Portfolio Management Professional (PfMP®)

PMI’s 2015 report, Delivering on Strategy: The Power of Portfolio Management, found that organizations that have mature project portfolio management practices in place gain a significant advantage over competitors in that they “complete 35 percent more of their programs successfully, fail less often and waste less money.”  

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Unleash your true potential and drive your career forward. Tap into the wealth of project management and agile knowledge that PMI provides via certifications, resources, courses, and so much more.

PfMPs are rare, having only been in existence since May 2014 and as of January 2019 there are 625 PfMP certification holders in the world. 

Course Description

Studies have consistently shown organizations today fail to implement their strategies. The failure rate differs among studies, but even the most optimistic puts the failure rate at 50% with some studies showing as high as 90%.

One of the primary reasons for strategy implementation failure is poor project investment selection and poor organizational focus. This results in significant waste and ineffective use of precious assets and resources.

Confronting the issue of investment selection and prioritization as well as limited resources, organizations must work “smarter” by focusing their limited resources on the most important and highest priority endeavours.

PMI created the PfMP credential in 2014 mainly focused on addressing this major gap in organizational project management. Portfolio management is commonly viewed as the apex of the project management professional ladder.

Portfolio managers often plan mid- to upper-level leadership roles, working with business executives to influence and determine project investments. The PfMP certification provides the necessary credential and credibility to be at the same table with senior executives.

Course Objectives

Upon completion of the course, participants will have an understanding of:

  • What are Portfolios and what is Portfolio Management
  • The interaction between Portfolio Management, Program / Project Management and Organization Strategy
  • The Role of the Portfolio Manager and other key roles in Portfolio Management
  • How to design, Prioritize, build the portfolio and manage the portfolio component relationships
  • The Three Portfolio Management Process Groups and the interactions among them
  • The five Portfolio Management knowledge areas

Key Course Topics

This portfolio management test prep course is designed to prepare you for the PfMP credentialing examination, which is offered by the Project Management Institute.

With lessons on data analysis as well as business communication and collaboration, the course contains engaging lessons and self-assessment quizzes to help you review the concepts and practice the types of questions you can expect on the exam.

The course helps you study several portfolio management topics, such as:

  • Lesson (1):   Introduction to Portfolio/Program and Project Management  
  • Lesson (2):   Portfolio Management Overview & Organization  
  • Lesson (3):   Portfolio Management  Process Groups
  • Lesson (4):   Portfolio Strategic Management
  • Lesson (5):   Portfolio Governance Management
  • Lesson (6):   Portfolio Performance Management
  • Lesson (8):   Portfolio Communication Management
  • Lesson (9):   Portfolio Risk Management

Prerequisites

  • All applicants must possess a minimum of eight years of professional business experience AND
  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 10,500 hours of portfolio management experience
  •  

Who will benefit from the course?

As the PfMP certification is the most elite PMI qualification, credential holders will gain a distinct advantage in employment and promotional opportunities over their peers and this course is ideally suited for current program, project, and portfolio managers, along with VPs/AVPs, PMO Directors / PMO consultants.

PfMP® Training Fee

Member: $700.00 
Non-member: $770.00

Pak Rupees to USD Parity is assumed at Rs. 250

Prevailing Parity PKR-USD will be applied

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