How To Get A PMP Certification - The Requirements, Exam Cost And Pass Rate (PMP Certification Salary)

Here is a complete guide on how to get PMP certification to boost your career.

Do you want to be a certified Project Management Professional? Have you been racking your brain about how to go about it, which learning and certification part is best for you?

Glad to let you know that your search is over. In this piece, you are going to learn how to get a Project Management Professional (PMP) certification.

About Project Management Professional (PMP)

The project Management Professional certification is administered by the Project Management Institute in the US

Project Management Professional is a credential that is industrially and internationally recognized for project managers. It is one of the 8 credentials that are offered by the Project Management Institute (PMI)

PMP gives a clear unbiased account of your project management ability, qualification, knowledge, skill and experience. PMP validates you project leadership skills before the employer. It includes three approaches which are agile, Hybrid and predictive. PMP validates that you are among the best of the highly skilled in business environment, people, and process.

The Project Management Professional examinations is based on five groups of focus process domain, to which ten project management areas are mapped. The five process domains are; project initiation 13%, project planning 24%, project execution 31%, project monitoring and control 25%, and project closure 7%.

The ten project areas mapped with the above mentioned five process domain groups are; Project Cost Management, Project schedule management, project scope management, project communication management, project procurement management, project resource management, project stakeholder management, project quality management, project risk management and project integration management.

The PMP exam consists of 200 items of which 25 are pre-released, meaning that they are are not included at the exam score, and by implication, exam scores are calculated at the end based on the remaining one hundred and seventy five question items.

The PMP exams is provided as a computer based test by the Global network of Pearson VUE testing centers. However, it offers paper based test in locations where there are no close parametric centers. The Candidates who take paper based tests gets their result typically in a few weeks’ time, while the candidates who take the computer based tests get their results immediately, either passed or otherwise.

Benefits of PMP Certification

Is PMP Certification worth putting in for? Does it offer attractive benefits? The answers to these w 2 questions is an emphatic yes. Here are some of the benefits and advantages offered by PMP certification.

  • Learning of New Skills

Your knowledge and skill level is enhanced greatly in the course of your journey to obtaining a PMP certification. The PMP exam is not a walkover. It is an exam that requires good study and preparation time, an exam for which you need to master well the materials.

In the course of these, your communication, time management, leadership, conflict resolution, and team management knowledge and skill levels are greatly boosted.

  • Professional Recognition

The PMP certification translates across all projects and industries across the globe. It is professionally recognized all over the world as a symbol of excellence in the field.

  • Better Career Opportunities

PMP enhance greatly your career opportunities. It is an industry that keeps growing at a speedy level, with a recent study showing that by 2027, the industry would have grown by an amazing 33%, which is equivalent to about 22 million jobs. About 88 million individuals will be needed to fill project management roles by 2027. The demand for PMP therefore is expected to hit the roof.

  • Higher Income, Salary

With a PMP certification, you get to earn above the average pay for jobs at your level. Those with PMP certification in the IT industry in the US get to earn 18% above the average pay for their roles, studies reveal.

  • Add Immense Value to Your Resume

This should actually have been the first benefit mentioned, but the benefits are not arranged chronologically here though! PMP certification adds great value to your Resume. It is recognized as the most valuable certification out there by interviewers and employers. Profiles of PMP certification holders are prioritized above those without it in the course of recruitments.

Some companies even go as far as prioritizing it, making it compulsory for all staffs. PMP gives good validation of your dedication to your job.

Since the PMP exam has standards that are tough and high, employers understand that for someone to make it across the PMP hurdle, the individual must definitely have a high level of dedication.

How To Get A PMP Certification

Now to answer the major question here, which is how to obtain a PMP certification, the steps are to check the requirements and be sure you are qualified, apply for the program, go through the process and pass the exam.

PMP Certification Exam Requirements

Who should apply for PMP at PMI? Here are the eligibility criteria:

  • You must possess a four year degree
  • Must have been 36 months leading projects
  • Must have 35 hours of project management education

Or

  • You must have a high school diploma or associate degree
  • Must have been 60 months leading projects
  • Must have had 35 hours of project management education or training or a CAPM certification.

These are the two eligibility criteria set-up from which you can access PMP certification application. If you meet up with any of the 2 above, then you are qualified to go for PMP.

What Is The Pass Rate Of The PMP Exam?

It is widely believed that the PMP examination pass rate is 61%. However, this may fast be turning into a myth as it is an information based on data published by PMI as far back as the year 2005. So the pass rate as of this year may not be ascertained.

How Much Does PMP Certification Cost?

For PMI members the cost of PMP is $405, while it is $555 for those who are non-PMI members.

PMP Certification Average Salary

A PMP certification gives an individual an advantage among his or her peers who don’t have it, not just in knowledge and skills but in earnings. Average salary of a PMP certification holder in the US is around $112,000. Also, in some companies, PMP gives about 20-22% salary increase for those who holds the certification as against those who don’t.

Conclusion

Getting a PMP certification is difficult, tedious and costly, but from all we have seen about it so far, it is worth the effort. If you are qualified for it, go for it, and if you know someone else who does, you may encourage them to go for it too by sharing this piece with them.

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