Course Overview

    Overview

    Course Highlights

    Eligibility Criteria

    Benefits

    Exam Format

    Certification Cost

    What Is the PfMP and What Does It Prove?Your Path to Portfolio Leadership

    The Portfolio Management Professional (PfMP) is PMI's most senior portfolio management credential, recognising professionals who align an organisation's portfolios of programmes and projects to strategic objectives. Invensis Learning's PfMP certification training in Iceland prepares senior leaders to govern portfolios, prioritise investment and connect delivery to strategy. The programme is aligned to PMI's Standard for Portfolio Management, Fourth Edition, and the PfMP Examination Content Outline (ECO), covering the five performance domains: strategic alignment, governance, portfolio performance, portfolio risk management and communications management. It also guides you through the PfMP application and the multi-rater panel review, both of which you must pass to earn the credential. Delivered in live online and classroom formats for Reykjavik and teams across Iceland, the training suits portfolio managers, PMO heads and senior delivery leaders. Start your PfMP journey with Invensis Learning and move from delivery expertise to recognised portfolio leadership.

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    Invensis Learning is a Premier PMI Authorized Training Partner (ATP ID 4177) in Iceland , approved to deliver official PfMP Certification training with PMI-aligned courseware and standards.

    What Is the PfMP and What Does It Prove?Your Path to Portfolio Leadership

    View Digital Badges on Credly

    Certification Badge

    Invensis Learning is a Premier PMI Authorized Training Partner (ATP ID 4177) in Iceland , approved to deliver official PfMP Certification training with PMI-aligned courseware and standards.

    Key Highlightsof the PfMP Certification Training Course

    PfMP Certification Eligibility in IcelandDo You Qualify for the PfMP Exam?

    Why the PfMP Is Worth It for Senior LeadersReal Gains from Certification

    PfMP Exam Format in IcelandWhat to expect on exam day

    The PfMP exam validates your ability to manage and optimize portfolios that align organizational investments with strategic business objectives. The assessment focuses on portfolio governance, strategic alignment, performance management, risk management, and portfolio communication. Candidates are evaluated through scenario-based and situational questions that test their ability to make portfolio-level decisions in complex business environments.

    PfMP Certification Cost in Iceland

    Note: Prices may vary depending on your location and delivery preferences. Reach out to our learning advisors for the exact pricing details.

    Portfolio Career Paths in IcelandRoles, Demand and Earning Upside

    PfMP has become a senior marker of portfolio leadership across Iceland, valued by energy utilities, banks, technology firms, seafood-technology exporters and public bodies that run large, strategy-critical portfolios. As Digital Iceland scales public-service transformation and green data centres expand on renewable power, credentialed portfolio leaders are increasingly sought after. Demand sits at the senior end, from Portfolio Manager to Head of PMO and PMO Director, and here is what the market is telling us right now.

    Industry Forces Fuelling Portfolio Demand in Iceland

    PfMP is more than a credential. It is a career multiplier for senior portfolio leaders in Iceland. Join professionals who connect delivery to strategy and lead at the portfolio level. Start your journey today.

    Your Iceland Career Transformation

    From Delivery Lead to Portfolio Authority

    Where PfMP Takes Your Career in Iceland

    Iceland's project and portfolio market is expanding with digital-government programmes, green data centres and energy investment, and employers increasingly separate certified portfolio leaders from the rest. Here is which side of that line you want to be on.

    Sources: SalaryExpert, ERI SalaryExpert, Glassdoor (Iceland) 2026.

    How to Get PfMP Certified in IcelandStep-by-Step Certification Process

    The PfMP certification path in Iceland is the most senior on the PMI credential ladder. It centres on PMI's peer-panel review of your portfolio management experience, followed by a 170-question, 240-minute scenario-based exam administered through Pearson VUE. From initial application to exam day typically takes 3-6 months, including the panel-review evaluation window.

    Step 1: Confirm PfMP Eligibility

    Verify you meet one of the three eligibility sets (Set A / Set B / Set C) , secondary diploma OR bachelor's degree OR GAC-accredited bachelor's, plus 96 months of professional business experience plus 84/48/36 months of portfolio management experience within the past 15 years.

    Step 2: Enrol in PfMP Training

    Choose your preferred Invensis Learning PfMP cohort (3-Day Live Online Bootcamp, E-Learning, or Corporate Group Training). On enrolment you receive PMI-aligned PfMP courseware, panel-submission templates, and scenario mock-exam material.

    Step 3: Document Portfolio Management Experience for Panel Review

    Compile your portfolio management experience submission to PMI's evaluation standard: roles held, portfolios led, governance forums chaired, value realised. Invensis Learning's submission templates and reviewer feedback help you avoid the common rejection patterns PMI flags.

