PMP® Certification Cost

Getting a PMP® certification does not have to be a costly affair. Learn about all the expenses involved in acquiring a PMP certification

A recent study shows that over 88 million project management-related job roles will be created by 2027. So, where does that leave an aspiring project manager? With everlasting competition in the job market, one can always stay ahead with the best of knowledge. The Project Management industry is bound to expand by $6.1 trillion, especially with project-intensive industries projecting a 37% increase. If these figures and statistics have you excited, then it’s about time that you seriously consider a PMP certification. Here we have all the expenses that you will need to worry about, from the PMP certification cost, PMP certification exam fee, to certificate renewal fee. It is always the best approach to be well-equipped with the necessary information before you start your PMP certification!

Country-Wise Breakdown of the PMP Certification Training Cost

Project Management Professionals(PMP) are currently highly in demand in the market. The PMP certification widely accepted and recognized across the globe. The certification is not limited to a certain geography. Here is a summary of the PMP certification training cost in India and other countries:

Here is a summary of the PMP certification cost in India and other countries:

Country Name Currency Average PMP Certification Training Cost
India INR 15,000 - 18,000
Australia AUD 1000 - 1800
Switzerland CHF 800 - 1200
USA USD 1500 - 3500
UK POUNDS 600 - 1500
Germany EURO 900 - 1200
Spain EURO 800 - 2500
Netherlands EURO 900 - 1200
Canada CAD 1500 - 2500

Additional Fees Related to PMP Certification

In addition to the PMP training fees applicable, there are a few other costs involved in the certification process. These include:

Cost Component (Various Cost Aspects) Cost
PMI Membership Cost $129 + $10
PMI Membership Renewal Cost $129 per year
PMP Certification Exam Fee (PMI members) $405
PMP Certification Exam Fee (Non-members) $555
PMP Exam Rescheduling Fee (PMI members) $275
PMP Exam Rescheduling Fee (Non-members) $375
Cost of Study Guides & Resources $40 to $100
Cost of Practice Tests $60 to $100
Renewal of PMP Certification (PMI Members) $60
Renewal of PMP Certification (Non-Members) $150

Conclusion

PMP certification requires both educational and professional experience as an eligibility criterion. Enroll in Invensis Learning’s PMP Certification Training Program and ace your exam with flying colors. Invensis Learning's PMP certification program covers the educational requirements and offers practice tests and learning resources for an enriching learning experience.

PMP Certification FAQs

Here are a few questions related to PMP certification.

What is the PMP Certification Training Course Objective?

After completing your PMP Exam Prep training, you will gain an in-depth understanding of:

  • How to initiate a project
  • Planning project work
  • Developing project schedules, cost estimates, and budgets
  • Planning project staffing and communication
  • Analyzing projects risks
  • Planning and managing project procurement
  • Monitoring and controlling of project work, and more

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:

  • Educational Background: Secondary degree (high school diploma, associate’s degree, or the global equivalent)
  • Project Management Experience: 7,500 hours leading and directing projects
  • Project Management Education: 35 hours of project management education
OR
  • Educational Background: Four-year degree
  • Project Management Education: 4,500 hours leading and directing projects
  • Project Management Education: 35 hours of project management education

What is the PMP exam Format?

  • Exam Type: Multiple choice
  • No Of Questions: 200 questions per paper: 175 scored, 25 unscored
  • Exam duration: 4 hours
  • Type: Closed book exam
  • Result: The passing score is determined through psychometric analysis

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, which includes the preparation and PMP Certification training.

How long is the PMP Certification 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 Qualifies as PMP Experience?

Project management experience is any work that involves planning and executing projects. This may include any work related to initial planning, time management, execution, budget allocation, risk management, etc.

Is It Difficult to get PMP Certified?

The most challenging part is clearing the eligibility criteria for the PMP Certification. And, once you have done that, half the job is done. The other half is the examination and maintain the credential. The PMP Certification training preparation aspect is taken care of by the PMI accredited REPs like Invensis Learning. A structured learning path and dedicated preparation are needed to get PMP certified.

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FAQs on PMP Certification

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.

The PMP Certification Exam cost is USD 405 for members and USD 555 for non-members.

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.

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