Overview
According to data from the Project Management Institute (PMI), the median Salary of PMP Professionals in the United States was $111,000 in 2021. This data was based on a survey of PMI members and is not necessarily representative of the entire project management industry. It is also important to note that salary can vary significantly based on a variety of factors such as industry, location, company size, and an individual’s education and experience.
PMP® Certification Salary Country Wise
| Country | Average Salary |
| India | 2 Million INR |
| USA | 112K USD |
| UAE | 312K AED |
| Germany | 82K EUR |
| Australia | 142K AUD |
Company Based PMP® Certification Salary
The salary of a project manager with a Project Management Professional (PMP®) certification can vary significantly based on the company they work for. Some companies may place a higher value on the PMP® certification and offer higher salaries to project managers who hold the certification, while other companies may not place as much emphasis on the certification and offer lower salaries.
Factors that can influence a project manager’s salary at a specific company include the industry in which the company operates, the size of the company, the location of the company, and the specific role and responsibilities of the project manager. It is also important to consider an individual’s education, experience, and other relevant skills and qualifications when evaluating their salary.
It is generally a good idea for a project manager to research salary data and consider the specific factors that may affect their salary when negotiating their compensation with an employer.
Designation based PMP Certification Salary
The salary of a project manager with a Project Management Professional (PMP®) certification can vary based on their job title or designation within an organization. In general, project managers with more senior titles or roles may have higher salaries than those with more junior titles or roles.
FAQ’s
How can one get a PMP® certification?
To become a Project Management Professional (PMP®) certified by the Project Management Institute (PMI), an individual must meet the following requirements:
- Have a bachelor’s degree (or the equivalent level of education) and at least 4,500 hours of project management experience, or a high school diploma or equivalent and at least 7,500 hours of project management experience.
- Have completed 35 hours of project management education or training, such as a PMP certification prep course.
- Agree to adhere to PMI’s Code of Ethics and Professional Conduct.
To apply for the PMP® certification, individuals must submit an application to PMI and provide documentation of their education and project management experience. If the application is approved, the individual can then schedule and take the PMP® certification exam at a testing center. The exam consists of 200 multiple-choice questions and has a time limit of four hours.
It is recommended that individuals who are considering pursuing the PMP® certification review the PMI’s requirements and guidelines in detail and consider completing a PMP certification prep course to help prepare for the exam.
What kind of jobs are available for PMP® certified employees?
PMP (Project Management Professional) certification is a globally recognized professional certification in project management offered by the Project Management Institute (PMI). PMP certified individuals have demonstrated their knowledge and experience in the field of project management, and as such, they are highly sought after by employers in a variety of industries. Some examples of jobs that may be available for PMP certified individuals include:
- Project Manager: A project manager is responsible for planning, organizing, and directing projects from start to finish. They work with cross-functional teams to ensure that projects are completed on time, within budget, and to the required quality standards.
- Program Manager: A program manager is responsible for managing a group of related projects that have a common goal or objective. They work with project managers to ensure that the projects are aligned with the overall program goals and are delivered on time and within budget.
- Portfolio Manager: A portfolio manager is responsible for managing a portfolio of projects, programs, and other work that is aligned with the organization’s strategic goals and objectives. They work with senior leadership to ensure that the portfolio is aligned with the organization’s overall strategy and that resources are allocated appropriately to support the portfolio.
- Operations Manager: An operations manager is responsible for the day-to-day management of an organization’s operations. They may use project management skills and techniques to plan, organize, and direct the activities of the organization.
There are many other job titles and roles that may be available to PMP certified individuals, depending on the specific needs and requirements of the organization. PMP certification can be an asset for those seeking to advance their careers in project management or related fields.
Who should take the PMP Certification course?
The PMP (Project Management Professional) certification is a globally recognized professional certification in project management offered by the Project Management Institute (PMI). The PMP certification is designed for individuals who have demonstrated their knowledge and experience in the field of project management, and are looking to advance their careers or demonstrate their professional credibility.
