RIT Solutions, Inc.
JOB DESCRIPTION
We are seeking an experienced Project Portfolio Manager to oversee and optimize our portfolio of 30-40 IT-enabled business application projects, with individual project values ranging from $200K to $2M. This strategic role requires exceptional organizational skills, technical acumen, and the ability to drive complex initiatives across multiple stakeholder groups while ensuring alignment with business objectives.
Portfolio Management & Strategy
Manage and oversee a portfolio of 30-40 concurrent IT business application projects valued between $200K-$2M each Develop and maintain comprehensive portfolio roadmaps aligned with business strategy and objectives Conduct portfolio health assessments and provide executive-level reporting on project status, risks, and performance metrics Optimize resource allocation across the portfolio to maximize ROI and business value delivery Establish and maintain portfolio governance frameworks, including stage gates and decision criteria Project Oversight & Coordination
Provide strategic oversight and guidance to individual project managers and project teams Ensure consistent application of project management methodologies and best practices across all projects Facilitate cross-project dependencies identification and resolution Monitor project budgets, timelines, and deliverables to ensure portfolio-level objectives are met Drive standardization of project management tools, processes, and reporting mechanisms Stakeholder Management & Communication
Serve as primary liaison between executive leadership and project teams Present portfolio status, risks, and recommendations to C-level executives and board members Facilitate portfolio steering committee meetings and strategic planning sessions Manage relationships with key business stakeholders, IT leadership, and external vendors Ensure transparent communication of portfolio performance and strategic initiatives Risk Management & Quality Assurance
Identify, assess, and mitigate portfolio-level risks and interdependencies Establish quality gates and review processes to ensure project deliverables meet business requirements Implement change management processes for portfolio scope, budget, and timeline adjustments Develop contingency plans and resource reallocation strategies for at-risk projects Performance Management & Continuous Improvement
Define and track key performance indicators (KPIs) for portfolio success Conduct post-project reviews and capture lessons learned for portfolio optimization Drive continuous improvement initiatives to enhance portfolio delivery capabilities Benchmark portfolio performance against industry standards and best practices
QUALIFICATIONS Required Qualifications
Education & Certification Bachelor's degree in Business Administration, Information Technology, Engineering, or related field Project Management Professional (PMP) certification required Portfolio Management Professional (PfMP) certification strongly preferred Additional certifications in Agile, ITIL, or business analysis highly valued Minimum 8-10 years of project management experience with at least 5 years in portfolio management Proven track record managing complex IT business application projects with budgets exceeding $200K Experience overseeing portfolios of 20+ concurrent projects Strong background in enterprise software implementations, digital transformation, or business application development Experience working with C-level executives and board-level reporting Advanced proficiency in portfolio management tools (Microsoft Project Server, Clarity PPM, or similar) Strong understanding of software development lifecycles, including Agile and Waterfall methodologies Experience with business intelligence and reporting tools for portfolio analytics Knowledge of enterprise architecture and business application integration Familiarity with financial modeling and ROI analysis for IT investments Exceptional leadership abilities with experience managing teams of 50+ resources across multiple projects Outstanding written and verbal communication skills with ability to present to executive audiences Strong negotiation and conflict resolution capabilities Proven ability to influence without direct authority across diverse stakeholder groups Experience in change management and organizational transformation initiatives Preferred Qualifications
Master's degree in Business Administration (MBA) or related advanced degree Experience in specific industry verticals relevant to our business applications Background in vendor management and contract negotiation for large IT projects Experience with cloud migration projects and SaaS implementations Knowledge of regulatory compliance requirements for business applications Previous experience in organizations undergoing digital transformation Success Metrics
Portfolio on-time delivery rate above 85% Portfolio budget variance within +/- 5% Business value realization targets achieved for 90% of completed projects Stakeholder satisfaction scores above 4.0/5.0 Resource utilization optimization of 80% or higher across the portfolio
Portfolio Management & Strategy
Manage and oversee a portfolio of 30-40 concurrent IT business application projects valued between $200K-$2M each Develop and maintain comprehensive portfolio roadmaps aligned with business strategy and objectives Conduct portfolio health assessments and provide executive-level reporting on project status, risks, and performance metrics Optimize resource allocation across the portfolio to maximize ROI and business value delivery Establish and maintain portfolio governance frameworks, including stage gates and decision criteria Project Oversight & Coordination
Provide strategic oversight and guidance to individual project managers and project teams Ensure consistent application of project management methodologies and best practices across all projects Facilitate cross-project dependencies identification and resolution Monitor project budgets, timelines, and deliverables to ensure portfolio-level objectives are met Drive standardization of project management tools, processes, and reporting mechanisms Stakeholder Management & Communication
Serve as primary liaison between executive leadership and project teams Present portfolio status, risks, and recommendations to C-level executives and board members Facilitate portfolio steering committee meetings and strategic planning sessions Manage relationships with key business stakeholders, IT leadership, and external vendors Ensure transparent communication of portfolio performance and strategic initiatives Risk Management & Quality Assurance
Identify, assess, and mitigate portfolio-level risks and interdependencies Establish quality gates and review processes to ensure project deliverables meet business requirements Implement change management processes for portfolio scope, budget, and timeline adjustments Develop contingency plans and resource reallocation strategies for at-risk projects Performance Management & Continuous Improvement
Define and track key performance indicators (KPIs) for portfolio success Conduct post-project reviews and capture lessons learned for portfolio optimization Drive continuous improvement initiatives to enhance portfolio delivery capabilities Benchmark portfolio performance against industry standards and best practices
QUALIFICATIONS Required Qualifications
Education & Certification Bachelor's degree in Business Administration, Information Technology, Engineering, or related field Project Management Professional (PMP) certification required Portfolio Management Professional (PfMP) certification strongly preferred Additional certifications in Agile, ITIL, or business analysis highly valued Minimum 8-10 years of project management experience with at least 5 years in portfolio management Proven track record managing complex IT business application projects with budgets exceeding $200K Experience overseeing portfolios of 20+ concurrent projects Strong background in enterprise software implementations, digital transformation, or business application development Experience working with C-level executives and board-level reporting Advanced proficiency in portfolio management tools (Microsoft Project Server, Clarity PPM, or similar) Strong understanding of software development lifecycles, including Agile and Waterfall methodologies Experience with business intelligence and reporting tools for portfolio analytics Knowledge of enterprise architecture and business application integration Familiarity with financial modeling and ROI analysis for IT investments Exceptional leadership abilities with experience managing teams of 50+ resources across multiple projects Outstanding written and verbal communication skills with ability to present to executive audiences Strong negotiation and conflict resolution capabilities Proven ability to influence without direct authority across diverse stakeholder groups Experience in change management and organizational transformation initiatives Preferred Qualifications
Master's degree in Business Administration (MBA) or related advanced degree Experience in specific industry verticals relevant to our business applications Background in vendor management and contract negotiation for large IT projects Experience with cloud migration projects and SaaS implementations Knowledge of regulatory compliance requirements for business applications Previous experience in organizations undergoing digital transformation Success Metrics
Portfolio on-time delivery rate above 85% Portfolio budget variance within +/- 5% Business value realization targets achieved for 90% of completed projects Stakeholder satisfaction scores above 4.0/5.0 Resource utilization optimization of 80% or higher across the portfolio