The project management industry recognizes PMP certification as the standard documentation for project experts. For a project manager who wants to add a valuable certification to their resume, it is the key to a successful project management job. For this qualification process, you must take a project management course, which is required for any expert. India’s three most significant towns, Chennai, Bangalore, and Hyderabad, have become the centers of some of the world’s most influential businesses. These cities have grown a lot and are now thriving in Indian places, with many software and banking businesses opening up. This has created a huge need for trained and skilled project managers, and Online PMP Certification is a highly sought-after title.
How much does it cost to become a PMP?
Do you want to get a PMP degree like many other professionals? Before studying for the Project Management Professional certification test, you must know how much it will cost. Find out more about how much the PMP test will cost and how to plan for these costs.
The main parts of the PMP certification Cost are the cost of the exam, the cost of training, the cost of learning materials, and the cost of practice test software. Out of these costs, only the PMP test fee, given by the Project Management Institute (PMI), is the same everywhere. Other prices, like training fees, vary from country to country.
The most expensive parts of getting PMP certification are the cost of the test and training. The test cost is $555, but the cost of training can range from $200 to $2000. Live training costs up to $2,000, but online training costs only $200.
With Prothoughts Training’s PMP Certification Florida, you can quickly and easily get your PMP license. In Florida, PMP Certification training is offered for project managers who want to pass the PMP certification test.
There are two types of prices for the PMP test. The first is the test cost, which is a fixed price. The second is the cost of training and preparation, which varies and mainly depends on your chosen training center. Let me write down more information about how much PMP certification costs in India.
1) Exam fee: The PMP Certification Fees is the same for everyone who takes the test, no matter where they live. Here, listed PMI members get something extra, but they must pay $139 for registration before taking the PMP test.
2) Fee for preparation and training:
Training: According to PMI rules, you need 35 hours of structured training before taking the PMP test. In India, several training centers offer PMP training at low prices.
Preparation: In addition to the PMI-issued Project Management Book of Knowledge (PMBOK), you can buy other training tools to clear up any questions and explain the ideas clearly. You don’t have to buy them, but if you want to study independently, you should look for different books and tools to help you understand the PMP ideas. You can even pay separately to take mock tests. Many websites sell these mock tests. You can pay for them and take them to see how well you know the material.
Is it Worth the Money to Join PMI?
Membership in PMI costs $129 per year, plus a one-time entry fee of $10. Is the price worth it? You can save money on certification tests, like the PMP certification if you are a part of this group. If you join, you’ll save $150, more than a year’s registration fee. This can be well worth the money for people who work in project management and want to get one or more certifications.
In addition to the savings on certification, you can access several PMI perks, such as material, events, tools, templates, and even a copy of the Guide to the Project Management Body of Knowledge (PMBOK® Guide). If you want to be a project manager for the rest of your life, this is a position you may find helpful in the future.
Is it Worth the Money to Get a PMP Certification?
After looking in detail at the costs of getting your PMP certification, it’s time to ask the big question: is it worth it to get your PMP certification? You might have to pay between $2,400 and $2,500. These costs will change based on what kind of training you choose, but this is the average amount you can expect to pay.
To put things in perspective, PMI says that certified project managers make about 20% more than their peers without degrees. So, a small investment you make now will pay off in the long run as you continue to improve your ability to make money.
One thing you can do is ask your boss how much the certification test will cost. There are a lot of businesses that may pay for all or part of your PMP qualification. Your employer’s best interest is to have people on their team trained in project management. This gives them a reason to help.
Ultimately, getting your PMP degree is the best thing you can do for your job. Taking this road is worth the money and time when you think about how much you’ll get back from it as a skilled project manager.