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PMP 7th Edition and its Impact on the PMP Exam

  • by Mr. Bharani Kumar
  • January 20, 2020
  • 211

Introduction

  We are currently living in a world where the dynamics of each profession are changing every day and we are struggling to keep up with them. The internet is revolutionizing our lives every day. Every company is looking for dynamic individuals who can maintain and live up to the company’s great standards.

  The internet is now accessible to everyone and we can get access to other professional training content other than the academic studies we already do. So the internet has added an extra dimension to our studies. This has led to an increase in the level of people with professional skills. So, the companies have become more selective regarding who they keep in their company.

In this case, you need to have something that will set you apart from the crowd, so the companies will be attracted to you. In this scenario, the most beneficial course is PMP certification.

Now, the question arises about what PMP certification is. PMP stands for Project Management Professional. As the name suggests, this certification course is aimed at training individuals in the art of project management and this is something that is needed for any kind of large-scale enterprise or company you work in.

Since companies are always on the lookout for skilled individuals, having a PMP certification on your resume would surely be a game-changer.

What is a PMP course?

The project Management Professional(PMP) course is designed to train the students in the techniques and methods of managing a large-scale commercial project. Every company strives on projects and if they see that you are already equipped with the knowledge of handling projects on a professional scale, then it will distinguish you from the other candidates because you will need no training for the project management skills.

The PMP certification course involves different concepts and topics that are necessary for learning to become a professional project manager. The professional world is very competitive, and everyone is on a lookout for skilled individuals who are specialists in their fields. A PMP certification course is very beneficial for your professional career.

A PMP course is readily available nowadays and can be accessed by anyone in exchange for minimal fees. However, this course is way more complex than the other online courses you might be familiar with and requires a great deal of education and practice to be successful at it. The final 200-question exam is very difficult and can only be passed if you have given proper dedication and time to the subject matter.

What is the PMP training?

PMP is a very complex course, so it needs much dedication and hard work to excel at it. Does it sound like a lot of hard work just for an online certification course?

Well, the certification exam is not the most difficult part of your course. The difficult and one of the most vital parts of the whole certification course is the PMP training. The training involves ample curricula that provides you experience with handling the professional problems that any large-scale company would have to face.

The PMP training is very important for the whole curriculum because it's the part that provides you with the experience of handling real-world professional problems. Getting an academic study of the professional problems involved with project management is one thing, but facing the same problems in the real world is completely different.

So, these trainings are crucial for bringing you face-to-face with the real-world challenges that you will confront while working in a company and handling large- scale projects. The training has different types depending on the curriculum you choose. You can customize the curriculum according to the requirements of your career. Hence, the training you receive will be different based on the type of curriculum you are following.

Details about PMP certification

PMP certification has recently gained popularity, so several sources are offering courses for obtaining a certification. This certification is very prestigious in the professional arena and besides adding your value to the commercial market, you will be able to access professional business networking sources and you can create your own extensive network marketing channel with exponential returns.

Getting a PMP certification is very complicated because the subject matter is very difficult, and you need to have the required skill set to ace the examination. The final 200-question examination is very difficult, and you are eligible to receive the PMP certification only if you score 67% in the exam.

The PMP courses offered by different sources are very dynamic and you can choose the correct certification according to your corporate needs. You can customize the course regarding the projects you are going to handle and the training will be provided accordingly. The training provided for PMP certification will bring you face-to-face with the real-world professional scale problems that you are likely to face in the future. At the end of the training, the student will be given a professional scale project that they need to complete to receive the PMP certification and be eligible for the final exam.

The final and most crucial stage of the whole PMP certification is the final examination. The final exam is very difficult and tests the complete conceptual knowledge of the students. The final exam score should be 67% at the minimum for the student to complete the certification course. But you don't need to be afraid of the PMP exam-if you have worked hard on the course and absorbed all of the material, then the exam will be easy enough for you to pass. But if you are still concerned a little, then the details about the PMP exam are given below.

The whole exam is composed of 200 questions that test the ability of the students. However, the marking is done on 175 questions only and the rest of the 25 questions that are spread throughout the exam are given for testing the intelligence and problem-solving skills of the students.

As the PMP exam is computer-based, the results are available immediately after the completion of the four-hour-long exam. But the results do not show any marks. It just tells you if you have passed or failed the examination. Also, it lists the proficiency level of the student in the various domains that are tested through the exam.

 

  • Project initiation
  • Project planning
  • Project execution
  • Project analysis
  • Project monitoring
  • Project launch and closure

 

How to get PMP certification in India

Now that you have an understanding of the PMP certification course, the next query that should be addresses is how to apply for PMP certification in India. Most of the sources are online and the only institute currently offering PMP certification courses in India is the PMI or Project Management Institute. So the same institute which offers the certificate worldwide also offers the certificate in India. The only thing different is that there are many institutes, online and offline, which offers training for PMP course.

The process of applying is very simple and is done through the online medium, so the hassle is minimal. First of all, the eligibility criteria is a little different for this certification. Instead of evaluating the total marks you received in your last major examination, the eligibility criteria is met based on the proficiency level of the student in the different domains in PMP.

