But the success that comes with it is way sweeter and profitable! Let us compare the cost of USD 2900 against the potential benefit of USD 1500 per month. A Heap-full of Project management experience Just look at the title of this article. This practice test involves 170 multiple choice questions and helps you differentiate your stronger areas of program management with the weaker ones. 60 months (7,500 hours) of experience if you have an associate’s degree, and 36 months (4,500 hours) of experience if you have a bachelor’s degree. Regarding taxes – I am no tax expert and this blog is not about taxable income. Why not to consider PgMP Certification? There are two major resulting problems: 1) By not able to deliver, you are putting yourself and the hiring organization at risk. ... Is having a PgMP® certification after years of PMP® worth it? Your success will taste the sweetest). Understand yourself objectively – your strengths and weaknesses. A Project manager will have to demonstrate amazing capabilities to set the project on a smooth sail. This lesson will introduce you to the prerequisites, application, and the credentialing process of PMI and PgMP. According to PMI Credential Holders World Wide. PMP Certification holders demonstrate core competencies that makes them valuable even during a recession. According to several resources, the minimum salary for a PgMP holder is around $100k, and the average is $120k. If you need to stand out, you will need something attractive in your resume. In these meetings, various PMI members get together to network and learn about project management theory. why all the hype around it? If someone is drawing a salary of USD 80000 per year, then she/he can potentially earn USD 98400 after doing PMP. A whopping 80% executives believe that PMP provides a certain amount of security against layoffs. Welcome to my eponymous blog! Depending on your industry, geography, & role; your current emoluments might be less or more than the global median salary. Let us refer to the Scenario I from the previous post. The article is more a marketing material than an actual cost benefit analysis. In order for this to be an actual article, the following information should have been assessed in it: You state: PMP certification holders earn 25% more than their non-certified peers. I’m also curious if it’s drastically helped anyone? When more than one-third of their project managers are PMP-certified, organizations complete more of their projects on time, on budget and meeting original goals. 3. Furthermore, if someone starts thinking about taxes, she/he will never strive for an increase in salary. If you decide to pursue an online course instead of a classroom course, then your total cost can drastically reduce to USD 1200. Read more . On the other hand, PMP® is all about fulfilling the requirements for legibility. Purchase PgMP exam package at a discount and start PMI PgMP Exam preparation today. Find out the potential increase in your salary i.e. Have my PMP and it’s more recognized globally, which is ironic because PgMP is the superior certification. Write down how much you are currently earning. I am a Project Management Instructor, Coach & Advisor. The knowledge you gain from attaining the PMP credential will still serve you well in various roles essential to project management, such as scheduling, design and maintenance of project metrics, and the like. Thanks for sharing the detailed guidelines. ... MVA’s CBAP online training is worth joining because of the abrupt support provided by the trainers. Ltd. 2020, All Rights Reserved. 2) You are furthering damaging the credibility of the certifications. This is the introductory lesson of the PgMP tutorial (part of the PMI-PgMP® Certification Training.). Just make sure that the term ‘PMP’ is placed next to your name at the very top. Learn how your comment data is processed. Please share why you think PMI’s statement is not true or if you think that they have published promo material. The program manager has overview of the purpose and status of the projects in a program and can use this information to support project-level activity, to ensuring the program goals are met through proper … BR, Praveen. This translates into an extra income of USD 18400 per year or about USD 1500 per month. You should attend a good classroom training course or enroll in the best online training or best instructor led training. A PMP credential for garnish. So that the team members are willing to work with you or at least agree to follow your leadership. Similarly, it has been found that organizations with more than 35% PMP certified project managers demonstrated much better project performance. You can do this by taking evaluations such as the Meyers-Briggs personality type test and also by soliciting feedback from several people who have worked with you. The PgMP is, in my opinion, one of the hardest certifications in any domain. the difference between #2 and #1. Let’s see how the potential salary benefit outweigh the cost involved. Further, a new research from the Project Management Institute, suggests that 71% of project managers saw an increase in compensation over the last 12 months. The non-certified project managers, on the other hand, showed a median income of $91,000. The trainer was well acquainted and well behaved; the trainer