PMP certification cost is a critical aspect for PMP certification aspirants. Many PMP certification candidates consider only PMP certification cost of exam and training. However, there are other aspects of PMP certification cost. What are the different aspects of PMP certification cost? How much money should you plan for PMP certification cost? Are there any other aspects of PMP certification cost other than training and exam fee?
We will explore the PMP certification cost in detail in this post.
PMP Certification Cost: How much does it cost to get a PMP certification?
PMP Certification is a highly valuable qualification for the people who are working in the project management field. As the project management field is growing more and more popular, the people who are officially qualified as project managers are much in-demand. If you are working or planning to work in the project management field and if you don’t have a PMP certification yet, you should know the importance of obtaining this qualification. You must probably be searching for the PMP ceritification cost as well. In this blog post we will cover PMP certification cost to help you make your financial plans accordingly.
Let’s begin briefly by defining what PMP certification is: PMP is the short name for Project Management Professional. PMP certification is given by Project Management Institute (PMI) and it is the most recognized project management certification for project management professionals.
So what is the PMP certification cost? Actually the PMP Certification cost has three main elements. Two of them are pretty obvious: the cost of PMP certification training and the PMP certification exam fee. But there is also an another element that you have to be very well aware of: we can call it the ‘hidden’ PMP certification cost. This is the cost of the time you will be spending when you study for the PMP certification exam. We are going to have a look at these different elements of the PMP Certification cost more thoroughly, in the following headings.
Before being able to take the PMP Certification exam, you are required to meet certain criteria. One of the most important item in this PMP eligibility requirement list is to attend a project management course(s) at least for 35 hours. There are also other criteria you have to meet before taking PMP certification exam.
So how much is the PMP certification cost for training? Well, there is not a single answer for this quesiton. It will depend whether you are willing to take a PMP certification classroom training or an online PMP certification training. The PMP certification classroom training will also depend on which country you are located to take this project management education, it ranges from 500 USD to 2,000 USD.
There are some examples for how the cost of PMP Certification classroom training varies from one country to another:
- America, Canada, Australia: ~1500 USD
- South America (Brazil, Chile etc.): ~600 USD
- China, India: ~500 USD
- European Countries: ~1200 USD
- Arabian Countries: ~2000 USD
As you can see, we can not say there’s a fixed price for PMP Certification classroom training, thus for the PMP certification cost.
There’s also another option to take the PMP certification training: Online PMP Certification Training. Today you can find a great number of Online PMP certification training courses on the web. Most of the people are willing to get an online PMP certification training. What are the advantages of taking an online PMP certification training course? Well, firstly this is an online course, so you don’t have to be present in an actual classroom which is really advantageous for full time working professionals. Secondly, these online courses cost a lot less than regular classroom teaching, the prices vary between 200 USD and 500 USD.
For instance, Master of Project Academy's, Online PMP Certification Training costs $370 for lifetime access, $185 for one-year access and $37 for monthly subscription. Prices is not the only benefit of an online PMP certification training.
Our 35 hours online PMP certification training is a self-paced course, so rather than attending online live classes, which are pre-scheduled, you pace the course and determine when to study and when to complete. In other words, you can take the course which includes previously recorded training sessions, according to your own timing. This way, we believe that you will be more ready to take the PMP Certification exam because your information on the subject will be more fresh and more interiorized.
If you want to take a more detailed look to the differences between PMP Certification classroom training and online training you can read our blog post.
In the beginning of the article we mentioned a hidden PMP Certification cost, which is the preparation time. As most of us are busy professionals, the time we are sparing to take this project management education will cost us our precious leisure times. But you can minimize this effect with a self-paced online PMP certification training course, because you will be the only one to decide when to have a lesson or not. For instance if you are planning to take the PMP Certification exam in the next 3 or 4 months, you can spare only 5 or 6 hours a week to study to pass the exam. Of course, the duration of the training will also depend on your dedication, on your professional experiences and background in project management. So you will be able to finish the course in a shorter time than 3 or 4 months if your goal is to obtain the PMP certification earlier.
If you are preparing for PMP Certification exam, you can get more information about PMP study plan in our blog post.
PMP Certification Cost #3: Exam Fee
The third item of the PMP Certification cost is the PMP exam fee. After you are finished the 35 hours project management education, you have to take this PMP Certification exam in a prometric test center. There are some steps to take for applying to take the exam. When PMI accepts your application, you have to schedule your exam date in a nearest Prometric test center.
The PMP Certification exam fee is 555 USD for the people who are not a member of PMI and for the members it is 405 USD. If you choose to become a PMI member at the time of your application, you will just have to pay 555 USD for the exam fee and the membership fee combined. So, since applying for PMP with membership and as a non-member costs same, we recommend you to opt for application with PMI membership.
What are the advantages of PMI membership? Its duration is one year and you gain free access for downloading some important documents about project management including the PMBOK.
If you want to have further information on PMI membership you can check out their website.
PMP Certification Cost: Summary
So, PMP certification cost depends on mostly which type of course you decide to take. If you choose to get your project management education through an online course, the total PMP Certification cost will be approximately 750 USD for you, including the exam fee. Otherwise, if you will continue your preparation with a PMP certification classroom training, PMP Certification cost will be approximately 1,700 USD, again the exam fee included.
However, as we mentioned above, the PMP certification cost does not include only the fees you will pay to the training provider or exam fee to the PMI. You should take into consideration the cost of the time which you will spend when you are taking the PMP certification training. If you go for a self-paced online PMP certification course, your time management will be more effective so that you will get the most out of the training and lower the PMP certification cost as well.
See our other articles you might be interested in:
PMP Certification Requirements article will help you to understand eligibility requirements to sit for PMP exam. It will be good to know whether you fulfill the PMP eligibility requirements before you start your PMP preparation.
PMP online certification article will help you to understand advantages and disadvantages of different PMP preparation methods. You will be able to determine the best option to prepare for PMP certification after reading this article.
PMP exam questions article will help you to see sample PMP exam questions. You will see also answers and rationales for these sample PMP exam questions.
PMP certification salary article will help you to see anticipated salary hike after you get the PMP certification!
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