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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? 9841
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 fee

PMP® Exam fee
You 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)Costs
1PMI Membership fee along with joining fee$139
2PMI Membership renewal fee$129 per year
3PMP® Certification Exam fee for PMI members$405
4PMP® Certification Exam fee for non-members$555
5Rescheduling fee for PMI members$275
6Rescheduling fee for non-members$375
7PMBOK® handbook cost for membersFree
8PMBOK® handbook cost for non-members$50 on Amazon
9Cost of study guides and resources$40 to $100
10Cost of practice tests$60 to $100
11Renewal cost of PMP® certification for PMI members$60
12Renewal cost of PMP® certification for non-members$150

Online PMP® training

Won’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-learning
  • 15 audio-visual modules covering all course topics from PMBOK® Guide
  • 13 hours of online content
  • PMP® eBook in downloadable format and PMP® exam blueprint
  • A question bank on all knowledge areas
  • Tips and tricks to pass PMP® in the first attempt.

PMI Talent Triangle™ Bundle

You 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 Requirements
Certification
Technical PDUs RequiredLeadership PDUs RequiredStrategic PDUs RequiredRemaining PDUs - across any area of PMI Talent TriangleTotal Minimum Required
PMP8881135

The activities and courses included in the three components of the PMI Talent Triangle™ are as follows:

TechnicalLeadershipBusiness & Strategic Management
Life Cycle ManagementCoaching & MentoringCustomer relationship & satisfaction
Time, Scope, Risk ManagementProblem SolvingBenefits Realisation
EstimationTeam BuildingLegal & Regulatory compliance
Agile PracticesEmotional IntelligenceStrategic planning & analysis
GovernanceConflict ManagementOperational Functions
Data gathering and modelingBrainstormingBusiness acumen
Earned value managementInfluencingCompetitive analysis
Performance ManagementListeningMarket awareness

Interpersonal skillsBusiness models and structures

The best way to earn 35 contact hours of PMP® training

You 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 professional

Salary growth of PMP
After 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 professional

A 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 professional

A 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 professional

From 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 professional

The 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 professional

An 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 conclude

As 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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9 Steps To Becoming a PMP® Certified Professional

