Out of curiosity, I wanted to find how many PMP certified professionals are 
there....and below are my findings and resulting deductions...

In 2013, there were a total of more than 540,000 PMPs, worldwide and across 
industries.

More than 48000 PMPs were certified in 2013...thats more than 4000 every 
month!

So with such large number of PMPs out there, does it mean the PMP 
certification is losing its value?

On the contrary, I believe the PMP is fast becoming...to quote Herzberg's 
2-factor theory...a hygiene factor.

Organizations prefer you to be PMP certified, because it gives them a 
reassurance that you have a solid grounding in the principals of project 
management, in addition to actually having managed projects.

By not having a PMP...you can try to convince the organization of your 
project management skills and knowledge.

So the answer is....yes, if you are a PM or a functional manager wanting to 
learn more about project management, a PMP is a necessity.....a hygiene 
factor.

Thanks and Regards,
Sidd
Check out my latest PMP apps for Android devices:
1. PMP Flashcards 
Advanced<https://play.google.com/store/apps/details?id=sidd.PMPflashcardsAdv>
2. PMP Flashcards 
Basic<https://play.google.com/store/apps/details?id=sidd.PMPflashcards&hl=en>

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