A study by PMI estimates that, by 2027, companies would have to fill approximately 2.2 million additional project-oriented positions per year. That implies there will be a vast market demand for professional certified project managers. The first step to becoming a project manager is to know what is PMP certification. The internationally recognized Project Management Professional (PMP) credential demonstrates to clients, colleagues, and potential employers you know what you are doing in the project management domain.
Even though “project manager” is not a part of the job, the PMP refers to anybody who tries to finish a project. Much as a CPA legitimizes accountant skills, the PMP respects the capacity to handle tasks —and the challenging task you’ve accomplished so much.
What Is PMP Certification?
Project Management Professional (PMP) is an internationally recognized certification for project managers. PMP shows the knowledge, preparation, and abilities needed to lead and steer business-critical project initiatives. PMP is by far the most searched after Project Management Certification worldwide.
As project management best practices are rigorously followed across industry sectors today. The demand is in terms of talent specifications which differ from one industry to another to another. As per PMI’s study, there will be tremendous prospects for Project Management practitioners globally. When organizations hire employees from diverse backgrounds, the demand for project managers with a standard range of expertise grows. These project managers are expected to conduct framework reorganization tasks, turn enterprise brainstorming sessions into concrete objectives, and produce successful and accepted performance while juggling various project constraints.
What Does PMI Stand For?
PMI ® stands for the Project Management Institute. PMI® is a primary membership-based association that connects project managers and professionals with tools, best practices, and resources required to handle their businesses, services, and portfolios effectively.
Launched in 1969, PMI currently has a membership of more than 2.9 million practitioners worldwide. The Project Management Institute is the organization that offers credentials for the PMP (Project Management Professional). This globally-recognized qualification ensures employers that an individual is qualified and specialized in project management skills. PMI is the governing body regularly updating its project management best practices in its official PMBOK Guide. The current, PMBOK Guide is in its Sixth Edition.
PMP Certification Requirements
A study performed by the Project Management Institute (PMI) reveals that project managers accredited with PMP ® appear to receive 20% more salary than their uncertified peers. The reason PMP certification is given high praise by businesses and organizations relative to other qualifications in the industry is PMI has a very stringent qualification and evaluation procedure with specific educational and skill criteria that one requires to be PMP certified professional.
To apply for the PMP certification, you must fulfill the eligibility criteria for vocational and professional expertise. The project management expertise needs to be gained in the last eight years before submitting the submission. Both the projects enable you to have expertise in all five-phase classes. That doesn’t mean you should’ve had experience as a Project Manager to use, however. Many practitioners with expertise in project leadership and management are qualified, not only in a managerial capacity but also in a function. For starters, people from communications, planning, management consulting, etc. often take up and attain the PMP test.
How Do I Get A PMP Certification?
As you work on your PMP test, you know it’s a phase that can feel overly complicated. When you follow the principles of project management and break down all the tasks into steps required, management could become even more comfortable.
You may question how to apply for the PMP test, so we’ve come up with a list of steps you’ll need to take to apply for the PMP exam, along with some handy tips and advice.
- Step 1: Apply to join the Project Management Association at pmi.org.
- Step 2: Complete the application form online
- Step 3: Waiting for proof and completeness of request
- Step 4: Submit Payment
- Step 5.1: Wait for confirmation of Submission Approval.
- Step 5.2: If you are under investigation submit documents accordingly.
- Step 6: Take the Test!
You should point out things you’re not sure about when taking the exam and then come to them later. You will get the issues quickly after you have done your test. You will be able to see instantly if you have succeeded or failed, and you can also see the level of competence along with technical and social accountability for all fifth method groupings. From the testing center, you can get a provisional certificate before PMI shares their official hard copy certificate in the mail, which can take 4-6 weeks.
What Is The PMP Exam Structure?
The PMP test consists of 200 multiple-choice questions, which are spread across knowledge areas. To finish the exam, a participant is given 4 hours. The test is primarily based on 175 scored questions. Remember there are 25 unscored questions as well, but you do not know which they are. Hence, it is recommended to answer all 200 questions.
You should familiarise yourself with the various formats and forms of PMP test questions and prepare for the PMP test. — PMP Exam question includes four options, one of which is either correct or correct solution.
