Formal Project Management Education
Project management requires advanced knowledge and understanding of project management tools, techniques and processes. According to the PMP Credential Handbook, the PMP exam objectively assesses and measures experience, education and professional knowledgethe foundation of competent practice as a project manager. There are 10 knowledge areas that a project manager has to be proficient in order to pass the exam. These knowledge areas are tested in five different project management process groups. In order to pass the PMP certification exam, a PMP candidate must score above a proficient level in these project management process groups.
- You will need to show 35 contact hours of project management education.
- The 35 hours of Project Management education requirement can be fulfilled by our PMP Certification Training
- What is a Contact Hour?
- One hour of Classroom instruction equals one contact hour.
- If you attend an 9 hour long session with breaks in-between, then you can claim as contact hours.
- You may use educational hours from college programs.
- There is no time period or expiration on contact hours.
- These hours can be accrued from classroom courses or online training workshops.
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The article you are about to read is also available as a free webinar:
The webinar is presented by Cornelius Fichtner, PMP. He begins the webinar with a bang by revealing the Key to Success for the exam to you. Then each of the ten steps is reviewed so you know what to do for them and why they are important. The webinar includes several recommendations for training resources, money saving tips, and advice on a free exam simulator. A 12-page webinar handout with detailed descriptions for all steps and recommendations will be emailed to the attendees at the conclusion of the webinar.
Project Manager In Engineering
Salary Range: $71,000-$139,000. These managers oversee engineering projects on and off the field. Tasks typically include ensuring safety compliance, promoting a culture of best practices, preparing cost proposals, maintaining financial records, creating product strategies, and creating product development plans.
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What Is The Pmp Certification
PMP is the abbreviation of Project Management Professional, a certificate given by PMI, Project Management Institute. The applicants who fulfill the PMP certification requirements first and then pass the PMP exam successfully get the PMP certification. Note that, there is a validity period for PMP certification once you get it. Every three years, PMP certification holders must earn 60 PMP PDUs and start the PMP renewal process respectively.
After helping over 125,000 professionals in more than 180 countries with a 99.6% first attempt pass rate, we have prepared a seven-step PMP study plan. Read this PMP study plan and create your own PMP prep plan accordingly.
PMP certification is the most globally recognized professional certification for the project management profession around the world. Many employers seek PMP certification in project management positions when they are hiring. Also, they seek PMP certification as a prerequisite for their current employees when they are promoting their employees to project management positions. Based on a recent survey, PMP certification holders command 14% higher income than their uncertified counterparts.
Attend our 100% Online & Self-Paced One-HourFree PMP Training.
Therefore, the importance of the PMP certification has grown rapidly in recent years. However, there are strict PMP certification requirements to fulfill to sit for the PMP certification exam.
Pmp Exam Prep Options
Based on how you learn, there are multiple resources available to you. The goal is to help you find the best fit for your learning style and schedule. PMI recommends working with either or the PMI® Authorized On-demand PMP® Exam Prep course. PMI Authorized Training Partners are organizations aligned with PMI that have successfully completed a PMI Authorized Training Partner Train the Trainer PMP Exam Prep® Program and whose instructors use PMI-developed training course content. The PMI® Authorized On-demand PMP® Exam Prep course is an online, self-paced prep course designed to help you prepare for the PMP Certification Exam on your terms. Understanding the differences in these resources can help you decide which option is best for you.
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Practice Pmp Exam Questions
You can practice sample PMP exam questions a few different ways. Its a good thing to approach PMP questions in as many ways as possible. Its all good practice!
Work through exam questions by topic, for example, answering a set of questions on risk management. This will test your knowledge of a particular area of project management.
Its also important to take full exams. These will give you the experience of answering a lot of questions over a sustained period, on all topics. Youll be surprised at how much confidence youll gain from having worked through a number of test exams. When you face the real thing, it will feel a lot more familiar, and will help you manage nerves on the day.
It was the PrepCast exam test simulator that probably made the biggest impact on getting me prepped for actual exam questions and for the exam experience. I highly recommend it!
Judy Patterson, PMP
What Is Pmp Exam Prep
Since youve made the investment to earn the Project Management Professional ® certification, its time to make the commitment to prepare for the exam. Regardless of how advanced your project management experience or education might be, you should still prepare vigorously for the exam. PMP Prep consists of multiple available resources either through a class, self-research, or a study group to prepare you for the PMI PMP Certification Exam.
