Portfolio Management Professional (PfMP)® Exam
Portfolio Management Professional (PfMP)® Exam
Portfolio Management Professional (PfMP)®
PMP certification is to signify that the candidate understands the global language of project management and connects to a community of professionals, organizations, and experts worldwide. e PfMP certification recognizes advanced experience, skill and performance necessary to manage and align a portfolio of projects and programs to realize organizational strategy and objectives. PfMP certification holders oversee the success of one or more portfolios, balance conflicting demands between programs and projects, and allocate resources based on organizational priorities and capacity.
Who Should Apply for Portfolio Management Professional (PfMP)® Exam?
Candidates who are executive or senior-level practitioner managing a portfolio of projects and programs aligned with organizational strategy and focused on doing the right work, then the PfMP is the right choice for you.
PfMP Certifying Process
Candidates are required to pass a sequence of evaluations to obtain the PfMP certification. This process takes approximately four weeks to complete.
- Evaluation 1—Panel Review: The initial evaluation occurs through an extensive application review during which a panel of portfolio managers will assess your professional experience based on your responses to the Portfolio Management Experience Summaries provided on the application.
- Evaluation 2—Multiple-Choice Examination: The next step occurs with the multiple-choice examination in which you will be called upon to demonstrate your competence in both situational and scenario-based questions.
Course Outline
- Strategic Alignment 25%
- Governance 20%
- Portfolio Performance 25%
- Portfolio Risk Management 15%
- Communications Management 15%
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Exam Format and Information
| Exam Name Portfolio Management Professional | Exam Code PfMP |
| Exam Duration 4 Hours | Exam Format Multiple Choice and Multi-Response Questions |
| Exam Type Professional | Number of Scored Questions 170 Questions |
| Exam Eligibility 1 year | Exam Fee Member: US $800 ; Non-Member: US$1000 |
| Exam Language English | Validity 3 years |
Exam Prerequisites
All applicants must possess a minimum of eight years of professional business experience AND Secondary degree (high school diploma, associate’s degree or the 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
Portfolio Management Professional (PfMP)® Exam FAQs
How do I pass my PfMP certification?
PfMP certification is a best choice for those who are senior level practitioner and are managing the projects line up with the organization. When starting to prepare for the exam,
1. Try to collect all the information related to the project portfolios and create a blueprint with the help of important topics to easily start studying.
2. Take online courses to get a study material. This includes bulk of practice sets of questions which will help you know your strengths and weaknesses.
3. Find good resources and study guide by downloading the PMBOK Guide from PMI. You should do 23 hours of project management education before the exam.
Why go for PfMP certification?
1. PfMP certification will help you get recognized and gain attention in your organization. It is considered as the globally respected in practice for portfolio management.
2. In this certification you will get real hands on experience in Portfolio analysis and will study to make use of best practices in portfolio management.
3. Professionals like senior project managers, Account managers and PMO are best fit for this certification and according to survey Certified PfMP earns 20% more than the non-certified.
What is Professional Development Unit?
PDUs are the measuring units which are used for quantifying professional development as part of CCR (continuing certification requirement).
What is the passing score for PfMP certification?
PfMP certification does not disclose its passing score so it is better to focus on your exam preparation to score better.
How to clear my doubts for the Portfolio Management Professional (PfMP) Exam?
Check out the most common PfMP FAQ to gain a deeper understanding of the Portfolio Management Professional (PfMP) certification exam.
How do I prepare for Portfolio Management Professional (PfMP)® Exam?
The Portfolio Management Professional (PfMP) exam has been designed and developed for practitioners at the executive or senior level; managing a portfolio of projects/programs aligned with an organizational and strategic assemblage of work.
Prepare with Portfolio Management Professional (PfMP) Study Guide
What are the learning resources for Portfolio Management Professional (PfMP)® Exam?
The Portfolio Management Professional (PfMP) exam certifies and signifies candidates’ ability and proficiency in the collaborative and cooperative management of portfolios to accomplish strategic leads.
Learn with Portfolio Management Professional (PfMP) Online Tutorial
How to prepare for Portfolio Management Professional (PfMP) interview?
The most important part of the Portfolio Management Professional (PfMP) interview is to prepare yourself for the questioning round. Candidates should research the company, job roles, and responsibilities, and most importantly look confident while answering any question.
Prepare with Portfolio Management Professional (PfMP) Interview Questions
What if I am unable to clear the audit process in PMI certification?
