- Exam: PMP (Project Management Professional)
- Certification: PMP (Project Management Professional)
- Certification Provider: PMI
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The PMP certification offered by PMI is an industry-standard for kickstarting a prestigious career. It knocks on the door of advanced job opportunities in project management. The globally recognized Project Management Professional certificate tells people you know what you are doing in the field.
Who Is PMI PMP Certification Intended For: Main Prerequisites
PMP applies to anyone passionate about handling every project’s lifecycle right and bringing it to completion. This certification recognizes the ability of an individual to manage all the stages of managing projects and validates the related experience as well as specific skills that employers seek.
Before you apply for PMI PMP, make sure you meet any of the following sets of prior requirements:
- A four-year degree, 3 years leading projects, and at least 35 hours of education in the sphere that can be replaced with the CAPM certification
- A high school diploma or an associate degree, 35 hours of project management training or its equivalent in the form of CAPM certification, and 5-year experience in leading projects.
What to Know About PMI PMP Exam?
The PMP certification exam lasts for 4 hours with no breaks and consists of 200 questions. The first 25 of them are excluded while scoring because their purpose is to test the validity of the exam in the future. When it comes to the whole certification process, first, you will have 90 days to complete your application for the exam. Once you submit your application, PMP reviews it and informs you if you are accepted or not.
Once got enrolled, you have to pay a registration fee of $555 if you are not a PMI member. If you are a PMI member, it will cost you $405. Once PMI receives your payment, you get an eligibility number that is mandatory for scheduling and is valid for a year. Notice, that you can take this exam up to three times a year. There is no fixed score for the PMP certification test since it depends on the questions you get. If you face easy tasks, the score you must achieve will be high. Typically, it hovers around 60%-70%.
What Domains Are Covered In The PMP Certification Exam?
The PMI PMP exam is divided into five domains, each of them has a specific percentage of the overall content and covers a specific stage of the project management process. This exam is not easy. You can only do it with good preparation and in-depth knowledge. Generally, it measures the candidates’ competency in the following topics:
- Initiating (13%)
The first domain relates to the initial stages of project management. It involves identifying key deliverables, early assessments, and working with stakeholders to control the scope of the project. Also, the tasks included in this section check one’s skills to define high level risks and assumptions, choose the most appropriate implementation strategies, analyzing information as well as performing benefit analysis.
- Planning (24%)
The second part of the test covers determining a schedule, developing plans, finalizing the scope of the project, planning for human resources, and risk management. It assesses one’s skills in developing Plans for procurement and communications. To succeed in the associated questions, one should also know about setting a budget as well as managing project costs, create a plan for quality management, and set the quality standards along with identifying strategies for risk response.
- Executing (31%)
The third tested area includes the implementation of plans developed during the planning stage. This part helps in devising project plans that are important for making it successful. The skills measured under this domain involve management of task execution, applying the quality management plan, and implementing changes. Also, knowledge of project budgeting and continuous improvement processes is required.
- Monitoring & controlling (25%)
The fourth section deals with adapting to unplanned development, ongoing risk assessment, and ensuring the deliverables are in the hands of stakeholders. Also, it focuses on tracking techniques, project control limits, tools for monitoring and quality management, risk identification, risk response, etc.
- Closing (7%)
The last domain covers obtaining feedback, legally ending the project, documenting lessons learned during the project, and delivering all the deliverables to stakeholders. The skills measured within this section include close-out procedures, archiving practices, techniques for transition planning, project review, and performance measurement, among the rest.
What Career Opportunities Can Certified Professionals Get?
There are a lot of opportunities for PMP certified professionals since they are in huge demand nowadays. Here is the list of professions you can opt for:
- Project Manager
- Project Executive
- Technical Project Manager
- Project Delivery Manager
- Team lead
- Business Analyst
Moreover, if you are PMP certified, you will get a more handsome salary than non-certified people. The average compensation for a Project Manager with such a certificate is $112k per year, revealed by PayScale.com. The technical project managers earn around $93k per year. The majority of the business analysts’ salaries range between $50k to $98k per year. It demonstrates that you can have a promising career when you earn the PMI PMP certification.
After obtaining the PMP certification, you need to keep earning PDUs to renew it, since the validity period is three years. PDUs are is the professional development units that are compulsory to maintain your PMP certificate and can be earned during education, teaching, and other activities.
If you want to acquire higher-level certifications, you can also go for PMI Program Management Professional. It requires one to pass the PgMP test and prove you have the PMI PMP along with a secondary degree or a four-year degree and 7 or 4 years of experience in program management, respectively.
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