Why Are Only a Few People Able to Successfully Achieve the PMP Certification?

Why Are Only a Few People Able to Successfully Achieve the PMP Certification?

The Project Management Professional exam is tough. Anyone who wants to achieve PMP certification should be prepared for the exam. Consequently, first-time test takers should also be informed that the PMP certification exam is complicated.

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Getting the PMP certification means you must qualify for the requirements in interest to studying for and passing the PMP exam.

Although the PMP is not the best certification for every project manager, the following information will encourage you to decide if it is in your best interest to get certified in this field.

The PMP Certification

The Project Management Professional (PMP) certification is the industry standard for Project Managers global.

Established in 1984 by the Project Management Institute, the PMP has since become the de facto standard in the field.

Today, more than 500,000 project managers take this certification, and many companies see for the PMP when using project managers.

The exam has also got the ANSI/ISO/IEC 17024 Accreditation from the International Organization for Standardization, making it universally applicable.

PMP qualified instructors supervise the exam, and examinations are organized around roles that employ both knowledge and task-driven guidelines that test your skill in every area.

PMP Certification Requirements

Candidates must meet specific requirements to obtain PMP certification and sit for the exam. The education requirements are relatively soft: you will need either a secondary or primary degree or a diploma with the right education and work experience. Your main options cover the following:

Primary Degree:

If you have a bachelor’s degree or higher degree. You can be eligible for the PMP certification with three years of work experience, at least 4,500 hours of leading and managing projects, and 35 hours of certified project management education.

Secondary Degree:

You can be eligible for the PMP with a secondary degree, comprising a high school diploma or associates degree. The global equivalent of 35 hours of certified project management education, five years of project management experience, and at least 7,500 hours of experience.

PMP Exam

The PMP Exam comprises of five parts or domains, each of which tests your competence in more than 20 skill areas. The exam also tests your ability, knowledge, and knowledge of each of the skills that are required of industry-standard project managers.

Because PMP exam questions are regularly reviewed and revised, the content is highly relevant to actual project management, and therefore also improves every few years.

The exam comprises 175 scored questions and 25 unscored questions. Unanswered questions are marked as incorrect, so you should attempt to answer all questions.

How Tough is the PMP Certification Exam?

The fail ratio for the PMP exam is quite high at an approximated 40-50% for first-time test-takers. There is no definite number of questions that must be answered accurately to pass the PMP exam.

Each question is rated based on its relative complexity, meaning that if you get all of the simple questions right but get all of the hard ones wrong, you could still fail the exam.

There is no way to admit the questions that are scored from those that are not, which means you will have to do your most considerable to answer all questions accurately.

The best method to prepare yourself for success is to study as much as potential with quality materials, make sure that you are close with the type of content and questions that are expected to appear on the exam and take several practice exams.

Many prep courses give practice questions and explanations, one-on-one time with live tutors or instructors, and many full-length exams. Experts recommend scoring a minimum of 80% on PMP practice exams because the minimum pass rate on the actual exam floats around 65%.

You can also study prep course that gives a money-back guarantee or pass or re-enroll plan so that if you fail the PMP exam, you will have a way to additional help.

If you fail the PMP exam, you can retake it, up to three times in one year. If you fail three times within a year, you need to wait for a year to re-take your exam.

PMP Exam Syllabus Domains

The five domains of the PMP exam cover a selection of tasks and questions directed at evaluating your skill and knowledge of more than 20 distinct areas.

These include:

1) Initiating the Project (13%)

This knowledge area, and consists of an average of 6 tasks, plus a knowledge and skills section. Jobs might want analyzing documents, developing a project charter, obtaining consent for a project, and so on.

2) Planning the Project (24%)

These might involve setting up and planning a project, creating project plans, handling meetings and stakeholders, and other real-world tasks. The article ends with a knowledge and skills test that measures your methods and planning skills.

3) Executing the Project (30%)

These take longer to make than the previous functions, as they involve making changes, obtaining resources, and following plans. The knowledge and skills section covers quality control, tools, techniques, budgeting, scheduling, and more.

4) Monitoring and Controlling the Project (25%)

This section typically includes quality control, project performance, assessing actions and risks, and taking steps to ensure that deliverables are completed and handed in on time. The questions part checks your ability to monitor, use analysis, and management techniques.

5) Closing the Project (8%)

These revolve around getting deliverables and acceptance, transferring ownership, obtaining financial and legal closure, sharing projects, archiving, and customer relationships: the knowledge and skills section tests, techniques, feedback, close-out systems, and agreement.

PMP Exam Length

In past years, the PMP exam took an aggregate of 7 hours to finish; the test is much smaller and typically needs about 4 hours to complete.

