PMP® certification and why is it important in the near future?

Introduction

The Project Management Professional® (PMP®) certification can be defined as a project management credential, which is the most widely recognized in the world. Professionals that meet the eligibility criteria and pass the PMP® certification test are granted the Project Management Professional® (PMP®) designation. It enables firms find people who can work smarter and perform better. It also boosts project leaders’ careers across sectors. PMP® certification qualifying standards are stringent since it is the most desired and recognized credential in the project management business worldwide. The PMP® qualifying requirements exist for two reasons. Primarily, project management is a serious profession; and secondly, project management needs a sound theoretical foundation as well as a comprehension of its procedures.

What exactly is the PMP®?

Employers will need to fill approximately 2 million or more additional project-oriented positions each year until 2027, according to research. As a result, project managers with relevant experience are in great demand. The PMP® certification was created by project managers for project managers, and it certifies that you are one of the best—highly proficient in:

Organizational Strategy creation: showing the link between projects and organizational strategy.
Process overlooking: reaffirming the technical components of project management success.
People management: stressing the soft skills required to manage a project team effectively in today’s changing climate.

Eligibility criteria for PMP® Certification:

PMP® exam eligibility is an important factor to consider for anyone interested to boost their career in project management. Unless one knows what the prerequisites for the certification course are, they cannot start preparing for the same.

1. Experience in the relative field

A Project Manager is in charge of getting a project off the ground. A PMP® must be aware of his or her responsibilities and has management and leadership abilities.

A secondary degree holder must have at least 7,500 hours of experience managing and directing projects to be eligible for the PMP®. With only 4,500 hours of experience in managing and directing projects, a four-year degree holder can become qualified.

It’s worth noting that project management expertise must have been obtained within the past eight years. The project manager must also have experience in all phases of the project, from start to finish.

2. Educational qualification

A four-year degree (or worldwide equivalent) or a secondary degree (high school diploma, associate’s degree, or global equivalent) are required for PMP® certification. The field of study is irrelevant, as long as it is of technical background.

3. Training details

Obtaining a PMP® certification is a difficult task. It is a 35 hours long project. The certification must be passed with at least 60 PDUs. A PMI-certified education provider (REP) or a non-REP can deliver this sort of training.

Exam Pattern for PMP® Certification

The exam design for 2022 has 200 multiple-choice questions that must be completed in four hours and cover the following project management stages.

Initiating
Planning
Executing
Monitoring
Controlling
Closing

Exam Fee

For Members, the fee is around ₹23,459 and for non-members, it is around ₹42,863

Conclusion

Following the modifications to the test structure and PMP® exam eligibility in 2022, the PMP certificate in Manila will be in high demand in the next decade undoubtedly. PMP® is one of the most sought-after Project Management qualifications in the world since it opens the door to advanced talents.