This credibility generates trust in prospective clients and justifies employment and higher compensation from current or potential employers. Project management skills are relevant to businesses of all sizes and industries, so obtaining a PMP certification is an excellent way to leverage your value in any organization.Ĭertified project managers have proof of technical skills and competency in project management. The benefits of the PMP certificationĪlthough a PMP certification is not usually required for project manager jobs, this globally recognized credential comes with many benefits. It has become the gold standard in project management certifications and is respected and sought after by organizations in many locations and industries. The PMP certification was accredited by the International Organization for Standardization (ISO) in 2017. Now, there are more than 1,000,000 PMP credential holders worldwide. Only 56 individuals sat for the initial launch of the PMP exam. In the meantime, PMI established a Certification Committee and administered the first Project Management Professional exam on October 6, 1984. Reports beginning in 1980 describe the development of standardized project management procedures, culminating in the first official A Guide to the Project Management Body of Knowledge ( PMBOK ® Guide) in 1996. Fittingly, the PMP certification began as a PMI project “ to develop project management standards, ethics, and accreditation.” PMI was initially conceptualized and established between the 1960s and 70s as a forum for the project management community. Today, PMI is a giant in project management. The PMP certification signifies the professional who earned it possesses the training and competency required to successfully lead and complete projects of any size and complexity. Business Environment (8% of the exam): highlights professional competencies in evaluating and managing project compliance, project benefits, and external and organizational changes.Ĭurrently, the PMP exam includes 180 multiple choice questions with a 230-minute time limit.Process (50% of the exam): emphasizes the technical aspects of managing projects, including managing risks and communications, overseeing the budget and schedule, ensuring quality, and more.People (42% of the exam): focuses on skills related to building, leading, and supporting a project team, including managing conflict, collaborating with stakeholders, addressing challenges, and more.PMP certification aspirants must meet certain requirements to apply for certification and then pass the rigorous Project Management Professional (PMP) ® exam overseen by the Project Management Institute (PMI). PMP stands for Project Management Professional ® and assesses project leadership skills across predictive, agile, and hybrid approaches to project management. Earning this certification demonstrates a project manager’s proficiency and marketability to employers and clients alike. The PMP certification was created to verify project managers possess the industry standards for accepted project management skills and procedures.
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