Is a PMP worth it in terms of earning potential?

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At a firm like a B4 I don’t think it matters much at all. If you are either independent or lacking those kinds of resume credentials, then I think it can boost your resumé.

Worth it is a relative term though, for someone with solid PM experience, it probably only takes maybe 40 hours if study and many firms will pay the cost, so if the measuring stick is 40 hours, probably so for some people.

I wouldn’t expect it to be a game changer though, it certainly wasn’t in my experience. The biggest legitimate reason I saw people get PMPs was when they had a client PMP telling them they knew project management better than our people because of their PMP. So they got PMP certified solely to stop this person’s BS.

If you are an experienced PM, you’ll recognize that any project managed “by the book” using full PMP practices would drown in bureaucracy and fail. It has some useful principles/ideas, but even on large consulting engagements, full on PMP project management overhead would grind it to a halt.

PMP came out of projects to build aircraft carriers and things of that sort. Almost no consulting project ever requires (or could survive) that level of coordination and oversight.

And please, please, if you get your PMP, do not add it to your email signature or LinkedIn name/title.

likesmarthelpful

I agree 100% with the last paragraph

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Might be in minority but I think PMP is a meaningless certification. My group actually no longer accepts it as a certification required to go to Manager or higher.
It is the easy option where you could do a week of rote learning and qualify instead of a AWS or Cloudera certification for example.
In my opinion, by the book PM doesn't work, and the credential I don't think helps at B4 at least.

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Yes. Others will say no. My career and earning potential significantly improved because of it.

I guess I’m “others”...mostly valued by govt clients, not so much by others. Only clients who’ve asked me about it are other PMPs (who aren’t economic buyers).

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Depends on the work you do.

For most people trying to do 'interesting' value-add work, it will harm your personal brand and likely have a negative impact. Youll never see someone in strategy or data science with one.

Might be useful if youre already in low-margin staff aug or ops work.

It gets you a first impression, that is all.

PMP or Project Management has very little to say in consulting. If you're by the book PM, you will be hated from staff through partners. Cost always overruns, Scope is oft changing, Time is always short. Folks want you to say yes all the time, no one wants to hear cutting down on scope or increasing time/ budget.

Besides PMP doesn't necessarily define a good manager. You can be one without a PMP. Also PMP doesn't guarantee a big check. If you're solely a project manager in consulting, I think you'd be valued less.

It's simply a check box. Don't kill yourself to get it and don't toot your horn once you get it!

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