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Get PRINCE2® Certified

Gone are the days when one can stay satisfied with one’s job and stay relaxed about securing one’s future. Nowadays, it is no longer an ‘An easy and relaxed life’ anymore. Things have changed a lot and will keep doing so. It is a ‘Dog-eat-dog world’ where the competition is as fierce as it can possibly be.So what does one need to grow in one’s career? A tool that gives an advantage over others. Project management is the key to ensure that the project triangle is properly maintained which results in keeping the budget, scope, and timely delivery in check. This also unites the team and keeps everybody on the same page. Projects being delivered effectively on time creates a positive impact on the entire organisation as well.To do that, we need a methodology. PRINCE2® is one of those methods, excelling in which will take you to that next level in handling a particular project for any organisation in the most effective manner. It is the most frequently-used project management method and will offer you the confidence to manage your project effectively with success.In this article, we will discuss what PRINCE2® certification holds, the requirements needed to apply for the same, the benefits involved, and the proper procedure to apply for the examination.If you are interested to know about the above, then you have reached the right place.So, let us begin.What does the PRINCE2® Certification hold for you?PRINCE2® is made up of 7 principles, themes, processes, and project environment. The method used aids in managing projects with success no matter what the size and scale of a project are.PRINCE2® includes the following:The PRINCE2® manual – Managing Successful Projects with PRINCE2® 2017 EditionA Certification Scheme to help you reach either the ‘Foundation’ level or the ’Practitioner’A Membership subscription facility.To get PRINCE2® certified, you need to know that there are four levels in PRINCE2® Certification:PRINCE2® Foundation is the entry levelPRINCE2® Practitioner is the advanced levelPRINCE2® Agile FoundationPRINCE2® Agile Practitioner qualification.Even if there are four levels of certifications for PRINCE2®, the first two, PRINCE2® Foundation, and PRINCE2® Practitioner are the most sought after and the prerequisites vary for each of them.Let us have a look at each of their requirements and what you will learn from them.PRINCE2® Foundation qualification will educate you with the principles of PRINCE2®, its themes, terminology, and the way you will be able to implement PRINCE2® methodology to a project environment supporting PRINCE2®, thus making you an informed member of a project management team.Prerequisites:There are no specific pre-conditions for the Foundation level certification.You may study this on your own or as take it as a prerequisite to the PRINCE2® Practitioner courseHowever, with respect to PRINCE2® Certification Requirements, while it is not mandatory, having a basic knowledge of managing projects is always preferred.In that way, training in PRINCE2® will prepare you for the Foundation level certification in a much better manner in familiarising you with the methods, terms, and concepts.PRINCE2® Practitioner qualification will prepare you to apply PRINCE2® methodology in running and managing a project in an environment which supports the idea of implementing PRINCE2®. Once are able to do so, you will be able to apply PRINCE2® accordingly to take care of the requirements and issues that emerge from a specific project scenario. This results in you getting a comprehensible knowledge about relating PRINCE2® principles with its themes, processes, and PRINCE2® products, and understand them at the same time.Prerequisites:To go for this course and examination, you will need to provide proof that you  passed one of the following:PRINCE2® FoundationProject Management Professional (PMP®)Certified Associate in Project Management (CAPM)IPMA Level A (Certified Projects Director)IPMA Level B (Certified Senior Project Manager)IPMA Level C (Certified Project Manager)IPMA Level D (Certified Project Management Associate).Only present-day certifications will qualify as a prerequisite.PRINCE2® Agile Foundation qualification comes into the picture once you are aware of what PRINCE2® processes, themes, and principles are, will educate you about governing PRINCE2® and an extensive range of agile concepts. It is similar to PRINCE2® Foundation and after being qualified, you will be able to understand how PRINCE2® 's methodology goes hand in hand with agile concepts while being an informed member of an agile project team simultaneously.PRINCE2® Agile Practitioner qualification teaches certified project managers on how to combine PRINCE2®'s structure, governance, and control with agile methods, techniques and approaches to get an effective result.Prerequisites:Just like PRINCE2® Practitioner, you will need to furnish proof of having passed one of   the following:PRINCE2® Foundation (or higher)Project Management Professional (PMP®)Certified Associate in Project Management (CAPM)IPMA Level A (Certified Projects Director)IPMA Level B (Certified Senior Project Manager)IPMA Level C (Certified Project Manager)IPMA Level D (Certified Project Management Associate).Like before, only current certifications will qualify as a prerequisite.However, all the levels of certification have the same examination style and structure.Who can go for PRINCE2® certification?Anybody can use PRINCE2® to manage their projects. If you are a project designer, or into the development and delivery of projects, then you will find this certification very helpful. Moreover, if you currently are a project manager or planning to become one, then PRINCE2® certification is the one for you.The PRINCE2® Foundation certification is for professionals who want to indicate that they can be an informed and effective member of a project management team by knowing PRINCE2® methodology, its themes, principles and processes within a PRINCE2®  supporting environment.Moreover, the PRINCE2® Foundation Certification also acts as a prerequisite for professionals who want to get PRINCE2® Practitioner or PRINCE2® Agile certified.The PRINCE2® Practitioner Certification is for professionals who have sufficient knowledge about PRINCE2® methodologies and the application of the same, working effectively and actively with a project management team in a specific scenario and within a PRINCE2®  supporting environment.What are the PRINCE2® training options?You can attend classroom training or study onlineVisit this Axelos link or the PRINCE2® website to find a local PRINCE2® Classroom Training or Online Training centre.Tell me about the PRINCE2® Certification examinations.Now that we have discussed the requirements of the PRINCE2® Certifications, let us understand the style and structure of the PRINCE2® Certification examinations to help you know how to pass it.Understanding the examination formatIt is quite normal to have lots of questions about the examination format, as this is one of the most crucial inquiries.PRINCE2® examinations are either undergone:As a part of a PRINCE2® accredited training course through your PRINCE2® training providerOnlineAt a public PRINCE2® examination centre.Regardless of which option you choose, the style and structure of each examination remain nearly the same.First, we will cover the examination structure. Let us go through them one by one.PRINCE2® Foundation Level Certification Examination 2009:The duration of the examination is 60 minutes.It includes 75 questions.You will need 50% to pass the examination. So you will need to get at least 35 out of the total 70 questions correct. Please note that 5 of the questions are for trial and are not counted in your final score.It will have a ‘Multiple Choice Question’ pattern.There is no negative marking.PRINCE2® Foundation Level Certification Examination 2017:The duration of the examination is 60 minutesIt includes 60 questionsYou will need 55% to pass the examination. So you will need to get at least 33 out of the total 60 questions correctIt will have a ‘Multiple Choice Question’ patternThere is no negative markingThere will be a Reference Book: Managing Successful Projects with PRINCE2® publication, 2017 edition. But, it will be a closed book