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You’ve Got Your PMP…Now What?

Start Your Consultant Firm

Project-Management-e1425429059760There are many things the modern Project Management Professional (PMP) in Denver must consider when looking for to start their own Consultant Firm. Some concerns are universal such as, are you willing to relocate for a job, are you going to make enough money, what are the best companies to work for and do the benefits suit your needs. The bright side is that with your PMP certification already under your belt your training, education, and experience are already the excellent source of evidence that you are competent and knowledgeable in your field of project management.

If you have already taken the exam to get your PMP then you know that it takes both an education (normally a bachelor’s degree) and a great many hours of on the job experience (~3 years). The PMP certification is recognized internationally and is a great step toward getting you noticed in an ever-changing and increasingly competitive job market. This certification can definitely help you land some of the best PMP jobs available. Jobs for people that hold these certifications are increasing every year, as is the salary of the individuals that hold these certifications.

There are, however, a few drawbacks to the PMP certification. One small drawback is the cost associated with the exam. Taking the exam can cost upwards of $500 and you do not get your money back, whether you pass or fail. Also, an added cost is the renewal of your certification which is somewhere in the neighborhood of $120 per year.

PMP exam preparation can also prove to be very time-consuming, but all of your hours spent on project management needs to be documented in a very precise detail. Many of those hours will go into creating detailed spreadsheets of exactly what you were accomplishing with your project management experience. You will have to take your study time into account. Many more hours will be spent pouring over books and study guides in order to be thoroughly prepared for the exam (you do not want to take it, fail, and be out $500 after all).

All things considered, I believe that a PMP certification’s pros outweigh the cons. The cost, while not small, isn’t prohibitively high, and while time while be consumed with study and preparation, it is not something most project managers are not used to doing anyway. There are great, high paying, fun jobs to be had in the field of project management and you will always have a leg up on the competition with a PMP certification