PMI® Portfolio Management Professional PfMP® Certification Prep Course in Washington D.C.

PMI® Portfolio Management Professional PfMP® Certification

3 Day PfMP Prep Course (32 PDUs) by PMO Advisory, PMI® Global Registered Education Provider #4172

L’Enfant Plaza, Washington D.C. August 2, 3, & 4, 2017

PMI’s® Portfolio Management Professional PfMP® is a result of studies that have consistently shown organizations today fail to implement their strategies. The failure rate differs among studies but even the most optimistic puts the failure rate at 50% with some studies showing as high as 90%. One of the primary reasons for strategy implementation failure is poor project investment selection and poor organizational focus. This results in significant waste and ineffective use of precious assets and resources.

Confronting the issue of investment selection and prioritization as well limited resources, organizations must work “smarter” by focusing their limited resources on the most important and highest priority endeavors. PMI® created the Portfolio Management Professional PfMP® credential in 2014 mainly focused on addressing this major gap in organizational project management.

The Portfolio Management Professional PfMP® is commonly viewed as the apex of the project management professional ladder. Portfolio Management Professionals, PfMP®, often plan mid- to upper-level leadership roles, working with business executives to influence and determine project investments. The Portfolio Management Professional PfMP® certification provides the necessary credential and credibility to be at the same table with senior executives.

Course Description: Portfolio Management is the application of management activities to a collection of programs, projects and/or operations to achieve strategic business objectives. Thus Portfolio Management is not just about ensuring profits but cohesively binding projects within the portfolio, so that they work in tandem to achieve global goals of the organization. The Portfolio Management Professional (PfMP®) is an elite certification offering from the Project Management Institute (PMI®).

The Portfolio Management Professional PfMP® credential recognizes advanced experience, skills and performance necessary to manage and align a portfolio of projects and programs to realize organizational strategy and objectives. Portfolio Management Professional PfMP® credential holders oversee the success of one or more portfolios, balance conflicting demands between programs and projects, and allocate resources based on organizational priorities and capacities. Portfolio Management is generally viewed as the apex of the project management career ladder. Unlike program and project management that mainly concentrates on “how”, Portfolio Management addresses the question of “why” and “what”. As a Portfolio Management Professional PfMP®, you would be required to manage various aspects such as time, cost, and resources by applying Portfolio Management best practices.

Course Objectives: Upon completion of the Portfolio Management Professional PfMP® course, participants will have an understanding of:

Practical tools for assessing the agile / traditional balance point for projects
PfMP® Application process, requirements, and PfMP® exam outline
What are Portfolios and what is Portfolio Management
The interaction between Portfolio Management, Program / Project Management and Organization Strategy
The role of the Portfolio Manager and other key roles in Portfolio Management
How to design, prioritize, build the Portfolio and manage the Portfolio component relationships
The 3 Portfolio Management Process Groups and the interactions among them
The five Portfolio Management knowledge areas (Strategic Alliance, Governance, Portfolio Performance, Portfolio Risk Management, Communications Management).

Who will benefit from the course? As the Portfolio Management Professional PfMP® certification is the most elite PMI® qualification, credential holders will gain a distinct advantage in employment and promotional opportunities over their peers and this course is ideally suited for current program, project, and portfolio managers, along with VPs/AVPs, PMO Directors / PMO consultants. Executives and Managers in Government and or with Government Contractors who will be involved with implementation, and or governance, and or management with the newly introduced Program Management Improvement and Accountability Act (PMIAA).

The target groups of the Portfolio Management Professional PfMP® Certification are:

- - Senior project leaders who are helping their organization with project investment decisions
  - PMO leaders who are managing large quantities and pools of resources and wish to move into the driver seat.
  - Financial, marketing and operational executives who work closely with project managers in their organization and who are in a position to influence and contribute to the strategy implementation process.
  - Up and coming project professionals who are ready to take the next leap into mid- to upper-level management in their organization.

We also have seen a high number of senior project professionals who are “accidental project managers” and who have grown beyond PMP®. Portfolio Management Professional PfMP® is an excellent differentiator. If you’re unsure how well PfMP Certification may align with your professional applications and or ambitions, reach us, we’ll learn a little about you and give you feedback based on your unique circumstances, goals and aspirations. Email us by clicking here.