It is highly recommended that PMP candidates invest in PMP Prep. Most successful PMP candidates spend an average of 35 hours or more preparing for the exam. This is because the PMI PMP exam is the worlds leading project management certification consisting of 180 multiple choice questions that prove you have the leadership experience and expertise in Project Management. The best way to ensure that you will qualify and pass the exam is to prepare for it.
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How To Get Pmp Certification In 10 Easy Steps
Youve made the decision to get your Project Management Professional ® credential. Its a big step in your career, and it can be a time-consuming and difficult journey. However, this certification from Project Management Institute ® is definitely worth the effort.
Thousands of project managers have walked before you, gaining those extra letters after their name. Those letters demonstrate their commitment to project management as a career, their detailed knowledge of the topics in A Guide to the Project Management Body of Knowledge Sixth Edition, and their prior experience.
Employers know that hiring a PMP is a step in the direction of more successful, better managed projects.
On projects, we work with our colleagues in teams and share knowledge as freely as possible. But when it comes to getting your PMP® credential, knowledge really is power! And we have got plenty of knowledge coming up
Lets map out your journey to becoming a PMP in 10 easy steps. Here is your complete plan for becoming a certified project manager.
Ready? Let’s jump right in!
Requirements For A Project Schedule
In project management, a master schedule details precisely how the team will complete the project. This document includes the following:
- The start and end dates of each project task
- The order in which tasks need to be completed.
- The dependencies between tasks .
- The resources that are required for each task.
- The assigned individual or team responsible for each task.
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What Is Pmp Certification And What Are Its Benefits
PMP is a globally renowned project management certificate. Its application spans across different industries in technical as well as non-technical domains.
Certified project managers are considered to be more knowledgeable and skillful than their non-certified counterparts and because of this reason PMP certified individuals are is great demand and command a higher salary.
Here are some interesting statistics about PMP Certification:
You can read my articles advantages of PMP credential and value of PMP for your career to understand benefits of PMP in detail.
Pmp Certification Requirements And Costs
If youâve set your sights on PMP certification, youâve got a bright future ahead! But getting PMP-certified isnât as simple as passing a test. Youâll need real-world project management education and experience under your belt so you can prove youâve got what it takes to be a PMP.
Hereâs a quick rundown of PMP requirementsâplus the costs you can expect to payâso you can be sure youâre prepared when youâre ready to apply for certification. Weâll also give you a brief look into the PMP exam itself.
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How Hard Is The Pmp Exam
The fail rate for the PMP exam is actually quite high at an estimated 40-50% for first-time test-takers. There is no specific number of questions that must be answered correctly in order to pass the PMP exam. Each question is graded based on its relative difficulty, meaning that if you get all of the easy questions right but get all of the hard ones wrong, you could still fail the exam.
There is no way to distinguish the questions that are scored from those that are not, which means you will have to do your best to answer all questions correctly. The best plan to prepare yourself for success is to study as much as possible with quality materials, make sure that youre familiar with the type of content and questions that are likely to appear on the exam, and take several practice exams.
A PMP Certification Training Course is a good idea if you need additional guidance of what to study and to keep you on track and increase the odds that you will pass the exam on your first try. Many prep courses offer practice questions and explanations, one-on-one time with live tutors or instructors, and multiple full-length exams. Experts suggest scoring a minimum of 80% on practice exams, because the minimum pass rate on the actual exam hovers around 65%.
Is The Pmp Worth It
Ultimately, whether a PMP certification will be worth it to you professionally and financially depends on your unique circumstances. Here are a few benefits you might see with a PMP under your belt to help you navigate your decision.
Industry recognition: The PMP certification can show employers or clients that you know the ins and outs of project management, and have the experience and training required of a professional.
Learning new skills: You are also likely to learn a significant amount about project management as you prepare for the exam. Taking hours out of your life to master project management fundamentals like conflict resolution and budgeting can bolster the skills to make you a better project manager.
Higher salaries: The PMI found that US respondents to a recent survey reported a median salary of $123,000 if they had the certification, and $93,000 if they didnât . Median salaries also tended to increase the longer one was PMP certified. PC Magazine reported that the PMP certification ranked seventh among IT certifications that were linked to the highest salaries in the IT sector .
