Portfolio Management Professional (PfMP)

////Portfolio Management Professional (PfMP)

Portfolio Management Professional (PfMP)

 35,000  30,000

  • Expert Vetted Courseware Material for Learning
  • 1-on-1 In person Interactive Classroom
  • Application Assistance for Panel Review
  • Sample Mock Exam Questions

 

Description

Portfolio Management Professional Credential awarded by PMI (Project Management Institute) is recognized as PfMP (Portfolio Management Credential). Achievement of this certification emphasizes the individual has advance level of understanding of corporate strategy, vision and direction. Emphasis of credential holders primarily relies upon managing successful portfolio of programs and projects, prioritization of organizational resources in the right direction. In day to day corporate experience, we call it as Business Unit, Business Vertical, Department, Profit Centre & Control Centre to manage multiple projects, programs under a management umbrella called as Portfolio.

What is the role of the Portfolio Manager?

The role of Portfolio Manager is responsible for assigned Portfolios.

  • Identify primary Stakeholders to support organizational relevant portfolio assessment.
  • Prioritize Programs & Projects in alignment with organizational vision & strategy.
  • Constant engagement of stakeholders with clear communication.
  • Negotiate necessary involvement of Senior leadership across Portfolio for direction.
  • Optimization of the portfolio programs & projects for harmonization of resources, standards, templates, technology utilized and so on.

Who should go for Portfolio Management Professional Certification:

  • Business Heads & Senior Management Personnel
  • Functional Architects, Directors & General Managers
  • Technocrats, Vice President, AVP & C-Level Executives

How to achieve PfMP Certification:

Step1 Evaluation based on Panel Review:

Submit a detailed application on Portfolio Management Experiences from your past work experience. This application is in detail reviewed by multiple Portfolio Managers. Successful completion of the application review entitles applicants to go to Step2. Upon joining our training, we will help you to submit your application for Panel Review.

Step2 based on Multiple Choice Exam:

Answer the examination based on Scenario Based and Situational Questions. Exam duration is 4 hours with 170 multiple choice questions, in which 150 are scoring questions. 20 non-scoring randomly placed questions which does not have relevance on results. Our PfMP training offered is good to go for the PfMP Certification Exam.

PfMP Exam Content Outline:

Domain 1: Strategic Alignment (8 tasks) 25% Exam Questions
Domain 2: Governance (5 tasks) 20%
Domain 3: Portfolio Performance (10 tasks) 25%
Domain 4: Portfolio Risk Management (6 tasks) 15%
Domain 5: Communications Management (6 tasks) 15%

More details about the Exam Content Online can be referenced on PMI website here:

http://www.pmi.org/~/media/PDF/Certifications/PfMP_Examination_Content_Outline.ashx

PfMP Training Agenda for 2 Days:

Day 1Day 2
Domain 1: Strategic Alignment (8 tasks)Domain 4: Portfolio Risk Management (6 tasks)
Domain 2: Governance (5 tasks)Domain 5: Communications Management (6 tasks)
Domain 3: Portfolio Performance (10 tasks)

PfMP Certification Renewal:

Every 3 years, Portfolio Management Professional have to submit 60 PDU’s(Professional Development Units) which entitles PfMP to be renewed for another 3 Years cycle.

PfMP Certification Cost Involved:

Portfolio Management Professional Training Cost: INR 30,000
Portfolio Management Professional Exam Cost: For Members USD 800
For Non-Members USD 1000

Portfolio Management Professional Eligibiltiy Criteria:

Educational Background Overall Experience Required Relevant Experience Required
4 Year Bachelor’s Degree Minimum of 8 Years (96 Months) 6000+ Hours of non-overlapping Portfolio Management Experience
Diploma Degree Minimum of 8 Years (96 Months) 10500+ Hours of non-overlapping Portfolio Management Experience