Preparing for the Project Management Professional (PMP)® test can be daunting. With a wealth of PMP prep resources available across the internet, you might feel overwhelmed, uncertain or confused about which resources are the best.

Creating an effective personal study plan with goals and deadlines and using the best test prep resources will help to ensure your PMP certification success.

In this article, we share some strategies and PMP test prep resources to help you prepare to take the test. Options vary from short practice questions to PMP prep courses. Let’s dig in.

Prepping for Your PMP Exam

With the PMP test costing up to $555 per attempt, intentional preparation is critical for saving money, time and energy. The Project Management Institute (PMI) administers the PMP exam. PMI states that successful test-takers spend 35 hours or more on test prep.

The following considerations can help you pass the PMP exam on the first try.

Obtain Minimum Contact Hours

PMP candidates must complete at least 35 contact hours of formal project management education before they can take the certification exam.

You can build these contact hours through the following avenues:

• PMI-authorized training partners
• Employer/company-sponsored programs
• Training companies or consultants (e.g., training schools)
• Distance-learning companies, including an end-of-course assessment
• University/college academic and continuing education programs

Create a Reasonable Test Timeline

Once you complete your contact hours, it’s time to set a test-taking timeline.

The American Psychological Association suggests stretching your study time over a more extended period to help you better retain information. For example, if you aim to complete 35 total hours of studying, it is better to study for three to four hours per week for nine to 11 weeks rather than 12 hours per week over three weeks.

Last-minute cram sessions can be helpful for short-term information retention, but spacing out your study sessions results in better recollection.

After you determine how long your preparation should take, schedule out study time and practice questions leading up to test day.

Take Practice Exams

Practice exams are a great way to track your progress and test how well you recall the test material. You don’t need to take the full 200-question test every time. Shorter, more focused tests can help you identify improvement areas and strengthen your knowledge of specific subjects.

Toward the end of your preparation period, make sure you are ready for test day by taking the paid, PMI-authorized practice exam. This practice test follows the same format as the PMP certification exam, giving you a true feel for the official test’s design, questions and time frame.

PMP test Prep Resources

The following resources, excluding PMI’s official Project Management Body of Knowledge Guide (PMBOK® Guide), are completely free and can be used for self-study and reference purposes.

PMI PMBOK Guide

The PMBOK Guide is the foundational resource for all things project management. It details the best practices, terminologies and guidelines that all project managers should know. The PMBOK Guide is a must-have resource for any project manager. It costs only $99 and is free to PMI members.

PMPPracticeExam.org

PMPPracticeExam.org is a free, no-frills resource that helps you prepare for the PMP exam. The site offers four practice PMP exams, each of which contains 50 multiple-choice questions covering three domains: people, process and business environment. This practice test reflects the same proportions found on the official PMP exam.

Each practice test is instantly scored and provides detailed explanations for questions answered incorrectly.

PM PrepCast

PM PrepCast offers a free, 120-question practice test. Each question connects to a specific project management knowledge area and domain. This resource includes a test-timer and a marking feature for self-review. If you are struggling to answer a practice question, you can use the hint button.

PM PrepCast also offers a project management test simulator for $149. This resource includes over 2,280 trial questions with detailed answer notes and helpful references to further your learning.

Project Management Academy

As a PMI-authorized training partner, the Project Management Academy offers a free 50-question training test to all users. The organization also features 2,000 additional practice questions for Project Management Academy students.

The Project Management Academy’s practice test is based on PMBOK Guide topics. Your test results include explanations for every answer. Keep in mind that to receive your test results, you must input your name and email address.

Quizlet

Quizlet’s user-created study set includes over 1,500 terms and definitions. Quizlet is free, does not require an account and offers multiple self-study options, including a flashcard feature.

With an account, you can use Quizlet’s term-matching feature. You can also generate a test that includes written-answer, multiple-choice, true-or-false and matching questions. If you want a more advanced learning experience, the Study Path feature uses your individual goals to create a study plan.

