PMP Certification Fees

10-Nov-2020

Project Management Professional (PMP) certification is an industry recognized credential for project managers. PMP demonstrates the experience, education, skill and competency required to lead and direct projects. PMP is the most sought after certification administered by the Project Management Institute (PMI), USA. Project Management Professionals are imperative in every industry. The demand is in terms of the skill requirements which vary between different industries and geographies. As per 2014 survey report by PMI, there will be huge opportunities for practitioners of Project Management. As companies recruit people from various cultural backgrounds, the need for project managers with a standardized set of skills increases. These project managers would be expected to undertake projects on system reorganizations, turn strategic vision into tangible goals, and ensure effective and agreed outcomes, while balancing various project constraints.

Are you looking to start a career as a project manager? Please take a look on Complete Guide to becoming a PMP Certified Professional.

It is a designation given by the Project Management Institute (PMI) to professionals who meet certain education and experience criteria. There are a number of requirements that professionals must meet before they can apply for certification. Once an application has been accepted and approved, the individual must pass a lengthy and comprehensive exam to become a certified associate in project management. While this type of certification is not mandatory for most occupations and company positions, it is a widely recognized designation that improves credibility and bolsters any resume. The certification was created to establish a standard of project management spanning different industries and locations.

Obtaining a PMP certificate is one of several ways a professional can prove their ability and dedication to their profession to a potential or current employer. Individuals who have completed the application and exam process are expected to be intimately familiar with common concepts, challenges and vocabulary of project management. Many project management skills translate seamlessly between industries, so certified professionals are expected to be prepared for a wide range of scenarios and outcomes. Certificate holders are also expected to have a wealth of personal experience in project management.

PMP Certification Fee

The charges are all documented in the PMP Handbook and are laid out in the table above, which is taken from the Handbook.

The fees will remain the same regardless of whether you choose to go to a test center to take the exam or choose to take a paper based exam. There is also a really big discount for being a member, greater than the entire cost of the membership itself. Also included with that will be the PMBOK guide book for a price of zero – completely free!

We realize that the cost of the PMP exam may be prohibitively high for many. In fact, it probably is at that. But we don’t think that is a good enough reason to let go of your dream of becoming a PMP certified professional who manages projects with a great deal of panache and competence. We urge you to consider what the returns of your investment into the PMP certification exam will be. Project managers receive much higher salaries than other job roles across the pay scale spectrum.

Training Course

One basic requirement of being able to take the PMP exam is that one must have 35 contact hours of formal training. One must be able to provide evidence of that before being able to apply for taking the exam. In the eventuality that you don’t possess formal training that you can show to fulfill this requirement you will have to take a training course.

A refresher training course for PMP is a cost-effective way to ensure that your other fees, like the exam fee, don’t go to waste because you’ll increase your chances of passing the exam on your first attempt.

There are several options for PMP certification training courses including these.

• Online self-directed learning - This is the best and the most popular way students prepare for the PMP certification. It is very simple and convenient, as students can prepare from the comfort of their homes and don’t have to carry heavy school bags to coaching classes anywhere. It is cost-effective as the learners don’t have to pay extremely large fees to schools or colleges for their infrastructure, numerous teachers, and many other services that they don’t really require, and it wraps itself around your existing work and family commitments.
• Podcasts - They are quite similar to online self-directed learning with the added advantage that you can download all the podcasts directly to your phone or tablet so that you possess them with you at all times, even if you don’t have access to an internet connection. We think that it makes learning much more convenient because you carry all the lessons on your phone.

PMP Study Guides

These are various PMP exam prep books available from Amazon. As the PMBOK® Guide can be dry and difficult to follow in places, it is highly recommended that you get a study guide book as well.

They will provide a deeper knowledge about the material you learn in the training course and will be useful as additional reference materials. As you go through your chosen PMP prep book, you’ll see that it includes information that is almost identical to what’s in the PMBOK® Guide, but in a much more approachable way. Some good prep books will also provide guidance on the actual examination and the expectations one can hold with the exam on the actual day of the exam. They also contain sample questions.

Here are some of the recommended books that we find students have the most success with.

• Rita Mulcahy: PMP Exam Prep
• Andy Crowe: How to pass on your first try
• Diane Altwies: Achieve PMP Exam Success

Careerera is very helpful in helping professionals to improve their job profile and resumes by providing the means to them to upskill themselves. Careerera has tieups and partnerships with many of the top MNCs and organizations around the world who give preference to candidates during placement screenings and in many cases hire them directly after the completion of their PMP Certification courses. The trainers appointed for Careerera’s courses possess a very high level of expertise in their subjects and fields. Careerera provides the online live virtual classroom training model in order to make it easier for working professionals to attend the sessions on one hand while balancing their work on the other. Careerera’s instructors will also make sure that all the learners are kept up to date with the latest and most current industry trends in the field of Project Management. We also provide extensive Github project portfolio guidance in the form of project testing, project feedback, and project upgradation paths and support.

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