What Is The Fees To Apply For The PMP Examination?

Project Management Professional (PMP®) is one of the most lucrative certification endorsed by the Project Management Institute (PMI®). Organizations across the globe are looking for project management practitioners who are not only skilled and experienced but also hold relevant certifications. There are ocean-like opportunities for certified PMP professionals in project-intensive industries such as manufacturing, Information Services, Business Services, Finance and Insurance, etc.

Cost is one of the crucial aspects of PMP. But it is worth getting PMP Certified.

The project management profession is expected to grow by US$6.61 trillion.

In the countries like Australia, Brazil, Canada, China, Germany, India, Japan, Saudi Arabia, United Arab Emirates and the United Kingdom, project management roles are expected to grow by 13.4 million through 2020.

There are many aspects on which the cost of PMP certification depends.

• PMI Membership
• PMP Examination Fee
• 35 hours of PMP Training
• Study Materials and Exam Simulators
• Re-scheduling fee
• Re-examination fee

The fees to apply for PMP certification depends on the status of PMI membership.

PMI Membership

PMI is worlds leading project management organization. The PMI serves more than 2.9 million professionals including over 500,000 members in 208 countries and territories around the world, with 300 chapters and 10,000 volunteers serving local members in over 80 countries.

There are three types of PMI membership:

• Individual Membership
• Student Membership
• Retiree membership
• Group membership

Though it is not mandatory to take PMI membership for PMP certification but it is recommended to take PMI membership for a discount on exam fee, opportunity to join local PMI chapter, free access to PMBOK guide etc.

Annual membership fee: $129

One time application fee for PMP: $10

Connect with over 1 million global project management peers and experts through live events, learning seminars and online community. Build a network of peers that you can rely on for guidance, support and idea-sharing. Converse with peers locally, in other countries, in and outside your industry that shares the same core passion for project management.

You can also access to PMI Publications, global standards, tools and templates, member-only webinars, virtual events etc.

The PMP examination fee:

Though total PMP application is not much affected by PMI membership.

The PDF version of the latest PMBOK® Guide is part of the PMP exam fee. So, if you are a PMI member, the pdf version of the book comes as free.

This book can be purchased as a printed copy (hard copy) from PMI at the rate of $49.50 for members and $99 for non-members.

It is also available in Amazon in different versions like a hardbound book or pdf or kindle. It is important to note that the PMBOK book is very much required but it serves as one of the reference materials.

As mentioned in PMP-Handbook,

The cost of PMP certification according to exam administration type and PMI membership is as follows:

What is the cost of 35 hours of PMP Training?

Every PMP aspirants need to take 35 hours of PMP training to meet the eligibility criteria. The cost of 35 hours of PMP training varies from country to country and mode of training.

iCert Global conducts 4-days PMP®️training program based on the Project Management Institute’s “A Guide to the Project Management Body of Knowledge” (PMBOK® Guide  6th Edition). Professionals will train you about the project lifecycle, process groups, knowledge areas and equip you with the functional knowledge and business insights to lead and manage projects effectively.

The cost iCert Global offers for PMP training across different countries are mentioned in the below table: 

(Note: Cost may vary according to time)

What is the cost of PMP Study Material and Exam Simulators?

As stated before PMBOK® guide is only the principal source. It is not the only source, so try to get study materials that you can access with regard to project management. Try to read as many as possible – the depth matters. With tons of information in the internet, you can make the most of the opportunity to your personal growth and benefit. The other study materials might cost you around $35-$65.

Exam simulators are practice test papers to check the extent of your preparation. You will get to know the stronger and weaker areas to concentrate on. The cost of exam simulators will range from $140 to $300

How much does the re-scheduling of PMP exam costs?

You can re-schedule your PMP exam two days before the scheduled date by paying the cancellation fee applied according to 30 days policy and 2 days policy.

If you reschedule or cancel your exam before 30 days of the exam appointment you will be charged $70

If you fail to reschedule or cancel your exam appointment before 2 calendar days you will forfeit the exam entire fee.

The following example gives you a clear picture of 30 days and 2 days policy:

What is the cost of Re-Examination of PMP if you could not clear PMP exam in first attempt?

You can take up re-examination for the remaining attempts by paying the following fee:

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What Is The Average Salary Of A PMP (Project Management Professional) Certified Project Manager Worldwide?

Is It Worth Getting a PMP (Project Management Professional) Certification?

How should I Re-apply for PMP (Project Management Professional) Examination?

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The Step By Step Procedure To Fill The Application Form

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