If in any case you don't complete the audit process then it will be considered as failed audit which results in that candidate should re apply for exam after 1 year.
What are the topics covered for PfMP certification?
The topics covered in Portfolio Management Professional certifications are - Strategic Alignment (25%), Governance (20%), Portfolio Performance (25%), Portfolio Risk Management (15%), and Communications Management (15%) .
What is PfMP certification?
PfMP certification checks the candidate skills to understand the global project management language and then connects it with the organizations and experts worldwide. This certification will recognize the skills and experience required for managing project portfolios and programs to meet organization objectives.
Can we cancel or reschedule PfMP exam?
Yes, you can reschedule or cancel the exam 2 days before the scheduled appointment. And if you reschedule or cancel the exam within 30 days then you have to pay 70 USD.
Why there is a need for audits in PMI certification?
In PMI the audits are conducted specifically to check the education and experience on the certification application. It takes one week to complete the process verifying documents and evidence. After the completion of audit you will be able to complete your PfMP certification application.
In how many languages the PfMP certification exam can be taken?
PfMP certification exam is available in English and can be translated into multiple languages.
How many questions will be there on PfMP certification exam?
There will be 170 questions which have to be done in 4 hours.
How much time will it take for receiving PfMP exam result?
After the exam is completed, the result will be displayed.
Do I have to become a PMI Member Before applying for the PfMP Examination?
No, it is not required to become PMI member before applying for the exam. But it is recommended to become a member as it will save your money.
What if I fail my PfMP certification exam?
In case you are not able to pass the certification exam then you can give 3 times within 1 year. Fees are associated with a retake of the exam.
What is required to maintain PfMP certifications?
To maintain your PfMP certification you should earn 60 professional development units in managing portfolios for every three years.
How much the PfMP exam will cost?
PfMP exam will cost you $800 USD for PMI members and $1000 USD for non PMI members including the additional taxes.
What is the certifying process for PfMP certification?
The certification qualifying process includes sequence test which you to pass and it will take 4 four weeks to complete. In the first evaluation portfolio managers will test your professional experience on the portfolio management summaries provided on application. In the second evaluation there will be multiple choice questions which will be based on both scenarios and situations.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for Portfolio Management Professional (PfMP)® Exam which can be used before the final purchase for complete test.
What is the exam requirement for PfMP certification?
For PfMP certification exam candidates should hold a secondary degree with having 10500 hours experience in directing projects with 35 hours of provided education in project management. And if you hold a bachelor degree of 4 years then it is required to have 6000 hours of experience in creating projects with 35 hours of project management education.
What are the eligibility requirements?
The eligibility requirements for each certification are mentioned on its web pages and detailed in each respective certification handbook. For complete guidelines please link to the appropriate certification handbook.
Are audit materials confidential?
Yes. Audit materials are strictly confidential and unless required through legal action involving PMI are not shared with any external organization.
How can a PMI certification be earned?
You must first meet the eligibility requirements in order to obtain a PMI certification, outlined on these web pages and detailed in the certification handbooks. Then, you must pass an exam.
Are the exams available in languages other than English?
The PMP, CAPM, and PMI-ACP exams are translated into multiple languages. For details on specific languages available please consult the respective certification handbooks.
*Note: Other certification exams are not currently translated, but PMI will notify you when translations are available.
Do TestprepTrainingprovide practice set questions for PfMP certification exam?
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge on portfolio of projects. These practice questions will help you increase your knowledge for better preparation of exam.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
How do I complete the application?
All certification applications are available online. Click the ""Apply"" button on the available web pages.
*Note: Any missing information on the application will delay processing.
To apply for other PMI certifications,do one needs to be a CAPM, PMP, or a PMI member?
No one certification serves as a prerequisite for another. Also to apply to become a certification holder you do not have to be a PMI member.
What happens if I have not taken the exam and my eligibility expires?
From the date of approval, your application is valid for one (1) year. You must re-apply if you allow your eligibility to lapse.
Can we try the free test before purchasing the practice exam?
Yes, testprep training offers free practice tests for Project Management Professional PMBOK 5th Ed Certification Exam which can be used before the final purchase for the complete test.
Can I take it again if I fail the exam?
On your first attempt, if you fail the exam. Also, you can re-take it two more times within your one-year eligibility period. Fees are associated with re-examination. Details for re-examination can be found in the certification handbook.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then, you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not from the Microsoft Learning.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the Portfolio Management Professional (PfMP)® Exam cost.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.