Generally, individuals who should consider taking the PMP certification course include:
- Project managers: Project managers who have a minimum of three years of project management experience and a bachelor’s degree, or five years of project management experience and a high school diploma, are eligible to take the PMP certification exam.
- Aspiring project managers: Individuals who are looking to enter the field of project management and want to demonstrate their knowledge and skills to potential employers may benefit from obtaining the PMP certification.
- Experienced professionals: Individuals who have experience in project management or related fields, and want to advance their careers or demonstrate their professional credibility, may benefit from obtaining the PMP certification.
- Students: Students who are studying project management or related fields may benefit from obtaining the PMP certification as it can provide them with a competitive edge when entering the job market.
It is important to note that the PMP certification has certain eligibility requirements, including a minimum level of education and project management experience. It is a good idea to review the eligibility requirements before deciding to pursue the PMP certification.
What is the basic cost of the PMP certification?
The cost of obtaining the PMP (Project Management Professional) certification varies depending on a number of factors, including your current membership status with the Project Management Institute (PMI), the location of the exam, and any discounts that may be available.
For individuals who are not members of PMI, the basic cost of the PMP certification includes:
- The PMP application fee: $555 for PMI members, $1,000 for non-members
- The PMP exam fee: $405 for PMI members, $555 for non-members
For individuals who are members of PMI, the basic cost of the PMP certification includes:
- The PMP application fee: $555 for PMI members
- The PMP exam fee: $405 for PMI members
It is important to note that these fees do not include any costs associated with preparing for the exam, such as study materials or training courses. These additional costs can vary widely and will depend on the specific resources and methods you choose to use for exam preparation.
It is a good idea to review the current fees and requirements for the PMP certification on the PMI website (https://www.pmi.org/) to get a more accurate estimate of the total cost of obtaining the certification.
Also Read : PMP Certification Cost and Price Breakup
What is the passing score for PMP certification?
The passing score for the PMP (Project Management Professional) certification exam is determined by the Project Management Institute (PMI), the organization that administers the exam. The passing score is established based on a statistical process called the “modified Angoff method,” which is used to determine the minimum level of knowledge and skills required to perform the job of a project management professional.
The passing score for the PMP certification exam is determined by the performance of a panel of subject matter experts who are representative of the population of PMP certified individuals. These experts review the exam content and determine the minimum level of knowledge and skills required to pass the exam.
The passing score for the PMP certification exam is not disclosed by PMI, as it is subject to change based on the performance of the exam-taking population. However, it is generally accepted that a passing score for the PMP certification exam is around 61%.
It is important to note that the PMP certification exam is designed to be challenging and is not intended to be easy to pass. To improve your chances of success, it is recommended that you thoroughly prepare for the exam by studying the exam content and gaining hands-on experience in project management.
If someone fail to meet the audit requirements for the PMP Exam, What happens to fees ?
If you fail to meet the audit requirements for the PMP (Project Management Professional) certification exam, your application fees will not be refunded. The audit process is a review of your application and supporting documentation to ensure that you meet the eligibility requirements for the PMP certification. The audit is triggered when you submit your application for the PMP certification exam.
If you are selected for the audit, you will be required to provide additional documentation to support your application. This may include, but is not limited to, proof of your education, project management experience, and professional development units (PDUs). You will be given a specific timeframe in which to provide the required documentation.
If you fail to meet the audit requirements, your application will be denied, and you will not be eligible to take the PMP certification exam. In this case, your application fees will not be refunded.
It is important to carefully review the eligibility requirements for the PMP certification and gather all necessary documentation before submitting your application to avoid being selected for the audit. If you are selected for the audit, it is important to carefully review the requirements and provide all necessary documentation within the specified timeframe to avoid having your application denied.
Please read official FAQs for refund policy here.
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