For as long as new technologies have hit up the modern world, there have been excellent strides in providing knowledge through professional certification as well. We exist in a world where many people go about their daily lives not knowing what type of certifications will push their careers forward. Depending on the existing methodologies and principles, it is sometimes just tough to gather the information on the demanding certifications oriented towards a specific field.
Considering one such exam, PRINCE2, though the PRINCE2 Methodology is in today’s trend, not many candidates appearing for Project Management roles know how vital this certification can be.
All the candidates appearing for the PRINCE2® Exam still have numerous doubts tingling their minds. If your answer is yes to appearing for the PRINCE2® Exam, you will have to know about the pre-requisites, exam cost, and which particular certificate can gain you the rewards.
PRINCE2 Exam is of two basic certifications:
- PRINCE2® Foundation Certification
- PRINCE2® Practitioner Certification
However, the candidates aiming for PRINCE2 Practitioner Certification have to earn the PRINCE2 Foundation certification.
To appear for the exams, one must be thorough with their preparations. As taking the PRINCE2 Course might not be mandatory, however, the certification course makes the pathway way easier and more organized for the candidates. It may be e-learning, offline training programs, hybrid courses, or learning under a certified professional.
Dividing the PRINCE2 into Foundation and Practitioner Exams, let’s dive into the exam costs for the same:
- PRINCE2® Foundation course is a basic yet significant professional certificate. Recent research has found that the success rate of PRINCE2 Foundation Certification is 97%. PRINCE2 Foundation Exam examines whether, with the learning of this course, principles, experiences, and themes, a candidate is perfect for the Project Management Team. This allows the candidates to assess themselves on their existing knowledge and improvise their skill-set if need be.
Perfect knowledge of PRINCE2 Methodologies is vital for Project Management Professionals. Once a candidate gains this certification, they will be selected for the roles in the Project Management team that governs the PRINCE2 Environment.
As per the PeopleCert Website, the official exam management service of PRINCE2, the PRINCE2 Foundation exam only costs INR 26,872.14.
However, if the candidates please, they can get the certification from any PRINCE2® Accredited Training Organization. As per the latest records, the PRINCE2® Foundation exam is INR 17,968.40.
Depending on the Accredited Training Organization, the PRINCE2 Exam may have a cost range from INR 17,968.40-INR 26,818.50.
- PRINCE2 Practitioner Exam: As the PRINCE2 Approach has established its essence in today’s growing projects, a lot of organizations and institutes have accepted this ongoing development in the trend of methodologies. This exam is helpful for the candidates in understanding the principles, cost-management, time management, resource management, and analyzing the worst-case scenarios in a Project Management Team. The candidates who are already a member of the Project Management Team, or have a role and experience in managing the projects and leading a team, are best suited for this role. However, to appear for this exam, the candidates are supposed to clear the PRINCE2 Foundation Exam with a cut-off of 55% or 33 correct questions out of 60.
This however allows you to apply the principles, techniques and themes learned in a real-world environment, or in this case the PRINCE2 Environment.
As per the PeopleCert Website, the official exam management service of PRINCE2, the PRINCE2 Practitioner exam only costs INR 39,530.
However, if the candidates please, they can get the certification from any PRINCE2® Accredited Training Organization. As per the latest records, the PRINCE2® Foundation exam is INR 28,963.
As discussed above, there is a huge cost difference between the official website and PRINCE2 Accredited Training Organizations. The candidates can allow themselves to go through the Accredited Training Organizations and conduct their own research about the benefits and weightage the certification will add to their field.
Furthermore, there is another field of PRINCE2® Certification. This is the PRINCE2® Agile Certification. This also has its own cost divided into two parts: Foundation and Practitioner Exam.
As stated earlier, for the candidates who are willing to apply from the PeopleCert website, then the Exam costs are:
- PRINCE2® Agile Foundation Exam – INR 26,872
- PRINCE2® Agile Practitioner Exam – INR 39,798
If the candidates are looking for earning their certification from a PRINCE2 Accredited Training Organization, they can find the costs mentioned below in the following ranges:
- PRINCE2® Agile Foundation Exam – INR 17,968 – INR 26,818
- PRINCE2® Agile Practitioner Exam – INR 28,963 – INR 39,155 The Candidates looking for bagging both the PRINCE2 Foundation and Practitioner Certification, there is a package that covers the exam costs for the same combination. The exam cost for getting certified for both PRINCE2® Foundation and Practitioner Exam is INR 52,000.00. Not a lot of people prefer this combination as they will have to constantly learn for both the exams in one go, but for getting certified as a project management expert, this is your cue.
Conclusion
For all those who are looking to gain proficiency in Project Management Skills, PRINCE2 can be a game-changer. It is recognized globally and also practiced in renowned industries. Provided today’s aggressive thirst for knowledge and competition, a large number of candidates are already pursuing this professional certification. Earning a Professional Certificate that allows you to stand out among others is fundamental.