13 PMP Benefits After You Get The PMP Certificate [2022 Updated]

Read on to find out what the PMP benefits are and why everyone is talking about PMP. We will discuss both the tangible and intangible benefits as well as what you need to do to become a PMP. Before we get into the PMP benefits let’s first understand what PMP is, how it works, and why everyone wants it. We will also discuss how you can prepare for becoming a PMP.
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PMP Certification
PMP certification is the Gold standard for Project Management. PMP stands to Project Management Professional (PMP), which is a certification from the internationally renowned Project Management Institute. Many project managers are eager to obtain the PMP benefits.
Can anyone apply to PMP?
But not really! Although the PMP benefits are attractive, PMI Institute has strict PMP requirements. There are certain criteria that PMI must meet in order to be eligible.
You need to meet the following requirements or PMP Certification requirements in order to enjoy the many benefits of PMP.
Earn a 4-year bachelor’s Degree
35 hours of project management education
4500 hours of experience in leading and directing projects

However, you can still get the PMP benefits even if your secondary degree or diploma is not in the following categories:
Your secondary degree or high school diploma
35 hours of project management education
7500 hours of experience in leading and directing projects
What is the cost of PMP?
You should know that PMP benefits come with some costs. When we refer to investment, it is both the time and money that you have to invest to achieve the pot of gold: PMP Benefits.
What is the cost of PMP?
Are you a project manager thinking about the ROI (Return On Investment) or cost vs. benefit of this PMP project. We have provided the PMP Cost to help you compare it with the PMP Benefits.
The PMP Exam fee includes exam fee, membership fee and PMP study guide. If you are a member of PMI Institute, you will need to pay $405 for the Exam fee, $139 for the annual membership and $139 to purchase PMP Question Bank.
The Exam fee and 35-hour fee are the largest components of the cost. As you can see in the above chart, they account for the majority of the total cost. Depending on the type of PMP training course you choose and the provider you choose, you may be able to save 35 contact hours. Although you can reduce the Resources cost, it won’t make much difference. The Resources cost includes any PMP question bank, PMP study guide, or PMP practice exam you may require for a proper training.
35 Hours of Contact Hour Courses
For PMP Certification Exam preparation, you can attend a face to face physical classroom session. This is called a PMP Boot Camp. Online options are cheaper than boot camps, which can be quite expensive. Online PMP boot camps are more flexible and affordable. An online PMP course offers a ‘anytime anywhere’ option with either a monthly subscription or lifetime access. The monthly subscription courses are available for as low as $40, while the annual subscription is available for as low at $200.

Time Investment for PMP Benefits
You must be ready to dedicate your time and money to PMP Benefits. PMP Exam Prep requires dedicated time on a regular basis. You should be able to dedicate 12-16 weeks to PMP certification exam preparation. You should create a PMP study schedule that you can follow and make sure that you dedicate at least half an hour to preparation each day.
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