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How To Save Money On Your PMP Exam

Date post: 10-Nov-2014
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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 several ways you can lower the cost of studying for and obtaining your PMP® Certification.
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How To Save Money On Your PMP ® Exam Studies PMI, PMP, CAPM, PgMP, PMI-ACP, PMI-SP, PMI-RMP and PMBOK are trademarks of the Project Management Institute, Inc. PMI has not endorsed and did 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 presented in this publication is accurate and can serve as preparation for the PMP certification exam. However, OSP International LLC accepts no legal responsibility 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 warranties are implied or expressed by OSP International LLC.
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Page 1: How To Save Money On Your PMP Exam

How To Save Money On Your PMP® Exam Studies

PMI, PMP, CAPM, PgMP, PMI-ACP, PMI-SP, PMI-RMP and PMBOK are trademarks of the Project Management Institute, Inc. PMI has not endorsed and did 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 presented in this publication is accurate and can serve as preparation for the PMP certification exam. However, OSP International LLC accepts no legal responsibility 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 warranties are implied or expressed by OSP International LLC.

Page 2: How To Save Money On Your PMP Exam

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Studying for and earning your Project Management Professional (PMP)® Certification can be a costly affair, some training courses can cost upwards of several thousand US Dollars.

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.

Page 3: How To Save Money On Your PMP Exam

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Savings Tip 1 – Join PMI®

You are not required to be a member of Project Management Institute (PMI®) to take the PMP® Exam, but being a member can 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

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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.

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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.

Savings Tip 3 – Buy Used

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Coupons can be found for just about anything, and that includes PMP® Prep materials.

Savings Tip 4 – Use Coupons

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.

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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.

Savings Tip 5 – Look for Contests

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Keep in mind that the most expensive is not always the best and the least expensive is not necessarily the worst.

Savings Tip 6 – Look for High-Quality Low-Cost Courses

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.

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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.

Savings Tip 7 – Look for High-Quality Low-Cost Exam Prep Products

Page 10: How To Save Money On Your PMP Exam

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Conclusion

Becoming a Project Management Professional can be a costly venture, but there are ways you can lower 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.

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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 signify high quality and low-cost does not always equate to low quality.


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