Course Overview
Formal portfolio management is the most effective way to implement strategic initiatives because it bridges the gap between strategy and implementation. Organizations that are effective in portfolio management had 62 percent of products meet or exceed expected ROI according to our 2012 Pulse of the Profession® research. Portfolio managers align projects, programs, and operations with strategic objectives, investing resources in the right work to deliver the expected value.
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. They fail less often and waste less money according to our 2015 thought leadership report, Delivering on Strategy: The Power of Project Portfolio Management
Learning Outcomes
- The certification exam has 170 multiple-choice questions and you have four hours to complete it.
- To maintain your PfMP, you must earn 60 professional development units (PDUs) in portfolio management topics every three years.
Prerequisites
- All applicants must possess a minimum of 96 months of professional business experience within the last 15 years AND
- Secondary degree (high school diploma, associate’s degree, or the global equivalent)
- 84 months of portfolio management experience
Target Audiance
- 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 the PfMP is the right choice for you.
Schedule Dates
Implementing Project Management Collaboration with Portfolio Management Professional Core Technologies
Implementing Project Management Collaboration with Portfolio Management Professional Core Technologies
Implementing Project Management Collaboration with Portfolio Management Professional Core Technologies
Implementing Project Management Collaboration with Portfolio Management Professional Core Technologies
Course Content
- Visualize project progress, key milestones, and resource allocation in real-time.
- Efficiently allocate and manage human and material resources across multiple projects.
- Assign tasks, track their progress, and ensure timely completion.
- Facilitate seamless communication and collaboration among project teams, stakeholders, and management.
- Identify, assess, and mitigate risks associated with projects to ensure successful outcomes.
- Track project expenses, manage budgets, and analyze cost variances for informed decision-making.
FAQs
Project Management Collaboration refers to the coordinated efforts of a team to plan, execute, and monitor tasks and projects. It involves effective communication, resource allocation, and task tracking among team members to achieve project goals.
PfMP Core Technologies are the essential tools, software, and platforms utilized in Portfolio Management Professional practices. These technologies facilitate strategic planning, resource allocation, risk management, and decision-making for project portfolios.
Integrating Project Management Collaboration with PfMP Core Technologies ensures seamless coordination between individual project tasks and the broader portfolio objectives. It enhances visibility, efficiency, and alignment with organizational goals.
Common core technologies in PfMP practices include portfolio management software, project portfolio dashboards, resource management tools, risk assessment platforms, and strategic planning software.
Implementing these technologies in Dubai enhances project governance, increases transparency, improves decision-making, optimizes resource utilization, and fosters collaboration among project stakeholders, leading to successful project outcomes.