The Project Management Professional(PMP) credential is the world's most prestigious project management certification. The PMP now includes predictive, agile, and hybrid approaches, demonstrating project leadership experience and expertise in any mode of operation.
The PMP certification cost ranges from INR 22,763 to INR 3,79,397 depending on the country that one has registered. In India, the PMP certification cost for registered PMI Members is INR 23,459 and for Non-PMI Members, it costs INR 42,863. And, the PMP Exam Application Fee costs a candidate INR 9,963 in India.
The Training and Preparation Cost for PMP course Certification ranges between INR 8,000 to INR 18,000. The maximum number of attempts to appear for the PMP Certification exam is three and in case a candidate fails, and wants to apply for the PMP Certification Re-examination then it will cost INR 15,929 for members and INR 28,961 for non-members.
The PMP Certification boosts the careers of Project Managers across industries and assists organizations in finding the talent they require to work smarter and perform better. Some of the top job designations that one can get post-completion of PMP Certification are Project Managers, IT Directors, Vice Presidents in Information Technology, etc.
Table of Content
3.2 Training and Preparation Cost
3.3 Re-examination Fee for PMP certification
3.4 PMP Certification Renewal Fee
4.1 Skills Gained
What is a PMP Certification?
- The Project Management Institute (PMI) awards Project Management Professional Certification, also known as PMP certification, to professionals who meet certain education and experience requirements.
- People who want to take the exam to become certified must meet one of two strict prerequisites.
- Applicants must have at least 7,500 hours of project management experience plus 35 hours of related education, or a relevant four-year degree plus 4,500 hours of project management experience and 35 hours of project management training.
- The Project Management Institute has thousands of members from all over the world, and their Project Management Professional Certification is a globally recognized designation.
PMP Certifications Cost
- The PMP certification cost to earn 35 PDUs varies by country, ranging from INR 22,763 to INR 3,79,397.
- PMP exam fees for computer-based testing (CBT) are: INR 30,731 for PMI members and Non-PMI members pay INR 42,113.
- Re-examination Fee Schedule: INR 20,866 for PMI members and Non-PMI members pay INR 28,454.
- To become a PMI member, a person must pay a PMP fee of INR 42,113 at the time of application, which covers both the examination and the membership fees.
- Interestingly, even if a person does not wish to join PMI, he or she must still pay the same PMP exam fee.
- As a result, we recommend that you apply for PMI membership in order to pay your PMP course fee.
How Much Does PMP Certification Cost In India?
The exam fee, training fee, study material expenses, and practice test simulator cost are the major components of PMP certification cost. The Project Management Institute (PMI) charges a fee for the PMP exam, which is standard around the world. Other than the exam fee, the costs vary by country.
The PMP exam fee and training costs are the most expensive components of obtaining the PMP credential. The exam fee in India is INR 42,863, and the training fee ranges from INR 8,000 to INR 18,000.
In the following sections, we have provided more details about the PMP Certification Cost like application fee, training cost, re-examination fee, renewal fee, etc.
PMP Exam Application Fee
- The PMP exam can only be taken after registering on the PMI website and paying the application fee.
- You can apply for the exam after becoming a PMI member, or you can apply for the exam without becoming a PMI member first.
- You must pay a membership fee and a joining PMP Exam fee of INR 9,963 and a PMP Exam fee of INR 772 to become a member.
- It is advantageous to become a PMI member because PMI members receive a discount on exam application fees.
- The non-member examination fee is INR 42,863, but it is reduced to INR 23,459 for members.
Training and Preparation Cost
- To obtain PMP certification, the candidate must complete 35 hours of training, according to PMI.
- As a result, the first component of the PMP cost is the PMP Training cost.
- The cost of PMP training varies depending on whether candidates choose online or classroom programs. It is also determined by their country of residence.
- In India, the Classroom Training and Preparation PMP certification cost range between INR 15,000 to INR 40,000, INR 10,000 to INR 40,000 for online training, and lastly, INR 5,000 to INR 15,000 for self-paced programs.
Re-examination Fee for PMP Certification
- After your application is approved, you will have only 3 chances to pass the exam.
- In the unfortunate event that you do not pass the exam, you may retake it. You must pay a re-examination fee for each attempt.
- The re-examination fees are INR 15,929 for PMI members and INR 28,961 for non - PMI members.
PMP Certification Renewal Fee
- Every 3 years, the PMP certificate must be renewed.
