Friday, December 31, 2010

The Benefits of Obtaining Project Management Certifications


Project Management Professional (PMP) and Certified Associate in Project Management (CAPM) are highly recognized by many leading organizations today. The CAPM certification aims to ensure proper project management skills and knowledge are properly instilled in the project leads. Anyone with a PMP credential is honored to hold the role as the Project Manager as this certificate is an identification of professionalism in Project Management. PMP guidelines are designed to measure experience, education and professional knowledge.

Getting accredited with a Project Management program certification by any renowned University or School is truly important as it helps to increase your market value as you scale. This is beneficial for your future career growth and expansion.

Below are the expected benefits for anyone with a renowned project management certification,

1. Lead to a higher market value

Typically your qualification level and working experience are the two main factors which are driving your base pay as a Project consultant or Project manager, adding a project management certificate in your collection helps to accelerate the increase of market value for one self. More and more companies have started to acknowledge the importance of this skill and therefore have called out the prerequisite for them to hire for project consultants or project managers. This certification may lead to an increase of approximately 15%- 30% of one's base pay.

2. Opens Doors to New Clients

Getting yourself certified does make some difference in getting prospective clients to be willing to meet up with you. It can also be an important factor for a client deciding whether to hire you over another consultant or freelancer. It is indeed of no surprise with the triple-fold increase of certified project managers over these recent years as more and more people begin to realize the necessity of being recognized.

3. Offers International Recognition

A PMI certification has been highly recognized with International standards. It offers the key to International recognition and for one to stay competitively attractive with Global standard. Getting a PMP-certified consultants are in the trend. Many companies has unduly increase their pay rate to get someone with the rightful skill in as their project consultant or project manager. It is even better, if that someone is PMI certified at the same time.

4. Establishes Credibility

For one who has obtained the Project Manager Professional (PMP) certification, it proved that he/she has demonstrated adequately the ability to apply knowledge, skill and attributes as a Project Manager with proper established guidelines. Certified professionals also agree to abide by an industry-accepted code of ethics and professional conduct. Being PMP certified represents a higher-level of professionalism and knowledge which helps to boost one's credibility as a potential project consultant.

5. Stay competitively above your competitors

Competitions are stiff between competitors and it is very difficult to keep up with the competitiveness of others in the market. Seeking for advance professional qualification or seeking for consistent guidance from your University lecturers and seniors helps to furnish you with the needed information and knowledge.

6. Lead to better pay and faster promotions

Despite the down-turn in the job market recently, the requirement for Project Managers has increased exponentially. Based on the latest surveys, there are 20% more jobs than PMP/CAPM Certified Professionals available. This has created an extremely good prospect for Project Managers who have these PMP/CAPM credentials. Earning such a certificate can lead to at least a 10% - 20% compensation increases depends on the sector one is in.

7. Highly recognized by the Global and leading companies

PMP/CAPM certification have increasingly being officially recognized by many leading organizations (e.g. Microsoft, IBM, American Express etc to name a few) whom have actively endorsed these, have increasingly encouraging their project managers to enroll for these programs to obtain these certificates in order to be competitive with their counterparts and competitors.







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