2) Research information about the PMP certification and list at least 2 websites / articles URL’s that describe the requirements. What are the benefits of a PMP certification? Do you think it is worthwhile for project managers to get certified? Explain briefly.

The 6  PMI Certifications:

• Certified Associate in Project Management (CAPM)^®
• Project Management Professional (PMP)^®
• Program Management Professional (PgMP)^®
• PMI Agile Certified Practitioner (PMI-ACP)^®
• PMI Risk Management Professional (PMI-RMP)^®
• PMI Scheduling Professional (PMI-SP)^®

Requirements:

• A four-year degree (bachelor’s or the global equivalent) and at least three years of project management experience, with 4,500 hours leading and directing projects and 35 hours of project management education.
  OR
• A secondary diploma (high school or the global equivalent) with at least five years of project management experience, with 7,500 hours leading and directing projects and 35 hours of project management education.

PMP Training

·    Before an applicant is eligible to take the PMP exam, she must participate in 35 hours of training as a project manager. PMP training courses are available through PMI, private organizations and at institutions of higher education globally. The PMI credentials handbook provides a comprehensive list of training courses and class sites.

Exam Completion

·     The final step of the PMP credential process is passing the PMP exam. The 200-question test covers the knowledge areas of project management, including human resource management and project risk, procurement, time and cost . In addition, the PMP exam tests each applicant's knowledge of the core tasks of a project manager, including initiating, controlling and executing a project successfully.

Ongoing Training

·    Once a project management professional has obtained credentials through PMI, she must maintain certification by participating in ongoing project management training. PMI offers more than 60 professional development units for certified professionals and reviews each applicant's progress after a 60-day probationary period. PMP professionals can apply for renewal one year after passing the PMP exam.

Maintain Your PMP

As part of PMI’s Continuing Certification Requirements program, a PMP credential holder will need to earn 60 PDUs per three-year cycle. To learn more about the program, what are PDUs, how to earn and claim them, as well as step-by-step instructions on how to renew your certification, watch the CCR video. You can also reference the latest PMP Handbook found on PMI.org

Benefits of Certification:

Higher Salary

·    According to PMI, project managers who have earned the PMP credential often earn higher salaries due to their certification . Those who take the extra step to earn their certification show commitment to the project management career path. Additionally, the PMP certification prepares you for and often leads to a higher level of career responsibility, additional opportunities and career advancement.

Additional Networking

·    PMI offers additional networking options to those who have earned their PMP certification. It has organized local chapters and special interest groups you can join to network with other project managers in your community, as well as extensive online communities. Additionally, PMI has created an online career headquarters allowing PMPs to search for jobs, post their resumes and receive career advice.

Enhanced Marketability

·    For many project management job openings, you won't even be considered without the PMP certification. Even one it is not required, employers look at the credential as a preference when looking at prospective employees. Employers recognize that those with a current PMP not only are required to meet the stringent requirements to initially earn the PMP certification, but also must keep their skills and knowledge up to date through continuing education.

Why get certified: Villanova Univ,

·     According to the Project Management Institute (PMI), the average annual salary for PMP^® certified Project Managers in the U.S. is $111,824, almost $14,000 more than the salary of those without PMP^® certification.* (*“Project Management Salary Survey, Seventh Edition,” Project Management Institute, 2011)

 

·    PMI also reports demand for project professionals is staggering, with an average of 1.2 million projected new jobs needing to be filled each year for the next decade.** **“The World Needs You to Teach Project Management,” Project Management Institute, September 2010.

 

·    The 2012 PMI Pulse of the Profession study found that organizations with more than 35% PMP certified project managers had better project performance. And according to a 2007 PricewaterhouseCoopers survey, 80% of high-performing projects use a credentialed project manager.