The acronym 'PMP' stands for Project Management Professional, a globally recognized certification offered by the Project Management Institute (PMI). PMP certification signifies that an individual has the necessary skills and experience to manage projects effectively. It emphasizes a standardized methodology and best practices in project management. Professionals with PMP certification are often seen as more credible and capable, which can lead to greater career opportunities and advancements. This certification ultimately enhances project success by promoting consistency and accountability in project execution.