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Value Of PMP Certification

The value and importance of the PMP Training certification is a hotly debated topic within the project management community. One end of the spectrum vigorously defends the credential as the defining standard for competence, PMP whereas the other end views it as a meaningless exercise signifying nothing more than rote memorization. Many fall somewhere in the middle, seeing it as a necessary evil that hopefully yields some advantage to their marketability.
The study reports the valuation of the PMP Training certification by IT Recruiters and corporate IT Executives, as well as a statistical evaluation of the PMP as an indicator of project success.

Survey Says

Valuation of the PMP Training: Of the 15 core competencies surveyed, the PMP certification was ranked #11 by IT recruiters, and #15 by IT Executives (that’s right-dead last!) Shown below are percentages of IT Executives rating of “Important” or “Extremely Important” for each competency.
1. Leadership 95%
2. Ability to Communicate at Multiple Levels 94%
3. Verbal Skills 87% 
4. Written Skills 87%
5. Attitude 85%
6. Ability to Deal With Ambiguity and Change 83%
7. Work History 69%
8. Experience 67%
9. Ability to Escalate 66%
10. Cultural Fit 57%
11. Technical Expertise 46%
12. Education 38%
13. Length of Prior Engagements 23%
14. Past Team Size 18%
15. PMP Training Certification 15%
PMP as Indicator of "Project Success": There was no statistically significant difference in the reported success rates for projects led by certified vs. non-certified project managers when considered across 5 Success Criteria:
Cost/Within Budget
On Schedule
Quality/Met Technical Specifications
Quality/Met Client Business Requirements
Client/User Satisfaction
Value Of PMP Certification Value Of PMP Certification Reviewed by Nishtha PMP on 2:48 PM Rating: 5

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