Portfolio Management Professional (PfMP)®

Category: PMI

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Overview:

The Portfolio Management Professional (PfMP)® certification is a globally recognized credential offered by the Project Management Institute (PMI). It focuses on the strategic aspect of managing portfolios to achieve organizational objectives efficiently. This certification is designed for professionals who oversee multiple projects and programs to ensure alignment with business goals.

Objectives:

  • Develop expertise in strategic portfolio management concepts and principles.
  • Learn effective techniques for prioritizing and optimizing project portfolios.
  • Acquire skills for aligning portfolio management with organizational strategy.
  • Understand the role of portfolio management in driving business value and innovation.
  • Gain proficiency in risk management and resource optimization within portfolios.
  • Enhance leadership and communication skills for effective portfolio management.
  • Prepare for the PfMP® certification exam and become a certified Portfolio Management Professional.

Course Content:

• Introduction to Portfolio Management Professional (PfMP) Certification

• What is PfMP Certification?

• Benefits of Becoming a Portfolio Management Professional (PfMP) Certification Holder

• Overview of the Training Course

 

• Understanding the PfMP Exam

• Exam Format and Structure

• Eligibility Criteria and Requirements for the Exam

• Knowledge Areas Tested in the Exam

 

Portfolio Governance

• Introduction to Portfolio Governance

• Roles and Responsibilities of Portfolio Managers

• Governance Frameworks and Models

 

Strategic Alignment

• Importance of Strategic Alignment in Portfolio Management

• Methods for Aligning Portfolio Objectives with Organizational Strategy

• Techniques for Evaluating and Selecting Portfolio Components

 

Portfolio Performance Management

• Key Performance Indicators for Portfolio Management

• Monitoring and Measuring Portfolio Performance

• Techniques for Improving Portfolio Performance

 

• Risk Management in Portfolio Management

• Overview of Portfolio Risk Management

• Identifying and Evaluating Risks at the Portfolio Level

• Risk Mitigation Strategies and Planning for Contingencies

 

Communication and Stakeholder Engagement in Portfolio Management

• Importance of Effective Communication in Portfolio Management.

• Interacting with Stakeholders and Managing Their Expectations

• Best Practices in Portfolio-related Reporting and Communication

 

Portfolio Governance and Enterprise Change

• Managing Organizational Change in the Context of Portfolio Management

• Change Management Techniques for Successful Portfolio Implementation

• Maintaining Portfolio Governance in the Face of Change

 

Case Studies and Practice Questions for the Exam

• Review of Real-life Case Studies in Portfolio Management

• Training on Exam Questions and Discussions

• Final Tips and Strategies for Success in the PfMP Exam

Target Audience:

  • Portfolio Managers
  • Program Managers
  • Project Managers
  • Senior Executives
  • Business Analysts
  • Anyone involved in strategic decision-making and portfolio management within organizations.

This course is suitable for professionals seeking to enhance their skills in managing portfolios and aligning project investments with organizational objectives.