What is the career scope of PMP Certified Professionals?
To execute a task for attaining a bigger goal is a project. Managing the task for achieving the desired results is termed project management. This forms the basis of any industry or enterprise only in different forms depending on the product it deals in. Project Management Professional Certification is of so much importance to various sectors that they cannot do without it. It has undoubtedly become a worry-free career option for individuals since PMP Certification holders will always remain in huge demand. The increasing emergence of PMP careers is a boon for job seekers and professionals in this field.
What Are The Entry-Level Jobs For PMP Certified Professionals?
The entry-level PMP jobs do need a mention. These jobs add to one’s experience and serve as warm-up sessions to proceed to the higher ranks. Here is a list of the designations that fall within the entry-level category.
Assistant in Project Management: The role of an assistant involves multiple responsibilities during a project’s planning stages. Regularly, assistants need to monitor the project budget and coordinate with its vendors.They collaborate with all the departments in an organization, assign duties, and collect project execution data. The overall job is to assist the project lead or manager in technical and administrative tasks. They take care of the budget, material procurement, and the schedule of a project.
Project Coordinator: He/she is in charge of the project’s smooth sail and reports to a project manager on the financial statuses of the projects. With the help of reporting tools like graphs and spreadsheets, a project coordinator creates routine presentations. At times of financial shortfalls, he executes budget analysis to manage or suggest necessary changes in the project. This job profile also involves participation in meetings and project strategy development. The other tasks include project proposal preparation cum reviewing, and managing all the related paperwork.
Project Scheduler : A project scheduler’s proficiency is the secret to a project’s timely completion. He is the one who strategically creates different periods with respective deadlines for individual project operations/stages. Project schedulers provide progress reports frequently, and even offer solutions to project setbacks. They are responsible for making decisions in terms of risk management, material procurement, and sub-contracts. This designation involves the identification of schedule delays if any, and their reasons.
Which Is The Senior-Level Job For PMP Certified Professionals?
What jobs can you get with a PMP Certification is the question of most professionals. Well, this certification undoubtedly paves one’s way to higher ranks.
Team Lead: Patience proves to be a virtue for individuals who have started with entry-level profiles. This designation is a boost to their PMP Careers and the desires associated with them. Team leads shouldn’t be mistaken for project managers. The latter supervises the former’s activities. Project team leads work on the strengths of the project’s team members to reach the end goals. Their main responsibilities include team meeting arrangements, task allocation, product prototype testing, and role defining.
Project Manager: It is the most desired designation for those pursuing PMP Certification. Acting as a supervisor to the aforementioned designations, a project manager gets involved with every facet of a project. This adds to his job satisfaction as well. He is the guide whom others follow and assist in keeping the project communications, budget, and schedule in sync. The versatility of this role opens the door to exploring several industries. For instance, finance, software development, healthcare, construction, etc.
Which Is The Senior-Level Job For PMP Certified Professionals?
Ten years of working experience in the project management field leads one into the senior project manager role. Senior project managers are needed in projects related to the designing and manufacturing of complex products/services. They demonstrate project leadership by monitoring at every stage. They are hired for their indigenous competencies. These are, namely, time management, strategic planning, results orientation, and communication skills.
- A senior project manager identifies the project’s budgetary and resource requirements.
- He/she develops the project plan and hosts meetings with the rest of the team, including the project manager.
- The other tasks are vendor coordination and project deadline management. Offering feedback and updating others about the project are also included.
With the variation in tasks that one gets to see here, project management jobs are far from becoming monotonous. Those who dream of an exciting career throughout must pursue a PMP Training Course.
Top Companies that recruit PMP project managers
Due to their advanced knowledge and experience in project management, PMP practitioners have been acknowledged by two-thirds of the world's organizations. These organizations are likely to recruit certified Project Management Professionals to handle their projects. The following are the top companies that recruit project managers owning PMP Certificate.