BrainSensei

BrainSensei offers two PMP training modules and a mini practice exam. This resource offers a seven-day free trial.

Each module uses an interactive slide deck and videos to teach project management concepts. The first module is an overview of project management, and the second focuses on initiating a project. Each unit offers self-assessment opportunities, which require users to drag and drop the appropriate vocabulary terms into their correct respective spaces.

Tests.com

This practice test resource is free and comprises 25 questions. Tests.com organizes its PMP practice questions into five sections, aligned with the five steps of the project life cycle: initiating, planning, executing, monitoring and controlling and closing. Each question is multiple-choice and includes a short description.

This resource is best for quickly testing your knowledge of the project life cycle.

Simplilearn

The Simplilearn practice test is free and based on the PMBOK Guide. It includes 200 multiple-choice questions. Test-takers have 240 minutes to complete the practice exam. They can pause and continue the test at any point and attempt the test as many times as they want.

Taking this lengthy test from beginning to end can help build your mental stamina in preparation for the real deal. Skillup by Simplilearn offers a free PMP basics course if you need more study time before taking the practice test.

Udemy

Udemy’s free PMP test prep course covers various introductory project management concepts. The five-unit course—plus one paid self-promotion unit—walks through each Topic using short video lessons that total just 1.5 hours.

The Udemy course can be helpful for those who are just starting project management careers or seeking more information about the PMP exam.

PM-Training

This free 200-question practice test uses Google Forms. Once the test is complete, your results include a final score and provide feedback that references specific sections of the sixth-edition PMBOK Guide.

Some practice questions address concepts covered in the PMBOK Guide, and some refer to Agile or adaptive methodologies. This test can deliver you a broad sense of the questions you’ll find on the PMP certification exam. Those interested in the PMI Agile Certified Practitioner test can benefit from this practice test as well.

PMP-TestPrep

Unlike the other free practice exams on this list, this resource offers three difficulty levels. The easiest level is not timed and gives instant feedback after each question. The second has a two-hour time limit and provides feedback at the end. The third and most difficult level limits your time on each question.

This test comprises 90 questions and explains the correct answers after submission. The test also shares your accuracy on each of the PMBOK Guide performance domains, helping you identify areas that might require more study time.

Project Management Professional (PMP)® certification can make you stand out against the competition in the field of project management. If you’ve wondered how to get PMP certification, know that you must first complete work experience, training courses and an exam.

But is PMP certification worth it? In this article, we’ll explore what it takes to get certified, how much you might have to pay and how PMP certification can help you level up your project management career.

What Is PMP Certification?

Professional certifications verify your career skills and allow you to learn more about important concepts and industry best practices that can help in your day-to-day operations.

PMP certification is the most widely recognized in the world of project management. It’s available through the Project Management Institute (PMI), which publishes the Project Management Book of Knowledge (PMBOK). The PMBOK is the holy grail of knowledge when it comes to project management concepts.

PMP certification demonstrates a strong understanding of the concepts set forth in the PMBOK and other reference materials. This designation can help you distinguish yourself from your peers and gain respected credentials in your field. Along the way, you’ll learn about concepts like Agile, waterfall project scheduling, leadership and business management.

How to Sign Up for PMP Certification

The first step to earning PMP certification is to begin work in the field of project management. PMP certification requires months of work experience. Precise requirements vary depending on your level of education. If you have a bachelor’s degree, you’ll need 36 months of relevant project experience to qualify for the PMP credential. Without a degree, you must complete 60 months of experience.

If you have this work experience or are working toward it, the next step is to complete at least 35 hours of formal PMP training, also called “contact hours,” or hold a current CAPM certification. You can complete contact hours through a PMP certification course, which you may take online or in person. These courses take a few weeks to a few months to complete, and they teach the concepts you should understand before taking the PMP certification exam.

Below, we’ll discuss how to get a PMP certification in more detail, including prerequisites and PMP test costs.

