What is PMP certification fees?

The Project Management Professional (PMP) ® is a prestigious credential for project managers. In almost all parts of the world, you will find a PMP-certified professional leading and directing projects. Unlike the other certifications that aim at a specific domain, the PMP is genuinely global.

As a certification holder, you benefit from working virtually in any industry verticals and any practices and locations.

It is neither easy nor inexpensive when it comes to the credential exam. However, you can pass it on to the first attempt with proper preparation. It is important to note that PMP cost involves much more than just the exam fee. 

Explore the multiple elements that add up to the total cost of your PMP certification and make an informed decision regarding your preparation strategy.

When performing your research, it's essential to know that the PMP certification cost is divided into two key areas – costs associated with exam preparation and expenses related to taking the exam. 

The certification process adds up to a significant amount, so plan and be prepared for what's involved.

In today's blog, you will get an overview of the costs and other factors that add to it, thus understanding what it takes to be a PMP-certified professional.

What PMP cost include?

PMP certification cost: Three main elements to consider. Pursuing your PMP certification is a fantastic investment, but it's crucial to assess the total cost before committing accurately.

I will show three different elements, so you can be prepared when you start the journey toward Project Management Professional certification.

Let’s get into detail of these three elements one by one: 

Training Cost

Follow the right path to PMP certification by meeting the eligibility criteria, including earning 35 contact hours of project management education or training.

You can earn these contact hours by taking on-site or online PMP classes offered by an Authorized Training Institution like iCert Global. The cost of training may be different for different regions and institutions.

Certification and the Resources Cost

Continue to get the information you need for your PMP certification. This includes the fees associated with the application and exam and any other costs necessary to prepare yourself for this certification.

The cost to sit for the PMP® certification exam is a $555 fee for non-members and a $405 fee for PMI members. But note that this is only one piece of the PMP® certification cost. 

Further costs are involved in pursuing your PMP® certification, including application fees, membership fees, and other expenses. Let’s review them in greater detail.

PMI Membership Cost

PMI offers a variety of membership options; most clients will benefit significantly from PMI membership. The annual membership fee, including the first-time registration fee, is $139.

Who doesn’t want to save money and become a PMP®? When it comes to the Project Management Professional (PMP) ® credential, PMI Membership unlocks many valuable benefits that can help you earn your PMP — and advance as a project professional.

Membership allows you to save up to $150 on the exam fee and offers a variety of benefits such as exclusive discounts and access to PMI’s vast network!

You can gain the required PMP® PDUs for free by watching the webinars and joining the annual online conferences exclusively available for members. Further, you get a free copy of the latest edition of PMBOK® Guide and other standards or guides published by PMI, which you need to be thorough with to pass the PMP® examination.

PMBOK® Guide Cost

PMBOK® Guide is the project management bible. It is one of the primary study materials for the Project Management Professional (PMP) ® exam. 

It would help if you considered PMBOK® Guide as a syllabus of PMP® exam. This book is required to be read by every PMP® aspirant. 

For PMP® aspirants, they are reading the PMBOK® Guide more than once while preparing for their PMP® exam is recommended. The PMBOK® Guide is an official reference book for the PMP® exam.

Reference Book

PMP® Certification - Passing the PMP® certification exam is not an easy task. A lot of practice and hard work goes to crack the exam in one go. 

The candidates need to prepare for the exam pattern thoroughly. 

Try online mock tests and access reference books both in hard copy and online. These resources contain tons of project management knowledge which is helpful while you prepare for your PMP® exam.

Include the training course in your preparation plan to help yourself with a better performance.

Mock Test

PMP mock test and practice exam is a tool that will help you prepare for your PMP® certification. These sample exams consist of challenging questions that closely resemble the type of question you are likely to encounter on the actual exam. 

The main motive behind giving a mock test is to ensure that you’re ready to take on the PMP® exam confidently.

 Check the PMP certification provided by iCert Global.

Renewal Cost

Most people are unaware that passing the PMP exam is only half the battle. Remember, you have to renew your PMP credential every three years, which requires you to earn 60 professional development units (PDUs). You need to pay $150 for your credential renewal, and the cost reduces to $60 if you are a PMI member.

Conclusion

A PMP certification doesn’t come cheap. However, if you are looking to get into project management or advance your current position, it could be worth the investment.

The PMP certification cost can be challenging to navigate, and it may vary depending on what country you are in. However, even though the expenses can be high, the benefits of getting certified can make it all worth it.

As the official and most globally recognized PMP certification provider, the PMI sets the price of its exam. Therefore, you must apply to sit for the exam through the PMI, whether you are a member or non-member.

The PMP certificate is a valuable certification that demonstrates that you have the necessary knowledge, experience, and skills to be a successful project manager.

We’ve heard that some people think that the PMP certificate is expensive and wonder if it’s even worth it. We disagree, as the PMP certification is a great way to ensure that you get paid competitively in your industry.

Businesses will be happy to have you on board and reward you handsomely in turn with it.