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Portfolio Management Professional (PfMP)

PfMP stands for Portfolio Management Professional certification. It is a certification program offered by the Project Management Institute (PMI) that validates the candidate's knowledge and skills in portfolio management, and their ability to manage portfolios of programs and projects to achieve strategic business objectives.

The PfMP certification is designed for experienced portfolio managers who have a demonstrated track record of managing portfolios of programs and projects.

The certification covers a range of portfolio management topics including portfolio governance, portfolio risk management, portfolio performance management, portfolio communication management, and portfolio stakeholder management.

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Certificate Description

PfMP® Elite Minds training course covers core topics essential for a portfolio management professional. It includes topics such as best practices, processes, tools and techniques, and core competencies required from a portfolio manager. With an emphasis on strategic and business knowledge, the course also highlights the role of a portfolio manager in an organizational context.

This online course conforms to the PMI-PfMP latest exam content outline and aligns with the Standard for Portfolio Management (3rd edition). Elite Minds Portfolio Management training course is designed to cover the following exam domains: Strategic alignment, governance, portfolio performance, portfolio risk, and communication management.

Our course will start with fundamentals of portfolio management as per the project management institute publications, then it will outline its structure, all three process groups, and the five portfolio management knowledge areas. The second section of this course will provide you with the tips needed to write your PfMP exam application. The course will cover the five knowledge areas processes in detail: Portfolio strategic management, governance management, portfolio performance management, portfolio communication management, and risk management. Elite Minds portfolio management course will go through all the processes within each mentioned knowledge area.

Finally, this course will help you to prepare for the PfMP exam by describing the exam outlines, exam question types, exam tips, study plan, and the real exam screen. Also, at the end of the course you will have access to three simulation PfMP examinations with overall 510 questions. They are like the ones you will see in the real PfMP test.

Why to take this course from Elite Minds?

  • Increase your confidence and improve your chances of passing the PMI PfMP exam from the first trial.
  • Streamline the massive amounts of information required to pass the test.
  • Learn from experts. The course is designed and taught by PMI PfMP credential holder with extensive knowledge and experience.
  • Dedication. We have expert trainers, who are PMI PfMP certification holders, ready to help you pass the exam.

If you are planning to pass the PMI PfMP exam, this exam prep course is the only thing you should use! I promise you that this is the most comprehensive project portfolio management training course to prepare you for the exam, and make you pass the PfMP exam from your first trial.

What will you learn?

  • What are portfolios, what is portfolio management and the five knowledge areas.
  • The interaction between Portfolio Management, Program / Project Management and Organization Strategy.
  • The Role of the Portfolio Manager and other key roles in Portfolio Management.
  • How to design, prioritize, build the portfolio, and manage the portfolio component relationships.
  • The three Portfolio Management Process Groups and the interactions among them.
  • You will be able to pass the PfMP exam from your first trial.
  • Practicing high quality PfMP exam simulators.

This workshop is designed for Portfolio Managers, Senior Project Managers, Senior Team Leaders, Program Managers, Software Managers, and Senior Technical leaders who want to develop or improve their Portfolio Management knowledge and skills based on global standards and best practices.

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Certificate Course Curriculum

  • Meet your instructor
  • 02:05
  • Terms you need to know
  • 03:33
  • Exam Requirements
  • 01:58
  • PfMP Exam Application
  • 02:02
  • Panel Review
  • 02:21
  • The Standard
  • 02:33
  • The PfMP Exam
  • 01:36
  • Course Agenda
  • 01:40

  • PfMP Application Timeline
  • 04:42
  • The Application Structure
  • 02:52
  • Experience Summary
  • 07:43

  • Introduction
  • 02:27
  • What is a Portfolio?
  • 16:22
  • Portfolio Management Principles
  • 05:03
  • Strategy and Portfolio Management
  • 14:51
  • Portfolio Components
  • 10:39
  • Roles in Portfolio Management
  • 21:15

  • Introduction
  • 08:51
  • Process Groups
  • 06:48
  • Processes Interactions
  • 06:19
  • Common inputs and outputs
  • 05:24

  • Introduction
  • 03:32
  • Develop Portfolio Strategic Plan
  • 14:53
  • Develop Portfolio Charter
  • 09:45
  • Develop Portfolio Roadmap
  • 07:27
  • Manage Strategic Change
  • 11:55
  • 10 Questions
  • Quiz
  • Quiz Answers
  • 07:50

    • Introduction
    • 03:41
    • Develop Portfolio Management Plan
    • 26:29
    • Define Portfolio
    • 24:53
    • Optimize Portfolio
    • 19:19
    • Authorize Portfolio
    • 08:40
    • Provide Portfolio Oversight
    • 09:08
  • 10 Questions
  • Quiz
  • Quiz Answers
  • 07:23

    • Introduction
    • 09:21
    • Develop Performance Management Plan
    • 23:00
    • Manage Supply and Demand
    • 18:18
    • Manage Portfolio Value
    • 22:06
  • 10 Questions
  • Quiz
  • Quiz Answers
  • 08:02

