Project Management Professional (PMP)® certification is a global credential offered by Project Management Institute, Inc. It helps project managers to adapt efficient project management practices based on globally accepted standards. The project management framework and book of knowledge can help project managers to develop competencies to effectively plan a project, execute the defined activities as per the plan, timely monitoring, proactively controlling and an appropriate closure of the project or phase, which helps the project team to collect and retain project learnings and related assets of the organization which can be used in a similar project in future.