Portfolio Management Professional PfMP® Certification Prerequisites:

All applicants must possess a minimum of eight years of professional business experience AND
Secondary degree (high school diploma, associate’s degree or the global equivalent)
10,500 hours of portfolio management experience

Four-year degree (bachelor’s degree or the global equivalent)
6,000 hours of portfolio management experience

About the Certification Process. The Portfolio Management Professional PfMP® exam is part of a four-week credentialing process that leads to a Portfolio Management Professional PfMP® credential from PMI®. The credentialing process consists of a review panel and an exam filled with strict steps and deadlines. The process is as follows:

Application. Your application will include all of your portfolio management experience. Just compiling this information is a demanding task — make certain you document and verify your experience. PMI prefers all applicants apply via their online certification system, but they will allow printed applications on a case-by-case basis. Once you begin the application you have 90 days to complete it.

Application review. PMI will review your application for completeness. This typically takes 10 days.

Fees. You can’t schedule your exam until you pay your fees. Exam fees are based upon PMI member status. It pays to be a PMI member — the exam for members is $800 U.S., non-members pay $1,000 U.S. If you apply for membership before submitting your application for the credential make certain that your membership has been confirmed, otherwise you will be charged the higher non-member rate.

Audit. Fortunately not many applicants are selected for an audit. If you are randomly selected you will have 90 days to submit supporting documentation that includes diplomas, and signatures of supervisors for all of the projects and programs listed on your application. PMI will review your audit as soon as they receive it. Failure to provide the requisite information will cause you to fail the audit. If you complete the audit successfully you will move on to the panel review.

Panel review. The panel review will assess professional experience based on your responses to the Portfolio Management Experience Summaries on the application. The review panel is made up of portfolio managers selected by PMI. Each of the panel members are subject matter experts in portfolio management and trained by PMI to evaluate your experience. In order to avoid bias, your identity and location is kept confidential throughout the process. The review will verify that you have directly independently managed one or more portfolios. Experience summaries based on theoretical knowledge and no direct experience are almost always rejected during the panel review.

This step takes approximately four weeks to complete. Failure to clear the panel review means that you will be contacted to discuss your status and what you will need to do or improve upon before applying again. Passing the panel review means you are cleared to sit for the exam.

PfMP exam. Once you clear the review panel you will have up to one year to sit for the exam. The exam is computer based and consists of 170 multiple-choice questions. 150 questions are scored, while 20 are non-scored pre-test questions placed randomly throughout the exam. These questions are used to validate potential questions for future exams. A tutorial precedes the exam and a survey follows it. Each is optional and takes approximately 15 minutes. If you fail the exam you can retake it two more times during the 12-month period following clearing the panel review.

The examination covers five domains or knowledge areas:

Strategic alignment
Governance
Portfolio performance management
Portfolio risk management
Communications management

About Us

What makes PMO Advisory the best choice for your Portfolio Management Professional PfMP® Training and/or Consulting needs? First of all the company is founded by Te Wu who holds the following PMI® certifications; PfMP, PgMP, PMP, and PMI-RMP (Portfolio, Program, Project and Risk Management, Professional), and is an assistant professor at Montclair State University, and a visiting/adjunct professor at New York University, Stevens Institute of Technology, and Touro Graduate School of Business. Te founded PMO Advisory LLC, a management training and consulting firm that specializes in strategic business execution including portfolio, program, and project management. Hence the foundation of PMO Advisory is rooted in project management expertise coupled with educational attainment. We are uniquely capable as we serve the full spectrum of project management (portfolio, program, and project management) and leverage that in our consulting and advisory services.

We’re experienced professionals. We speak human. We don’t clutter our communication with consultant-speak designed to make frameworks more difficult to understand than they or your issues are. We prefer to keep our language and our solutions friendly, simple and effective. You’re not just hiring another training or consulting firm, you’re partnering with experienced professionals who will not only meet, but exceed, your expectations. We provide effective education that is grounded in years of successful application, not opinion or personal preference. We focus on what makes our clients successful.

We care about your success. YES, we really do! We don’t just get to know you or your business, we take a sincere interest and genuinely want to help you and or your business realize lofty goals. We want to know all about your vision for your career and/or company. We personally invest ourselves in each trainee and every project we work on. Our programs will provide you and your business with a clear road map to success.

