PMP is a globally recognized project management certification that identifies qualified and quality project managers. The PMP certification validates that project managers have the necessary skills to complete projects on time and within budget. The exam covers the entire project life cycle from initiation and planning through execution, acceptance, support and closure. Project managers are in high demand in the IT industry and are one of the higher paying sectors within IT. The exam covers pre-project set-up/initiating; project planning; project execution and delivery; change, control and communication; project closure. Unlike some project management certifications, PMP can be earned in a reasonable period of time and cost-effectively. There are no prerequisites, and candidates are not required to submit an application or complete additional hours of continuing education. Candidate job roles include project manager, business analyst and project team member.