ITIL Certifications Cost and Benefit Analysis

ITIL Certifications

ITIL Certifications have been very important contributions to the IT World. There have been numerous instances where the training and knowledge imparted from these certifications have helped to drag out companies and organizations out of critical situations. To obtain this certification, there isn’t any hardbound prerequisite that should is required. Furthermore, this isn’t a single certification, and it has been divided into several levels so that it will be convenient for the candidates to choose and sort out the certifications according to their level. Individuals who have pursued ITIL Certifications are now hardcore experts in their field of work. Now that the discussion is pertaining to the certification cost and benefits, we will first discuss the certification cost.

The certification has a global outreach, and due to this, the cost of the certification varies in different regions. This factor is also very beneficial in determining the accessibility factor. In several cases, students fall short of funds to pursue certifications like these. In order to check these complexities, there are several sponsors who are now providing sponsorships to various talented and genuinely interested individuals looking to get certified. It is also seen that the organizations that are keen to provide their employees with this certification in order to keep them updated with the current industry trends and models so that they can work efficiently and understand the present scenarios of the industry. This course is very popular in the USA, Canada, and the European region in comparison to other regions of the world. The cost of these certifications is very high in these regions as compared to the other regions.

 The cost of this certification is $314 in the USA and Canada. In the UK it is £269, and in Australia, it is AU $395. There are even more affordable options available for candidates who want to pursue a certificate in cheaper ways. There are online resources like People Vue and PeopleCert who provide discounts on the training of these exams. They provide some specific time-limited codes which give you access to a limited period. There is no insecurity through these methods or mediums as these are officially recognized and accepted mediums of achieving the certification training. There’s always an issue of retest if you fail to qualify for the exam, then you can give the retest, which according to the current cost stands at $100-150. There is a major benefit here if you manage to qualify the exam in your retest then you will be refunded the entire amount. In case you don’t, you need to buy a new exam voucher. There are several exam costs in several countries, as this certification is available in different countries, it will be a bit difficult for us to discuss the cost of the certification in each and every country. Though some countries have a common cost the same as that of the US and Canada region, some countries in African and Asian regions have different costs.

Benefits of ITIL Certifications

ITIL Certification There are a large number of benefits that are available near the individuals and organizations using ITIL. There are a number of resources that can be accessed through the ITIL Certifications. The trainees of ITIL have given highly positive reviews about the ITIL methodologies and framework. The benefits are not only limited to the people or organizations associated with the IT realm. The reach of ITIL is beyond the IT world, and it manages to reach the non-IT organizations in a very good way. There have been companies that have taken the direct benefits of this framework, which has been a boon to the IT industry.

The benefits are different in nature for both the IT and non-IT industries. IT industry receives technical assistance and the technical aspects of the framework. The non-IT businesses take advantage of the agile methodologies. The agile methodologies are a big plus point in any company. The team’s working under an agile environment has been known to provide quality service and assurance for the customers. This is a very hostile yet welcoming work environment where the processes are carried out at a faster pace than the normal and traditional methodologies. There are some underlying benefits that decide the outcome or the company turnover. The agile methods used in ITIL Certifications have been the highlight of these processes and have been aligned according to the IT Service and Management standards.

These standards are usually defined by past records and past outcomes, and they tend to change with a gradual increase in time and advancement in technology. One major benefit of the ITIL is that its main framework, which forms the backbone of the operations, adapts itself according to the industry trends. These are certain conditions that determine the outcome. The ITIL heavily focuses on the Return of Investment factor, which is an important aspect of any company. The manufacturing of the products is an important aspect of doing business, and then comes marketing the product and providing service. ITIL is well known for its customer satisfaction tactics, which are currently deployed by several companies. There are small and big companies as well who make effective use of these certifications and derive very fruitful results. The maturity levels of the operations are directly linked with the individual benefits. A positive maturity level gives rise to better profit conditions.

There have been several empirical results that have been deployed to determine the benefit factor of ITIL. There have been several analyses done over the course of time to prove and highlight the benefits of this course. These instances have continued to depict the benefits which are imparted through ITIL. In the modern and dynamic world of IT, these guidelines cannot be ignored as a company progresses with the operations. The operations have a pivotal role in deciding the pace of the process to give rise to the products.

Small scale industries should be extremely careful while adopting a large framework as those might not work according to their needs and demands, and that will lead to the failure of the project. A typical example was observed when the erstwhile PRINCE was applied by small scale industries. It was observed that small scale industries suffered massive losses after adopting that methodology, and it was deemed inappropriate for small businesses. Then several approaches were made so that small scale industries would be benefited and then after the inception of ITIL and agile methodologies, there has been no looking back for small businesses.

If you want to set up a small business and still use modern techniques to increase your productivity, service management, and delivery, then you should definitely go for agile methodologies and the ITIL framework. It is extremely scalable in nature, and it has been proved successful after a numerous number of tests being run of such small-scale industries. There has been a hike in the number of small businesses using ITIL since 2010. ITIL is also a very updated source which changes according to the industry trends. There are different versions that are trending right now, such as ITIL 4, ITIL v3.0, etc. These have become excessively important if your company, regardless of the size, is related to finance management and its techniques. If you are aiming for a heavy turnover of your small-scale business, then this is the methodology you should opt for. It gives maximum efficiency and powers your small-scale business to perfection. Also, for assistance, you can hire professionals who can fit into multiple job roles for different operations. Nowadays, there are very efficient techniques to give rise to quality products and designs.s

With the increase in quality, there has been an increase in the cost of raw materials and other prerequisites necessary to start off a project. Often, projects with better kick starts are the ones who are able to meet their requirements or pre-defined targets, and they get the outcomes in time, which in turn helps them to serve the customers properly.