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Portfolio Management is the application of management activities to a collection of programs, projects and/or operations to achieve strategic business objectives. Portfolio Management is not just about ensuring profits but cohesively binding projects within the portfolio, so that they work in tandem to achieve global goals of the organization. As a Portfolio Manager, you would be required to manage various aspects such as time, cost, resources and so on by applying portfolio management best practices.Helping you monitor and manage one or more portfolios seamlessly is the Portfolio Management Professional (PfMP)® certification from Project Management Institute (PMI)®, a globally recognized credential that will also give you an edge over your non-certified counterparts.
KnowledgeHut brings you a well-rounded course designed to help you become a success as a Portfolio Manager and gain the certification at the first attempt. With comprehensive courseware and in-depth practical sessions, the course helps you to enhance your competence and knowledge in Portfolio management techniques, and establish your ability to handle complex portfolios across sectors and technologies.
What you will learn?
The workshop will help you:
You will also get:
The following are the eligibility requirements for the Portfolio Management Professional (PfMP)® credential
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Educational Background |
Portfolio Management Experience |
Professional Business Experience |
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Secondary degree (high school diploma, associate’s degree or global equivalent) |
10,500 hours (7 years) of unique non-overlapping professional portfolio management experience |
A minimum of 8 years of professional business experience |
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OR |
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Four-year degree (bachelor’s degree or global equivalent) |
6,000 hours (4 years) of unique non-overlapping professional portfolio management experience |
A minimum of 8 years of professional business experience |
Two evaluations must be cleared in order to earn the PfMP® credential.
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Evaluation 1 |
Application Panel Review |
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Evaluation 2 |
Multiple-choice exam |
On clearing the first evaluation, candidates can take the 4-hour examination, consisting of 170 multiple-choice questions.
The trainer was very knowledgeable and gave all the necessary tips to attend for the test. However, the training material would've been good if some more examples we're given... Otherwise all good.
Attended workshop in January 2018PMP training was pretty good as expected.
Attended workshop in June 2018It was a very good training. The trainer is well presented and has immense knowledge and clarified all the questions.
Attended workshop in May 2018The workshop was very interesting and interactive. All the concepts was clearly covered in the session. All the doubts and queries was solved with good example. Overall it was a good experience.
Attended workshop in May 2018Portfolio Management is without doubt an organization’s most important aspect as it supports strategic goals and ultimately ensures faster ROI. Not only that, by developing a seamless synergy between projects, portfolio management ensures proper financial support and prioritization towards achieving these goals. As a (PMI-PfMP)® you will be able to monitor and manage multiple portfolios by: selecting the appropriate portfolio components, managing stakeholders and keeping them up-to-date with key portfolio communications, and ensuring timely and consistent portfolio reviews.
You may attend the coaching to gain an in-depth knowledge of portfolio management principles, but without the stated educational qualifications and experience, you cannot appear for the examination.
No, there is no online/virtual course for PfMP®.The Portfolio Management Professional certification requires in-depth knowledge of portfolio management techniques, which you get from our certified experts who lead the workshop.
You will get 21 PDUs toward your continuing education requirements with the Project Management Institute (PMI) ® for Project Management Professional (PMP)® and PMI Agile Certified Practitioner (PMI-ACP) ® certifications.
PDUs are credits awarded by the Project Management Institute . They recognize your dedication to the Project Management world through the award of credits for every educational effort you make throughout your career. Every PMI® certification, except the Certified Associate in Project Management (CAPM)® certification, requires you to earn a specific number of PDUs per three-year certification cycle.
To gain the PfMP® credential you need to first pass the panel review and then the 170-question, multiple-choice test.
To maintain your PfMP®, you must earn 60 professional development units (PDUs) in portfolio management topics every three years.
The exam fee for PMI members is USD 800 and for non-members is USD 1,000.
If you fail the exam on your first attempt, you can re-take it two more times within your one-year eligibility period. Fees are associated with re-examination. Details for re-examination can be found in the certification handbook.
Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: http://www.knowledgehut.com/refund
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