When working on a project, it’s seemingly difficult to actually finish it. In fact, 31% of projects are canceled before their completion. Not only do you have your canceled projects, 88% that are completed are past deadline, over budget or both. Not to mention, for every 100 starts on a project, there are 94 restarts. So, how do you go about actually completing your project and at a timely manner? With a PMP of course.
So, what’s a PMP you ask? A PMP is a certified Project Management Professional. A PMP certification demonstrates that you have the experience, education and competency to lead and direct projects. Globally, there are 472,799 PMPs and more are coming as we speak. A projected average of 1.2 million new jobs per year for the next 10 years, to be exact. A PMP is the most important globally recognized certification for project managers and make $111,824 annually. That is $14,000 more than Project Managers without a PMP certification.
Interested in becoming a PMP? Before a Project Manager can take a PMP certification exam, you are going to need a few things. You will need a four year degree and more than 3 years of project management experience with at least 4,500 hours leading and directing projects. Or, if you only have a high school diploma, you can still become a PMP with more than 5 years of project management experience with at least 7,500 hours leading and directing projects. With these requirements, you must also have 35 hours of project management education. Once the PMP exam is passed, a PMP certified project manager must maintain 60 professional development units (PDUS) every 3 years.
Check out the inforgraphic below presented by Villanova University to learn more about PMPs.
Infographic by Villanova University Online, your source for PMP certification resources.