Do you really want to stand out among the worldwide group of project managers but also gain a competitive advantage in the market? The growing prevalence and need for PMP specialists around the world is evidenced by the fast rising number of PMP-certified experts. Professionals have a plethora of job options thanks to the global reputation that accompanies it.
If you’ve agreed to enter the Project Management Professionals (PMP) group but aren’t sure where to begin, here is the complete guide to the PMP certification.
What Are the Benefits of PMP Certification for Your Career?
What is the PMP designation? Why would project managers compete for the very same qualification all around the world? PMP certification often is widely recommended in program management because it combines all of the important project management abilities. It is PMI (Project Management Institute) certified and can help you stand out in your field by demonstrating superior challenge and communication skills.
Unlike some other professional certificates, PMP somehow doesn’t concentrate on a particular expertise, profession, or sector, therefore PMP specialists can task managers everywhere in the world. A PMP expert can easily contribute value to an organization, there is much more to the credential which make this an internationally sought credential.
Here are some reasons why PMP certification is beneficial to your career:
- A PMP certification boosts your authority quickly.
Organizations looking for project leaders frequently utilize PMP as a parameter to narrow down their applicant pool. Your Certification program will always provide you an advantage over all other non-certified experts in the job market. It highlights your polished skill set as well as your hands-on project management expertise. Project managers must be able to take full responsibility for the project’s development, monitoring, leading, and execution, which necessitates a high amount of discipline and knowledge. A professional’s Certification program trains them for this.
- PMP Professionals Can Earn a Lot of Money
Qualified PMP experts make 20% more often than non-certified decision makers, as per a survey conducted by PMI. Over the previous 12 months, 60 per cent of the 32,000 project leaders surveyed said they had received a raise in their yearly income, encompassing bonuses and other remunerations. In the United States, qualified PMP experts earn $81,000 on average, whereas non-certified project managers earn $91,000.
- The PMP certification improves your abilities.
Before becoming certified, an applicant must understand all areas of project management, covering commencement, execution, overseeing, regulating, and ending. PMP Training courses are intended to introduce applicants to areas of a program with which it may not otherwise be familiar.
The PMP certification lets you understand the international project management common language. Candidates were taught how to bring it in line yourself with set objectives, anticipate risks, and handle them gracefully.
- Your Marketability Increases With PMP Certification
PMP certification was shown countless times again to propel your profession forward. As per recent surveys, some recruiters separate their candidate pool into two categories: some with Pmp exam from those without. Some employers even prefer PMP applicants to those with Postgraduate degrees. Because these professions demand rigorous commitment to established procedures for the execution of particular context, businesses like aviation, medicines, and finance get a clear preference for Project management professional people.
- Maintaining Industry Trends with PMP Certification
Project managers, regardless of sector, are required to adapt to the latest program management trends and strive to be the best version of themselves. Annually, the discipline of program management evolves in terms of equipment, approaches, practices, and innovations. Leaders could use a horizontal understanding of trends, whether it’s the incorporation of mixed project management techniques or the rising usage of Ai – based and big data.
PMI is a highly capable organization that closely monitors and refreshes itself on continuously changing industry trends. The class material is updated to reflect current trends in the market, ensuring that even a PMP-certified expert has most of the necessary abilities.
- Maintaining Influential Relationships with PMP Certification
PMI certified training courses bring you into a group of people who share your goals and desires. Professional identity is without a doubt among the most effective opportunities to promote your business. Developing and keeping good relationships with some other PMP experts will assist you in opening a door and expanding your chances.
PMI hosts workshops for PMP holders who want to understand further about managing projects. Also there are designated spaces for PMP experts to talk about job vacancies with their own companies, allowing them to link their contemporaries with the proper opportunity. PMP practitioners could also network and look for new opportunities through a lot of online & offline communities.
5 W’s of PMP Certification Exams:
The project manager whoever wishes to advance in their career should take the PMP qualifying examination. The examination not just to improve your job market visibility, but it also provides you along with all the abilities you’ll need to meet the development’s pre-defined goals.
