As everyone knows, PMP certification is the gold standard certification for project management. However, acquiring one is difficult, including specialized formal training and rigorous hours of practical experience to pass a certification exam. It takes a lot of time, and this process also helps validate your project management skills. In addition, it ensures that you have the knowledge of the highest standard that makes you apt for the role of a Project Manager.
In becoming a Certified PMP professional, PMI plays a huge role. As all know, PMI is the accredited governing body for PMP certification. It offers many benefits to all project managers, and PMI membership is one among them. PMI offers many membership options to aspiring project management professionals. And they must be aware of it. So, for today, let us talk about PMI membership and its fees.
The Project Management Institute (PMI) is the world's leading project management organization, with over 500,000 global members and more than 300 local chapters worldwide. PMI membership demonstrates your commitment to your project management career and professional development.
PMI states, "Membership is part of the world's leading community of project, program, and portfolio professionals."
Benefits of PMI membership is that it gives your career an edge that highlights your dedication to employers, colleagues, and the community. In addition, it provides access to knowledge, networks, and resources that help you improve and advance.
Project Management Institute (PMI) offers four types of membership options
Any individual can take up this type of membership. Any professional can join the PMI community by paying the applicable fee. It is beneficial for industry professionals. The practitioners who want to enhance their project management knowledge and skills and implement the acquired knowledge in their projects can take up this membership option.
The cheapest form of membership.
You can only take up a student membership if enrolled in a full-time undergraduate or degree program. However, it helps those students or learners who are willing to become aspiring project managers in the future. As mentioned above, the PMI membership cost is the lowest among the different types of membership available.
Retire membership applies to those professionals who have renounced active careers in project management and have taken the retiree status. In addition, it is useful for those who want to remain part of the PMI community but has no interest in pursuing project management in their future career.
This membership is available only to organizations or universities. The enterprises that want to take up this membership must have a group of 15 or more people interested in joining PMI and then can pay the PMI membership fees. If you are already part of such a group, you can directly contact PMI and get the membership.
The below table includes the PMI membership renewal fee along with membership fee for the mentioned types of PMI membership.
|Membership Type||Membership Fee
Answering this question is pretty much easy. The simple answer is: Yes, of course, joining PMI as a member is worth it.
Reduction in the PMP Exam Fee
The first and foremost benefit of being a PMI member is that it helps you to save money. PMI offers a discount to its members for applying to the PMP certification exam.
The regular PMP certification fee is $555, but for PMI members, the fee reduces to $405. Although this is a direct saving of $150, it is not. You will have to shell out $139 for individual membership, but you can still save $11.
Your savings can multiply if you attempt more than one certification exam within a year because you will get a discount on all your exam applications. The discount is also applicable on re-examinations in the unfortunate event of failing in the first attempt.
The PMI membership gives many benefits, such as
As mentioned earlier, PMI membership is an "add-on" advantage if you are an aspiring project manager. You are benefited in most of the ways:
As a PMI member, one can easily save up to 20% on PMI publications available in the PMI store. In addition, all the resources related to PMI's exams and PMI's online self-learning courses covering project management can be used for free. Also, you can download the latest version of the PMOBOK free of charge.
One can also download many other relevant standards and frameworks for free. For Example, some of the Standard for Program Management, Practice Standard for Scheduling, Practice Standard for Project Risk Management, and many others.
Every PMI member is entitled to receive free copies of the PM Network and PMI Today Magazines published by the PMI every month. They can either be delivered to your doorstep or in your email free of charge.
These copies provide you with the latest updates in the project management stream and within the PMI and its local chapters. In addition, interviews, in-depth articles, and case studies will help you increase your knowledge and skills.
Once you become a PMI member, you will have a chance to understand PMI local chapters. In addition, project managers, professionals, and other experts can use this platform to enhance their professional network.
The PMI has a large library of free webinars that you can watch to earn an unlimited number of PDUs. Anyone with an active PMI membership can access projectmanagement.com and watch the webinars to stay updated on the latest developments.
However, if you are PMP certified, you can watch these webinars while earning PDUs. These PDUs will be automatically reported to PMI, and you can renew your PMP credential for another three years for free with them. Their website categorizes PDUs for PMP, PMI-RMP, and PMI-SP, among others. This makes earning PDUs for all of your PMI credentials easier.
