Study Guide for Portfolio Management Professional PfMP Certification

PMI portfolio management is the most effective way to implement strategic initiatives and it fill the gap between strategy and implementation. The Portfolio Management Professional (PfMP) imply your advanced competency in the coordinated management of one or more portfolios to achieve strategic objectives. Organizations with mature project portfolio management practices complete 35 percent more of their programs successfully. PMI Certification has helped professionals to achieve milestones in their career.

If You are an executive or senior-level practitioner managing a portfolio of projects and programs related with organizational strategy and focused on doing the right work, then the PMI-PfMP is the best choice for you.

It varies for each organization if they choose to or give weightage to certified vs. non-certified.  Portfolio Management certification exam is not easy one it's challenging where you need to show your analytical mind. Having certification on the time on interview will add more values to your resume.

• To get your PfMP Certification, you need to meet the experience requirements and pass both the panel review.
• The certification exam Contains 170 multiple-choice questions and you have four hours to complete it. Format of the multiple-choice test.
• You must earn 60 professional development units (PDUs) in portfolio management topics every three years to maintain your PfMP.

• For Member: US$800.00
• For Non-member: US$1,000.00

• You should hold Secondary degree (high school diploma, associate’s degree or the global equivalent) and
• All applicants must hold a minimum of eight years of professional business and 10,500 hours of portfolio management experience.

OR

• You should hold four-year degree (bachelor’s degree or the global equivalent)
• 6,000 hours of portfolio management experience.

To get an idea about which syllabus topics are relevant to your certification, you should analyze the syllabus. You can find an overview of the related topics on the certification. These indicate which subjects are weighted more heavily on the exam questions and thus show which is more important and worthwhile studying
 
1 Strategic Alignment 25%
2 Governance 20%
3 Portfolio Performance 25%
4 Portfolio Risk Management 15%
5 Communications Management 15%

Portfolio Management Professional certification helps win better job opportunities in the industry and even makes you comparatively superior to other candidates. Besides, you might even grab higher salaries to those who are not certified. So, what are you waiting for? Make up your mind for a Portfolio Management certification and move further in your career.

Chart out a path for the preparation of Portfolio Management. Make sure that you stick to this road to score well in the exam. Here are the steps that will help you:

• Go through the syllabus of the PMI exam. Prepare a study plan based on the time duration that you have till the actual exam date
• You need to study every topic of Portfolio Management from the study guide, in detail
• PMI exams are known for asking scenario-based logical questions. Hence, while you are preparing, try to relate every concept with the real-time business scenario. This will not only help you in answering the question better but will also help you expand your knowledge
• To get a better grip on the topics, you need to perform the exercises for all the topics
• Solving exam-oriented PfMP sample questions helps a lot. They are readily available on the internet
• Subscribe for premium practice tests for PfMP.These tests have questions close to the actual exams and an ambiance that makes you feel that you are giving the real exam
• To ace the exam, identify your weak areas at the end of every practice test. Refer Portfolio Management Professional study material for respective topics
• Attempting Portfolio Management practice tests time and again helps you score better than every previous attempt
• Every attempt at PMI practice test is learning for you. Try to score better every time. This will lead you to your desired target in actual exam
• Our practice tests are the online PMI simulator. These tests are far better than holding sheets available online.

The  PMI PfMP Handbook is a basic resource for preparing PfMP Exam. If you use no other study material to prepare for the PfMP Certification exam, use the  PMI PfMP Handbook. You cannot clear the PfMP exam without it. You can download a free PDF copy of the current  PMI PfMP Handbook from the Project Management Institute's website. By the time you are ready to take the PfMP Exam, you will have read most of this book at least twice, if not three times. 

PfMP applicants would be wise to use online PMI-PfMP Practice exam to prepare for the exam. Exam simulators are practice PfMP exams. They provide the same style of questions that you will find on an actual PfMP exam, and they aim to give the exam environment so that you can get comfortable with the pressure and timing associated with the exam. PfMP practice exams are an excellent way to measure your ability to apply PMBOK Guide concepts to questions you've never seen before. They provide an effective way to find out what you don't know and build your confidence before your actual exam day.

The candidates for Portfolio Management Professional should read blogs for the better understanding of the PMI approach in the real world. Regular reading of blogs will help you to connect real time problems with the PMI learnings.

Join a formal study course offered by PMI PfMP chapters or accredited Registered Education Providers (R.E.P.s). You can get hold of good books for preparation of PMI PfMP certification exam.

• Processexam.com has a credible history of 10 years. The site has repeatedly been recommended by many of the top MNCs including PMI, Accenture, IBM, Atos, TCS, HP, Infosys, Wipro, Cognizant, Capgemini and others.
• 92% of the PMI Certified candidates, stated that they are confident of their ability to explain the exam, thanks to online practice exams on Portfolio Management.
• More than 53 experts in our team of 80 professionals are actively engaged in quality improvements and overall satisfaction with the PfMP online simulator.
• 98% of our candidates have been recommended by their project manager, team leaders, and colleagues in their organizations.

• If you desire to score well in the Portfolio Management exam, you need to have sufficient time for preparation.
• You need to improve your category-wise skills for answering tricky, faulty and non-practical questions
• You need to select the language of the exam based on the resources available in that language
• You should focus on the preparation and cover the syllabus rather than the score in the beginning

• Source information about the Testing Center
• You are required to provide two forms of identification to the testing center, including one photo identification such as a driver's license or a valid passport. Both forms must display the your signature.
• You should select the date, time and place of the exam, based on your convenience as there are several testing centers around the world
• Visit the Prometric test center before registering for the exam. There is no quality assurance for minor technical issues with used hardware and ambiance of the test center
• You should plan to arrive 15 minutes before Your scheduled exam time.
• You need to clarify the invoice details if you desire to have it in the name of your company.

How to Apply for PMI PfMP Certification Exam
Schedule your exam for PMI PfMP Certification.

• You have one year to take the exam after your application has been approved.
• You may take the exam up to three (3) times during the eligibility period.

To learn more about the testing centers, please visit Prometric.

Portfolio Management PfMP certification exam will become a cakewalk for you if you keep the above-mentioned things in mind. Remember time is money and the earlier you begin, the better it will be for you.