    Step 4: Submit the PfMP Application to PMI

    Submit your application via the PMI candidate portal. PMI performs an initial review, then forwards the experience submission to the peer panel for evaluation. The panel-review window typically runs 60-90 days. Pay the PfMP application/exam fee: ~$800 (PMI member) or ~$1,000 (non-member).

    Step 5: Prepare for the Examination

    Strengthen your readiness through structured PfMP exam prep training, mock examinations, scenario-based exercises, portfolio governance case studies, and focused revision plans. This preparation helps build confidence for the examination and reinforces key portfolio management concepts.

    Step 6: Earn the PfMP Credential and Plan CCR Renewal

    On passing, PMI issues your PfMP digital badge and certificate. The credential is valid for three years; renew via PMI's Continuing Certification Requirements (CCR) programme by earning 60 PDUs across the 3-year cycle in portfolio-relevant content.

    Module 1: Introduction to Portfolio Management

    • Portfolio vs program vs project distinctions
    • PMI Portfolio Management Standard structure
    • Portfolio manager role and the C-suite interface
    • Portfolio life cycle overview

    Module 2: Strategic Alignment

    • Aligning portfolios to organizational strategy and value
    • Portfolio charter and strategic plan
    • Value definition and prioritization frameworks
    • Linking portfolio to enterprise OKRs/balanced scorecards

    Module 3: Portfolio Governance

    • Portfolio governance board structure and authority
    • Portfolio component selection and prioritization
    • Investment review boards and stage-gate approvals
    • Governance reporting at the C-suite and Board level

    Module 4: Portfolio Performance Management

    • Portfolio performance metrics and dashboards
    • Resource capacity and demand planning at the portfolio level
    • Performance reviews and portfolio rebalancing
    • Benefits realization at portfolio scale

    Module 5: Portfolio Risk Management

    • Portfolio-level risk identification and aggregation
    • Risk appetite and risk capacity at the portfolio level
    • Portfolio risk response and contingency reserves
    • Risk monitoring and escalation to executive sponsors

    Module 6: Communications Management

    • Stakeholder analysis at portfolio scope
    • Portfolio communications planning
    • Executive and Board-level reporting cadence
    • Cross-portfolio communications and knowledge sharing

    Module 7: PMI Application Process and Panel Review

    • PfMP application structure
    • Documenting portfolio management experience for the panel
    • Peer panel review preparation
    • Avoiding common application rejections

    Course Curriculumof the PfMP Certification Training

    The PfMP curriculum follows the official PMI Examination Content Outline and covers all tested domains. Modules are delivered over 3 days with scenario walkthroughs, chapter quizzes, and PfMP-format mock exams that mirror the live PMI paper.

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    The Portfolio Skills You Will BuildFrom Strategy to Governance

    In this PfMP training you will learn to align portfolios to strategy, govern investment, manage portfolio risk and lead executive communication across the five PfMP performance domains. By the end of the programme you can connect delivery to strategy and govern investment at scale.

    Align Portfolios to Strategy

    In this PfMP training you will learn to translate organisational strategy into a balanced portfolio, building portfolio strategic plans, roadmaps and prioritisation models that keep components aligned to objectives. Strategic Alignment is the largest exam domain at 25%.

    Govern Portfolios at Scale

    Design and run portfolio governance frameworks, review boards and investment committees, defining decision rights, authorising components and providing executive oversight. Governance carries 20% of the PfMP exam.

    Drive Portfolio Performance and Value

    Manage supply and demand, optimise resources, and track benefit realisation and portfolio value against baselines using quantitative techniques. Portfolio Performance accounts for 25% of the exam.

    Manage Portfolio Risk

    Set risk appetite and tolerance, aggregate cross-component and strategic risks, and build portfolio-level risk responses that protect strategic value. Portfolio Risk Management makes up 14% of the exam.

    Lead Executive Communications

    Plan and deliver portfolio communications, engage senior stakeholders and sponsors, and report performance through dashboards and executive summaries. Communications Management is 16% of the exam.

    Prepare for the Exam and Panel Review

    Document your portfolio experience for the PMI application, get ready for the multi-rater panel review, and practise for the 170-question, four-hour exam with mock tests and scenario questions.

    Who Should TakePfMP Training in Iceland?

