PMI Announces a New Professional Credential for Portfolio Managers

PMI has announced that they are developing a new professional credential: Portfolio Management Professional (PfMP).  As you might guess from the name, this certification is directed toward project portfolio managers. For more information on eligibility, check the PfMP Certification page on the PMI web site.

PMI says that the PfMP Exam Content Outline will be made available later this month, and they expect that the pilot test will be available late in 4Q13.  At a guess, the Standard for Portfolio Management, Third Edition will likely be a key resource.  However, I expect that PMI will list a number of other references.

Note that nearly four years after it was introduced, there are only 939 active holders of the Program Management Professional (PgMP) credential.  I don’t know how many portfolio managers PMI expects to attract with this credential, but I’ll bet the initial interest will come almost entirely from people who already hold two or more PMI certifications.  I’ll report on this again later in the year, as news becomes available.

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About Dave Gordon

Dave Gordon is a project manager with over twenty five years of experience in implementing human capital management and payroll systems, including SaaS solutions like Workday and premises-based ERP solutions like PeopleSoft and ADP Enterprise. He has an MS in IT with a concentration in project management, and a BS in Business. He also holds the project management professional (PMP) designation, as well as professional designations in human resources and in benefits administration. In addition to his articles and blog posts, he curates a weekly roundup of articles on project management, and he has authored or contributed to several books on project management.