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PfMP Certification - Best Portfolio Management Professional Course

The Portfolio Management Professional – PfMP certificate is designed for executives and higher management managers who handle a portfolio of programs and projects. PMI offers you the PfMP certification as one of the most elevated certificates in the Project Management Portfolio.

Hence, we assist you through this preparation course to gain the required body of knowledge, as few professionals around the globe acquire the PfMP certificate, the same as PgMP. Thus, you can join the professionals' elite group by getting ready with this PfMP course.

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5 Days

25 Hours

27 Aug 2023

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This course includes:

  • Interactive Training Method
  • 100+ Practice Questions
  • Certified Trainer
  • Convenient Delivery Option
  • 24/7 Learner Support
  • Content Designed by Industry Experts
  • One Year Subscription

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What to Expect From This Course

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Skills & Competencies

Delivery Method

Exam Details

What is expected from this PfMP Course?

The PfMP Portfolio Management Professional course empowers you with the terminologies, skills, and strategic management frameworks you need when managing mega programs falling under one portfolio. Hence, you will study several resources published and approved by PMI. 

By the end of this training course, you will obtain the below objectives: 

  • Overseeing the success of one or more portfolios 
  • Aligning the opponent approaches and demands of the different departments in programs & projects   
  • Allocating resources based on organizational priorities and capacities   
  • Adopting to achieve sustainable strategic objectives   
  • Gaining a distinct advantage by holding a prestigious certificate like PfMP    
  • Acquiring solid knowledge of Performance Management, Risk Management, and Strategic Governance Management   
  • Developing portfolio management life cycle 
  • Obtaining a strategic skillset where you develop portfolio management strategic plans & portfolio charters, and roadmaps while aligning the 3 deliverables with the strategic goals of the organization    
  • Setting crystal clear strategic-fit criteria for projects selections   
  • Developing the necessary portfolio artifacts along with project management artifacts 

Who Needs to get the PfMP Certification?

  • Professionals with 8 years of project and program management experience  
  • Portfolio Managers 
  • Program Managers 
  • Executive or Senior-Level Practitioner 
  • Senior Project Managers 
  • Chief Project Officers 
  • Associate Directors 
  • Project Management Officers, Executive Managers.

Skills Acquired from This Portfolio Management Professional Course: 

  • Strategic portfolio management planning  
  • Strategic planning processes, tools, and techniques  
  • Business analysis 
  • Interdependency analysis  
  • Prioritization analysis techniques   
  • Procedures to identify risk tolerance   
  • Organizational risk tolerance  
  • Structural risk analysis - portfolio and mission  
  • Organizational Structure  
  • Portfolio balancing  
  • Aggregate risk assessment and evaluation  
  • Decision Making and other various skills.

Live Online PfMP Training Course:

  • Online Course Duration: 5 Days  
  • Exam Simulation  
  • Group Activity (Break-out Session) after each lesson  
  • Practice Test  
  • Access to additional References – Portfolio Management Glossary/ Recommended Reading  
  • The material language will be English  

PfMP Certification Exam Requirement:

Without a four-year degree:  

  • You must acquire a minimum of 8 years of professional business experience  
  • Completion of at least 7 years of unique non-overlapping professional portfolio management experience 

With a Four-year degree:  

  • You must acquire a minimum of 8 years of professional business experience  
  • Completion of at least 4 years of unique, non-overlapping, professional portfolio management experience  

With a degree from a GAC-accredited program:  

  • You must acquire a minimum of 8 years of professional business experience  
  • Completion of at least 3 years of unique, non-overlapping, professional portfolio management experience  

PfMP Exam Protocol

  • Strategic Alignment – 25%  
  • Governance– 20%  
  • Portfolio Performance – 25%  
  • Portfolio Risk Management – 15%  
  • Communications Management – 15%  

PfMP Exam Format

  • PfMP is initiated with a panel review  
  • The specified time for examination 4 Hours 
  • The total number of exam questions is 170 
  • The PfMP exam contains multiple choice   
  • Number of scored questions (150)  
  • The number of questions of a pre-test that is unscored is (20)  
  • You can apply to the PfMP exam via the PearsonVUE platform 

  

PfMP Certification Maintenance Requirements  

Must earn 60 PDUs per three-year cycle to maintain certification.  

  

Course Outline

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  • Purpose of The Standard for Portfolio Management
  • What is a Portfolio?
  • What is Portfolio Management?
  • Relationship between Portfolio Management, Program Management, Project Management and Organizational Project Management
  • Portfolio Management and Organizational Strategy
  • Business Value
  • Portfolio Component Management Relationships
  • Role of the Portfolio Manager
  • Role of PMO in Portfolio Management
  • Portfolio Management Body of Knowledge
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  • Portfolio Management and Organizational Strategy and Objectives
  • Portfolio Management Process Implementation
  • Portfolio Management Process Cycle
  • Portfolio Management Information System (PMIS)
  • Portfolio Management Governance
  • Portfolio Stakeholders
  • Organizational influences on Portfolio Management
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  • Portfolio Management Process Groups
  • Portfolio Management Process Interactions
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  • Develop Portfolio Strategic Plan
  • Develop Portfolio Charter
  • Define Portfolio Roadmap
  • Manage Strategic Change
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  • Develop Portfolio Management Plan
  • Define Portfolio
  • Optimize Portfolio
  • Authorize Portfolio
  • Provide Portfolio Oversight
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  • Develop Portfolio Performance Management Plan
  • Manage Supply and Demand
  • Manage Portfolio Value
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  • Develop Portfolio Communication Management Plan
  • Manage Portfolio Information
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  • Develop Portfolio Risk Management Plan
  • Manage Portfolio Risks
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