The Value Of A PMP Certification
Just what is a PMP certification and why does it add so much worth to the those who have it? The explanation is primarily as a result of the fact that the Project Management Institute issues the certification. The Project Management Institute, or PMI, is a global organization, with chapters in about four countries throughout the globe. PMI has a rigid criteria and a really hard – quite a few may possibly say mentally abusive exam, which potential PMPs have to pass prior to they can become certified.
You can find two categories of people who can go after PMP certification. The first class is for individuals that have college degrees. People today in this classification need to have 4,500 hrs of continuous, non-overlapping project management experience for 36 consecutive months within the past five years. The second category includes individuals project managers who have not attended college. Individuals in this class must have 7,500 hrs of steady, non-overlapping project management experience for 60 months over an eight-year period. Both categories must also prove that they have took part in 35 hrs of project management training within the past ten years.
Project managers who fulfill either category have to file an eligibility application with PMI. Once PMI reviews an app and determines if a candidate is eligible, they release an eligibility letter. A candidate then receives the eligibility letter to take the PMP certification examination.
The certification exam is a tough one. The sector ordinary pass rate is rumored at 60%.
At present you will find in excess of 100,000 PMI members, with several others joining PMI to pursue the PMP training.
Based on the salary raises experienced by IT experts with the PMP, this credential holds some clout and is getting wonderful interest. Membership statistics from PMI reveal that the Computers/Software/DP and IT industrial sectors are the top two market areas among PMI members, with about 15,000 and 12,000 members respectively in each industry class (estimated in 2005).
In whatever means people today plan to become certified Project Managers, the benefits are immeasurable to both the employee and the employer. Employees are rewarded with bigger salaries, job promotions, and in general, far better occupation prospects. Managers who use PMPs are assured that they’ve hired Project Managers who’ve a key competency in Project Management and the requisite experience to perform as a project manager. Reports have established that projects managed by individuals who are not certified Project Managers have only a 25% probability of being successful, whereas projects run by those who are experienced in Modern Project Management resources and strategies – as are men and women with the PMP certification – have a 75% success level.
Who do you think firms would desire to have at the helm of their assignments?
Become a PMP! Put your self in the spotlight, and start growing your income potential without additional delay!
We offer PMP Exam Prep courses, seminars, & simulation software for project management training. We provide PMP practice exam questions & study samples to prepare for the PMP exam, CAPM & PDU PMP. We have been successfully audited by PMI as Global Registered Education Provider & been in business since 1998. For more information about CAPM Exam Training or RMP Exam Training, simply call us at 519-870-7815