Project Management Certifications can demonstrate to potential employers that you possess the required skills and expertise. Occasionally, this leads to a higher salary. Many freshers & Professionals are considering a career in project management due to the field’s rapid growth and competitive pay. As we know, PMP is a globally recognized certification offered by the Project Management Institute (PMI). Many organizations prefer or require professionals with Project Management certification for senior project management roles. Let’s understand why getting a PMP certification is significant in India.
Why Is Getting A PMP Certification In India Good?
In recent years, project management has been among the most sought-after new careers. As far back as 2016, The Anderson Economic Group had done a study that showed that 1.2 million additional project management jobs would be needed annually, with the healthcare, infrastructure building, and green technology sectors having the quickest growth rate in this industry.
Furthermore, studies show that companies must hire almost 2.2 million additional people by 2027 to fill project-oriented jobs. Project managers with the necessary qualifications are therefore in high demand.
In any industry, project management skills are essential. When at least one-third of an organisation’s project managers hold Project Management Professional certification, there is a discernible improvement in the project delivery, budget management, and target meetings of Indian firms. However, dedicated project managers seek ways to set themselves apart since many people enter the sector.
Those who want to demonstrate their commitment to the field or who want to work in project management can benefit from earning a PMP® certification. Employers can identify candidates who meet the requirements for project management roles by using their credentials. Following the completion of your PMP® certification, the following are some of the main benefits you could anticipate:
- PMP Certification is globally recognized
- It enhances your proficiency as a Project Manager
- PMP certification will add value to your resume, increasing employers’ interest in you. Furthermore, accreditation can make you stand out when applying for jobs
- If you want swift growth in your project management career, PMP certification is one of the smoothest & easiest ways
- If you want to get certified as a PMP, you will need to update your project management skills. You can learn new concepts and ideas from the exam to incorporate into your everyday work
The PMP® Certification might help you become a better project manager because it will provide you with new skills and information. Employee satisfaction and project success may increase as a result of this. Project management credentials such as PMP, PRINCE2, and Certified Scrum Master Certification enhance an individual’s professional credibility in a competitive job market.
How Much Does an Indian PMP Get Paid?
Project managers are adaptable enough to operate in various industries and handle multiple projects simultaneously. Working in the project management business requires specific skills and education.
In India, the average yearly income of a project manager is 12,50,000 INR, and they may earn between 4,20,000 and 28,00,000 LPA! It covers almost every kind of project manager, including those in the business, IT, construction, and healthcare industries.
Because PMP®s make over 16% more money than non-certified individuals, the PMP® certification is swiftly gaining popularity. A project manager in India with a PMP® certification typically earns between $20,000 and $30,000 LPA as per latest statistics.