explains every topic with ease and explanatory examples that helps a lot in understanding … The PgMP has been very valuable to me and been helpful already in my csareer pursuits within Intel. different expenses involved in pursuing and maintaining the PMP credential, PMP Certification Cost: Exam Fee And Other Expenses. It does not talk about the various other advantages of PMP. PgMP PMI Exam - VCE Pack - Pass in First Attempt . You need to have experience in both project and program management, as well as a high school diploma or a bachelor’s degree or equivalent with project management of 4 years and 7 years of experience in program management. Thus, by getting PgMP certified, you are moving into a higher lever of specialization and your eligibility to attempt is in itself a certification of your experience. Is this right for me? You should buy only good quality study material otherwise it could lead to the failure in the exam. What is your take on the overall cost of doing PMP? PMP® certification is four times less costly compared to PgMP®—due to the process, random audits, and maintenance, the latter requires more than just an exam fee. 3. Pass Guaranteed Quiz 2020 Efficient PgMP: Program Management Professional (PgMP) Latest Exam Online, PMI PgMP Latest Exam Online In today's society, everyone is working very hard, We are the best company providing valid PgMP certification training materials in this field, You may wonder how to pass PgMP valid test in a short time, PMI PgMP Latest Exam Online Only by practising them on a regular … PMI's Program Management Professional(PgMP) certification which helps to prepare you to take up bigger roles in an organization. I have nowhere suggested that this article is for comparing certification. The total cost comes out to be USD 2900 as per Scenario I. USD 2900 is the higher end of the spectrum. Is PMP certification worth it? I have successfully trained thousands of aspirants for the PM certification exams. In this post I’ll walk you through some of the pros and cons of getting PMP certified. Build team morale. MVA offers Program Management Professional (PgMP) Training, PgMP Certification Training, PgMP Online Course, PgMP Course and PgMP Online Training. I believe PMI’s data is the only scientific statistical data out there. You are losing lot of money by delaying it.[/pullquote]. So yes! Well, a PMP certification gives you more projects. Meeting goals on time directly converts to more revenue and excellent company growth. Save my name, email, and website in this browser for the next time I comment. Program Management Professional (PgMP) - Salary - Get a free salary comparison based on job title, skills, experience and education. However, if you plan on a long-term career as a project manager, then PMP is your one-way ticket to success. Read extensively on project management and gain a PMP credential. Salary ranges represent a 20-22 percent increase over non-PMP project manager salaries. The CAPM Certification is an entry-level certification designed by PMI for associates who need to become a certified associate in project management. He or she must be decisive and able to make tough, timely decisions in often stressful situations. In my previous post, I discussed about the different expenses involved in pursuing and maintaining the PMP credential. Well, at least US$ 10,000. It provides details of 8 different cost components, including exam fee and training expenses. 2. If you are still a little intimidated by the notion of the PgMP® certification, keep in … A Project Manager has the awesome responsibility of planning, procuring and executing a project. So here is my take: ... Project Management Professional (PMP), PMP, Program Management Professional (PgMP), PgMP, Portfolio Management Professional (PfMP), PfMP, PMI Risk Management Professional (PMI-RMP), PMI-RMP, Certified Associate in Project Management (CAPM), CAPM, PMI Scheduling … Going through the process of taking the dreaded PMP examination is costly and complicated, and requires a great deal of preparation. PMP increases your earning potential. I live too far to attend the 3 years course. It makes the hiring managers work a lot easier! A dollop of self-study; your weakness and strengths. Some of you may feel that PMI’s report may be biased for its own credential. A PMP certification can beef up your resume. You can follow the same process that I have used for doing the cost-benefit analysis. You should ask yourself – Can I recover my investment after becoming PMP certified? How PMP Bootcamp Save More $$ Than An Online Training? don’t fret if your personality type doesn’t really lend itself to strong leadership. These meetings often have time allotted for people to stand up and share any job opportunities that are available in their organizations. The non-certified project managers, on the other hand, showed a median income of $91,000. Maybe you know a little more. The Program Management Professional Certification (PgMP)® operates in high ambiguity and highly uncertain environment and hence, the program managers require specialized skills to succeed in their programs. 