Portfolio Management Professional (PfMP)SM
Congratulations PfMP credential holders! The first group of Portfolio Management Professionals learned in early May that they now have the distinction of holding PMI’s new certification.
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PMI’s Portfolio Management Professional (PfMP)SM credential recognizes the advanced experience and skill of portfolio managers. The PfMP® demonstrates your proven ability in the coordinated management of one or more portfolios to achieve organizational objectives.
PfMP credential holders are responsible for the execution of the portfolio management process, communication around portfolio progress, and recommendations for action. Where project and program managers are responsible for “doing work right,” this is an ideal credential if you are responsible for ensuring your organization is “doing the right work.”
Who should apply?
If you’re a portfolio manager looking to demonstrate a proven ability to manage and align a portfolio of projects and programs to realize organizational strategy and objectives; increase your visibility and value with your organization; and separate yourself in the eyes of employers, the PfMP credential is right for you.
Portfolio Management Certification Requirements
To apply for the PfMP, you need to have either:
A secondary degree (high school diploma, associate’s degree, or the global equivalent), with at least seven years (10,500 hours) of portfolio management experience within the past 15 consecutive years.
A four year degree (bachelor’s degree or the global equivalent), with at least four years (6,000 hours) of portfolio management experience within the past 15 consecutive years.
Since portfolio management focuses on strategic investment matters and high level organizational decisions, it is pertinent to have a foundation of professional business experience. All applicants must possess a minimum of eight years (96 months) of professional business experience.
How to apply and prepare for the exam
Important Note – The pilot for the PfMP credential has closed. Candidates may continue to apply for this credential but testing will not resume until late Q2 2014. Please consult the PfMP Frequently Asked Questions for more information and check this webpage for additional updates.
Maintain your PfMP Certification
As part of PMI’s Continuing Certification Requirements program, a PfMP credential holder will need to earn 60 PDUs per three-year cycle. To learn more about the program, what are PDUs, how to earn and claim them, as well as step-by-step instructions on how to renew your certification, watch the CCR video. You can also reference the latest PfMP Handbook found on PMI.org.
If you’re ready to report your activities, visit PMI’s online CCR system to report PDUs and view your certification records. You can download a printable PDU Activity Reporting Form.