PMP certification

Is PMP Certification Really Worth It in Malaysia?

PMP is one of the most popular certifications in the project management disciplines and its worth is recognized all over the world. In Malaysia therefore the PMP certification has a lot of relevance given today’s growing need for professional project managers in an ever-proliferating field of industries. But is it really worth the effort in Malaysia? Let’s explore.

  • High Demand for Certified Project Managers

Malaysia’s economy sectors which are today experiencing growth include construction, IT, manufacturing and infrastructure. Current government initiatives such as the 12th Malaysia Plan has led to development and hence, many companies are handling demanding projects. Employers choose to hire only PMP certified personnel this is because the certification assures an individual in planning, executing and closing a project with success in regards to scope, time and cost constraints.

  • Increased Earning Potential

Managers holding the PMP certification have better remunerations compared with their counterparts without the certification. A survey conducted by PMI indicates that even with the current increased job competition, those project managers who underwent the PMP certification exam are likely to be paid more, some even up to 20%. There is also empirical evidence to suggest that this trend is true in Malaysia, which means there could be — and probably is — a good return on the investment made in the PMP certification.

  • Global Recognition and Versatility

Taking a PMP certification is acknowledged all over the world therefore it creates opportunities not only in Malaysia but in other countries as well. It gives you insights especially if you are employed by multinational firms, or if you are planning on looking for jobs overseas. The certificate is relevant for a wide range of sectors such as construction, oil & gas, IT and health care sectors etc.

  • Career Advancement Opportunities

It is believed that the scale of knowledge and abilities that one gains as a recipient of the PMP certification is boosted by the ability to operate with frames, methodologies and samples of project management best practices. Basically, it prepares you for other senior positions including the position of project director, program manager, or even portfolio manager, which makes it have a clear career growth ladder.

Therefore, based on the importance of PMP certification in Malaysia, increasing rate of project management profession and prospect of increased salary based on certain factors, and PMP certification recognition globally, it can be said that PMP certification is beneficial in Malaysia. It is useful for working professionals who are interested in growing more in the profession especially in project management.

PMP Certification Cost in Malaysia

t is wise to note therefore that going for a PMP certification in Malaysia can be deemed as one of the best investments that one can make in his or her career, all things considered though, it is also worthy to note that as with most things in life, the process comes at some costs, which is why below is a breakdown of costs one may incur in getting this certification. PMP exam cost typically covers exam fees, preparation courses or any other material that you would require to use in the course of the exam.

For PMI members who want to take the PMP exam, they charge around USD 405 equivalent to MYR 1,900 and for the non-members USD 555 or approximately MYR 2,600. For instance, the PMI membership fee stands at USD 129 per year with an application fee of USD 10. Most candidates choose to get membership because of many financial benefits to be had by reducing examination fees as well as getting hold of important services such as examination materials and PMI worldwide contacts.

However, there are other costs you will be required to meet such as the cost of preparing for the PMP examination via a given course. These courses cost from MYR 2,000 to MYR 5,000 depending on the provider and whether it’s an online or face-to-face course. A few of the candidates also buy practice exams, books or study guides which may cost around MYR 300 – MYR 800 more.

On the whole, the full expense pertaining to PMP certification in Malaysia ranges from MYR4,000 to MYR 7,000. However, the benefits that come later on, like increased chances of employment, and the possibility of a better-paying job normally offset the costs.

FAQs About PMP Certification in Malaysia

  1. What is PMP certification?

PMP (Project Management Professional) certification is one of the renowned certification programs that are offered by the Project Management Institute (PMI). It confirms project managers’ competency and competency of other professionals in handling and guiding projects in numerous sectors.

  1. Why should I get PMP certified in Malaysia?

Gaining PMP certification is relevant in enhancing your career opportunities in the Malaysia job market. It proves your project management ability, which empowers you to qualify for other higher paying jobs, and openings for both the local and international markets.

  1. What are the eligibility requirements for PMP certification?

To be eligible for this role you should have a high school diploma or an associate’s degree and at least 5 years’ experience in project management or a 4-year degree and 3 years’ experience in project management. Further, 35 hours is needed for project management education.

  1. How do I apply for PMP certification in Malaysia?

 

There are several ways to apply for the membership, among which is through the website of the PMI. After meeting the above requirements you’ll be required to complete an application form, receive approval and then sit for your test from Pearson VUE testing centers in your desired country, in this case Malaysia.

  1. Is PMP certification recognized in Malaysia?

Indeed, PMP certification is recognized in Malaysia and specifically in the construction, IT, and engineering sectors since these projects heavily rely on the execution of project management plans. The professionals that obtain the PMP certification are in high demand or even mandated to work for many employers.

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