What is a PMI certification?

PMI certification shows that you have the essential knowledge, experience and education to effectively contribute to project, strategic and organizational success. A PMI certification is a valuable investment in your career, and yourself.

What is PMI and its purpose?

PMI stands for the Project Management Institute. Its a leading not-for-profit professional membership association for the project management profession. The aim of the association is to provide tools, network, and best practices to those who seek help to successfully manage their projects and portfolios.

How long is the PMP course?

The average time required is around 2 months with 3 hours of studies every day (you may refer to the survey for more detailed discussion). The average Aspirants need around 180 hours of studies for successfully pursuing the PMP® Certification. Is 180 hours an extremely long duration that is not easy to afford?

When can you stop paying PMI?

If you are current on payments, your lender or servicer must end the PMI the month after you reach the midpoint of your loan’s amortization schedule. (This final termination applies even if you have not reached 78 percent of the original value of your home.)

What is PMP certification cost?

Fees for computer-based Testing (CBT), PMP exam price is: For PMI members: $405. For non-PMI members: $555.

What is PMI and why does it matter?

When President George W. Bush launched PMI on June 30, 2005, his goal was to save lives, give children the gift of a healthy childhood, and break the cycle of disease and poverty in places where malaria hits hardest. Now, in large part because of progress against malaria, a child has a better chance of survival than at any other point in history.

When does PMI terminate?

Provided a borrower is current on their payments, their lender must terminate PMI on the date the loan balance is scheduled to reach 78% of the original value of the home (in other words, when the equity reaches 22%).

How much is PMI on a mortgage?

PMI costs between 0.5% and 1% of the mortgage annually and is usually included in the monthly payment. PMI can be removed once a borrower pays down enough of the mortgage’s principal.

How many countries does PMI work?

Thanks to the bipartisan support of Congress and the generosity of the American people, PMI now works in 24 partner countries in sub-Saharan Africa and three programs in the Greater Mekong Subregion in Southeast Asia–representing about 90% of the global malaria burden.