Top 5 skills needed to be excellent project portfolio manager

Anybody can be a Portfolio Project Manager. It’s just a job title. But to be excellent at your job, you need certain skills. Take a look at 5 skills that for as are the most important.

Communication with others

This is crucial. Portfolio Manager is not an Excel Calculator. You need to analyze data, assess risk, manage incomes and cost of projects. That’s all true. But first of all, you need to work with others. You need to communicate with everyone in your company. At this position there is no place for “I don’t talk to him/her – I don’t like this person”. To be honest in many cases you’re not only need to communicate with people but be man-in-the-middle. Resolve other people issues, communication problems and other stuff.

Management skills

You need to know what you’re doing from management point of view. Everything must be organized. You need procedures and templates. You need to know as much as you can about your projects and team. In portfolio everything is shifting, change is everywhere. Meaning – even with perfect order you will have many stuff to work on.

Patience

Portfolio Project Manager is a “special” position. Everyone can be mad at you:
  • higher stuff for delayed projects,
  • project managers for resources cuts,
  • team members for project managers decisions,
  • clients,
  • suppliers.
Literally everyone. To reach company goals you need to be patient, politely communicate with everyone, and try to resolve all issues not making more conflict as you go.

Fast & cold decision making

You need to prepare for making fast (there is always limited time and deadline is… yesterday…) and based on facts decisions. Decisions that you know will influence others.

You must be tough

Let’s be honest. Being an excellent project portfolio manager is not an easy job. Sometimes it’s really tough. You need to make decisions that you don’t necessary like (or even agree with on personal level). You need to live with them. If you don’t have hard skin, you have only 2 options:
  • change your approach,
  • change job.
Share on facebook
Share on google
Share on twitter
Share on linkedin

Leave a Comment

Your email address will not be published. Required fields are marked *

JOIN OUR COMMUNITY

No spam or time wasting propositions. Just high-value content that you we'll love.

Plan your career in 2021. What you need?

Plans are good every year. You need to know where you’re going with your career. But 2021 is special. Situation with Covid-19 change things on many levels. Including workflows, work environment, communication, project management. Many things just won’t be the same anymore. It’s not that it will be necessary change for the worse. But change

Read More »

Make your first Portfolio Report – new course

We’ve launched our first course on this platform. It took some time, but it’s finally there. 2020 was tough for everyone. Including our team. But we wanted to make sure that this course will be exactly as it should: practical knowledge how to build Portfolio Report. What is it about? Why you should enroll? I

Read More »

Happy New Year

2020 was tough for everyone. Both on private and on business level. May 2021 be much better with happiness, normal workflows and in good health. Happy New Year

Read More »

SEE ALL OUR COURSES

Interested in Our content. Enroll in one of our courses today.
NEW
Scroll to Top