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PMP Certification Requirements and Costs in 2022

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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PMP® Certification
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Reasons to do PMP® Certification Training

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.

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

Cost of the exam 

The examination differs for members and nonmembers:


Cost
Members
US$405
Nonmembers
US$555

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 PMP certification exam is for four hours in which the candidate is required to answer 200 multiple-choice questions. The 200 questions are broken down into five process groups with different weightage each. 
Section
Weightage
Initiation
13%
Planning
24%
Executing
30%
Monitoring and Control
25%
Closing
8%

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. 

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