What is the difference between PgMP and PfMP?
What is the difference between PgMP and PfMP?
PgMP is for Program Managers and PfMP is for Portfolio Managers – The roles are distinctly different and so are the certifications. While some program managers go on to become portfolio managers and/or hold both PgMP and PfMP certifications, it is not necessary.
Is a PfMP worth it?
PfMP® is a very important certificate for the experienced Portfolio Managers. Preparing for PfMP® will help you to learn many new and familiar concept and assist you to run your portfolio efficiently and effectively. Achieving PfMP® will assist you to gain top positions with excellent salary.
Is PfMP exam online?
PfMP exam: Once you clear the review panel you will have up to one year to sit for the exam. You will have 4 hours to complete the exam which is computer-based and consists of 170 multiple-choice questions.
What does PgMP stand for?
PgMP stands for Program Management Professional. If you already have the PMP certification (or the Project Management Professional) then PgMP is the next step toward increasing your knowledge in the Project and Program Management domain.
Is PfMP difficult?
Based on my conversation with few PfMP certified professionals, I expected that the exam would be much easier than any other PMI exams, however I was surprised that it was somehow tricky and requires a thorough understanding for the portfolio management standard and even beyond.
Is PMP or PgMP better?
If you already have experience with program management, you may want to go for the PgMP certification. If you have only project management experience, opt for the PMP certification. If you have both project management and program management experience, opt for the PgMP certification.
How many questions are on the PfMP exam?
Exam Format and Information
| Exam Name Portfolio Management Professional | Exam Code PfMP |
|---|---|
| Exam Duration 4 Hours | Exam Format Multiple Choice and Multi-Response Questions |
| Exam Type Professional | Number of Scored Questions 150 Questions |
| Exam Eligibility 1 year | Exam Fee Member: US $800 ; Non-Member: US$1000 |
How much does the PgMP exam cost?
So if you are PMI Member and clear PgMP final exam in 1st attempt, you will be paying PMI 800 USD. Membership Fee is 129 / 139 USD and difference between Member CBT Fee and Non-member CBT Fee is 200 USD. So you save at least 61 – 71 USD when you pass in 1st attempt.
How many PgMP certifications are there in the world?
PMI Fact File
| CAPM® Certified Associate in Project Management | 39,524 |
|---|---|
| PgMP® Program Management Professional | 2,709 |
| PMI-RMP® PMI Risk Management Professional | 5,337 |
| PMI-SP® PMI Scheduling Professional | 1,997 |
| (PMI-ACP)® PMI Agile Certified Practitioner | 30,027 |
How hard is the PgMP exam?
Difficulty level of PgMP Exam is experienced to be much higher by certified professionals compared to PMP Exam. Failure rate of this PgMP Exam/Test is very high. Approximately, one in two or three professionals are observed failing in their first attempt. Many of these professionals easily passed their PMP test before.
Who is The PFMP available to?
The PFMP is available to the following members of the Coast Guard: Purpose of Program According to the National Financial Capability Study – Military Survey – Executive Summary (2010), “Financial problems also can have a direct impact on military readiness.
How many questions are on The PFMP exam?
The certification exam has 170 multiple-choice questions and you have four hours to complete it. To maintain your PfMP, you must earn 60 professional development units (PDUs) in portfolio management topics every three years.
What do I do if I can’t find a PFM?
If a PFM is not available at your location, please reach out to your Command Financial Specialist or CGSUPRT. Command Financial Specialists (CFS): CFSs are members of the military who have been appointed by the commanding officer to provide financial education, basic budgeting, and information referral at the command level.
What is the Coast Guard PFMP?
The PFMP is responsible for ensuring the necessary financial information and resources are available to Coast Guard personnel and their family members to prevent these situations and others from happening. Program Confidentiality Discussions of individual personal finances are confidential.
