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PfMP Exam Format | PfMP Course Contents | PfMP Course Outline | PfMP Exam Syllabus | PfMP Exam Objectives

Exam Code: PfMP

Exam Name: PMI Portfolio Management Professional

Number of Questions: 170 (including 20 un-scored pretest questions)

Duration: 4 hours (240 minutes)

Passing Score: Determined through psychometric analysis (no fixed percentage).

Exam Delivery: Computer-based testing (CBT) at Pearson VUE test centers or online proctored.

Certification Body: Project Management Institute (PMI)

Target Audience: Senior portfolio managers, executives, and decision-makers

Focus: Strategic portfolio management, governance, and alignment with business objectives

Prerequisites: Significant experience in portfolio management (see eligibility criteria below)



1. Strategic Alignment (25%)

- Ensure portfolio alignment with organizational strategy.

- Evaluate and prioritize components based on strategic value.

- Balance portfolio components to optimize strategic benefits.

- Monitor and report on portfolio strategic alignment.



- Strategic goals

- Business case

- Benefits realization

- Value optimization

- Governance framework

- Strategic objectives

- Key Performance Indicators (KPIs)

- Portfolio roadmap



2. Governance (20%)

- Establish portfolio governance structure.

- Define decision-making authority and escalation paths.

- Monitor compliance with organizational policies.

- Ensure transparency and accountability in portfolio decisions.

- Governance model

- Decision rights

- Portfolio review board

- Compliance monitoring

- Risk appetite

- Policy adherence

- Stakeholder engagement

- Audit and oversight



3. Portfolio Performance (25%)

- Define portfolio performance criteria.

- Monitor and report portfolio performance.

- Optimize portfolio value delivery.

- Manage portfolio risks and issues.

- Performance metrics

- Return on Investment (ROI)

- Value measurement

- Risk-adjusted returns

- Portfolio dashboards

- Trend analysis

- Benefit sustainment

- Resource optimization



4. Portfolio Risk Management (15%)

- Identify and assess portfolio risks.

- Develop risk response strategies.

- Monitor and control portfolio risks.

- Communicate risk exposure to stakeholders.

- Risk appetite

- Risk tolerance

- Risk mitigation

- Contingency planning

- Risk aggregation

- Risk escalation

- Monte Carlo simulation

- Risk-adjusted backlog



5. Communications Management (15%)

- Develop a portfolio communication plan.

- Manage stakeholder expectations.

- Report portfolio status and performance.

- Ensure effective information dissemination.

- Stakeholder analysis

- Communication matrix

- Portfolio reporting

- Change communication

- Influence strategies

- Information radiators

- Feedback loops

- Executive summaries

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