Portfolio Management Professional

Portfolio Management Professional (PgMP)

The Portfolio Management Professional certification is designed to validate your ability to develop, maintain, and protect portfolio investments and maximize value. It verifies that you have the necessary skills and knowledge to lead a team and make strategic decisions regarding investing in business projects.

Focus

The Portfolio Management Professional certification focuses on Portfolio management, strategic planning, leadership, project management

Exam Duration

The Portfolio Management Professional exam duration is 4 hours

Num of Question

The exam contains a total of

Exam Fee

The exam fee is $405 for members and $560 for non-members (as of my cut-off date).

Exam Validity

The CCRN-Pediatric certification is valid for 5 years.

Prior Certification

• None required

Exam Format

The Portfolio Management Professional exam is a offline proctored exam

Passing Conditions

To pass Portfolio Management Professional exam, applicants must achieve a minimum score of Pass 50% of the questions (85 out of 170).

Who Should Take

Portfolio managers, project sponsors, program managers, senior project managers, and executives

• Portfolio manager
• Project sponsor
• Program manager
• Senior project manager
• Executive

Prerequisites

3,750 hours of project management experience, including 2,000 hours earned in the last 8 years.

Or can substitute with certifications:

• A four-year degree or equivalent qualification
• 35 hours of project management education or training

Certification Process

• Step 1: Create a free account on the PMI website
• Step 2: Meet the eligibility requirements and documentation
• Step 3: Apply for the certification by submitting proof of meeting the requirements
• Step 4: Pay the application fee
• Step 5: Schedule and pass the exam

Domains with Weights

• Portfolio Management Paradigm (17%): Understand and apply the concepts of portfolio management, strategic planning, portfolio governance, and portfolio management maturity.
• Portfolio Life Cycle (9%): Understand and apply the concepts of portfolio life cycle, portfolio initiation, planning, execution, control, and closure.
• Portfolio Information Management (13%): Understand and apply the concepts of portfolio information management, including portfolio data, enterprise project management, and integration management.
• Portfolio Alignment (15%): Understand and apply the concepts of portfolio alignment, including strategy, program management, and project management.
• Portfolio Portfolio and Program Management (18%): Understand and apply the concepts of portfolio management, including strategic management, program management, and project management.
• Governance Governance (12%): Understand and apply the concepts of governance, compliance, and ethics in portfolio management.
• Portfolio Stakeholder Management (8%): Understand and apply the concepts of stakeholder management, communication planning, and stakeholder engagement.
• Portfolio Communication Management (8%): Understand and apply the concepts of communication planning, stakeholder engagement, and portfolio metrics.
• Portfolio Knowledge and Lessons Learned (10%): Understand and apply the concepts of knowledge management, lessons learned, and continuous improvement in portfolio management.