Key Information:
- Coursera, Udemy and Edx offer courses toward PMP certification.
- There are two paths to PMP eligibility, depending on your education level and project management experience.
- Affordable training options for PMP exam preparation include online courses, in-person workshops, free resources, and self-study guides.
- Creating a study plan that includes practice exams, joining study groups, and leveraging free resources can help you prepare for the PMP exam without spending too much money.
Are you ready to take your project management career to the next level? If so, you’ve probably heard about the Project Management Professional (PMP) certification. It’s like a golden ticket in the world of project management, opening doors to better job opportunities and higher salaries. But here’s the catch: getting that certification can be pretty expensive. Don’t worry, though! We’re here to help you find affordable ways to prepare for the PMP exam without breaking the bank.
In this article, we’ll explore various budget-friendly options for PMP certification training and study materials. Whether you’re a seasoned project manager or just starting out, we’ve got something for everyone. So, let’s dive in and discover how you can become PMP-certified without emptying your wallet!
Related:
- Best Professional Certifications for Leaders and Executives
- Top Agile Leadership and Management Training Programs
- Online Advanced Management Programs and Courses for Executives
- Most Affordable Bachelor’s in Business Analytics
- Best Bachelor’s in Business Analytics
What Is PMP Certification?
Before we jump into the affordable training options, let’s take a quick look at what PMP certification is all about. The Project Management Professional (PMP) certification is a globally recognized credential offered by the Project Management Institute (PMI). It’s like a badge of honor that shows you know your stuff when it comes to managing projects.
Why Should You Care About PMP Certification?
Getting PMP certified can be a game-changer for your career. Here’s why:
- Higher Salary: PMP-certified professionals often earn more than their non-certified peers.
- Better Job Opportunities: Many employers prefer or require PMP certification for project management roles.
- Improved Skills: The certification process helps you sharpen your project management skills.
- Global Recognition: PMP is recognized worldwide, opening up international opportunities.
Education and Experience Requirements
There are two paths to PMP eligibility, depending on your education level:
Four-Year Degree Path:
- You need a four-year degree (bachelor’s or global equivalent)
- Plus, 36 months of experience leading projects
- And 35 hours of project management education/training or CAPM® Certification
High School Diploma or Associate’s Degree Path:
- You need a high school diploma, associate’s degree, or global equivalent
- Plus, 60 months of experience leading projects
- And 35 hours of project management education/training or CAPM® Certification
Project Leadership Experience
You need experience in leading and directing projects. And this experience must have been gained within the last eight years. It doesn’t have to be from a single project. You can combine experience from multiple projects
Project Management Education
You will also need to have 35 contact hours of formal project management education. This can be obtained through various means:
- Project management courses
- Training sessions
- Workshops
- PMI Authorized Training Partner programs
We’re going to go into more detail about project management training and where to get it below.
Application Process
- Go to the PMI website and create a user account
- Complete the online application form. You’ll need to detail your experience and education
- PMI will review your application. This can take up to 5 business days
- Once approved, you’ll need to pay the exam fee. The fee is $555 for non-PMI members and $405 for PMI members
- Schedule the Exam. You have a one-year eligibility period to take the exam
Important Notes:
- All experience must have been accrued within the last eight consecutive years prior to your application submission
- The 35 hours of project management education must be completed before you submit your application
- PMI membership is not required for PMP certification, but it does offer a significant discount on the exam fee
Remember, meeting these eligibility requirements is just the first step. You’ll then need to prepare thoroughly for the PMP exam, which covers a wide range of project management knowledge and skills. The exam itself consists of 180 questions, and you have 230 minutes to complete it.
By understanding these requirements clearly, you can better plan your path to PMP certification and ensure you meet all the necessary criteria before applying.
We’ve covered the basics. Now let’s explore some affordable training options to help you ace that PMP exam!
