Certified project managers earn 60% more —PMI Survey
03 December 2023 |
3:18 am
The Project Management Institute (PMI) Salary Survey has revealed that certified project managers in Nigeria earned 60 per cent more than their non-certified counterparts,
PMI Survey
The Project Management Institute (PMI) Salary Survey has revealed that certified project managers in Nigeria earned 60 per cent more than their non-certified counterparts,
PMI, this week, released the 13th edition of its Earning Power: Project Management Salary Survey. The results showed that survey respondents with Project Management Professional (PMP) certification earn higher median salaries than those without PMP certification, which is 33 per cent higher on average across the 21 countries surveyed. PMP certified project professionals in Nigeria demonstrated an even greater lift, reporting an increase of 60 per cent in median salary than their non-certified peers.
The Managing Director, PMI, Sub-Saharan Africa, George Asamani, said: “Project management is a fulfilling career and with the right certification, rewarding too. The PMP certification holds the potential to boost earning power, making it a must-have for professionals.
About two-thirds of the survey participants reported that their total compensation (including salary, bonus, and other cash incentives) increased over the 12 months before completing the survey. The data also showed a broad consensus that the PMP certification is valuable not only for salary growth, but also for career development.
The survey data showed that the median salary of project professionals varies considerably from country to country and across variables. In Nigeria, it is $23,370 among project professionals.
This latest edition of the biennial publication draws insights from over 20,000 respondents in 21 countries, 78 per cent of whom hold the PMP certification.
Survey results revealed that consensus among respondents from Nigeria that the PMP certification is valuable to their careers is particularly strong.
This report is a useful resource for professionals applying for project management roles and organisations seeking to fill them, as it helps define the earning power of project professionals around the world.
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