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Project Management Professional (PMP) is an internationally recognized[citation needed] professional designation offered by the Project Management Institute (PMI). There are currently 773,840 active PMP certified individuals and 286 chartered chapters across 210 countries and territories worldwide. The exam is based on the PMI Project Management Body of Knowledge (PMBOK), and the prerequisites are:
Secondary degree (high school diploma, associate’s degree or the global equivalent)
7,500 hours leading and directing projects
35 hours of project management education
OR
Four-year degree
4,500 hours leading and directing projects
35 hours of project management education
A candidate who passes the exam and meets the professional requirements is awarded the PMP certification.
The PMP exam is based on the PMP Examination Specification, which describes tasks out of five performance domains:
Initiating the project (13%)
Planning the project (24%)
Executing the project (31%)
Monitoring and controlling the project (25%)
Closing the project (7%)
The exam consists of 200 multiple choice questions written against the PMBOK specification and the PMP Code of Ethics. The exam is closed book; no reference materials are allowed. Twenty-five of the 200 questions on the exam are "sample" questions used to fine-tune the degree of difficulty and precision of the exam and as such are not counted for or against a test taker. These questions are placed randomly throughout the exam. The test taker is only graded on their proficiency on 175 questions. The numbers in parentheses describe the percentage of questions for each domain.
Government, commercial and other organizations employ PMP certified project managers in an attempt to improve the success rate of projects in all areas of knowledge, by applying a standardized and evolving set of project management principles as contained in PMI's PMBOK Guide.
In December 2005, the PMP credential was number 7 of ZDNet’s 10 best IT certifications. In 2012 the PMP credential was ranked as a top certification by CIO. In 2015, the PMP credential was ranked as the #4 certification by Global Knowledge, behind 3 Security certifications
The global network of Prometric testing centers provides the PMP exam as a computer-based test. They also offer a paper-based option for locations with no nearby Prometric testing centers. The exam consists of 200 questions ("items"). 25 are pre-release items, which are not included in exam scoring. Prometric calculates the score based on the other 175 items. Each multiple-choice item has one correct answer and three incorrect answers.
Candidates who take the computer-based test receive their results (passed or not passed) immediately upon completion. PMI also evaluates proficiency levels in each project management process group in 4 levels. Above Target, Target, Below Target, and Needs Improvement. Examiners provide these results to the candidate on a score report after the examination. Candidates who take paper-based tests receive their test results and score reports typically within 4 weeks.
Research shows that the most difficult Knowledge areas of the PMP® exam are Quality Management, Integration Management, and Time Management.
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