Contribution by: Kris Sprague

The Portfolio Management Professional (PfMP) certification is generally less recognized in the EU compared to the US, despite being a globally recognized PMI certification. This difference can be attributed to various factors including:

• Emphasis on different project management methodologies: In the US, the PMI and its PMP certification are highly valued, representing a more general approach to project management. In contrast, the EU, particularly in Western European countries, often favors more structured frameworks like PRINCE2, which are more prevalent in the EU.
• Industry-specific standards: Different industries in the EU may have their own preferred standards and certifications, which may overshadow the recognition of PfMP.
• Regional preferences: While PfMP is recognized globally, regional preferences and industry-specific needs can influence its perceived value. For example, the Project Management Professional (PMP) certification, with its broader focus, may have a wider appeal in the US, while other certifications may be more prominent in the EU.

It’s important to note that PfMP remains a valuable certification for those seeking to advance their careers in portfolio management, regardless of geographic location. It signifies a high level of expertise in managing and aligning multiple projects, programs, and operations with strategic goals. However, its specific recognition may vary depending on the region and the specific industry.

Contribution by: Anonymous

The PfMP (Portfolio Management Professional) certification by PMI is more established in the US due to PMI’s strong presence and influence in North America. In the EU:

• PRINCE2 and MoP (Management of Portfolios) are more commonly adopted, especially in the UK and Commonwealth countries.
• EU organizations often emphasize methodology over certification, relying on internal frameworks or ISO standards.
• There is growing awareness of PfMP, but adoption is slower due to regional preferences and regulatory environments.