We’ve done our homework. We’re extremely knowledgeable about serving busy people with busy lives and training trends. We embrace contemporary learning initiatives because we’ve seen first-hand the fantastic results that they produce. Whether you’re looking for a hybrid training of online and in-person / in classroom; whether organizational training or executive coaching or leadership training, you can be sure PMO Advisory is educated on a variety of solutions to meet your needs.

We are committed to quality. We don’t settle for anything but the best, and neither should you when it comes to Portfolio Management Professional PfMP® training. We’ve worked hard to find the best ways to provide our clients with affordable project management training programs and reasonable scheduling options without sacrificing the quality of our services.

We’re flexible, agile and cost-effective. Because we are a small firm, we’re also responsive, flexible and agile. We adapt as your needs change, with a speed, efficiency and cost-effectiveness that larger firms just can’t match. PMO Advisory does more than just deliver our project management training and management programs to you. We also make sure that the resources in your organization who will be implementing the programs know exactly how they work, why they work and how to help them evolve. We will make sure you’re set up for success before our work is done!

Our client satisfaction commitment. A positive client service experience which meets (and ideally exceeds) your expectations is the goal behind all of our business interactions. Continually improving our service experience is the cornerstone of our operations. Measurement and feedback are critical to achieving these goals. We continually collect client feedback — formal and informal; both good and not-so-good — and share it across the company. When the feedback is good, our employees are motivated to repeat and improve on their performance.

Fees & PDUs

The Portfolio Management Professional PfMP® Full 3 Days is offered in four tiers of support: Platinum, Gold, Silver, and Bronze. Click here to review the details of the various tiers including class size and guarantee to hold the class. Regardless of the tier, all participants earn 32 PDUs (24 Technical; 4 Leadership; 4 Strategic) upon completion of the course.

- - Platinum Tier: $3,699 including Sensible Guide to Passing the PfMP®, 3 Days of instructor-led training, 1 year of support (including attendance in other PfMP Intelicamp), access to online course and large test bank, application review, guaranteed to have the class*
  - Gold Tier: $3,099. Similar to Platinum except with 180 days of support and access. Also, class minimize size required
  - Silver tier: $2,599. Similar to Gold except with 60 days of support and access. No application review, and class minimize size applies
  - Bronze tier: $2,099. Similar to Silver except with 10 days of support and access. No application review, and class minimize size applies

Click here to email us any questions!

PMI® Portfolio Management Professional PfMP® Certification Prep Course
Washington DC (L’ EnFant Plaza), August 2, 3, & 4, 2017 32 PDUs

Taught by John Driessnack, PfMP

John is a nationally known expert in Systems and Portfolio/Program management in the Federal/DoD/Intel acquisition environment. He was part of the Project Management Institute (PMI) pilot program for Portfolio Management Professional (PfMP) and has written white papers published by PMI. Background includes experience as a military officer on major ACAT1D Aircraft and IT/Intel program(s), Managing Director of senior consulting groups, researcher in economics of portfolio/program controls and industry structure, and instructor along with curriculum/program development and administration experience at Defense Acquisition University, American University, and industry professional groups and companies.

Read John Driessnack’s PMI white papers at www.OldeStoneConsulting.com

Course Location: 600 Maryland Ave SW, Suite 500E, Washington, DC.
Hosted by: COBEC Consulting

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PMI® Portfolio Management Professional PfMP® Certification Prep Course

About the PMI® Portfolio Management Professional PfMP® Certification Prep Course Location:

L’ EnFant Plaza, Washington D.C.

A convergence of transit options on the Potomac River’s Southwest waterfront make the new L’Enfant Plaza a natural nexus of professional and leisure activity. L’Enfant Plaza is the only destination served by five of D.C.’s Metrorail lines, and is easily accessed by every major thoroughfare, including I-395, the Southeast Southwest Freeway and Independence Avenue – making it one of the most accessible destinations in D.C. for both office workers and tourists who are visiting the nation’s capital. Commuters are also just minutes away from catching the next train at the on-site Metro station, the VRE (Rail service in Virginia) just 2 blocks away, or nearby Union Station (Washington D.C.’s train station) only 10 minutes away.

PMI® Portfolio Management Professional (PfMP)® Certification Prep Course in Washington D.C.