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| Certification Vendor: | Project Management Institute (PMI) |
|---|---|
| Exam Name: | Portfolio Management Professional (PfMP) Certification Exam |
| Exam Number: | PfMP |
| Exam Duration: | 240 minutes |
| Related Certifications: | Project Management Professional (PMP) Program Management Professional (PgMP) |
| Exam Price: | $640 (PMI members), $800 (non-members) |
| Real Exam Qty: | 170 |
| Available Languages: | English |
| Exam Format: | Multiple-choice, Computer-based testing, Scenario-based |
| Passing Score: | Not publicly disclosed |
| Certificate Validity Period: | 3 years |
| Recommended Training: | PMI Standard for Portfolio Management |
| Exam Registration: | PMI Official Registration |
| Sample Questions: | PMI PfMP Sample Questions |
| Exam Way: | Computer-based testing (on-site at Pearson VUE centers or online proctored) |
| Pre Condition: | Set A: High school diploma + 96 months business experience + 84 months portfolio management experience; Set B: Bachelor's degree + 96 months business experience + 48 months portfolio management experience; Set C: GAC-accredited bachelor's + 96 months business experience + 36 months portfolio management experience |
| Official Syllabus URL: | https://www.pmi.org/certifications/portfolio-management-pfmp |
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PMI PfMP Certification Exam is a rigorous test that requires extensive knowledge of portfolio management practices, principles, and standards. PfMP exam is designed to assess a candidate’s ability to manage portfolios of projects, programs, and operations in alignment with organizational strategy. PfMP exam covers a wide range of topics including portfolio governance, portfolio performance management, portfolio risk management, and portfolio communication management.
PMI PfMP Certification Exam is designed to test the candidate's knowledge and skills in various areas of portfolio management, including strategic alignment, governance, risk management, resource management, and performance management. PfMP Exam consists of 170 multiple-choice questions and must be completed within four hours.
PMI PfMP certification is a highly respected and recognized credential in the field of portfolio management. It validates the candidate's expertise in managing portfolios, aligning projects and programs with an organization's goals, and executing strategic initiatives. Portfolio Management Professional (PfMP) certification process is rigorous and requires candidates to have significant professional experience and education in portfolio management. Obtaining the PMI PfMP certification can open up new career opportunities and increase earning potential for professionals in the field of portfolio management.
NEW QUESTION # 420
Management practices are leveraged by organizational resources and as a portfolio manager, you realize that the correct management of supply and demand with relation to organizational resources is crucial to the success of a portfolio. Which of the following is not an organizational resource?
Answer: C
Explanation:
Explanation
Organizational resources include funds, other tangible and intangible assets, as well as key human resources, such as program and project managers and subject matter experts.
NEW QUESTION # 421
Which of the following is not an input for "Develop Portfolio Charter"?
Answer: B
NEW QUESTION # 422
Each year, you update the portfolio roadmap so people within the organization can see component status, interdependencies, constraints, and business value, among other things. This year, however, two major programs in the portfolio were cancelled as they were government contracts, and the government lacked funds to complete them. Your management then had to reduce staffing. These two programs had dependencies with other components in the portfolio. This means that:
Answer: D
NEW QUESTION # 423
The relationship between the portfolio management plan and the communication plan is that the communication management plan:
Answer: B
NEW QUESTION # 424
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. You started with developing the plan that will be used as guideline for the component plans to manage risks at their level. What are the outputs of this plan?
Answer: C
NEW QUESTION # 425
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