examinationThere will be various types of questions: You may be given the regular question pattern with 4-Answer options, or filling a missing word type or pick 2 correct statements from a given list of 4 statements.But you might be wondering how the 2009 Certification differs from the 2017 version, and if either the requirements or the content has changed. Well, here is what is new about PRINCE2® 2017:It has a revised PRINCE2® GuidanceEmphasises the approach in the methods of managing projects using the same 7 principles, themes and processesCustomises PRINCE2® for the specific organisational and environmental needFocuses on the relationship between themes and principlesRedraws ‘Themes’ to include pertinent and specific examples of tailoringProvides more examples of practical application of methods and guidance to enable you to use for project managementHas become even more a ready reckoner and reference for all aspects of managing projectsPuts more emphasis on membership for practitioners and foundation level certification holders to stay up to date and validate their certifications.Now, let us analyse the PRINCE2® Practitioner examination requirements as well.PRINCE2® Practitioner Level Certification Examination 2009:Type of questions: ObjectiveThere will be 8 questions – 10 question items per question, each worth one markYou will need 55% to pass the examination. So you will need to get at least 44 out of the total 80 questions correctThe duration of the examination is 150 minutes (2 and a half hours)It will be an open book examination (Official PRINCE2® manual only).You might get this question about what you will need to do if you have a 2009 certificate, that whether you will need to reappear for the examination in the new 2017 format or wonder what the PRINCE2® certifications might reflect.If you hold a 2009 credential, you will not need to appear for the examination again!But, as the update was made to add more best practices or make subtle adjustments to the existing content, it is good to have an understanding of the revised material.This can be done by:Purchasing the 2017 PRINCE2® manual:Take AXELOS membershipGo through the FAQs published on AXELOS websiteBe a part of the AXELOS community account.PRINCE2® Practitioner Level Certification Examination 2017:Type of questions: ObjectiveThere will be a total of 68 questionsYou will need 55% to pass the examination. So you will need to get at least 38 out of the total 68 questions correctThe duration of the examination is 150 minutes (2 and a half hours)It will be an open book examination (Official PRINCE2® manual only).What is the outcome of being certified as a PRINCE2® Practitioner?When you become a certified PRINCE2® Practitioner, you demonstrate your ability to implement PRINCE2® methodology in multiple environments for any kind of project, and according to the specifications of your organisation. That is why, in project management, PRINCE2® Foundation certification level remains as one of the crucial requirements to pursue the Practitioner level.About the validity of the Practitioner certificate:Although the PRINCE2® Foundation certificate has lifelong validity,  the Practitioner Certificate is not. It will expire three calendar years from their original certification.You either will need to resit for the Practitioner examination or renew your certificate through a subscription to My PRINCE2®.Here are the criteria that you need to meet within the three-year period, to make sure that you stay updated through My PRINCE2®:Join My PRINCE2® within three months of passing your Practitioner examination and renew your subscription every year during the three-year period. The membership fee is £50.00 + Taxes per year.You will need to maintain the PRINCE2® digital badge which you will get as a part of My PRINCE2® during the three-year period. During that period of time, you will require to earn 20 CPD points each year in the prescribed categories to be eligible for the renewal extension of your badge.This will result in you getting your Practitioner certificate renewed for a further three years.You will have the one year’s subscription included with your PRINCE2® Practitioner certificate.                My PRINCE2® is an online subscription to the latest resources and content assisting you to apply everything that you learned during the PRINCE2® Practitioner examination to the workplace, as well as sharpening your skills and knowledge in line with future innovations in project and programme management.What are the benefits of being registered My PRINCE2®?As a My PRINCE2® subscriber, you will have access to:PRINCE2® templates and publications to apply ‘PRINCE2® best practice’A CPD toolset to keep your certificate up-to-date.Axelos will contact the successful candidates with a discount code. When contacted, the chosen candidates should have opted into AXELOS’s Successful Candidates Register at the time of examination registration. For any relevant enquiries, the candidates can email Axelos at membership@axelos.com.What is My PRINCE2®?My PRINCE2® is the go-to best practice subscription for project management professionals. It provides you with every possible practical help, easily accessible support, and professional approval to develop your project management career.You will get easy access to:PRINCE2® 2017 and PRINCE2® Agile official online guidancePRINCE2® 2017 templates to support you with every projectExclusive white papersMember’s discounts to industry publications, training courses, and events.But what are PRINCE2® digital badges?Digital badges are tokens that look like icons. They are granted to imply that you have reached an accomplishment. It is a simple process to verify and share information online. Your digital badge contains and reveals information regarding the activity of your professional improvement along with the issue date and an expiry date.AXELOS authorises this information and delivers it using metadata to avoid alterations. Employers and recruiters can use these badges to verify an individual’s credentials and can act as a differentiator.Your badge will show the highest certification that you hold. For example, if you hold both a PRINCE2® Foundation and PRINCE2® Practitioner certification, then you will receive a PRINCE2® Practitioner badge.What is the outcome of being certified as a PRINCE2® Practitioner?When you become a certified PRINCE2® Practitioner, you demonstrate your ability to implement PRINCE2® methodology in multiple environments for any kind of project, and according to the specifications of your organisation. That is why, in project management, PRINCE2® Foundation certification level remains as one of the crucial requirements to pursue the Practitioner level.Cost of PRINCE2® certificationsFirstly, the components involved in the PRINCE2® certification cost are:PRINCE2® TrainingPRINCE2® examinationCost of Sample Examination papersStudy GuideMembership fee.From PRINCE2® Foundation to PRINCE2® Practitioner, the training and examination costs change from country to country and from one accredited training organisation to another. All the fees are approximate values and you will need to contact the accredited training organisations to check the exact costs.The components involved in the PRINCE2® certification cost are:PRINCE2® TrainingPRINCE2® examCost of Sample Examination papersStudy GuideMembership fee.Choosing a PRINCE2® course online results in the cost of your training component in PRINCE2® being as low as under $300. Do keep in mind to go for a PRINCE2® Foundation & Practitioner Certification examinations bundle. By doing so, you will get access to the entire course that will last for a year. Some training providers do provide such courses for just $60 if you desire to finish the same in one month’s time. Generally, you could have to pay around $900 for the Foundation examination, but if you get one of those combined courses featuring both PRINCE2® Foundation & Practitioner Certification examinations, then you automatically would end up paying much less on the PRINCE2® certification.Nevertheless, if you decide to attend classroom training, then you may have to pay around $1000 for your PRINCE2® certification. Quite some of these PRINCE2® courses cover the cost of the PRINCE2® Foundation & Practitioner Certification examinations. So do