Eighty percent of construction companies fail within the first two years, with another 18% joining their ranks in another three years. There are various reasons that lead to a construction company going in trouble, including general economic conditions, not being competitive, heavy operating expenses, poor accounting system or even high employee turnover, but none impact a construction business as significantly as lack of project managerial expertise. The Project Management Professional (PMP) certification is for project managers with extensive experience.
Source: Construction Companies Benefit From Project Management Professionals (PMP)