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The Project Management Professional certification (PMP) is considered the industry standard for any project management professional. This certification would be achieved by clearing a challenging exam that would be testing your skills and knowledge around cost, time, and scope management. The test would be controlled by the PMI (Project Management Institute), the world’s leading project management association.
The project management profession is considered to be evolving multifold. For instance, agile methodologies weren't in common in project management as it is nowadays. For being compliant with the changing industry dynamics, PMP exam changes would be every 3 to 5 years based on the PMI leadership, which would be conducted by subject matter experts from leading organizations worldwide.
Becoming a PMP or Project Management Professional is an excellent way of taking your PM career to the next level. You would be able to take on more responsibility at higher company levels after achieving this certification. You would also most likely get an excellent salary boost from your new credential.
The certification from PMI (Project Management Institute) is considered to be of quite high value in the industry.
There would be mixed opinions about whether an entrepreneur should gain PMP certification or not.