PfMP® Exam Practice Tests and Study Guide: 1st Edition (Paperback) book cover

PfMP® Exam Practice Tests and Study Guide

1st Edition

By Ginger Levin, PMP, PgMP

Auerbach Publications

336 pages | 2 B/W Illus.

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Recognizing the importance of portfolio management, the Project Management Institute (PMI®) has launched a new certification entitled the Portfolio Management Professional (PfMP®). PfMP® Exam Practice Tests and Study Guide is the most comprehensive resource available to help you prepare for and pass the PfMP® certification exam. It provides coverage that is current with The Standard for Portfolio Management, Third Editionand the PfMP® Examination Content Outline (ECO), 2013.

The bookconsists of five sections, each of which corresponds to one of the five domains described in the ECO. Each section includes study hints, a list of major topics that may be encountered on the exam, and 20 multiple-choice practice questions that illustrate the applicable task from the ECO. Each section also includes an answer sheet and answer key with the rationale for each correct answer and references to the Standard. Supporting references are also listed at the end of the book for each of the domains covered on the exam.

Written by Dr. Ginger Levin, co-author of best-selling PMP® and PgMP® study guides, the book includes two complete practice tests, each consisting of 170 questions that follow the blueprint of the actual PfMP® exam as described in the ECO. For example—

  • 25 percent of the questions relate to Strategic Alignment
  • 20 percent relate to Governance
  • 25 percent relate to Portfolio Performance
  • 15 percent relate to Portfolio Risk Management
  • 15 percent relate to Communications Management

The two accompanying online tests feature a proprietary scoring algorithm to help you determine if you are Proficient, Moderately Proficient, or Below Proficient in each domain. Earning the PfMP® certification is a prestigious accomplishment. By studying this book and using the practice exams provided, you will significantly improve your chances of passing the exam, the first time around.

Table of Contents


List of Acronyms

Strategic Alignment


Portfolio Performance Management

Portfolio Risk Management

Communications Management

Practice Test 1

Answer Sheet for Practice Test 1

Answer Key for Practice Test 1

Practice Test 2

Answer Sheet for Practice Test 2

Answer Key for Practice Test 2

Appendix: Study Matrix Practice Tests

Study Matrix—Practice Test 1

Study Matrix—Practice Test 2


About the Author

Dr. Ginger Levin is a Senior Consultant and Educator in project management. Her specialty areas are portfolio management, program management, the Project Management Office, metrics, and maturity assessments. She is certified as a PMP, PgMP and as an OPM3 Certified Professional. She was the second person in the world to receive the PgMP. As an OPM3 Certified Professional, she has conducted over 25 maturity assessments using the OPM3 Product Suite tool.

Dr. Levin is also an Adjunct Professor for the University of Wisconsin-Platteville where she teaches in its M.S. in Project Management Program, for SKEMA (formerly Esc Lille) University, France, and RMIT in Melbourne, Australia in their doctoral programs in project management. In consulting, she has served as Project Manager in numerous efforts for Fortune 500 and public sector clients, including Genentech, Cargill, Abbott Vascular, UPS, Citibank, the Food and Drug Administration, General Electric, SAP, EADS, John Deere, Schreiber Foods, TRW, New York City Transit Authority, the U.S. Joint Forces Command, and the U.S. Department of Agriculture. Prior to her work in consulting, she held positions of increasing responsibility with the U.S. Government, including the Federal Aviation Administration, Office of Personnel Management, and the General Accounting Office.

Dr. Levin is the author of Interpersonal Skills for Portfolio, Program, and Project Managers, published in 2010. She is the editor of Program Management A Life Cycle Approach(2012). She is the co-author of Program Management Complexity: A Competency Model (2011), Implementing Program Management: Forms and Templates Aligned with the Standard for Program Management Second Edition (2008); updated in 2013, Project Portfolio Management, Metrics for Project Management, Achieving Project Management Success with Virtual Teams, Advanced Project Management Office A Comprehensive Look at Function and Implementation, People Skills for Project Managers, Essential People Skills for Project Manager, The Business Development Capability Maturity Model, and PMP Challenge! [now in its 6th Edition], PMP Prep Practice Test and Study Guide[now in its 9th Edition], the PgMP Prep Practice Test and Study Guide[now in its 4th Edition], and PgMP Challenge!.

Dr. Levin is an active volunteer with PMI, has spoken at a PMI Global Congress since 1997, and regularly presents to PMI chapters around the world. She received her doctorate in Information Systems Technology and Public Administration from The George Washington University, and received the Outstanding Dissertation Awardfor her research on large organizations.

About the Series

Best Practices in Portfolio, Program, and Project Management

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Project Management
COMPUTERS / Information Technology
TECHNOLOGY & ENGINEERING / Engineering (General)