make a note of the cost of the PRINCE2® certification if you intend to go for PRINCE2® training. On top of that, do pay attention to the extent of course coverage, flexibility and the bundled services that each accredited training organisation has to offer. Doing so will help you save money on the cost of PRINCE2® certification.PRINCE2® course onlineGoing for a PRINCE2® course online will help you save a lot of money on the cost of PRINCE2® examination. The online course for PRINCE2® Foundation level may cost you €450 or more. However, the classroom session may cost €1000 or higher. So, in this manner, you will be able to cut down on the cost of the PRINCE2® examination if you choose for the online course.PRINCE2® Examination and Certification InfoInfo/ Examination typeFoundationPractitionerQuestion typeObjectiveObjectiveCertification familyPRINCE2®PRINCE2®Conducted byPEOPLECERTPEOPLECERTCreated byAXELOSAXELOSLevelFoundationAdvancedRe-certificationNot requiredRequiredNumber of questions6068Time allotted60 minutes150 minutes, 180 minutes for languages other than EnglishMarks to qualify33 out of 6038 out of 68Closed/Open bookClosed bookOpen book Only the manual is allowedExamination Languages66The languages that the examinations are held in are:DutchEnglishFrenchGermanNorwegianPolishYou can check the PEOPLECERT website for more information.Choosing the test centre and scheduling/rescheduling/cancelling the examinationFollow these steps in order to register for the examination and choose the examination centre.Via Pearson Vue:Step 1: Visit the link:https://www.peoplecert.org/browse-certifications/project-programme-and-portfolio-management/PRINCE2®-2/PRINCE2®-2017-foundation-2232.Step 2: Scroll to the bottom of the page and look for the header ‘Take the Exam’.Step 3: At the bottom right corner of the screen, under ‘Approved Test Centre’, click ‘Pearson Vue’.Step 4: You will be taken to the page of Pearson VueStep 5: At the right-hand side of the page, you will see a host of options. You will need to sign in or create an account to schedule, reschedule or cancel an examination.Step 6: To find a test centre, look just below where you are asked to sign-in and you will need to either  click on ‘Find a Test Center’ or ‘Find a test center on a military base’ to search for the test centre according to your choice.Step 7:  Proceed with the chosen test centre to schedule the examination date that you prefer.Via Prometric:Step 1: Repeat step 1 from above.Step 2: Scroll to the bottom of the page and look for the header ‘Take the Exam’.Step 3: At the bottom right corner of the screen, under ‘Approved Test Centre’ click ‘Prometric’.Step 4: You will be taken to the page of Prometric:Step 5: At the top of the page you will find four options:‘Schedule My Test’: Click this option if you want to schedule the day and date of your examination.‘Locate A Test Center’: Click this option if you want to find the test center according to your choice.‘Reschedule/Cancel My Test’: Click this option if you want to reschedule the day of your examinations or cancel it.‘Confirm My Test’: Click this option if you want to get a confirmation on the test centre, the day and date when your examination will be held.PRINCE2® SyllabusIn order to excel in the PRINCE2® certification examinations, you will need to know exactly what will be taught in the certification courses. We will go through the syllabus of both the PRINCE2® Foundation and PRINCE2® Practitioner certification levels.PRINCE2® Foundation Syllabus:The PRINCE2® Foundation examination intends to test your capability to understand how Prince 2 methodologies work in a project and to be able to act as an informed member of a project management team using the PRINCE2® methodology within a project environment.You will need to exhibit that you have a proper understanding of the principles of the method and terminology. You must be able to:Explain the purpose and major content of all roles, the seven principles, the seven themes, and the seven processesMention which management products are to be included as input or output from the seven processesState the main purpose, and key contents, of the major management productsTell the relationships between processes, deliverables, roles and the management dimensions of a project.PRINCE2® Practitioner SyllabusThe Practitioner is the second of the two PRINCE2® examinations that you require to pass to become a Registered PRINCE2® Practitioner.This PRINCE2® examination test your ability to be able to understand and implement PRINCE2® in running and managing of a project within an environment supporting PRINCE2®. You will require to show that you have what it takes to excel to get qualified with the Foundation certification. You need to demonstrate that you can fine-tune PRINCE2® to address the requirements and issues of any given project scenario. You should be able to:Elaborate all the principles, themes and processes and examples of all PRINCE2® products that are worked on, in the manner they might be applied to address the particular situation of a given project scenarioShow that you do understand how principles, themes, processes, and PRINCE2® products are related to each other and can implement the sameDemonstrate that you do understand the reasons behind the principles, themes, and processes of PRINCE2® and the principles assisting these elementsYou must be able to fine-tune PRINCE2® to different project circumstances.Now, after knowing all about getting PRINCE2® certified, you definitely will be curious to know how this certification benefits you.Here are the benefits of getting PRINCE2® certified:Growth in career: Both levels of certifications, be it PRINCE2® Foundation or PRINCE2® Practitioner, boost your career in the best manner possible. If you think you fill in all the checkboxes of the PRINCE2® Certification Requirements, then PRINCE2® certification should become one of your most sought after resolutions.Increase in salary: As it is a much sought after credential, PRINCE2® definitely increases your chances to get a raise.Professional Recognition: As a result of being PRINCE2® certified, you will get more recognition and credibility from your peers and organisation.Best Practice: You know what it takes to manage projects in the most efficient way possible and thus you can implement your ideas on the same, The certification adds value to your career, which in turn makes you a valuable asset to your company.PRINCE2® Vs PMP®Both PRINCE2® and PMP® are two well-acclaimed certifications in Project Management. They comprise of different ideas that are special in their own way. It is really difficult to ascertain which one of these two is better and proves itself as the best choice for an individual in Project Management.Let us have a look at the similarities between these two and compare them with each other Conclusion.Similarities:Both deliver the methods of project management.The prime focus is to manage projects with efficiency.Both are well-known throughout the world.In order to complete both the certifications, proper training and evaluations are to be conducted and completed successfully.Comparisons:PRINCE2®PMP®It is a methodology including processes and templates in details.It is based on PMBOK, which is not a methodology but a standard.It is more applicable to the IT industry.It is a general knowledge base for project management and relevant to many industries.It originated in the UK and is widely accepted in Europe and Australia.It was born in the USA and is very popular in North America, the Middle East and Asia.It has three levels: Foundation, Practitioner and Professional.It has only one level.A Project Manager is a mediator between the project and the control board.A Project Manager is the one responsible for the outcome of the project.ConclusionAs we come to the end of our discussion, you do realise that the PRINCE2® Certification requirements give you a proper head start to realise what exactly you need to become a PRINCE2® certification professional.It is quite evident that you will need proper training to help you clear the examination, even if this point is not mentioned in the requirements. So, you will require to choose an accredited and certified training provider to guide you throughout the term of certification. Good luck on your ventures ahead!