After you become a PMI member, you have to renew it regularly. Therefore, you will be paying the annual renewal fee. However, The annual renewal fee is $119 for PMI members. If at all your PMI membership gets expired and if you want to rejoin PMI again, then you will considered as a new member. You will also have to pay a $129 membership fee plus a $10 joining fee.
No, PMI membership is not mandatory to take PMP exam. You can apply for the PMP exam without being a member of the PMI. There is no problem with that. However, I strongly advise you to join PMI before applying for the exam because it will save you money. As previously stated, one can save up to 11 USD. As a result, if you join the PMI and then apply for the PMP exam, you will pay USD 405.
As a result, I recommend that you join PMI before applying for the PMP exam. Another benefit of a PMI membership is free access to a digital copy of the PMBOK Guide. So, it is an additional savings of 59.62 USD.
Obtaining a PMI membership provides certain benefits that will assist you in navigating your PMP journey with ease. In addition, your PMI membership at the local PMI Chapter allows you to expand your network by attending the chapter's various events. These events allow you to attend various sessions, including informal meet-ups. Furthermore, you can work with like-minded people to create and share consumable tools, content, and resources.
Areas of Study
Exam Format & Cost
The PMP Certification fees for PMI Members is USD 405 and for non-members is USD 555.
Who Should Attend?
Job roles that can benefit from PMP Exam Prep Course include, but are not limited to:
Authorized Training Partner
Invensis Learning has been reviewed and approved by the PMI Authorized Training Partner Program to provide 4-day instructed led PMP Certification Training.
What are the modes of training provided by Invensis Learning?
Invensis Learning provides 5 different modes of training in the form of:
How do I enroll for training?
You can enroll for training by following below mentioned points:
Can I opt for a customized schedule other than what is mentioned on the website?
Yes, you can opt for a customized schedule which is not there on the website. But getting custom schedules will depend on few criteria mentioned below:
How much discount will I get if I enrol for training?
What is the certification that I will get after completing my training?
What will be included in my training?
Once you enroll for training from Invensis Learning, you will receive:
What is the refund amount I will get if I cancel my enrolment?
Will the training be delivered in a native language if a participant choses to?
If I want to know more about a course, whom should I connect with?
For how long does the PMP certification stay valid?
The PMP Certification is valid for three years, starting from the day the candidate clears the exam. In this period, the candidate must earn 60 PDUs to maintain the PMP credential after the completion of 3 years.
What is the cost of the PMP Exam?
The PMP Certification Exam cost is USD 405 for members and USD 555 for non-members.
What qualifies as PMP experience?
The project management experience is any work that is spent planning and executing projects. This may include any work related to initial planning, time management, execution, budget allocation, risk management, etc.
Who should take up the PMP exam prep course?
Job roles that can benefit from the PMP Exam Prep Course include, but are not limited to:
What is the PMP certification training course objective?
After completing your PMP Exam Prep training, you will gain an in-depth understanding of:
What are the prerequisites to take the PMP exam?
There are a set of minimum requirements to be met for PMP certification. The prerequisites to take the PMP certification exam are:
What is the PMP exam format?
Result: The passing score is determined through psychometric analysis
Is it difficult to get PMP certified?
The most challenging part is clearing the eligibility criteria for the PMP Certification. Once you have done that, half the job is done. The other half is the examination and maintaining the credential. A structured learning path and dedicated preparation are needed to get PMP certified.
How long does it take to get PMP certified?
After clearing the necessary eligibility requirements for the PMP Certification, including the 35 hours of training/learning, the application process can be started. Where the audit will take place, and a candidate has to pay the exam fee. This could take anywhere between 5 days to 3 months. In short, getting a PMP certification can take up to 8-10 weeks, including the preparation and PMP Certification training.
Can I get PMP certified without experience?
The eligibility criteria clearly state that a candidate must have project management experience. So, unfortunately, a candidate cannot get a PMP Certification without experience. But a little relaxation in qualifications is overwhelming. A high school diploma holder can also appear for the certification after completing the other eligibility requirements.
Does PMBOK® Guide - 7th edition play a role in the PMP certification training?
The most important thing to consider with the PMBOK® Guide - 7th edition is that it does not make any impact on the PMP Exam Prep Training material. The training material is solely based to cater the PMP exam content outline which was reconstructed in January 2021, and covers the new domains i.e people, processes, and business environment along with the tasks and enablers in respective domains.