Improve your bottom line While there is no statistical
information to support this statement, there is plenty of evidence that
more and more businesses across more and more industries are demanding
that project managers they hire be PMP® certified. Most businesses seeking to attract
project managers with this certification are willing to adjust their
salaries or rates to attract certified project managers.
Stay competitive The converse of reason number 1. More
and more project managers are heeding the call to certification so instead
of facing a situation where there may be 1 or 2 certified project managers
to compete with for a PM role, you may find a majority of the project
managers you are competing with are certified. Instead of making up for
this deficiency with your experience you may find that there is a project
manager who has your background plus the certification. You’ll find this
true whether you are applying for a PM position at a new organization or a
promotion in the organization you are currently with.
Learn project management best
practices from the PMBOK® The PMBOK® is the PMI’s project management bible. Paying your
fee to write the certification exam entitles you to a copy of the PMBOK
and, since the exam is largely based on the project management approach
described in that book, you learn those practices as part of preparing to
pass the exam. You’ll find that acquiring those best practices will not
only help you pass the exam, it will make you a better project manager.
Gain respect in your workplace If you’re like most project managers you
have to rely on your ability to influence the project team to get work
done because you don’t have official practical authority over the team,
you aren’t the functional manager. Referential authority is one of the
ways you can replace the practical authority you are missing and getting
yourself certified as a Project Management Professional (PMP®) by the PMI is one of the best ways of getting that authority.
Your standing with your fellow project managers and peers in other
disciplines will also be elevated with this additional referential
Improve your organization’s bottom
line How will certification
bring about an improvement in your organization’s bottom line? It’s
simple, your organization invests money in projects that will increase
revenue or decrease expenses. Your ability to deliver the goals and
objectives envisioned by the project’s sponsors on time and on budget will
directly improve the bottom line. Implementing the best practices you
learn during your preparations for the certification exam will improve
your chances of delivering on the initial promise of the project and help
you meet schedule and budget objectives.