The project economy is witnessing a resurgence as governments worldwide pour up to $10 trillion into projects in the post-pandemic recovering economies.1 The Project management profession is expected to grow by 33% through 2027, with India alone seeing more than 7 million new project management roles.1
But skilled project managers are not always as readily available as the jobs in the field. Certificate programs in project management can close this gap between industry demand and skills through their industry-recognised programs, paving the way for career growth.
The Increasing Demand for Project Management Skills
Project Management Institute (PMI) found that the project management profession will create millions of new positions with competitive salaries by outperforming global job growth over the next decade.Additionally, India will be home to the second-largest number of project management-oriented jobs globally (22 million), trailing behind only China (46 million). These jobs will straddle industries as diverse as manufacturing and construction, information services, finance and insurance, and many more across 11 countries, as per reports.
With the increasing demand for project management also comes the need for skilled project management professionals. There is a high demand for professionals with an ideal mix of strategic business management, leadership, and technical project management competencies. And as a growing sector, there is an urgent need for future project management practitioners to upskill and fill these roles.
Hundreds of billions of economic output could be lost without such upskilling. Moreover, the GDP at risk because of the project management talent shortage is estimated to be around the US $208 billion, according to the PMI report. Certification programs in project management are stepping up to fill in the skills vacuum to equip project management practitioners with relevant skills.
How a Certification Helps Build Relevant Skills
Project management certification equips you with diverse project management skills and abilities, qualifying you for endless opportunities.
The certification will:
Sharpen Your communication skills
Improve your problem-solving and decision-making skills
Helps you understand different forms of conflict management, making it easier for you to resolve conflict in various situations.
Trains you to tackle complex huge projects with ease
Trains practitioners to accurately determine a project's requirements, assess the available resources, and make the best use of those resources to plan and deliver quality results.
Helps complete projects on time within the desired budget.
The job of a project manager is filled with hurdles, however, with the right guidance and training, one can boost the management skills and take the career to the next level.
Project Management Certification Provides Recognition
A project management certification is valid and highly acclaimed because it is difficult to obtain. One needs to meet certain requirements to apply for a project management certificate. Hence, if you have a valid certification in hand, recruiters are ought to believe in your excellence.
To know more: https://executive.timespro.com/course/operations-and-supply-chain/iim-nagpur-certificate-programme-in-project-management/