Project Management

PfMP^® Exam Preparation Workshop

• Traditional Classroom: 3-day
• Virtual Instructor-led: Six 3-hour sessions

This learning experience guides you through the multi-faceted discipline of portfolio management by focusing on the related technical, leadership, and business skills required to navigate it in the real world. The journey zooms in and out between governance context and specific operational activities. The ultimate goal is practical application, with the bonus of certification along the way.

Target Audience

Individuals who will benefit from this course include practitioners who use portfolio management and who are looking to validate their knowledge, skills, and experience; and project portfolio managers with 4–7 years of portfolio management experience and a minimum of 8 years of professional business experience.

Learning Objectives

• Candidates will be prepared to sit for and pass the PfMP^® Exam.
• Become equipped with the concepts, tools, techniques, and motivation to transform the engine of your enterprise project management environment — a structured portfolio decision process.
• Align and manage the portfolio strategically to satisfy organizational objectives and priorities through benefit realization.
• Articulate and emulate the role of a portfolio manager.
• Apply the principles and skills of a portfolio manager to you real-world environment.
• Study and prepare for the PfMP^® Exam.
• Apply for the PfMP^® certification per the PfMP^® Handbook and pass the initial panel review of your application.

Course Outline

Module 1: PFMP^® Exam Overview

• Details of the PfMP^® Certification Process
• PfMP^® Exam Application

Module 2: Introduction to Portfolio Management

• Projects, Programs, and Portfolios
• A Portfolio Management Process
• Strategy and Value
• The Role of the Portfolio Manager
• The Role of Key Stakeholders
• Life Cycle Management

Module 3: The Portfolio Life Cycle

• Overview of Life Cycle
• Portfolio Management Information System (PMIS)
• Governance Within the Portfolio Life Cycle

Module 4: Strategic Management

• Strategy Concepts
• Supporting Documentation and the Strategic Plan
• Planning and Optimization
• Organizational Risk Appetite
• Managing Strategic Change

Module 5: Governance Management

• Overview and Guiding Principles
• The Concept of Governance
• Effective Design Factors
• Governance Roles

Module 6: 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)

Module 7: Stakeholder Engagement

• The Importance of Stakeholders
• Overview and Guiding Principles
• Definition and Identification
• Analysis and Planning
• Communications Approaches and Management

Module 8: Value Management

• Overview (Guiding Principles, Definition, and Components)
• Negotiating Expected Value
• Maximizing Value
• Assuring Value
• Realizing Value
• Measuring and Reporting Value

Module 9: Risk Management

• Overview and Guiding Principles
• Portfolio Risk Planning
• Portfolio Risk Identification
• Portfolio Risk Assessment
• Portfolio Risk Response

MDP1076 Course Code