PMP Certification Requirements

You must accomplish a certain amount of professional experience and formal training before you qualify for PMP certification.

If you have completed high school or an associate degree but not a bachelor’s, PMP certification requirements are as follows.

• 60 months leading projects
• 35 contact hours

If you have a bachelor’s degree, you must complete the following before pursuing PMP certification.

• 36 months leading projects
• 35 contact hours

PMP Cost

Most PMP certification training programs (through which you can earn your contact hours) range in cost from around $300 to around $3,000. Courses offered through well-known colleges and universities tend to cost more, but many also offer for-credit programs that result in undergraduate or graduate certificates. Consider a program that holds GAC accreditation when searching for courses. Free PMP certification training is available through some resources, but usually only for short trial periods.

To sit for the exam, the cost is $405 for PMI members or $555 for nonmembers.

PMP Time Commitment

How long does it take to get PMP certification? The most time-consuming part of the PMP certification process is completing the required work experience. Consider documenting your work experience as soon as you consider applying for PMP certification. Once you get that experience under your belt, the rest of the certification process involves studying and scheduling your test. The time spent on this step can be different for each individual, as well as dependent on location and testing center availability.

Most PMP certification training courses take only a few weeks to a few months to complete. After that, it’s up to you how much time you spend studying for the certification exam. Retakes cost $275 for PMI members and $375 for nonmembers, so it’s best to go into the test as prepared as possible.

PMP Renewal Costs

Once you’ve passed the PMP exam, you must complete a certain level of continuing education to keep your certification active. The renewal fee, due every three years, is $60 for PMI members or $150 for nonmembers.

Is PMP Certification Worth It?

To determine whether PMP certification is worth it to you, weigh the costs of certification against the potential benefits. Since we’ve listed the costs of PMP certification above, you likely have a good idea of the investment you’d need to make to get certified. Now, it’s time to consider your potential return on that investment.

Benefits of PMP certification

• Salary increase. PMPs in the U.S. earn about 32% more than their non-certified peers in project management.
• Greater respect in the industry. The Project Management Institute is the leading organization for project management knowledge and the publisher of the PMBOK. Earning PMP certification through PMI carries lots of weight in the project management industry.
• Greater career opportunities. Holding PMP certification should make you more marketable when it comes to looking for better or different positions in project management.

Consider Your Career

Are you looking to make a career change? Move into a higher role in your current team? In either case, PMP certification could be just what you need to level up your career. As part of the certification process, you’ll learn industry best practices that you can start incorporating into your day-to-day work life immediately.

Look at Earning Potential vs. Certification Cost

According to PMI, PMP-certified professionals in the U.S. earn a median annual salary of $123,000, compared to a median of $93,000 for their non-certified colleagues. This translates to a 32% salary increase for certified PMPs.

Multiply your current salary by 1.32 to estimate your potential PMP certification salary. You can then weigh that salary increase against the cost of PMP certification training and the PMP exam. This cost vs. benefit analysis can help you understand whether PMP certification would be worth it for you.

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Moreover, the Project Portfolio Management (PPM) Market Report includes data on research and development, New product launches, product feedback from global and regional markets by key players. This structured analysis provides a graphical representation and strategic breakdown of the Project Portfolio Management (PPM) market by region.

Who are the key players in the Project Portfolio Management (PPM) market?

List of TOP KEY PLAYERS in Project Portfolio Management (PPM) Market Report are: -

● Software AG
● Oracle Corporation
● Broadcom
● Clarizen
● Microsoft Corporation
● SAP SE
● Planview, Inc.
● Hewlett Packard Enterprise Company
● ServiceNow, Inc.
● Planisware S.A.S.
● Upland Software, Inc.
● Changepoint Corporation

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Project Portfolio Management (PPM) Market Analysis and Insights

This report aims to provide a comprehensive presentation of the global market for Project Portfolio Management (PPM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Project Portfolio Management (PPM).