Affordable Training Options for the PMP Exam
Online Courses
In today’s digital age, online courses are a popular and cost-effective way to prepare for the PMP exam. Here are some platforms offering affordable PMP courses:
Coursera
PMI-PMP® Certification Training Course Specialization through LearnKartS
- Five courses
- Two Months @ four hours a week
- $49.00 per month
- Four courses
- One month @ ten hours a week
- $49.00 per month
Udemy
The Ultimate Project Management PMP Prep Course
- 234 lectures
- 27h 43m total length
- $12.99
The Complete PMP Course & Practice Exams
- 160 lectures
- 18h 41m total length
- $19.99
EdX
University of Maryland Project Management Professional (PMP) Exam Prep Training
- Four courses
- Four months @ one to two hours a week
- $428.40
Rochester Institute of Technology MicroMasters® Program in Project Management
- Three graduate-level courses
- Eight months @8–12 hours a week
- $1,212.30
In-Person Workshops and Bootcamps
If you prefer face-to-face learning, there are in-person and on-campus options to consider. These programs have a more structured environment. Plus, you get more direct interaction with your instructors and fellow students. Consider these affordable options:
PMP Exam Prep Bootcamp by the University of Houston
Sugar Land, Texas
- Five days
- 40 hours of face-to-face training
- $1,987
University of San Diego Extended Studies Project Management Boot Camp
San Diego, California
- Four days
- 35 hours of face-to-face training
- $995
Open Courseware and Free Resources
Who says you can’t get something for nothing? There are plenty of free resources to help you prepare for the PMP exam:
Project Management Institute: The Project Management Institute offers free online courses, including:
- PMI Kickoff
- Generative AI Overview for Project Managers
- Business Continuity
- Free Introduction: Basics of Disciplined Agile™ Online Course
- Taming Bias: Using Wicked Problem Solving to Make Better Decisions and Align Teams
- The Basics of Scrum
- Free Introduction: PMI® Authorized On-demand PMP® Exam Prep
Master of Project Academy: The Master of Project Academy offers a free one-hour training course, plus several helpful resources.
- 25+ Lectures
- 100% Online & Self-Paced
- Free Downloadable Materials
- Sample Quiz
- Test-Taking Strategies
- LinkedIn Community
MIT OpenCourseWare: MIT offers several college-level courses you can access for free through OpenCourseWare, including:
- Project Evaluation
- Project Management
- System Project Management
Self-Study Options
For those who prefer to study at their own pace, self-study can be an affordable and effective option:
PMP Study Guides
If you learn best with a physical workbook, check out these affordable study guides:
- Fully aligned to the current PMP® ECO
- One source prep guide includes all you need to pass the exam
- PMP prep tools, case studies & practice exam questions
- $79.99
Andy Crowe’s “The PMP Exam: How to Pass on Your First Try”
- 400 practice exam questions
- Chapter quizzes and a simulated final exam
- Links to 60 videos with Andy explaining concepts
- $83.92
Tip: Check your local library for free access to these books before you purchase them.
Flashcards and Mobile Apps
Many free or low-cost PMP flashcard apps are available. These are great for studying on the go.
Brainscape Pmp Exam Prep Flashcards
- Available on any device
- Features 28 decks and 903 flashcards
- Free
Master of Project Academy Flashcards
- 1,500+ PMP flashcards covering each knowledge area
- Access from any device
- Free demo so you can check them out first
- $19.70 a month
Project Management Academy App
- Mobile app available on iPhone or Android
- Flashcards, practice questions, and timed exams
- Three-day free trial, then $19.99 a month
Online Practice Exams
Online practice exams are one of the best ways to familiarize yourself with the exam format. They can also help you easily identify areas for improvement. Here are some sites to check out:
- Over 1000 PMP practice exam sample questions
- Two complete exams with 180 questions each
- Questions developed by certified PMP team
- Costs between $99-$149, depending on how long you want to access it
PMI® Authorized Online PMP® Practice Exam
- 250+ multiple-choice questions
- Immediate feedback on each question
- Resource library with helpful links and reference documents
- $99
- Four PMP practice tests
- instant scoring with detailed explanations
- Free
Other Resources to help you prepare for PMP Certification
Community Colleges
Many community colleges offer PMP prep courses at reasonable prices. Check your local college’s continuing education department
Local Training Centers
Look for PMP bootcamps or weekend workshops in your area. These are often more affordable than big-name training providers.