The application form needs to be filled out online with all the necessary information like student details, qualifications and experience in the various domains and if they have any education in the different domains under PMP.

The evaluation of your application form takes 5 to 10 days. Once you clear the evaluation process, then you will have to go through the audit round where a group of experts will evaluate your domain experiences to make sure that the qualifications are genuine. Once you have been cleared for admission, you will be provided with the payment details and you then need to pay the admission fees. The final step is to enter the final test and succeed at it to secure a place in the institution for acquiring the PMP certification.

How much does PMP certification cost?

 

The PMP certification is the most esteemed certification among working professionals and as mentioned earlier, the course has started gaining much popularity in recent years, thanks to the internet. So this has led to a certain increase in the cost of PMP certification. Also, the cost of materials and resources provided in the course is very advanced, and therefore, the increased prices are pretty standard.

The eligibility criteria and esteem of the course are very high, so the costs are also high. You have learned the different aspects involved in the PMP certification course and are also familiar with the application process. So, the next question to be answered is how much does the PMP certification cost?

The cost for PMP certification is mainly divided into 2 sub-sections which are the exam cost and the other expenses required for preparation and study materials. The main starting cost that you need to pay is the membership fees of PMI. If you are already registered as a member of PMI, then you need to pay just $405. But if you are going to be a new member, then you will have to pay $550. After you have become a registered member of the PMI, the next thing that you purchase is the exam materials and the study resources required for the preparation of the exam. This cost varies from person to person, depending on the curriculum they have chosen, and this rate is an average of Rs.15000 to Rs.18000.

How much are PMP certification fees?

So far, we have covered the domains of the PMP certification, its eligibility criteria and the costs incurred for applying and taking the exam. But the costs we discussed so far are the costs that we face for pursuing the course. However, there are some other costs for the PMP certification fees that are charged by the PMI for pursuing this course.

Apart from the cost of pursuing the PMP certification course, there are also some fees charged by the PMI for studying the course and most notably, the examination fees. The exam fees depends on the PMI membership status of the students. For the students who are already a member of the PMI, they need to pay only $405 for the PMP exam fees, while the non-member students need to pay $555 as the exam fee.

The PMP certification course costs are different for people depending on the time they spend on the certification. Once you have paid the PMP certification fees, you will have a total of 3 attempts to clear the whole certification exam. Every time you reappear for the exam, you will have to pay a certification fee, but it will be less than the initial payment.

Once you successfully pass the PMP certification exam, you are eligible to receive the original fees back with a deduction of $100, which is kept as a charge for audit processing.

What is the PMP certification?

We have been discussing so much about the PMP certification-its domains, fees, and the certification eligibility and the hard work you need to put in for excelling at the course. But what is the professional value offered for a PMP certification?

The PMP certification, as it must be clear by now, holds extreme importance in the eyes of the industrialists because it's an international qualification that provides you the experience and knowledge about the handling of big projects whether nationally or internationally.

But the above statement can be a little too vague, so to be more clear, it can be stated that the PMP certification is a standard recognized by the industry as an essential skill for the project managers working at MNCs or any large-scale company.

Project management skills are very crucial for any enterprise and the industrialists are always on the lookout for the individuals who can excel at this particular avenue. So, people with a PMP certification are always favored when it comes to hiring for prime positions at the different large-scale firms and companies.

How to get PMP certification in India?

The PMP certification course has gained immense popularity all over the world including India, which is one of the largest developing nations, has also seen a considerable rise in the number of candidates interested in participating in the PMP certification courses. So, the question that comes to mind is how to get PMP certification in India?

As we have already mentioned, the only institution presently offering PMP certification courses is the Project Management Institute, popularly known as the PMP. The institute is very prestigious and the quality of training and experience offered by the institution is helping in creating great project handlers for the future.

The application process for the PMI is very easy and can be done through its online admission portal. Just check for the eligibility criteria and make sure you choose the curriculum that suits your needs and then pay the admission fees according to the most preferred option offered by the institute.

But always keep in mind that one of the most important criteria for application at PMI is that the student should have experience in handling a professional project. This is important as this provides clarity regarding the domains they need to work on while finishing the course. The PMP certification in India is very competitive and so the student must put a lot of hard work and dedication in the course for getting a world-class skill set.

How to prepare for PMP certification?

Keeping everything aside, one thing can be said for sure that the PMP certification course is not easy at all and the candidates need to be prepared accordingly. The PMP certification course requires much dedication and focus on the various complex domains and subjects that are discussed under it. There are vast resources available for acing the PMP certification exam and anyone can avail them and start making their advancements.

However, the domain information and the resources are so vast that the candidates might be scared at the prospect of covering the resources available. The study material is huge and the students need to plan out their preparation very strategically to cover all the material in the given period without ever compromising on the knowledge quality. If you are still feeling intimidated, the following section will enlighten you on how to prepare for PMP certification.

Make use of online exam prep workshops - There are a vast amount of online exam prep workshops available that can effectively train you with the techniques of acing the PMP certification and also helps you out in planning the strategy for studying all the material at hand.