The Project Portfolio Management (PPM) market size, estimations, and forecasts are provided in terms of and revenue (USD millions), considering 2023 as the base year, with history and forecast data for the period from 2017 to 2029. This report segments the global Project Portfolio Management (PPM) market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

“The Research Report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2029.” Ask For trial Report

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Project Portfolio Management (PPM) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

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What segments are covered Project Portfolio Management (PPM) Market report?

Product Type Insights

Global markets are presented by Project Portfolio Management (PPM) type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Project Portfolio Management (PPM) are procured by the companies.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2017-2023) and forecast period (2023-2029).

Segmentby Type - Project Portfolio Management (PPM) Market

● Software ● Service

Application Insights

This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2023-2029).

This report also outlines the market trends of each segment and consumer behaviors impacting the Project Portfolio Management (PPM) market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Project Portfolio Management (PPM) market.

Segment by Application - Project Portfolio Management (PPM) Market

● Project Management ● Portfolio Management ● Demand Management ● Financial Management ● Resource Management ● Others

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What is the Project Portfolio Management (PPM) market Share?

Project Portfolio Management (PPM) Market Shareby Company Type Report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. This report also provides a balanced and detailed analysis of the on-going Project Portfolio Management (PPM) trends, opportunities/high growth areas, Project Portfolio Management (PPM) market drivers which would help the investors to device and align their market strategies according to the current and future market dynamics.

The Global Project Portfolio Management (PPM) Market Share report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue, and gross margins.

Which region has the largest share in Global Project Portfolio Management (PPM) Market?

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2029.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East and Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2023 and forecast revenue for 2029.

This Report lets you identify the opportunities in Project Portfolio Management (PPM) Market by means of a region:

● North America ● Europe ● Asia-Pacific ● South America ● The Middle East and Africa

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Project Portfolio Management (PPM) market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Purchase this Report:

● Strong qualitative and quantitative market analysis based on the segment breakdown within the consideration of both economic as well as non-economic factors. ● Market evaluation based on market value (Data in USD Billion) for each segment breakdown. ● Indicates of the region and segment breakdown that is expected to witness the fastest growth rate and acts as market dominant. ● Analysis of geography highlighting, the region vice consumption of the product/service and an indication of the factors that are affecting the market within each region. ● The competitive landscape encompasses the market ranking of the major market competitors, new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. ● The company profiles section provides an understanding of the company overview, company insights, product benchmarking, and SWOT analysis for the major market players. ● Current as well as the future market outlook of the industry with respect to accurate developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions). ● In-depth analysis of the market through Porter’s Five Forces Analysis. ● Provides insight into the market through Value Chain. ● The understanding of market dynamics scenario, growth opportunities of the market for the period of forecast. ● 6-month post-sales analyst support.

Key questions answered in the report:

● What is the growth potential of the Project Portfolio Management (PPM) market? ● Which product segment will take the lion’s share? ● Which regional market will emerge as a pioneer in the years to come? ● Which application segment will experience strong growth? ● What growth opportunities might arise in the Project Portfolio Management (PPM) industry in the years to come? ● What are the most significant challenges that the Project Portfolio Management (PPM) market could face in the future? ● Who are the leading companies on the Project Portfolio Management (PPM) market? ● What are the main trends that are positively impacting the growth of the market? ● What growth strategies are the players considering to stay in the Project Portfolio Management (PPM) market?

