PMI-PfMP Intensive Exam Preparation

Regular price $6,000.00 Sale

This comprehensive course will cover the domains and knowledge needed to understand portfolio management and pass the exam. In addition, the workshop will offer over 500 practice questions, and practical exercises in class, plus over 800 extra questions through online exam simulation web access. The participants are guided through on key concepts, terms and, principles necessary for successfully passing the exam.


Extra Benefits of Our Course:

  • Over 15 years International experience in helping students pass the PMI Exams
  • Bay3000 is a CHARTER Registered Education Provider with PMI which means we pass stringent Quality Standards
  • Highest pass rate in the industry; 98% of our students pass the first time!
  • Personalized assistance with your application questions
  • Special guarantee: personalized coaching if you are not successful the first time
  • Personalized pre-course help; discuss your situation with our coaches prior to class
  • Access to a very extensive test practice engine and simulation to access over 800 additional questions after the course

The PfMP credential validates and demonstrates a practitioner’s knowledge and experience. It also differentiates practitioners from their non-credentialed peers, and, because it is transferrable among methodologies and industries, it helps make them more marketable. 

Who should apply for the PfMP credential? 

Practitioners who use portfolio management and who are looking to validate their knowledge, skills, and experience. 

Project portfolio managers with 4 to 7 years of portfolio management experience and a minimum of 8 years of professional business experience 

Will I earn PDUs or CPD units?

Yes! You will earn 21 PDUs. For CPD points, please check with your association (i.e. Engineering, AIPM, Accounting) for how many points you can claim.

What is a portfolio? 

A portfolio is a collection of programs, projects and/or operations managed as a group. The components of a portfolio may not necessarily be interdependent or even related—but they are managed together as a group to achieve strategic objectives. 

How does portfolio management differ from project management and program management? 

Portfolio, program and project management are all aligned and driven by organizational strategies. However, each one contributes differently to the achievement of strategic goals. 

Why is portfolio management important? 

Because it supports the organization’s strategic goals and, ultimately, its bottom line. Portfolio management is critical to organizing and prioritizing projects and programs and ensuring that the appropriate financial support is being allocated in support of those goals.  

What is the role of the portfolio manager? 

The Portfolio Manager is responsible for monitoring and managing assigned portfolios by: 

Establishing and guiding the selection, prioritization, balancing, and termination processes for portfolio components to ensure alignment with organizational strategy. 

Providing key stakeholders with timely assessment of portfolio and component performance. 

Assisting decision makers with the review, reprioritization, and optimization of the portfolio. 

Ensuring timely and consistent communication to stakeholders on progress, impacts, and changes associated with management of the portfolio. 

Participating in program and project reviews to reflect senior level support, leadership, and involvement in important matters. 

Do any of PMI’s other credentials serve as prerequisites for the PfMP credential? 

No. As with any offering in our Credential Program, no credential serves as a prerequisite for obtaining another and active credential holders may pursue other credentials. 

  

Agenda 

 

Module 1 - INTRODUCTION TO PORTFOLIO / PROGRAM AND PROJECT MANAGEMENT 

 What is a Portfolio and Portfolio Management? 

 Relationships Among Portfolios, Programs, and Projects 

 Portfolio Management and Organizational Strategy 

 Role of the Portfolio Manager 

 Project, Program, or Portfolio Management Office 

 Portfolio Governance and Sponsors 

 

Module 2 - PORTFOLIO MANAGEMENT OVERVIEW AND ORGANIZATION 

 Portfolio Management and Organizational Strategy and Objectives 

 Portfolio Management Process Implementation 

 Assess the Current State of the Portfolio Management Process 

 Define the Portfolio Management Vision and Plan 

 Portfolio Management Information System (PMIS) 

 Portfolio Management Governance 

 Organizational Maturity and Impacts 

 

Module 3. PORTFOLIO MANAGEMENT PROCESS GROUPS 

 Portfolio Management Process Groups  

 Defining Process Group 

 Aligning Process Group 

 Authorizing and Controlling Process Group 

 Portfolio Management Process Interactions 

 Common Inputs and Outputs 

 Portfolio Process Asset 

 Portfolio Reports. 