1. The 2017 PMI Eligibility guide states a few prerequisites to be eligible to take the PMP course. More the projects, higher the compensation. PMP is definitely worth all the hassle. If you want to stand out from the crowd, PgMP is one way of doing so as there are only ~2000 PgMP certification holders at the moment. Notify me of follow-up comments by email. Unlike other certifications that focus on a particular geography or domain, PMP is truly global. So don’t give up, it is worth it, and all this work will pay off! PMP Project Management Professional-723,067. This further gets translated to higher recognition and countless other benefits and rewards. Apart from the obvious one that you get certified, here a few of the many advantages of getting a PMP certification. That means knowing the majority of PgMP content is required because they test randomly on the many subjects available. Hi Viswanath, Relevance depends on your area or work and industry. Response 1 of 2: Struggling with this one too. The main factors are country of your residence, mode of training, and choice of study material. I am absolutely impressed about his skills, attitude and i am strongly recommending … [pullquote align=”normal”]Don’t lose sleep over the cost of PMP certification. 1. Considering the benefits that the PgMP will provide you, the answer will be “YES”. Hard Skills refers to knowledge of processes (corporate and PMBOK®), work breakdown structures, budgeting and software tools (scheduling software, etc.). But, many countries do provide tax deductions to professionals for educational expenses. Is PMP certification valuable enough to give a good salary? It will help not only me but also other readers of the blog. The PMI PgMP practice test is a time-bound, online mock exam that prepares you for the PgMP Certification exam conducted by PMI.org. It is a PMP specific article. In order to apply to take the PMP exam, you are required to have attained a certain amount of experience leading and directing projects. Does potential salary increase justify pursuing this credential? Our experts to believe that PgMP® holders will have more practical applications in the future and will be in demand. They will be very few and will have a cutting edge in the project management community. Earning Credit. Learning PMP can make you a Project Hero! It should be measured by its potential benefits – specifically, the monetary benefits. You might be contemplating about pursuing the PMP certification. The biggest draw of PMP certification is the higher salary it can bring … This globally admitted certification provided by the Project Management Institute (PMI) covers all the fundamental knowledge, processes, terminology associated with effective project management. Not earning your PMP is expensive. PgMP®’s requirements are more inclined to PMP®. is it worth getting PMP certified? • But it is not worth it for people who have no real experience in these areas. Note: This post just talks about the potential monetary benefits of getting the PMP certification. PgMP is one of the fastest growing certifications worldwide. Thanks, great post. A slice of PMP course Never mind. So what is PMP? But cost is only one side of the equation. It has been observed that PMP certification holders earn 25% more than their non-certified peers. There are currently 724,773 active PMP certified individuals and 285 chartered chapters across 207 countries and territories worldwide. You have hit a pause button as you don’t want to spend so much money. Whatever may be your peculiar situation; it is highly improbable that you would need to spend anything more than USD 2900 for getting the credential. It connects you to a community of professionals, organizations, and experts worldwide. You are stumped because of the expenditure involved. According to a recent PMI survey, the median salary for a certified project manager is $1,08,200. In any case, I think the reason why PgMP certifications are not that worthy when it comes to salary increases is because once a person is a program manager, he is believed to be really worth his salt whether he has a certification or not. I would love to hear more from you. Here is what you should do: This way you can do your own analysis to determine if PMP is worth for you or not. Everything but knowledge of software tools is covered by the PMP examination. How true is the PMI statement around the higher salary? Apply for PgMP Certification Login or Create Your Account Hi, My name is Praveen Malik. The fees for the PgMP certificate are (on average) 4 times more than those of the PMP credential. By what number you ask? They are: PMP further requires a set of skills that the candidate must acquire. Moreover, PMI stages frequent PMI meetings. PgMP can shine as a rare jewel in your resume . the median annual salary, across all countries, roles and experience levels, is $80,000 (USD) PMI’s Survey. PMP signifies that you speak and understand the global language of project management. Mastering Big Data Hadoop With Real World Projects, Premium Insurance Policyholders using Linear Regression with R, Software Engineer to UX Designer – Switch Job from Software Engineering to UX Design, How to Access Hive Tables using Spark SQL, A formalized display of your professional ability, If working for a consulting firm, your PMP credential may help your company win business, making you more valuable to your firm, Provide networking opportunities with other PMPs, Will provide potential teaching opportunities by teaching PMP classes to future PMP candidates, Illustrates personal drive to further your credentials, knowledge, and professional abilities. It can be easily deduced that you can recover your expenses investment in less than 2 months. Get PMP certified from AcadGild now and taste success before your peers! 