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Benefits of Becoming a PMP
May 22, 2008 | Author: admin | Filed under: PMP
Benefits of Becoming a PMP
By PM Hut
Becoming a PMP carries many benefits, ranging from an increase in Salary (sometimes substantial) to an increase in confidence, a better recognition, and finally, a feeling of self-satisfaction. Such benefits are usually experienced by Junior Project Managers (Senior Project Managers will rarely feel any difference).
Salary Increase
A recent survey done by GlobalKnowledge states that on average the Project Manager’s salary increases by 15% (sometimes double this percentage) once s/he becomes a PMP. The salary increase is usually something that your company has to do (especially in the very likely case where they sent you for the PMP exam). Not having a salary increase within a reasonable amount of time after becoming a PMP is a sign that you should start seeing your options.
Increased Self-Confidence
Becoming a PMP, especially when you’re a junior Project Manager, will increase your self-confidence as you will have proof from a recognized institution that you have the necessary skills a good Project Manager should have. Self-confidence is obviously a no-factor when it comes for a seasoned Project Manager.
Better Recognition
Once you become a PMP, you will feel a concrete recognition that you’re now a better Project Manager. This recognition will translate differently when it comes to your company. This recognition will translate into more authority/promotion and a hike in your salary. It will also strengthen your position within the company as a valuable resource that other companies might seek. Speaking of which, now that you have an internationally recognized certification, your CV will shine more and you will be more likely eligible for that overseas, high-salaried, excellent benefits Project Management job you’ve been dreaming about. The good thing about this is that not only this recognition is just within your company, but across almost every company in the world.
A Good Feeling of Self-Satisfaction
Last but not least, you will certainly feel satisfied that you’re now a PMP. It’s not really about the certification itself, but more or less about the test itself, you took a test, and you passed. You accomplished something. Although dreading tests (of any kind) is a human nature, passing a test usually makes the person feel victorious and will strengthen him/her on differently levels. Self-satisfaction is felt by Junior and Senior Project Managers alike.
Taking the PMP Exam might not make you a better PM, but it will most likely benefit you. Additionally, such certifications are usually paid and maintained by your own company, so you’ve got nothing to lose, and a lot to win. Remember, just becoming a PMP will give you an international acknowledgment that you’re now a better Project Manager. Again, whether becoming a better Project Manager is true or not, is another issue, but until then, enjoy the benefits.
© 2008 PM Hut - The Project Management Hut
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1 person has left a comment
Great breakdown. I agree that becoming a PMP does not necessarily make an individual a better PM, but it does do a lot for the individual. As I transitioned from a career as an Air Force Acquisitions Officer to Corporate America, I made sure that I had a PMP certification on my resume and am very happy that I did.