Popular PMI Exams: Exam Cost, Passing Score, & More Updates

Project Management Institute (PMI) is an internationally recognised non-profit organisation which aims at helping Project Management Professionals improve their skillset and maintain the integrity of the Project Management industry. One of the most significant contributions of the body is the wide range of certifications it provides. Aspirants in this field are encouraged to pursue their desired PMI Exam to become certified professionals.  

Multiple organisations around the globe have started using Project Management for business growth and are hence prioritising the hire of certified professionals. According to the Pulse of the Profession 2020 report by PMI, Project Management Professionals or PMP-certified professionals earn 22% more money than non-certified professionals. Read this blog to learn about the most popular PMI Exams 2023, including exam costs, passing scores, patterns, and more. 

Table of Contents 

1) What are the different PMI Exams? 

    a) Project Management Professional (PMP) 

    b) Certified Associate in Project Management (CAPM)® 

    c) PMI Professional in Business Analysis (PMI-PBA)® 

    d) Program Management Professional (PgMP)®  

    e) Portfolio Management Professional (PfMP)® 

    f) PMI Risk Management Professional (PMI-RMP)® 

    g) PMI Scheduling Professional (PMI-SP)® 

    h) PMI Project Management Ready™ 

    i) Construction Professional in Built Environment Projects (PMI-CP)™ 

2) Conclusion 

Which are the different PMI Exams? 

PMI Exams refer to the examinations you must pass to obtain the certifications the PMI offers. The institute offers many certificates to help beginners and professionals in the Project Management industry gain high-paying jobs and advance in their careers. Here are the certifications provided by PMI: 

a) Project Management Professional (PMP) 

b) Certified Associate in Project Management (CAPM)® 

c) PMI Professional in Business Analysis (PMI-PBA)® 

d) Program Management Professional (PgMP)® 

e) Portfolio Management Professional (PfMP)® 

f) PMI Risk Management Professional (PMI-RMP)® 

g) PMI Scheduling Professional (PMI-SP)® 

h) PMI Project Management Ready™ 

i) Construction Professional in Built Environment Projects (PMI-CP)™ 

j) Project Management Professional (PMP) 

Improve your chances for career growth by signing up for our PMP® Training courses now! 

Project Management Professional (PMP) 

PMP is one of the most coveted certifications provided by PMI. PMP-certified professionals have an advanced understanding of the roles and duties of a Project Manager who can lead and direct projects efficiently. A PMP certification is a testament to your ability to easily manage any type of project, regardless of its complexity. There are three main points of focus for the certification, and these are as follows: 

a) People: PMP certification recognises your leadership and management skills that effectively guide teams through projects.  

b) Process: It reflects your knowledge of various methods, frameworks, and approaches that can be used for multiple projects across various industries.  

c) Business environment: The certification prepares competent Project Managers who can complete projects and align their results with organisational goals.   

Eligibility  

Earning a PMP certification has multiple benefits, as it is considered the golden standard for Project Management. PMP-certified professionals are open to high-paying jobs in the field and are valued over those who do not hold the certification. Certain criteria need to be met for you to apply for a PMP certification, which are as follows:
 

Educational qualifications	Experience as project lead	Program Management education/training
Secondary degree	60 months of experience in leading projects within the past eight years	35 hours' worth of project management education/training or certification
Four-year degree	36 months of experience in leading projects within the past eight years	35 hours' worth of project management education/training or CAPM certification

Exam cost 

The PMP examination cost differs based on whether you hold a PMI membership. While non-PMI members are required to pay £416.10, PMI members get a discounted price of just £212.92.
 

	Non-PMI member	PMI member
Examination cost	£416.10	£212.92

Acquire the skills needed to become proficient project managers by signing up for our PMP® Certification Training Course now! 

Certified Associate in Project Management (CAPM)®
 

CAPM is a renowned certification that offers the skills and knowledge that help individuals gain entry-level jobs in the Project Management industry. Project Coordinator Associate and Junior Project Manager are a few job roles that can be attained using the certification.  

The CAPM examination tests your knowledge of various topics. Some of the topics of focus for the examination are:  

a) The basics of Project Management 

b) Roles and responsibilities of Project Managers 

c) Project Management environment 

d) Resource management 

e) Stakeholder and risk management 

Eligibility 

A CAPM certification paves the way for exciting employment opportunities, especially for beginners. It is a globally acknowledged certification that helps uplift your career in Project Management. The eligibility requirements for earning a CAPM certification are as follows: 

a) A secondary degree like a high school diploma or the global equivalent  

b) A minimum of 23 hours of Project Management education 

Exam Cost 

Clearing the CAPM examination helps attain the certification and fulfil the eligibility criteria for taking the PMP exam. The CAPM examination cost for a non-PMI member is £157.44, and the PMI member is £118.45.
 