Get PRINCE2® Certified

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Get PRINCE2® Certified

Gone are the days when one can stay satisfied with one’s job and stay relaxed about securing one’s future. Nowadays, it is no longer an ‘An easy and relaxed life’ anymore. Things have changed a lot and will keep doing so. It is a ‘Dog-eat-dog world’ where the competition is as fierce as it can possibly be.

So what does one need to grow in one’s career? A tool that gives an advantage over others. Project management is the key to ensure that the project triangle is properly maintained which results in keeping the budget, scope, and timely delivery in check. This also unites the team and keeps everybody on the same page. Projects being delivered effectively on time creates a positive impact on the entire organisation as well.

To do that, we need a methodology. PRINCE2® is one of those methods, excelling in which will take you to that next level in handling a particular project for any organisation in the most effective manner. It is the most frequently-used project management method and will offer you the confidence to manage your project effectively with success.

In this article, we will discuss what PRINCE2® certification holds, the requirements needed to apply for the same, the benefits involved, and the proper procedure to apply for the examination.

If you are interested to know about the above, then you have reached the right place.

So, let us begin.

What does the PRINCE2® Certification hold for you?

PRINCE2® is made up of 7 principles, themes, processes, and project environment. The method used aids in managing projects with success no matter what the size and scale of a project are.

PRINCE2® includes the following:

  • The PRINCE2® manual – Managing Successful Projects with PRINCE2® 2017 Edition
  • A Certification Scheme to help you reach either the ‘Foundation’ level or the ’Practitioner’
  • A Membership subscription facility.

To get PRINCE2® certified, you need to know that there are four levels in PRINCE2® Certification:

PRINCE2® Certification levels

Even if there are four levels of certifications for PRINCE2®, the first two, PRINCE2® Foundation, and PRINCE2® Practitioner are the most sought after and the prerequisites vary for each of them.

Let us have a look at each of their requirements and what you will learn from them.

  • PRINCE2® Foundation qualification will educate you with the principles of PRINCE2®, its themes, terminology, and the way you will be able to implement PRINCE2® methodology to a project environment supporting PRINCE2®, thus making you an informed member of a project management team.

Prerequisites:

There are no specific pre-conditions for the Foundation level certification.

  • You may study this on your own or as take it as a prerequisite to the PRINCE2® Practitioner course
  • However, with respect to PRINCE2® Certification Requirements, while it is not mandatory, having a basic knowledge of managing projects is always preferred.

In that way, training in PRINCE2® will prepare you for the Foundation level certification in a much better manner in familiarising you with the methods, terms, and concepts.

  • PRINCE2® Practitioner qualification will prepare you to apply PRINCE2® methodology in running and managing a project in an environment which supports the idea of implementing PRINCE2®. Once are able to do so, you will be able to apply PRINCE2® accordingly to take care of the requirements and issues that emerge from a specific project scenario. This results in you getting a comprehensible knowledge about relating PRINCE2® principles with its themes, processes, and PRINCE2® products, and understand them at the same time.

Prerequisites:

To go for this course and examination, you will need to provide proof that you  passed one of the following:

  • PRINCE2® Foundation
  • Project Management Professional (PMP®)
  • Certified Associate in Project Management (CAPM)
  • IPMA Level A (Certified Projects Director)
  • IPMA Level B (Certified Senior Project Manager)
  • IPMA Level C (Certified Project Manager)
  • IPMA Level D (Certified Project Management Associate).

Only present-day certifications will qualify as a prerequisite.

  • PRINCE2® Agile Foundation qualification comes into the picture once you are aware of what PRINCE2® processes, themes, and principles are, will educate you about governing PRINCE2® and an extensive range of agile concepts. It is similar to PRINCE2® Foundation and after being qualified, you will be able to understand how PRINCE2® 's methodology goes hand in hand with agile concepts while being an informed member of an agile project team simultaneously.
  • PRINCE2® Agile Practitioner qualification teaches certified project managers on how to combine PRINCE2®'s structure, governance, and control with agile methods, techniques and approaches to get an effective result.

Prerequisites:

Just like PRINCE2® Practitioner, you will need to furnish proof of having passed one of   the following:

  • PRINCE2® Foundation (or higher)
  • Project Management Professional (PMP®)
  • Certified Associate in Project Management (CAPM)
  • IPMA Level A (Certified Projects Director)
  • IPMA Level B (Certified Senior Project Manager)
  • IPMA Level C (Certified Project Manager)
  • IPMA Level D (Certified Project Management Associate).

Like before, only current certifications will qualify as a prerequisite.

However, all the levels of certification have the same examination style and structure.

Who can go for PRINCE2® certification?

Who should attend PRINCE2 Certification

Anybody can use PRINCE2® to manage their projects. If you are a project designer, or into the development and delivery of projects, then you will find this certification very helpful. Moreover, if you currently are a project manager or planning to become one, then PRINCE2® certification is the one for you.

The PRINCE2® Foundation certification is for professionals who want to indicate that they can be an informed and effective member of a project management team by knowing PRINCE2® methodology, its themes, principles and processes within a PRINCE2®  supporting environment.

Moreover, the PRINCE2® Foundation Certification also acts as a prerequisite for professionals who want to get PRINCE2® Practitioner or PRINCE2® Agile certified.

The PRINCE2® Practitioner Certification is for professionals who have sufficient knowledge about PRINCE2® methodologies and the application of the same, working effectively and actively with a project management team in a specific scenario and within a PRINCE2®  supporting environment.

What are the PRINCE2® training options?

  • You can attend classroom training or study online
  • Visit this Axelos link or the PRINCE2® website to find a local PRINCE2® Classroom Training or Online Training centre.

Tell me about the PRINCE2® Certification examinations.

Now that we have discussed the requirements of the PRINCE2® Certifications, let us understand the style and structure of the PRINCE2® Certification examinations to help you know how to pass it.

Understanding the examination format

It is quite normal to have lots of questions about the examination format, as this is one of the most crucial inquiries.

PRINCE2® examinations are either undergone:

  • As a part of a PRINCE2® accredited training course through your PRINCE2® training provider
  • Online
  • At a public PRINCE2® examination centre.

Regardless of which option you choose, the style and structure of each examination remain nearly the same.

First, we will cover the examination structure. Let us go through them one by one.

PRINCE2® Foundation Level Certification Examination 2009:

  • The duration of the examination is 60 minutes.
  • It includes 75 questions.
  • You will need 50% to pass the examination. So you will need to get at least 35 out of the total 70 questions correct. Please note that 5 of the questions are for trial and are not counted in your final score.
  • It will have a ‘Multiple Choice Question’ pattern.
  • There is no negative marking.

PRINCE2® Foundation Level Certification Examination 2017:

  • The duration of the examination is 60 minutes
  • It includes 60 questions
  • You will need 55% to pass the examination. So you will need to get at least 33 out of the total 60 questions correct
  • It will have a ‘Multiple Choice Question’ pattern
  • There is no negative marking
  • There will be a Reference Book: Managing Successful Projects with PRINCE2® publication, 2017 edition. But, it will be a closed book examination
  • There will be various types of questions: You may be given the regular question pattern with 4-Answer options, or filling a missing word type or pick 2 correct statements from a given list of 4 statements.

But you might be wondering how the 2009 Certification differs from the 2017 version, and if either the requirements or the content has changed. Well, here is what is new about PRINCE2® 2017:

  • It has a revised PRINCE2® Guidance
  • Emphasises the approach in the methods of managing projects using the same 7 principles, themes and processes
  • Customises PRINCE2® for the specific organisational and environmental need
  • Focuses on the relationship between themes and principles
  • Redraws ‘Themes’ to include pertinent and specific examples of tailoring
  • Provides more examples of practical application of methods and guidance to enable you to use for project management
  • Has become even more a ready reckoner and reference for all aspects of managing projects
  • Puts more emphasis on membership for practitioners and foundation level certification holders to stay up to date and validate their certifications.