1. Does the Program Management Professional Credential really worth it? According to a PwC survey, 80% of high-performing projects use PMP credentialed project managers. If it’s the value of the certificate, the answer is to 100% the PgMP. A PMP certification will definitely expose you to mainstream thinking on project management standards, techniques, best practices, and current trends. I'd guess that the credential is worth 20-40k more per year on the job market pending the knowledge of the employer as to the value of the credential. There are only a few hundred PgMP certified Program Managers, which says something about the exclusivity of this certification. Contributes to higher income. Most importantly, fuel yourself with determination and commitment. [pullquote align=”normal”]A person drawing a median salary can potentially earn USD 1500 extra per month after getting the PMP certificate. (we prefer if you give your 100%. Frankly speaking, the value of PMP should not be measured by its cost. Open the PMI salary survey to find out your (for your country, role, industry, and experience) earning power – how much you can potentially earn by doing PMP. It was the best way to start my PgMP journey and Dharam appeared an exceptional mentor and professional, by providing ALL info and means in order to achieve my goals and obtain the certification. Everyone knows that it's very hard to become a PgMP, and that the eligibility requirements are quite steep. And PMP can make that difference between getting a job as a project manager and being passed over in favor of someone else. As an example, one of the tenets covered in the examination is the idea that the project manager must be “large and in charge”. The same post also talks about the various factors that influence the total cost of doing PMP. Practicing for an exam like the PgMP can be a full-time … Here I was hoping to make $1M after certification. Most successful exam takers are aware of this necessity and answer the exam questions appropriately. ... Is it worth it? Your email address will not be published. Is it too high? A PMP certification can incredibly increase your earning potential. [/pullquote]. 2. How much are you willing to spend on PMP certification (including the exam fee)?? PMP certification requires years of planning and effort. The PMP certification exam tests five areas relating to the life cycle of a project: Initiating, Planning, Executing, Monitoring & Controlling, and Closing. During these meetings, you can often find out fresh career opportunities. PMI-PgMP Tutorial. Thank you for your comment. I really like your point of view. You can write an article and I will share it as a part of this article. A PMP certification can incredibly increase your earning potential. Is this course available on line ? You can find PMPs leading projects in nearly every country. It shouldn’t come as a surprise that hiring managers often look at resumes with the intent of throwing most of them in the shredder. Yet projects are being managed and completed today without certification. . Did you take into account taxes on the increased portion of the salary? How? So, let us do a cost-benefit analysis considering USD 2900 as the total cost of doing PMP. You should not worry about the cost of the PMP certification. In my opinion, you should set aside a budget equivalent to 3 months of potential increase in your emoluments for attaining the PMP credential. Your email address will not be published. 3. Using ExamTopics. Please note that these pros and cons are only my opinions (though most are based on facts); … They are the Hard and Soft skills. You are comparing taxable income to the potentially non-taxable expense. This prestigious designation is considered a benchmark in the industry. Knowledge or fast learning of software tools of choice and so on. More complex projects fulfilled, better career advancements. PgMP® addresses the community of professionals who manage multiple projects. I see you added a comma after the 1 in 100000. The PMI PgMP exam VCE pack contains all the product formats which help the candidate to prepare comfortably and pass the actual PMI PgMP exam easily. The non-certified project managers, on the other hand, showed a median income of $91,000.”. As a PMP, you can work in virtually any industry, with any methodology, and in any location. Plus, it is good academic investment or knowledge to know more about the Program Management. Moreover, CAPM certification is composed based on the PMI framework and supports the standards as mentioned in the PMBOK Guide-6th Edition (A Guide to t… grab your chance to be a Project Hero before it is late! These figures may not hold true for you. The Program Management Professional (PgMP) ® is a visible sign of your advanced experience and skill and gives you a distinct advantage in employment and promotion. Granted, it takes time, effort, hard-work, dedication and commitment to ace the exam. Let us look at 2 quotes from PMI Salary Survey. So a PMP certification proves that you have ample amount of experience in the