	Non-PMI member	PMI member
Examination cost	£157.44	£118.45

Exam updates 

Here are some of the latest updates regarding the CAPM certification exam in 2023: 

a) The last day to attempt the CAPM examination is 24^th July. 

b) From 25^th July onwards, the new CAPM examination will include additional topics like business analysis and Agile principles alongside the content in the Project Management Book of Knowledge (PMBOK). 

Program Management Professional (PgMP)®

The PgMP certification aims to prepare professionals who can effectively manage multiple projects of various difficulty levels. It equips individuals with the skills to guide teams through complex projects and produce favourable results that align with the organisational goals.   

Certain levels need to be cleared to attain the certification. The following are the steps to be followed to gain your PgMP certification and maintain it: 

a) The first phase to be cleared is the panel review.  

b) The second step is to pass the CAPM exam, which contains 170 multiple-choice questions and is to be completed within four hours.  

c) The third step refers to maintaining the certification by earning 60 Professional Development Units (PDUs) every three years. 

Eligibility 

Certain educational and experience requirements must be met to earn a PgMP certification. The three academic qualifications considered are secondary diplomas, four-year degrees, and a bachelor’s or postgraduate degree.   

The secondary degree can involve a high school diploma, associate degree or the global equivalent, while a four-year degree can be a bachelor’s degree or the international equivalent. Here are the eligibility criteria for attaining the PgMp.
 

Educational qualification	Project Management Experience	Program Management Experience
Secondary degree	At least 48 months of professionals Project Management experience or PMP	At least 84 months of professional program management experience
Four-year degree	At least 48 months of professional Project Management experience or PMP	At least 48 months of professional program management experience
Bachelor’s or postgraduate degree from GAC-accredited programs	At least 36 months of professional Project Management experience or PMP	At least 36 months of professional program management experience

Exam cost 

The PgMP certification examination fee differs for both non-PMI members and PMI members. Non-PMI members must pay an amount of £524.81, while PMI members are to pay £419.85.
 

	Non-PMI member	PMI member
Examination cost	£524.81	£419.85

PMI Professional in Business Analysis (PMI-PBA)® 

The PMI-PBA certification was designed to improve your skills related to business analysis. It reflects an advanced understanding of the Project Management industry and knowledge about the different approaches towards defining business goals and producing desirable outputs.    

Business Analyst is a well-sought position that promises high pay in organisations today. PMI-PBA-certified professionals are eligible to apply for the position of Business Analyst and help fulfil organisational goals and project objectives.  

The PMI-PBA examination contains 200 multiple-choice questions. The examination must be completed in 240 minutes, and no breaks will be provided. Preparation for the exam can be done via reviewing the PMI-PBA handbook or self-study. 

Eligibility 

The two main factors used to determine whether one is eligible for a PMI-PBA certification are their professional experience in business analysis and the training received. The PMI-PBA certification can be earned if the following requirements are met:
 

Educational qualification	Business analysis Experience	Business analysis training
Secondary degree	60 months of professional experience as a practitioner of business analysis within the past eight years	35 contact hours recorded in business analysis practices
Four-year degree	At least 48 months of professional Project Management experience or PMP	35 contact hours recorded in business analysis practices
Bachelor’s or postgraduate degree from GAC-accredited programs	At least 24 months of professional business analysis experience	35 hours of education

Exam cost 

The PMI-PBA certification examination can be taken up to three times within a year. While non-PMI members are required to pay £418.61, PMI members pay £214.20.
 

	Non-PMI member	PMI member
Examination cost	£418.61	£214.20

Portfolio Management Professional (PfMP)®
 

The PfMP certification offers the expertise required to shape effective portfolio managers, and it prepares you for handling multiple portfolios to obtain organisational goals. It is the perfect certification for senior-level professionals who wish to delve into the portfolio management sector and produce favourable results.  

You have to clear certain levels of evaluation to attain the certification, and it takes about 60 days to complete these processes. The two levels of evaluation for the PfMP certification are: 

a) Panel review: The panel review refers to a panel of portfolio managers who will review your professional experiences.

b) Examination: The PfMP examination contains 170 multiple-choice questions, which must be completed within four hours.   

You can also maintain the validity of your PfMP certification by earning 60 PDUs in topics concerning portfolio management every three years. 

