Are you a young career aspirant looking for the perfect career? If so, you need to know that Project Management is a booming career sector. It offers ample career opportunities and can help you draw lucrative rewards. However, suppose you are to excel in project management. In that case, you need to have the right qualifications and certifications as well, and the Project Management Certification (PMP) is a vital certification that you need to have. If you are already working in project management, you are wondering whether it is worth having the PMP certification. If you are not too sure, the following are the main Pros & Cons of Project Management certification examination.

PMP Certification Pros

1) PMP Certification looks excellent on your Resume

Adding PMP Certification to your CV might mean the difference between landing a job as a project manager and losing out to someone else who is PMP Certified. It is because many firms nowadays have made the PMP Certification a requirement for project managers, and they won’t recruit anyone without it.

2) Your Project Management Professional (PMP) Certification will add value to Your Experience.

You must have a minimum of 3 years (4500 hours) of project management experience if you have a bachelor’s degree and 5 years (7500 hours) of experience if you have an associate’s degree to be eligible to apply for the PMP test. To make sure that project managers are being honest about their experience, PMI has an audit mechanism in place. PMP certification has a huge scope in the post covid pandemic scenario.

3) Project managers with the PMP certification earn more money than those without.

A PMP certification might help you command a more significant income than project managers who are not certified. According to one poll, the PMP is the IT Certification with the highest salary. In six significant nations, PMP-certified project managers earn $100,000 more than non-PMP-certified project managers, according to the 2010 PMI Salary Survey.

4) Networking and Job Opportunities Can Be Found With PMP

You are connected to every other PMP in the world, and there are many of them. In the August 2011 edition of PMI Today, the organization reported having 357,770 members worldwide, which is rising. In most significant metropolitan areas, PMI organizes frequent PMI meetings where members may connect and learn about project management philosophy. The sessions can also help PMPs accumulate the necessary Professional Development Units (PDUs) for their three-year certification renewal.

PMP Certification Cons

Though the benefits are many, a few cons are also there. These are as follows:

PMP Certification costs high

It is expensive. You must complete 35 hours of formal project management education before applying for the PMP examination, which is expensive. In addition, you must pay $405 if you are a PMI member and $555 if you are not registered for the exam. Moreover, you must spend an additional $129 to join. Of course, becoming a member of PMI will give you many more benefits you would not otherwise have access to.

Time-consuming PMP exam preparation

PMI mandates that candidates submit documentation of their entire project management education and experience down to the process level. For instance, how many hours did you spend building a work breakdown structure for a particular project? How long did it take you to complete the project’s tasks? And all of these tasks need a lot of time. You can read this blog to for planning, preparing for & clearing the pmp exam 

Conclusion

To conclude, we can say that despite a few drawbacks, it is very much worth having the PMP Certification, which is why you need to prepare and clear the PMP Certification exam. Sixth Dimension Learning is your best option when availing of the best PMP exam prep course. To know more, please get in touch with us!!