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Benefits of Getting the PMP Certification Include
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Better Salary Prospects
Certified PMP® professionals get more significant and more frequent pay raises than their non-certified peers.
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Networking Opportunities
To obtain a PMP® certification, it is recommended that you become a member of PMI. Once you are a member, you have access to a vast network of professionals with similar qualifications. These contacts can prove crucial in helping you land a project management job.
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Better Employment Prospects
As the world's most popular project management certification, the PMP® credential is recognized and trusted by employers worldwide.
Learn new trends, emerging practices, tailoring considerations, and core competencies required of a Project Management professional with the PMP Certification course.
Benefits of Getting the PRINCE2 Certification Include
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Exhaustive Body of Knowledge
The PRINCE2® body of knowledge equips credential-holders with the tools to analyze a project from all angles, ensuring its viability before it is initiated. Factors like user requirements and potential risks are taken into consideration, ensuring that a project that is bound to encounter hurdles is addressed in the planning stages.
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Well Laid-out Methodology
A lot of time and resources are saved during the completion of a unique project since the certification has a clearly laid out methodology.
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Standardization
Confusion in project execution is eliminated since the same, standard approach is used throughout, with conventional filing systems, procedures, and documents.
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Improved Salary and Better Employability Prospects
There is a higher chance of landing a better job that pays well in countries like the United Kingdom. Your employer is provided with enough justification for your skills to give you a pay raise.
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Driven by Business Case
PRINCE2® requires users to self-assess and provide updates on business cases at defined points to ensure that a project will deliver value to the organization and its customers. Failure to do so will eliminate the justification for the continuity of the project.
The PRINCE2 Vs. PMP Exams
With a total of 200 questions, the PMP® exam lasts four hours and is split into the areas of Project Initiation, Project Planning, Project Execution, Monitoring and Controlling, and Project Closing. Within these five larger domains are a multitude of other skills like risk identification, quality management, change management, materials management, and much more.
The PRINCE2® Foundation exam tests the individual with 75 multiple-choice questions for 60 minutes. Out of the 75 questions, 5 are trial based and not counted during the scoring process.
The Practitioner exam is an objective, scenario-based paper. The individual is tested based on 9 questions with a time limit of 2.5 hours.

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Pre-requisites
There is a set of prerequisites that one will need to meet to take up the PMP® exam.
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Secondary degree (high school diploma, associate's degree or the global equivalent)
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7,500 hours leading and directing projects
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35 hours of project management education
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There are no defined prerequisites for the PRINCE2® exams. However, it is recommended that you have some project management experience and formal training before you take the exam. The Practitioner exam will require you to have passed the Foundation exam.

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PRINCE2 Vs. PMP Exam Cost
In India, PRINCE2 Agile Certification costs between Rs 25000 and Rs 35000 for a classroom course and between Rs 25000 and Rs 30,000 for a web-based course.
The cost of the PMP® exam - though a little expensive - is well worth the investment. For members of the PMI®, it is $405, while for non-members it is $555.
The cost of the PRINCE2® to exam varies according to the region you are taking the exam in.

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Maintaining Your Credential
To maintain the PMP® certification, you will need to attain 60 PDUs or Professional Development Units every three years.
The PRINCE2® Foundation exam needs no renewal. The Practitioner exam, however, is valid for 5 years, after which it will become invalid. Professionals will have to complete and pass the PRINCE2® re-registration examination 3-5 years following their previous practitioner exam.

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Is It Advisable to Do Both?
Many people view the PRINCE2® and PMP® certifications as different, which is why there is a battle between the two certifications.
PMP® is related to the knowledge and skills necessary to successfully manage a project and its delivery.
PRINCE2® is focused mainly on the processes and the framework to execute specific types of projects in controlled environments successfully.
Therefore, it is advisable that you do both of these certifications as it helps in the development of the professional's excellent project management skills.
There may be a few drawbacks to this-
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Conflicting language: The two courses use different terminologies, which can be confusing at first. For example, project charter in PMP® is what is known as project brief in PRINCE2®.
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Different Techniques: Some techniques differ vastly, such as the categorization of risk.

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Conclusion
The certification you choose should depend on your job prospects and the region you are working in. PMP® and PRINCE2® are not competing for credentials in all regions. A professional would benefit from the skills and knowledge that both of these certification offers.
PMP® and PMI® have registered trademarks of the Project Management Institute, Inc.