Portfolio Management Professional (PfMP®) Certification

The Governance domain focuses on setting up the governance model, creating the portfolio management plan, and getting approval for the portfolio. This ensures that portfolio components are authorised and processes are set up and continuously improved.

• Task 1: Define the Governance Model
• Task 2: Set Management Standards
• Task 3: Define Portfolio Processes
• Task 4: Create a Portfolio Management Plan
• Task 5: Approve Portfolio Decisions

The Portfolio Risk Management domain involves balancing and managing risks in a way that aligns with the organization’s risk appetite, helping in decision-making processes.

• Task 1: Determine Acceptable Risk
• Task 2: Develop a Risk Management Plan
• Task 3: Perform Dependency Analysis
• Task 4: Manage Risk Register
• Task 5: Promote Stakeholder Understanding
• Task 6: Recommend Portfolio Management Reserve

The Communications Management domain focuses on effective communication with stakeholders, understanding their needs, addressing issues, managing conflicts, and ensuring their involvement in portfolio decisions.

• Task 1: Analyze Stakeholders
• Task 2: Create a Communication Strategy
• Task 3: Engage Stakeholders
• Task 4: Maintain Communication Plan
• Task 5: Facilitate Stakeholder Understanding
• Task 6: Verify Communication Accuracy