Now, let us analyse the PRINCE2® Practitioner examination requirements as well.

PRINCE2® Practitioner Level Certification Examination 2009:

  • Type of questions: Objective
  • There will be 8 questions – 10 question items per question, each worth one mark
  • You will need 55% to pass the examination. So you will need to get at least 44 out of the total 80 questions correct
  • The duration of the examination is 150 minutes (2 and a half hours)
  • It will be an open book examination (Official PRINCE2® manual only).

You might get this question about what you will need to do if you have a 2009 certificate, that whether you will need to reappear for the examination in the new 2017 format or wonder what the PRINCE2® certifications might reflect.

If you hold a 2009 credential, you will not need to appear for the examination again!

But, as the update was made to add more best practices or make subtle adjustments to the existing content, it is good to have an understanding of the revised material.

This can be done by:

Purchasing the 2017 PRINCE2® manual:

  • Take AXELOS membership
  • Go through the FAQs published on AXELOS website
  • Be a part of the AXELOS community account.

PRINCE2® Practitioner Level Certification Examination 2017:

  • Type of questions: Objective
  • There will be a total of 68 questions
  • You will need 55% to pass the examination. So you will need to get at least 38 out of the total 68 questions correct
  • The duration of the examination is 150 minutes (2 and a half hours)
  • It will be an open book examination (Official PRINCE2® manual only).

What is the outcome of being certified as a PRINCE2® Practitioner?

When you become a certified PRINCE2® Practitioner, you demonstrate your ability to implement PRINCE2® methodology in multiple environments for any kind of project, and according to the specifications of your organisation. That is why, in project management, PRINCE2® Foundation certification level remains as one of the crucial requirements to pursue the Practitioner level.

About the validity of the Practitioner certificate:

Although the PRINCE2® Foundation certificate has lifelong validity,  the Practitioner Certificate is not. It will expire three calendar years from their original certification.

You either will need to resit for the Practitioner examination or renew your certificate through a subscription to My PRINCE2®.

Here are the criteria that you need to meet within the three-year period, to make sure that you stay updated through My PRINCE2®:

  • Join My PRINCE2® within three months of passing your Practitioner examination and renew your subscription every year during the three-year period. The membership fee is £50.00 + Taxes per year.
  • You will need to maintain the PRINCE2® digital badge which you will get as a part of My PRINCE2® during the three-year period. During that period of time, you will require to earn 20 CPD points each year in the prescribed categories to be eligible for the renewal extension of your badge.

This will result in you getting your Practitioner certificate renewed for a further three years.

You will have the one year’s subscription included with your PRINCE2® Practitioner certificate.                My PRINCE2® is an online subscription to the latest resources and content assisting you to apply everything that you learned during the PRINCE2® Practitioner examination to the workplace, as well as sharpening your skills and knowledge in line with future innovations in project and programme management.

What are the benefits of being registered My PRINCE2®?

As a My PRINCE2® subscriber, you will have access to:

  • PRINCE2® templates and publications to apply ‘PRINCE2® best practice’
  • A CPD toolset to keep your certificate up-to-date.

Axelos will contact the successful candidates with a discount code. When contacted, the chosen candidates should have opted into AXELOS’s Successful Candidates Register at the time of examination registration. For any relevant enquiries, the candidates can email Axelos at membership@axelos.com.

What is My PRINCE2®?

My PRINCE2® is the go-to best practice subscription for project management professionals. It provides you with every possible practical help, easily accessible support, and professional approval to develop your project management career.

You will get easy access to:

  • PRINCE2® 2017 and PRINCE2® Agile official online guidance
  • PRINCE2® 2017 templates to support you with every project
  • Exclusive white papers
  • Member’s discounts to industry publications, training courses, and events.

But what are PRINCE2® digital badges?

Digital badges are tokens that look like icons. They are granted to imply that you have reached an accomplishment. It is a simple process to verify and share information online. Your digital badge contains and reveals information regarding the activity of your professional improvement along with the issue date and an expiry date.

AXELOS authorises this information and delivers it using metadata to avoid alterations. Employers and recruiters can use these badges to verify an individual’s credentials and can act as a differentiator.

Your badge will show the highest certification that you hold. For example, if you hold both a PRINCE2® Foundation and PRINCE2® Practitioner certification, then you will receive a PRINCE2® Practitioner badge.

What is the outcome of being certified as a PRINCE2® Practitioner?

When you become a certified PRINCE2® Practitioner, you demonstrate your ability to implement PRINCE2® methodology in multiple environments for any kind of project, and according to the specifications of your organisation. That is why, in project management, PRINCE2® Foundation certification level remains as one of the crucial requirements to pursue the Practitioner level.

Cost of PRINCE2® certifications

Firstly, the components involved in the PRINCE2® certification cost are:

PRINCE2 Certification Cost Components

  • PRINCE2® Training
  • PRINCE2® examination
  • Cost of Sample Examination papers
  • Study Guide
  • Membership fee.

From PRINCE2® Foundation to PRINCE2® Practitioner, the training and examination costs change from country to country and from one accredited training organisation to another. All the fees are approximate values and you will need to contact the accredited training organisations to check the exact costs.

The components involved in the PRINCE2® certification cost are:

  • PRINCE2® Training
  • PRINCE2® exam
  • Cost of Sample Examination papers
  • Study Guide
  • Membership fee.

Choosing a PRINCE2® course online results in the cost of your training component in PRINCE2® being as low as under $300. Do keep in mind to go for a PRINCE2® Foundation & Practitioner Certification examinations bundle. By doing so, you will get access to the entire course that will last for a year. Some training providers do provide such courses for just $60 if you desire to finish the same in one month’s time. Generally, you could have to pay around $900 for the Foundation examination, but if you get one of those combined courses featuring both PRINCE2® Foundation & Practitioner Certification examinations, then you automatically would end up paying much less on the PRINCE2® certification.

Nevertheless, if you decide to attend classroom training, then you may have to pay around $1000 for your PRINCE2® certification. Quite some of these PRINCE2® courses cover the cost of the PRINCE2® Foundation & Practitioner Certification examinations. So do make a note of the cost of the PRINCE2® certification if you intend to go for PRINCE2® training. On top of that, do pay attention to the extent of course coverage, flexibility and the bundled services that each accredited training organisation has to offer. Doing so will help you save money on the cost of PRINCE2® certification.

PRINCE2® course online

Going for a PRINCE2® course online will help you save a lot of money on the cost of PRINCE2® examination. The online course for PRINCE2® Foundation level may cost you €450 or more. However, the classroom session may cost €1000 or higher. So, in this manner, you will be able to cut down on the cost of the PRINCE2® examination if you choose for the online course.

