Portfolio Management Professional (PfMP)

Formal portfolio management is the most effective way to implement strategic initiatives because it bridges the gap between strategy and implementation. Organizations that are effective in portfolio management had 62 percent of products meet or exceed expected ROI according to our 2012 Pulse of the Profession® research. Portfolio managers align projects, programs and operations with strategic objectives, investing resources in the right work to deliver the expected value. The Portfolio Management Professional (PfMP) signifies your advanced competency in the coordinated management of one or more portfolios to achieve strategic objectives. Organizations with mature project portfolio management practices complete 35 percent more of their programs successfully. They fail less often and waste less money according to PMI 2015 thought leadership report, Delivering on Strategy: The Power of Project Portfolio Management.  Your organization does the work right. But does it do the right work? As a portfolio manager, your role is essential to ensuring that the answer is “Yes.”

The Portfolio Management Professional (PfMP) certification is a globally recognized certification offered by the Project Management Institute (PMI) that demonstrates an individual's expertise in portfolio management. Program management involves managing multiple projects and programs that are grouped together to achieve a strategic objective.

Earning the Portfolio Management Professional (PfMP) certification can be beneficial for your career in several ways: Demonstrate Expertise in Portfolio Management: The PfMP certification validates your expertise in portfolio management, demonstrating to potential employers that you have the knowledge and skills to manage complex portfolios of projects and programs. Global Recognition: The PfMP certification is offered by the Project Management Institute (PMI), a globally recognized organization for project management professionals. Earning the PfMP certification can help you stand out to potential employers and clients who value PMI's standards and best practices. Increase Earning Potential: According to PMI's Salary Survey, professionals with the PfMP certification earn higher salaries than their non-certified peers. Career Advancement: The PfMP certification can open up new job opportunities in the field of portfolio management and can help you advance your career to more senior-level positions. Join a Global Community of Professionals: Earning the PfMP certification also gives you access to a global community of portfolio management professionals who share best practices, insights, and knowledge to help you stay current in the field. Overall, the PfMP certification can help you advance your career, increase your earning potential, and demonstrate your expertise in portfolio management. It is a valuable credential for experienced portfolio managers who are looking to distinguish themselves in the field and take their careers to the next level.

Elite Minds PfMP exam preparation course offers a cutting-edge curriculum designed by industry experts who have rich training experience. They are aware of the different learning needs of students and try to explain all the concepts in a beginner-friendly manner. As a conclusion, our PfMP course isn’t difficult to follow, and it is covering all exam domains and subjects which you need to be aware of for the exam.

Writing the Portfolio Management Professional (PfMP) exam application can be a challenging process, as it requires a significant amount of documentation and a thorough understanding of portfolio management. Here are some tips to help you navigate the PfMP exam application process: (1) Review the Exam Content Outline: Before applying for the exam, review the Exam Content Outline (ECO) provided by the Project Management Institute (PMI). This will help you understand the expectations for the exam and the areas of portfolio management that will be covered. (2) Gather Required Documentation: The PfMP exam application requires a significant amount of documentation, including detailed descriptions of your portfolio management experience, references, and other supporting materials. Start gathering these materials early in the process to ensure that you have everything you need to complete the application. (3) Pay Attention to Detail: The PfMP exam application is a detailed and complex document that requires a high level of attention to detail. Be sure to thoroughly review the application before submitting it to ensure that all required information is included and accurate. (4) Seek Assistance: If you have questions or need assistance with the PfMP exam application process, reach out to the Project Management Institute (PMI) or other portfolio management professionals who have gone through the process. They can provide guidance and support to help you navigate the application process.

Overall, the PfMP exam application process can be challenging, but with careful preparation and attention to detail, you can successfully complete the application and move forward with earning your PfMP certification.

The amount of time it takes for the Portfolio Management Professional (PfMP) application to be approved by the panel can vary depending on a variety of factors, such as the completeness of the application and the workload of the panel members. However, the Project Management Institute (PMI) typically processes PfMP applications within 5-10 business days of receipt. Once your application has been reviewed and approved, you will receive an email notification from PMI with instructions on how to schedule your exam. It is important to note that the exam scheduling process can also take some time, as you may need to find an available testing center and select a date and time that works for you. Overall, it is recommended that you submit your PfMP application well in advance of your desired exam date to allow for any potential delays in the application review process. If you have not received a response from PMI within a few weeks of submitting your application, you can contact PMI customer service to inquire about the status of your application.

Our course includes access to our e-learning content, practice simulation exams that are very close to the real PfMP exam, tips and tricks videos that help you tackle the toughest PfMP exam questions, references to prepare for the exam, and WhatsApp group communication with the course instructor.

If you have decided to take a formal PfMP exam preparation course, you just need to sign up on our website, select the PfMP exam preparation course, and complete the payment to get access to the study materials. You can pay through Credit/Debit cards, or PayPal.

Our PfMP exam preparation course is aligned with the syllabus covered in the actual PfMP Certification exam. Our applied learning approach helps learners understand the concepts better and our instructor is a PfMP-certified who has more than 7 years of experience coaching and preparing students to pass the exam from the first trial. Our PfMP exam preparation course includes access to digital materials, case studies, interactive quizzes, and simulation exams to help you prepare for the PfMP Certification exam and clear it in the first attempt. Also, you will be able to communicate with our instructor through WhatsApp to answer your questions in timely manner.

Examination fees are $1,000 for nonmembers, and $800 for members.

Participants are granted three chances to pass the PfMP® exam in one year. For the second and the third attempt for the examination, the participants must pay an additional fee of $600 (for members) or $800 (nonmembers) as a reexamination fee. The participants will have a waiting period of one year before they can re-appear for the exam in case, they don't pass in their first three attempts after completion of PfMP training course.

The PfMP® exam is comprised of 170 questions, 240 minutes to complete the exam, one additional break for a total of two 10-minute breaks for computer-based tests. No scheduled breaks for paper-based exams. Questions will be multiple-choice only.

You can reach out directly to our instructor throughout WhatsApp +962797205176.

The PfMP certificate is valid for three years. To maintain your PfMP certification, you need to achieve 60 Professional Development Units (PDUs) in a 3-year cycle.

First, you need to check whether you are eligible to take the PfMP certification exam. For example, a four-year degree, 48 months of project management experience or PMP, and 48 months of portfolio management experience within the last 15 years. Next, you should complete the PfMP Exam Application: Once you have met the eligibility requirements, you must complete the PfMP exam application, which requires you to provide detailed information about your portfolio management experience, references, and other supporting documentation. The application is reviewed by the Project Management Institute (PMI) to ensure that you meet the eligibility requirements. Finally, you need to pass the PfMP certification exam to receive the PfMP certificate.

If you are a PMI member, you need to pay USD 60 as a renewal fee. For non-PMI members, the renewal fee is USD 150. 

The PfMP certification exam is quite difficult, even for those who have experience in portfolio management. So, the time it takes to prepare for the exam entirely depends on your prior knowledge and the intensity with which you prepare. If you are dedicated enough, it can take you around two months for complete preparation with the help of PfMP training.

The PMP, CAPM, and PMI-ACP exams are translated into multiple languages. Please consult the respective certification handbooks for details on specific languages available. Other certification exams are not currently translated, but PMI will notify you when translations are available.