Learning Methods to Pass the PMP Certification Exam
We all know it takes enormous effort, patience, and dedication to prepare for an exam. The Project Management Professional (PMP) test is more challenging than others, demanding comprehensive preparedness to pass over several months. In many other terms, the training for the PMP exam is essential! In the area of Project Management, there is a lot of content to learn, and you would require to be capable of handling the practical applications of that knowledge. If you’re like those who’re already well-established in your profession, it might have been years when you last studied for a test, so your research skills might be a little outdated. This is where the top tips for the PMP exam fall in.
Study The PMBOK Guide Thoroughly
PMI offers a Guide to the Body of Information for Project Management (PMBOK ® Reference). The single most critical move in passing the PMP exam is to become familiar with the PMBOK ® guide in a thorough manner. There is no substitute for the official PMBOK Guide, which has all the necessary information to clear your PMP exam on your first attempt.
Request Prep Sessions For PMP Test
If you want a classroom environment or require more one-on-one contact, PMP exam prep workshops are an excellent alternative. These are a fantastic way of meeting other emerging project management practitioners in your field, in addition to becoming a PMI member. The additional advantage of these sessions is that they typically meet the criteria of 35 contact-hours, which is a condition for qualifying for the PMP test. It is better to go for a PMP Exam Prep Training from a PMI Registered Education Provider (REP).
Make A Schedule Or Timeline
For your planning, a research schedule serves as a guide. Until you settle down to work, you have to identify your priorities clearly and outline how you can accomplish those priorities. Let’s encounter it; for several of us, the exam can be daunting. If you don’t have a good plan in motion, being stuck in the planning with no idea of where you are headed is too easy.
Take Advantage Of PMP Test Simulators Online
PMP exam simulators are now running realistic PMP tests. They test the candidate with queries that follow the same genre as the PMP exam itself. They also simulate the examination ecosystem so that you are at ease with the timing and stress. They’re a perfect way to gauge your preparedness level.
Write Practice Tests
An expansion from the above tips is to note down the full simulation experiments aside from answering questions about the experience. If you just consider the PMP exam as a knowledge-based test, then you will surely find it difficult to clear. Yeah, it has a lengthy syllabus, and the problems are challenging. But don’t underestimate the endurance needed to sit for 4 hours and respond with equivalent productivity to 200 questions of varying degrees of complexity.
PMP Test Syllabus: Latest 2020-21 updates
A new Material Overview for PMP Review was released on June 30th 2019. This paper describes the PMP examination’s syllabus/content. This implies that PMI is currently upgrading the PMP test to meet the latest syllabus, and the revised review will take place on January 2nd, 2021.
The analysis is changing, as project manager job roles are continuously evolving.
PMI conducts analysis every 3-5 years to consider how the field has evolved, the influence of new technologies, and how the project managers’ roles have changed over the years. The last round of this study was carried out recently and will be put into place in 2021.
Professional Ethics & Code Of Behaviour
Ethical decisions mitigate risk, promote good outcomes, improve morale, assess long-term performance, and develop reputations. Management depends entirely on moral choices.
Members of PMI have agreed that integrity, accountability, loyalty and justice are the principles that guide ethical behaviour for the career of project management.
The Code of Ethics also Professional Conduct of PMI extends those principles to the real-life experience of project management, in which the most moral consequence is the highest. Both PMI participants, donors, credential holders, and candidates for qualification must abide by the Code.
What Happens When You Fail In Your PMP Exam?
From the day of your PMP exam, you will be eligible to take the exam up to 3 times in one year. When you miss or fail the test three times during the qualifying span of one year, you need to wait one year from the day of the last test you took for the certification to be reapplied for. For each retake, you must pay a charge for re-examination. Even the re-examination fees vary based on whether you’re a PMI member or not.
How Do You Maintain Your PMP Credential?
Under the PMI rules, you will need to obtain regular Professional Development Units (PDUs) every three years to keep the credential valid. You’ll need 60 PDUs per 3 years to keep your certification active/valid. Here are the three simple measures to having your PMP certification:
- Step 1: Stick to THE PMI’s CONTINUING CERTIFICATION PROGRAM
- Step 2: Attend activities through PMI Registered Education Provider (R.E.P.)
- Step 3: Receive online PDUs
Project management capabilities are essential in almost any company environment and can be a perfect way for an enterprise to maximize business value. If you wish to base your career on project management or leadership, then you should consider receiving a PMP credential.
If you’re looking to get ahead in your project management career, then you should take up popular project management certification courses from an accredited training organization.
Some of the popular project management certification courses that individuals and enterprise team members can take up are: