The Project Management Institute (PMI) offers among the most sought-after qualifications in the world, the Project Management Professional (PMP) designation. PMI describes PMP certification as the use of knowledge, talents, and methodologies to complete projects.
Candidates seeking the positions of project manager projects executive, associates, or assistant project managers, as well as team manager sometimes need a certificate attesting to their abilities. One of the greatest qualifications you can include on your resume is the well-respected PMP certification.
Membership & Cost for PMP
After applying, you will get an email from PMI asking you for test costs. The examination cost is now USD 405 (member) & USD 555 (non-member). Even though it isn’t required, signing up for a PMI membership will allow you to take advantage of a host of advantages.
For just $129 a year, you may join PMI. You will obtain a free digital copy of the PMBOK Guide when you sign up for a membership, as well as unlimited access to the participant and reviewed publications, project and business management textbooks in e-Reads & References, on-demand webinars, as well as other resources.
You need some background knowledge before you can sit for the credential of pmp course. You must complete a certain number of PDUs in addition to having a specific amount of professional project management experience (Professional Development Units). All of your project management experience must have taken place in the eight years previous to applying for the certification.
You must fulfil one of the following lists of prerequisites for PMP certification:
Set 1: It demands a high school graduation, an associate’s degree, 35 hours of formal project management education, 60 month project management experience that are non-overlapping, and CAPM certification.
Set 2: Four-year degree or international equivalent; 36 months of recent, non-overlapping experience as a project manager; 35 hours of professional project management training; or CAPM® certification.
Set 3: A master’s degree or equivalent and 35 hours of formal project management education along with 24 months of project management experience.
The PMP® Certification Exam
The total number of questions on the PMP® exam is 180, which is made up of 175 multiple-choice questions with scores and 5 ungraded pretests. The test has a 230 minutes time limit to be completed. You need to get 61 to 62 per cent of the questions right to pass the test. You have the option to arrange a retest if you don’t pass the exam on your first try. Within a calendar year, you will have up to three opportunities to take the PMP® test.
After passing the test, you’ll have your PMP credential in 6 to 8 weeks. A complimentary PMP® lapel pin may also be requested from PMI.
If you decide regarding education or not to take the PMP test, you must notify PMI at least 30 days before the date by which your exam eligibility expires. If you have not booked or taken the test, you will get a refund of the costs less a $100 processing charge. If the Audit procedure is unsuccessful, you still get the same amount.
Conclusion
Professionals that have a PMP certification benefit from an advantage in the job market and earn more money. Additionally, obtaining certification develops applicants’ expertise in their primary field, which ultimately helps them manage their teams effectively.