What is PMP Certification? - Value & Benefits

Instructor: Laury Hales

Laury has taught in professional adult education settings for over 10 years and is currently working on a PhD in Organizational Psychology.

Like many professions, those in the the project management field can earn a certification. In this lesson, we'll look at the value and benefit of PMP certification.

What Is PMP Certification?

You've been a project manager for several years now. You're good at your job, and you've taken some time to educate yourself on project management processes and best practices. As a result, your projects run well, and you are able to handle pretty much any issue or crisis that comes up. You've just been promoted to the senior project manager level in your company and are looking forward to the larger, more challenging projects that come with the promotion.

Today, during your annual employee evaluation, your boss takes care to mention that you need to obtain your Project Management Professional (PMP) certification. Before leaving the meeting, you agree that you will look into the benefits and values of PMP certification.

Recognized world-wide, PMP certification is the gold standard of project management certification. It validates that someone has project management skills and knowledge at a high standard and is fully competent in the role of project manager. PMP certification requires specialized formal training and several thousands of hours of practical experience. You must also pass a rigorous certification exam. Once a candidate obtains the PMP certification, continued professional development units ensure a certified PMP person is up to date in the field of project management.

That sounds like a lot of work. Is it beneficial?

Value and Benefits of PMP Certification

Obtaining a certification as recognized and rigorous as the PMP is without a doubt beneficial. The benefits to project managers who obtain the PMP include:

  • Validates real world experience
  • Strengthens resume
  • Increases salary potential
  • Increases promotion potential
  • Strengthens communication skills
  • Introduces a community of like-minded professionals

Validates Real World Experience

PMP certification can't be obtained without a strong background and experience in the field. Unlike certifications which require only formal education and examination or examination only, PMP certification clearly conveys that you have experience in the field and have chosen the project management field as a career.

Strengthens Resume

Competition for choice positions is often stiff, and candidates with PMP certification have a clear advantage. Many times, you won't even make it to the interview without PMP certification, So, the certification acts as a foot in the door to that much desired project manager position. Because a PMP certification validates experience and formal education, it lets employers know you can handle challenging projects and ensure on time and on budget results.

Increases Salary Potential

Obtaining a PMP certification dramatically increases your salary potential. Project managers that hold PMP certification earn over 15% more than their peers who don't hold PMP certification. Moreover, credentialed project managers routinely earn six figures in the United States.

To unlock this lesson you must be a Study.com Member.
Create your account

Register for a free trial

Are you a student or a teacher?
I am a teacher

Unlock Your Education

See for yourself why 30 million people use Study.com

Become a Study.com member and start learning now.
Become a Member  Back

Earning College Credit

Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Create an account to start this course today
Try it free for 5 days!
Create An Account
Support