The growing complexity of industrial challenges has led to a crisis of human resources who can meet the demands of projects across the globe. PMP® certification offered by PMI is designed on rigorous standards and ongoing research to enable you to meet the real-world challenges of organisations.Project Management Professional (PMP)® certification is the gold standard of project management certification which is developed by practitioners for practitioners. If you are getting curious about how can a certification help you to be in demand for various organisations across all industries, then you have picked the right spot to clear your doubts.Become a PMP® Certified Professional in 9 stepsIf you are planning to take up the PMP® certification exam soon then the following 9 steps will surely help you to plan your schedules to clear the exam at the first attempt: Step 1 - Begin with the PMP® Handbook The PMP® Handbook is a guide to all your queries about the procedures for applying and taking the exam. It consists of all the information that you need about the process of taking the PMP Exam and become a PMP® certified project manager. Step 2 - Fulfill the prerequisites to become a PMI certified project managerYou must fulfill the following educational and experience requirements in order to take the PMP® exam:If you have a high school diploma, an associate degree, or the global equivalent of these, then you must hold a minimum of 60 months of unique, non-overlapping project management experience. Moreover, you should have spent at least 7,500 hours of these 60 months in leading and directing project tasks.If you have a bachelors or its equivalent in your country then you must possess a minimum of 36 months of non-overlapping and unique project management experience of which you must have spent 4,500 hours in directing and leading project tasks.You must also show 35 contact hours of project management training in both cases.Step 3 - Become a Member of your local PMI Chapter Once you get a PMI membership, you realise that the discount is bigger than the membership fee. Apart from the free PDF version of PMBOK® Guide and discount on PMP® Exam, you stay updated with information related to PMP Prep Workshops once you become a PMI member.Moreover, you also get an opportunity to network and interact with the new and seasoned PMPs which increases your chance to clear your exam at the first go.Step 4 - It’s time to sign up for your PMP ExamI am sure, you will agree that exam preparations work better when there’s a deadline. Start with your PMP application procedure by visiting project management institute to register and then filling up your PMP Credential Application. You need to submit the same to PMI for approval. Once you receive your confirmation number, you can schedule your exam on the Prometric website.Step 5 - Study the PMBOK® GuideOnce you start preparing for your PMP® certification exam, you can use PMBOK® Guide as your primary reference. According to most trainers, one can find the correct answer for around 75% of the PMP® exam questions in the PMBOK® Guide. So, you must treat it as a resource and read it thoroughly.Step 6 - Get study materials for self-studyAs mentioned above, PMBOK® guide will give you a rough knowledge about the answers for your PMP® certification exam. So, apparently, you will have to use other study materials to cover up the gap. You can download the same from the internetYou can also try the self-study courses like PM PrepCast which will also help you to earn a certificate for the PMI-required 35 contact hours which you can’t earn by reading books.Step 7 - Attend a PMP® WorkshopPMP® workshops for 2 to 6 days are conducted by PMI Chapters, universities, and training companies around the world. These workshops give you an opportunity to interact with the instructors and other students to help you clear your queries about the PMP® certification exam.Step 8 - Answer Sample PMP® Exam questionsThere are numerous free sample questions which are available on the internet and you can use the same to check your learning curve. You should also keep a track of your scores to see where you are.Step 9 - Take the examAfter all the hard work, it’s time for you to appear for your PMP® certification exam. Don’t skip the short tutorial on how to use the computer and the software at the beginning of the exam to avoid a blunder.PMP®  Certification: Why should you get one?‘Professionals with a PMP® certification garner a higher salary (20% higher on average) than those without a PMP® certification’; Earning Power: Project Management Salary Survey Ninth Edition. Well, this statement might have answered one of your major queries. Having this PMI certification under your belt helps you to land up in any industry, anywhere in the world, and enable you to work with any project management methodology.    