Eligibility 

Specific educational and professional requirements must be met to acquire a PfMP certification. Remember that all portfolio management experience must be gained within the past 15 years. Here are the eligibility requirements for PfMP:
 

Educational qualification	Professional business experience	Portfolio management experience
Secondary degree	At least 96 months of professional business experience	At least 84 months of professional portfolio management experience
Four-year degree	At least 96 months of professional business experience	At least 48 months of professional portfolio management experience
Bachelor’s or postgraduate degree from GAC accredited programs	At least 96 months of professional business experience	At least 36 months of professional portfolio management experience

Exam cost 

The PfMP certification exam cost is cheaper with a PMI membership. While PMI members are required to pay a discounted amount of £422.38, non-PMI members pay £54,061. 
 

	Non-PMI member	PMI member
Examination cost	£527.98	£422.38

PMI Risk Management Professional (PMI-RMP)® 

The PMI-RMP certification provides the skills required to assess and identify potential risks in projects and the knowledge to develop strategies to mitigate the risks. Since effective risk management is prioritised in organisations, PMI-RMP-certified professionals are in high demand today.   

It is well-suited for professionals with roles like project manager, risk manager, functional manager, etc. You can earn the certification by clearing the PMI-RMP examination of 115 questions, which is available in both English and Arabic. It can be maintained by earning 30 PDUs every three years. 

Eligibility 

The eligibility requirements for a PfMP certification include project risk management experience and education. Another prerequisite is that project risk management experience must be gained within the past five years. Here are the eligibility criteria for PMI-RMP:
 

Educational qualification	Project risk management experience	Project risk management education
Secondary degree	Minimum 36 months experience in professional project risk management within the last five years	40 contact hours of education in the project risk management sector
Four-year degree	Minimum 24 months experience in professional project risk management within the last five years	30 contact hours of education in the project risk management sector
Bachelor’s or postgraduate degree from GAC accredited programs	Minimum 12 months experience in professional project risk management within the last five years	30 contact hours of education in the project risk management sector

Exam cost 

The PMI-RMP exam is available in both English and Arabic. The examination cost for the PMI-RMP certification is £505.35 for non-PMI members, and PMI membership offers a discounted price of £274.55.
 

	Non-PMI member	PMI member
Examination cost	£505.35	£274.55

PMI Scheduling Professional (PMI-SP)® 

The PMI-SP certification provides individuals with an advanced understanding of methods to generate and maintain project schedules. Today, project teams can work from different parts of the world instead of a single location, thereby increasing the significance of having a detailed project schedule and a scheduling professional.   

Eligibility 

You must meet certain educational and professional requirements to acquire the PMI-SP certification. Here are the eligibility criteria for PMI-SP:
 

Educational qualification	Project scheduling experience	Project scheduling education
Secondary degree	Minimum 36 months experience in professional project scheduling within the last five years	40 contact hours of education in the project scheduling sector
Four-year degree	Minimum 24 months experience in professional project scheduling within the last five years	30 contact hours of education in the project scheduling sector
Bachelor’s or postgraduate degree from GAC accredited programs	Minimum 12 months experience in professional project scheduling within the last five years	30 contact hours of education in the project scheduling sector

Exam cost
 

	Non-PMI member	PMI member
Examination cost	£505.35	£274.55

PMI Project Management Ready™ 

PMI Project Management Ready is a crucial PMI certification which aims to introduce the basic concepts of Project Management to high school and post-secondary students. It offers knowledge about frameworks or methodologies like Agile and business analyst frameworks. 

Eligibility 

The PMI Project Management Ready is a great starting point for students seeking employment opportunities in the Project Management sector. Since the certification is extended to high school students, the eligibility for it is measured with simple criteria such as:  

a) A minimum reading level of ninth grade 

b) Basic computer knowledge 

c) Ability to partake in training and appear for exams 

Construction Professional in Built Environment Projects (PMI-CP)™ 

The PMI-CP qualification focuses on the construction industry's stakeholder management, contract management, and scope management. One of the newest offerings from PMI, this certification includes seven e-learning courses, three micro-credentials, a capstone assessment, and appropriate enrolment in prerequisite courses. 

Eligibility 

The eligibility requirement for the PMI-CP examination is as follows: 

a) Complete four e-learning courses  

b) Complete three courses and micro-credential bundles 

c) Three years of construction/built environment field experience 

Exam cost 

The PMI-CP examination can be taken if you meet the eligibility requirements mentioned above. The examination consists of 170 multiple-choice questions and must be finished in 230 minutes. The PMI-CP exam cost is £263.23. 

Conclusion 

PMI is a globally recognised organisation that provides various certifications aimed at improving the skills required by professionals to thrive in the Project Management sector. We hope with this blog you learned about PMI exams, their eligibility for taking them, their cost, etc. 

Learn how to acquire the skills needed to define business metrics with our PMI Professional In Business Analysis PMI PBA® course now!