PMP Certification Cost Overview
The PMP (Project Management Professionals) certification is globally recognized as the most prestigious as it encompasses a wide range of project management approaches, including predictive, agile, and hybrid methodologies, demonstrating expertise and experience in leading projects under any operational mode.
The cost of obtaining a PMP certification varies depending on the country of registration. The PMP certification cost in India ranges from INR 22,763 to INR 3,79,397. For registered PMI members, the cost is INR 23,459, while for non-PMI members, it amounts to INR 42,863. Additionally, there is an application fee of INR 9,963 to be paid by candidates appearing for the PMP exam.
When it comes to training and preparation for the PMP certification, the cost typically falls between INR 8,000 and INR 18,000. Candidates can expect to invest in courses and study materials to adequately prepare for the exam. It's important to note that individuals are allowed a maximum of three attempts to pass the PMP certification exam. In the event of a failure, candidates interested in applying for a PMP certification re-examination will incur a cost of INR 15,929 for PMI members and INR 28,961 for non-members. Obtaining a PMP certification opens up numerous career opportunities for project managers across various industries. It also enables organizations to identify and secure top-tier talent, allowing them to improve their performance and work more efficiently. Post-completion of the PMP certification, individuals can pursue job roles such as Project Managers, IT Directors, and Vice Presidents in Information Technology, among others.
PMP Certification Highlight
The table below shows the highlights of PMP Certification:
Aspect | Details |
Certification Name | Project Management Professional (PMP) |
Certification Body | Project Management Institute (PMI) |
Eligibility Criteria | Education and experience requirements |
Certification Cost | Varies by country and PMI membership status |
Exam Format | Computer-based multiple-choice questions |
Renewal Period | Every 3 years |
Average Exam Pass Rate | Approximately 60-70% |
Benefits | Enhanced career opportunities, industry recognition, expanded knowledge and skills, higher salary potential, networking opportunities, improved project success rates, continuous professional development |
Job Profiles | Project Manager, Program Manager, Portfolio Manager, Project Coordinator, Project Analyst, etc. |
Average Salary Range | Varies depending on job profile and experience |
Top Companies Hiring | Fortune 500 companies, consulting firms, IT firms, construction companies, healthcare organizations, government agencies, etc. |
What is PMP Certification?
- Professionals who fulfil specific educational and experiential criteria are granted the esteemed Project Management Professional Certification, commonly referred to as PMP certification, by the Project Management Institute (PMI).
- Individuals aiming to acquire certification must satisfy one of two rigorous prerequisites before being eligible to take the examination.
- Prospective candidates are required to possess a minimum of 7,500 hours of project management experience along with 35 hours of pertinent education, or a relevant four-year degree in addition to 4,500 hours of project management experience and 35 hours of project management training.
- With a vast global membership base, the Project Management Institute bestows its Project Management Professional Certification, recognized internationally as a distinguished credential.
PMP Certifications Cost
- The cost of obtaining 35 PDUs for PMP certification varies by country, with prices ranging from INR 22,763 to INR 3,79,397.
- For computer-based testing (CBT) of the PMP exam, the fees are INR 30,731 for PMI members, while Non-PMI members are required to pay INR 42,113.
- The fee schedule for re-examination is set at INR 20,866 for PMI members, while Non-PMI members need to pay INR 28,454.
- To become a PMI member, an individual must submit a PMP fee of INR 42,113 at the time of application, which covers both the examination and the membership fees.
- Interestingly, even if someone chooses not to join PMI, they are still obligated to pay the same PMP exam fee.
- Consequently, we recommend that you consider applying for PMI membership in order to avail yourself of the PMP course fee benefits.
- Provided below is a compilation of popular PMP Certification course providers such as Simplilearn, Edureka, etc., including their average PMP certification costs.
