Course Details

Welcome to the " Portfolio Management Professional (PfMP)" course! LPC delighted to welcome you to this transformative 5-day educational experience, meticulously curated by LPC. Over the next 5 days, LPC instructors will guide you to be prepared for PfMP exam. You’ll be equipped with skills, knowledge and tools to success as a portfolio manager.

Throughout your journey with LPC, we'll delve into portfolio management foundations, engage in discussions, and hone practical techniques. We'll master strategic, governance, performance, communication, and risk management of a portfolio. Besides, you’ll learn best practices and techniques for effective portfolio management.

Join LPC now on a journey to master Portfolio Management elevate your professional capabilities. This course will only prepare you to study for the PMI-PfMP.

By the end of this course, participants should be able to:

Grasp the fundamentals of portfolio management and its core concepts
Understand the role of portfolio management and its impact on organizational success
Understanding portfolio process cycle
Identify portfolio process groups
Successfully implement portfolio management process
Aligning portfolio components (programs, projects, and operations) with organizational strategic objectives, goals and priorities
Establish governance model and develop portfolio management plan
Evaluate and monitor portfolio performance to achieve strategic objectives
Manage portfolio risk and develop a risk plan
Develop communication plan to effectively communicate with stakeholders

Senior Project Managers and Program Managers: Individuals with significant experience in managing large projects and programs who seek to advance to portfolio management roles
Portfolio Managers: Current portfolio managers who want to formalize their knowledge and skills with a recognized certification
PMO Directors and Managers: Leaders of Project Management Offices responsible for aligning projects and programs with strategic objectives
Executives and Senior Leaders: Individuals at the executive level who oversee project portfolios to ensure they contribute to strategic goals
Consultants: Professionals who provide portfolio management consulting services and wish to validate their expertise

Course Outline

5 days course

Day 1

Day 2

Day 3

Day 4

Day 5

Introduction to Portfolio Management

PMI Portfolio Management Professional (PfMP)® examination content outline
Introduction to PMI and PfMP certification
Defining portfolio management and key related terms
Exploring the roles and responsibilities of a portfolio manager
Understanding the Relationship between portfolio components management:

Program management
Project management
Operations management

Discussing interaction between portfolio management and organizational strategy
Identifying the importance and techniques to create organizational business value

Portfolio Management Fundamentals

Discussing the steps of implementing portfolio management process
Exploring portfolio management process cycle
Understanding portfolio management information system (PMIS)
Discussing portfolio stakeholders
Determining the impact of organization on portfolio management:

Organizational Maturity
Organizational Impacts

Exploring portfolio management process groups:

Defining process groups
Aligning process groups
Authorizing and controlling process group

Recognizing the interaction in portfolio management process

Strategic & Governance Management

Steps and tools to develop portfolio strategic plan
How to create portfolio charter and roadmap
Discussing how to manage strategic change in portfolio
Steps and tools to develop portfolio management plan
Understanding how to define, optimize and authorize portfolio
Discussing how to provide portfolio oversight

Performance & Communication Management

Steps and tools to develop portfolio performance management plan
Discussing how to manage supply and demand
Methods to manage portfolio value
Steps and tools to develop portfolio communication management plan
Understanding portfolio information management

Risk Management

Steps and tools to develop portfolio risk management plan
Understanding how to manage portfolio risk
Lessons learned and best practices
Final Q&A and course wrap-up
Simulated exam

Portfolio Management Professional (PfMP)

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Portfolio Management Professional (PfMP)

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