Portfolio Management PfMP Certification Training 2022

How do I prepare for Portfolio Management Professional (PfMP)® Exam?

The Portfolio Management Professional (PfMP)® is one of the most demanded certifications. It aims to enhance the knowledge of the global language of project management. It basically will help you in connecting to a community of professionals, organizations, and experts worldwide. This certification will make you an expert in recognizing the advanced experience, skill, and performance necessary to manage and align a portfolio of projects and programs to realize organizational strategy and objectives. In today’s competitive world portfolio management is an essential skill. This PfMPcertification will definitely help you achieve your desired goals. Therefore, without taking much of your time. Let’s get started.

To begin with, Portfolio Management Professional (PfMP)® certification examination, will help you develop an insight into how to bridge the gap between strategy and implementation. The two important poles of any portfolio management are strategy and implementation. With a grip on these two, you can easily manage a number of portfolios of any organization. It is a fact that 62% of an organization’s earnings come through efficient portfolio management. Being a professional PfMP you will be able to achieve great heights in your career.

So before we begin our preparation let us understand some of the basic exam details and learning resources to help you prepare better.

Who should take this certification?

The Portfolio Management Professional Certification is designed and developed for practitioners at the executive or senior level; managing a portfolio of projects/programs aligned with an organizational and strategic assemblage of work.

Exam Prerequisites for Portfolio Management Professional (PfMP)®

For the Portfolio Management Professional (PfMP)® examination, you need to have knowledge about:

• All applicants must possess a minimum of 96 months of professional business experience within the last 15 years and

• Secondary degree (high school diploma, associate’s degree, or the global equivalent)

• 84 months of portfolio management experience

• All applicants must possess a minimum of 96 months of professional business experience within the last 15 years and

• Four-year degree (bachelor’s degree or the global equivalent)

• 48 months of portfolio management experience

What all knowledge will I gather?

Now that you are aware of the basic requirements of the examination. However, you might be thinking about what all knowledge I will be gathering or what skills I will be learning. Here, we have listed all the things to help you:

• Strategic Alignment

• Governance

• Portfolio Performance

• Portfolio Risk Management

• Communications Management

Exam Format

• The Portfolio Management Professional (PfMP)® examination has Multiple Choice and Multi-Response Questions that are randomly allocated.

• The next important thing to note is that there are in total 150 questions that you need to answer in 4 hours.

• Further, the cost of the PfMP examination is Member: US $800; Non-Member: US 1000, plus applicable taxes as required per local law.

• The certification is valid for three years only.

Who should apply for it?

As an executive or high-level practitioner managing a portfolio of projects and programs to make sure it is aligned with the organizational goals, you are well-advised to apply for PfMP® certification.

To be eligible for it, as a secondary degree holder you must have at least 8 years of professional business experience and 10,500 hours of portfolio management experience. If you are a four-year degree holder, you need 6,000 hours of portfolio management experience.

PfMP® Certifying Process contains 2 phases.

The first one is a panel review to assess your professional experience based on your response to the Experience Summary. The other panel is a test with 170 multiple-choice questions with 4 hours to complete. Plus, you need to gain 60 PDUs every three years.

Source: ©2013 Project Management Institute, Inc. All rights reserved. PfMP Examination Content Outline

IMT-PM provides Leadership and Strategic and Business Management Bundle that will help you earn 16.5 PDUs for all kinds of PMI® certificates. The convenience of studying anywhere at any time, at your own pace is an advantage. As soon as you complete any single course, you can claim PDUs immediately. No extra charge. No test. No exam. Certificate available. We have everything you need in one package. Register now to receive a 67% discount.

Courseware:

Every student will be given access to the Proventures E-Learning portal. We include this cost in our course fee and distribute the login credential once you register for our programs. The student can use the portal for one year to learn. The portal contains an online reader / downloadable pdf version of the PfMP learning document, Pre and Post assessments, templates, and short videos.

Overview:

Proventures become PMI Approved Training Partner (ATP) and commence the first PMP Prep training in Oct 2020. We are committed to helping you succeed and grow your business, as well as helping our customers find high-quality training. PMI and Logical Operations have partnered to provide you with the one-on-one support you need to get started and grow your business through your participation in the Authorized Training Partner Program.

Proventures is a 360° Project Management Service Provider with a primary focus on Project and Portfolio domain specializing in Consulting & Pmo Services, Product Development, Business Solutions, and Corporate Training.