The Project Management Professional (PMP) certification is a globally recognized credential that signifies proficiency in project management. With an increase in emphasis on skilled project management professionals, the number of PMP holders worldwide continues to rise. This article aims to shed light on the geographical distribution of PMP holders and the prevalence of this certification across different countries.
As organizations globally recognize the value of well-qualified project managers, the PMP certification has become a benchmark for the assessment of someone's project management competence. By examining the number of PMP holders by country, we gain insights into the global reach and impact of this certification. It highlights its role in giving shape to effective project management practices on a worldwide scale. With the help of this article, I will help you delve into the statistics and trends that reveal the distribution of PMP certification holders and the impact of this certification on the global project management landscape.
PMP Holders by Country
As per PMI, there are over 1,000,000 holders of PMP across 214 territories globally. If you want to know the PMP holders by country, look at the table below:
Country | Population (in million) | PMP Holders by Country |
China | 1425.67 | 580360 |
United States | 339.99 | 420330 |
Canada | 38.78 | 92386 |
India | 1428.62 | 72045 |
Japan | 123.29 | 45649 |
Saudi Arabia | 36.95 | 41325 |
Germany | 83.29 | 18792 |
United Arab Emirates | 9.52 | 18253 |
Brazil | 216.42 | 16041 |
Singapore | 6.01 | 15557 |
Hong Kong | 7.49 | 14491 |
Spain | 47.52 | 13736 |
Egypt | 112.72 | 13544 |
United Kingdom | 67.73 | 12780 |
Taiwan | 23.92 | 12707 |
Australia | 26.45 | 11876 |
Italy | 58.87 | 10965 |
South Korea | 51.78 | 10696 |
France | 64.76 | 9443 |
Mexico | 128.46 | 6802 |
Malaysia | 34.31 | 6606 |
Switzerland | 8.80 | 6463 |
Qatar | 2.72 | 6450 |
Colombia | 52.09 | 6322 |
Nigeria | 223.80 | 5556 |
South Africa | 60.41 | 5513 |
Peru | 34.35 | 5047 |
Vietnam | 98.86 | 5026 |
Ireland | 5.06 | 4719 |
Reasons to Become a PMP Holder
Are you wondering why you should become a PMP holder? Well, there are plenty of reasons to become PMP certificate holders. Below are some reasons why the number of PMP holders worldwide is increasing:
1. Equips you With Vital Skills
One of the main reasons to become a PMP holder is that it can provide you with the vital skills essential to succeed in project management. The current job market is becoming increasingly competitive. So, having the essential skills is important if you want to stand out. Completing the PMP certification will also enable you to become well-versed with the latest trends and practices in project management.
2. Increases your Resume Value
PMP certification holders get a competitive edge especially when it comes to resume shortlisting among hundreds or thousands of applications for a role. It enhances employability and adds a strong advantage in the ATS-based keyword filtering widely adopted across the industry.
3. Increases your Earning Potential
Certified PMP professionals can get a chance to draw high salaries. As per the survey conducted by PMI, the average salary of a PMP-certified project manager is about USD 1,08,000. It is nearly 20% more than the salary of non-certified project managers.
4. Offers Industry Recognition
Regardless of the industry you want to work in, PMP certification can prove valuable. It is a certification that is well-recognized around the globe, with PMP certification holders worldwide demonstrating a high level of expertise in project management. No matter your professional background, the certification can provide you with strong credentials. Moreover, even if you are starting your project management career, the PMP certification will enable you to make up for the lack of experience by creating an unshakable foundation.
5. Provides Opportunities to Network
There are thousands of active PMP holders around the globe and PMI is active in arranging several events, by which you can get an opportunity to network with certification holders. This can not only enable you to gain valuable insights into the domain but that can also be very helpful for your career.
Now that you know the many reasons to become a PMP holder, it is time to enroll in our project management courses, learn more about our Project Management course details, and get certified. Make sure to choose a reputed institute or platform to pursue the course.
Top Cities where Knowledgehut Conduct PMP Certification Training Course Online
Take a deep dive into the trending KnowledgeHut's Project Management Courses
How to Become a PMP Holder?
After knowing the reasons for acquiring the PMP certification, you would wonder how to become a PMP holder. There are several steps involved in becoming a PMP certification holder. Here is a quick look at the important steps you need to follow.
1. Know the Prerequisites
Before taking up the course, it is vital to know the prerequisites. One of the important pre-requirements is that you need to have a secondary degree or a 4-year degree. Next, you must have directed projects for 7,500 or at least 4,500 hours. Finally, you need to have 35 hours of education in project management.
