PMI’s Portfolio Management Professional (PfMP)®

credential recognizes the advanced experience and skill of portfolio managers. The certification recognised world-wide demonstrates your proven ability in the coordinated management of one or more portfolios to achieve organizational objectives.

Obtaining your certification:

This course suites a portfolio manager looking to demonstrate a proven ability to manage and align a portfolio of projects and programs to realize organizational strategy and objectives; increase your visibility and value with your organization; and separate yourself in the eyes of employers, the PfMP credential is right for you.

Portfolio Management Certification Requirements

Eligibility: Before you can apply for the exam, you must meet specific eligibility criteria and agree to adhere to the PMI Code of Professional Conduct.

Category 1
– You hold a four year baccalaureate degree or equivalent (the subject does not matter)


At least four years (6,000 hours) experience 'directing and leading' of portfolio management experience

6,000 Hrs

All applicants must possess a minimum of eight years (96 months) of unique months of non-overlapping of professional business experience.

96 Months

Allowable timeframe for accumulating experience, prior to date of application

15 years


Category 2
– You hold a high school diploma or equivalent


At least seven years (10,500 hours) experience 'directing and leading' of portfolio management experience

10,500 Hrs

All applicants must possess a minimum of eight years (96 months) of unique months of non-overlapping of professional business experience.

96 Months

Allowable timeframe for accumulating experience, prior to date of application

15 years

Formal, project management specific training contact hours (prior to application)

35 Hrs

Obtain an eligibility guide prior to starting :
The supporting documentation/information required by a candidate before applying for the examination is: -

  1. Educational background (degree or diploma or equivalent for Category 1)
     
  2. Experience verification form(s) meeting the requirements above + referees to verify the time claimed for each project listed. Your experience verification forms must identify hours against some of the specified tasks in each of the five ‘domains’ within a projects life cycle (but there are no minimum requirements):
    1. Initiating processes.
    2. Planning processes.
    3. Executing processes.
    4. Controlling processes.
    5. Closing processes.
       
  3. Proof of having successfully completed the required number of contact hours of project management education – PMI Melbourne’s courses are pre-approved by.

 Potential candidates must also agree to abide by the PMI Code of Ethics.
Application: Prior to sitting the exam, you must lodge your application via the register and log in to our online system (PMI Melbourne Chapter does NOT administer the examination).
The first step in the application process requires completing the on-line application forms to demonstrate your eligibility, PMI staff then review your application for completeness.
To apply for the PfMP, register and log in to our online system to get started.

  • Need more information? Get more information on the PfMP’s role and requirements. For a more detailed look, consult the PfMP Handbook.
  • Ready to take the exam? Use the PfMP exam guidance for information about the exam, tips for preparing, and important updates.

Once your on-line application has been assessed and determined to be complete, PMI will send you electronic notification to submit payment of the credential fee. This requires you to go back into the on-line certification system to: select your examination delivery method, request any special facilities, and submit payment.
After making your payment, your application will either be randomly selected for PMI's Audit process or you will receive your examination scheduling instructions.
After receiving your email advising your candidate details, scheduling your examination is straightforward. All eligible candidates can quickly and easily schedule, cancel and reschedule their certification examinations on-line.

Examination: You must pass a multiple-choice examination designed to objectively assess and measure your project management knowledge. The examination is computer-based and comprises 170 multiple-choice questions. The allotted time to complete the examination is 4 hours.
Discounts are offered to members on both the examination fees and the PMI Melbourne Chapter course fees. For additional information on the benefits of joining PMI see Membership Benefits [Link to http://www.melbourne.pmi.org.au/view/45.aspx] or for additional information regarding the course fees [ Link to http://www.pmi.org/ ]
All PMI examinations are administered exclusively by Prometric, a leading worldwide provider of testing and assessment services.  Test facilities are currently available in Melbourne and Sydney.  You can sit your exam at any time throughout the year at either facility and have a 12 moth window from the date your application is accepted.
Paper based exams are offered from time to time in other centres (contact the local PMI Chapter for details)

Continuing Certification: Once you have passed your PfMP examination, you maintain your certification status by 'earning' 60 PDU (Professional Development Unit) points in a three year cycle. These PDU points can be earned in a number of ways including attendance at PMI events, seminars and specified training.  For additional information visit our Continuing Certification Page

Additional Information:
For general enquiries contact the PMI Melbourne Chapter Professional Development Director: development@melbourne.pmi.org.au
For specific course information contact the training provider (refer to the Upcoming Training List).