Detailed Table of Content of Global Project Portfolio Management (PPM) Market Research Report 2023

1 Project Portfolio Management (PPM) Market Overview
1.1 Product Overview and Scope of Project Portfolio Management (PPM)
1.2 Project Portfolio Management (PPM) Segment by Type
1.3 Project Portfolio Management (PPM) Segment by Application
1.4 Global Project Portfolio Management (PPM) Market Size Estimates and Forecasts

2 Project Portfolio Management (PPM) Market Competition by Manufacturers
2.1 Global Project Portfolio Management (PPM) Market Share by Manufacturers (2017-2023)
2.2 Global Project Portfolio Management (PPM) Revenue Market Share by Manufacturers (2017-2023)
2.3 Global Project Portfolio Management (PPM) Average Price by Manufacturers (2017-2023)
2.4 Manufacturers Project Portfolio Management (PPM) Manufacturing Sites, Area Served, Product Type
2.5 Project Portfolio Management (PPM) Market Competitive Situation and Trends
2.6 Manufacturers Mergers and Acquisitions, Expansion Plans

3 Project Portfolio Management (PPM) Retrospective Market Scenario by Region
3.1 Global Project Portfolio Management (PPM) Retrospective Market Scenario in Sales by Region: 2017-2023
3.2 Global Project Portfolio Management (PPM) Retrospective Market Scenario in Revenue by Region: 2017-2023
3.3 North America Project Portfolio Management (PPM) Market Facts and Figures by Country
3.4 Europe Project Portfolio Management (PPM) Market Facts and Figures by Country
3.5 Asia Pacific Project Portfolio Management (PPM) Market Facts and Figures by Region

4 Global Project Portfolio Management (PPM) Historic Market Analysis by Type
4.1 Global Project Portfolio Management (PPM) Market Share by Type (2017-2023)
4.2 Global Project Portfolio Management (PPM) Revenue Market Share by Type (2017-2023)
4.3 Global Project Portfolio Management (PPM) Price by Type (2017-2023)

5 Global Project Portfolio Management (PPM) Historic Market Analysis by Application
5.1 Global Project Portfolio Management (PPM) Market Share by Application (2017-2023)
5.2 Global Project Portfolio Management (PPM) Revenue Market Share by Application (2017-2023)
5.3 Global Project Portfolio Management (PPM) Price by Application (2017-2023)

6 Key Companies Profiled

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7 Project Portfolio Management (PPM) Manufacturing Cost Analysis
7.1 Project Portfolio Management (PPM) Key Raw Materials Analysis
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Project Portfolio Management (PPM)
7.4 Project Portfolio Management (PPM) Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Project Portfolio Management (PPM) Distributors List
8.3 Project Portfolio Management (PPM) Customers

9 Project Portfolio Management (PPM) Market Dynamics
9.1 Project Portfolio Management (PPM) Industry Trends
9.2 Project Portfolio Management (PPM) Market Drivers
9.3 Project Portfolio Management (PPM) Market Challenges
9.4 Project Portfolio Management (PPM) Market Restraints

10 Global Market Forecast
10.1 Project Portfolio Management (PPM) Market Estimates and Projections by Type
10.2 Project Portfolio Management (PPM) Market Estimates and Projections by Application
10.3 Project Portfolio Management (PPM) Market Estimates and Projections by Region

11 Research Finding and Conclusion

12 Methodology and Data Source
12.1 Methodology/Research Approach
12.2 Data Source
12.3 Author List
12.4 Disclaimer

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Project Portfolio Management (PPM) Market Size Outlook for 2029 with massive business analysis and bottom-up analysis of the Companies [, , Software AG, Oracle Corporation, Broadcom, Clarizen, Microsoft Corporation, SAP SE, Planview, Inc., Hewlett Packard Enterprise Company, ServiceNow, Inc., Planisware S.A.S., Upland Software, Inc., Changepoint Corporation, ,] with exclusive vital statistics, Future market potential, industry share, sales generation, funding analysis, and overall business environment, competitive landscape details in this niche sector, regional and country breakdowns, Large, medium-sized, and small enterprises, Value-Added Resellers (VARs), Venture capitalists by 2029. Project Portfolio Management (PPM) industry worldwide is to offer fast-growing in [Information and Communication Technology] industry with product categories. It attempts to accurately show market structure, revenue sources, growth, trends, and competitive landscape.

