vCare Project Management Pty Ltd.
ABN: 28 154 672 269
Level 12, 95 Pitt Street, Australia Square,
Sydney 2000
NSW Australia
Phone +61 422418076
http://www.vcareprojectmanagement.com.au/
Email - dharam@vcareprojectmanagement.com.au.
GLOBAL PMI – REP (Registered
Education Provider) # 3998
Portfolio Management Professional (PfMP®) Certification Bootcamp
(Total of 22 PDU allocated in 3 days)
Portfolio Management Professional (PfMP) is the latest certification offering from the PMI
Stable. The PfMP pilot phase started on 20 December 2013 and ended on 28th February 2014
with 121 certified from the first batch
What is a portfolio?
A portfolio is a collection of programs, projects and/or operations managed as a group. The
components of a portfolio may not necessarily be interdependent or even related—but they are
managed together as a group to achieve strategic objectives.
How does portfolio management differ from project management and program
management?
Portfolio, program and project management are all aligned and driven by organizational
strategies. However, each one contributes differently to the achievement of strategic goals.
PMI, PfMP, PgMP, PMI-ACP, PMP, OPM3, RMP, PMI-SP and PMBOK are registered marks of the Project Management Institute, Inc.
Why is portfolio management important?
Because it supports the organization’s strategic goals and, ultimately, its bottom line. Portfolio
management is critical to organizing and prioritizing projects and programs and ensuring that
the appropriate financial support is being allocated in support of those goals.
What is the role of the portfolio manager?
The Portfolio Manager is responsible for monitoring and managing assigned portfolios by:
 Establishing and guiding the selection, prioritization, balancing, and termination
processes for portfolio components to ensure alignment with organizational strategy.
 Providing key stakeholders with timely assessment of portfolio and component
performance.
 Assisting decision makers with the review, reprioritization, and optimization of the
portfolio.
 Ensuring timely and consistent communication to stakeholders on progress, impacts,
and changes associated with management of the portfolio.
 Participating in program and project reviews to reflect senior level support, leadership,
and involvement in important matters.
How do individuals benefit from obtaining the PfMP credential?
The PfMP credential validates and demonstrates a practitioner’s knowledge and experience. It
also differentiates practitioners from their non-credentialed peers, and, because it is
transferrable among methodologies and industries, it helps make them more marketable.
How does the PfMP credential differ from the Program Management Professional (PgMP)®
credential?
How does the PfMP credential differ from the Project Management Professional (PMP)®
credential?
PMI, PfMP, PgMP, PMI-ACP, PMP, OPM3, RMP, PMI-SP and PMBOK are registered marks of the Project Management Institute, Inc.
Do any of PMI’s other credentials serve as prerequisites for the PfMP credential?
No. As with any offering in our Credential Program, no credential serves as a prerequisite for
obtaining another and active credential holders may pursue other credentials.
Who should apply for the PfMP credential?
 Practitioners who use portfolio management and who are looking to validate their
knowledge, skills, and experience.
 Project portfolio managers with 4 to 7 years of portfolio management experience and a
minimum of 8 years of professional business experience
Agenda
Day 1
Agenda
Module 1 - INTRODUCTION TO PORTFOLIO / PROGRAM AND PROJECT
MANAGEMENT
 What is a Portfolio and Portfolio Management?
 Relationships Among Portfolios, Programs, and Projects
 Portfolio Management and Organizational Strategy
 Role of the Portfolio Manager
 Project, Program, or Portfolio Management Office
 Portfolio Governance and Sponsors
Module 2 - PORTFOLIO MANAGEMENT OVERVIEW AND ORGANIZATION
 Portfolio Management and Organizational Strategy and Objectives
 Portfolio Management Process Implementation
 Assess the Current State of the Portfolio Management Process
 Define the Portfolio Management Vision and Plan
 Portfolio Management Information System (PMIS)
 Portfolio Management Governance
 Organizational Maturity and Impacts
Module 3. PORTFOLIO MANAGEMENT PROCESS GROUPS
 Portfolio Management Process Groups
 Defining Process Group
 Aligning Process Group
 Authorizing and Controlling Process Group
 Portfolio Management Process Interactions
 Common Inputs and Outputs
 Portfolio Process Asset
 Portfolio Reports.
PMI, PfMP, PgMP, PMI-ACP, PMP, OPM3, RMP, PMI-SP and PMBOK are registered marks of the Project Management Institute, Inc.
Day 2
Module 4. PORTFOLIO STRATEGIC MANAGEMENT
 Develop Portfolio Strategic Plan
o Organizational Strategy and Objectives
o Inventory of Work
o Portfolio Component Inventory
o Strategic Alignment Analysis
o Prioritization Analysis
o Portfolio Strategic
 Develop Portfolio Charter
o Scenario Analysis
o Capability and Capacity Analysis
o Portfolio Charter
 Define Portfolio Roadmap
o Interdependency Analysis
o Cost-Benefit Analysis
o Prioritization Analysis
o Portfolio Roadmap
 Manage Strategic Change
o Stakeholder Analysis
o Gap Analysis
o Readiness Assessment
Module 5. PORTFOLIO GOVERNANCE MANAGEMENT
 Develop Portfolio Management Plan
o Elicitation Techniques
o Portfolio Organizational Structure Analysis
o Integration of Portfolio Management Plans
o Portfolio Component Inventory
o Portfolio Component Categorization Techniques
o Weighted Ranking and Scoring Techniques
 Define Portfolio
 Optimize Portfolio
o Quantitative and Qualitative Analyses
o Graphical Analytical Methods
 Authorize Portfolio
o Portfolio Management Information System
 Provide Portfolio Oversight
o Portfolio Reports
o Portfolio Review Meetings
Module 6. PORTFOLIO PERFORMANCE MANAGEMENT
 Develop Portfolio Performance Management Plan
 Manage Supply and Demand
 Manage Portfolio Value
o Value Scoring and Measurement Analysis
o Benefits-Realization Analysis
PMI, PfMP, PgMP, PMI-ACP, PMP, OPM3, RMP, PMI-SP and PMBOK are registered marks of the Project Management Institute, Inc.
Day 3
Module 7. PORTFOLIO COMMUNICATION MANAGEMENT
 Develop Portfolio Communication Management Plan
o Stakeholder Analysis
o Communication Requirements Analysis
 Manage Portfolio Information
o Communication Methods
Module 8. PORTFOLIO RISK MANAGEMENT
 Develop Portfolio Risk Management Plan
o Weighted Rankings and Scoring Techniques
o Graphical Analytical Methods
o Quantitative and Qualitative Analysis
 Manage Portfolio Risks
Module 9. Exam Prep and Wrap-up
PMI, PfMP, PgMP, PMI-ACP, PMP, OPM3, RMP, PMI-SP and PMBOK are registered marks of the Project Management Institute, Inc.