Wednesday, July 23, 2008

How to save on PMP exam cost - A case for PMI Lahore Chapter

Shamsher Haider MCBMSP, MCTS, PE, PMP

If you are preparing for PMP exam follow the following steps and save a fortune on the overall process. I’ll specifically discuss the case for PMI Lahore Chapter, though the same may apply to a lesser or greater extent for other local chapters as well.
  • 1. Get PMI membership.
  • 2. Get your local chapter’s membership. (PMI Lahore Chapter’s membership comes free with PMI membership)
  • 3. Get enrolled in the training programs sponsored by PMI Lahore Chapter.
  • 4. Take the exam.

Why is local chapter membership so crucial?

PMI Lahore Chapter’s membership will save you Rs.10,000 (approximately $140) on the trainings sponsored by the chapter. Thus by paying $129 for PMI membership, you will be able to recover more than the amount invested in PMI membership as soon as you enroll for the training.

The exam fee is $555 for non members and $405 for members, that’s a difference of $150 in the exam fees alone.


Member

Non Member

Training with books / study material

$280

$420

Exam

$405

$555

PMI Membership fee

$129

$0

Total

$814

$975

The total saving in cost after paying the PMI membership fee is $161. In certain cases the exam fee is also fully or partially reimbursed by PMI Lahore Chapter. The great benefits that come with the membership are as under:

  • · Access to PMI’s knowledge base; Members have download access to PMI’s publications such as PM Network, PMI’s Career Track, Leadership in project Management, Project Management Journal, PMI Today and e-newsletters
  • · Access to downloadable soft copies of PMI standards documents including PMBOK.
  • · Invitations for chapter meeting, seminars and annual dinner weigh a lot in terms of of networking opportunities
  • · Opportunities to earn PDUs after getting certified

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