7 Amazing Benefits of PMP (r) Certification Training for Your Organization

“The Project Economy” is more than a collection of buzzwords. All growth-oriented companies are being persuaded by technological advancements and their competitive benefits to shift away from manual processes and towards IT-oriented projects.
The smooth and timely execution of these projects is key to business success. It requires a systematic scientific approach, a deep understanding of the framework, as well as efficient project management. This is where PMP(r), certification training for your staff plays a crucial role!
31% of all projects fail to meet their goals and 50% don’t get completed within the budget or on time. In organizations that don’t pay enough attention to project management, 67% of projects fail. Poor project performance results in more than 11% of investment losses.
“Organizations in North America spend an average $123 million per $1 billion on projects and programs because of poor project performance. This compares to the global average $114 million per $1 billion. – PMI’s Pulse of the Profession(r), 2020 research.
Industry-recommended solution The Project Management Professional (PMP(r)) certification.
Let’s learn more about “Project Management Professional Certification” [PMP(r),] and the benefits that PMP(r), training can bring to organizations.
Project Management Professional Certification: Everything You Need to Know
Project Management Professional certification (PMP(r),) is an internationally recognized credential offered by the Project Management Institute. It is often considered the most valuable certification for project managers.
This certification certifies your employees’ abilities to manage projects and bring them through to completion.
Validates their skills and experience in leading and directing projects or project teams.
Your team members must be proficient in managing a project from beginning to end, including planning, monitoring, controlling, and scheduling.
This guide covers the PMBOK(r), [Project Management Body of Knowledge] Guide.
This site explains the language of project management globally and connects them with a global community of experts, professionals, and organizations.
This position is suitable for experienced project managers who are responsible for all aspects of the projects and have general supervision.
You are also qualified to lead or direct cross-functional teams in order to deliver projects within budget, schedule and resource constraints.
Potential candidates for PMP(r), certification training include Project Managers and Associate Project Managers. IT Project Managers. Project Analysts. Project Leaders. Product Managers. Team Leaders. Program Managers/Sponsors. Project Team members.
Certification Process for PMP(r).
Download and read the PMP(r), Handbook.
Find out if you are eligible to apply.
Join PMI (The Project Management Institute).
Complete, submit your PMP(r) application.
Learn the PMP(r), certification training.
Schedule, take the PMP(r), get certified, and keep the project management professional certification.
A 4-year degree plus 3 years of leading projects and 35 hours of project management education/training or CAPM(r). Or
A high school diploma/an associate’s degree (or global equivalent) + 5 years leading projects + 35 project management education/training hours or CAPM(r) certification.Project Management Professional Certification Exam Format:
Exam lasts 4 hours and contains 200 multiple-choice questions.
The PMP(r), exam content currently comprises 5 domains. The new [2021] PMP (r) exam content will include the following three domains. * People: 42% of the items on the test.* Processes: 50%.* Business Environments: 8%.
The number of tasks will decrease from 42 to 35 and will include agile, predictive, and hybrid approaches. The 2017 PMBOK will not be changed, but the way PMI assesses students will change.
Cost of Project Management Professional Certification Exam:
PMI members get $405 and non-members get $555
To maintain PMP certification, 60 professional development units (or PDUs) must be earned every three year.
Organizational Benefits of PMP(r), Training & Certification
Sponsoring employees to complete PMP(r), certification training can make a significant difference in the bottom line. With over 33% of PMP certified project managers, they are able to achieve better results and complete more projects on budget and time.
Project managers who are PMP(r), certified, have exceptional efficiency. They are well-versed in the best practices, processes, terminology, and frameworks for project management.