 

Module 4. PORTFOLIO STRATEGIC MANAGEMENT 

 Develop Portfolio Strategic Plan 

o Organizational Strategy and Objectives 

o Inventory of Work 

o Portfolio Component Inventory 

o Strategic Alignment Analysis 

o Prioritization Analysis 

o Portfolio Strategic 

 Develop Portfolio Charter 

o Scenario Analysis 

o Capability and Capacity Analysis 

o Portfolio Charter 

 Define Portfolio Roadmap 

o Interdependency Analysis 

o Cost-Benefit Analysis 

o Prioritization Analysis 

o Portfolio Roadmap 

 Manage Strategic Change 

o Stakeholder Analysis 

o Gap Analysis 

o Readiness Assessment 

 

Module 5. PORTFOLIO GOVERNANCE MANAGEMENT 

 Develop Portfolio Management Plan 

o Elicitation Techniques 

o Portfolio Organizational Structure Analysis 

o Integration of Portfolio Management Plans 

o Portfolio Component Inventory 

o Portfolio Component Categorization Techniques 

o Weighted Ranking and Scoring Techniques 

 Define Portfolio 

 Optimize Portfolio 

o Quantitative and Qualitative Analyses 

o Graphical Analytical Methods  

 Authorize Portfolio 

o Portfolio Management Information System 

 Provide Portfolio Oversight 

o Portfolio Reports 

o Portfolio Review Meetings 

 

Module 6. PORTFOLIO PERFORMANCE MANAGEMENT 

 Develop Portfolio Performance Management Plan 

 Manage Supply and Demand 

 Manage Portfolio Value 

o Value Scoring and Measurement Analysis 

o Benefits-Realization Analysis 

 

Module 7. PORTFOLIO COMMUNICATION MANAGEMENT 

 Develop Portfolio Communication Management Plan 

o Stakeholder Analysis 

o Communication Requirements Analysis 

 Manage Portfolio Information 

o Communication Methods 

 

Module 8. PORTFOLIO RISK MANAGEMENT 

 Develop Portfolio Risk Management Plan 

o Weighted Rankings and Scoring Techniques 

o Graphical Analytical Methods 

o Quantitative and Qualitative Analysis 

 Manage Portfolio Risks  

 

Module 9. Exam Prep and Wrap-up 

 

 

Australian Based Trainers * Quality Materials * Personalised Attention

 

Our dedicated team of Australian-based instructors will be passionate about helping you succeed in the exam and your career. We pride ourselves in our track record and, unlike other providers, we continually update our learning materials to reflect the very latest testing patterns. 

If you are purchasing a Group On-Site workshop, the same inclusions apply, however the workshop will be at your facility and will be scheduled in collaboration with you to suit the availability of your participants. 

 
35 education contact hours
25 hours of high-quality simulation exams post-course
500 chapter practice questions discussed during class
Complete and updated course manual full of tips and tricks
Personal Coaching after the course up until your exam (email / Skype)
Study flash cards and additional study resources to help you
Personal assistance with filling out your exam application

     





      How much does certification exam cost?

      The PMI-PfMP® certification cost for PMI members and non-members are mentioned below:

      PMI-PfMP® exam cost with PMI Membership $800 USD
      PMI-PfMP® exam cost without PMI Membership
      $1000 USD

       

      What is the passing score of the Certification exam?

      The passing score is no longer a static % and is not made public by PMI. It can vary and is based on an internal testing process.


      What are the eligibility requirements for PMI-PfMP certification?

      The PMI-PfMP® certification requirements for both University graduates and non-graduates are mentioned in the table below:


      Educational Qualification Professional Management Experience

      Portfolio Management Experience

      Non Graduates 96 months/8 years 10500 hours
      Graduates 96 months/8 years 6000 hours


      *Included in your course fee is personal assistance in filling out the application.