Career as a Project Management Professional: Scope of PMP in 2022

Do you know that today every industry, from healthcare to Information Technology, requires Project Management Professionals (PMP) to take their business to heights? The demand for project managers is accelerating every day. According to a research study by PWC, 97% of firms worldwide believe that Project Managers are crucial for their business growth. This can be the right career if you have a keen interest in problem-solving. This career offers tremendous career growth and one of the best pay scales across the world.    

Scope of PMP in 2022

Let’s go into the details of the Project Management

Project Management as a career

Why gain a Project Management Professionals certificate?

Scope of PMP certification

Conclusion  

Let’s go into the details of the Project Management  

Organisations require project managers to handle complex projects and do the project’s planning, monitoring, execution, risk management and reporting. Project managers should be able to bring business value to the organisation. To become a Project Manager, you should focus on getting 3-4 years of experience in an area related to IT project management.   

Project management institute (PMI) Says that the demand for skilled Project Managers will rise to more than 88 million by 2027. As a Project Manager, you are expected to know the best practices of Project management and employ the best suitable methodologies based on the project’s requirement. You will be required to plan, prepare the schedule, assign tasks to teams and individuals working on a project, track timelines, and identify and mitigate risks. In short, you will be responsible for ensuring that the tasks don’t get disorganised and the project should be delivered on time.   

Project Management as a career

By now, you have a rough idea of what project managers do in an organisation. Simply put, they take up projects and handover to the clients while ensuring maximum client satisfaction. This brings value to the organisation. You will also be awarded an attractive remuneration for performing these job responsibilities as a project manager. According to Glassdoor, the average salary of a project manager is £45,288 per annum. You can expect better opportunities in your Project Management Career if you gain a Project Management Professional (PMP) Certification.   

In addition to the tasks mentioned above, project managers should possess problem-solving and good mathematical and communication skills.   

The benefits of taking up Project Management as a career are:

  • Project Managers are in high demand worldwide. 
  • You will directly bring an effect to the business which has a higher impact on your portfolio than just wages like other job profiles.  
  • Project managers are needed in a variety of sectors opening endless opportunities for you. Project-oriented positions are available not just in the IT industry, but also in the corporate services, oil and gas, banking and insurance, development, building, and utility industries across the world. 
  • With more certification in Project management, you can draw potential employers’ focus and achieve greater career growth and remuneration. 

Why gain a Project Management Professionals certificate? 

A PMP certificate will help you develop skills in managing processes, implementing project management principles and leading your team to project completion. The PMP certificate is provided by Project Management Institute (PMI). It assists you in comprehending and executing various PM approaches and methodologies based on the project requirements. Compared to other professionals, having the PMP certification boosts your professional standing. According to PMI’s Income Power Survey, holding a PMP certification may significantly increase your earning potential. With a PMP certification on your resume, you will join the 79% of global project managers with this credential. According to a PMI poll, PMP certification holders earn 16% more salary than those Project Managers without the certification.   

There are other certifications too that you can choose to gain in Project Management if you somehow don’t qualify for the PMP certification exam. PMP courses from PMI-authorised institutions like the PMP training will help you pass the PMP exam and meet the required 35 contact hours. With PMP certification, you can network with more than 600,000 Project Managers worldwide. 

Scope of PMP certification 

By now you have understood that Project Management as a career can be a luring opportunity. Now, let’s see what are the roles that you can choose in Project Management: 

  1. Most of the PMP professionals begin their career in Project Management as a Project Manager.  
  2. With PMP certification, you will also get opportunity to work as project schedulers, project coordinators, and office directors. 
  3. If you supplement your PMP certification with PMI-ACP certification, you can work as agile Project Managers or scrum masters. 
  4. Many PMPs also work in roles related to regulatory compliance and implementation and value-based engineering coordinators (especially if you’re interested in risk management). 
  5. Today, Industries across domain like healthcare, construction and banking institutions are looking for certified project managers. You can also work in roles to develop and handle their corporate portfolios as a certified Project Manager. 

Conclusion 

As you have read, the career opportunity for a Project Manager is vast and rewarding. It’s in your hand to grow your career by obtaining various certifications in Project Management. PMP certification is the most widely recognised certification worldwide across industries.  

Robin Williams

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