    Portfolio Manager

    Senior Portfolio Manager

    Portfolio Director

    PMO Director (Enterprise portfolio)

    Investment Strategy Director

    Chief Strategy Officer (PMI-aligned)

    Enterprise Architect (portfolio focus)

    Who Can Take This Certification Training

    PfMP Certification Training Modesfor Professionals and Teams

    We offer flexible training formats designed to suit different learning preferences, schedules, and professional goals. Whether you prefer classroom learning, live online sessions, team-based learning, or personalized coaching, choose the option that best supports your PfMP learning and certification journey.

    PfMP Live Virtual Training

    • Live online instructor-led sessions

    • Interactive discussions and virtual activities

    • Expert guidance from experienced trainers

    • Practice assessments and revision support

    • Dedicated Q&A sessions for concept clarification

    • Fixed schedules for accountability and momentum

    • Small batch sizes for personalized attention

    • Access from any location with internet connectivity

    EUR 1750

    Attend fully interactive online sessions from anywhere while benefiting from real-time instructor guidance and collaborative learning experiences. This Virtual PfMP training option provides flexibility while maintaining direct engagement with experienced portfolio management experts.

    Official PMI Course Material

    Best For: Professionals seeking the flexibility of online learning without compromising on live instructor interaction.

    PfMP Classroom Training

    • Instructor-led classroom sessions

    • Interactive discussions and group activities

    • Real-world examples and practical exercises

    • Structured learning with fixed schedules

    • Opportunities for peer networking and collaboration

    • Practice assessments and knowledge checks

    • Dedicated Q&A and concept clarification

    • Immediate trainer feedback and support

    Learn through face-to-face sessions led by experienced instructors in a collaborative classroom environment. This Classroom PfMP training format combines expert guidance, peer interaction, and practical portfolio management exercises to create an engaging learning experience.

    Official PMI Course Material

    Best For: Learners who prefer in-person interaction, structured schedules, and collaborative learning experiences.

    PfMP Corporate Group Training

    • Customized training aligned to organizational goals

    • Flexible delivery: onsite, virtual, hybrid, or blended

    • Scheduling tailored to business availability

    • Role-based examples and industry-relevant discussions

    • Progress tracking and learner assessments where applicable

    • Dedicated coordination and administrative support

    • Consistent learning experiences across teams

    • Scalable delivery for local, regional, or global workforces

    Designed for organizations that want to strengthen portfolio governance, align investments with business strategy, and develop leadership capabilities through structured learning initiatives. This format is ideal for PfMP training for companies in Iceland seeking to build enterprise portfolio management expertise.

    Official PMI Course Material

    Best For: Organizations looking to upskill employees, address capability gaps, and deliver consistent training across teams.

    PfMP Focused 1-to-1 Training

    • One-to-one instructor attention

    • Customized learning plans and objectives

    • Flexible scheduling based on availability

    • Personalized feedback and coaching

    • Additional focus on challenging topics

    • Targeted practice and revision support

    • Faster clarification of questions and concepts

    • Learning pace is adapted to individual needs

    Receive personalized instruction tailored to your goals, pace, and learning requirements through dedicated sessions with an expert trainer. This format provides PfMP coaching for professionals seeking individualized support with application preparation, peer-panel review readiness, portfolio governance concepts, and examination preparation.

    Official PMI Course Material

    Best For: Professionals seeking personalized guidance, accelerated learning, or focused support to achieve specific outcomes.

    PfMP Live Virtual Training

    PfMP Live Virtual Training

    Live online instructor-led sessions

    Interactive discussions and virtual activities

    Expert guidance from experienced trainers

    Practice assessments and revision support

    Dedicated Q&A sessions for concept clarification

    Fixed schedules for accountability and momentum

    Small batch sizes for personalized attention

    Access from any location with internet connectivity

    Starts from

    EUR 1750

    Please Note: Attend fully interactive online sessions from anywhere while benefiting from real-time instructor guidance and collaborative learning experiences. This Virtual PfMP training option provides flexibility while maintaining direct engagement with experienced portfolio management experts.

    Official PMI Course Material

    Best For: Professionals seeking the flexibility of online learning without compromising on live instructor interaction.

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    Why Choose Invensis Learning for PfMP in IcelandYour Trusted Partner

    Invensis Learning delivers structured PfMP training for individual professionals and organisations looking to build portfolio leadership capability and prepare for the PfMP exam and panel review. As a PMI Authorized Training Partner, we combine experienced PMI-aligned instructors, flexible delivery formats, organised courseware and learner-focused support. Whether you enrol as an individual or plan corporate training for your team, Invensis Learning, a trusted PfMP training company in Iceland, provides a professional experience built around practical understanding, real-world application and measurable learning outcomes, backed by ISO 9001:2015 and ISO 27001:2022 certification.

