![]() Our CEO, Andy Crowe, wrote the book The PMP Exam – How To Pass On Your First Try, a book highly regarded as the best PMP prep book available.Īlso, on our website, we offer a plethora of courses to help you prepare for the PMP exam, either in a four-day boot camp or in the form of online courses that you can take at your own pace. However, passing your PMP exam on your first try is an extremely realistic objective with the proper training and drive.Īt Velociteach, we’ve created the best resources and materials for passing the PMP. The exam is just shy of four hours and consists of 180 complex questions making the PMP an exclusive certification on your resume. The PMP Exam is a daunting test, and only those who prepare diligently will be able to conquer it. It’s also worthwhile to earn your PMP certification sooner rather than later, as the PMI survey shows that median salary increases the longer a project manager holds their certification. Earning your Project Manager Professional CertificateĪs we saw above, a PMP certification can mean a $25,000 difference in median salary where other factors like experience and credentials are equal, and the median salary is 22% higher on average for respondents with their PMP.Īdditionally, 82% of survey respondents hold the PMP certification, showing that the PMP certification is not only a doorway to a higher median salary, but it is also necessary to stay competitive within this field. It won’t necessarily be easy, and it definitely won’t happen overnight.īut with effort and determination, being among the highest-paid project managers is an attainable goal within your grasp.įrom seeking additional education, to obtaining professional certificates, to assessing whether the city you live in is paying you enough, here are a few strategies for you to control how much you make. How to Increase Your Value As A Project ManagerĪs we mentioned, there are a few ways to take yourself from the low end of that salary range up to the top. ![]() While the low end of $95,000 doesn’t exactly seem like a particularly bad place to start, let’s discuss how you can take control of how much you’re making per year as a project manager. Other factors that help determine the median income for your position include what city and country you live in, your education, and what industry you’re working in. Within the United States, the annual median salary for a project manager is $116k, but it’s clear that this number can be vastly affected by certifications like the PMP. Among PMI survey respondents, those holding the PMP certification reported higher median salaries (22% higher on average across 42 countries) than those without a PMP certification.According to a recent study on earning power by the Project Management Institute (PMI), the average salary for a project manager in the United States without a Project Manager Professional certification (PMP) is roughly $95K, and it is $120K for a project manager with a PMP, when other credentials and years of experience are relatively equal.How would you like a $25,000 pay increase?!? Whether you’re comfortable with how much you currently make, want to know how you can make more, or are just generally interested in the earnings of project managers, we’ve compiled the data for you in this article. Health insurance packages, retirement plans, company stock, and other options are all additional benefits to consider. Keep in mind that there are multiple ways beyond salary to determine your annual compensation. Fortunately, most companies acknowledge the value of this position, and most project managers can earn a respectable amount of money every year. The role requires a high level of experience and knowledge to carry out a company’s objectives successfully. A project manager is one of the most important roles in a business developing new products, tools, and key initiatives.
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