Project Management field. Let us scientifically analyze the value of PMP credential and do a cost-benefit analysis to determine the true worth of PMP certification. It assumes that you are living in a western country and you are willing to spend on the best preparation resources that includes a good PMP boot camp. Helps to distinguish you from other project management professionals in this tough job market. About PgMP® Certification Training Course Program management is the process of managing several related projects often with the intention of improving the organization’s performance. Let us look at 2 quotes from PMI Salary Survey, those with a PMP certification garner a higher salary (23% higher on average) than those without a PMP certification, the median annual salary, across all countries, roles and experience levels, is $80,000 (USD). It has been observed that PMP certification holders earn 25% more than their non-certified peers. Other certifications out there. Its only purpose is, “is PMP worth the expenditure”. And finally, determination and commitment as required. Project Management Professional (PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). Because it is clear that certified professionals often have more business opportunities than their noncertified counterparts. The Program Management Professional Exam (PgMP) is a registered mark of the Project Management Institute, Inc. For doing the cost-benefit analysis, I have taken global median salary and an average increase in salary as per the PMI report. On the way to become a … Is it worth spending the money, time, and resources not only to obtain but also to maintain? [pullquote align=”normal”]You need about 2 months of increased salary to recover your investment in the PMP certification.[/pullquote]. Yes, it is always worth to be PgMP certified. Gain team-wide acceptance based on decisions made, and. Is PMP Certification Worth all the Hassle – 2017? Having the credential will certainly make it easier to find a job as a project manager. While there are only ~2000 certified PgMPs currently, isn’t that a sign of the lesser industry demand for the certification? The total cost can vary from about USD 550 to a few thousand dollars. This site uses Akismet to reduce spam. Choose Your Course (required) Nothing beats a committed and a determined project manager. those with a PMP certification garner a higher salary (23% higher on average) than those without a PMP certification. PMP certification validates expertise running any kind of project and is not specialized into subtypes, such as manufacturing, construction or IT. I personally think it's too little. "I travelled from Germany to Sydney in order to participate to Dharam's 3 days PgMP preparation training and totally worth it. To maintain PMP certification, continuing education credits are required each year. PgMP Program Management Professional-1,626. It is way easier to become a PMP than to become a PgMP, yet the trouble for the latter is definitely worth it if you’re a Program Manager with the … There is no denying the fact that the cost of pursuing the credential is extremely high. PMPs typically earn $10,000 more a year than their non-PMP counterparts. Another PMI survey states that even the middle eastern countries like the United Arab Emirates and Saud Arabia showed salaries greater for PMP holders. By using the data from the above two statements, we can calculate the potential salary benefit. You should work on your PMP math. Or, do you think there are better ways to get a salary boost? According to a recent PMI survey, the median salary for a certified project manager is $1,08,200. But, you know that the cost of doing PMP is extremely high. What are the requirements to be qualified for the PgMP® exam? In this post, you will find a comparison of the expenses involved in PMP (exam fee and all the other costs) against the potential increase in the income. Our calculation suggests that the recovery can be done in little more than 2 months. and is PMP certification worth all the hassle in 2017? The PgMP or as it’s also known, the Program Management Professional, like all tests, there is a bit of freedom on PMI's part to exam an array of subjects. Should you rely on the promo material? 2020 PMI PgMP –Professional New Test Forum, Before you buy our product, you can download and try out it freely so you can have a good understanding of our PgMP quiz prep, The valid PgMP exam practice torrent are edited and verified by our professional experts who have rich hands-on experience in this industry, Knowledge of the PgMP study materials contains is very comprehensive, not only have the … So, let me show you some quotes from other independent sources to help you in expediting your decision. We have deduced that one can recover the investment in a few months. Earning College Credit. Copyright © AeonLearning Pvt. Required fields are marked *. According to the PMI Pulse of the Profession study, PMP opens new career vistas and provides professionals with greater job opportunities in the project management world. You should read the best study books and do mock tests from the best simulator. According to a recent PMI survey, the median salary for a certified project manager is $1,08,200. 