Use the PMBOK guidebook - The final PMP exam is largely based on this guidebook and it consists of the overview and applications of each topic that is covered under the domain of PMP certification. If you can get through this book, then you will have gained a tremendous amount of experience in tackling the different kinds of questions that might come your way during the final exam. Also, it helps out in charting the course of study.

What is the eligibility for PMP certification?

So by now, it should be pretty clear that the PMP certification is not an easy course and requires a certain caliber to achieve success in the field and so the question arises if you are eligible for getting a PMP certification?

For starters, the PMP course is very difficult and advanced so don't be surprised if the requirements sound too heavy. The question might arise why the eligibility criteria is so high for a non-mainstream subject. The answer to that question is that the profession of project management is a very serious position and some major ventures of any large-scale company depend on this kind of project leadership capabilities. Also, the attitude of a project manager is a great influencer on the types of projects that are trusted with the company so the level of skill of a PMP certified individual matters with bringing in large amounts of profits.

The eligibility criteria for PMP certification are as follows:

  • 35 hours of project management education
  • 5 years of project management experience
  • 7500 hours of project manipulation

 

The higher your project experience time, especially as a project manager, the higher the eligibility for you to get enrolled in a PMP certification course.

What are the PMP certification requirements?

The PMP certification course is very dynamic, as mentioned earlier, and can be customized by people according to the needs and requirements of the people pursuing them; hence, the requirements also vary from person to person and are different according to the course the student wants to follow.

The requirements are quite high for pursuing a PMP certification course, which is mainly because the course is very advanced and professionally relevant among all the courses in the market. Getting a PMP certification can change the whole playing field for a person altogether and they are eligible for getting the highest paying jobs in a reputable company.

The requirements vary depending on the education level and the demands of the course, so the different requirements of the course are given below:

For students with a bachelor's degree:

  • 35 hours worth of project management education
  • 36 months of professional project management experience
  • 4500 hours of leading and directing a project experience

For students with a diploma:

  • 35 hours of formal project management education
  • 60 months of professional project management experience
  • 7500 hours of leading and directing a project experience

So as you can see, the requirements are different according to the curriculum and the level of education of the candidate. However, keep in mind that the above-given requirements are consensus information and be sure to check with your institution before applying for a PMP certification course.

Benefits of PMP certification

The PMP certification has gained much popularity and if you have read through the whole article until now, then, it should be pretty clear that the PMP certification course is way different than the other courses and the work needed for the course is also more than the other courses you may have pursued so far.

So, the question that is bound to arise is what are the benefits of having the PMP certification? We have mentioned earlier that the job of a project manager is very important among all the professions in the corporate world. If you are looking forward to stepping into the competitive world of project management, then having a PMP certification can certainly help you level up your game.

To be more elaborate, the various benefits of getting a PMP certification are listed below:

Makes your resume more valuable - Once you get a PMP certification, the whole playing field of your job level will rise far above your counterparts. So if you are looking for an opportunity to get higher in the corporate world, then getting a PMP certification is the best way to go.

Increases industry recognition - Building upon the previous point, having a PMP certification adds value to your resume in the sense that it exponentially increases the industrial recognition of your resume. Once you are PMP certified, the industry can recognize you as someone with professional skill and high caliber so that the job offers coming your way will also get an upgrade.

Provides an efficient business network - Perhaps the most important benefit of the PMP certification is that it provides efficient business networking connections that can be used for setting up business networking operations.

PMP certification exam cost

The PMP certification is a vast and dynamic course and is heavily dependent on the practical applications of many business concepts. So the exam that is taken for awarding the PMP certification is very difficult and requires hard work and dedication to ace it. The pattern of the exam is very different from the other exams that we face and have particular domains and instead of marks, the final evaluation is done based on proficiency level in each domain.

So, now arises that how much the exam for PMP certification costs? The exam cost is not the same for everybody. If you are already a registered member of the PMI then you need to pay only $405 as exam fees. But if you are not a member of the PMI then you need to shell out $550 for the exam fees.

You can also become a member of the PMI before appearing for the exam if you want to pay less for the exam, but then you would have to pay the membership fees for the PMI. It's recommended that you become a PMI member when you are starting the certification course. Not only being a PMI member provides you with an option to pay less for the final exam but you are also able to access the various study material and training offered by them. And by the end of the course, you will have the important contacts that can be used by you to set up your business network.

Who should sign up for a PMP certification?

The PMP certification course is aimed at people who are interested in working as a project manager in big companies or even for those who are already working as a project manager and want an international level upgrade to their skill set.

If you are interested in stepping into the corporate world as a project manager and already have some experience in the field and are also looking for opportunities to get better career options then getting a PMP certification is the way to go.

Otherwise, if you are just listening to the word of mouth and want to do PMP certification just because it sounds interesting then you are making a mistake because PMP is not a normal certification course and requires time and effort to complete it.

PMP certification books

If you are seriously considering taking up PMP certification course, then you need to know which are the best PMP certification books

Given below are some of the best PMP certification books:

Conclusion

We can conclude by saying that if you want a career as a project manager, then getting a PMP certification can be highly beneficial for you. Click here learn PMP Certification Course Training in Hyderabad.

 

                         

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