- There is a formal process for renewing the certificate, which includes paying the PMP Renewal fee of INR 3,475 and INR 11,585 for members and non-members, respectively.
Here’s a detailed tabulation where we have summarized the PMP certification cost for members and non-members of PMI:
| Particulars | Average Cost |
|---|---|
| PMP Exam Application Fee | INR 9,963 |
| PMP Examination Fee | PMI Member Fee: INR 23,459 Non-PMI Member Fee: INR 42,863 |
| Training and Preparation Cost for PMP | INR 8,000 to INR 18,000 |
| PMP Certification Re-examination Fee | PMI Member Fee: INR 15,929 Non-PMI Member Fee: INR 28,961 |
| PMP Renewal Fee | PMI Member Fee: INR 3,475 Non-PMI Member Fee: INR 11,585 |
PMP Certification Advantages
A Project Manager Professional (PMP) is a person who has earned the Project Management Institute's industry-recognized project manager certification (PMI).
There are numerous benefits to taking the PMP certification exam; here are a few that cannot be overlooked.
- Broaden your career options.
- Will be acknowledged as an accomplished professional.
- Fluent in the appropriate language.
- Gain new abilities.
- Earn more money.
- Demonstrate your commitment.
Skills Required
Here’s a tabular representation of some of the best skills gained after completing the PMP Certification.
| Scheduling and Time Management Skills | Technical Expertise |
| Effective Communication Skills | Team Leadership Skills |
| Risk Management | Negotiation Skills |
| Problem Solving Skills | Critical Thinking Ability |
PMP Certification Jobs and Salary
Write about the various job profiles and the average salary post completing the course, and write the top companies which recruit them. Then make a table as given below:
| Job Profiles | Job Description | Average Annual Salary |
|---|---|---|
| Project Manager | Project managers plan and allocate project resources, create budgets, track progress, and keep stakeholders updated throughout the process. | INR 14,80,888 |
| Project Manager (IT) | The role of a project manager in the IT sector is to assume responsibility for a specific project or several projects within an organization. | INR 17,31,173 |
| Vice President (IT) | The Vice President of IT will be in charge of the company's information systems and processes, including computer, communication, and office systems, as well as their planning, development, implementation, maintenance, and security. | INR 35,76,446 |
| Program Manager | Program managers are in charge of ensuring that larger organizational goals are met. | INR 23,47,997 |
| Information Technology (IT) Director | Overseeing all the technology operations and evaluating them according to established goals. | INR 35,86,275 |
PMP Certification Cost: FAQs
Ques. Is PMP certification worth doing?
Ans. PMP certification is unquestionably advantageous. The certification has numerous advantages. According to the PMI salary survey, PMP project managers earn 20% more than the average salary. There are numerous PMP certification benefits, so the PMP certification value is much higher.
Ques. Is the PMP exam difficult?
Ans. The PMP exam is a difficult certification assessment that necessitates a great deal of dedication, motivation, and discipline both before and during the exam. While it will undoubtedly be difficult, if you follow these preparation tips, you will be well on your way to passing the test.
Ques. How fast can I get PMP certification?
Ans. It is up to you how much time you devote to studying, but depending on your level of preparedness, you can get your PMP certification in 8 to 12 weeks after applying to the PMI. Consider your study methods and how much you need to study after the PMI accepts your application.
Ques. Is the PMP exam multiple-choice?
Ans. This is due to the fact that the PMI PMP exam is the world's leading project management certification, consisting of 180 multiple-choice questions that demonstrate your leadership experience and expertise in Project Management. Preparing for the exam is the best way to ensure that you will qualify and pass it.
Ques. How many questions do you need to get right to pass the PMP exam?
Ans. From the beginning of the PMP exam until 2007, PMI had a well-defined passing score. In 2005, the passing score was 68.5 percent, which meant that a candidate needed to get 120 correct answers out of a total of 175 (175 regular questions and 25 pilot questions) to pass the exam.
Ques. What is the passing mark for the PMP exam 2021?
Ans. According to popular belief, the minimum Passing Score for PMP is 61 percent.
Ques. What does the above target mean in PMP?
Ans. Above Target – Your performance exceeds the exam's minimum requirements. Target – Your performance meets the bare minimum for this exam. Below Target – Your performance is slightly below target and falls short of meeting the exam's minimum requirements.
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