts, team leads, project leads, project and program managers, executives, operations managers, business analysts, staff, and those who wish to dramatically improve their project results and deepen their ability to deliver value through projects and operations.
To help answer the question, I recently interviewed several project management and hiring experts to look at the costs and benefits of this certification. Tim Wasserman, program director of Stanford’s Advanced Project Management Program, stated that generally only about half of the general project manager job postings require a certification. The experts we interviewed believed learning the accepted project management framework can be critical in successfully completing a project.
That is a whole lot of jobs, and a good way to capitalize on this growth is by growing your qualifications and credibility by obtaining your PMP certification. As we just said there are a ton of lucrative benefits that come along with the responsibility of being a project manager, as a result you are not the only person considering this career move. We have outlined below what you need to do in order to make the 6-figure check of a top-notch project manager.
We have delved into the requirements for attaining each of these certifications below and, depending on your skill level, you will be able to select the path best suited for your career. CAPM is a great entry-level certification for those new to project management and aiming to show their commitment to the field for the first time.
The CAPM exam consists of 150 multiple-choice questions and the test-taker is provided three hours to complete the exam. If you are an experienced project manager seeking to maximize your earning potential and add value to your organization then this is the right certification for you.  While this certification will increase your salary overall, it is a very difficult exam to pass. Similar to the CAPM certification, candidates need to register with PMI first before applying for the exam.
In order to attain the certification, candidates need to pass a panel review, the rigorous multiple-choice exam and a Multi-rater Assessment in addition to the educational and experience requirements. Professionals with this certification stand out by their demonstrated ability to effectively manage an organization’s portfolio of programs and projects and carry the strategies through to achieve their organization’s measure of success.

In addition, candidates must have a minimum of a high school diploma with 10,500 hours of experience with portfolio management during the last 15 consecutive years OR a Bachelor’s degree and 6,000 hours of portfolio management experience within the past 15 years.
The PMI is expecting to make applications available for this certification in the fourth quarter of 2013. This certification will increase a professional’s versatility to employers and is considered to be significantly more credible than other agile training options and exams. Finally applicants must pass the 120 question, multiple-choice exam in order to achieve this certification. This credential validates a project manager’s ability to effectively identify and assess the risk level present within a given project. Once these educational and experience requirements have been met, candidates can take the 170 question multiple-choice exam necessary for certification that is administered by the PMI. Candidates must demonstrate a baseline of knowledge and skills in the general position of project management in addition to the specialized experience in developing and maintaining effective project schedules. Once these requirements have been successfully met, interested managers can proceed to take the PMI-SP exam which consists of a 170 multiple-choice question test.
This certification is a highly regarded credential that establishes a manager’s unparalleled expertise in executing organization project management.
That means, after the first 2 sessions, if you think the training is not as per your expectations, you can ask for 100% refund. That will help you to assess you topic-wise preparation level and concrete your preparation on weak areas. Edward's University Professional Education's Project Management Advanced Certificate will enable your people to manage more and higher complexity projects with less time, effort, and conflict. The PMI has minimum requirements that you must first meet before you can qualify to pursue a PMP certification. However, according to the experts, becoming PMP certified can have some serious financial payoffs. In comparison, project managers without the certification earned nearly $14,000 less a year.
If you are a project manager, and you are asking if this should be your next career move, keep these four payoffs in mind. Project management has evolved into one of today’s fastest-growing careers; the Project Management Institute (PMI®) reports 25% of companies that have downsized in the past are still seeking candidates for open project management positions.
Certification, while it may set you back two thousand dollars or so will pay for itself after the first month in your new position and everything after that is just extra cash in your product. This certification will also help newbies improve their management capabilities in order to help them earn that extra bit of responsibility.
Many actually cite this exam as one of the most difficult they have ever taken with only 62% passing on their first try. Additionally, project managers with this certification have proven their abilities to also mitigate the threats they face, take advantage of impending opportunities and still demonstrate a baseline of knowledge and application across all areas of project management in general. This high level certification can be utilized by project managers to establish themselves as OPM3 experts within their organizations or on their own as OPM3 consultants. Every attendee brings back real-world, proven templates and processes to apply immediately on the job.
He thinks it can still set your resume apart from your competitors even if a certification is not required. In fact, an Anderson Economic Group study projects roughly 1.2 million project management positions will need to be filled by 2016. This certification enhances any project manager’s career and showcases a specialized area of expertise towards current and future employers. Either path you choose will present you with unmatched benefits and prestige to your title as a project manager.
Additionally, the PMI recognizes the enormity of this accomplishment by opening up a select collection of services available only to their certified OPM3 Professionals for their professional use.

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