Employer-Sponsored Training
Some companies offer in-house PMP training or cover external training costs. This can be a great way to get high-quality training at little to no personal cost. Don’t forget to check if your employer offers PMP training support! If they don’t, you may want to ask about it. Here are a few tips for negotiating PMP training at your workplace.
- Highlight how PMP certification will benefit your company
- Offer to share your knowledge with colleagues after certification
- Consider agreeing to stay with the company for a certain period after getting certified
Local Study Groups
Check Meetup.com or local PMI chapters for study groups. This way, you can share resources and knowledge with others preparing for the exam
Online Forums
Websites like Reddit’s r/pmp or ProjectManagement.com forums are great for asking questions. You can get advice from current and former students and PMP-certified professionals. These resources offer you diverse perspectives on project management concepts. They also give you the opportunity to teach others what you know. This reinforces your own learning
PMI Membership
Joining PMI can give you discounts on exam fees and study materials. It also provides access to valuable resources and networking opportunities
Creating Your Affordable PMP Study Plan
Now that we’ve explored various affordable options, here’s how to put it all together:
1. Assess Your Knowledge by Taking a Free PMP Practice Test
Try PM Exam Simulator or Oliver Lehmann’s free test. Answer all questions, even if you’re unsure. Review your results carefully. Identify which knowledge areas you scored well in. And note any areas where you struggled. Pay attention to question types (e.g., situational, formula-based) that gave you trouble.
Record your initial score to create a baseline. You can now use this as a starting point to measure your progress.
2. Choose Your Primary Study Method
Think about how you learn best and choose one or more study methods to focus on.
Online Courses:
- Best for self-paced learners
- Look for courses with video lectures, quizzes, and practice exams
- Consider options like Udemy, Coursera, or LinkedIn Learning
Self-Study:
- Ideal for disciplined learners
- Invest in a comprehensive PMP study guide
- Create a strict study schedule and stick to it
In-Person Training:
- Perfect for those who prefer structured learning environments
- Research local community colleges or PMI chapters for affordable options
- Consider bootcamps for intensive, focused study
Evaluate Your Learning Style:
- Reflect on past successful learning experiences
- Consider your schedule and commitments
- Think about your budget constraints
3. Supplement with Free Resources
PMI Resources:
- Download the PMBOK Guide (free for PMI members)
- Utilize PMI’s practice questions and webinars
YouTube Tutorials:
- Search for PMP prep channels
- Watch videos on challenging topics
Blogs and Websites:
- Follow project management blogs for insights and tips
- Use websites like ProjectManagement.com for additional resources
Create a Resource Library:
- Bookmark useful websites
- Organize free PDFs and study materials
Join a Study Group
- Check Meetup.com for PMP study groups in your area
- Contact your local PMI chapter for group study sessions
Online Communities:
- Join PMP prep forums on Reddit or LinkedIn
- Participate in Facebook groups dedicated to PMP study
4. Schedule Your Exam
Set a Target Date:
- Choose a date that gives you enough time to prepare thoroughly
- Typically, 2–3 months of dedicated study is sufficient for most people
Create a Study Timeline:
- Work backward from your exam date
- Allocate more time to your weak areas
Be Realistic:
- Consider your work and personal commitments
- Allow for unexpected delays or setbacks
Stay Accountable:
- Share your exam date with your study group or a mentor
- Use this as motivation to stay on track
5. Prepare for Exam Day
- Familiarize yourself with the testing center location
- Plan your transportation and arrival time
- Gather necessary documents and materials
By following this expanded plan, you’ll create a comprehensive, affordable approach to PMP exam preparation. Remember, consistency is key. Stick to your study plan, stay motivated, and adjust your strategy as needed based on your progress.
Closing Thoughts
Becoming PMP certified doesn’t have to drain your savings account. With the affordable options we’ve explored, you can prepare for the PMP exam on a budget without compromising on quality. Remember, the key to success is not how much you spend but how effectively you use the resources available to you.
So, whether you choose online courses, self-study, or a combination of methods, stay focused on your goal. With dedication and smart use of affordable resources, you’ll be well on your way to joining the ranks of PMP-certified professionals. Good luck on your PMP journey!