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Career Opportunities & Pay for PMP Certified Individuals

The PMP certification opens numerous doors in project management. Certified professionals can get a job as a senior project manager, technical project manager, director of operations, and others. When it comes to compensation, PMI states that PMP accredited individuals have 25% higher salaries in the US compared to non-certified specialists. The average pay for PMP professionals is about $107k annually, according to PayScale.com.

Important Info: Target Audience and Requirements

To get the PMI PMP certification, you need to pass one exam that is designed for the professionals involved in project management. These individuals are the seasoned project managers who are usually responsible for all the aspects of project delivery, directing, and leading cross-functional teams.

There are certain formal prerequisites that one needs to meet to earn this certification. First of all, you should possess a high school diploma, Associate’s degree, or a global equivalent. In addition, you must have 5 or more years of unique and non-overlapping experience managing projects and attend project management training for 35 hours. Alternatively, the individuals need to have a Bachelor’s degree or a global equivalent as well as 3 years or more of unique and non-overlapping experience actively involved in professional project management. Additionally, the applicants must possess at least 35 hours or more of project management education. The third option implies that the candidates have a Bachelor’s degree or a Master's degree or its global equivalent. Also, they should have two or more years of experience managing projects as well as attend project management training for 35 hours.

To pass the PMI PMP exam, the students should demonstrate their knowledge and skills in defining the high-level space of the project depending on the business requirements; presenting the project plan to the main stakeholders for approval; achieving the project deliverables within a specified schedule and budget; communicating the status of the project to the key stakeholders; working with the customers and sponsors to obtain the final project deliverables.

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Planning

Project planning involves a series of activities aimed at supporting a project throughout its lifecycle. Some of the tasks you will be expected to perform here include:

• Developing human resource management as well as communication management plans;
• Presenting the project management plan to relevant stakeholders;
• Creating the project schedule;
• Designing the procurement management, quality management & change management plans;
• Planning for risk management by designing a special plan;
• Developing the stakeholder management plan.
• Designing scope management & cost management plans;
• Conducting kick-off meeting communicating the commencement of the project, key milestones, and other critical information;
• Reviewing and assessing detailed project constraints, assumptions, and requirements with stakeholders depending on the project charter;

Reference: https://www.pmi.org/certifications/project-management-pmp