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How To Save Money On Your PMP Exam

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Studying for and earning your PMP® Certification can be a costly affair. There are ways to cut your costs and still have access to valuable and useful study tools. The following slides will discuss …

Studying for and earning your PMP® Certification can be a costly affair. There are ways to cut your costs and still have access to valuable and useful study tools. The following slides will discuss several ways you can lower the cost of studying for and obtaining your PMP® Certification.


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  • 1. How To Save Money On YourPMP® Exam StudiesPMI, PMP, CAPM, PgMP, PMI-ACP, PMI-SP, PMI-RMP and PMBOK are trademarks of the Project Management Institute, Inc. PMI has not endorsed anddid not participate in the development of this publication. PMI does not sponsor this publication and makes no warranty, guarantee or representation,expressed or implied as to the accuracy or content. Every attempt has been made by OSP International LLC to ensure that the information presentedin this publication is accurate and can serve as preparation for the PMP certification exam. However, OSP International LLC accepts no legalresponsibility for the content herein. This document should be used only as a reference and not as a replacement for officially published material.Using the information from this document does not guarantee that the reader will pass the PMP certification exam. No such guarantees or warrantiesare implied or expressed by OSP International LLC.
  • 2. Studying for and earning your Project ManagementProfessional (PMP)® Certification can be a costlyaffair, some training courses can cost upwards ofseveral thousand US Dollars.There are ways to cut your costs and still haveaccess to valuable and useful study tools.The following slides will discuss several ways youcan lower the cost of studying for and obtainingyour PMP® Certification. 2
  • 3. Savings Tip 1 – Join PMI®You are not required to be a member of Project ManagementInstitute (PMI®) to take the PMP® Exam, but being a membercan lead to substantial savings.  Cost of membership is only $129 USD plus a $10 USD application fee  Member discount of $150 USD for the PMP® Exam  Access to resource material at a reduced cost or even free  access to a free PDF copy of “A Guide to the Project Management Body of Knowledge (PMBOK® Guide)”, a savings of around $40 to $50 USD  Access to PMI eReads which contains several PMP® prep books 3
  • 4. Savings Tip 2 –Join Your Local PMI Chapter Look into joining your local PMI chapter. Local PMI chapters offer good inexpensive PMP® Prep courses. You can save from anywhere from $100 USD to $300 USD (depending upon your chapter) on the cost of attending a PMI Chapter PMP® Prep course. 4
  • 5. Savings Tip 3 – Buy Used  Look for second hand resources.  Check out websites such as Amazon or EBay for second hand copies.  Make sure to purchase the correct edition of the resource to go with the current exam. 5
  • 6. Savings Tip 4 – Use CouponsCoupons can be found for just about anything, and thatincludes PMP® Prep materials.  Take a few moments to do a web search for discount coupon.  One example of the best place to find the most current coupons for The PM PrepCast is on Facebook at www.facebook.com/PrepCast. 6
  • 7. Savings Tip 5 – Look for Contests  Look for local contests offered by PMP® companies.  PMP® products are usually given away as marketing tools at PMP® Chapter meetings.  Check to see if your chapter is giving away any free study resources at their meetings. 7
  • 8. Savings Tip 6 – Look for High-QualityLow-Cost CoursesKeep in mind that the most expensive isnot always the best and the leastexpensive is not necessarily the worst.  Read the reviews and testimonials of those who have taken the course.  Take advantage of one of the many online PMP® Prep forums. • Ask if anyone has taken the specific course you are interested in. • Ask if they would recommend the course they have taken. 8
  • 9. Savings Tip 7 – Look for High-QualityLow-Cost Exam Prep Products Don’t buy the “cheap” stuff when it comes to PMP® Exam prep products like books, flash-cards, apps or formula study guides. Look for customer recommendations to ensure you would be purchasing quality training materials. Do your research. • There are many high-quality low-cost PMP® Exam prep products in the market to help you study for your PMP® Certification. • There are also some “cheap” products out there that cost very little and offer very little in regards to actual valuable training. 9
  • 10. ConclusionBecoming a Project Management Professional canbe a costly venture, but there are ways you canlower the cost. • As a member of PMI you will reduce your exam fees and receive a free PDF copy of the PMBOK® Guide to study. • By joining your local PMI Chapter you will have access to any PMP® Exam prep courses the chapter offers at reduced cost. • Save on study materials by shopping for second hand materials, seeking out coupons, and even possibly receiving free promotional materials at PMI Chapter meetings. 10
  • 11. Conclusion • Research and look for positive reviews and testimonials from those who have purchased PMP® Exam prep materials and have taken PMP® Prep courses. • One low cost resource that will give you everything you need to prepare for your PMP® Certification is The PM PrepCast at www.pm- prepcast.com. This course is PMI R.E.P. approved and available at the fraction of the cost of similar exam preparation tools.Remember that high-cost does not always signifyhigh quality and low-cost does not always equateto low quality. 11