Portfolio Project Manager Contract: 12 Months 4 days hybrid in Kings of Prussia, PA - Locals only (Mon-Thur) 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