Job Description: Project Management Office (PMO) Director of Portfolio Management
Job Title: PMO Director of Portfolio Management
Department: Business and Management > Project Management
Reporting to: Vice President of Project Management Office
Job Summary:
The PMO Director of Portfolio Management is responsible for overseeing the strategic planning, execution, and delivery of all projects within the organization's portfolio. This role requires a strong understanding of project management methodologies, as well as the ability to effectively manage resources, budgets, and timelines. The PMO Director of Portfolio Management will collaborate with key stakeholders to ensure project success and alignment with organizational goals.
Key Responsibilities:
1. Develop and implement a comprehensive portfolio management strategy to effectively prioritize and align projects with the organization's strategic objectives.
2. Lead a team of project managers and other professionals to deliver projects within defined scope, schedule, and budget constraints.
3. Establish and maintain project management standards, processes, and tools to ensure consistency and efficiency across the portfolio.
4. Monitor project performance and provide regular updates to stakeholders, including executive leadership, on project status, risks, and issues.
5. Collaborate with cross-functional teams to define project objectives, deliverables, and success criteria, ensuring alignment with business requirements and strategic goals.
6. Conduct project reviews and lessons learned sessions to identify areas for improvement and implement corrective actions as necessary.
7. Develop and manage project budgets, resource allocation, and procurement strategies to optimize project outcomes and control costs.
8. Coach and mentor project managers and team members, fostering a culture of continuous learning and professional growth within the PMO.
9. Stay abreast of industry best practices, emerging trends, and advancements in project management methodologies, and apply relevant knowledge to enhance project delivery.
10. Serve as a trusted advisor to senior leadership, providing strategic recommendations and insights to support decision-making related to project portfolio management.
Required Skills and Qualifications:
1. Bachelor's degree in Business Administration, Management, or a related field. Master's degree preferred.
2. Minimum of 10 years of experience in project management, with at least 5 years in a leadership role within a PMO.
3. Strong knowledge of project management methodologies (e.g., PMBOK, Agile, Scrum) and their practical application in diverse project environments.
4. Proven track record of successfully managing large-scale, complex projects and portfolios, delivering on time, within budget, and meeting quality standards.
5. Excellent leadership and people management skills, with the ability to motivate and inspire cross-functional teams to achieve project objectives.
6. Exceptional communication and presentation skills, with the ability to effectively convey complex information to diverse audiences, including senior executives.
7. Strong analytical and problem-solving abilities, with the capacity to assess project risks, develop mitigation strategies, and make informed decisions.
8. Solid financial acumen, including budgeting, forecasting, and cost control.
9. Proficient in project management software and tools (e.g., Microsoft Project, JIRA, Trello) and other relevant business applications.
10. PMP (Project Management Professional) certification or equivalent is highly desirable.
Note: The above job description is intended to describe the general nature and level of work to be performed by the PMO Director of Portfolio Management. It is not an exhaustive list of all responsibilities, duties, and skills required.