Project Management Professional (PMP) is a professional certification that is recognized globally. Project Management Institute ( PMI), which is a professional nonprofit organization in the United States offers this certification to interested people. PMP certification is a known and valued credential, especially for those who wish to undertake a subsequent step in their career.
On the other hand, PMP certification is considered important for project managers as well and PMP gives the project manager authority, and empowerment to carry out decisions on how the project 's progress in an organization can be altered. The project manager is the only one who properly acknowledges the project's considerable progress and is keeping an eye on the huge picture. Many team members rely on the project manager shares in the specific information.
The potential benefits of having a PMP certified professional in business are manifold –
Effective strategy linking and Execution
The changing global economy and market climate have propelled companies to execute projects on schedule and within a budget. The majority of the organizations carefully align their projects with their strategy. A certified project management professional acknowledges the value of project management better, and also acts as a link between the strategy of the organization and the execution.
Culture of Project Management
The bounding pulse of a PMP professional indicates that organizations with significant performance understand the value of project management. Such businesses are actively involved in sponsors and carry out a mature process of project management. The PMP certified professionals, therefore, establish a culture of project management in which the business achieves an average of 70% of effective projects. Moreover, high performing businesses are able to carefully foster a project management mindset in their culture which assists in sustaining competitive advantage as well.
A remarkable collection of structured processes could efficiently deliver the projects, despite unexpected risks. PMP professionals can efficiently handle the unexpected because they know to expect the unexpected. When business teams up with other businesses, there would be nothing to mix the processes and undoubtedly it can become prey to unwanted or unforeseen events and risks. A typical project management method and standard procedures promote teamwork, saves time, productivity, and easily mitigates risks. The PMI-approved methods, processes and the documentation provide a method for proper management, risk identification, and comparative analysis which is consistent in nature
Achievement of Strategic Objectives
The pulse of the profession also states that organizations with more than one-third of project managers accredited by PMP are more likely to the project goals effectively and efficiently. Such businesses are more likely to invest significantly less as compared to their peers.
Project Management Processes Regularity
The business which has PMP professionals and a well-trained workforce can better implement the benchmark project management processes. There is a direct correlation between having matured project management processes and project success. With a PMP Professional, a business can adopt improved processes and also enhance quality assurance which leads to better projects.
PMP certification Is valuable both to the employee and to the business. For a person, the learning and earning curve keeps growing, and employing them is a win-win for business. The updated skills, strategies, methodologies, redefined collection of tools, and so on help the organization acquire modern projects, produce productive projects, increase productivity, and eventually the growth of the business. PMI 's certification system is carefully structured to ensure that by fair and appropriate steps, all credential holders have amply demonstrated their competence. The purpose of the PMP Certification exam and its accompanying requirements is to amply provide assurance that the individual providing the project management service meets independently verified standards of practice.