pmp certification cost in hyderabad
The cost of PMP (Project Management Professional) certification in Hyderabad can vary based on several factors, including the training provider, the mode of study (classroom or online), and the materials included. As of my last knowledge update, the total cost typically ranges from INR 25,000 to INR 50,000 for comprehensive training courses, which often cover the PMBOK Guide and include exam preparation resources. Additionally, candidates must also pay for the PMP exam fee, which is approximately $405 for PMI members and $555 for non-members. It's important to consider that some training institutes may offer package deals that include both training and exam fees, providing an all-inclusive option for candidates looking to obtain their certification.
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1 - Course Fees: The training fees for PMP certification programs in Hyderabad typically range between INR 25,000 to INR 50,000 depending on the institute and the training package offered.
2) Duration of Training: Most training programs last for 5 to 7 days, and the cost may vary based on the duration of the course and the number of instructional hours provided.
3) Additional Study Materials: Some training providers include study materials such as books, notes, and practice exams in their fees, while others may charge extra.
4) Online vs. Classroom Training: Online PMP training may be more affordable, often costing around INR 15,000 to INR 30,000, while physical classroom training might be on the higher end due to venue and infrastructure costs.
5) Discounts and Offers: Many training centers provide early bird discounts or group discounts for students enrolling together, helping to reduce overall costs.
6) PMI Membership Discounts: Becoming a member of the Project Management Institute (PMI) grants a discount on the certification exam fees, which can offset the overall investment in PMP certification.
7) PMP Exam Fee: The examination fee for the PMP certification (as of 2023) is around USD 405 for PMI members and USD 555 for non members, which translates to approximately INR 30,000 to INR 41,500 in local currency.
8) Re examination Fees: If a candidate needs to retake the PMP exam, re examination fees also apply, typically USD 275 for members and USD 375 for non members.
9) Certification Maintenance Costs: Once certified, PMPs need to earn 60 PDUs (Professional Development Units) every three years, which may involve additional costs for courses and training.
10) Quality of Training Centers: The reputation and quality of the training institute can influence costs; established centers with experienced trainers may charge higher fees but offer valuable insights and training.
11) Corporate Sponsorship: Many organizations sponsor their employees for PMP certification, which can significantly reduce or eliminate the costs for individuals.
12) Location Based Variance: PMP training costs in Hyderabad may vary depending on the locality and the competition among training institutes.
13) Payment Plans: Some institutes offer flexible payment options or installment payment plans to help manage the financial burden.
14) Inclusion of Mock Tests: Some training programs include mock tests in their packages, which are essential for exam preparation, adding to the value.
15) Networking Opportunities: Training programs may also provide opportunities to network with other professionals, which can indirectly support career growth and return on investment.
16) Outcome Focused Training: Institutes that promise higher pass rates on the PMP exam may charge a premium, as they focus on outcomes and guarantee comprehensive preparation.
These points provide a detailed overview of the cost considerations for pursuing PMP certification training in Hyderabad.
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