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| Certification Vendor: | Project Management Institute (PMI) |
|---|---|
| Exam Name: | Portfolio Management Professional (PfMP) Certification Exam |
| Exam Number: | PfMP |
| Exam Price: | $640 (PMI members), $800 (non-members) |
| Exam Format: | Computer-based testing, Scenario-based, Multiple-choice |
| Passing Score: | Not publicly disclosed |
| Related Certifications: | Program Management Professional (PgMP) Project Management Professional (PMP) |
| Real Exam Qty: | 170 |
| Exam Duration: | 240 minutes |
| Certificate Validity Period: | 3 years |
| Available Languages: | English |
| 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 provides professionals with the knowledge and skills needed to manage portfolios effectively. By earning this certification, professionals can demonstrate their ability to align portfolios with organizational strategies, manage risks, and achieve business outcomes. They can also distinguish themselves as experts in portfolio management, which can enhance their career prospects and earning potential. Moreover, organizations can benefit from having PfMP-certified professionals on their team as they can help them optimize their portfolio management practices and achieve their strategic goals.
NEW QUESTION # 225
While defining the portfolio, the portfolio manager uses a set of evaluation criteria in order to generate a list of portfolio components for optimization and balancing. Which of the following is not an evaluation criteria?
Answer: D
NEW QUESTION # 226
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 continuously report risks and issues to stakeholders. One of the key stakeholders is furious as he cannot find an issue that has occurred a week ago in the risk register. What should you do in this case?
Answer: C
Explanation:
Explanation
The correct approach here is to inform the stakeholder that issues are risks that have occurred, and are tracked as part of the issue register. Option "Inform the stakeholder that when positive risks occur they become realized opportunities and when negative risks occur they become realized threats" is correct however it is not relevant to this scenario
NEW QUESTION # 227
Your company is currently on the verge of bankruptcy due to the lack of transparency within the organization; this alerted the CEO to take decisive actions and request that new reporting lines be established in order to be fully transparent. Following this, the portfolio structure has changed to cope with the new reporting lines. Where is this change reflected when it comes to portfolio documents?
Answer: B
NEW QUESTION # 228
You are managing a portfolio in a functional organization and resources are shared between operations and projects. You are continuously performing capability and capacity analysis in order to optimize the portfolio.
Which of the following capability and capacity analysis is used to just limit the number of components the organization can execute?
Answer: B
NEW QUESTION # 229
One of your team members came to you asking about the risk "Watch List"; he heard this term in a meeting on risk analysis and did not know what it meant. What will your advice to your team member be?
Answer: C
NEW QUESTION # 230
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