Portfolio Management Professional (PfMP)® Training Course

The Project Management Institute (PMI) offers the PfMP® certification, a highly respected certificate. It verifies the sophisticated knowledge and abilities necessary for managing and coordinating various portfolios with the corporate objectives of an organisation.

To achieve a thorough understanding of strategic portfolio management:

1. Obtain the PfMP® certification.

2. Learn how to make educated decisions, align investments, and optimised portfolios.

3. Boost your employment opportunities and demonstrate your portfolio management skills.

This certification course is done mainly by professionals. Professionals that complete the PfMP® certification course gain advanced portfolio management skills. Learn the principles of project management and financial metrics. Commit to your professional growth to stand out in the employment market.

The certification course will take three days to complete and will be conducted online.

• Top-Notch Expertise and Accreditation: Simpliaxis is a trustworthy Registered Education Provider (R.E.P) with Project Management Institution (PMI) renowned for its program management and certification preparation expertise. Corporate entities choose Simpliaxis for the PfMP® course due to its reputation for delivering high-quality training programs aligned with industry standards and best practices.
• Extensive Curriculum: Simpliaxis provides a thorough curriculum that covers every critical component of the PfMP® certification. The course offers a well-rounded education that gives individuals the information and abilities required to excel in the sector, from strategic portfolio management to governance and financial metrics.
• Experienced Instructors: The instructors at Simpliaxis are seasoned professionals with extensive experience in program management. Their expertise and practical insights enrich the learning experience, allowing participants to gain valuable knowledge from industry experts who have successfully navigated portfolio management challenges.
• Interactive Learning Formats: Simpliaxis covers interactive learning formats, catering to the diverse needs of corporate learners.
• Customizable Training Solutions: Simpliaxis is aware that every organisation has distinct requirements for training. They provide adaptable solutions for training designed to meet the unique needs of corporate clients. This maximises the training program's impact by ensuring that the course content, delivery strategies, and timelines correspond with the organisation's goals and objectives.
• Hands-on Application: Simpliaxis strongly emphasises the practical application of the course's contents. Participants receive practical experience using portfolio management ideas and strategies through case studies, simulations, and real-world settings. By bridging the gap between theory and hands-on experience, this suitable method helps learners improve their capacity to influence measurable results inside their organisations.
• Ongoing Support: Participants receive continued help from Simpliaxis even after the course ends. This includes access to additional resources, course materials, and a professional network where participants may continue to network and work with like-minded individuals.

Yes! This Certified course is one of the top courses the Project Manager pursues. After holding PMP Certification, most of them go for this course only to increment their career level and usurp the ownership of an excellent knowledge base.

To be eligible to take the portfolio management professional (PfMP)® training certification exam, a participant must meet the following requirements:

Each Participant must have at least 96 months of professional business experience that must be within 15 years and Secondary education degree (associate's degree, high school diploma, or its equivalent in other countries)Portfolio management experience of 84 months

OR

Applicants must have at least 96 months of recent, relevant, professional business experience within the last 15 years. and4-year degree (bachelor's degree or its equivalent in another country)Portfolio management experience for 48 months.

Absolutely! Globally, the PfMP® certification training is quite valuable. It is a sign of sophisticated portfolio management knowledge to be provided by PMI. Organisations worldwide are interested in it because the principles taught are transferable across industries. Professionals can demonstrate their capacity to match investments with goals and maximise performance by gaining PfMP® certification. It improves reputation and career chances globally when peers and employers acknowledge it. With PfMP® certification, advance your career in portfolio management.

Please visit our website https://simpliaxis.com/pfmp-certification-training for an accurate course pricing estimate.

For PMI Institute members: $525

For non-members: $656

Please note that the total course fee may vary slightly in different countries. You can find more information on our website and the PMI's website.

If you have any doubts about the study material, consult our experienced trainers and mentors to resolve your queries.

Our elite trainers and mentors have honed their skills in prestigious business schools. We have mastered PMP and PfMP® training and embody the essence of portfolio management excellence.

The PfMP certification demonstrates a candidate's ability to: 

• Select and manage a portfolio of projects 
• Ensure projects align with organizational objectives 
• Balance conflicting demands between projects and programs 
• Allocate resources based on organizational priorities

To be eligible for the Portfolio Management Professional (PfMP) certification, you must meet one of the following requirements:

• Have a secondary degree (high school diploma, associate's degree, or equivalent) and at least 10,500 hours of portfolio management experience
• Have a four-year degree (bachelor's degree, or equivalent) and at least 6,000 hours of portfolio management experience
• Have at least eight years of professional business experience

To apply for the Portfolio Management Professional (PfMP) certification, you can: 

• Check eligibility: Ensure you meet the eligibility requirements, which include at least eight years of professional business experience. This PfMP Handbook provides more information about eligibility requirements. 
• Complete the application: Fill out the online application on the PMI website. The application asks for information about your contact information, education, and professional experience. 
• Complete the panel review: If your application is approved, you'll need to complete a panel review. This involves writing five experience summaries that demonstrate your portfolio management experience. 
• Take the exam: After the panel review, you will have 12 months to take the PfMP exam. The exam is a multiple-choice test that assesses your competence in situational and scenario-based questions. 

The entire process to obtain the PfMP certification can take about 60 days to complete.

• The Standard for Portfolio Management – Fourth Edition: This publication is a crucial reference for portfolio managers and provides insights into effective portfolio management practices.
• PMBOK® Guide (Seventh Edition): This is PMI’s flagship publication and serves as the foundation for project management knowledge.

If selected for an eligibility audit, you must provide the following documentation to confirm your eligibility:

• A copy of your degree
• Certification or proof of your project management experience

• PMI Member Price: $ 800
• Non- PMI members: $ 1000

You will only need to pay the exam fee after your application is accepted and you're ready to schedule your exam.

On completion of the PfMP Certification Training, you will be able to develop an understanding of the following topics:

• Portfolio Manager Role and Responsibilities
• Preparation for the PfMP Certification Exam
• Strategic Alignment of Projects
• Project Governance
• Project Portfolio Performance
• Risk Management of Portfolio
• Project Communications Management

To maintain a PfMP certification, you must: 

• Have a secondary degree 
• Have 84 months of portfolio management experience 
• Submit 60 Professional Development Units (PDUs) every three years

The Project Management Professional (PMP) and Portfolio Management Professional (PfMP) are both project management certifications offered by the Project Management Institute (PMI), but they are designed for different roles and have different eligibility requirements and exam content:

• PMP: This certification is for project managers who manage the people, procedures, and goals of a project. It's the most popular project management certification. 
• PfMP: This certification is for portfolio managers who manage a portfolio of projects and programs to achieve organizational goals. It's an elite certification that recognizes advanced experience and skills.