The PMP: How Much Value Does It Really Offer?

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The PMP: How Much Value Does It Really Offer?

Mark Mullaly, PMP

July 3, 2002





According to the last issue of PMI Today, there are now 45,139 Project Management Professionals (PMPs) certified by the Project Management Institute. More than 4,800 have now been certified so far this year, which means that there should be more than 50,000 of us roaming the planet by the end of this year if current trends continue. That will constitute an increase of 40,000, or 400 percent, since 1998. Clearly, there is a huge number of people that have decided that the PMP is a worthwhile investment. And lets be frank, it is an investment--often a significant one.

I would realistically suggest that it costs upward of USD $5,000 to get your PMP today--and that doesn't include the investment of your time. $555 for the examination ($405 if you're a member, but the membership is $150, so let's just call a spade a spade, shall we?). An average of $1,500 in order to get the 35 hours of in-class instruction that is now required.



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