PMP Certification Requirements and Costs in 2024

This article will help you understand in detail what is PMP certification and who should take PMP professional course. The article will also cover other related topics like why they should pursue the course, how much does it cost, etc.

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Introduction

Project Management Professional (PMP) is one of the globally recognized management certification courses which validates your ability to take up jobs as a project manager all over the world. The certificate is given by the Project Management Institute (PMI) for all those who want to work as project managers. The certificate is recognized globally as a standard to measure the skills of project managers. Mentioned below is everything you need to know about PMP like, who should take PMP certification and why, cost of the certification, etc. 
Overview
Who Should Take PMP Certification?
Every field desires to hire the best project managers to ensure the smooth functioning of their project, along with the best results. When these companies hire project managers, they look for people who can take responsibility and lead others effectively. PMP certification course will not only instil all these skills in you but also increase your chances of employability. 
While this course is not mandatory, if you want to strengthen your credibility and boost your resume, then it is highly recommended to get a PMP professional certificate. However, there are some criteria you would be expected to meet before you can apply for the certification.

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Requirements for PMP Certification 
Mentioned below are some mandatory requirements for the PMP certification course.
• Minimum 7,500 hours of project management experience and +35 hours of relevant education
• Or, a relevant four-year degree program combined with minimum 4,500 hours project leading experience and a minimum of 35 hours of management training.


How to apply?

• Confirm if you are eligible to take the exam
• Create an account at the PMI website
• Fill in your personal details and information like projects you have led, internships completed, etc.
• Pay the application fee

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Cost of the exam 
The examination differs for members and nonmembers:


Cost
Members
US$425
Nonmembers
US$575

How to schedule the exam?

Once you have completed your application and are deemed eligible, PMI will email you the exact time for your exam appointment along with the instructions and eligibility code. 


Format for PMP Exam

The exam for PMP certification has 180 questions. These questions are spread across three domains outlined by PMI. Each domain highlights different facets of project management, with questions rooted in the tasks and necessary knowledge & skills for each domain. 

Here is the breakdown –

Domain Domain WeightageApprox. no. of QuestionsFocus Area
People42%~60Conflict resolution, Stakeholder engagement, team performance
Process50%~60Methodology application, Project lifecycle, Resource management, Quality Assurance
Business Environment8%~60Organizational governance, business alignment, Compliance

Important Note: The percentages provided do not represent the weightage of questions in the exam. Instead, they indicate the focus given to each section during the training and its significance in achieving a passing score.

How to prepare for the exam?
It is advisable to prepare for the exam using the PMBOK guide. It is a set of standard terminology and guidelines which are used for project management globally. The applicant should cover topics like, 
• Processes for managing stakeholders
• EVM graphs and metrics
• Financial forecasting
• Organizational behaviour
• Management science


How to retake the exam?

If the applicant fails the exam in the first attempt, then he/she can take the exams two more times in the one year eligibility period. The applicant will be required to pay the application fee again. 
How long is PMP certification valid? 
After passing the exam, the PMP certification is not valid for a lifetime. It is only valid for three years. However, PMI allows you to recertify through their CCR program, i.e. continuing certification requirements. Under the program, you will be expected to undergo training that will enhance your skills as a project manager. 
If you are still wondering who should take a PMP certification then you should know, in whatever field you work, you will be expected to perform your best. PMP certification will allow you to improve your skills in the field you are best suited in along with the opportunity to increase your employability chances.

Key Features

  • Crack PMP certification in 40 days
  • 1000+ practice questions with detailed video explanation
  • 11 mock exams
  • 35 hours of comprehensive training
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  • Delivered by PMI® Authorized Training Partner
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  • Earn 35 PMI®-approved PDUs
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