So, if you meet the following eligibility requirements as an experienced project manager then you should go ahead with adding this certification to your collar:Responsible for all aspects of the project for the life of the project and perform duties under general supervision.Deliver projects within the constraints of resources, schedule, and budgets by leading and directing cross-functional teams.Demonstrate sufficient experience and knowledge to appropriately apply a methodology to projects that have reasonably well-defined project deliverables and requirements.The PMP® certification enables you to understand and speak the global language of project management and connects you to a community of experts, organisations, and professionals worldwide to become a project hero.The Misconception About PMP® Certification Cost A common misconception prevails among all the PMP® aspirants about the PMP® Certification cost that it only consists of the exam fee. But least does anybody thinks about the other costs involved in it. The PMP® exam fee for the members and non-members of PMI are $405 and $555 respectively. Then other factors responsible for the cost of PMP® Certification are as follows:Online training cost for PMP® certificationPMP® classroom trainingPMI membership fee and joining feePMI membership renewal feePMP® Certification Exam feePMBOK Handbook cost for non-membersCost of study guides and resourcesCost of practice testsRenewal cost of PMP® certificationOnline and classroom training for PMP® certification: It gets very tricky when it comes to clearing your PMP certification exam at the first attempt. So, to be at a safer side you can choose between online or classroom PMP® training from any leading training provider in the market.The features and costs of these training might vary for every training provider. Also, this gives you the opportunity to meet the 35 hours of training requirement which you need to qualify for your PMP® certification exam.PMI Membership fee and joining fee: You need to pay a processing fee of $10 along with a membership fee to the PMI chapter to avail the PMI membership. Now, did you know that you can bring down your fee for PMP® certification exam, Re-examination, and CCR certification renewal by becoming a PMI member?Other than this, you can get free access to PMBOK® Guide, save money on globally recognized certifications and more, master new skills through free events and webinars, stay ahead of deadlines using 1,000+ free tools and templates, and make local as well as global connections.Cost of learning resources and PMBOK®: As soon as you get a PMI membership, you get access to a free version of the latest version of PMBOK® which a foundation standard for project management developed by Project Management Institute. Other than that, you require additional materials to prepare for your PMP® certification exam which costs you between $40 to $100.You can also buy practice tests for $60 to $100 which will give you a fair idea about the test format for PMP® certification.Renewal cost of PMP® certification:Once you get a PMP® certification, that’s not the end. Your credentials are valid for only three years and you need to renew it after that. You can renew your certification by paying $150 which can be brought down to $60 by getting a PMI membership.Maintain your PMP® certification with 60 PDUsGetting PMP® certified is not the end of your journey, as it is only valid for 3 years. You need to maintain your PMP® certification by earning 60 PDUs to fulfill the Continuing Certification Requirements (CCR).You can earn these PDUs by engaging yourself with various professional development activities which center around the areas of Education and Giving back to the Profession. You can also earn your 60 PDUs at one go by signing up for a 60 PDU bundle online training program offered by an established Registered Educational Provider.The way beyond PMP® CertificationGetting a PMP® certification opens your door towards a promising career. A PMP certified professional earns 20% more than a non-PMP certified professional. The following list consists of the country-wise industries along with the average salary earned by the Project Managers:CountryIndustryAverage PMP SalaryAustraliaAgriculture/Mining$166,000AustraliaFinancial services and Consulting industry$150,000United StatesPharmaceuticals$125,000United StatesAgriculture/Mining, Consulting$120,000CanadaAgriculture/Mining$115,000CanadaUtilities$110,000IndiaAgriculture/Mining, Healthcare$25,278IndiaTelecommunication, Engineering$23,874Salary of a Project Manager: Certified Vs Non-CertifiedGetting a PMP® certification apparently contributes towards increasing your annual earning. A non-certified Project Manager may earn up to $91,000 whereas, this figure can go up to $111,000 by adding a PMP® certification to your collar. However, even work experience contributes to an increase in salary for a PMP® certified professional but this growth is not uniform across the globe. Singapore tops the list where the difference between a three-year experienced and a twenty-year experienced PMP® certified professional is 177%.Your salary can also vary based on the type of job you are in. The salary of a PMP® certified professional is higher in IT. The following figures show the salary of  PMP® certified professionals by job in the United States:JobSalary RangeProject Manager  (Information Technology)$65,161 to $125,836ProjectManager (General)$57,877 to $122,485Program Manager$68,150 to $139,552Further, the size of the company also plays a key role in determining the salary of a PMP® certified professional. The following table will give you a clear idea of how the salary figures increase with the company size:Company SizeSalary Range1-9$94,72450-199$93,614600-1999$103,697>5000$111,620ConclusionIf you wish to grow in the field of Project Management, then getting a PMP® Certification is the best way to do that. Also, you can avail a lot of discounts and networking opportunities by becoming a PMI member. Further, it gives you access to the free PDF version of the latest PMBOK® Guide.  To conclude, this blog gives you a clear idea of how to begin your PMP® certification journey. Moreover, you also get a glimpse of the professional future which lies ahead of PMP® certification.
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9 Steps To Becoming a PMP® Certified Professional