PRINCE2® Examination and Certification Info

Info/ Examination typeFoundationPractitioner
Question typeObjectiveObjective
Certification familyPRINCE2®PRINCE2®
Conducted byPEOPLECERTPEOPLECERT
Created byAXELOSAXELOS
LevelFoundationAdvanced
Re-certificationNot requiredRequired
Number of questions6068
Time allotted60 minutes150 minutes, 180 minutes for languages other than English
Marks to qualify33 out of 6038 out of 68
Closed/Open bookClosed bookOpen book Only the manual is allowed
Examination Languages66

The languages that the examinations are held in are:

Different languages in prince2 Examinations are held

  • Dutch
  • English
  • French
  • German
  • Norwegian
  • Polish

You can check the PEOPLECERT website for more information.

Choosing the test centre and scheduling/rescheduling/cancelling the examination

Follow these steps in order to register for the examination and choose the examination centre.

Benefits of Certified PRINCE2

  • Via Pearson Vue:

Step 1: Visit the link:

https://www.peoplecert.org/browse-certifications/project-programme-and-portfolio-management/PRINCE2®-2/PRINCE2®-2017-foundation-2232.

Step 2: Scroll to the bottom of the page and look for the header ‘Take the Exam’.

Step 3: At the bottom right corner of the screen, under ‘Approved Test Centre’, click ‘Pearson Vue’.

Step 4: You will be taken to the page of Pearson Vue

Step 5: At the right-hand side of the page, you will see a host of options. You will need to sign in or create an account to schedule, reschedule or cancel an examination.

Step 6: To find a test centre, look just below where you are asked to sign-in and you will need to either  click on ‘Find a Test Center’ or ‘Find a test center on a military base’ to search for the test centre according to your choice.

Step 7:  Proceed with the chosen test centre to schedule the examination date that you prefer.

  • Via Prometric:

Step 1: Repeat step 1 from above.

Step 2: Scroll to the bottom of the page and look for the header ‘Take the Exam’.

Step 3: At the bottom right corner of the screen, under ‘Approved Test Centre’ click ‘Prometric’.

Step 4: You will be taken to the page of Prometric:

Step 5: At the top of the page you will find four options:

  • ‘Schedule My Test’: Click this option if you want to schedule the day and date of your examination.
  • ‘Locate A Test Center’: Click this option if you want to find the test center according to your choice.
  • ‘Reschedule/Cancel My Test’: Click this option if you want to reschedule the day of your examinations or cancel it.
  • ‘Confirm My Test’: Click this option if you want to get a confirmation on the test centre, the day and date when your examination will be held.

PRINCE2® Syllabus

In order to excel in the PRINCE2® certification examinations, you will need to know exactly what will be taught in the certification courses. We will go through the syllabus of both the PRINCE2® Foundation and PRINCE2® Practitioner certification levels.

PRINCE2® Foundation Syllabus:

The PRINCE2® Foundation examination intends to test your capability to understand how Prince 2 methodologies work in a project and to be able to act as an informed member of a project management team using the PRINCE2® methodology within a project environment.

You will need to exhibit that you have a proper understanding of the principles of the method and terminology. You must be able to:

  • Explain the purpose and major content of all roles, the seven principles, the seven themes, and the seven processes
  • Mention which management products are to be included as input or output from the seven processes
  • State the main purpose, and key contents, of the major management products
  • Tell the relationships between processes, deliverables, roles and the management dimensions of a project.

PRINCE2® Practitioner Syllabus

The Practitioner is the second of the two PRINCE2® examinations that you require to pass to become a Registered PRINCE2® Practitioner.

This PRINCE2® examination test your ability to be able to understand and implement PRINCE2® in running and managing of a project within an environment supporting PRINCE2®. You will require to show that you have what it takes to excel to get qualified with the Foundation certification. You need to demonstrate that you can fine-tune PRINCE2® to address the requirements and issues of any given project scenario. You should be able to:

  • Elaborate all the principles, themes and processes and examples of all PRINCE2® products that are worked on, in the manner they might be applied to address the particular situation of a given project scenario
  • Show that you do understand how principles, themes, processes, and PRINCE2® products are related to each other and can implement the same
  • Demonstrate that you do understand the reasons behind the principles, themes, and processes of PRINCE2® and the principles assisting these elements
  • You must be able to fine-tune PRINCE2® to different project circumstances.

Now, after knowing all about getting PRINCE2® certified, you definitely will be curious to know how this certification benefits you.

Here are the benefits of getting PRINCE2® certified:

  • Growth in career: Both levels of certifications, be it PRINCE2® Foundation or PRINCE2® Practitioner, boost your career in the best manner possible. If you think you fill in all the checkboxes of the PRINCE2® Certification Requirements, then PRINCE2® certification should become one of your most sought after resolutions.
  • Increase in salary: As it is a much sought after credential, PRINCE2® definitely increases your chances to get a raise.
  • Professional Recognition: As a result of being PRINCE2® certified, you will get more recognition and credibility from your peers and organisation.
  • Best Practice: You know what it takes to manage projects in the most efficient way possible and thus you can implement your ideas on the same, The certification adds value to your career, which in turn makes you a valuable asset to your company.

PRINCE2® Vs PMP®

Both PRINCE2® and PMP® are two well-acclaimed certifications in Project Management. They comprise of different ideas that are special in their own way. It is really difficult to ascertain which one of these two is better and proves itself as the best choice for an individual in Project Management.

Let us have a look at the similarities between these two and compare them with each other Conclusion.

Similarities:

  • Both deliver the methods of project management.
  • The prime focus is to manage projects with efficiency.
  • Both are well-known throughout the world.
  • In order to complete both the certifications, proper training and evaluations are to be conducted and completed successfully.

Comparisons:

PRINCE2®
PMP®
It is a methodology including processes and templates in details.
It is based on PMBOK, which is not a methodology but a standard.
It is more applicable to the IT industry.It is a general knowledge base for project management and relevant to many industries.
It originated in the UK and is widely accepted in Europe and Australia.It was born in the USA and is very popular in North America, the Middle East and Asia.
It has three levels: Foundation, Practitioner and Professional.It has only one level.
A Project Manager is a mediator between the project and the control board.A Project Manager is the one responsible for the outcome of the project.

Conclusion

As we come to the end of our discussion, you do realise that the PRINCE2® Certification requirements give you a proper head start to realise what exactly you need to become a PRINCE2® certification professional.

It is quite evident that you will need proper training to help you clear the examination, even if this point is not mentioned in the requirements. So, you will require to choose an accredited and certified training provider to guide you throughout the term of certification. Good luck on your ventures ahead!