    • Experienced PMI-aligned trainers with real portfolio leadership exposure
    • Flexible live online and classroom formats for individuals and teams
    • Structured, PMI-aligned courseware built for clear, practical learning
    • PfMP application and panel-review preparation support
    • Customised corporate schedules for Icelandic organisations
    • Practice questions, mock exams and scenario-based exercises
    • Dedicated learner support before, during and after training
    • ISO-certified quality and information-security standards

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    PfMP Training Locations in IcelandInstructor-led in-person Classroom training is available for group batches. All other public cohorts are delivered as Instructor-led Live Virtual. See available cohorts.

    PfMP Training Location in Iceland

    Hilton Reykjavik Nordica, 2, Suðurlandsbraut, Háaleiti, Háaleiti og Bústaðir, Reykjavíkurborg, Höfuðborgarsvæðið, 108, Ísland

    PfMP Training Location in Iceland

    Grand Hotel Reykjavik, 38, Sigtún, Teigar, Laugardalur, Reykjavíkurborg, Höfuðborgarsvæðið, 105, Ísland

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    Corporate PfMP Training for Icelandic TeamsFor Your Organisation

    • Suitable for small, medium and large senior teams
    • Customised training schedules based on team availability
    • Delivery through onsite, live virtual or hybrid formats
    • Experienced trainers with portfolio and industry expertise
    • Role-based, industry-relevant examples for Icelandic teams
    • Dedicated coordination and support for corporate programmes
    • Scalable delivery for teams across Iceland and abroad

    Leading Organisations

    MarelOssurLandsvirkjunLandsbankinnCCP GamesIcelandair

    What Our Learners Say

    Cleared the Panel Review with Confidence

    "The PfMP training gave me the structure I needed to document my portfolio experience and clear the panel review. The mock exams and trainer guidance changed how I approached the scenario questions, and I passed on schedule."

    Gudrun Jonsdottir

    Portfolio Manager

    0/0

    The Bridge from Programme to Portfolio

    "Moving from programme to portfolio management felt like a big jump until this course. The sessions on governance and prioritisation were practical, and the application support made the PfMP process far less daunting."

    Einar Sigurdsson

    Programme Manager

    0/0

    Practical and Well Structured

    "Strong PMI-aligned content and very clear explanations of the five performance domains. The templates and quizzes helped me revise around a demanding work schedule in Reykjavik."

    Kristin Bjarnadottir

    Senior Project Manager

    0/0

    Standardised Portfolio Governance Across Our PMO

    "We enrolled our portfolio leads to standardise governance across the PMO. The trainers tailored examples to our sector, and the team now shares a common language for prioritisation and value tracking."

    Olafur Thorsson

    Head of PMO, Energy Sector

    0/0

    Flexible Corporate Delivery That Fit Our Teams

    "As an L&D lead, I valued the flexible corporate delivery and clear reporting on progress. The programme upskilled our senior managers on portfolio governance without pulling them away from delivery for long."

    Sigrun Palsdottir

    Learning and Development Lead, Financial Services

    0/0



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    Frequently Asked QuestionsHere's everything you may ask...

    PfMP is PMI's most senior portfolio management credential for professionals who align portfolios of programmes and projects to organisational strategy. It is designed for portfolio managers, PMO heads, directors of delivery and senior practitioners with substantial portfolio management experience.

    General

    What is the PfMP certification and who is it for?

    PfMP is PMI's most senior portfolio management credential for professionals who align portfolios of programmes and projects to organisational strategy. It is designed for portfolio managers, PMO heads, directors of delivery and senior practitioners with substantial portfolio management experience.

    Is the PfMP worth it for professionals in Iceland?

    Yes. Portfolio manager salaries in Iceland average around kr 12.7M a year, with Head of PMO and PMO Director roles reaching higher. As Digital Iceland and green data centres expand strategy-critical portfolios, certified portfolio leaders are increasingly in demand across energy, banking and technology.

    Is the PfMP recognised in Iceland?

    Yes. PfMP is a globally recognised PMI credential valued by employers across Iceland and worldwide, including energy utilities, banks, technology firms and public bodies that run large, strategy-critical portfolios.

    Do I need PMP or PgMP before taking the PfMP?

    No. Neither PMP nor PgMP is a prerequisite for PfMP. Eligibility is based on general business experience and portfolio management experience rather than prior PMI certifications, though many senior portfolio managers hold one or both.

    How long is the PfMP valid and how is it renewed?

    PfMP is valid for three years. To maintain it, you earn 60 PDUs across the PMI Talent Triangle, with a minimum of 8 PDUs in each area, within each three-year continuing certification requirements cycle.