The growing complexity of industrial challenges ha... Read More

How Do I Maintain My PMP® Certification?

Did you get PMP® certified? Congratulations! It is not an easy feat to go through all the hard work in order to get your PMP® certification. But your credential is valid for only three years. You must participate in the Continuing Certification Requirements (CCR) program of PMI to keep your credentials active.As a PMP® credential holder, it is recommended by the Project Management Institute (PMI) to earn 60 PDUs (Professional Development Units) every three years. The CCR program encourages every PMP® certified professional to undergo educational and professional development activity. One PDU is equivalent to one hour of time that you spend in a Professional Development activity. There are multiple ways to earn these PDUs.Maintain your PMP® certification with CCR and PDUsEarning your PMP® certification is a big step but maintaining it should not be a big issue for you. The Continuing Certification Requirements (CCR) program offered by PMI is designed for you to grow and develop the skills that organisations are seeking in the present market scenario and at the same time you can maintain your certification status.CCR is an easy-to-use online tool through which you can report your PDUs. The Professional Development Units (PDUs) can be calculated in blocks of one hour of time that you spend by learning, teaching others, or volunteering. You can maintain your PMP® certification status with PMI by accumulating and tracking these PDUs over a three-year period.You need to earn 60 PDUs in order to maintain your PMP® certification exam. You can claim the required PDUs in two forms. They are:EducationGiving backPMP® Certification renewal feesOnce you meet the PDU requirements of CCR, you can complete the renewal process of your credential at any point of the cycle. You will receive an electronic notification to apply for PMP® certification renewal after PMI confirms that you have met the PDU requirements. You will be directed to submit the renewal fee payment on the online certification system as soon as you receive the notification. You should keep in mind that you must submit the payment in no later than 90 days after your cycle end date.The CCR renewal fee for members and non-members are as follows:PMI Membership StatusCCR Renewal FeePMI member$60Non-member$150Ways to earn PDUs through Educational activities - PMI Talent Triangle™`Research shows that the ideal skill set which the practitioners need to possess should comprise of technical, leadership, and strategic and business management competency. This is called the PMI Talent Triangle™. These competencies can be explained as:Technical project management: This competency comprises of the knowledge, skills, and behaviors related to specific domains of Project, Program, and Portfolio Management.Leadership: This competency comprises of the knowledge, skills, and behavior specific to leadership-oriented, cross-cutting activities that help an organisation to achieve its business goal.Strategic and business management: This competency includes the knowledge and expertise required in the industry or an organisation that enhances performance and delivers the business outcomes in a better way.The courses and activities included under the three components of the PMI Talent Triangle™ for the candidates to meet the 60 PDU bundle requirement prescribed by PMI are as follows:TechnicalLeadershipStrategic and Business 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 structuresYou can choose from one of the following options under Education in order to earn the 35 PDUs under the CCR program offered by the Project Management Institute (PMI)®:1. Course or TrainingThe courses or training refers to the Instructor-led formal education courses or classes held in-person or online. Taking up the educational training courses is one of the effective and traditional ways to learn. You can choose the best-suited option from the plethora of options offered by PMI and third-party providers across the globe to earn 1 PDU of every hour of instruction:Training courses offered by a PMI Registered Education Provider (R.E.P)Face-to-face and instructor-led courses from PMI SeminarsWorld®Educational events held by PMI chapterAcademic education through programs accredited by the PMI Global Accreditation Center (GAC)Courses offered by other third-party providersE-learning On Demand courses.2. Organisation MeetingsThe activities, meetings, and local events are referred to as organisation meetings which provide you with an opportunity to learn and network with the other professionals. You can earn 1 to 2 PDUs by attending the events organised by PMI throughout the year.3. Online or Digital MediaThis comprises of the self-paced learning conducted online or through varied forms of digital media. You can customise your learning and educational opportunities according to your needs and suitability with the help of technology. There are numerous educational webinars, videos, and other types of digital content available online and on demand. You can earn 1 PDU by attending 1 hour of learning. The opportunities available through these resources are as follows:ProjectManagement.comPMI Online CoursesPMI Registered Education Providers (R.E.P.s).4. ReadDid you know that you can earn PDUs for your CCR by reading? Yes, you can do that through self-directed reading that is relevant to your PMP® certification. Reading is one of the valuable components of