Job prospects: According to a report compiled by PMI and the Anderson Economic Group, employers will need 87.7 million individuals working in project management roles by 2027. The biggest growth is expected in the health care sector, though large gains are also projected in the construction, information services, and finance and insurance sectors .
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Pmp Certification Without Project Management Experience
You cant attain PMP certification without relevant project management experience. You need at least 36 or 60 months of experience in leading and directing projects before you can apply for the exam.
Having said that, you can take the exam even if your job title is not Project Manager.
Lets understand the requirements and pre-requisites for appearing the PMP exam and specifically look at experience requirement in detail.
Note: If you do not have the relevant experience for PMP, you can look at CAPM certification. It can become a stepping stone for passing the PMP exam.
How To Get 35 Contact Hours Of Project Management Training
Dont worry if you cant instantly think of project management courses you have done. First, go back through your professional development records and see whats there. All project management related training from your entire life counts towards your total.
For example, if you took a two-day project management class when you were fresh out of school, then you already have 16 contact hours even if that was 20 years ago. As long as you still have a record of the course and an attendance certificate, you can count the hours.
One hour of classroom instruction equals one contact hour.
This definition is taken from the Project Management Professional ® Handbook
Add up the hours you can already evidence and see what the total is. If you have many years of business experience, you may already have 35 hours. If not, you can that will give you the additional hours that you need.
So: you know your PMP certification eligibility. You meet the experience requirement and you meet the training requirement
If you meet these criteria, you are eligible to take the exam. You can move on to the next step.
What if you arent eligible?
Dont worry! Many people find that they arent eligible to take the PMP Exam yet. With a little more experience, you will ready soon enough.
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What Is The Pmp
Research indicates that employers will need to fill nearly 2.2 million new project-oriented roles each year through 2027. This means skilled project managers are in high demand. The PMP certification is designed by project professionals, for project professionals and validates that you are among the besthighly skilled in:
- People: emphasizing the soft skills you need to effectively lead a project team in today’s changing environment.
- Process: reinforcing the technical aspects of successfully managing projects.
- Business Environment: highlighting the connection between projects and organizational strategy.
PMP certification validates that you have the project leadership skills employers seek. The new PMP includes three key approaches:
Gain a competitive edge. Prove you work smarter. Make your goals a reality. Earn the PMP today.
How Much Does The Pmp Certification Exam Cost
The first time you take it, the PMP exam costs $555 for those without PMI membership. PMI members, on the other hand, pay $405. If you opt to become a PMI member at the time you sign up to take the exam, youll still have to pay the nonmember rate.
If you dont pass the exam the first time, you can retake it in the future. This gives you additional time to study, and youll already have some familiarity with the exam format and content. The fee to retake the PMP exam is $275 for PMI members and $375 for nonmembers.
Once your application is approved by the Project Management Institute, youll have one year to take the PMP exam. You can take the exam up to three times in one year.
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Pmp Certification Eligibility Requirements
The Project Management Institute requires that you meet some initial requirements before you are eligible to sit for the PMP Certification exam. These include having a certain amount of professional project management experience and completing a certain number of professional development units . Once you have met these requirements you will be able to take the PMP Certification exam.
The information below provides an overview of the various education levels PMI will accept and their required non-overlapping professional project management experience.
High School Diploma, Associate’s Degree, or Global Equivalent
- Minimum of 60 months of unique non-overlapping professional project management experience
- 35 contact hours of formal project management education
Bachelor’s Degree or Global Equivalent
- Minimum of 36 months of unique non-overlapping professional project management experience
- 35 contact hours of formal project management education
Bachelor’s Degree or Post-Graduate Degree from a GAC accredited program
- Minimum of 24 months of unique non-overlapping professional project management experience
- 35 contact hours of formal project management education
Examples Of Project Management Experience
Project management is an integral part of any industry today. Industries like Defense, infrastructure, Construction, Information Technology, Energy, and Healthcare depend on project management for launching new services and products. Projects also help in bringing new initiatives to fruition like cutting improving operational efficiencies and bringing down the cost.
Professionals working in the above industries or any other sector that undertakes projects can be eligible for taking the PMP exam.
While supervising a project you must also have experience in the 5 Process Groups viz. Initiating, Planning, Executing, Monitoring & control, and Closing.
Here are a few examples of the tasks that can be considered as project management activities:
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