PfMP® Certification Training
Advance your career with the PMI-approved Portfolio Management Professional (PfMP) course and become an expert in managing portfolios.
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PfMP Course Overview
The Portfolio Management Professional (PfMP) course is designed to help professionals master the skills required to manage and align a portfolio of projects with organizational strategies. With PMI’s globally recognized methodology, this course covers all aspects of portfolio management, including analyzing and monitoring portfolio components to identify potential issues and opportunities. Participants will gain in-depth knowledge of portfolio lifecycle management, governance, resource optimization, and risk management. The course also provides detailed preparation for the PfMP certification exam, ensuring that learners are well-equipped to demonstrate their expertise and advance their careers in portfolio management.
Key Features
Who All Can Attend This PfMP® Certification Training?
The Portfolio Management Professional (PfMP) course is ideal for individuals responsible for managing portfolios of projects and aligning them with organizational strategies. Suitable attendees include:Prerequisites To Take PfMP® Certification Training
There are no prerequisites to attend the PfMP course. But to be eligible for the PfMP (Portfolio Management Professional) certification, candidates must meet the requirements outlined in one of the two sets below outlined by PMI:
Set A:
- High
Why PfMP® Certification Training ?
The PfMP course equips you with advanced portfolio management skills, enabling you to align projects and programs with strategic objectives effectively. It validates your expertise in managing portfolios to maximize value delivery while optimizing resource allocation.
- Gain global recognition as a certified portfolio management professional.
- Qualify for leadership roles like Portfolio Manager, Strategic Planner, or PMO Director.
- Master the ability to align portfolio components with organizational goals.
- Learn to evaluate and prioritize portfolio components based on ROI and strategic impact.
- Enhance your market value with an internationally respected certification.
- Establish your proficiency in balancing competing demands and managing risks effectively.
PfMP® Certification Training Syllabus
This Strategic Alignment domain ensures that the portfolio (projects, programs, and operations) supports the organization’s goals. It involves reviewing the portfolio, creating scenarios, and making sure everything is aligned with the organization’s strategy.
- Task 1: Understand Strategic Goals
- Task 2: Set Prioritization Criteria
- Task 3: Rank Priorities
- Task 4: Identify Portfolio Components
- Task 5: Create Portfolio Scenarios
- Task 6: Recommend Scenarios
- Task 7: Assess the Impact of Changes
- Task 8: Create Portfolio Roadmap
The Governance domain focuses on setting up the governance model, creating the portfolio management plan, and getting approval for the portfolio. This ensures that portfolio components are authorised and processes are set up and continuously improved.
- Task 1: Define the Governance Model
- Task 2: Set Management Standards
- Task 3: Define Portfolio Processes
- Task 4: Create a Portfolio Management Plan
- Task 5: Approve Portfolio Decisions
The Portfolio Risk Management domain involves balancing and managing risks in a way that aligns with the organization’s risk appetite, helping in decision-making processes.
- Task 1: Determine Acceptable Risk
- Task 2: Develop a Risk Management Plan
- Task 3: Perform Dependency Analysis
- Task 4: Manage Risk Register
- Task 5: Promote Stakeholder Understanding
- Task 6: Recommend Portfolio Management Reserve
The Communications Management domain focuses on effective communication with stakeholders, understanding their needs, addressing issues, managing conflicts, and ensuring their involvement in portfolio decisions.
- Task 1: Analyze Stakeholders
- Task 2: Create a Communication Strategy
- Task 3: Engage Stakeholders
- Task 4: Maintain Communication Plan
- Task 5: Facilitate Stakeholder Understanding
- Task 6: Verify Communication Accuracy
- Strategic portfolio management alignment
- Advanced portfolio performance monitoring
- Effective risk and issue management
- Decision-making for portfolio prioritization
- Portfolio governance and compliance expertise
- Resource optimization across portfolios
- Financial evaluation and benefit realization
- Stakeholder engagement and communication skills
Career Path
Certification Process
in just a few simple steps
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Instructor Experience15000+
Certified Professionals25
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Frequently Asked Questions
The Portfolio Management Professional (PfMP) certification is a globally recognized credential offered by PMI for professionals skilled in managing portfolios and aligning them with organizational strategies.
PfMP is ideal for experienced portfolio managers, strategic decision-makers, and professionals responsible for overseeing multiple programs and projects to achieve business objectives.
There are two eligibility pathways based on education:
- Pathway 1: Secondary diploma (high school or equivalent), 96 months of portfolio management experience, and 8 years of general professional experience.
- Pathway 2: Bachelor’s degree or higher, 48 months of portfolio management experience, and 4 years of general professional experience.
The exam consists of 170 multiple-choice questions, including 20 pretest questions that do not affect the score. The exam duration is 4 hours.
- Submit an online application to PMI with details of your portfolio management experience.
- Undergo a panel review process to evaluate your application.
- Upon approval, schedule and take the PfMP exam.
- Pass the exam to earn your certification.
The PfMP application review process typically takes 10-15 business days.
The PfMP certification is valid for 3 years.
To maintain your certification, you must earn 60 Professional Development Units (PDUs) in the portfolio management category within the 3-year certification cycle.
The cost of the PfMP certification exam is as follows:
- PMI Members: $800 USD
- Non-Members: $1,000 USD
These fees are for the initial exam attempt. Retake fees apply if the exam needs to be taken.
Yes, candidates are allowed up to 3 retakes within a one-year eligibility period.
The PMI Portfolio Management Professional Handbook, The Standard for Portfolio Management, and other PMI-approved resources are recommended.
- Recognition as an expert in portfolio management.
- Enhanced career prospects and earning potential.
- Improved ability to align portfolio strategies with organizational goals.
No, PMI membership is not mandatory, but it provides cost benefits for the exam fee and access to additional resources.
Yes, attending a PfMP certification training course typically awards you 24-35 PDUs.
The PfMP exam covers five domains:
- Strategic Alignment
- Governance
- Portfolio Performance
- Portfolio Risk Management
- Portfolio Communication Management
Roles include Portfolio Manager, Director of Portfolio Management, Strategic Portfolio Manager, and Chief Portfolio Officer (CPO).
Yes, candidates must meet the specified portfolio management experience requirements to be eligible.
Once your application is approved, you can schedule the Portfolio Management Professional (PfMP)® exam through the PMI online portal.
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