learning and there are numerous reading resources available that is related to the profession. You can choose from articles, books, whitepapers, or blogs to keep yourself updated in order to support your ongoing professional development.5. Informal LearningYou can also earn PDUs to maintain your PMP® certification by taking part in educational opportunities which focus on structured discussions. Sometimes, you get to learn from interaction with others. Also, 1 hour of learning under informal learning is equivalent to 1 PDU.Ways to earn PDUs by giving back to the professionYou can expand your knowledge and skills both personally and professionally while earning your PDUs to maintain your PMP® certification by giving back to the profession. This can prove to be a unique and great way to expand your horizons.Choose from the following ways to earn your PDUs by giving back to the profession:1. Work as a PractitionerYou can claim 8 PDUs per cycle by working as a practitioner and working in a domain area related to your certification. This enables you to apply your skills and knowledge in a practical setting. It also allows you to contribute to sustaining and growing the profession. These PDUs are only applicable to your current cycle and cannot be transferred.2. Create ContentDid you know that you can give back to the profession by creating content? Yes, you can earn PDUs to maintain your PMP® certification by creating new knowledge resources for practitioners as well as the public at large. You can share your insight and knowledge with others and contribute to their ongoing learning by developing knowledge resources. You can earn 1 PDU by spending 1 hour on creating content and can create new content in the following ways:Authoring booksWriting articles or blogsCreating webinars or presentations.3. Giving a PresentationThere are many occasions like PMI chapter event, professional conference, or within your organisation where you can give a formal presentation to others and share the knowledge which you have gained during your PMP® certification journey. You can earn 1 PDU by spending 1 hour in giving a presentation.4. Share KnowledgeYou can help others learn and grow by sharing your domain knowledge. You also contribute towards the growth of the profession and enhance the practices that are essential to your certified role by sharing your skills with others. Even if you are involving yourself in mentoring, teaching, or applying your subject matter knowledge towards an activity, but others will be benefited from your experience and perspective.5. VolunteerPMI has an active community of thousands of volunteers who offer their support to the Institute and the profession by working in a wide range of roles. You can earn PDUs to maintain your PMP® certification by offering your domain-related services as a volunteer to non-employer or non-client organisations. 1 hour of volunteer service is equivalent to 1 PDU.Volunteering options offered by PMIAre you trying to figure out a volunteering option to meet your CCR? There are numerous ways in which you can advance your career by contributing to PMI as a volunteer. These volunteering opportunities encompass a wide range of skills, interests, and goals.PMI helps you to search for volunteering opportunity easily around the world with the help of their Volunteer Relationship Management System (VRMS). So, pick the right opportunity for you from the following options:PMI Board of DirectorsBoard Support CommitteesPMI Educational Foundation (PMIEF)Member Advisory Groups (MAGs)Region MentorsStandards CommitteesExam Development VolunteersPMI Awards EvaluatorsPresenters at PMI EventsPMI Publication Reviewers (Knowledge Shelf, Bookstore reviewers, Project Management Journal® reviewers)Chapter Volunteers.PMI Local ChaptersBecome a member of your local PMI Chapter by paying a registration fee of $129 and a joining fee of $10 and take advantage of the knowledge and networking offered by it. The benefits of joining the local PMI Chapter are as follows:1. Get access to the inner circle of local Project ManagersGrow your network with the other professionals who are driving the field of project management forward. The group might vary from those who have just started to those at the top of their careers.2. Get easy access to exclusive events and seminarsAttend the chapter meetups and special guest talks to learn about the approach to facing new challenges from the professionals who have overcome similar obstacles in the past.3. Discover relevant job opportunitiesGet an opportunity to build your network with the local Project Management Professionals and get connections in companies located in your area to find new opportunities.To wrap it upEvery professional has got different goals and interests, in the same way, there are different types of requirements across various industries. As you have read above, PMI offers a plethora of opportunity to you in order to meet the CCR program, enabling you to explore new options and new avenues.You can choose the opportunities from education and giving back to the profession that suits you the best in order to fulfill the 60 PDU requirements to maintain your PMP® certification. You can read more about the Continuing Certification Requirements (CCR) by clicking here. Going further, getting a PMI membership exposes you to multiple opportunities which you can take in order to meet your CCR requirements.
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How Do I Maintain My PMP® Certification?

