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Your company does the work right. But should it perform right work? Being a portfolio manager, your role is important to ensuring the fact is “Yes.”
Formal portfolio management is easily the most effective way to apply strategic initiatives because it bridges the visible difference between strategy and implementation. Organizations which might be efficient at portfolio management had 62 percent of goods meet or exceed expected ROI in accordance with our 2012 Pulse of the marketplace research. Portfolio managers align projects, programs and operations with strategic objectives, investing resources inside the right work to give you the expected value.
The Portfolio Management Professional (PfMP) signifies your advanced competency from the coordinated treatments for more than one portfolios to attain strategic objectives. Organizations with mature project portfolio management practices complete 35 percent really their programs successfully. They fail less often and waste less overall in accordance with our 2015 thought leadership report, Delivering on Strategy: The effectiveness of Project Portfolio Management.
Who Should Apply?
If you’re an executive or senior-level practitioner managing a portfolio of projects and programs aligned with organizational strategy and dedicated to doing the right work, then your PfMP may be the answer you're looking for.
Study Guide for Portfolio Management Professional (PfMP) Certification
? https://processmanagement.wixsite.com/projectmanagement/post/study-guide-for-portfolio-management-professional-pfmp-certification
Gain and Maintain Your PfMP
? First phase of evaluation is panel review
? The certification exam has 170 multiple-choice questions and you've got 4 hours to finish it.
? To keep your PfMP, you must earn 60 professional development units (PDUs) in portfolio management topics every three years.
PfMP Exam Price
? Member: US$800.00
? Non-member: US$1,000.00
Prerequisites for PfMP Exam
? All applicants must possess a minimum of eight years of professional business experience AND
? Secondary degree (secondary school diploma, associate’s degree or global equivalent)
? 10,500 hours of portfolio management experience
OR
? Four-year degree (bachelor’s degree or global equivalent)
? 6,000 hours of portfolio management experience
PfMP Exam Guidance
To earn your PfMP credential, you should match the experience requirements and pass both panel review and PfMP examination, a 170-question, multiple-choice test.
Regardless how advanced your portfolio management experience might be, you should still prepare vigorously for that exam. Typically the use of multiple study aids - including courses, self-study and study groups - have been beneficial. It will take many hours to prepare, so ensure you leave yourself a good amount of preparation time prior to taking quality.
Tricks to Plan the PfMP Exam
? Review the PfMP handbook .
? Use the PfMP Exam Content Outline to compliment your study.
? Review The common for Portfolio Management - Third Edition.
? Refer towards the PfMP Examination Reference List to compliment your study.
? Enroll in the formal training made available from PMI chapters or accredited Registered Education Providers (R.E.P.s). You may also review self-study books published by R.E.P.s along with other reputable training organizations.
? https://pfmp-success-story.blogspot.com/2018/03/how-to-pass-pmi-portfolio-management.html
To get more information about PfMP Exam Questions check the best internet page.
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