KnowledgeHut

KnowledgeHut

Author

KnowledgeHut is an outcome-focused global ed-tech company. We help organizations and professionals unlock excellence through skills development. We offer training solutions under the people and process, data science, full-stack development, cybersecurity, future technologies and digital transformation verticals.
Website : https://www.knowledgehut.com

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PMI-ACP professionals are therefore in huge demand as they can bring in project management best practices in Agile environments and ensure project success.  Benefits of getting PMI-ACP certifiedThe shortage of Project Managers has increased job opportunities in the Agile environmentYou will qualify for Agile jobs with expertise in Agile methods like Scrum, FDD, Kanban, etc. which are in demand in the industryEarn salaries in the range of $108,000 on an averageEquips you with knowledge of various Agile methodsMakes you more marketableTop companies that hire PMI-ACP professionalsStandard CharteredOracleIBMVMWareSource: IndeedWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI® Who should take the training for certification?Project ManagersProject PlannersQuality Assurance StaffDevelopers/ProgrammersDesigners, TestersProject ControllersProduct OwnersScrum MastersScrum Team MembersEligibilityTo apply for the PMI-ACP®, candidates must meet the following requirements:1. General Project Experience2000 hours of working on project teams within the last 5 years or having an active PMP®/PgMP® credential2. Agile Project Experience1500 hours of working on Agile Project Teams or with Agile Methodologies, in addition to “General Project Experience” above;3. Training in Agile Practices21 contact hours earned in Agile PracticesExam FormatNo of questions: 120 MCQ, of which 20 are pre-testDuration: 3 hoursDuration to get certified: Once you complete the course, you need to schedule the exam date. Exam applications have to be submitted and approved by PMI. Online applications m ay take upto five business days to get processed. Once your application is processed, you can schedule your exam date, and on passing receive the PMI-ACP credential.Course fee for certification: INR 10,999, USD 1099Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationFor members: $435Non-members: $495Retake fee for certificationMembers: $150Non-members: $200SummaryProject Management is among the most sought after job roles, not only in the tech industry but any industry that executes and manages projects. By 2027, 88 million individuals will need to be skilled in project management-oriented roles. This makes it among the hottest job trends in the coming years, and a credential will go a long way in helping you capitalise on this trend.
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Best Project Management Certifications in 2021

While nothing can replace industry work experience... Read More

Project Contracts – A Vital Legal Binding

One of the key knowledge areas discussed in the Project Management Professional (PMP®) certification is Procurements Management. As part of project procurements management a project manager is mainly expected to be able to initiate, execute and manage projects based on the project contracts. This article is an attempt to discuss about project contracts, to discuss the importance of such contracts and to give an introduction to types of contracts as a precursor to subsequent articles. The PMBOK® defines a contract as follows. “Contract represents a mutually binding agreement that obligates the seller to provide the specified products, services or results, and obligates the buyer to provide the monetary or other valuable consideration in return. A contract can also be called an agreement, understanding, undertaking or a purchase order.” (PMBOK® 5.0) Any project involves two or more parties. One main party that is the buyer and the other the seller. In addition to these there can be other 3rd party elements that are not directly involved in the contract but are interested in or are impacted by the same. The contract between the buyer and the seller happens to protect the interests of the two parties entering into the agreement. The seller provides goods or services to the buyer for which the buyer compensates the seller monetarily or through other financial or non-financial means.   A contract is a formal agreement between the two parties and it is a legal binding amongst the two entities. A formal contract must be in written format and can be used even in court of law in the case of either party failing to honour their commitment or in the case of an appeal against any misdeeds. Dishonouring contracts may actually lead to settlements even in court but should ideally be settled mutually among the disagreeing parties, most probably through a mediator called an ‘arbitrator’. Normally in large organizations contracts are managed by a separate contract manager or a procurements manager. The management of contracts are done in 2 separate ways namely; centralized contracting and decentralized contracting. In centralized contracting, one contract manager manages all the contract related matters for multiple projects. This requires expertise in contracting, standardization of contracting practices across the organization and more focused management of contracts. In decentralized contracting, separate contract managers are allocated to manage the procurements for individual projects. This results in full time management of contracts and the contract manager must report progress to the project manager. This results in more focused management of project contracts and with time creates specialized expertise in contracting. However, this may result in duplication of contracting expertise and less standardization of contracting practices across multiple projects in the company. There are three main types of contracts. They are Cost Reimbursable OR Cost Plus, Time and Material or Unit Price and Fixed Price or Lump Sum contracts.  The applicability and use of these contract types based on the type of project, complexity and the parties involved may decide on variations based on the charges involved in order to ensure that the contract terms are mutually beneficial for the two parties. Hence, these contracts vary based on the cost, time and price.  A cost plus or cost reimbursement contract is a contract in which the contractor is reimbursed or paid all the actual expenses they incur when carrying out the work. In addition to this they are also allowed to charge an extra fee allowing them to obtain a profit. For example a contractor taking up building a contract may claim resource costs as well as any miscellaneous expenses incurred for travel, food, purchases as well as charge an additional amount from the customer in order to make a profit from the tasks carried out. A fixed price contract on the other hand does not depend on the resources utilized or time expended. A fixed amount is agreed upon between the contractor and the customer where the amount is paid to the contractor even if the resources expended is lower or higher than the agreed upon amount. Time & material contract is where the contracting party is paid only for the amount of time or resources spent. For example if there is a software development firm which assigns 4 resources for a project on a T&M basis the company will be paid an hourly rate for each resource based on the amount of time they spend on tasks in the project.  Each contract type has its own pros and cons for both the contracting and implementation party. For example a fixed price contract is suitable for an organization as they would know the amount due before hand and know that they won’t end up paying extra if the triple project constraints are not met. Similarly, a time and material project may be suitable for both parties, as amount will be charged only based on the amount of work done in the project and for the time spent. Advantages and disadvantages of each contract type depend on the context. Thus, it is important for stakeholders involved in projects to negotiate on contracts wisely.
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Project Contracts – A Vital Legal Binding

One of the key knowledge areas discussed in the Pr... Read More

How much does a PMP® Certification cost?

