What is Project Management?

Project management uses specific knowledge, skills, tools, and techniques to deliver value to people & the delivery of software for an improved business process.

Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

Why is it important to manage projects?

According to a survey by the Project Management Institute (PMI), only 58% of organizations realize the fundamental importance of project management.

Project management can bring the following advantages to the table.

• Effective communication

• Efficient resource management

• Improved customer satisfaction

• Flexibility and higher risk tolerance

• Improved team morale

• Better quality of the output

• Retrospective learning

I hope now you have an idea about project management. Let's see what is meant by PMP certification.

What is PMP Certification?

As the world’s leading authority on project management, PMI created PMP Certification to recognize project managers who have proven they have the skills to manage projects successfully. Project Management Professional (PMP)® certification represents an elite group of project managers. It demonstrates project leadership experience and expertise in any way of working.

It is applicable to project managers in virtually any industry, including health, construction, information technology (IT), and business.

PMP certification requirements

In order to take the exam, you’ll need to validate your education and project management experience.

• 35 hours of project management training.

• 36 months of experience leading projects if you have a four-year degree, or 60 months of experience leading projects if you have a high-school diploma or associate degree.

PMP exam cost

As of 2023, the exam fee is for PMP members: ₹21,933.00 for non-PMI members ₹42,863.00 in India.

Why a PMP Certification Is Important for Your Career?

It can be a rather powerful tool. Here are some reasons why the PMP certification can help you build your career successfully.

• It adds credibility to your skills.

• It can increase your chances of getting hired.

• It can help you achieve career growth.

• It allows you to keep up with the industry trends.

• It helps you establish influential relationships.

• It helps you enhance your skills.

Conclusion

This career is in high demand. The Project Management Institute (PMI) estimates that the global economy will need 2.5 crore new project professionals by 2030 in order to keep up with the demand.

I hope today you have learned something new about Project management & it's certification. Share your comments & share with your friends for more valuable content like this.