Are PMI-ACP credentialed project managers really the highest paid?
According to a study by Edureka and Global Knowledge, PMs with the PMI-ACP are making on average $123,000 USD which is about 15% higher than those with a PMP and 28% higher than those without any PM certifications.
Of course, the sample size is pretty small if you look at how many people responded to the Global Knowledge survey, you'll notice that the respondents were quite small in comparison with the overall respondents:
In addition, the Edureka (what a funny name) is a provider of PMI-ACP preparation courses, so both these studies violate all the criteria for good surveying such as proper sample size and in Edureka’s case, no real evidence to back their claims.
In my completely anecdotal experience, I have seen practically no adoption of the PMI-ACP cert in any organizations in the So California area and Los Angeles in particular. Most organization don’t know what it is and really don’t care.
This indicates to me that there’s still a lot of PM certification mania being bandied about by certification providers and people probably getting duped into thinking getting one will land them their dream PM job.
I took the exam and found it to be a good way to review a broad overview of Agile tools, techniques and practices and to see which areas I may need to learn about more. The credential validates that I did some study and have some discrete multiple choice based knowledge of Agile and if that’s how you approach this, then I think you have the right expectations.
But if you think it will get you that awesome job as Agile PM guru or that it will increase you pay by up to 30%, then I think you need a reality check! As they say, “Caveat Emptor” or buyer beware!
Posted on: October 20, 2014 12:25 PM | Permalink
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Interesting, thanks for sharing.
Is this true? Do you have similar statistics for Latin america / Brazil?
Good to know for future certifications.
Thanks for sharing
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