Project Management Professional (PMI-PfMP):

The program provides the knowledge to portfolio managers who must ensure their organization’s objectives and strategies are aligned to meet their goal by managing one or more portfolios of different projects. Using the skills of managers and empowering them with tools and techniques that improve their abilities to manage portfolios.

 

Program Information:

  • Duration: 5 days

  • Material: English

  • Discussion: Mixed in English and Arabic

  • Price: 3250 SR

  • PDUs: 25

 

Prerequisites for PfMP:

  • All applicants must possess a minimum of eight years of professional business experience

  • Secondary degree (high school diploma, associate’s degree or the global equivalent)

  • 10,500 hours of portfolio management experience

OR

  • Four-year degree (bachelor’s degree or the global equivalent)

  • 6,000 hours of portfolio management experience

 

PfMP Outcomes:

  • Understand the portfolio manager’s role in the organization

  • Understand Portfolio Management Process Model

  • Ability to set realistic goals

  • Ability to coordinate various portfolios

 

 Benefits of PfMP:

  • Increased success in project delivery

  • Better decision making

  • Ability to prioritize high-value projects

  • Avoid overspending

  • Manage change more effectively

  • Remove inefficiencies

 

Exam Price:     

  • PMI-Member: $800

  • Non-Member: $1000

Exam Format:

  • 150 only will be counted towards your final score

  • 20 questions are pretest (unscored questions)

  • Allotted examination time (4 Hours)

 

FAQ:

1. What is the PfMP Certification?

The program provides the knowledge to portfolio managers who must ensure their organization’s objectives and strategies are aligned to meet their goal by managing one or more portfolios of different projects. Using the skills of managers and empowering them with tools and techniques that improve their abilities to manage portfolios.

2. What is the cost of the PfMP exam?

  • PMI member: $800

  • PMI non-member: $1000

3. Does training program include exam fee?

No

4. How do I schedule a certification exam appointment?

Once you are eligible, PMI will e-mail you examination scheduling instructions with your eligibility code, which you will need when scheduling your exam appointment at a testing center.

5. What is the PfMP Examination Structure?

PfMP Exam Blueprint

  • Domain 1: Strategic Alignment (8 tasks) 25%

  • Domain 2: Governance (5 tasks) 20%

  • Domain 3: Portfolio Performance (10 tasks) 25%

  • Domain 4: Portfolio Risk Management (6 tasks) 15%

  • Domain 5: Communications Management (6 tasks) 15%

6. What is the PDU (Professional Development Units)?

PDUs are the measuring unit used to quantify your professional development as part of the Continuing Certification Requirements (CCR) program. 1 PDU = 1 hour of learning/activity.

7. What is panel review?

A panel of volunteer portfolio managers will assess your professional experience based on your responses to the Portfolio Management Experience Summaries on the PfMP application.

 The review panel consists of individuals from around the world who, through an application process, have been identified as subject matter experts in portfolio management and have been trained and calibrated to assess your answers to the Portfolio Management Experience Summaries.

8. Can I retake the exam?

During the eligibility period, which is one year, you may take the examination up to three times. However, reexamination fees apply to the second and third attempts to pass the examination.

  • PMI Member: $600

  • Non-Member: $800

9. How much does CCR Certification renewal cost? 

  • Member $60

  • Non-Member $150