    Pricing

    How much does PfMP training cost in Iceland?

    PfMP training fees in Iceland vary by format and are available on request. Live online and corporate options are quoted per learner or per team, and the PMI exam fee is billed separately. Request a quote from a learning advisor for current pricing.

    What is included in the PfMP course fee?

    The training fee typically includes PMI-aligned courseware, practice questions, mock exams, exam simulator access, downloadable templates, application and panel-review support, learner support, and a course completion certificate with contact hours.

    Is the PMI exam fee included in the training price?

    No. PMI bills the PfMP exam fee separately in USD under regional pricing, for reference around USD 800 for members and USD 1,000 for non-members. PMI membership is about USD 139 per year and lowers both the exam and renewal costs; confirm current fees on pmi.org.

    Do you offer group or corporate discounts for PfMP training?

    Yes. We offer corporate group training with customised schedules and volume-based pricing for PMOs, business units and leadership teams across Iceland. Contact us for a tailored quote.

    What payment methods are available?

    We accept major credit and debit cards and bank transfers, and offer instalment options on selected plans. Speak with a learning advisor to choose the option that suits you.

    Exam

    What is the format of the PfMP exam?

    The PfMP exam is a closed-book, multiple-choice examination based on the PfMP Examination Content Outline and the Standard for Portfolio Management, Fourth Edition. Questions are distributed across the five portfolio management performance domains.

    How many questions are on the PfMP exam and how long is it?

    The PfMP exam has 170 questions and a four-hour allotted time. It uses single-answer and multiple-answer multiple-choice formats delivered online or at a test centre.

    What is the passing score for the PfMP exam?

    PMI does not publish a fixed pass mark. The result is determined through psychometric analysis, and performance is reported by domain as Above Target, Target, Below Target or Needs Improvement, so aim for broad mastery across all five domains.

    How do I schedule and take the PfMP exam?

    After your application is approved and you clear the panel review, schedule the exam through Pearson VUE, either via OnVUE online proctoring or at a test centre. You have a one-year eligibility period and up to three attempts within it.

    What is the PfMP panel review?

    The panel review is a multi-rater assessment unique to the PfMP. A panel of portfolio management practitioners evaluates your documented portfolio experience and competency. It is mandatory alongside the written exam, and both must be passed to earn the credential.

    Course Content

    What topics are covered in the PfMP training?

    The training covers the five PfMP performance domains: Strategic Alignment (25%), Governance (20%), Portfolio Performance (25%), Portfolio Risk Management (14%) and Communications Management (16%), plus the application, panel review and exam strategy.

    What learning resources and materials are provided?

    You receive PMI-aligned courseware, references to the PfMP Examination Content Outline and Handbook, an overview of the Standard for Portfolio Management, Fourth Edition, templates, flashcards and chapter-wise quizzes.

    Are practice tests and mock exams included?

    Yes. The programme includes practice questions, full-length mock exams, an exam simulator and topic-wise quizzes to help you identify weak areas and build exam readiness across all five domains.

    Is the courseware aligned with the latest PfMP syllabus?

    Yes. The courseware is aligned to PMI's Standard for Portfolio Management, Fourth Edition, and the current PfMP Examination Content Outline, so you study against the standard the exam is built on.

    Will I receive a certificate of completion after the training?

    Yes. After meeting the course requirements you receive a course completion certificate along with the contact hours earned through the programme, which also count as PDUs.

    Enrollment

    What are the eligibility requirements to earn the PfMP?

    PMI sets three requirement sets. Set A: secondary diploma plus 120 months of business experience and 84 months of portfolio management experience. Set B: a four-year degree plus 120 months business and 48 months portfolio experience. Set C: a GAC-accredited degree plus 120 and 36 months. All must fall within the past 15 years, and a panel review applies.

    How do I enrol in the PfMP course?

    You can enrol through the Invensis Learning website or by speaking with a learning advisor. Choose your preferred format, complete payment, and you receive access to schedules, courseware and learning resources. Talk to an advisor to find the next batch.

    What training formats are available in Iceland?

    We offer live online instructor-led training, self-paced e-learning, and customised corporate group training for teams in Iceland, so you can choose the format that fits your schedule and learning style.

    Can I reschedule or transfer my enrolment to another batch?

    Yes. Flexi options let you reschedule or transfer to another batch, and selected plans include a Flexi Pass to attend the training twice. Contact support to arrange this.

    What is the refund or cancellation policy?

    Refunds and cancellations are handled per our published policy, and selected plans include a money-back guarantee. Reach out to our team for the details that apply to your enrolment.