PMP Certification Cost
How Much Does PMP Certification Cost?
Even though the exam costs $500, you may want to add in the fee of a training course too in order to determine the entire PMP Certification cost. In addition, you still need to have 35 contact hours of training prior to taking the exam. While that could be practically any sort of Project Management training, it ought to be a PMP Exam Prep course (the majority of them are arranged to accept the entire 35 hrs) since the exam concentrates on the PMBOK Guide and it really is the PMBOK that is going to be the answer "source" for test questions, not really your own real world experience. Nevertheless, practical experience will help tremendously in passing it.
To calculate the PMP certification cost, you also need to consider the cost of getting the required amount of PMI PDUs (professional development units) every 3 years. You will obtain a handful of PDUs through Project Management related job experience per year nonetheless, you have to aquire others to be able to attain your 60 PDUs total. You can aquire some by teaching classes and a few through writing articles as well as some from self education, but you will still realize that you'll probably have to take courses.
Lastly, you ought to evaluate the cost trade-offs of PMI membership (along with local chapter membership). You are required to be a PMI member in order to write the exam, but you will most likely discover that there exists a net trade of little or almost $0 once you consider the greater price for non-members to write the exam compared to the reduced price for PMI members to write the exam, nonetheless having to add in the yearly fees for PMI membership.
To determine PMP certification cost, you will need to include PMP exam fees, training courses, acquiring PDUs, and membership fees if you want to be a PMI member.