INDEX Certifications Project Management Professional (PMP)

Project Management Professional (PMP)

What is the PMP Certification?

The PMP (Project Management Professional) certification is a globally recognised credential offered by the Project Management Institute (PMI). It validates a project manager’s skills, experience, and knowledge in leading and directing projects. The PMP certification is highly regarded across various industries and signifies a high level of expertise in project management.

How much does the PMP Certification exam cost?

The cost of the PMP certification exam in Australia varies depending on whether you are a PMI member:

  • PMI Members: approximately $620 AUD ($405 USD)
  • Non-Members: approximately $850 AUD ($555 USD)

Becoming a PMI member before applying for the exam can be beneficial, as it often results in a lower exam fee and access to additional resources.

What is on the PMP exam?

The PMP exam covers a broad range of project management topics and is structured around five domains, aligned with the PMI’s PMBOK (Project Management Body of Knowledge) Guide:

  1. Initiating: 13% of the exam questions
  2. Planning: 24% of the exam questions
  3. Executing: 31% of the exam questions
  4. Monitoring and Controlling: 25% of the exam questions
  5. Closing: 7% of the exam questions

The exam consists of 180 multiple-choice questions and must be completed within 230 minutes. The questions test knowledge and skills in various aspects of project management, including methodologies, processes, tools, and techniques.

How and where do I get PMP certified?

To get PMP certified in Australia, follow these steps:

  1. Meet Eligibility Requirements: Ensure you have the required educational and professional experience:
    • Four-year degree: 36 months of project management experience and 35 hours of project management education.
    • Secondary diploma (high school or equivalent): 60 months of project management experience and 35 hours of project management education.
  2. Apply for the Exam: Submit your application through the PMI website. Once your application is approved, you can schedule your exam.
  3. Prepare for the Exam: Enrol in a PMP exam preparation course offered by accredited training providers, or use self-study materials. Recommended providers include PMI chapters in Australia, online platforms like Udemy or Coursera, and local training institutions.
  4. Schedule and Take the Exam: The PMP exam can be taken online or at authorised testing centres across Australia. Ensure you book your exam through the PMI website.
  5. Maintain Your Certification: After passing the exam, maintain your PMP certification by earning 60 Professional Development Units (PDUs) every three years.

What salary could I earn with a PMP Certification?

A PMP certification can significantly enhance your earning potential in Australia. On average:

  • Entry-level Project Managers: $90,000 – $110,000 AUD per year
  • Experienced Project Managers: $110,000 – $150,000 AUD annually
  • Senior Project Managers and Programme Managers: Over $150,000 AUD per year, with some roles exceeding $180,000 AUD

Salaries can vary based on industry, location, and the complexity of the projects managed. The PMP certification is highly valued and can open doors to more advanced and higher-paying roles in project management.

Position Salary Rate
IT Manager $170,000 / annum $1,300 / day
Program Manager $170,000 / annum $1,200 / day
Service Delivery Manager $148,300 / annum $920 / day
More salary data at clicks.com.au

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