|Description||Your small business will the work right. But can it perform the right work? Like a portfolio manager, your role is essential to making sure the answer is “Yes.”|
Formal portfolio management is the most effective way to apply strategic initiatives given it bridges the space between strategy and implementation. Organizations which are efficient at portfolio management had 62 percent of goods meet or exceed expected ROI in accordance with our 2012 Pulse of the marketplace research. Portfolio managers align projects, programs and processes with strategic objectives, investing resources in the right try to deliver the expected value.
The Portfolio Management Professional (PfMP) signifies your advanced competency in the coordinated treatments for more than one portfolios to attain strategic objectives. Organizations with mature project portfolio management practices complete 35 percent a greater portion of their programs successfully. They fail more infrequently and waste less money in accordance with our 2015 thought leadership report, Delivering on Strategy: The effectiveness of Project Portfolio Management.
Who Should Apply?
If you’re a professional or senior-level practitioner building a portfolio of projects and programs aligned with organizational strategy and dedicated to doing the best work, then your PfMP will be the solution you're looking for.
Study Guide for Portfolio Management Professional (PfMP) Certification
Gain and keep Your PfMP
? First phase of evaluation is panel review
? The certification exam has 170 multiple-choice questions and you've got 4 hours to accomplish it.
? To sustain your PfMP, you need to earn 60 professional development units (PDUs) in portfolio management topics every 36 months.
PfMP Exam Price
? Member: US$800.00
? Non-member: US$1,000.00
Prerequisites for PfMP Exam
? All applicants must possess a the least eight years of professional business experience AND
? Secondary degree (senior high school diploma, associate’s degree or global equivalent)
? 10,500 hours of portfolio management experience
? Four-year degree (bachelor’s degree or perhaps the global equivalent)
? 6,000 hours of portfolio management experience
PfMP Exam Guidance
To earn your PfMP credential, you'll want to fulfill the experience requirements and pass the panel review and PfMP examination, a 170-question, multiple-choice test.
It doesn't matter how advanced your portfolio management experience could possibly be, you need to still prepare vigorously for that exam. Often the usage of multiple study aids - including courses, self-study and look at groups - have already been beneficial. It can take a long time to prepare, so ensure you leave yourself plenty of preparation time prior to taking the test.
Suggestions to Plan for the PfMP Exam
? Review the PfMP handbook .
? Use the PfMP Exam Content Outline to steer your study.
? Review The common for Portfolio Management - Third Edition.
? Refer to the PfMP Examination Reference List to steer your study.
? Enroll inside a formal study course offered by PMI chapters or accredited Registered Education Providers (R.E.P.s). You may also review self-study books provided by R.E.P.s along with other reputable training organizations.
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|Created||24 Sep 2019|
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