Project Portfolio Management (PPM) Market research report offers New Insight updates on Business Strategies including Mergers, Acquisitions, Revenue Outsourcing, R and D, Expansion Plans and Collaborations adopted by these Major Global Players, Revenue on the basis of Attractive Applications Industry (GGGG), and By Type (, , Software, Service, ,). Ask for trial Report

Updated Report Spreadsheet[Newest Updated 110 No. Pages Report].

Who is the Top Companies in the Global Market?

Some of the Important Companies in the global Project Portfolio Management (PPM) market include:

● Software AG ● Oracle Corporation ● Broadcom ● Clarizen ● Microsoft Corporation ● SAP SE ● Planview, Inc. ● Hewlett Packard Enterprise Company ● ServiceNow, Inc. ● Planisware S.A.S. ● Upland Software, Inc. ● Changepoint Corporation ●

And More…

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What are Industry Insights?

The Project Portfolio Management (PPM) market has witnessed a growth from USD million to USD million from 2017 to 2022. With a CAGR of %, this market is estimated to reach USD million in 2029.

The report focuses on the Project Portfolio Management (PPM) market size, segment size (mainly covering product type, application, and geography), competitor landscape, accurate status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Project Portfolio Management (PPM) market.

The report includes six parts, dealing with:

(I.) Basic Information/Summary
(II.) Market Entry and Investment Feasibility
(III) Opportunities and Challenges
(IV) Market Entry Strategies
(V) How compliance with the market
(VI.) Report Conclusion

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Project Portfolio Management (PPM) Market Qualified Report is spread across 110 Pages and provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

What is Project Portfolio Management (PPM) Market - Competitive and Segmentation Analysis?

This Project Portfolio Management (PPM) Market report offers a detailed analysis supported by reliable statistics on sales and revenue by players for the period 2017-2022. The report also includes a company description, major business, Project Portfolio Management (PPM) product introduction, accurate developments, and Project Portfolio Management (PPM) sales by region, type, application, and sales channel.

Report further studies the market development status and future Project Portfolio Management (PPM), the Market trend across the world. Also, it splits Project Portfolio Management (PPM) Market Segmentation by Type and by Applications to fully and deeply research and reveal market profiles and prospects.

By Product - Global Project Portfolio Management (PPM) Market and Forecast:

● Software ● Service ●

By Application - Global Project Portfolio Management (PPM) Market and Forecast:

● Project Management ● Portfolio Management ● Demand Management ● Financial Management ● Resource Management ● Others ●

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What are the major regions in Global Project Portfolio Management (PPM) Market?

Geographically, this report is segmented into several key regions, with sales, revenue, market share, and growth Rate of Project Portfolio Management (PPM) in these regions, from 2023 to 2029, covering

● North America (United States, Canada, and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey, etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam) ● South America (Brazil, Argentina, Columbia, etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What is the Impact of COVID-19 | Regional Conflict | Russia-Ukraine War in Project Portfolio Management (PPM) Market by 360 Market Updates?

Regional Conflict / Russia-Ukraine War: - The Project Portfolio Management (PPM) Industry report also presents the impact of county disputes on this market with the aim of helping readers understand how the market has been negatively influenced and how it is going to develop in the coming years.

Challenges and Opportunities: - Factors that could assist create possibilities and raise profits for marketplace players, in addition to demanding situations that could restrain or even pose a risk to the improvement of the gamers, are revealed within the report, which could shed a mild on strategic decisions and implementation.

COVID-19: - Amid the COVID-19 crisis, the Project Portfolio Management (PPM) market has definitely taken a hit. The Industry report describes the market scenario during and posts the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, have also been taken into consideration during the process of the research.

Final Report will add the analysis of the impact of COVID-19 on this industry.

TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE

CLIENT FOCUS OF THIS REPORT:

-Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Project Portfolio Management (PPM) market?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Project Portfolio Management (PPM) Industry.

