You’ve been in the workforce for several years now, gradually making your way up the company ladder. Things are going well but maybe you’d like to fast track your career, impress your boss, or branch out on your own. Project Management training may be the answer. Even if you have experience managing projects, this training may be highly beneficial to you.
Why invest time and resources into something you already know?
Rather than thinking of this course as an expense, think of it as an investment – an investment in your professional development.
There are numerous factors to take into account when making an investment.
1. Objective
2. Risk, and
3. Return on Investment (ROI)
Whether it be to grow your money, or preserve capital in the safest way possible, when it comes to investing your money, it’s important to first define your objective for doing so. Perhaps you’re looking for a competitive advantage over other project managers. Maybe you’re looking for better job security. Or perhaps, you want to write the PMP® exam. (Did you know that PMP® credential holders earn up to 20% more than project managers without the designation?) In any case, when it comes to investing in your professional development, it’s essential to determine your objective to set yourself on the best path to success.
What about risks? We understand that any investment can be daunting, especially when there are so many options to choose from. But, there is virtually no risk involved in making an investment in professional development. You don’t need to dump thousands of dollars and years of your life into a post-secondary education, hoping the market has a use for your field. You’ve already proven your skills as a project manager. Project management training only refines your capabilities and is applicable to any project anywhere.
The final factor to consider when making an investment is return on investment. As a general rule, the higher the risk, the greater the ROI. However, unlike most financial investments, an investment into your professional development has a guaranteed ROI with virtually no risk. As Debasish Mridah writes “An investment in self-development pays the highest dividends”. Whether it helps you move up the company ladder, opens new opportunities, or provides a nice bump in salary, an investment in project management training unlocks a world of potential.