Scheduling the PMP Exam

You can register the PMP Certification online or by phone. It is allowed in different locations throughout the year. Subject to on your qualifications, you might have to take a paper or a network test.

There is a $70 fee for rescheduling your PMP exam within 30 days of the exam, but you can reschedule the exam for available if you do so more than 30 days before your first scheduled exam date.

If you need to reschedule your exam within two days, you will become to cancel and abandon the full exam fee.

On the Day of PMP Certification Exam

On the day of the PMP exam, you must enter at least 30 minutes before the exam is scheduled to begin, and before earlier in case, and there is a line. You must sign in, show your identification, and give your PMI code a minimum of 30 minutes in advance of the exam.

In some cases, your force also is asked for your consent notice. Your ID should be in English or must an English translation and highlight your signature and your photograph.

You will have to receive to a built-in calculator on the exam, but you may request for a handheld calculator, and either cut paper or marker board to make notes.

You will also be asked to take a voluntary 15-minute study and questionnaire before the exam. The exam is four hours long, and there is no recorded break.

You may take small breaks when you want, despite the fact that you will have to sign in and out again, and the exam clock will not stop. If you take a 10-minute break, this time will be subtracted from the time you have to take the test.

You will only have just over one minute to answer per question, so breaks are not desirable unless you are a quick worker and you are ahead on the test. For this reason, you should plan, bring water, and try to limit any bathroom breaks.

PMP Exam Scoring

Until 2005, to pass the PMP, a minimum of 61%, correct answers were required. However, this is no longer the case. Unhappily, PMI no longer publishes their minimum required a passing score.

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Alternatively, questions are graded and scored based on their difficulty, which makes it challenging to pass quickly by answering a certain number of questions correctly. Also, only 87.5% of the questions are scored.

PMI notifies on their website that passing scores on the exam are prepared based on psychometric analysis of candidates’ answers that show their capacity to perform well in their job. This means that one person might pass with 60% while another might fail with 65%.

In other words, every exam is scored individually based on the complexity of the questions that are answered right.

PMP Costs

The PMP exam fees $555 for Non-PMI members or $405 for PMI members. PMI membership price $129 a year plus a $10 annual renewal fee.

You will also want to purchase the PMBOK Guide to study for the test, which costs $65.95 for non-members and $49.50 for members. Should you wish to take a previous class or program, you should factor that into the costs as well and think that some prep courses include the PMBOK Guide in their study materials.

Global Recognized PMP Certification

The most meaningful benefit of PMP certification is that it is globally recognized and internationally accredited.

This means that as long as you hold your certification by completing a minimum of 60 hours of proceeding education every three years and proceed to work in the area, you can use your certification to looking for work anywhere in the world.

PMP Benefits

PMP is one of the most well-known project management certifications in the world and is undoubtedly one of the most valuable. Some companies do not admit candidates without a PMP certification for particular positions, so having the certification can aid you in the hiring process for higher-paying jobs.

Best PMP Careers

PMP certification demonstrates that you have particular experience and dedication to your field, which gives you eligible for more senior positions, often with higher pay.

However, the following kinds of positions may be held with or without PMP certification:

1) Program Manager

  • Salary Range: $87,658 – $127,000.

Program Managers typically manage short, continuing projects, hiring and outsourcing tasks and work as required, manage quality control, budgets, and timelines.

Most program managers communicate with all individuals involved in a project, including stakeholders, and may form plans and schedules, and often execute plans for distribution, revenue, and visibility.

2) Project Manager in Engineering

  • Salary Range: $90,814 – $132,000.

These managers supervise engineering projects on and off the field. Tasks typically include securing safety agreement, promoting a culture of best practices, preparing cost proposals, managing financial records, creating product strategies, and designing product development plans.

3) IT Project Manager

  • Salary Range: $97,312 – $128,000.

IT Project Managers supervise technical teams in design, development, and maintenance or repair tasks. Tasks usually involve coordinating deliverables, quality assurance, resource allocation, project plans, and schedules.

4) IT Program Manager

  • Salary Range: $121,669 – $153,000.

IT Program Managers have technical IT skills. Their jobs often entail working with developers and testers to guarantee product viability, planning projects, assigning duties, outsourcing, or finding skilled labor as required, as well as developing and maintaining long-term plans and strategies.

5) Senior Project Manager

  • Salary Range: $114,611-$150,000.

This job may include managing large teams in a large industry or company, usually with the aid of other managers. Tasks typically include customer relations, budgeting, project planning, leading meetings with stakeholders, and creating comprehensive project plans.

Conclusion

Qualifying for and getting the PMP is a challenging process, but getting your certification will open up job opportunities throughout the world.

I hope the above information was useful in helping you decide whether to pursue PMP certification to advance in your industry.

Best wishes for your PMP Career.

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