Do you have plans getting yourself the esteemed tag of a PRINCE 2 certified professional? If your answer is in affirmation then it is imperative on your part to know all the relevant details entailing the cost of PRINCE2 certification. However, before delving into the cost of PRINCE2 certification you need to have a solid understanding of the eligibility criteria of PRINCE2 certification along with different types of courses that will help you to prepare for the certification test.
The aim of this piece of writing is to throw light on the conceptual understanding of PRINCE2, the different levels associated with it, the cost of PRINCE2 certification, as well as the multitude of options that you can opt for in the quest of bragging the all-elusive PRINCE2 certification.
To start things let’s discuss the varied cost aspects associated with PRINCE2 certification cost. A bit of background information is not going to slow us down either rather it will aid in the proper understanding of the pricing structure and importantly what are the cost aspects an aspirant is paying for.
The concept of PRINCE2
Any intellectual discussion related to the successful method of project management will surely feature insights on PRINCE2. To go by the existing trends it is one of the most widely used certification programs for projects in the United Kingdom, especially in the governmental sector. PRINCE2 is the short form of Projects In Controlled Environments. It has the registered trademark of AXELOS.
A process-based approach to project management sets PRINCE2 apart from its counterparts. The predominance of PRINCE2 across the public and private sector in the UK could be explained on the basis that it is a patron of the UK government. Scalability is one of the best things about the PRINCE2 process. Hence, the organization of different sizes ranging from big multinational to SMEs can implement it for desirable results.
Different elements of Prince2
PRINCE2 encompasses the principles of the project environment, themes, and processes. Thus, no matter what is the scale and size of the project PRINCE2 method can be implemented for efficient project management.
PRINCE2 feature two different levels of certification i.e. Foundation and Practitioner.
Whether you are a product manager, team lead, or a project team member PRINCE2 Foundation training can help you to build up a robust platform to comprehend the elementary features of project management methodology. PRINCE2 foundation course has the supreme objective of equipping an aspirant with vital know-how that is expected from a team member. On completing the PRINCE2 foundation training you will have a solid understanding of the different operational methods, phrases, and terms associated with PRINCE2 project management process.
The Benefits of PRINCE2 certification course can be summarized under the following headings:
- PRINCE2 Foundation certification well –proven when it comes to facilitating a proper insight in comprehending the working methods effectively on projects that are being executed on the PRINCE2 framework.
- It may prove helpful to comprehend the elementary terminologies and methodologies of the PRINCE2 method.
PRINCE2 Foundation Certification Requirements
- Even if you do not have prior experience in managing projects still you are eligible to pursue the foundation level of PRINCE2 certification.
- However, it is preferable to have some elementary knowledge of the effective management of projects.
This certification program is conjured keeping in mind the professional need of senior managers and analysts. You must be wondering how does the PRINCE2 practitioner course helps you to build on the knowledge that you have gathered from the foundation level course. Well, you will learn about the protocols that will help you to customize the elementary principles such that it suffices your project’s unique requirements. Your capabilities as an eligible manager of projects and competencies to work in a team are vindicated. You establish yourself as a professional whose capabilities of implementing projects using PRINCE2 method are proven.
PRINCE2 Practitioner Certification Requirements
- A candidate must possess the PRINCE2 Foundation level certification
- CAPM i.e. Certified Associate In Project Management or PMP i.e. Project Management Professional are eligible.
- IPMA Level A/B/C/D
PRINCE2 Foundation Level Certification Exam
- The total duration of the examination is one hour
- There are sixty questions
- A candidate needs to score at least 55% to pass the exam, implying that a minimum of 33 correct answers should be given out of 60 questions.
- The examination pattern is MCQ
- The exam does not impose the constraints of negative marking
- Every multiple choice question is provided with four options out of which only one option is the correct answer.
Syllabus of the foundation examination
As mentioned earlier the certification process of PRINCE2 does not mandates a prior knowledge of the PRINCE2 methodology. However, if you have an elementary understanding of project management it will be beneficial. The underlying principles of the PRINCE2 syllabus can jest under the following headings:
- Key concepts
- Principles underlying the method
PRINCE2 certification cost
It has two components i.e.
- PRINCE2 training
- PRINCE2 exam
If you have preferences for online courses of PRINCE2 certification the training cost will be around $300 for a combo of Foundation and Practitioner certification. You will be provided with comprehensive access to the full course over a period of one year. However, if you have less time to prepare and intend to pursue a short crash course for the certification exam then the cost can be as low as $60 for about a month. A training program exclusively for the foundation certification may cost you on an average of around $900. However, if you opt for a combo package covering foundational and practitioners certification then you can make a valuable amount of savings.
On the other hand, if you think that you need to pursue an intensive classroom training program then your PRINCE2 certification cost may reach $1000. As mentioned earlier, the cost may cover the combo package of the PRINCE2 Foundation and Practitioner Certification exam. Hence, you need to take into account the certification cost of PRINCE2 while evaluating a training program. Moreover, give consideration to the bundled services, flexibility, and the extent of course coverage to maximize your savings on the total cost of PRINCE2 certification.
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