Portfolio stakeholders are the individuals, organizations, or groups that can affect, may be affected by, or perceive themselves to be affected by a decision, activity, or outcome of a portfolio. In addition, individuals, organizations, or groups that could affect the organization’s ability to achieve its objectives should also be treated as stakeholders. A large number Read more about Learn Portfolio Stakeholder Engagement[…]
The objective for Portfolio Capacity and Capability Management is to ensure that the portfolio’s capacity and capability demands are in alignment with portfolio objectives and can be supported or met by the organization’s resource capacities and capabilities, thus enabling successful portfolio execution and expected portfolio returns. To learn the Portfolio Capacity and Capability Management you Read more about Learn Portfolio Capacity and Capability Management[…]
Understanding and implementing an effective Portfolio Governance framework guides the portfolio decision-making processes in the interests of all stakeholders while adhering to the governance principles of the organization. To learn the Portfolio Governance you need: Read the chapter ‘Portfolio Governance’ in the Standard for Portfolio Management, 4th Edition (Chapter 4). Watch the videos: 3. Additional Read more about Learn Portfolio Governance[…]
Portfolio Strategic Management is the management of intended and emergent initiatives that are often identified at an executive level and provide the very fabric under which portfolio management is executed. It supports strategic thinking and is the basis for an effective organization or business unit. Strategic thinking simply means asking, “Are we doing the right Read more about Learn Portfolio Strategic Management[…]
Portfolio execution is performed through its various components and operations. The health of the portfolio is reported through regular status reports and by reviewing the component performance metrics that were established during the planning phase. Proposed changes are reviewed based on ongoing organizational needs. Changes in the organizational environment may necessitate the reprioritization of components Read more about Learn Portfolio Execution[…]
Ok! You already know what the PfMP Exam is. Today is the day to improve your knowledge – start resolving the tasks for each Knowledge Area. If you’re facing either difficulties or uncertainty during your training, see the gaps in your knowledge, have no answer on some questions, you can always consider a mentorship. Find the details about Read more about Ready to Start Preparation[…]
The Portfolio Management Knowledge Areas are fields of specialization that are commonly employed when managing portfolios. A Knowledge Area is a set of processes and tools associated with a particular topic in portfolio management. The recommended learning sequence for the Knowledge Areas is based on your PfMP Preliminary Test results and your Knowledge Map. The most Read more about Learning the Portfolio Knowledge Areas[…]
The portfolio life cycle is the ongoing processes and functions that occur to a set of portfolios, programs, projects, and operations within a continuous time frame. In today’s global market, the portfolio life cycle needs to be adaptive and flexible to constantly change needs from all influences, internal and external, so organizations can remain competitive Read more about Read ‘The Portfolio Life Cycle’[…]
The Standard for Portfolio Management – Fourth Edition identifies project portfolio management principles and performance management domains that are generally recognized as good practices for organizations that have business needs to effectively manage the complex and intense program and project investments. “Generally recognized” means that the principles and performance management domains described are applicable to Read more about Read the Introduction to The Standard for Portfolio Management[…]
For PfMP certifications, your test will occur at one of Pearson VUE’s worldwide testing sites. Please follow these instructions for scheduling your test appointment with Pearson VUE: Pearson VUE Instructions. Then all that’s left is to test! Help your mates to become PfMP! Write your comment below about your experience of scheduling the test appointment.