 Are you planning to take the PMP® certification exam soon? If yes, you should take the next step by starting with the application process. But before that, you need to have a clear idea about the costs which are included in the process of getting PMP® certified.  PMP® is considered as one of the most valuable and high demand certifications in the project management category. Having a PMP® certification under your belt will introduce you to the world of greater opportunity and lucrative salaries. But PMP® is a tougher exam compared to other certifications and requires more preparation to pass the exam.There are multiple items to consider when you try to find out the cost involved in the PMP® certification process. The PMP® certification costs include the application and exam fees plus any other additional costs associated with preparing for the exam.It is not just about the PMP® Exam feeYou need to pay an amount of $555 as the exam fee to sit for your PMP® certification exam. But you can bring it down to $405 by becoming a PMI member. But this is not the only cost involved in the PMP® certification cost. The costs can further be explained in the following points:1. Become a PMI member:It is not necessary for you to become a PMI member to sit for your PMP® certification exam. But the benefits of getting a membership with PMI is more than the membership fee. The annual membership fee along with the first time registration fee is $139. You can save $150 on the exam fee itself by becoming a PMI member.Apart from the exam fee, you get a free copy of the latest edition of PMBOK® Guide and other standards or guides published by PMI which you need to be thorough with in order to pass the PMP® examination. Further, you can gain the required PMP® PDUs for free by watching the webinars and joining the annual online conferences which are exclusively available for the members.2. PMP® certification exam fee:Once you become a PMI member, you need to pay $405 as the PMP® certification exam fee to take the computer-based exam at your nearest Prometric exam center. But it is $555 for non-members.You can take up the PMP® certification exam three times in the one-year eligibility period. Again, if you are a PMI member, you just need to pay a PMP® re-examination fee of $275 whereas, the non-members need to pay $375.3. PMBOK® Guide:As a PMP® aspirant, you shouldn’t consider only the PMBOK® Guide to be the syllabus of PMP® exam. It is an official reference book for the PMP® exam. It is recommended for every aspirant to read the PMBOK® Guide more than once while you prepare for your PMP® exam. The content of the PMBOK® Guide can be found in the real PMP® exam. The current cost of PMBOK® Guide is $47.98.Got a PMI membership? Then you can download the free copy of the PMBOK® Guide from the PMI website.4. Earning 35 contact hours by attending the Project Management Training Course:You need to complete 35 hours of project management course work to sit for the PMP® exam. Taking up a Project Management Training Course can help you to earn these 35 contact hours. The cost of these courses ranges based on the training provider. You need to spend around $1,000 to meet this requirement.5. PMP® exam reference books:As you know that PMP® certification exam consists of a complex exam pattern and you need to be well prepared to clear it at one go. You can get access to reference books both in hard copy and online. These resources contain tons of project management knowledge which proves helpful while you prepare for your PMP® exam.6. Practice Exams and Mock Tests:Taking PMP® sample exams plays a pivotal role in your PMP® exam preparation. These mock tests and practice exams prove as a good resource to test your readiness for the exam. Further, these mock tests will help you understand the techniques of time management which is an important factor while writing your PMP® certification exam.7.Renewing your credentials:You can’t stop your quest once you get your PMP® certification. Your PMP® certification is only valid for three years and you need to renew your credentials before it gets invalid. So, you need to pay $150 to renew your credential every three years. However, you can bring down this cost to $60 by becoming a PMI member.Confused? The following chart will help you to get a clear understanding of the costs involved in your PMP® certification:Sl. No.PMP® Certification Cost (Different Cost Aspects)Costs1PMI Membership fee along with joining fee$1392PMI Membership renewal fee$129 per year3PMP® Certification Exam fee for PMI members$4054PMP® Certification Exam fee for non-members$5555Rescheduling fee for PMI members$2756Rescheduling fee for non-members$3757PMBOK® handbook cost for membersFree8PMBOK® handbook cost for non-members$50 on Amazon9Cost of study guides and resources$40 to $10010Cost of practice tests$60 to $10011Renewal cost of PMP® certification for PMI members$6012Renewal cost of PMP® certification for non-members$150Online PMP® trainingWon’t it be great if you get access to PMP® certification training from your preferred location? You can make it possible by opting for online PMP® certification training. The e-learning course provided by the R.E.P.s give you access to innumerable mock tests and exam revisions. Few of the features of such courses are as follows:35 PDUs on completion of 35 hours of e-learning15 audio-visual modules covering all course topics from PMBOK® Guide13 hours of online contentPMP® eBook in downloadable format and PMP® exam blueprintA question bank on all knowledge areasTips and tricks to pass PMP® in the first attempt.PMI Talent Triangle™ BundleYou need to continue your learning and development in order to maintain your PMP® certification. The PMI® has set a 60 PDU requirement which you are expected to meet in order to continue your PMP® journey. As a PMP® certification aspirant, won’t you be happy to get all the course which you need to fulfill your PDU requirements in a bundle? You need to earn 35 PDUs in the Education category and meet the following minimum requirements, as per the PMI Talent Triangle™  skill areas:Education PDUs - Minimum Talent Triangle RequirementsCertificationTechnical PDUs RequiredLeadership PDUs RequiredStrategic PDUs RequiredRemaining PDUs - across any area of PMI Talent TriangleTotal Minimum RequiredPMP8881135The activities and courses included in the three components of the PMI Talent Triangle™ are as follows:TechnicalLeadershipBusiness & Strategic ManagementLife Cycle ManagementCoaching & MentoringCustomer relationship & satisfactionTime, Scope, Risk ManagementProblem SolvingBenefits RealisationEstimationTeam BuildingLegal & Regulatory complianceAgile PracticesEmotional IntelligenceStrategic planning & analysisGovernanceConflict ManagementOperational FunctionsData gathering and modelingBrainstormingBusiness acumenEarned value managementInfluencingCompetitive analysisPerformance ManagementListeningMarket awarenessInterpersonal skillsBusiness models and structuresThe best way to earn 35 contact hours of PMP® trainingYou can get access to PMP® certification training in three different methods. They are classroom training, instructor-led training, and self-learning method. All the mentioned modes have their own pros and cons, but self-learning is considered as the cheapest of all the three courses.You can choose between self-learning mode or instructor-led mode to take your online training. There are numerous R.E.P.s in the market who provide such training and help you attain 35 contact hours to fulfill the PMI requirements.You should consider the following important factors while searching for the best online platform for your PMP® certification training:Is the training provider a registered training body?Will you be provided with 35 hours certificate?Is the training provided in English?What is the duration of the eLearning access?Salary of a PMP® certified professionalAfter knowing about all the costs which you need to bear in order to get PMP® certified, won’t you love to know about what lies ahead of it? Here are five jobs for project management professionals in the US with the highest paid salaries.1. Pharmaceutical project management professionalA Pharmaceutical Project Manager works with researchers, doctors, and engineers to ensure that the research and development stay on schedule and on budget. He or she is responsible for overseeing the development of new medication for the treatment of diseases and other health problems. The average annual salary of a Pharmaceutical Project Manager based in the US is $131,833.2. Resources project management professionalA Resources Project Manager works toward making the process of extracting and growing natural resources by working with farmers, mining, and oil companies and eliminating waste as well as improving communication. He or she looks into the procurement of natural resources for efficient delivery to end consumers. The average annual salary of the Resources Project Manager based in the US is around $129,368.3. Consulting project management professionalFrom environmental engineers to sales managers, a Consulting Project Manager works at all the levels of the industry and they work on a case-to-case basis. He or she works with the goal to furnish industry expertise and advanced knowledge to the client in order to lead their project to success. A Consulting Project Manager earns an annual average salary of $129,208 in the US.4. Aerospace project management professionalThe job description of an Aerospace Project Manager includes working with designers and engineers to ensure the delivery of the new aircraft on time and on budget. His or her focus areas include quality control and risk management. The average annual salary of the Aerospace Project Manager based in the US is $121,923.5. Engineering project management professionalAn Engineering Project Manager communicates with clients to ensure the quality of the end product as demanded by the client. The annual salary of the Engineering Project Manager based in the US is $121,769 per annum.To concludeAs you can see, the PMP® certification involves a lot of other costs other than the exam cost itself. There is a cost involved in all the processes which you need to go through in order to get PMP® certified. But these costs can vary from person to person and the country you are residing in. Further, adding a PMP® certification to your collar exposes you to better career opportunities and higher salaries.
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How much does a PMP® Certification cost?

 Are you planning to take the PMP® certification... Read More

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