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All You Need To Know About PDUs Under PMI Talent Triangle™

Earning a PMP® certification is a big step in your professional growth. But that’s not the end of your PMP® certification journey. You need to renew your credentials every three years in order to continue being PMP® certified by meeting the PDU requirements under PMI’s Continuing Certification Requirements (CCR).  The increasingly competitive and complex global market demands more than technical skills from you. Companies seek added skills in business intelligence and leadership to meet long-term strategic objectives. The PMI Talent Triangle™ involves the ideal skill set and is a combination of technical, leadership, and strategic and business management expertise. You must develop these employer-demanded skills to stay relevant and competitive in the current market scenario.This blog will discuss how you can maintain the required PDUs under the CCR program by acquiring all the competencies mentioned under the PMI Talent Triangle™.PMI Talent Triangle™ and PDUsPMI continuously tries to keep its project management certifications relevant to the industry and organisation needs. And in order to do so, it takes inputs from industry veterans to keep updating the content and pattern of exams. The Project Management Institute (PMI) developed and announced its Talent Triangle™ in the year 2015. PMI clearly declared the areas of competence that a current-day project manager needs to consider.The combination of skills valued by employers as highlighted by the PMI Talent Triangle™ are technical, leadership, and strategic and business management. This framework plays a pivotal role in your ongoing professional development.The competencies can be defined as follows:1. Technical: This competency comprises of knowledge, skills, and behaviours related to the specific domains of program, project, and portfolio management. It involves the technical aspects of performing your job or role.2. Leadership: This competency comprises of the knowledge, behaviours, and skills involved in the ability to motivate, guide, and direct others to achieve a goal.3. Strategic and Business Management: This competency comprises of the knowledge and expertise within the organisation which helps you to align your team in a way that enhances performance and ensures better delivery of business outcomes.You must renew your PMP® certification after a period of every 3 years. Project Management Institute (PMI) simplifies this process by awarding Professional Development Units (PDUs) which you need to claim by continuing education and giving back to the profession.The Professional Development Units (PDUs) are one-hour blocks of time which you need to claim by learning, teaching others or volunteering. You can maintain your certification status with PMI by accumulating these PDUs over a period of 3 years.You can claim the PDUs for renewing your credentials in two ways, namely, education and giving back to the profession. The PDUs under these categories are as follows:CategoryPDUsEducation35Giving back to the profession25The activities and courses included under 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 structuresThere are numerous options available under education and giving back to the profession which allows you to earn the required PDUs to meet the CCR program confirmed by PMI:CCR Claim CategoryActivity DetailsEducationAttend Course or Training (Physical Classroom/online)EducationOrganisation Meetings (Max 2 PDUs)EducationOnline or Digital MediaEducationOnline or Digital Media Self-Read - Reading Project ManagementEducationInformal learningGiving BackWork as a Practitioner - Working in your certified role (Max 8 PDUs)Giving BackCreate content - Creating new knowledge resourcesGiving BackGiving presentationsGiving BackShare Knowledge - Mentoring, Teaching, Allying KnowledgeGiving BackVolunteer - At PMI or other not for profit organisationThe educational activities are aligned with the areas under the PMI Talent Triangle™ by spending at least 8 hours of effort or claim 8 PDUs for each one of Technical, leadership, and strategic areas. Do you need more clarification on the PDUs distributed across all the three areas?The following chart will give you more clarity:Activities in Giving BackPDUs to maintain your PMP® certificationCreate Content - Creating new knowledge resources, giving presentation, and share knowledge25 (Maximum)Volunteer - At PMI or other not for profit organisation25 (Maximum)Work as a Practitioner - Working in your certified role8 (Maximum)Total PDUs for giving back25Ways to earn PDUs through EducationYou can earn PDUs under the CCR program by choosing from numerous opportunities and ways provided by PMI. They are:1. Course or training: You can earn PDUs by participating in educational training courses, which is a traditional and effective way to continue your learning. Earn 1 PDU by attending 1 hour of course or training and you need to report each course separately.2. Organisation meetings: PMI chapters and other third parties host professional meetings throughout the year on a local basis. These meetings include educational components and provide you