Qualifications inspire trust in an individual’s knowledge and expertise, and PMP is no exception. PMP stands for the Project Management Professional certification and is offered by the Project Management Institute (PMI).
All too often, project management isn’t given the credit it deserves. While your experience managing projects is valuable in many ways, the best way to validate your expertise is through a recognised paper qualification.
The PMP qualification does more than just keep you busy and make your parents proud – it’s a two-way street. It adds value to you as an employee, to your paycheque, and to the company you work for. More on that below.
The numbers speak for themselves
PMP is still a fairly new qualification, making it an uncommon degree in the business world.
While the MBA is a valuable certification, it remains generic to a certain extent. Over time, it has also become a very saturated field of study.
PMP is more targeted and specialised, making it a far more valuable certification. It confirms that the PMP-holder has the specific skills and requirements an employer may be looking for in their project management employee.
Research shows that when the skills of your project management professional are cemented by a PMP certification, your company may experience far-reaching improvements in terms of stakeholder satisfaction, budget performance, quality, productivity, time-to-market, and a decrease in project failures.
Those that have gained the PMP qualification, on the other hand, report earning up to 25% more than non-certified project management professionals. It’s a win-win!
Behind every successful project is a PMP-certified project manager
Ensuring that your project management professionals are up-to-date on developments, methods, and technologies in the project management industry are essential to the continued development and success of your project management function.
The project management function has the opportunity to add significant value and growth opportunities to your business. To do so, however, you’ll need a skilled project manager.
Project managers need to be able to reconcile the added value of a project with the long-term goals and values of a business to bring a project to its successful completion.
Your company’s success has much to do with the quality of your workforce. The PMP qualification helps you create a benchmark against which you can measure this quality.
Calling PMP the gold standard in project management training isn’t just something we made up. CIO magazine confirms that PMP covers everything you need to adjust your knowledge and skills and handle a project manager’s trinity of constraints – time, cost, and scope.
PMI is also continuously working alongside businesses and academia to ensure that the certification remains relevant.
This is an important factor to consider when choosing the best course of study to take to improve your skill as a project management professional. This is especially so considering the fast-moving nature and rapid developments that characterise the current business landscape.
Don’t stop at PMP
How can you add value to a PMP-certified professional?
The corporate world is changing every day and you can either catch up or fall behind. It’s easy to fall behind, so the challenge becomes keeping up with the field and continuously moving forward.
Kronos Group training is rooted in our people development expertise and is designed to help you boost the value of your PMP-certified employees and enhance the value of your project management function.
Take advantage of the expertise we’ve built over the years through our Centers of Excellence and coaching programmes. We provide best-in-class training through specific or global programmes involving theory, case studies, role play, and best practices-sharing.
We also offer in-company training and customised solutions when it comes to setting up your Project Management Excellence Academy or specialised and targeted training to meet specific company needs.
Help your project management professionals grow throughout their careers, build on their experience, expand their skills, and enable knowledge-sharing while adding more value to your company with Kronos Group’s specialised training programmes.