How advantageous would PMP be for senior managerial jobs with NGOs, advocacy groups, think tanks, USAID, etc?

I've been applying for jobs with outfits that focus on foreign affairs (my specialty), things like: Amnesty International, Oxfam, iJet/WorldAware (international biz intelligence), contractors that fill USAID and State Dept advisory slots at their HQ (not deployed), etc.

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I'm aiming for jobs like "Director of African Operations" where I'd be the last layer below an executive and having all the field sites report to me and keep them running smooth, or "Director of Research" and run a research crew of 15 people or so, or in some cases have a less-managerial job that involves advising on specialized international topics like for a section at State Dept. So basically jobs one or two steps below an executive, not just first-tier management.

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Because I have time on my hands while sending out job apps, I'm debating cramming for the PMP exam throughout December and taking the test early-mid January. Supposedly a huge percentage of folks pass after taking the four-day Boot Camp, but I could fail the PMP three times and still spend less money then if I'd taken the classroom course. So since I do well on standardized tests I'm tempted to just use apps, read up, and do the 35hrs of study online and just give it a first shot.

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So which option?

• Forget it for now, jobs in that field won't care, and you should be using that time to keep slamming out apps, go to networking events, brush up foreign language skills and update your current-events knowledge for interviews, etc. It would be a distraction.
• Definitely do it while you have time because it could make a significant difference in making you a final candidate and in negotiating a salary. And besides if you're idle you're inefficient and you might be more diligent in your job search tasks if you have more structure.

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