Portfolio Management Professional (PfMP)®
PMP certification is to signify that the candidate understands the global language of project management and connects to a community of professionals, organizations, and experts worldwide. e PfMP certification recognizes advanced experience, skill and performance necessary to manage and align a portfolio of projects and programs to realize organizational strategy and objectives. PfMP certification holders oversee the success of one or more portfolios, balance conflicting demands between programs and projects, and allocate resources based on organizational priorities and capacity.
Who Should Apply for Portfolio Management Professional (PfMP)® Exam?
Candidates who are executive or senior-level practitioner managing a portfolio of projects and programs aligned with organizational strategy and focused on doing the right work, then the PfMP is the right choice for you.
PfMP Certifying Process
Candidates are required to pass a sequence of evaluations to obtain the PfMP certification. This process takes approximately four weeks to complete.
- Evaluation 1—Panel Review: The initial evaluation occurs through an extensive application review during which a panel of portfolio managers will assess your professional experience based on your responses to the Portfolio Management Experience Summaries provided on the application.
- Evaluation 2—Multiple-Choice Examination: The next step occurs with the multiple-choice examination in which you will be called upon to demonstrate your competence in both situational and scenario-based questions.
Course Outline
- Strategic Alignment 25%
- Governance 20%
- Portfolio Performance 25%
- Portfolio Risk Management 15%
- Communications Management 15%
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Exam Format and Information
Exam Name Portfolio Management Professional | Exam Code PfMP |
Exam Duration 4 Hours | Exam Format Multiple Choice and Multi-Response Questions |
Exam Type Professional | Number of Scored Questions 170 Questions |
Exam Eligibility 1 year | Exam Fee Member: US $800 ; Non-Member: US$1000 |
Exam Language English | Validity 3 years |
Exam Prerequisites
All applicants must possess a minimum of eight years of professional business experience AND Secondary degree (high school diploma, associate’s degree or the global equivalent) 10,500 hours of portfolio management experience
OR
Four-year degree (bachelor’s degree or the global equivalent) 6,000 hours of portfolio management experience