- How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

-What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced frontline staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Research Methodologies

● Primary Research Methodologies: Surveys, Interviews with Individuals, Small Groups, Questionnaires, Telephonic Interviews, etc. ● Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine, and, Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Company Annual Reports, Government Agencies, Libraries, and Local Councils and a large number of Paid Databases.

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Major highlights from Table of Contents:

1 Introduction
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.4 Years Considered for the Study (2015-2029)
1.5 Currency Considered (USD)
1.6 Stakeholders

2 Market Competition by Manufacturers
2.1 Global Project Portfolio Management (PPM) Production Capacity Market Share by Manufacturers (2015-2023)
2.2 Global Project Portfolio Management (PPM) Revenue Market Share by Manufacturers (2015-2023)
2.3 Project Portfolio Management (PPM) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Project Portfolio Management (PPM) Average Price by Manufacturers (2015-2023)
2.5 Manufacturers Project Portfolio Management (PPM) Production Sites, Area Served, Product Types
2.6 Project Portfolio Management (PPM) Market Competitive Situation and Trends
2.6.1 Project Portfolio Management (PPM) Market Concentration Rate
2.6.2 Global 5 and 10 Largest Project Portfolio Management (PPM) Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion

3 Global Project Portfolio Management (PPM) Consumption by Region
3.1 Global Project Portfolio Management (PPM) Consumption by Region
3.1.1 Global Project Portfolio Management (PPM) Consumption by Region
3.1.2 Global Project Portfolio Management (PPM) Consumption Market Share by Region
3.2 North America
3.3 Europe
3.4 Asia Pacific
3.5 Latin America

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4 Segment by Type

5 Segment by Application

6 Key Companies Profiled
7.1 Company
7.1.1 Project Portfolio Management (PPM) Corporation Information
7.1.2 Project Portfolio Management (PPM) Product Portfolio
7.1. Project Portfolio Management (PPM) Production Capacity, Revenue, Price and Gross Margin (2015-2023)
7.1.3 Company’s Main Business and Markets Served
7.1.5 Company’s accurate Developments/Updates

7 Project Portfolio Management (PPM) Manufacturing Cost Analysis
7.1 Project Portfolio Management (PPM) Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Project Portfolio Management (PPM)
7.3 Project Portfolio Management (PPM) Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Project Portfolio Management (PPM) Distributors List
8.3 Project Portfolio Management (PPM) Customers

9 Market Dynamics
9.1 Project Portfolio Management (PPM) Industry Trends
9.2 Project Portfolio Management (PPM) Market Drivers
9.3 Project Portfolio Management (PPM) Market Challenges
9.3 Project Portfolio Management (PPM) Market Restraints

10 Consumption and Demand Forecast

13 Forecast by Type and by Application (2023-2029)

13 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.3 Disclaimer

Continued….

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Project Portfolio Management Market Value

Need to maximize the value of project investments & complexity of corporate projects driving growth of the worldwide project portfolio management market.

PORTLAND, PORTLAND, OR, UNITED STATES, February 15, 2023 /einpresswire.com / -- According to the report, the global project portfolio management (ppm) market generated $4.33 billion in 2019, and is expected to generate $9.16 billion by 2027, witnessing a CAGR of 9.9% from 2020 to 2027.

Requirement of optimizing the value of project investments, rise in complexity of enterprise projects, and need for collaboration and monitoring tools drive the growth of the global project portfolio management market. However, issues related to data privacy and steep learning curves for PPM software hinder the market growth. On the other hand, reduction in project failure rate by embracing agile methods and adoption of cloud-based PPM integrated applications present new opportunities in the coming years.

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The software segment to maintain its lead position during the forecast period

Based on component, the software segment accounted for nearly two-thirds of the global project portfolio management market in 2019, and is projected to maintain its lead position during the forecast period. This is due to resource management, change control, pipeline management, change control, financial management, and most importantly risk assessment and management features provided by software. However, the services segment is estimated to grow at the highest CAGR of 11.6% from 2020 to 2027, owing to the increase in demand for training of employees and maintenance services for organizations.

