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Is the PMP® Brand under Threat?

13 May 2014
Is the PMP® Brand under Threat?

The Project Management Professional (PMP)® certification is the pinnacle of recognition for project managers worldwide. It serves as the gold standard, validating your ability to lead projects across diverse industries. Project management is an exciting, rewarding, and challenging career. It is a broad, complex field with challenges and one of the most high-demand professions globally. PMP is a certification that tests project managers' ability, knowledge and mindset and demonstrates their experience. Getting certified helps project managers get better jobs and increase their opportunities, thus increasing their salaries, when organisations look to hire PMP holders over non-PMP. Getting PMP is a continuous process that requires serious commitment and consistency. It has many benefits at the career level, and it can positively affect a project manager's lifestyle.

What is a PMP certification?

In brief, PMP certification is a globally recognised credential that signifies proficiency and expertise in project management.

Project managers worldwide race to get it due to its importance, and their number continues to rise, and it becomes a benchmark for the assessment of someone's project management competence. As per PMI, there are over 1.2 million PMP holders across the globe; Singapore has the highest number of PMP-certified project managers according to population, followed by the USA as the following:

PMP Holders Chart

Being a PMP holder can provide you with the essential skills to succeed in project management, make you well-versed with the latest practices, methods, tools and techniques and give you the power to stand up and compete in this field that becomes increasingly competitive and also helps you to enhance your soft skills and enrich your knowledge. Moreover, this certification can add value to your resume and increase your chance of being shortlisted among many candidates. Regardless of the industry, PMP certification is well recognised by all industries, and it can help you find a job easily, no matter your background.

With PMP certification, you will enhance your earning potential and get a chance to earn high salaries. According to PMI, your salary will increase by 20% to 22% more than the salary of non-certified project managers. Once you become certified, you will join the PMP holders around the globe and network with them to expand your professional network. You will also join PMP communities that provide valuable support and continuous learning and can be helpful to advance in your career. Mastering this certification would give you a competitive advantage and industry recognition. It would empower you to effectively communicate and exchange knowledge with project managers across various domains.

Here, we will consider one important question: Is it worth getting this global certification? The answer depends on your vision, commitment, and ability to invest time and money to improve your career and salary and strengthen your resume to find better opportunities. It is possible; it only needs dedication, a decisive decision to succeed, and the right time to start. Success is not so far, and it is only necessary to light your way toward it.