2. Sign up for the Exam
The next step is to sign up for the PMP certification exam. Make sure that you are well-versed with all the requirements before signing up.
3. Prepare for the Exam
Once you have signed up, the next step is to prepare for the PMP exam. Passing the exam isn’t easy. So, you will have to prepare a lot. Passing the exam demands a lot of hard work and dedication. Make sure to gain access to as many resources as possible. Also, practice the previous year's papers to get a stronghold on the different topics.
4. Take the Exam
The final step is to take the PMP exam. You can take the exam either in-person or online. The time duration of the exam is 3 hours and 50 minutes. Within that time, you will have to answer 180 questions. The type of questions you will come across in the exam are multiple-choice, fill in the blanks, and matching. Passing the exam will enable you to get the certification and increase your chances of succeeding in your career.
Transform your management approach with our dynamic agile online courses. Discover how to adjust, cooperate, and create like never before.
PMI Principles
Now that you know about the PMP exams having knowledge about the PMI principles is also important. Here are the important principles of PMI that you must know.
iZenBridge- The project scope consists of all the works.
- A project must have a CHARTER.
- Lessons learned need to be collected throughout the entire project.
- The team is responsible for the estimation of the activities.
- In case of premature project termination, establishing the extent of completion is important.
- Quality is built-in and not an afterthought.
- The foundation of the planning activities is the work breakdown structure.
- Identification of risk is to be done throughout the project.
- For planning, historical information is to be used.
- To avoid changes, identifying the stakeholders is vital.
- Instead of corrective actions, it is better to opt for preventive actions.
- Schedule, scope, and cost need to be the baseline for comparison.
- The project management plan reflects how the project will be carried out.
- Preserving integrity is important for project managers.
Country-Wise PMP Related Statistics
The PMP certification, recognized globally, attracts thousands of aspirants annually, with more than 1.2 million professionals holding this esteemed credential worldwide. An examination of the last 12 months shows that the number of PMP holders has steadily increased to 1,296,558 by October 2022. This growth underscores the commitment to excellence in project management across diverse industries and geographies. To comprehend the density of PMP holders by country, one must consider the population of each nation. The top ten countries with PMP holders per million people include Singapore, with 2,400, followed by Canada, Qatar, and Hong Kong.
Aside from the prestige associated with the PMP certification, one of its tangible benefits is a significant salary increase. The PMI salary survey states that certified PMPs enjoy an average salary that is 16% higher than their non-certified counterparts across 40 surveyed countries. The percentage increase in salaries for certified PMPs in the top 10 countries. These are the United States, China, Canada, India, Japan, Saudi Arabia, Germany, Brazil, Singapore, and Spain.
PMP Holders Salary
The Project Management Institute (PMI) reveals insights in its 13th edition of the "Earning Power: Project Management Salary Survey." It emphasizes the notable advantages of the PMP certification. PMP holders reported a 33% higher median salary compared to non-certified professionals across the 21 surveyed countries. The report underscores the global recognition of PMP certification, with the United States, Australia, Germany, the United Kingdom, and Singapore as top-paying nations for project professionals. Additionally, the report highlights the distribution of PMP holders by country, showcasing where PMP certification has the highest impact globally.
The data also unveils substantial salary increases in positions of higher responsibility and showcases a correlation between project size and median salaries. Beyond monetary benefits, the survey emphasizes the increase in demand for certified project professionals globally. This table outlines the average annual salaries for PMP holders in key countries as of 2023:
Country
| Salary
|
|---|
United States of America
| USD 120,000
|
India
| INR 2,000,000
|
Canada
| CAD 93,000
|
United Kingdom
| GBP 60,000
|
Australia
| AUD 130,000
|
Singapore
| SGD 96,000
|
South Africa
| ZAR 91,000
|
New Zealand
| NZD 117,000
|
Germany
| EUR 79,000
|
Switzerland
| CHF 119,000
|
UAE
| AED 312,000
|
Conclusion
The global distribution of PMP holders shows the widespread recognition and influence of the Project Management Professional certification. The increase in numbers across diverse countries reflects the high demand for proficient project managers and the universal acknowledgment of the certification's value. These statistics reveal the prevalence of PMP certification and highlight its pivotal role in a standardized and enhanced project management practice globally.
Amidst the dynamic landscape, PMP holders contribute to excellence, ensure uniform competence, and ultimately enhance the success of projects on an international scale. In addition to assessing competency, organizations worldwide leverage the geographical distribution of PMP Holders by Country to strategically find PMP credential holders, fostering a global network of proficient project managers and further enhancing the impact of the certification on the international project management landscape.