The five Ws of a PMP test are as follows:
- Who:The PMP test would be for project managers who would like to advance their careers.
- What: It is indeed an unbiased assessment of an expert’s project managerial skills.
- Why? Because it is well-known around the world and gaining a competitive advantage.
- Where:The exams will be held at Prometric testing sites.
- When: You get one year from the time PMI confirms your registration to plan and finish the exam.
Latest Updates about the PMP certification exam:
PMI recently implemented some critical changes to the programs, questioning structures, and education as a result of the epidemic.
Interested candidates must be aware of the following significant changes:
On Jan 2, 2021, a new PMP exam pattern took effect, focusing on the areas of Processes, Corporate Culture, and Individuals.
Here’s how much each domain weighs:
- Business Environment:42%
Questions:The former PMP test included 200 multiple – choice, whereas the new curriculum includes 180, with half of them coming from Hybrid & Agile approaches.
ATP Program:To be a PMP teacher, a trainer must first complete the TTT (train-the-trainer) curriculum. This has revealed that it’ll be the only supplier of a $669 self-paced education programme.
Exam and Application:PMI has streamlined the procedures for the PMP test. Applicants could now take an online proctored examination, which means you may take your Written test from home.
Question formats and domain expertise:
The Pmp exam’s curriculum is separated into the main project management areas. Every one of these areas will be tested with queries to see how well you know them.
The relevant domains would be covered inside the PMP certificate program:
- People – The domain focuses on the many abilities a project manager must possess in order to govern a development team.
- Process – The domain is concerned with the program company’s technical aspects.
- Organization’s Success and Projects – The corporate structure and project relationships are the emphasis of the corporate environment.
As with most written exams, the PMP examination is extensive. It has 180 problems spread out over different phases and facets of project management. Multiple-choice, matching, initiatives have been taken, spot, and complete are among the topics.
A PMP certification exam’s question could be in one of five formats:
- Situational exam based questions:
Situational questions were designed to assess your ability to apply academic knowledge in real-world scenarios. The inquiries are frequently lengthy, and they may include data that is both useful & useless. To grasp what succeeds and what doesn’t in a project environment, you’ll must use your judgment abilities.
The key is to thoroughly study the query, filter out irrelevant material, and locate the relevant data that you may use. Avoid focusing on many would if but what about… scenarios because a query would not reflect the full of a real scenario.
- Knowledge based questions:
PMP test questions that are experience and understanding are influenced by various program management topics. This could include your overall qualifications and experience, multiple skills, distinct program management categories, inputs, outcomes, methods, equipment, and etc. Most of such concerns may be answered with a good comprehension of the Project management body of knowledge (Project Management Body of Knowledge) handbook. Expertise queries, on the other hand, could be oblique.
- Interpretational based PMP questions:
Interpretational questions were crucial for assessing an individual’s ability to infer a state or circumstance from the question’s actual description. To understand and infer numerous designed and implemented management issues, a PMP aspirant was strongly advised to participate in sources to enhance while consulting the PMBOK Manual. You have to be able to read the issue and determine if the scenario is favorable, awful, or neutral based on a chart or given metrics.
- Formula based PMP questions:
Formula-based queries involve selecting key decisions about which data or figures from the inquiry should be included in your calculations. Learning the forty-four PMP equations can assist you avoid making the wrong decision. Training is the best approach to master all of the formulas. You’ll need a good comprehension among all forty-four formulae, 20 values, and 30 equation abbreviations to think quickly while asking the questionnaire.
- Technique based Questions for PMP exam:
Each project management plan has a PMP exam method listed in the Pmbok. “A specified systematic procedure employed by a HR department to conduct an activity to generate a goods or outcome or deliver a service, and might utilize one or even more tools,” according to the guidance. You’ll almost certainly be asked the question that evaluates your knowledge of numerous strategies. It may be an expertise question that tests your grasp of the approach, or it could be a demonstration-based question that asks you to show when or where the method is used.