with the opportunity to learn and network. PDUs which you can earn by participating in the organisational meetings are typically limited to 1 to 2.3. Online or digital media: There are numerous online educational webinars, videos, and other types of digital content which are available online and on demand. Technology allows you to customise your learning and educational opportunities according to your schedule and needs. Every hour of learning is equivalent to 1 PDU.4. Read: You can stay informed and support your ongoing professional development by reading books, articles, whitepapers, or blogs. Reading is a valuable component of learning and you can find countless reading materials related to PMP® certification. You earn 1 PDU with every hour of learning.5. Informal learning: Engage yourself in professional discussions with other PMP® professionals and earn PDUs while getting mentored or participating in a “lunch and learn” session with your organisation. 1 hour of learning is equivalent to 1 PDU.Ways to earn PDUs by giving back to the professionIn order to meet the required PDUs under the CCR program, you need to choose from one of the following ways or opportunities offered by PMI under the category of giving back to the profession:1. Work as a Practitioner: You can apply your knowledge and skills in a practical setting and use these competencies actively in order to contribute towards sustaining and growing the profession. You can earn a maximum of 8 PDUs which can be claimed per cycle.2. Create Content: You can create new content by authoring books, blogs or articles, or creating webinars or presentations to share your knowledge and insight with others and contribute to ongoing learning. You can earn 1 PDU by spending 1 hour creating the content.3. Give a Presentation: There are numerous occasions which would allow you to give a formal presentation to others, and share knowledge that relates to your PMP® certification. You can earn 1 PDU every hour which you spend giving presentation.4. Share Knowledge: Were you aware that you can gain 1 PDU with every hour which you spend sharing knowledge? You grow the profession and enhance the practices that are essential to your certified role by sharing your skills with others. You will benefit others with your experience and perspective by choosing to mentor, teaching, or applying your subject matter knowledge towards an activity. With every hour that you spend sharing knowledge, you can earn 1 PDU.5. Volunteer: You can serve as a volunteer on a PMI committee or team and support the institute and the profession in a wide range of roles. You can also volunteer your domain-related services to other non-profit organisations. With each hour of volunteer service, you can earn 1 PDU.Report your PDUs using CCRSThe most efficient way to record your PDUs is by using the Continuing Certification Requirement System (CCRS). It is your responsibility to record your PDU activities as they occur. In order to maintain your active certification status, you must record PDUs and complete the renewal process before your CCR cycle ends. Your certification will be suspended if you do not earn and record the required PDUs within your CCR cycle.CCR ProcessDo you want to know, how the CCR process works? There are a few key steps that encompass the process of participation in the CCR program. They are:Step 1Earn a PMI certificationYour CCR cycle begins on the day you pass your PMP® exam and lasts for 3 years.Step 2Participate in professional development activitiesYou need to take part in professional development activities in order to earn PDUs.Step 3Record and report PDUsYou need to submit your PDU claims for your certification through the CCR system (CCRS).Step 4Fulfill CCR requirementsYou need to earn enough PDUs in order to meet the CCR requirements for your certification.Step 5Complete CCR application and pay renewal feeYou’ll receive information from PMI for renewal and provide paymentStep 6CCR Renewal CompleteYou need to follow guidelines in order to continue maintaining your certification.To wrap it upAs a PMP® certified professional, you must understand that PMI wants to ensure that PMP® exam is an accurate reflection of the knowledge, tasks, and skills that project management professionals actually need to perform on a daily basis. Further, 20 to 25% of the 200 questions are driven from the new outline changes that come into the picture through the PMI Talent Triangle™. It focuses on aligning the exam questions with the latest project management practices in the market.The Continuing Certification Requirement (CCR) program allows you to maintain your PMP® certification by earning a specific number of PDUs fixed by PMI. You need to fulfill the requirements by undergoing activities and courses under the two categories, namely, education and giving back to the profession. Moreover, you need to align your 35 PDU requirements with the three skill areas under the PMI Talent Triangle™, namely, technical, leadership, and business and strategic management.     
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All You Need To Know About PDUs Under PMI Talent T...

Earning a PMP® certification is a big step in you... Read More