Course Provider | Average Fees |
Simplilearn | For PMI members: INR 30,731 for Non-PMI members: INR 42,113 |
Edureka | INR 13,999 |
Udemy | INR 579 |
PMP Certification Cost in India
The cost of acquiring the PMP certification consists primarily of the exam fee, training fee, study material expenses, and practice test simulator cost. The Project Management Institute (PMI) imposes a standardized fee for the PMP exam worldwide, while other costs may vary by country.
The most significant components of the PMP certification cost are the exam fee and training costs. In India, the exam fee amounts to INR 42,863, and the training fee ranges between INR 8,000 and INR 18,000.
In the subsequent sections, we will delve into further details regarding the various aspects of PMP Certification Cost, including the application fee, training cost, re-examination fee, renewal fee, and more.
PMP Certification Cost in India: Exam Application Fee
- In order to take the PMP exam, individuals must complete the registration process on the PMI website and submit the required application fee.
- There are two options for applying for the exam: one can either become a PMI member and then apply, or directly apply for the exam without becoming a PMI member initially.
- To become a PMI member, a person needs to pay a membership fee and a joining PMP Exam fee, totalling INR 9,963. Additionally, members have a separate PMP Exam fee of INR 772.
- Becoming a PMI member offers advantages as members receive a discount on exam application fees. While the non-member examination fee is INR 42,863, members enjoy a reduced fee of INR 23,459.
PMP Certification Cost in India: Training and Preparation Cost
- According to PMI, completing 35 hours of training is a requirement to obtain PMP certification.
- Consequently, the initial component of the overall PMP cost is the expense associated with PMP training.
- The cost of PMP training varies depending on the chosen format, whether it is online or conducted in a classroom setting. Additionally, the cost may also differ based on the candidate's country of residence.
- In India, the Classroom Training and Preparation for PMP certification typically range from INR 15,000 to INR 40,000. Online training costs are generally between INR 10,000 and INR 40,000. Alternatively, self-paced programs can range from INR 5,000 to INR 15,000.
PMP Certification Cost in India: Re-examination Fee
- Once your application is approved, you will be granted a maximum of three attempts to pass the exam.
- In the event that you are unsuccessful in passing the exam, you will have the opportunity to retake it. However, please note that a re-examination fee will be required for each attempt.
- The re-examination fees for PMI members amount to INR 15,929, while non-PMI members are required to pay INR 28,961.
PMP Certification Cost in India: Renewal Fee
- The PMP certification must be renewed every three years to maintain its validity.
- To renew the certificate, a formal process is followed, which involves payment of the PMP Renewal fee. For PMI members, the fee is INR 3,475, while for non-members, it is INR 11,585.
Here is a comprehensive table summarizing the PMP certification costs for both PMI members and non-members:
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 Cost: Advantages
A Project Management Professional (PMP) refers to an individual who has successfully obtained the prestigious project manager certification from the Project Management Institute (PMI).
There are several noteworthy advantages associated with pursuing the PMP certification, which include:
- Expanded Career Opportunities: By acquiring the PMP certification, individuals can broaden their career options and gain access to a wider range of job opportunities in the field of project management.
- Professional Recognition: Holding the PMP certification establishes one's professional credibility and expertise, earning recognition as an accomplished project management professional.
- Proficiency in Industry Language: The PMP certification ensures that individuals are well-versed in the standardized language, terminology, and best practices used in the project management field.
- Acquire New Skills: Pursuing the PMP certification allows professionals to gain new and advanced project management skills, enabling them to excel in their roles and handle complex projects more effectively.
- Increased Earning Potential: PMP-certified professionals often command higher salaries and greater earning potential compared to their non-certified counterparts due to their enhanced skills and recognized expertise.
- Demonstrating Commitment: Obtaining the PMP certification demonstrates a strong commitment to professional development and a dedication to maintaining high standards in the field of project management.
PMP Certification Cost in India: Skills Required
Here is a table outlining some of the valuable skills acquired upon 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 Cost: Jobs and Salary
The Table Below shows the various Job profile and Salary:
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 |