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Portfolio Management Professional (PFMP)®

Formal portfolio management stands as a crucial bridge between strategic vision and operational execution within organizations. Research shows that effective portfolio management significantly enhances project success rates and ensures optimal resource utilization. The Portfolio Management Professional (PfMP) certification signifies advanced proficiency in orchestrating one or more portfolios to attain strategic objectives. Developed by the Project Management Institute (PMI)®, this credential is a testament to a practitioner's ability to align projects, programs, and operations with overarching organizational strategies, thus maximizing value delivery./p>

Who Should Apply?

Executive or senior-level practitioners responsible for managing portfolios of projects and programs aligned with organizational strategy are ideal candidates for the PfMP certification.

FOR INDIVIDUALS

Benefits include:

  • Validate advanced competency in portfolio management.
  • Enhance career prospects and earning potential.
  • Gain recognition as a strategic leader within the organization.

FOR ORGANISATIONS

Benefits include:

  • Improve project success rates and ROI.
  • Foster a culture of strategic alignment and value realization.
  • Cultivate a pool of skilled portfolio management professionals to drive organizational growth.
  1. Strategic Alignment: This domain focuses on the critical task of aligning portfolio management practices with the overarching strategic objectives of the organization. Topics include
  • Developing and maintaining alignment between portfolio initiatives and organizational goals.
  • Establishing key performance indicators (KPIs) to measure the effectiveness of portfolio strategies.
  • Conducting regular assessments to ensure ongoing alignment in a dynamic business environment.

  1. Governance: Governance within portfolio management ensures that decision-making processes are transparent, effective, and aligned with organizational priorities. Key areas covered include
  • Establishing governance structures and frameworks to guide portfolio management activities.
  • Defining roles and responsibilities of stakeholders involved in portfolio decision-making.
  • Implementing robust controls to monitor and mitigate risks throughout the portfolio lifecycle

  1. Portfolio Performance: This domain delves into optimizing portfolio performance by maximizing value delivery and resource utilization. Topics include
  • Evaluating portfolio performance against predefined metrics and benchmarks.
  • Identifying opportunities for portfolio optimization and resource reallocation
  • Implementing continuous improvement initiatives to enhance portfolio efficiency and effectiveness.

  1. Portfolio Risk Management: Effective risk management is essential for safeguarding portfolio investments and ensuring strategic objectives are achieved. Key components covered include
  • Identifying, assessing, and prioritizing risks within the portfolio
  • Developing risk mitigation strategies and contingency plans
  • Monitoring and controlling risks throughout the portfolio lifecycle to minimize potential impact

  1. Communications Management: Clear and consistent communication is vital for ensuring stakeholders are informed and engaged throughout the portfolio management process. This domain covers
  • Developing communication plans tailored to different stakeholder groups.
  • Facilitating open and transparent communication channels to foster collaboration.
  • Managing stakeholder expectations and addressing concerns to maintain alignment and support for portfolio initiatives.

    Exam Format:

    • The PfMP examination comprises 170 multiple-choice questions to be completed within a four-hour timeframe

  • Minimum 96 months of professional business experience within the last 15 years
  • Secondary degree (with 84 months of portfolio management experience) OR
  • Four-year degree (with 48 months of portfolio management experience)

We offer the following learning alternatives (online PMI exam after):

  • 2-day weekly and 2-day weekend classroom courses
  • 2-day virtual tutor-led weekly and 2-day weekend courses
  • 2-day corporate on-site courses
  • 365-day access to our self-paced online e-learning Foundation courses with 1 day virtual Practitioner courses for the e-learning online Practitioner courses
  • Official Course Manual
  • Accredited Course Materials
  • Accredited trainer with a minimum of ten years industry experience for virtual and classroom courses
  • 365-day access to our self-paced online e-learning Foundation courses with 1 day virtual Practitioner courses for the e-learning online Practitioner courses

VAT will be added at the standard rate to the course fee.

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