Portfolio Management Professional (PFMP) Certification Training
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COURSE DATES AND LOCATIONS
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INTRODUCTION
Formal portfolio management is the most effective way to implement strategic initiatives because it bridges the gap between strategy and implementation. The Portfolio Management Professional (PfMP) signifies 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.
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COURSE OBJECTIVES
By the end of the course, you‘ll be able to:
- Project Governance
- Project Portfolio Performance
- Risk Management of Portfolio
- Project Communications Management
- Portfolio Manager Role and Responsibilities
- Preparation for the PfMP Certification Exam
- Strategic Alignment of Projects
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COURSE AUDIENCE
This course is made for
If you’re an executive or senior-level practitioner managing a portfolio of projects and programs aligned with organizational strategy and focused on doing the right work, then PfMP is the right choice for you.
- Program Manager
- Project Manager
- AVP
- PMO / PMO consultant
- Professionals leading large-scale programs
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COURSE OUTLINE
Day One
Introductions and Expectations
- Health, safety, and logistical information
Introductions
Course content and agenda
Participant’s expectations
Introduction of the PfMP® certification track
Defining Portfolio Management
- Learning objectives
- Domain description
- Key definitions
- What is portfolio management?
- Projects, programs, portfolios
Areas of emphasis - Portfolio stakeholder management
- Portfolio governance
- Cost and benefit profile and the portfolio life cycle
- Benefits management and portfolio management life cycles
- Exercise
Day Two
The Portfolio Life Cycle
- Overview of Life Cycle
- Portfolio Management Information System (PMIS)
Governance within the Portfolio Life Cycle
Strategic Management
- Strategy concepts
Supporting documentation and the strategic plan
Planning and optimization
Organizational risk appetite
Managing strategic change
Day Three
Governance Management
- Overview and Guiding Principles
- The Concept of Governance
- Effective Design Factors
- Governance Roles
- Capacity and Capability Management
- Overview and Guiding Principles
- Capacity Management and Planning
- Supply and Demand (Management and Optimization)
- Organization Capabilities (Assessment and Development)
- Performance Management (Reporting, Analytics, and Balance)
Stakeholder Engagement
- The Importance of Stakeholders
- Overview and Guiding Principles
- Definition and Identification
- Analysis and Planning
- Communications Approaches and Management
Day Four
Value Management
- Overview (Guiding Principles, Definition, and Components)
- Negotiating Expected Value
- Maximizing Value
- Assuring Value
- Realizing Value
- Measuring and Reporting Value
- A Look at Tools
- Risk Management
- Overview and Guiding Principles
- Portfolio Risk Planning
- Portfolio Risk Identification
- Portfolio Risk Assessment
- Portfolio Risk Response
Day Five
Exam Prep and Practice
- Overview
- Documenting experience
- Submitting the application
- Preparing to sit for the exam