The Portfolio Office Manager (PfM Manager) role reports to the Portfolio Director and provides the structure in which the portfolio management framework operates. The Portfolio Office Manager will have responsibilities for project initiation and prioritisation, resource management, benefits management, metrics and progress reporting (dashboard)- essentially overseeing all the programmes and projects within the portfolio.
The role has become more popular in recent times due to the increased focus on portfolio management and its benefits of ensuring an organisation is linking its strategic objectives to the programmes and projects it chooses to initiate.
The Portfolio Office Manager will ensure the portfolio management delivery is supported in areas such as management control, benefits management, financial management, risk management, stakeholder engagement, organisational governance and resource management
The Portfolio Office Manager will be supported by portfolio office analysts or co-ordinators.
Portfolio Management is defined as “Portfolio Management is a co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organisational Change and Business as Usual.“
The Portfolio Office is also covered in the P3O guidance (Portfolio, Programme and Project Offices)
Arras People provide recruitment services for all levels of roles within the Portfolio Office – from the PfM Office Manager role to the Portfolio Office Analysts and the more specialist roles within areas such as benefits management and resource management.