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PMP Exam Cost | PMP Exam Passing Score | PMP Exam Prep Time |PMP Exam FAQ 2022-Part 1/2 |PMPwithRay - YouTube
Channel: PMPwithRay
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Hello and welcome in today's video we are going to talk about very important frequently
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asked questions about the PMP exam we are going to talk stuff like
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what is the cost of appearing for the PMP exam what is the
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passing score of the PMP exam how much time does it take to
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prepare for the PMP exam you do not want to miss out on
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any of these critical pieces of information watch this video till the end
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Hi I am Ray and I'm a PMP certified project manager that tips trends strategies
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that I share in this channel are exactly the same ones which were used by
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me to pass by PMP exam in the first attempt so before we
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move ahead make sure you like share and subscribe to my channel because I bring
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to you the most updated and relevant content for the PMP exam which
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is guaranteed to make your PMP preparation fast and efficient
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so FAQ number one how much is the cost of PMP certification
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the cost of PMP certification as of february twenty twenty is four hundred
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five US dollars if you are a PMI member and if you're not a
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PMI member the cost is five hundred and fifty five U S dollars now i
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will always suggest that you become a member of PMI guys because you will get
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a lot of benefits like the free PM UK sixth edition and the agile practice
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guide
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there will be a lot of freeways which you can earn PD use after you
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complete your PMP certification PMI runs very nice webinars which you can attend
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to master the skills of project management and you can also join the local chapters
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and events now if you want to access all these benefits the cost of PMI
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membership is one hundred thirty nine U S dollars considering that there is an application
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fee of ten US dollars but still you will be at advantageous position if
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you become a PMI member and then go ahead and take the PMP
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exam
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because the total cost which will be incurring is five hundred forty four US dollars
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which is still less by eleven US dollars than the cost of five
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hundred and fifty five US dollars which you have to pay if you book
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the PMP exam as a non PMI member so question number two what
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is the passing score of the PMP exam so we will answer this
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question with the disclaimer first that PMI never discloses the pass rate of PMP
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exam so you will see no document which actually talks about the pass rate
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of the PMP exam
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now having said that experts have analyzed that the past rate of PMP
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exam lies somewhere between sixty to seventy percent again it is a guesstimate there is
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no valid proof of these things but according to the experts whatever they have analyzed
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over the past PMP exams the pass rate stands somewhere between sixty to
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seventy percent now you need to remember a couple of things here guys firstly the
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PMP exam is psychometric in nature now what that means is not
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all the questions carry equal weightage so there may be a difficult question with higher
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weightage of marks versus easier question with a lower weightage of marks and that's how
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the marks is calculated and that is how the PMP exam also continually
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evaluates your aptitude as a project manager and the PMP exam being psychometric
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is one of the primary reasons why the exam is so difficult moving on the
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PMP exam has two hundred questions
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in total and out of that one seventy five questions are scored questions and twenty five
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questions are non scored questions or test questions which considers some new areas or
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new topics which PMI is exploring with that the passing score is calculated basis your
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response on this one seventy five questions now as I said not all the questions
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carry equal weightage so do not think that if you have around one six or
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one ten questions out of this one seventy five
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questions correct you will pass the exam it is not that because the reason why
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I said is not all the questions carry equal weightage of marks now the final
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thing PMI only reveals proficiency level as per the domain areas so there are four
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proficiency levels which you will see in your PMP mark sheet which starts
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from above target target below target and needs improvement now above target and target is
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considered pass below target and needs improvement is considered as failure now
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if you fail the PMP exam your overall proficiency level in the PMP
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mark sheet will be below target or needs improvement now the good thing
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is the PMP exam does not have any sectional cut offs so even
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if you score below target or needs improvement in any one of the areas for
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example the closing area or the execution area or the planning area and you flare
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pretty well in the other domains such as initiation monitoring and controlling you can still
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pass the
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exam because your overall proficiency level will somewhere lie between target and above target now
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the final recommendation from my side will be guys do not bog yourself down with
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the passing rate of PMP exam but focus more on your preparation on
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your theory on your practical questions try to write as many mocks as possible and
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try to analyze those mocks thoroughly so focus on your preparation rather than bogging yourself down
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on the passing score because as we have discussed there is no definitive
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answer of what the passing score of PMP exam is because at the
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end of the day PMI does not disclose that question number three how much time
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does it take for the PMP exam preparation assuming that you are studying
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around two to three hours per day on weekdays and five to six hours per
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day on weekends the average time which will be required for your PMP
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preparation will lie somewhere between eight to twelve weeks that is two months to three
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months now the assumption here is very critical guys these two to three hours per
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day
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or five to six hours per day should be dedicated to your preparation without any
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distractions like facebook or whatsapp OK so you need to dedicate your full time in
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the preparation you have to be a hundred percent committed for achieving your PMP certification
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and that is when you will be able to complete the preparation between eight to
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twelve weeks now the PMP exam is tough so a sound theoretical and
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practical knowledge is a must what i mean by that is the PMP
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exam will test you with a lot of tricky questions
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which will require a very strong understanding of the theoretical and practical aspects of the
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PMP OK to answer those questions correctly so if you don't have it even
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if you prepare a lot for the PMP exam you will struggle with
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those kind of questions moreover the preparation depends on five key building blocks to maximize
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your impact now you will see a card right on the screen which will direct
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you to my video in the same channel where I discuss about these five key
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building blocks which are absolutely
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essential to maximize your impact in your paint preparation so make sure you watch that
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video of mine right after this video so take away from this question it lies
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somewhere between eight to twelve weeks but your preparation should be very smart and you
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should be a hundred percent committed during your preparation time to complete your preparation in
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the mentioned time frame
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