Why You Should Add PMP Certification to Your Business
Some time ago we discussed what a Project Management Professional (PMP) is and the steps you need to take to become one. With the labor market as competitive as it is today, we thought we would go back and review why you might bring a PMP into the fold (or send an employee out to obtain certification).
PMP professionals tend to perform better
Compared to employees with similar years of experience but without PMP accreditation, PMP professionals tend to perform set tasks and projects better than their peers. Part of this comes down to the training required to earn a PMP – project management professionals are required to learn a variety of best practices when it comes to project management, including time and cost management. These kinds of skills are useful for just about any employee.
Reputation
PMP accreditation is recognized the world over and there is over 700,000 recognized PMP professionals across several nations. That means that if you have a PMP certification under your umbrella, you’re likely gaining the attention of organizations outside of your normal social groups.
Community
Speaking of social groups, PMP professionals have access to a variety of social groups specifically designed for their PMP peers. These social groups network, share tips and best practices, and generally help one another stay informed of the happenings in one another’s respective businesses. Keying into this network can yield new and exciting opportunities with top companies across the world, extending the reach of your own marketing brand.
More in-demand
Many jobs out there prefer or even require a PMP license for eligibility. In fact, those with PMP status often make more than those without for the same position, sometimes as much as $20,000 more. And that PMP license also means that you won’t suffer nearly as much from market recessions and other periods where hiring gets rough – like this current labor market.
Some clients demand PMP certification
The demand for PMP certification extends to clients as well. If you outsource for business or rely on contract work, more clients are expecting PMP certification from your business before they consider hiring you. After all, if you’re trusting someone to run a certain part of your business for a period of time, wouldn’t you want that company to have the project management skills to make the transition and complete the task you need effectively?
PMP shows that you go above and beyond
One of the more subtle advantages to PMP certification is it shows you’re willing to go beyond the call of duty in providing effective business solutions. After all, PMP certification is still a purely optional process, one that takes time, effort, and money to pursue, and only a little more than half of all PMP applicants ultimately make the grade.
Has a PMP certification touched your business for the positive in some way? Drop us a line at info@quincycfo.com and let us know how!