In this article, we are going to discuss some common questions about PMP certification. The answers to these questions will help you get a deeper insight into this phenomenon. Read on to find out more.
1. What is PMP and PMP Certification?
PMP stands for Project Managing Professional. This certification can help you know that you are a professional in project management and that you can easily handle their projects that can earn the owners a lot of profit. Since a project manager is responsible for the failure or success of a project, it can help him gets a promotion or demotion.
2. Why do you need a PMP certification?
Project management training helps you get better at managing projects. PMP certified professionals can efficiently manage the project and make their company earn some profit. There are a lot of techniques in project management that you can use to get rid of complexities in the project as a lot of research has been done on this field. So, after a lot of work the, researchers have devised formulas and shortcuts that can help you achieve the following goals:
- Increased demand in industry and well-paid jobs
- Efficient time management
- Greater profit to the company
- Good impact on your boss or the contractor
3. How to get the PMP certification?
To earn a PMP certification, you must have enough knowledge and experience that you need to become a project manager. There are some standards set by the PMI project management institute that provide minimum requirements to get PMP certified. The requirements also depends on the education of the person:
- If you have an undergraduate degree or higher level of education, you must have 3+ years of project experience (4,500 hours)
- If you have a high school diploma or lower level of education, you must have 5+ years of project experience (7,500 hours).
This necessarily doesn’t mean that you must have completed projects before getting PMP certified. You have to work in an industry for 3 or 5 years to be eligible for PMP certification.
Besides, you have to take project management classes from any known institute for at least 35 hours to get the certificate.
4. PMP exam, requirements and PMP Cost
You must be wondering what the PMP exam is like. What does it include? How much does a PMP exam cost? Well, it costs over $400 for PMI members to get this certification and for non-PMI members it is over $500.
To get this certification you have to pass the PMP exam first. The exam is hard for those who do not prepare very well. The test judges your understandings and your problem-solving skills in real life and the success rate of the exam is 50-60%. You can’t just open the PMI book to answer all the questions in the exam. You have to think of your personal 3 years’ experience too. The exam breakdown is as follows:
In short, If you are actually looking to be a good project manager to apply those management techniques in real life, then you should get the PMP certificate as soon as possible to get certified and start your work as a manager.