    • Introduction
    • 03:03
    • Develop Communication Management Plan
    • 25:09
    • Manage Portfolio Information
    • 14:29
  • 10 Questions
  • Quiz
  • Quiz Answers
  • 05:41

    • Introduction
    • 18:28
    • Develop Risk Management Plan
    • 19:28
    • Manage Portfolio Risks
    • 20:16
  • 10 Questions
  • Quiz
  • Quiz Answers
  • 06:18

    • Domain 01
    • 03:31
    • Domain 02
    • 02:24
    • Domain 03
    • 02:43
    • Domain 04
    • 01:35
    • Domain 05
    • 01:58

    • Set 01: 10 Questions
    • 16:06
    • Set 02: 10 Questions
    • 12:35
    • Set 03: 10 Questions
    • 10:55

    • The Exam Structure
    • 01:55
    • Exam Questions Types
    • 02:45
    • Where to Focus?
    • 10:22
    • References to Use
    • 01:22
    • Mock Exams
    • 02:11

    • PfMP Exam 01
    • 170 Questions
    • PfMP Exam 02
    • 170 Questions
    • PfMP Exam 03
    • 170 Questions
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    Guaranteed-To-Pass

    Our Exam Preparation package designed to ensure success in passing your exam the very first time.

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    Exam Application Assistance

    Get expert guidance on PMI registration, membership, review, and submission of your exam application.

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    Flexible Learning Experience

    Need more flexibility with your learning times? Get tried-and-tested training on your schedule.

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    Detailed Study Guide

    Get a step-by-step guide with clarity on periodic study goals with expert help all along the way.

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    24*7 Support

    Reach out through WhatsApp to your course instructor and get your questions answered on spot.

    Training Options

    Exam Simulators

     One year access to high-quality exam simulators 

     3 Full PMI-PfMP exams with detailed answers and explanations

     24x7 learner assistance and support

    79.00$

    Self-Paced Boot Camp

     One year access to high-quality self-paced e-learning content

     More than 10 hours of prerecorded videos covering all exam objectives

     5+ Quizzes and 3 full PfMP exams

     Support in reviewing your exam application

     Certificate of completion

     Comprehensive Exam Preparation Support

     24x7 learner assistance and support

    199.00$

    Most Popular

    Plus Application Support

    One year access to high-quality self-paced e-learning content

    More than 10 hours of prerecorded videos covering all exam objectives

    5+ Quizzes and 3 full PfMP exams

    Support in Drafting your PfMP exam application

    Support in reviewing your exam application

    Certificate of completion

    Comprehensive Exam Preparation Support

    24x7 learner assistance and support

    899.00$

    Certification

    One of the most common prerequisites of the PMI certifications is completing a training course before the exam with a minimum contact hours duration. However, that’s not required for the PgMP and the PfMP certifications. However, having a certification of completion after completing the online course content will be rewarding.

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    Reviews

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    Elizabeth I K.

    United States

    This course is content-rich and systematic in its approach. I test in three days and feel I will be well prepared.
    A S
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    Ashaki S.

    Indonesia

    This course was instrumental in helping me with passing the PfMP.
    Y E
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    Yara E.

    Egypt

    This course had fully prepared me for the PfMP exam, the course is covering all exam aspects, and questions at the end are good.
    S A
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    Sami Abdul

    Jordan

    Wonderful course, the instructor is going through the details of each portfolio management process. The pace of the course is very good, and the mock exams at the end of the course are well written
    R J
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    Ribhe Jamal Abdel-Jaber A.

    Palestine

    Wonderful course with great insights about the PfMP exam. The instructor is covering all portfolio management processes in great detail.
    M A
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    Muhammed Abdus S.

    United Arab Emirates

    I bought the full package, and Elite Minds supported me in drafting the PfMP exam application, and it successfully passed the panel review from the first trial! Currently, I am watching the course vides, and they are well organized.
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    Vikash A.

    India

    Very good course that really summarizes the PfMP concepts for the exam preparation. Smooth and easy to follow.
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    Lucas L G.

    Serbia

    Great Course in preparing for PfMP. Every single process in the standard for portfolio management is covered in this course in detail.
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    Edwin D.

    Singapore

    I loved the course, very detailed and comprehensive, it helped me to quickly get acquainted to the Standard for portfolio management, it was also incredibly helpful on how to prepare for the exam with lots of tips and tricks.
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    Jemima Mc.

    Australia

    Definitely helped in providing a solid foundation which contributed to passing the PfMP on my first try! Highly recommended. My only comment is that the instructor english is not native.
    S M
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    Stephen Mani

    United Arab Emirates

    I do recommend this course for anyone who is preparing to pass PfMP exam!
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    Biswajit N.

    Qatar

    I have passed the exam today and received an overall score of "Above Target". This course and the sample questions played a major part in this achievement.
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    Ayodele P.

    United States

    Excellent walkthrough of The Standard for Portfolio Management. Highly recommended.
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    Skaria P.

    India

    By Far the best PFMP online course available anywhere in the world right now.
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    Paul H.

    Iceland

    The application drafting service is amazing, and it was delivered on time with high quality. The course is great, and the mock exams were really close to the real PfMP exam. I passed my exam on June 18th. Thanks, Shadi!

    FAQ

    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.