Portfolio Management Exam

Portfolio Management Professional (PfMP)

Your business will the work right. But will it carry out the right work? As a portfolio manager, your role is essential to making sure that this response is “Yes.”
Formal portfolio management is easily the most effective way to apply strategic initiatives given it bridges the space between strategy and implementation. Organizations that are efficient at portfolio management had 62 percent of goods meet or exceed expected ROI in accordance with our 2012 Pulse of the marketplace research. Portfolio managers align projects, programs and processes with strategic objectives, investing resources within the right make an effort to deliver the expected value.
The Portfolio Management Professional (PfMP) signifies your advanced competency in the coordinated management of more than one portfolios to realize strategic objectives. Organizations with mature project portfolio management practices complete 35 percent more of their programs successfully. They fail less often and waste less overall in accordance with our 2015 thought leadership report, Delivering on Strategy: The potency of Project Portfolio Management.
Who Should Apply?
If you’re a professional or senior-level practitioner owning a portfolio of projects and programs aligned with organizational strategy and devoted to doing the best work, then this PfMP may be the solution you're looking for.
Big picture
Study Guide for Portfolio Management Professional (PfMP) Certification
? https://processmanagement.wixsite.com/projectmanagement/post/study-guide-for-portfolio-management-professional-pfmp-certification
Gain and gaze after Your PfMP
? First phase of evaluation is panel review
? The certification exam has 170 multiple-choice questions and you have 4 hours to accomplish it.
? To maintain your PfMP, you should earn 60 professional development units (PDUs) in portfolio management topics every 36 months.
PfMP Exam Price
? Member: US$800.00
? Non-member: US$1,000.00
Prerequisites for PfMP Exam
? All applicants must employ a a minimum of eight many years of professional business experience AND
? Secondary degree (secondary school diploma, associate’s degree or global equivalent)
? 10,500 hours of portfolio management experience
OR
? Four-year degree (bachelor’s degree or perhaps the global equivalent)
? 6,000 hours of portfolio management experience
PfMP Exam Guidance
To earn your PfMP credential, you need to match the experience requirements and pass both panel review and PfMP examination, a 170-question, multiple-choice test.
It doesn't matter how advanced your portfolio management experience may be, you ought to still prepare vigorously for your exam. Often the usage of multiple study aids - including courses, self-study and look groups - are already beneficial. Usually it takes several hours to organize, so make sure you leave yourself a good amount of preparation time before you take the test.
Tips to Prepare for the PfMP Exam
? Review the PfMP handbook .
? Use the PfMP Exam Content Outline to guide your study.
? Review The common for Portfolio Management - Third Edition.
? Refer for the PfMP Examination Reference List to compliment your study.
? Enroll in the formal training available from PMI chapters or accredited Registered Education Providers (R.E.P.s). You can even review self-study books published by R.E.P.s along with other reputable training organizations.
? https://pfmp-success-story.blogspot.com/2018/03/how-to-pass-pmi-portfolio-management.html
To read more about Portfolio Management Exam Questions and Answers web site: this site.