Whereas there are similarities between a challenge supervisor and a challenge portfolio supervisor, they’re completely different positions with completely different obligations. Let’s check out what a challenge portfolio supervisor is, what abilities and schooling the place requires and finish with a pattern job description that can assist you fill that place.
What Is a Undertaking Portfolio Supervisor?
A challenge portfolio supervisor is an expert who develops and implements portfolio administration processes. A portfolio is a bunch of tasks and the challenge portfolio supervisor has to allocate assets throughout all of the tasks within the portfolio effectively and ship on the strategic agenda of the group that has governance over the portfolio.
This requires challenge administration software program. ProjectManager is award-winning challenge portfolio administration software program that helps challenge portfolio managers plan, handle and monitor their tasks in actual time. Our software program offers them options corresponding to useful resource administration and portfolio dashboards that give challenge portfolio managers a real-time window into workload, price, time and extra metrics to assist them steer the portfolio in direction of its strategic objectives.

Undertaking Portfolio Supervisor Expertise
Undertaking portfolio managers want each hard skills and soft skills to be able to do all that their job requires. Communication abilities are paramount, whether or not it’s directing groups or reporting to stakeholders. They want analytical abilities to gather and perceive the information gathered from the portfolio. They need to be decisive, work independently and perceive challenge portfolio administration methodologies and processes.
Undertaking Portfolio Supervisor Training
Undertaking portfolio managers are anticipated to have a minimum of a four-year diploma in enterprise administration or a associated area. They need to know find out how to use pc data programs and have academic expertise in project management. A graduate diploma is usually required.
Undertaking Portfolio Supervisor Job Description
For a extra in-depth have a look at what makes a really perfect challenge portfolio supervisor, under you’ll discover a pattern challenge portfolio supervisor job description. Staff can minimize and paste it onto job boards, modifying it as wanted to higher match the kind of challenge portfolio supervisor they’re on the lookout for.
Abstract
On the lookout for a challenge portfolio supervisor who has robust communication and management abilities to handle a portfolio of tasks and ship the objectives and targets of our group. The best candidate might be a self-starter, unbiased but in addition a crew participant. They might want to allocate resources throughout a variety of tasks to be able to ship all inside their allotted schedule and price range whereas assembly high quality requirements.
Duties & Obligations
- Set up strategic portfolio plan
- Coordinate the planning and initiation of portfolios at varied ranges of completion
- Monitor progress, budgets and schedules of portfolio
- Talk with portfolio and challenge stakeholders
- Supervise the work of challenge managers
- Develops standards for analysis portfolio and proposals
- Creates guidelines and procedures for making portfolio choices
- Compiles and distributes portfolio standing experiences, price range expenditures, and many others.
Necessities & {Qualifications}
- Information of portfolio administration methodologies
- Skill to handle portfolio actions to satisfy objectives
- Graduated from an accredited four-year faculty or college with main coursework within the area
- Most popular challenge administration skilled (PMP) or portfolio administration skilled (PfMP) certification
Work Expertise
Expertise managing project portfolios for a minimum of 5 years.
Senior Undertaking Portfolio Supervisor Wage
The annual wage for a senior challenge portfolio supervisor can differ relying on the place the job is situated and the quantity of expertise the candidate has in addition to what business the corporate is in. On a nationwide common, the salary for a project portfolio manager is $139,030, which incorporates the bottom pay and advantages.
Video: What Do Undertaking Portfolio Managers Do?
What are the main obligations of a portfolio supervisor? That’s the query that Jennifer Bridges, PMP, asks and solutions on this brief challenge administration tutorial video.
Earlier than answering the query of what a portfolio supervisor does, Jennifer first outlined what a portfolio is. Generically, a portfolio is a set of a number of various things. Within the context of enterprise, portfolios generally is a group of applications or tasks, and even teams of different portfolios, with their very own applications and tasks inside.
In bigger organizations, with extremely structured vertical operations, portfolios might be managed by outlined groups and formal “portfolio managers” or PMOs inside the group. In smaller organizations, there may not be an outlined title or position of “portfolio supervisor,” however there very properly could also be senior managers who’re dealing with a number of tasks all underneath a specific strategic initiative or business vertical or product line.
So portfolio administration is an necessary approach to implement strategic initiatives, and that’s half of what a portfolio supervisor does. However that’s not all. Portfolio managers additionally:
- Handle a number of portfolios (teams of tasks or applications)
- Align applications, projects and operations to strategic targets
- Measure, rank and prioritize applications and tasks. (These are clearly roles normally crammed on the manager degree.)
Portfolio managers want software program to handle all their tasks and ensure every is getting the useful resource it wants when it wants it. ProjectManager is portfolio administration software program that has portfolio dashboards and roadmaps that present you all of your tasks in a single place. Roadmaps are like Gantt charts with each challenge on one timeline. You’ll be able to zero in on assets, durations of duties and rather more. The true-time portfolio dashboard offers you a high-level view of all of your tasks, together with time, price and extra displayed in easy-to-read graphs and charts. There’s no time-consuming configuration obligatory as with light-weight instruments. It’s plug-and-play! Get began with ProjectManager right now without spending a dime.
Professional tip: It’s necessary for portfolio managers or groups managing a number of tasks to arrange the instruments that present visibility throughout all tasks. Watch Jennifer Bridges, PMP, discover key tools for portfolio managers and find out how to choose the proper instruments on your group.
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ProjectManager is award-winning software program that empowers groups to plan, handle and monitor tasks in actual time. Our collaborative portfolio administration platform connects everybody from the workplace and permits portfolio managers to supervise all challenge particulars in a single place. Get started with ProjectManager today for free.