In the World, over a million project management experts have invested in their careers through PMP certifications. Why are they all investing in PMI certifications? It offers globally recognized credentials for career advancement. You can consider everything from high-earning possibilities to managing the most challenging projects; PMI certification is the best way to invest in your career.
Project management certificates provided by the PMI are highly desired and can improve the salary for project management professionals and ensure employment satisfaction. Project management professionals considering pursuing advanced certifications, such as PMI-SP or an initiation-level certification like CAPM, are in the right place. We will guide you through the top PMI certifications that benefit individuals at all stages of their careers.
Benefits of Obtaining a PMI Certification
Learning and upgrading new skills are essential for professionals’ growth. Therefore, obtaining PMI certification can positively influence your career growth. Here are some benefits listed below:
Provide Career Opportunities:
PMI certification offers a wide range of career opportunities. In addition, global certification provides a competitive edge and credibility that help in job searching. The large and complex projects require PMI-certified professionals to manage the process.
Enhance Skills in Project Management
It improves your knowledge and advances your skills. Therefore, the certification curriculum allows you to cover various aseptic techniques and tools required for the project management role. It helps professionals understand the best practices for managing a project. In addition, it enriches skills in planning, execution, and monitoring.
Increase Earning Potential
PMI certification enhances an individual’s earning potential by around 20% compared to non-certified individuals. Multiple studies identified a positive correlation between the PMI certification and salary increments. The employers value the experience and skills of certified individuals and their significance in a project.
Achieve Global Recognition
It is a global certification that provides international recognition. Multinational companies are hiring PMI-certified professionals due to their project management proficiency.
Manage Diverse Projects
The certification equips professionals with diverse skills and knowledge that help them in complex projects. Comprehensive knowledge and proficiency help individuals manage complicated situations.
Best PMI Certifications
1. Project Management Professional (PMP)
The PMP certification is popular among individuals determined to get into project management. PMP-certified individuals can upgrade their skills in human resource management, project leadership, decision-making, and project execution. Well-trained project managers can work in any industry and organization. To become certified, one needs to pass a test with 180 questions.
Requirements
Candidates with a bachelor’s degree should have 3 years of experience in leading projects, or individuals with an associate degree/high school diploma should have 5 years of experience in project management in the last 8 years. You must have 35 hours of training or a CAPM certification.
2. Certified Associate in Project Management (CAPM)
The CAPM certification training aims to help people learn the skills they need to start a career in project management. It might be the first step toward a job in the field.
Requirements
A high school, secondary, or associate degree, coupled with 23 hours of project management training, is required.
3. Portfolio Management Professional (PfMP)
The certification program PfMP proves that a portfolio manager has a comprehensive knowledge of managing advanced portfolios and executing organizational development strategies.
Requirements
You must have one of the professional qualifications in the last 15 years. The first criterion is 8 years of professional business experience or 7 years of portfolio management experience. If you have a bachelor’s degree, then you must have 4 years of experience in portfolio management or 8 years of experience in business professions. If you completed your bachelor’s degree from GAC programs, then you need to have 3 years of experience in portfolio management and 8 years of experience in this profession.
4. PMI Risk Management Professional (PMI-RMP)
Individuals who obtain a PMI-RMP certification can showcase their skills and abilities in assessing the risks of a project and taking preventive measures. This is a beneficial certification for risk managers.
Requirements
It’s essential to have a high school diploma, 40 hours of training, and 3 years of project risk management experience within the last 5 years. In addition, a bachelor’s degree requires 30 hours of training and 2 years of project risk management experience. Again, a bachelor’s degree or higher education from a GAC-accredited program with 30 hours of training and 1 year of project risk management experience
5. Program Management Professional (PgMP)
The PgMP certification is targeted at those individuals who have vast experience in handling multiple projects. A PgMP-certified professional shows his/her ability to lead multifaceted initiatives in the context of different companies or even in different geographical locations. It is the most viable option for higher-level job roles.
Requirements
It’s necessary for aspirants to have a high school or secondary school diploma with 4 years of project management experience or 7 years of program management experience within the past 15 years. Another eligibility criterion will be a bachelor’s degree or higher education with 4 years of PMP experience or 4 years of program management experience within the past 15 years. The last one is a bachelor’s degree or higher education from a GAC-accredited program with 3 years of PMP experience or 3 years of program management experience within the past 15 years.
Conclusion
Obtaining a PMI-recognized certification will help you showcase your project management skills to companies and industry professionals in the future. The PMI certification that suits one’s knowledge of project management framework and experience level might differ from one person to another. A thorough examination of the exam fees, maintenance requirements, and prerequisites of every certification is essential before choosing the best certification. This will allow you to make the right decision for your career growth.
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