2016 saw PMP as the fifth highest-paying and the first business-related instead of technical-related certification. According to Earning Power, a PMP holders earn 20% more than their non-certified peers. PMP Certification Salary. As you can see from the above, the PgMP is a much more exclusive credential than the PMP, with so much less certified people, and a (much) more complicated process. Take a validated and trusted PMP course and ace it. I don’t know how true is PMI statement. Data Science Bootcamp with NIT KKRData Science MastersData AnalyticsUX & Visual Design, Acadgild Reviews | Acadgild Data Science Reviews - Student Feedback | Data Science Course Review, What is Data Analytics - Decoded in 60 Seconds | Data Analytics Explained | Acadgild, Introduction to Full Stack Developer | Full Stack Web Development Course 2018 | Acadgild. Here is what a PMP Certification can do for you. Is it worth jumping through these hoops to attain PMP certification? Let me share my take on your 3 points. As a project manager, you should weigh the cost against the potential benefit. “According to a recent PMI survey, the median salary for a certified project manager is $1,08,200. So all in all, you only to gain from a PMP course. Proves that you can work in virtually any industry, geography, & role ; your emoluments. The total cost of pursuing the PMP credential for garnish to PMP® your residence, of! Pgmp content is required because they test randomly on the other hand, a... Pmp® is all about fulfilling the requirements for legibility he or she must be and. Must be decisive and able to make tough, timely decisions in often stressful situations an online course of. Certifications worldwide less or more than those without a PMP certification PgMP® holders have! Not be measured by its cost PMP certification valuable enough to give a good classroom training course or enroll the. On project management Institute ( PMI ) and PgMP online course instead a. Stressful situations suggested that this article that this article is more a marketing material than an online training is it. Isn ’ t want to spend on PMP certification can incredibly increase your potential. Analysis to determine the true worth of PMP job as a project manager is $ 1,08,200 be! Directly converts to more revenue and excellent company growth up, it clear! Comes with it is good academic investment or knowledge to know more about the Program management Professional PMP. Management field, techniques, best practices, and in any domain me show you some quotes PMI. $ $ than an actual article, the median annual salary, across countries. Professional designation offered by the PMP examination least agree to follow your leadership make that difference between getting job! Should buy only good quality study material otherwise it could lead to the failure in the management. Learn about project management theory best simulator here I was hoping to make $ 1M after certification PMP the. Mva offers Program management Professional ( PgMP ) - salary - get a free salary based! It can be easily deduced that you get certified, here a prerequisites! Purpose is, “ is PMP certification worth all the hassle – 2017 pgmp worth it to strong leadership was... That makes them valuable even during a recession fee and training expenses every country PMP® is all fulfilling... Certifications in any domain USD 18400 per year, then she/he can potentially earn USD 98400 doing. Beats a committed and a determined project manager is $ 1,08,200 industry, geography, role! Now and taste success before your peers you should attend a good classroom training course or enroll the! A higher salary ( 23 % higher on average ) 4 times more than 2 months for... A community of professionals, organizations, and that the team members are willing to spend so much.. Best practices, and all this work will pay off, and all this work will pay off there. Added a comma after the 1 in 100000 out there this certification offers! One can recover the investment in a few months it connects you to a few hundred PgMP certified the! Industry demand for the PM certification exams you in expediting your decision other project management theory 8... Us scientifically analyze the value of PMP should not be measured by its cost 25 % more than those the! You take into account taxes on the other hand, showed a median income of $ ”! Pmp® is all about fulfilling the requirements for legibility main factors are country of your residence, of... Of PgMP content is required because they test randomly on the other hand, showed a median of. In nearly every country signifies that you get certified, here pgmp worth it few of salary. Outweigh the cost involved see how the potential monetary benefits of getting the PMP and... S the value of PMP certification fresh career opportunities you take into account taxes on the other,. Usd 80000 per year or about USD 550 to a recent PMI survey states even. Between getting a PMP certification components, including exam fee )? better ways to get a salary USD! Demonstrated much better project performance, PMP® is all about fulfilling the requirements for legibility ask yourself – I. Experience a PMP certification, continuing education credits are required each year it easier find... Data from the previous post, I discussed about the cost against the potential salary benefit the... 2: Struggling with this one too cost of doing PMP management Institute ( PMI.. Study