PMP® - Did You Know About the Demand? | Project Management

Did you know the rise of the demand for qualified project managers? 12%*

Did you know   number of jobs expected to be created in the global industries  like  IT,  BFSI, Manufacturing, Oil and Gas, Construction?  It’s about 15 million jobs.*

Did you know the median salary of a project manager in the U.S? $108,000*

Did you know how much more a PMP credential holder earns? 16% more*

Did you know the number of number of PMP credential holders at the beginning of 2014? 600,000   (723,067 as of May 2016.)*

* The data presented about is sourced from PMI’s Industry Forecast – “Project Management between 2010+2020”, March 2013.

So it is interesting to note that the PMP certification has not lost its sheen. If anything, things are brighter for the PMP holder who commands immense respect in the market. The syllabus after Jan 11, 2016 has been upgraded and the exam is tougher than before , thus clearing the certification is  matter of pride and prestigious as well. As a certified professional you are an inch taller, and for sure head over shoulder amongst your peers, who are uncertified.

There are some impressive infographics about project management – in terms of need, importance, growth and salary

Source:

PMI’s Pulse  of the Profession: The High Cost of Low Profession 2014’

PMI’s project Management Talent Gap Report 2013

Payscale.com

PwC’s Insights and Trends: Current Portfolio, Programme and Project Management Practices’

The trends forecast job-openings all over the map and the salary structure seems to be growing in pyramid. But the most important insight from the infographics is the 'losing of 109 Million Dollars for every Billion spent on Projects and Programs'.

You can  create a difference. Do you want to do PMP and imprint your own footprint? 

What are you waiting for? Do it Now!

Get PMP® Certified – You Just Get Better | Project Management

image courtesy: http://blogs.ucontinental.edu.pe/wp-content/uploads/2016/09/6_project.jpg

We were classmates since kindergarten.  And hung around together. Its our individual pursuits that led us into different league – and today as working adults we catch up good old times and reminisce about the days of yore. He is a seasoned professional, and the very title of ‘Director’ made me size him up and down. As small talk whittled and we started discussing professional journeys embarked, certain details shared with me were just startling.

He is employed in a fortune 500 company, and has a dedicated recruiting team. For reasons known best to him, the discourse focused on the frustration of a recruiter. Now that beats me!! With the talent in the market, it must be a breeze in the park to shop – in fact, ‘pick and choose’.  “Far from it. Reality is grim my friend. I give a mandate to the recruiter team and from the heap of resume they receive, and after vetting with due diligence, I only get to pick 30. A number I set for myself so that the scrutiny is really stiff”. Engrossed, I didn’t realize the tea was getting cold but questioned “what’s the pain point?”

“It’s the fitment. The candidate must be primarily from our domain to be completely conversant, independently handle client, responsible for end-to-end to project implementation, and toss in portfolio management….” And I was muttering “be ready to go to moon or mars in a days’ notice”, but he completes “and the candidate must be PMP^® certified.”

Phew!!  Is that all?

He smiled “I was just warming up not wanting to ruin your evening with the professional banter. Its a tough world. I will fill you more about it later. Let’s order some snack and grind good old things.”

It was an evening celebrating old times and as we parted with a promise to catch at least whenever time permits without a timeline, I took leave with the requirements he listed as ‘Job Description’ resonating in me like the clanging cymbal. Just couldn’t miss and kept playing again and again. Though he kept PMP^®  certification to the last, it was very apparent that without PMP^®  the candidate wouldn’t even be considered. The resume cast away as one among the many who couldn’t make it despite the experience bereft the PMP^® certification.

By now, every aspirant or practicing professional knows what really makes the cut above the crew – PMP^®  certification. 

PMP^® plays a pivotal role in marketing your profile. It matters much a how can grab the eyeballs and retain the attention. PMP is more than a selling point. When complemented well, it will be a slam-dunk.

PMP^® Certification holders are largely presumed to be conversant with the subject matter because of the stiff eligibility criteria, random audits and the tough exam wherein passing at the first attempt is deemed a major accomplishment.

PMP^® proves you are a qualified professional and hence eligible to be counted as a prospect to lead projects and groomed to take up larger roles and responsibilities

PMP^® provides job opportunities that are terrific because the number of certified PMPs is just a small number and hence you are in great demand

You get to work in challenging projects by virtue of the certification as it is a testimony to your education, experience and expertise.

It broadens your horizons given that PMP is globally acknowledged and instantly recognized. With every engagement, you strengthen your skills and upgrade your learning.

  

Specialize in a particular domain or expand out further depending on your appetite and areas of interest. Consequently, you speak different industry, or geography and can speaks many languages professionally – not just the vernacular but also technical.

PMP^® benefits your employers who are keen about their ROI with an eye on the bottom-line. Remember, you are a true asset to your employer as you enable the company to complete the project within time and cost, of course leading a team and as a team player. These attributes of team player and team spirit is implicit and that’s why the intent in the first place to hire.

PMP^® pays. Check your earning and see your salary soar. PMP^® certified professionals command a distinctive lead that’s difficult to catch up in terms of salary. Easily a PMP certified professionals earns 20 % more than a no-certified.

The truth is much more than that parting line. Check the report from Payscale 2016 about PMP salary average.

 

PMP certification holders earn 20 percent more than their non-certified peers according to Earning Power: Project Management Salary Survey, Ninth Edition. – source: https://www.pmi.org/certifications/types/project-management-pmp

Now that you are become a part of the exclusive global community of PMP^® holders, the future is all yours. Steer your way through and chart your own course.

PMP® - The earning capacity from a global perspective | Project Management

image courtesy: http://sites01.lsu.edu/wp/cxc/files/2014/02/5-majors-with-growing-salary-potential-in-2012.jpg

Take a wild guess about the number of PMP^® certified professionals? Save your breath – it’s just as of 723,067 as of May 2016. That’s a miniscule number against the world population of 7.5 billion.

PMP^® is one of the renowned and recognized professional certification acknowledged globally that makes the holders privileged. And if the numbers of certified professionals are anything to go by, it sure makes them the most elite and exclusive.

Admittedly becoming PMP® takes time, effort and money. But look at the returns. Its fashionable or even pretence to employ jargon in conversation without knowing the meaning or understanding the core concepts. PMP® empowers with the education the project management. one tend to infer cost expense but Cost management as a module that you will study in PMP^®   is more than mere expenditure.  It’s the learning and understanding that makes a PMP^® certified professionals stand out. For the scope of this blog, let’s focus on the earning capacity from a global perspective.

The Earning Potential is tremendous:

The ‘Earning Power: Project Management Salary Survey, Ninth Edition’ presents a detailed study of the salary structures, some of which are captured as under for your reference.

for ,ore details of Project management Programs, please do visit our website http://www.icertglobal.com/ or email us at infor@icertglobal.com.

Thank you for visiting our blog and we hope the information provided was useful to you.