pmp certificate cost india

How Much Does PMP Certification Cost In India/USA? [2021]

The major components of PMP certification cost are exam charges, training fee, study material expenses, and practice test simulator cost. Out of these PMP exam fee, which is charged by Project Management Institute (PMI), is standard all over the world but other costs vary with country e.g. training fee is much higher in USA than in India.

PMP exam fee and training fee are the most expensive components of attaining PMP credential. The exam fee is $555 whereas the training fee can vary between $200 to $2000. A live training can cost as much as $2000 but an online training can cost as little as $200.

You can save a lot of money by investing in a reasonably priced training. Our online PMP training costs less than $100 and it comes with 100% money-back guarantee.

In this article, you will find a discussion of the different costs involved in doing the PMP certification. Although, I have mentioned the costs in US Dollars and Indian Rupees, this article is useful for residents of other countries as well.

Lets look at different costs for cracking the PMP examination. 

PMP Certification Cost in India and USA

The major cost components of getting PMP certification are:

1. PMP Exam Application Fee

PMP exam can be taken only after registering yourself on the PMI website. If you want, you can become a member of PMI by paying a nominal fee and then apply for the exam. The membership fee is $129 and joining fee is $10.

It is beneficial to become a PMI member as PMI gives a discount on exam application fee to its members. The non-member examination fee is $555 but it reduces to $405 for members.

We would suggest you to become a PMI member before applying for thexam as as it comes with a host of benefits. Apart from a discount on the exam fee, the members get discount on re-examination fee (#6) & certification renewal fee (#7). They can also download the PMBOK Guide free of cost (#3).

Whichever option you choose, you will have to pay a total of approximately $550 for appearing in the PMP exam.

Note: You can  read my article on benefits of PMI membership for the full list of benefits.

2. PMP Training Fee

The 35 Contact hours of project management education is mandatory for taking the PMP examination.

A good training can cost anywhere between $200 and $2000. It can become the most expensive element of your total cost. It varies with the country, training institute, and type of training.

You can enroll into an instructor-led live training or self-directed online training. A live training is generaly much more expensive than an online training.

The cost of a live training is much less in India as compared to USA. Depending on your geogrphic region, a good live training can cost between $200 and $2000. On the other hand, a good online training can cost between $200 and $500.

We would suggest you to enroll into a training that has been designed by a from an experienced and  knowledgeable instructor. It will improve your chances of passing the exam in the first try.

If you are looking to crack the PMP exam in near future, then you can take a look our PMP online training. You can get its lifetime access at a very reasonable price.

3. Practice Tests

You will find a lot of free practice tests on the web but you must invest in a paid exam because many of the free tests have questionable quality.

A simulator with lot of mock questions is one of the most important tool for passing the exam in first attempt. A good simulator will not only test your knowledge but also give you a lot of confidence. You must invest in a good simulator to increase your chances of passing the exam.

The price of a good simulator can vary between $60 and $300.

We would suggest you to practice mock questions from our Simulator. Currently, you can get its lifetime access at a deep discount.

4. PMBOK Guide

The PMBOK Guide is the primary reference for the PMP exam preparation. Although it is not mandatory to study the PMBOK Guide but it useful for understanding the PMI terminology.

One of the benefits of becoming a PMI member is that you can download a free digital copy of the PMBOK Guide.

However, if you are not comfortable with a digital copy, you can buy a hard-copy of the Guide. The approximate cost of paper copy is $40 and you can order it online.

5. Other Books

There are many exam preparatory books available in the market. You can buy any one of them to understand the PMBOK Guide concepts in simple language.

A good book will cost anywhere between $40 and $100. It can bring you one step closer to clearing the PMP examination.

6. Re-examination fee

After your application is approved, you are allowed a maximum of three attempts to pass the exam. In an unfortunate circumstance, if  do not clear the exam you can take it again. For each attempt, you will have to pay re-examination fee.

The re-examination fees is respectively $275 and $375 for members and non-members.

7. Certification Renewal Fee

The PMP certificate has to be renewed after every three years. There is a formal process for renewing the certificate, which involves paying a fees of $60 and $150 respectively for members and non-members.

PMP Exam Expenses in US Dollars & Indian Rupees

Unlike many other certifications that target a particular industrial domain or geography, PMPs sought in many different industries.

The table below gives a quick snapshot of the first five cost section. We have not listed the sixth head assuming that you will crack the PMP exam in the first attempt. Similarly, we ignored the seventh head as renewal fee is paid only after you become PMP.

S.No. Cost Head Fee in USD Fee in INR
1. Exam Fee $550 Rs.40,501
2. Training Fee $200-$500 Rs.14,727-36,819
3. Practice Tests $60-$300 Rs.4418-22,091
4. PMBOK Guide $40 Rs.2945
5. Other Books $40-$100 Rs.2945-7363
Total $890-$1490 Rs.65,536-109,719

*INR fee is calculated at Rs. 75/USD.

The PMP credential can cost you anywhere between $890 to $990. The exam fee is fixed so you cannot do anything about it but you can find training and practice test options that are reasonable priced.

Conclusion

PMP is no doubt the most demanded credential and qualification in the world.

The cost of doing PMP certification varies from country to country. The main difference comes because of training fee. The cost in India is considerably lower as compared to the rest of the world.

Although the cost of pursuing PMP is very high but it is nothing as compared to salary advantages that you get after becoming PMP certified.

PMP certification is well worth the time and cost investment. If you have decided to pursue PMP then you should start your preparation immediately. You are potentially losing a lot of money by delaying your exam.

PMP Exam Prep at Fabulous Discount

You can look at our PMP certification course and PMP Simulator to pursue the certification. They are reasonably priced and come with lifetime access.

Our PMP training is unmatched in the industry. It is available at a very reasonable cost and comes with a 100% money-back guarantee.

Our PMP program is priced as low as USD 79 and Rs. 2900 in USA and India respectively. Our training is unmatched in the industry. It will enable you to pass the PMP exam in your first attempt and, in case you are unsuccessful, we will refund 100% training fee.

To sweeten the deal further, we are currently offering up to 64% discount on our training program. You can fill the following form to avail this offer.

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PMP Certification 35 PDUs/Contact Hours Training

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Over To You

What is your take on the cost involved in pursuing the PMP certification? Do you think it is very high? Do you think it is worth to pursue this credential?

Please leave a comment below.

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