IBM : International Business Machines Corporation (IBM) is one of the world's largest technology companies, with operations in over 170 countries and over 345,000 workers globally. They hire project managers to oversee all proposals, contracts, purchase orders, invoicing, and payments associated with the project.
Deloitte : Deloitte is the world's biggest professional services firm, offering auditing and assurance, taxation, consulting, risk management, and financial advice to corporations and government organizations. Deloitte project managers are in charge of managing projects, maintenance of project plans, task breakdown structures, scheduling effort estimating, and tracking. They are paid USD 136,400 per year for ensuring the projects are managed efficiently.
Apple : Apple is a well-known brand that specializes in consumer electronics, software, and internet services. It has a wide range of work opportunities, including project management positions. Apple's project managers plan and monitor software development, as well as purchase services and hardware, and coordinate delivery, installation, and configuration. An Apple project manager's average yearly salary is USD 184,167.
AT&T: AT&T is a multinational American corporation that provides telecommunications, media, and technology services. AT&AT project managers are in charge of developing project plans, organising projects, communicating changes and progress, and delivering projects on schedule and within budget. They also oversee the activities of the project team. Their annual pay is on average USD 100,186.
Bank of America : Bank of America is a leading financial institution in the world. It provides banking services, investment, and risk management to individuals, small to medium-sized businesses, and major enterprises. Project managers have the responsibility of creating and managing diverse projects. They also provide ideas on hiring strategies, resource strategies, training opportunities, and business continuity plans. Bank of America pays project managers USD 133,369 per year.
Accenture : Accenture is an Irish-American professional services firm that specializes in information technology consulting and services. They develop software using cutting-edge technology such as market-shaping AI and self-optimizing systems. Accenture project managers manage and execute multiple projects. They also ensure that all projects are executed on time, on budget, and within scope. A project manager's annual pay is around USD 123,000.
Amazon : Amazon is a global technology enterprise based in the United States that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the world's most powerful economic and cultural forces, as well as one of the most valuable brands. Amazon project managers are in charge of managing the entire project and ensuring that it is completed within the scope, budget, and on time. The average annual compensation for a project manager is USD 156,667.
J.P. Morgan : J.P. Morgan is a global leader in financial services, delivering solutions to the world's largest corporations worldwide. Project managers handle projects from start to finish, including establishing project requirements, priorities, and deadlines. They are also responsible for ensuring that proper risk and architecture requirements are satisfied, as well as managing the project budget and resources. A project manager at JP Morgan earns an average yearly salary of USD 103,750.
Project Management Professional Training imparts knowledge in the three different concepts of project life cycle. These concepts are namely, adaptive, iterative, and predictive. Such invaluable and helpful knowledge outweighs the certification cost. Insights into the various knowledge areas of project management is a plus point of this certification course. Individuals learn to assign values to cost, time, and performance that are considered as the three major constraints to a project.
Certified professionals exhibit a good grip on the steps of project planning. That is the foundation of a project’s success. PMP Certification ensures their potential in assessing project risks, as well. Training provides the guidelines to developing the work breakdown structure while planning a project. This helps the project yield desired results. The amount invested in pursuing this certification offers manifold returns to its aspirants in the form of lucrative salaries.
Communication skills contribute to a greater part of the flourishing project management career. Certified professionals are adept at organizing and conducting project meetings. They strive to limit the number of project constraints to a bare minimum. Such individuals take care of organizations’ regulatory compliances. They ensure that every department related to a project conducts audit sessions. Besides, they assist in providing project resources, and even train others in project management concepts.
Organizations recruit certified professionals to manage their projects at planning, middle management, and operational stages. They are experts in addressing the conflicting interests or needs of projects’ stakeholders. Certified individuals engage in the arduous task of stakeholder identification. They are also responsible for project governance which comprises the project life cycle. Governance includes a structure for project decision-making, role delineation, and project success accountabilities.