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Updated: Nov 06, 2026

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PMI PfMP Exam Overview:

Certification Vendor:Project Management Institute (PMI)
Exam Name:Portfolio Management Professional (PfMP)®
Exam Number:PfMP
Available Languages:English
Exam Format:Multiple Choice
Exam Price:Member: $800 USD; Non-member: $1,000 USD
Real Exam Qty:170 (150 scored + 20 pretest)
Exam Duration:240 minutes
Related Certifications:PMP® (Project Management Professional)
PgMP® (Program Management Professional)
PMI-ACP® (Agile Certified Practitioner)
Sample Questions:PMI PfMP Sample Questions
Exam Way:Computer-Based Testing at Pearson VUE or selected testing centers
Pre Condition:Applicants must meet experience requirements including 8+ years professional business experience and portfolio management experience based on PMI eligibility sets (varies by education level).
Official Syllabus URL:https://www.pmi.org/certifications/portfolio-management-pfmp

PMI PfMP Exam Syllabus Topics:

TopicDetails
Topic 1
  • Define and establish a governance model including the structure
  • Determine the impact to portfolio and portfolio components
Topic 2
  • Determine portfolio management standards, protocols, rules, and best practices
  • Collect and consolidate key performance metric data
Topic 3
  • Balance portfolio and prioritize portfolio components, using established criteria
  • Develop the portfolio risk management plan, using governance risk guidelines, processes
Topic 4
  • Manage and escalate issues by communicating recommended actions to appropriate decision makers
  • Identify prioritization criteria

Reference: https://www.pmi.org/certifications/portfolio-management-pfmp

PMI Portfolio Management Professional (PfMP) Sample Questions:

Question #1

Assume you have determined the prioritization criteria your Portfolio Review Board will use, and you have reviewed the criteria with your key stakeholders to attain their buy off and occurrence.
The purpose in establishing these criteria is to:

  • A. Ensure each component in the portfolio is in alignment to strategic goals
  • B. Enable comparison among components
  • C. Incorporate the key stakeholders' risk tolerances as a criterion for consideration
  • D. Set forth measurable goals with KPIs
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Which type of analysis determines the effect of changing one or more factors of the portfolio?

  • A. Trade-off
  • B. Performance
  • C. Market-payoff
  • D. Force field
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

You are the portfolio manager for your military-vehicle service firm, which has been in existence for 20 years. You have a number of components under way, and others in the pipeline. One component involves a new gas detection system, which uses new technology. It has interfaces with two other existing components plus one in development. Recently, a simulator, used by three components, had to be shut down completely as it was leaking nitrogen and could lead to asphyxiation. You reported it immediately to the Hazardous Materials and Pipeline Safety Administration. This is an example of a:

  • A. Known unknown
  • B. Execution risk
  • C. Structural risk
  • D. Critical incident
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Your company has acquired another company to expand its product line. Which document should you update to reflect the change in organizational structure?

  • A. Portfolio Process Assets
  • B. Portfolio Strategic Plan
  • C. Portfolio Charter Update
  • D. Portfolio Management Plan
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

You have just finished the development of the Portfolio Communication Management Plan. The portfolio team is looking for portfolio value assessment, status reports, and portfolio forecast with variance to plan. Where should they find this information?

  • A. Portfolio
  • B. Portfolio Process Assets
  • C. None of the options
  • D. Portfolio Management Plan
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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