Course Details
PfMP – Portfolio Management Professional (Exam Preparation Course)
The Portfolio Management Professional (PfMP) certification warrants for your competency in the applicable domain to accomplish gains by using well thought out strategies. An experienced practitioner ensures the organization’s risks are minimized and the organization does not misuse funds and resources.
Being a certified Portfolio Manager, you shoulder the responsibility of reducing risk and implementing strategic initiatives to accomplish profits. After completion of PfMP certification you will be able to align projects, programs and operations with strategic objectives, investing resources in the right work to deliver the expected value.
Learning Objective
- Implementing effective strategic alignment to the portfolio
- Portfolio governance and compliance
- Evaluating and tracking performance of the portfolio
- Portfolio risk management techniques and best practices
- Implementing effective management to the portfolio communications
Pre – Requisites
- All applicants must possess a minimum of 96 months of professional business experience within the last 15 years AND
- Secondary degree (high school diploma, associate’s degree or the global equivalent)
- 84 months of portfolio management experience
OR
- All applicants must possess a minimum of 96 months of professional business experience within the last 15 years AND
- Four-year degree (bachelor’s degree or the global equivalent)
- 48 months of portfolio management experience
Course Contents
Task 1: Understand the Strategic Priorities
Task 2: Create a Basis for Decision Making
Task 3: Provide a Guiding Framework
Task 4: Create Portfolio Scenarios
Task 5: Evaluate and Select Viable Options
Task 6: Provide Governance with a Rationale for Decision Making
Task 7: Sustain Strategic Alignment
Task 8: Confirm and Communicate the Portfolio Components
Task 1: Support Effective Decision Making
Task 2: Establish Consistent Portfolio Management Practices
Task 3: Manage the Portfolio Efficiently and Effectively
Task 4: Create the Portfolio Management Plan
Task 5: Authorize the Execution of the Portfolio
Task 1: Authorize Portfolio Structure and Activate Components
Task 2: Collect and Consolidate Key Performance Metrics Data
Task 3: Monitor the Portfolio Performance
Task 4: Manage and Escalate Issues
Task 5: Manage Portfolio Changes
Task 6: Balanced Portfolio and Prioritize Portfolio Components
Task 7: Analyze and Optimize the Consolidated Allocation/Reallocation
Task 8: Facilitate Reallocation of Organizational Resources to Portfolio
Task 9: Measure Aggregated Portfolio Performance Results
Task 10: Maintain Records by Capturing Portfolio Artifacts
Task 1: Provide Input to Governance
Task 2: Develop the Portfolio Risk Management Plan
Task 3: Perform Dependency Analysis
Task 4: Develop, Monitor, and Maintain Portfolio-Level Risk Register
Task 5: Promote Stakeholder Ownership of Portfolio Risks
Task 6: Optimize Portfolio Strategic Goals and Objectives
Task 1: Analyze Internal and External Stakeholders
Task 2: Create the Aggregate Communication Strategy and Plan
Task 3: Engage Stakeholders
Task 4: Maintain the Communication Strategy and Plan
Task 5: Facilitate Stakeholder Understanding of Portfolio Management
Task 6: Maintain Credibility and Satisfaction with All Stakeholders
Attendees will get a training certificate after the completion of the course