Eligibility for the PMP certification exam:
Are you curious how PMP is so strict about its eligibility rules? Whenever a project manager does not effectively plan the project scope and articulate its goals, the system will fail. An effective project manager possesses both theoretical and practical knowledge, as well as proficiency throughout all project management techniques. This necessitates extensive skills and training.
The following requirements for taking the PMP exam:If you’ve had a four-year diploma, you will need to:
- Formal training of PMP certification for at least 35 hours.
- Project management exploits of at least 60 hrs.
- Experience as project manager for at least 7500 hrs.
How to apply for the PMP certification exam?
Before taking an PMP certification exam first you need to check your eligibility criteria for the exam. If ok then proceed further.
The following steps are involved in applying for the PMP certification exam. They are:
- Create a PMI account and begin your registration for Pmp certification. It will require disclosing basic personal information such as about educational history and facts about the assignments on which you’ve participated. You need to pay for the exam and book for the slot for the approval.
- That’s the time where you prepare for an exam, either through coursework or independently. Several test preparation companies advise studying for 60 to 120 hours. Depending on how long you learn, this could take many months.
- Start taking the PMP certification exam:The examination could be taken online or in person at a test center near you. It takes just under four hours to finish the exam.
- Keep your certification current:For three months, the PMP certification remains valid. To keep it, you’ll have to invest 60 hours on professional development during that time. Alternatively, you could re-register for the exam.
Best tricks and tips to achieve the PMP certification exam:
Without the need for a question, the PMP certification test is among the most difficult professional competitive examinations. To pass your qualifying examination in one sitting, you’ll need weeks of study and rigorous training.
Here are a few pointers to help you pass the PMP qualifying examination in one sitting:
- Make Proper Use of the Pmbok
A PMBOK guide was effectively your guide while studying for the test because it is dependent on it. Establish daily / monthly objectives, and attempt to hide a process flow every day. Begin your study with the guidebook and then go onto more learning resources. While reviewing the PMBOK manual, take care to think critically; PMP test questions may assess your opportunity to utilize such ideas in a variety of real-world scenarios.
- Make Use of a Quality PMP Preparation Book
To grasp numerous project management principles and also get your fundamentals perfect, you’ll need to use effective preparatory material. PMP authors such as Rita Mulcahy & Andy Crowe have created in-depth preparation materials for PMP candidates. An excellent PMP preparation book will ensure a good training time by walking you through ins & outs about program management procedures and technologies.
- Register for Exam Preparation Workshops
PMP test prep seminars are a fantastic way to satisfy other PMP candidates and get advice from industry professionals. Workshops like these are also among the simplest ways to meet your -35 contact hours need. Conventional prep sessions are more expensive, and also most web prep workshops include simulation exams to assist you get used to exam pressure and time management.
- Take online practise exams
Virtual exams can help you get acquainted with the examination atmosphere and problem patterns, in addition to gauging your PMP certification preparations. They also aid in the retention of data,helping people better manage the schedule.
- Participate in Discussion Boards and Study Groups
There are several internet discussion platforms and group meetings in which you can participate. One could not only get answers to your inquiries and requests, but then you can also assist other people of your society with their problems. You can receive useful reference resources, talk about your problems, and perhaps learn how to cut down on your prep time.
- Remember to Use Flashcards
Making flashcards seems to be a tried – and – true way for preparing for the PMP. The digital flashcards may be simply flicked along on a smartphone or computer, and that they are inexpensive and transportable.
In the end, whether or not such a PMP certification is worthwhile for you practically and monetarily is determined by your specific circumstances.But however the PMP certification helps to improve the job prospects, paying high salaries, and high demand in the current market. Hope you understand the steps in attaining the PMP certification. Had any doubts drop them in comments to get them answered by our PMP certified professionals.