If you want to get some good information about the fees for the PMP exam, then this article is the one. In the article below, you can find all the answers about the doubts that a person usually gets when it comes to the examination fees.
Why Is This PMP Exam Important?
When it comes to the PMP, this is said to be one of the most important as well as the most valued certification for this kind of project management profession. This certification is said to be one of the most recognized certifications for all the people who all are working in the project management field.
The PMP Certification has got many benefits in itself, and one of the most important thing in this is it helps in increasing the salary along with the interaction with the community of organizations, professionals and other experts worldwide. It is seen that the certification for the PMP fee usually gets varied depending on the following conditions.
- Non-PMI Members
- PMI Members
- Renewal of PMP Certification
- Re-Renewal of PMP examination
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Descriptions For PMP Exam Fees
If you are planning to go for the PMP examination, then the first thing that you need to do is to go for filling your PMP application. After that, PMI needs to approve this application, and for this, you need to be eligible if you want to give this exam. When your PMP application got approved, it is seen that you will get about one-year of PMP exam eligibility and in this period of 1 year, you can appear for the PMP exam for about three times. If you get fail in your very first attempt, then you will get discounted fees for the next two attempts.
To make it clear for you, here is the structure of this fees distribution. (Source)
PMI Member fees
Non-PMI Member fees
PMP first attempt examination
PMP first attempt examination
PMP first attempt examination
PMP next attempt exam
About PMI Member Fees
If you want to know more about the membership fees for the PMI exam, then it is only $129. For this, you will get only a one-time $10 membership application fee. In this, it has got three categories for which you need to pay a different amount of money.
1. PMI Normal Membership Fees
If you are interested in for the PMI member fees and you want to renew it in a better manner, then you need to pay the annual renewal fee for the same. The annual renewal fee for getting this membership is $119 for all PMI-members. When your membership has been expired, then you have to rejoin PMI, and during this period you will be coming under new member. To get the membership, you need to pay $129 fees in which $10 is included as the application fee.
2. PMI Student Membership Fees
If you are interested in getting a membership, then you must start enrolling for this. This is a full-time degree based program at the college or even at university. In this, you need to pay an amount of $32.
3. PMI Retiree Membership
If you want to consider this for the membership, then you must have got the PMI member for good standing which is for five or more than five years. In this, you have to pay an amount of $65.
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Components for PMP Exam Cost
When it comes to the PMP exam, it is seen that it has got a lot of components for the PMP exam costs. In this exam, it has got a total of 35-hour project management program, PMI membership fee. PMP exam fee and also the cost of preparation resources. Here is the list of the important component in this section.
1. Training Cost
The main component of this PMP exam is the exam cost. This cost is seen to be flexible and also negotiable. This is because the cost of the exam solely depends on the provider. As a result, it comes very hard on the PMP online Certification.
2. Fees for the Exam
The next component that needs to be addressed by you is the cost of the exam. You need to pay about $555 and this for non-PMI membership, and if you have got the PMI membership, then you need to pay only $405.
3. The Membership Fee for PMI
To become a member of this, you need to pay near to a fee of $139 for the one-year subscription. So, if you are thinking about the PMP exam cost, then the exam fee is said to be the main component in which there is no change when you are locating this. You can go for saving about $10, and this is for the member.
4. Watch About the Cost of the Resources
When you are planning for the PMP Study Guide, then it is seen that it will be added up with PMP exam cost. Due to this, the cost is said to varying as it depends on the soft copy or even hard copy. The main component of this is the PMP exam cost. It will start to vary as per the edition, author, and other versions as well.
How can you Renew the PMP Certification?
If you need maintaining the PMP certification, then for this you need to go through some steps. These steps are mentioned below.
- You need to earn as well as then report about 60 PDU in the three years of the certification cycle.
- You need to fill and complete the important section on the application for renewal.
- After doing all the above, you need to pay for the PMP renewal fees which can be done for receiving the confirmation from PMI.
The renewal cost for the PMP certification solely depends on membership. It means that if you are a PMI member, then for renewing the certificate, you need to pay around $60. If you are a non-PMI member, then you need to go for $150 renewal fees.
What is the Refund Criteria for PMP Exam Fees?
If you want to get the refund money for PMP exam fees, then here is the list of thing you need to do for that.
- If your PMP certification has got selected for audit and then failed after that PMP will deduct $100 from the exam fees, and rest amount will get to you.
- In case if you have passed the audit but you did not write the exam then you can ask for the cancellation of exam fees. But you need to request for this before PMP exam expiration date.
- If you have failed in the exam, then your amount will not get refunded.
- In case if you have taken the exam after eligibility criteria expiration date, then you will not get any refund money.
- If you have not attended your scheduled exam, then you will not get any refund due to this.
These are the conditions that you need to go through before you go for asking the refund money for the PMP examination.
With all this information for the PMP exam fees in the above article, it is hoped that you will get all the ideas and answers to your doubts that you have got when it comes to the PMP exam fees. Hope you will get benefits from this article.