Project Management is one such term which is used rigorously in client-based deliverables and is a common job profile in organizations these days especially, catering to a wide range of Clientele in various services, such as technology in various sectors and others. This designation and job role holds prime significance in enterprises who are striving to get complex and uncertain pressure from stakeholders, like government agencies where time and resources are significant. These days, even if the organizations are not catering to such clients they hunt for and employ certified and skilled Project Managers for the smooth running of their projects and on-time delivery.

Recent researches have shown that the most number of projects are failing due to un-strategized and non-streamlined project management functions, leading to huge losses in the enterprises. It is a result of failures in the proper functioning of Project Management. Successful project begets profits to the organization, hence PMs are considered as superheroes and they become the most important profile in the organization. They are treated with respect and are an extremely valuable asset for the organization.

Let’s figure out certain important aspects of Project Management:

ABC of Project Management:

In simple words- Project Management deals with the all the functions and life cycle of a project, starting from Initiating, planning, executing, monitoring and controlling to achieve the desired objective of the Project within deadlines.
PMP is one of the elite credentials that the hiring managers are looking for while hiring Project Managers making it one of the most popular credentials. Upon getting PMP certification you achieve all the benefits that this field has to offer.

Project Management-Scope of PMP in 2019–2020:

As we already know by now that Project Management field is swiftly becoming popular due to industry demand not only in this nation but across the globe, getting PMP certified is your most important step to achieve that dream. PMI offers PMP and makes a perfect future for those planning to take up Project Management as a career.
When we talk about the future or scope of a particular domain the two most important factors that must be considered are: Career Avenues and Salary or Rewards.
And for both of these factors, choosing PMP as an option, leading to Project Management can aptly suffice both the requirements.
Top 5 Steps to Get PMP Certification in 2019
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Recent Studies & Researches:

Current data by renowned sources demonstrates that 25–30% of the organizations are downsizing the human resources and headcounts, owing to growing technology options and evolution in functionalities; however, that’s not the case when it comes to Project Management job profile. There is a huge industry requirement of 16M PMP Professionals by 2020.
According to PMI, the normal yearly compensation for PMP certified Project Managers is in the US is $111,824, practically $14,000 more than the compensation of those without PMP certification.
Hence, choosing Project Management as a career option offers you immense flexibility as these skills are future-proofed and require in almost every industry and thus it would not be affected by the economic downturn or business cycle.

PMP Career Path:

To carve a successful career graph, you need to figure out whether you have interest or not and whether you have an aptitude and perfect amalgamation of technical and management skills for this kind of work. In case you are up to this challenging task; however, lack skills, you must upgrade your skills to fit in the requirements.
In case you are up to this challenging task, then you need to have the following skillsets for PMP career path. In the project management career path, initial stages begin with a simple project and over time you will be allocated with larger projects and complex assignments. So, professionals those who are consistent and exhibit promising and continuous learning and advancement potential take their careers to new levels with passing time.

Roles Hierarchy:

Beginners Roles: Project assistant, Project coordinator, Project management support
Intermedia Roles: Project manager, Implementation Manager, Project leader
Top Management Roles: Management consultant, Portfolio Manager, Head of Projects, Director of projects
PMP certified professionals have a promising and exponential growth with rewarding salaries. PMP career path enables you to undertake complex and large projects with greater responsibilities. It has a promising future and the requirement is to continue to grow in the near future.