One of the most commonly asked topics about the Project Management Professional (PMP) exam fee is addressed in this article.
What is PMP?
PMP (Project management profession) certification is a widely recognized industry certificate for project managers. PMP certification provides that you have the required experience, education, skill, and competency to lead and direct projects. The Project Management Institute (PMI) in the United States provides the PMP certification.
People who really are highly professional as project managers are in high demand as the project management sector grows in popularity. If you work or plan to work in the project management field, and you don’t have a PMP certification, you should know the value of obtaining one.
This is a global certification, which means that once you’ve earned it, you can work in any industry, in any location, along with any methodology, regardless of geography or domain.
Furthermore, PMP certification has got global recognition over the years. Moreover, this qualification enables qualified individuals to earn up to 20% more than non-certified individuals.
PMI® – PMP® Exam Fee:
Are you a working professional looking to advance in your career? Or are you a project manager looking to expand your knowledge and skills? If yes, you must be considering getting the PMP certification. You’re probably also searching for the PMP certification cost, you may also be asking how much money you’ll need to take the PMP exam, i.e. the PMP exam fee.
For new members, the PMI membership fee is currently $129, plus a $10 application fee. The membership is valid for a year and must be renewed for a fee of $129 every year. Please be aware that these data only apply to Individual Memberships, not Student Memberships.
The PMP exam fee for computer-based testing at a location is USD 575 for non-PMI members and USD 405 for PMI members.
PMP Examination | PMI Member Examination Fees (USD) | Non-PMI Member Examination Fees (USD) |
PMP Exam – First Time | $405 | $575 |
PMP Re-attempt Examination | $275 | $375 |
Latest Update: Location-Based Pricing
On 3 January 2023, the PMI declared Location-Based Pricing in order to give more professionals in different parts of the world an equal opportunity to learn project management skills, PMI is now able to offer discounted prices to users in those regions. This marks the beginning of a sustained effort to increase price parity for professionals.
In this new model, how did PMI on pricing?
To ensure price equity for our clients, we used economic data compiled by the World Bank along with other economic factors to establish prices based on location.
How does PMI find out where a customer is?
Their location is established by the registration nation they chose when they first created their myPMI account.
Since prices can vary and are subject to change, PMI is unable to publicly reveal this information to anyone else.
The fees for those who are based in the UAE remain the same.
Example: This image displays the price reduction for an applicant based in Mauritania.
PMP PMI Examination fee refund:
For PMP exam registrations, PMI offers a refund policy. In the event that you are unable to take the exam on the scheduled date, you must notify PMI (customercare@pmi.org) at least 30 days before your exam eligibility expires. PMI will refund your fee minus a $100 processing fee in this case. The exam eligibility period begins one year after PMI has completed its assessment of your PMP test application.
How to become a PMI member?
To become a PMI member, go to pmi.org and register. The membership charge is USD 129, plus a USD 10, one-time application fee. This membership has a one-year expiration date. After that, you must renew it by paying membership fees and so on.
Conclusion:
For the audit process, the PMI would choose a set of PMI certification holders at random. A candidate will be required to submit supporting materials to verify any PDUs during this time.
To know more about our PMP® course and training please contact us through the enquiry form, whatsapp, or email. Our dedicated Product Manager based on your location will contact you with further information and help you become the Project Management Professional.
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