Your business does the work right. But should it perform the right work? Being a portfolio manager, your role is crucial to ensuring that this fact is “Yes.”

Formal portfolio management is regarded as the productive way to try strategic initiatives as it bridges the visible difference between strategy and implementation. Organizations which can be good at portfolio management had 62 percent of items meet or exceed expected ROI in accordance with our 2012 Pulse of the Profession research. Portfolio managers align projects, programs and processes with strategic objectives, investing resources inside the right try to provide you with the expected value.

The Portfolio Management Professional (PfMP) signifies your advanced competency in the coordinated treating a number of portfolios to realize strategic objectives. Organizations with mature project portfolio management practices complete 35 % more of their programs successfully. They fail more infrequently and waste less money according to our 2015 thought leadership report, Delivering on Strategy: The Power 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 focused on doing the best work, then the PfMP is the answer you’re looking for.



Study Guide for Portfolio Management Professional (PfMP) Certification
? https://processmanagement.wixsite.com/projectmanagement/post/study-guide-for-portfolio-management-professional-pfmp-certification
Gain and Maintain Your PfMP
? First phase of evaluation is panel review
? The certification exam has 170 multiple-choice questions plus you’ve got four hours to accomplish it.
? To sustain your PfMP, you need to earn 60 professional development units (PDUs) in portfolio management topics every several years.
PfMP Exam Price
? Member: US$800.00
? Non-member: US$1,000.00
Prerequisites for PfMP Exam
? All applicants must have a very the least eight a lot of professional business experience AND
? Secondary degree (high school graduation diploma, associate’s degree or 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
PfMP Exam Guidance
To earn your PfMP credential, you should satisfy the experience requirements and pass the panel review and PfMP examination, a 170-question, multiple-choice test.

However advanced your portfolio management experience may be, you need to still prepare vigorously for that exam. Often the use of multiple study aids - including courses, self-study and study groups - have been beneficial. Normally it takes much time to organize, so ensure you leave yourself plenty of preparation time before you take the exam.
Ideas to Plan the PfMP Exam
? Review the PfMP handbook .
? Use the PfMP Exam Content Outline to steer your study.
? Review The typical for Portfolio Management - Third Edition.
? Refer on the PfMP Examination Reference List to compliment your study.
? Enroll inside a formal study course available from PMI chapters or accredited Registered Education Providers (R.E.P.s). It’s also possible to review self-study books created by R.E.P.s and other reputable training organizations.
? https://pfmp-success-story.blogspot.com/2018/03/how-to-pass-pmi-portfolio-management.html

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