Q1. Who should learn PM knowledge and who should get PMP® certificate?
PM knowledge is handy to have, even for those who do not need to get certified as projects are everywhere, and most of the time in our lives, we are dealing with projects in one way or the other. Thus better understanding and application of project management knowledge and skills can really improve the quality of our personal and work experiences. PM knowledge is highly useful, especially for those who want to grow professionally and to achieve their career goals. For professionals of diverse fields, the PMP® certification is becoming a must have skill. PMP® certification has no industry limitation, and finds its value in various industries, including IT, construction, pharmaceutical, manufacturing, telecommunication, financial service and transportation etc. If one wants to move into any management role, like senior manager, functional manager, project manager, IT architect; or wants to take higher level technical positions such as senior engineer, senior developer, supervisor; or aspires for becoming a business owner, independent consultant, etc then PMP® training would be surely an applicable and a valuable asset for taking on such roles successfully.
Q2. Why does a company need project management and a PMP®?
Good project management is the key factor in improving the quality, and the success rate of the project. It enables efficient use of resources to achieve positive impacts on the bottom line. It is now a proven fact that a PMP® finds himself better equipped with ability and capability of handling project management challenges more proficiently. It is thus no surprise that PMP® certification has become a highly respected credential for PM practitioners, the world over.
Q3.What is the demand for the PMP® credential?
Because understanding and application of good project management practices are the key factors for a project success, so a PMP® can positively influence the project outcome with much higher chances of success. The market data has shown the following about PMP®certification:
Its among Top 10 hottest certification since past 6 years.
Its among Top 10 most sought after certification by IT professionals since 2006.
Its among Top 10 certificates that are most required in job market today.
Q4.What differences are there between PMP® and MBA qualifications?
MBA is a degree, whereas PMP is a professional credential. An MBA graduate is educated in skills of decisions making based on the financial data and management aspects. On similar lines a PMP also learns how to successfully manage resources prudently through planning, controlling and scheduling functions. Thus a project manager can be MBA or PMP or both as these are complementary qualifications.
Q5.What are benefits of getting the PMP® credential?
As a PMP, one gains a better understanding of the interaction and management of project knowledge areas such as Integration, Scope, Time, Cost, Quality, Human Resources, Communication, Risk, and Procurement This helps one to confidently carry out responsibilities with successful results leading to greater chances of getting promotion and/or salary rise.
Q6. As a new landed immigrant could I get a job if I attain PMP® Certification?
One certainly enhances his chances in the job market with certification like PMP®. It provides better approach of mindset and allows logical thinking for management. By attaining such credential one would more likely catch attention of employers seeking such skills for their employees. Aditionally, the PMI® certification is now globally recognised and specially becoming a must have certification for professionals in North American Market.
Q7. If I get PMP®, will I get promotion or salary rise immediately?
If one really utilizes the PM knowledge in a demonstrable manner which starts bringing value for the organization then his/her position to negotiate for better compensation becomes surely better.
Q8. Is there any PMI® certification for less experienced professionals who are just entering market after completing their studies and don’t qualify for PMP® Exam?
Yes. Its CAPM® (Certified Associate in Project Management). One can take the PMI® exam for this certification after completing 23 hours of PM education even with no previous experience of project management. This certification is also globally recognized and one can later take PMP® certification exam once the required experience of project management has been achieved.