PMI PfMP® Portfolio Management Professional - Live Classroom (Exam Included)
2.850,00 EUR
- 24 hours
Conduct a symphony of project portfolios. The PfMP certification demonstrates that you have the advanced skills to manage and align multiple projects, programs and operations to your organization's strategic objectives. As a PfMP holder, you will balance requirements, monitor portfolio success, and allocate resources where they matter most.
Key Features
Language
Course and material in English
Level
Intermediate level for aspired Portfolio manager
24 hours of live online instructor-led training
5-6 Sessions weekday/weekend 07:00 - 10:00 CET (5x)
Material
PMI-approved Downloadable comprehensive course program
Study Time
150 to 250 hours, depending on experience.
Hands-on learning with group exercises
Balanced mix of classroom and practical sessions
Exam included
Official PfMP exam voucher included after course
Certification included
Certification course completion
Contact us
for a detailed schedule and more date options!
About the course
Do you want to optimize time, costs and resources by applying portfolio management? Do you want to implement best practices in portfolio management that can drive business results? Do you want to minimize the risk of project failure and waste of money? If you answered yes to any of these questions, the Portfolio Management Professional (PfMP)® certification is just the right course for you.
Gain the skills to oversee and manage one or more portfolios seamlessly to drive strategic business objectives. AVC provides you with a well-rounded course designed to help you become a successful Portfolio Manager and get the certification on the first try. With comprehensive course material and in-depth practical sessions, the course will help you enhance your skills and knowledge in portfolio management techniques and establish your ability to manage complex portfolios across sectors and technologies. This course is offered by the Project Management Institute.
Course timeline
Introduction to portfolio management and its benefits
Lesson 1
- About portfolio management
- The benefits of portfolio management
Strategic alignment
Lesson 2
- Evaluate the strategic objectives of the organization
- Identify prioritization criteria
- Rank strategic priorities
- Identify existing and potential portfolio components
- Create portfolio scenarios (What-if analysis)
- Recommend portfolio scenarios
- Determine impact on portfolio components
- Create roadmap for the portfolio
Governance
Lesson 3
- Define and establish governance model
- Establish standards for portfolio management
- Define and modify portfolio processes and procedures
- Create a portfolio management plan
- Make portfolio recommendations and obtain approval
Portfolio performance
Lesson
- Initiate portfolio
- Consolidate data on key performance measures
- Monitor portfolio performance
- Manage problems by communicating
- Manage changes in the portfolio
- Prioritize portfolio components
- Analyze and optimize capacity allocation
- Update and refine portfolio roadmaps
- Measure aggregated portfolio performance results
- Maintain records by capturing portfolio artifacts
Managing communication
Lesson 5
- Analyze internal and external stakeholders
- Create a coherent communication strategy
- Engage stakeholders
- Maintain communication strategy
- Prepare and facilitate stakeholder understanding
- Verify accuracy, consistency and completeness
Risk management of the portfolio
Lesson 6
- Determine acceptable level of risk for the portfolio
- Develop a risk management plan for the portfolio
- Perform dependency analysis
- Develop and maintain a portfolio-level risk register
- Promote common understanding
- Make recommendations and obtain approvals
Learning Outcomes
At the end of this course, you will be able to:
Business objectives
Understand how project portfolio management contributes to organizational success.
The benefits
Learn about all the benefits that portfolio management brings to an organization.
Tools and techniques
Understand the strategic planning tools and techniques used in portfolio management.
Change management
Learn how to drive change, overcome challenges and ensure smooth transitions.
Stakeholder management
Learn stakeholder management techniques and keep stakeholders involved in portfolio updates.
Reporting
Formulate effective project portfolio reports to be shared with relevant stakeholders.
Who Should Enroll in this Program?
The PfMP certification is suitable for professionals responsible for managing a portfolio of projects. Such professionals play a key role in translating the strategic objectives of the organization into relevant results through the projects they manage.
Program Managers
Project managers
VPs / AVPs
PMO / PMO consultants
Professionals managing large-scale programs
Exam Details
Prerequisites:
The PfMP has a list of academic and professional prerequisites.
- For applicants who have a high school diploma, college degree, associate degree or a global equivalent must have at least 84 months of portfolio management experience and at least 96 months of professional business experience in the last 15 years.
- Applicants with a four-year degree, bachelor's degree or global equivalent must have at least 48 months of portfolio management experience and at least 96 months of professional business experience in the last 15 years.
Alternative: a good alternative to this course and certification is MoP - Management of Portfolios.
Exam Format
- Number of Questions: 170 multiple-choice questions
- Duration: 4 hours (240 minutes)
- Question Type: Multiple-choice (no negative marking)
- Exam Mode:
- Online (proctored) via Pearson VUE
- In-person at a Pearson VUE test center
Exam Domains & Weightage
The exam is based on five domains:
- Strategic Alignment – 25%
- Governance – 20%
- Portfolio Performance – 25%
- Portfolio Risk Management – 15%
- Communications Management – 15%
Frequently Asked Questions
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