Winning the PMP Certification
The PMP (Project Management Professional) is the gold standard in project management certifications, and one of the most in-demand certifications worldwide. It’s also a tough prize to win, with rigorous experience requirements and a challenging exam. We’ll take you inside the PMP game.
[include in small font somewhere at top or bottom of infographic: “PMI , PMP and PMBOK are registered marks of the Project Management Institute, Inc.”]
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Global Reach
PMP distribution
833,025 PMPs worldwide
286 chartered global chapters
PMPs are based in 210 countries
1.57 million PMP job openings worldwide by 2020
[1]
The Gold Standard
Label for 2nd place winner: non-PMP, average salary of $91,000
Label for 1st place winner: PMP, average salary of $111,000
[2]
PMP and PMBOK History
The PMP exam is based on the content of the PMBOK (Project Management Body of Knowledge) Guide, and has been evolving with it for over 35 years.
[Timeline]
1969 – Founding of the Project Management Institute (PMI)
1981 – Matthew H. Parry calls for project team to develop accreditation.standards
1983 – Project Management “Ethics, Standards, and Accreditation” (ESA) report published
1984 – First PMP exams administered
1987 – PMBOK PMBOK document released
1996 – 1st edition of PMBOK Guide published
2000 – 2nd edition, expanded role of project manager
2004 – 3rd edition, added evaluation practiced
2009 – 4th edition, content more accessible
2013 – 5th (current) edition, new methodologies
PMP Exam
200 multiple choice questions
4 hour time limit
based on PMBOK and PMP Code of Ethics
questions cover five performance domains
Exam Content
Initiating the project (13%)
Planning the project (24%)
Executing the project (31%)
Monitoring and controlling the project (25%)
Closing the project (7%)
[3]
Path to the PMP
[one track:]
High school diploma or associate’s degree
7,500 hours leading and directing projects
[other track:]
1. Four-year degree
2. 4,500 hours leading and directing projects
3. 35 hours of project management education
4. Submit exam application and documentation
5. Pay $405 exam fee
6. Exam test prep course (optional)
7. Study, study, study!
8. Take 4-hour exam
9. Answer 106+ out of 200 questions correctly
10. (illustration of racer running through finish line tape) WIN your PMP!
11. (after finish line) maintain PMP by earning 60 professional development units (PDUs) every three years
10. answer less than 106 out of 200 questions correctly
11. receive failed test feedback
12. submit re-exam application and $275
13. two re-tests allowed per year
[4],[5]
The Winner’s Circle
20% higher average salary
demonstrated expertise
resume boost
eligibility for PMP-only positions
networking through PMI meetings
professional development through PDUs
[6]
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Sources:
[1] https://www.pmitoday-digital.com/pmitoday/march_2018
[2] https://www.pmi.org/about/press-media/press-releases/global-survey-reveals-pmp-certified-project-managers-earn-20-percent-more
[3] https://en.wikipedia.org/wiki/Project_Management_Professional#cite_note-2
[4] https://www.pmi.org/certifications/types/project-management-pmp
[5] https://www.project-management-prepcast.com/free/pmp-exam/articles/26-guide-to-those-who-failed-the-pmp-exam
[6] https://www.pmi.org/about/press-media/press-releases/global-survey-reveals-pmp-certified-project-managers-earn-20-percent-more