The BFSI segment to maintain its leadership status by 2027

Based on industry vertical, the BFSI segment contributed to the highest market share in 2019, accounting for more than one-fourth of the global project portfolio management market in 2019, and is expected to maintain its leadership status by 2027. This is due to increased multi-regional operations as well as outsourcing activities in the financial institutions. However, the healthcare segment is projected to portray the largest CAGR of 16.4% from 2020 to 2027. This is due to need to integrate various delivery systems to share information and report to agencies along with providing certain aspects of the health services to their patients.

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North America to maintain its dominance in terms of revenue by 2027

Based on region, North America held the highest market share in 2019, accounting for nearly two-fifths of the global project portfolio management market, and is estimated to maintain its dominance in terms of revenue by 2027. This is due to the presence of a large number of solution and service vendors in this region. However, Asia-Pacific is expected to witness the fastest CAGR of 12.6% from 2020 to 2027, owing to dynamic increase in the adoption of the internet by enterprises and rapid technological advancements.

Leading market players
.Oracle Corporation
.Microsoft Corporation
.lanview, Inc.
.Broadcom Inc.
.Workfront
.ServiceNow, Inc.
.Upland Software, Inc.
.Micro Focus
.Planisware
.Sciforma

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Key Findings of the Study –

.By component, the software segment led the project portfolio management market in terms of revenue in 2019.
.Region wise, North America generated the highest revenue in 2019.
.By organization size, the small and medium enterprises segment is expected to exhibit highest growth rate during the forecast period.
.Depending on industry vertical, the healthcare segment is anticipated to exhibit substantial growth during the project portfolio management market forecast period.

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SEATTLE, Feb. 2, 2023 /PRNewswire/ -- Today, Pacific Program Management (PPM) announced the appointment of Mark Wanic to President, Chief Operating Officer, executing the company's business strategy and leading day-to-day operations. He will continue to work closely with company founder Clark Lindsay, who will remain as Chief Executive Officer leading overall strategy and vision for the firm.

Since joining PPM in 2021 as Chief Customer Solutions Officer, Wanic has grown the depth and diversity of PPM's client portfolio at an enterprise level, advancing the firm's short- and long-term business goals.

"Mark has operationalized critical strategic business objectives that have advanced our growth and enhanced our reputation in the industry, " said Lindsay. "In this new role, he will continue to lead the evolution of our service lines in key markets across North America, providing me the opportunity to focus on strategic acquisitions, innovations, and new technologies that will deepen our ability to serve the ever-evolving needs of our diverse client base."

In the past two years, PPM has expanded to 16 markets and seen double-digit growth in its client portfolio. Wanic has been instrumental in integrating the firm's service offerings to meet the fast-changing needs of corporate occupier clients.

"I am thrilled to take on this new leadership role with PPM," said Wanic. "Over the past few years, we have built a remarkable team that has elevated our client service and our brand across North America. I look forward to building upon that success as we continue to attract and retain superior professional talent that is key to our client delivery and our ability to contribute to the communities where we operate."

Wanic has over 30 years of experience recruiting, organizing, and leading diverse global organizations and teams. As Americas Head of Occupier Services at Cushman & Wakefield, Wanic managed the goals and financial performance of over 1,500 professionals as he led the firm's revenue growth, expanding relationships with more than 150 corporate clients. He also has held executive leadership positions at Fischer & Company, Paradigm Tax Group, CA, Inc., and Lucent Technologies, with experience across the U.S., Asia, and Europe.

About Pacific Program Management
PPM is a commercial real estate program and project management firm headquartered in Seattle with locations across the nation. Serving mid-size and Fortune 500 companies, PPM offers three integrated service lines: Workspace Consulting, Capital Project Management, and Transition and Relocation Management. Since 2009, PPM has helped its clients reimagine the potential of people and space with a personalized, people-centric approach that recognizes space without people has no value.

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SOURCE Pacific Program Management