If you want to pursue a career in project management but are stuck at a fork in the road, you need to know how much the Prince2 exam costs and how it can help you steer your career. The cost of the Prince2 foundation exam will help you decide if it is the right exam for you. Let’s take a look at the price of the Prince2 exam.
Components Of Prince2 Exam Cost
Exam, training, and renewal costs are all factors to consider when calculating the cost of the Prince2 exam. Which components of the Prince2 exam cost are non-negotiable and which have cost flexibility? We all want to save money wherever we can while maintaining high quality and content.
Cost of Prince2 Foundation Exam
The exam fee for the Prince2 foundation is the most important part of the Prince2 exam cost. What is the cost of this? Who sets the price of the Prince2 foundation exam? Axelos, if you will! However, Axelos’ decision to decentralise administration has allowed a few organisations to administer the exams on its behalf. As a result, Axelos has Accredited Training Organizations (ATOs) that are authorised by Axelos to set the exam and training fees.
Axelos’ Strategic Partner Scheme allows Accredited Training Organizations to participate. So, when looking for a training provider, look for an ATO that offers the best combination of resources at a reasonable cost. While the average cost of a Prince2 foundation course is between $250 and $350, you can also get an online Prince2 course for under $200 with a year of access.
What to look out for?
Keep an eye out for hidden costs when calculating the prince2 foundation exam cost. Some project management training companies offer a complete prince2 foundation bundle, which includes training, sample papers, study materials/videos (if taking an online Prince2 course), and exam fees.
- Taxes and Duties
You should also keep an eye out for any additional taxes or duties that you may be required to pay. This can add up to a lot of money.
- Exam fee
Since Axelos has authorised ATOs to conduct the exam, some training providers include the prince2 foundation exam fee in the total price, while others claim the price is only for the training and other resources.
- Prince2 course online/Prince2 Training
When you take a Prince2 course online, you can save a lot of money on the Prince2 exam. While the Foundation level Prince2 course online can cost up to €450, the classroom session can cost up to €1000. As a result, choosing the right course can save you close to €500 on the Prince2 exam. You can expect some cost savings depending on the ATO and type of Prince2 training.
- Sample Exam Papers Cost
While some free practise tests are available, you should also consider the accuracy and alignment of these papers. If you want to pay for a practise paper, expect to pay between $50 and $75. However, if you carefully examine the training providers’ offerings, you may find that the Sample exams are included in the prince2 foundation exam cost.
- Cost of Prince2 Membership
By joining Axelos, you will receive a slew of advantages in terms of maintaining and obtaining your Prince2 certification. As a member, you have access to a variety of resources that can help you manage projects effectively. Now for the big question: how much does membership cost? Every year, you must pay £ 50 (roughly $70) to become a member.
- Cost of Prince2 Study Guide
Another component of the Prince2 exam cost that you should consider for the overall cost is the Prince2 Study Guide. While a Kindle or soft copy may be less expensive, a paperback edition may cost around £ 20. The price also varies from country to country. As a result, if you want to reduce the overall cost of the Prince2 exam, consider the less expensive options. Better yet, enrol in an online Prince2 course that includes all of this as well as cheat sheets, flash cards, and other resources.