What does PMP stand for?
PMP stands for Project Management Professional. It is a project management credential awarded by the Project Management Institute (PMI). This credential is internationally recognised and is held in high regard by potential employers. It is aimed at people who already have some experience in project management and would like to formalise their knowledge and skills by becoming certified as a project manager.
If someone has a Project Management Professional credential, it usually indicates to potential employers that the person has the necessary knowledge, skills and experience to manage different types of projects successfully.
Why go for PMP?
- It will prove to future employers or clients that you have the skills, knowledge and experience that you need in order to manage projects and complete them successfully.
- It enhances your credibility as a project manager.
- It will increase your employability as well as earning potential. People are more likely to employ PMP-certified project managers as opposed to project managers without the credential or an equivalent. Certified project managers also tend to earn more than uncertified project managers.
- It is a credential that is recognised and respected internationally.
- Project management is a rapidly growing field.
- It focuses on general project management, and will therefore not limit you to working in a particular type of industry.
How to obtain your PMP credential?
In order to obtain the PMP credential, you need to meet the minimum eligibility requirements set by PMI. If you meet these minimum requirements, you can apply to PMI to take the exam, which you will need to pass in order to obtain the qualification.
The minimum eligibility criteria are:
- You must hold a secondary degree (high school diploma, associate’s degree, or the global equivalent), and have at least 5 years of project management experience with 7500 hours leading and directing projects, and 35 hours of project management education.
- You must hold a four-year degree (bachelor’s degree or the global equivalent), and have at least 3 years of project management experience with 4500 hours leading and directing projects, and 35 hours of project management education.
If you meet these minimum requirements, you can start the application process with PMI. On their website, you can find the details regarding the application process and which documents you will need to submit in order for your application to be considered.
After passing the exam:
Once you have earned your PMP credential, you will need to meet the requirements of PMI’s Continuing Certification Requirements (CCR) programme in order to maintain your credential.
The CCR is aimed at making sure that people keep up to date with what is happening in the project management field, and that their knowledge and skills remain relevant. This aspect adds to the value of the credential.
The CCR programme works according to a three-year cycle. This means that you are required to earn 60 Professional Development Units (PDUs) in every three-year period. The first three-year period starts running from the date on which you passed your exam.