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What is the role and the responsibilities of the project portfolio manager?

What does the project portfolio manager do other than selecting projects? Can you tell me what is his main official role and what are his responsibilities? Is it better (and worth it) to have this role as a separate position in the organization or should it be embodied by one of the executives (who may be doing other things)?
asked 10 years ago by anonymous

1 Answer

The role of the project portfolio manager is to head the team responsible for project prioritization and selection. His responsibilities include:

- Assessing projects based on ROI and their alignment with the corporate strategy.
- Suggesting the best projects to the executives based on ROI, corporate alignment, and resource availability.
- Ensuring executed projects are still aligned with the corporate strategy.
- Deciding, along with other executives, on whether to kill a project or not during gate meetings.

I think the project portfolio manager should be a separate role, just because of the sheer amount of work involved in doing the above.
answered 10 years ago by humblepm (17,390 points)
What do you mean by "kill the project"?
asked 9 years ago by anonymous edited 9 years ago by MaplePM

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