PfMP® Boot Camp

Approved courseware

Industry expert trainers

21 PDUs

Quizzes & workshops

Practice Exams

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Overview

Offered by the PMI, the Portfolio Management (PfMP)® vouches for a professional’s ability to implement strategic initiatives which streamline strategy and implementation. Practitioners with this credential are capable of aligning projects, programs and operations with strategic objectives. As a result, they can help their organizations thrive by investing in the right work and achieving expected value.

Through the PfMP® Bootcamp, certification candidates will receive in-depth knowledge and guidance on how to pass the certification examination. They will also receive new skills that will advance their competency in the coordinated management of portfolios and empower them to achieve strategic objectives. As a result, they will become crucial members of the portfolio management team.

Learning Objectives

In addition to preparing you for the PfMP® Certification, this bootcamp aims to help you develop an understanding of the following concepts detailed in PMI’s Standard for Portfolio Management (Fourth Edition):

  • Project portfolio management process and how it contributes to organizational success 
  • Benefits of portfolio management 
  • Strategic planning process, tools and techniques 
  • Methods to identify and apply selection criteria to project portfolio components 
  • Change and cost management techniques 
  • Stakeholder management techniques
  • Methods for formulating effective project portfolio reports

Who Should Attend this Training

  • PMO leaders 
  • Project and program managers managing portfolios
  • Financial, marketing and operational executives
  • Project professionals who wish to transition to mid- or upper-level management

Prerequisites

To be eligible for the PfMP Certification, candidates should meet the educational and professional experience requirements listed below. However, there are other requirements you should meet, and these are detailed in the FAQs.

For Secondary Diploma Holders (High school diploma, associate’s degree, or their equivalent

  • Minimum eight (8) years of professional business experience
  • Minimum seven (7) years or 10,500 hours of unique non-overlapping professional portfolio management experience

For Four-Year Degree Holders (Bachelor’s degree or global equivalent)

  • Minimum eight (8) years of professional business experience
  • Minimum seven (4) years or 6,000 hours of unique non-overlapping professional portfolio management experience

 

Examination Format

  • 170 multiple choice questions
  • 150 scorable questions and 20 pretest questions
  • 4 hours duration
  • Computer-based examination

What’s Next?

Portfolio Management Professional (PfMP)® is a standalone qualification. You can, however, expand your knowledge and skill with other portfolio management certifications such as Management of Portfolios (MoP®) Foundation and Practitioner.

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Training Delivery Options

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Features include

  • Study anywhere, anytime, on any device
  • Enjoy lifetime access to accredited courseware
  • Test your knowledge with quizzes and practice exams

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Features include

  • Train with the best instructors wherever you are
  • Gain access to quizzes, exams, and valuable resources
  • Interact with instructors in real-time for maximum learning
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Corporate Training

Features include

  • Flexible pricing and schedule at your ease
  • Self-paced and instructor-led training options
  • Comprehensive learner assistance and support
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Syllabus

  • Ongoing Life Cycle
  • Portfolio Management Information System
  • Governance Within the Portfolio Life Cycle

  • Portfolio Strategic Objectives
  • Developing Portfolio Strategic Objectives
  • Strategic Risk Appetite
  • Portfolio Charter
  • Portfolio Roadmap
  • Key Portfolio Components
  • Portfolio Optimization
  • Managing Strategic Alignment

  • What Is Portfolio Governance?
  • Guiding Principles
  • The Concept of Governance
  • Effective Portfolio Governance Design Factors
  • Portfolio Governance Roles

  • Capacity Management
  • Capacity Planning
  • Supply and Demand Management
  • Supply and Demand Optimization
  • Organizational Capabilities
  • Capability Assessment
  • Capability Development
  • Performance Reporting and Analytics
  • Balance Capacity and Capability

  • Definition and Identification of Portfolio Stakeholders
  • Analysis of Portfolio Stakeholders
  • Stakeholder Engagement Planning
  • Identifying Communications Management Approaches
  • Manage Portfolio Communications

  • What Is Value Management?
  • Components of Value Management
  • Negotiating Expected Value
  • Maximizing Value
  • Assuring Value
  • Realizing Value
  • Measuring Value
  • Reporting Value

  • Portfolio Risk Management
  • Key Planning Elements
  • Portfolio Risk Management Framework and Portfolio Risk Management Plan

  • PfMP application process
  • Exam tips and tricks
  • Practice Examinations

Exam & Certification FAQs

Can I take a paper-based certification examination?

While computer-based testing (CBT) is the standard for PMI exams, paper-based testing may be available if:

    • The closest CBT site is 240 km (150 miles) away. 
    • A CBT site is not available in your country and traveling across country borders is not allowed or burdensome.

However, you will not receive your exam report on the same day of the exam. Instead, you will be able to access the report in six to eight weeks after the examination date. An email will be sent to you once the report is posted online.

 

What does the certification exam cover?

The PfMP certification examination will cover the following domains, which are shown with an estimate percentage of the questions you will receive:

    • Strategic Alignment (25%)
    • Governance (20%)
    • Portfolio Performance (25%)
    • Portfolio Risk Management (15%)
    • Communications Management (15%)

 

Are there additional certification steps I should know of?

Upon submitting your certification application, you may be selected for audit. If selected, you will be notified to submit additional documents such as copies of diploma and signatures from supervisors from the projects/programs listed in your application.

Once the audit is completed, a panel review will commence. A panel of portfolio managers will assess your experience based on your responses to the Portfolio Management Experience Summaries part on the PfMP application. If you fail the panel review, you will not be able to continue to the examination. This process will take around four weeks.

Once you pass the panel review, you can proceed to taking the exam.

 

Will I need to fulfill requirements to maintain my certification?

Yes, you do. Certified PfMP professionals need to have 60 PDUs per three-year cycle – minimum 35 Education PDUs and maximum 25 Giving Back PDUs. Education PDUs are further broken down into minimum 8 Technical PDUs, 8 Leadership PDUs, 8 Strategic PDUs, and 11 PDUs from any area of the PMI Talent Triangle.

 

Can I retake my certification exam if I fail?

Yes, you can. In addition to your first attempt, you can re-take the exam two more times within your one-year eligibility period.

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