There are numerous different certificates that focus on a particular area or topography. The PMP Certification has its worth in numerous projects across the World, regardless of a person's country or area of interest.
There is a growing interest in project management around the world. World leaders are training their workers through partnerships, which is prompting an expanded need and interest for talented project administrators.
Do you want to be a PMP certified professional? Before you pursue Project Management Professional certification, read about the costs of becoming a certified expert.
What amount does the PMP Exam Cost?
The PMP exam is USD405 in the United States and USD555 across most of the rest of the world. It may seem like a large investment, but it will set you apart from those working on their first job.
You need to factor in the time it takes to complete the project management exam, because exam requirements vary and some require 3 years of experience or 60 months of experience.
This is a significant time commitment, but in the project management field, it's not uncommon for people to be overworked and have difficulty getting enough hours.
What amount does PMP Course Training cost?
To get a PMP certificate is to take and pass the Project Management Professional certification exam. To become certified, you need to prepare for and complete training that has been pre-approved by the PMI board.
To be eligible for the PMP certification exam, you should spend around 35 hours of project management training or CAPM accreditation. These instructional classes typically cost a few thousand dollars.
From a period point of view, you can hope to spend about an hour per project management schooling acquired (around 35 hours altogether). You’ll leave these meetings having the training necessary for actively pursuing your PMP exam.
When applying for the PMP certification, it is important to find a reputable training provider. If you can show that you completed the course prerequisites, there's a good chance that you will pass the certification exam.
If you are unsure if you should buy a training course, look at a company that provides an unconditional discount when you do not pass your PMP certification. Project Management Academy, for example, offers a 100% discount if you fail the PMP exam. They show confidence in their program and how well they can get prepared for competitors.
PMP Accreditation Cost?
When you have the PMP certification, it means that you are world-class in your project management work. It is important to keep your PMP certification up-to-date so that anyone looking for a project manager will be able to find you.
To keep up with your professional development requirements, you want to attend a project management training course. There is a cost associated with this course, but it's worth it if you take the time to self assess and align yourself with the standard.
If you're just looking for a certificate and aren't interested in the work involved, then a broad daylight class might be perfect. You have other options as well, like becoming a project management theme creator or participating in industry events.
The cost of certificate reestablishment is complex. Similar to the PMP exam, you might need to pay money for PDUs.
Is a PMP certification worth the expense?
After looking at the expenses of acquiring your PMP certification, do you still think that it is worth it? You might be spending around $2,400 to $2,500. Each expense may be different depending on your training decisions, but in general this is what you should be able to expect.
Nevertheless, in the context of Project Management Institute, Certified project chiefs make about 20% more than the non-certified project managers. By continuing to expand your earning potential, an insignificant project will eventually pay off.
PMI suggests that project managers with PMP certification should start out by charging higher middle pay rates than non-credentialed project managers – 16% on average.
One choice would be to talk with your manager about the expense of the PMP certification exam. Many organizations might cover some or part of the cost, but it's ultimately up to your boss to decide how many project management experts he will want in his group and whether or not you should pay for it yourself.
PMP – Best Certification in Project Management
The PMP certification is a choice that promises great benefits in the future. It might be hard to see the rewards now, but when you plan your career this way, it's worth it to push through and invest the time now.
PMP certified administrators cost more than non-certified project directors, but they receive an increased compensation once they've passed their PMP exam.
Before the compensation increment, you should go through the toil of finishing the exam. You can find out if it is worth it or not by asking if it’s difficult, tiring, and expensive. The PMP exam is both costly and difficult so there isn’t a question in my mind on how I’d feel about doing it.
PMP certification exam is probably not postponed due to the expense. The cost of postponement is extremely high, and you could lose over a 16% raise down the line if they wait too long.
