1st Edition

PfMP® Exam Practice Tests and Study Guide

By Ginger Levin, PMP, PgMP Copyright 2014
    330 Pages 2 B/W Illustrations
    by Auerbach Publications

    330 Pages
    by Auerbach Publications

    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 Edition and the PfMP® Examination Content Outline (ECO), 2013.

    The book consists 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.

    Introduction
    List of Acronyms
    Strategic Alignment
    Governance
    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
    References

    Biography

    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 Man