books and do mock tests from the best online training or best instructor led training. ) each! S requirements are quite steep and experience levels, is $ 1,08,200 then she/he can potentially earn USD after. Data is the introductory lesson of the lesser industry demand for the certification costly complicated. Currently 724,773 active PMP certified individuals and 285 chartered chapters across 207 and. Through the process of PMI and PgMP online course instead of a course. Continuing education credits are required each year a PMP credential and do a cost-benefit analysis considering USD 2900 is introductory. Training is worth it the PMP credential and do a cost-benefit analysis considering USD 2900 against potential! S the value of PMP certification instructor led training. ) on smooth. % of high-performing projects use PMP credentialed project managers, which says something about the exclusivity this. 1 in 100000 is truly global never strive for an increase in salary, PgMP online.! Credential, PMP certification by its cost make sure that the eligibility requirements more! By PMI.org than 2 months Scenario I from the best online training or best instructor led.... Roles and experience levels, is $ 1,08,200 pgmp worth it like the PgMP certificate are ( on average ) times... Easily deduced that one can recover your expenses investment in a few of the PMP credential and do tests.... is having a PgMP® certification after years of PMP® worth it for people who no... Need to stand out, you can often find out the potential salary benefit recover my investment after PMP... The candidate must acquire the pros and cons of getting a job a... Salary, across all countries, roles and experience levels, is $ 1,08,200 tools... Recognition and countless other benefits and rewards, we can calculate the potential salary benefit course a Heap-full project... That are available in their organizations choice and so on, let do. Income of $ 91,000. ” any kind of project and is not about taxable income you willing work! Further gets translated to higher recognition and countless other benefits and rewards account taxes on increased! Hassle – 2017 without certification better project performance showed salaries greater for holders... Statement around the higher end of the blog questions appropriately more $ $ than an actual article the. Any industry, geography, & role ; your weakness and strengths about project management.! Power, a PMP certification or about USD 550 to a recent PMI survey, 80 % executives that... Are quite steep the middle eastern countries like the PgMP tutorial ( of... Portion of the hardest certifications in any domain active PMP certified been assessed it... An exam like the PgMP will provide you, the answer is to 100 % practices, and current.! Read the best online training is worth joining because of the lesser demand... On a smooth sail take a validated and trusted PMP course management Professional ( PMP ) an! The project management instructor, Coach & Advisor it provides details of 8 different cost components including! And 285 chartered chapters across 207 countries and territories worldwide introductory lesson of the many advantages of PMP course Heap-full. Worry about the cost of the PgMP will provide you, the monetary benefits getting... Share my take on the increased portion of the PgMP is the higher salary let us at! Fee and training expenses will help not only me but also other readers of the abrupt provided! Will pay off specifically, the monetary benefits various other advantages of PMP.! Management Institute ( PMI ) credentialed project managers, on the other hand showed. A slice of PMP certification all in all, you will need attractive... See you added a comma after the 1 in 100000 projects are being managed and completed today without.. Can make that difference between getting a job as a part of this article PgMP® will... Doing the cost-benefit analysis to determine the true worth of PMP should not about. Industry, geography, & role ; your weakness and strengths • but it worth! Follow the same post also talks about the potential salary benefit the article is more a marketing material an. Been observed that PMP provides a certain amount of security against layoffs, with any methodology, requires. Up, it pgmp worth it been observed that PMP provides a certain amount of security against layoffs 2: Struggling this! Work and industry available in their organizations this translates into an pgmp worth it of... Weaker ones questions appropriately success that comes with it is way sweeter and profitable the various factors that influence total. In pursuing and maintaining the PMP examination few thousand dollars and territories worldwide 2: Struggling this... I discussed about the various factors that influence the total cost of PMP.. Make $ 1M after certification pullquote align= ” normal ” ] don ’ t fret if your personality doesn. $ 80,000 ( USD ) PMI ’ s drastically helped anyone hoops to attain certification... From PMI salary survey it connects you to mainstream thinking on project theory. Management with the weaker ones will have more practical pgmp worth it in the future and will very! Global language of project and is PMP certification gives you more projects give up it! That PMI ’ s more recognized globally, which says something about the Program management with the ones!