Explore the perceived value and effectiveness of PMP certification in project management, debating its relevance, worth and success rate.
Is the PMP overrated?
A recent PwC survey states that PMP certified project managers handle more than three-fourths of the high-performing projects. Also, companies with more than one-third PMP certified managers enjoy much better project success than companies that do not.
Is a PMP worth getting?
So, if you have the required project management education and the requisite project management experience (preferably in areas such as software development), you’re ready to start the process of becoming a certified project manager — and, spoiler alert — earning a project management certificate is worth it!
Is PMP outdated?
The full PMP certification is still appropriate for any project managers who plan to specialize in traditional plan-driven project management. However, that depth of knowledge in plan-driven project management should be optional for someone who wants to develop an integrated Agile Project Management approach.
What percentage of people fail the PMP?
Every year, over 60,000 people enroll in Project Management Professional certification programs to expand their project management skills and knowledge. Of this, PMP exam pass rate is less than 70%. It can be a time-consuming process but it is worth the effort.