What is the PMP certification cost?

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You want to advance your Project Management career and want to have the several benefits of being PMP certified. Great!

But, you have a question in your mind. “What is the PMP certification cost?”

I will be describing and detailing PMP certification cost in this video.

I categorize PMP certification cost in two different aspects:

● Tangible PMP Certification Cost
● Intangible PMP Certification Cost

Cost of PMP certification training and cost of PMP certification exam fee are tangible costs.

In addition, as a professional, you will spend a significant amount of your time for PMP certification preparation. I categorize the time you will spend for your PMP study as intangible cost of PMP certification.

Let us examine each of these costs one-by-one.

1- PMP Certification Training Cost:

One of the key PMP certification requirements is attending a 35 contact hours project management training. There are three fundamental ways of attending a PMP certification training. These are classroom trainings, live classroom trainings and online self-paced PMP trainings. Your preference for the PMP training will affect the cost of PMP training and overall cost of PMP certification for you respectively.

Course fees for PMP classroom trainings vary depending on the location. I listed the starting fees of PMP classroom trainings for different locations:

● US, Canada, Australia: ~1,500 USD
● South America (Brazil, Chile etc.): ~600 USD
● China, India: ~500 USD
● European Countries (Germany, Italy, Spain etc.): ~1,200 USD
● Arabian Countries (UAE, Qatar, Saudi Arabia, Kuwait etc.): ~2,000 USD

Course fees for live classroom trainings are slightly lower than the fee of a regular classroom training. Prices of live classroom trainings are in parallel to the regular classroom training fees for each country as well.

Third and the most affordable and convenient option is online PMP training. In an online self-paced PMP training, you will have the flexibility to follow the lectures at your own pace and in any place. All you will need is an internet connected device. Prices of the online self-paced PMP trainings start from as low as $67/month.

However, the best aspect of an online PMP training is not affordable pricing. Almost every PMP certification aspirant is a working professional and try to get this certification while they are working full time in their job. In other words, they have to spare their evenings, weekends or must get days off from their jobs to attend a classroom training. Even if they can spare their time to fit their schedule to the schedule of the PMP classroom training, it will be tough to be bombarded with a five full day project management training. Therefore, online self-paced PMP training is the optimum method to attend a PMP training.

2- PMP Certification Exam Fee

After filling in your PMP application form, PMI will evaluate your application in five business days (if you applied online through PMI website).

If PMI approved your PMP certification application, you have to sit in PMP certification exam in one year after the day of approval. In order to sit for the PMP certification exam, you have to schedule your PMP exam date through Pearson VUE test centers that you will be conducted in PMI website. To do this, you have to pay your PMP exam fee first.

PMP exam fee is $405 for PMI members and $555 for the candidates who are not a PMI member. However, since PMI membership is around $140, in total, you will be paying $555 anyhow if you opt for being a PMI member as well. Moreover, you will be able to access PMI documents, including PMBOK, for free for one year during your PMI membership.

Default PMI membership fee is $129 and there is a one-time $10 membership application fee. If you are a student or retiree, you will have discounted PMI membership fees.

If you failed in your previous PMP exam attempts and re-taking the PMP exam, exam fee is $275 for PMI members and $375 for non-members.

3- Time Spent for PMP Certification Study

Time you will be spending for your PMP study will be the intangible cost of the PMP certification. Depending on your background and familiarity with the project management, time you will spend for the PMP certification study will vary.

However, considering the 35 contact hours project management training you will attend, roughly it will take two to three times more for you to study for PMP certification training. Average PMP preparation duration is 70 to 85 hours in total.

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What is the PMP certification cost? We have explored all aspects of PMP cost in this video.