Government, commercial and other organizations employ PMP certified project managers in an attempt to improve the success rate of software development projects by applying a standardized and evolving set of project management principles as contained in PMI's PMBOK Guide.
Professionals obtain the credential to verify their proficiency in project management with an internationally accepted certificate. It has proven especially helpful for project managers trying to find jobs or self-employed project managers selling their services to customers.
Many contractors hire certified PMPs to make their bids and proposals more attractive to prospects. Sometimes, IFBs or RFPs require that project managers must be certified PMPs.
In December 2005, the PMP credential was tied for fourth place in CertCities.comâ€™s 10 Hottest Certifications for 2006, and in December 2008, it was number 7 of ZDNetâ€™s 10 best IT certifications.