PMP certification is one of the most demanded professional certifications in India. What is the importance of PMP certification in India? What is the popularity of PMP certification in India? What is the cost of PMP certification in India? We will answer all these questions and list alternative methods for PMP certification India training. We will conclude the post with the benefits of PMP certification in the end.
PMP Certification Facts in India
Project Management Professional or PMP certification is the most sought after certification for project managers across the globe . Project Management Institute (PMI) has been offering this since 1969. PMI is headquartered in Pennsylvania, USA. PMI has its presence in all continents through its chapters and Registered Education Providers. As of January, 2017, there are close to two million PMP certification holders in the world.
In this post, we will explore the importance of PMP certification in India. We will also take a look at the associated PMP certification costs, benefits and the training options.
Importance of PMP Certification in India:
Many countries are looking to outsource their Information Technology projects to Indian companies to be cost effective. But would also like to ensure the quality of managing the projects. This has led to a spurt in the requirement of PMP certification holders in India. The ‘Project Management Skill Gap’ report published by PMI indicates a 60% hike in project manager roles in India by 2020. The report also indicates that, there will be close to 4 million project oriented jobs by 2020 in India.
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Popularity of PMP Certification in India:
With the ‘Make in India’ call given by the current Indian Prime Minister Mr.Modi, the Public Sector and Government are mandating the Project Management training for their employees to ensure success in project delivery.
Popular Industries Where PMP Certification Is Needed
PMP training is also popular in Banking, Telecommunication, Pharmaceutical and Healthcare industry. PMP certification and framework are domain agnostic. Hence, PMP certification in India is also very popular with people who are looking for a career shift across industries.
Salary Range for PMP Certification Holders in India
Research indicates that a PMP certification in India can fetch a median salary of INR 1.4 million in the IT industry as of January 2017. The highest median salary by city for PMP in India is in Bengaluru city at INR 1.7 million. By sector, it is Banking that recorded the highest median salary of INR 1.89 million for PMP certification holders in India. Now, PMP certification is mandatory for most project manager positions and not a mere desirable.
Check our How much a Project Manager can earn? PMP salary video
PMP Certification Training Costs in India
PMP certification costs include cost of training, exam fee and membership (optional). “PMP Certification Costs – All Aspects” post includes all costs of a PMP certification including hidden costs. We will go through the PMP certification costs in India in following headlines.
Cost of PMP Certification Classroom Training in India
The membership fee and PMP certification exam fee are paid to PMI and are same anywhere in the world. The difference comes in the cost of PMP certification preparation training. There are many companies offering PMP certification classroom trainings in India. All institutes claim to be the best in providing PMP certification training, so how do you choose?
Look at the experience of the instructors and support given by the PMP certification education provider. Check if the education offers any practice tests and tips for the exam. The PMP certification classroom training cost for PMP in India can vary anywhere between INR 10,000 to INR 18,000. Let us see the pros and cons of PMP certification classroom training.
Should You Go for PMP Certification Classroom Training?
In the PMP certification classroom training, an instructor conducts the training for a set of people, generally from morning 9AM to 6PM. This is the traditional mode where you can interact with the instructor and other PMP certification aspirants in the class. So, what are the pluses and minuses in this? The plus is that you attend a PMP certification class where you could ask the instructor for clarification if you do not understand a topic in the lecture. You also have the chance to discuss with other aspirants in the PMP certification class.
Being the busy project manager you are, you may have to attend meetings or have worked late the previous night. So, you may not find time to attend a full day PMP certification classroom training with fixed timing. Most often, the PMP certification aspirants cannot attend all four days. Hence, for them to complete the PMP training, they need to wait for the next batch to start. So your ‘PMP certification’ project is already late. Are you any better from the cost angle for your project? May be not. Classroom training for PMP in India cost you more than the other options.
Online PMP Certification Training Option
Online and self-paced PMP certification courses are much more affordable and flexible options for PMP certification candidates. We listed the benefits of online PMP certification training option below.
Watch the Top 3 Benefits of PMP Online Training
Challenges in Attending PMP Certification Classroom Training
PMP certification aspirants are already working on projects with tight timelines. It is tough to manage time for their personal activities. Most classroom sessions are conducted over two weekends or over four consecutive days. Hence, finding dedicated time for attending the PMP certification classroom training sessions is difficult. The common complaint from PMP certification aspirants in India is lots of time lost in commute. Also, to spare the four days for the PMP certification classroom training schedule offered by various training institutes is an uphill task. Added to these woes, some project managers have to work in time-zone of their client company. This makes PMP certification classroom training timing nonviable. PMP certification aspirants are looking for alternate options for pursuing their PMP training.
Why Online PMP Certification Training in India is being preferred?
Online training gives the aspirants the flexibility of time, and convenience of accessibility. Both instructor led and self-paced sessions are now available as a option for PMP in India. The self-paced PMP certification training model is being favored over other options.
PMP aspirants in India are moving to self-paced option. The reasons being:
- Access to videos which they can view anytime to revise their concepts.
- Facilitates bite-size study which gives motivation and flexibility.
- Improved reliability and quality of internet service
When Project managers go on an assignment outside India as part of their job, they cannot attend PMP certification classroom training. In these cases, online PMP certification training provides continuity in their training. Self-paced training, as the name says, each one gets to choose how they want to prepare for their PMP certification.
Benefits of PMP Certification
As a project manager, you always look at the cost-benefit analysis of the project. We have looked at the costs, let us see the benefits:
- You have better chances of being considered for a job or a promotion in project management field.
- Shows you know the best practices, talk the same terminology as other managers world over
- The continued PMP certification rule helps you to be in touch with the profession
- You are better equipped to handle your job
- You are part of the elite group of PMP certification holders
Demand for PMP certification in India is on an increasing trend as many industries realize its need for successful delivery. As an organization, if you have PMP certified project managers managing your projects, it boosts the confidence of your customers. You can read more about PMP benefits.
PMI Project Management Skill Gap Report
Author: Sunanda Gudavajhala
Sunanda Gudavajhala, B.Tech, M.B.A, PMP has over 25 years of project management experience. She is a consultant and trainer on project management. She is the recipient of “Recognition of Excellence” award from PMI, USA and Woman Volunteer award from Hyderabad, India Chapter of PMI. She has contributed to the “Practice Standard on Scheduling, PMI”. She has worked as the Liaison officer for PMIEF (Education Foundation) for the Hyderabad, India Chapter of PMI.