7 Popular Jobs To Get After Project Portfolio Management Training
Did you know that the job growth for Portfolio Managers is expected to be 12% over the next decade? This makes it an attractive career option and has resulted in a significant increase in demand for project portfolio management training worldwide. Project portfolio management is a domain that is heavily related to projects and programs, but it entails much more than that. Its ultimate goal is to maximize business value, and its prime operations are focused at the strategic level.
The term project portfolio management defines how project management teams organize and manage groups of projects to effectively achieve the organization's strategic goals. Portfolio management helps companies ensure that all their projects are prioritized with a standardized approach and aligned with the company's objectives. The rising growth of this department has put project portfolio management training under the limelight, and professionals aspiring to excel in a career in this field are going all out to achieve this certification.
Today, the high-level benefit of project portfolio management is leading to the creation of a reliable system that companies can use to consistently manage their projects and programs. This has fueled the need for project portfolio management training in companies and the desire among professionals to obtain project portfolio management certification. Thanks to the meteoric growth of this domain, a few job positions have gained fame and are providing excellent career advancement opportunities for skilled professionals. This article will walk you through the popular job roles that one can secure after attending project portfolio management training courses.
7 Most Popular Jobs to Bag After Attending Project Portfolio Management Training
1. Project Portfolio Manager
Project Portfolio Managers are directly responsible for the project portfolio management process and indirectly responsible for portfolio performance. They make recommendations to the portfolio governance team on ways to improve portfolio performance, which projects to select, which to prioritize, and how to deploy portfolio optimization. Although portfolio managers provide support for the effective operations of project portfolios, they do not have direct control over the portfolio. They play a significant role in providing the right information at the right time to help senior executives make better strategic decisions.
2. Project Portfolio Analyst
Project Portfolio Analysts are often considered junior project portfolio managers. They are the smart brains behind new process development and take charge of implementing and being accountable for the new processes they develop. These professionals work closely with project managers to collect timely data on projects and ensure that the data is accurately updated in the PPM system. Project Portfolio Analysts play a significant role in the daily operations of portfolio management. They analyze project and portfolio data to develop and maintain existing reports and dashboards.
3. Project Portfolio Administrator
Project Portfolio Administrator is an entry-level role in portfolio management. These professionals assist organizations with the logistical support of the portfolio process. They work with teams to collect information on project status and input data into PPM solutions. Their responsibilities include providing tactical day-to-day support, such as arranging meetings, taking notes, and updating project status.
4. Portfolio Director
A Portfolio Director is senior personnel in an organization's project portfolio management department. They serve as the primary liaison to all other senior executives in the department and oversee the entire portfolio management team. They support the delivery team while delegating project delivery responsibilities. They also take ultimate responsibility for achieving and maintaining customer satisfaction during project engagement. They provide high levels of visibility from both strategic and tactical perspectives.
5. PMO Director
A PMO Director oversees overall project management, including project governance, project team leadership, project monitoring, prioritization, communication, and project completion. These professionals are responsible for developing and maintaining high standards to establish the best project management standards, methodologies, and tools in the industry. They have a proven track record of delivering successful projects and significant project leadership experience.
6. Portfolio Strategist
A Portfolio Strategist is responsible for aligning the organization's project portfolio with its overall business objectives. They work closely with the senior management team to ensure that the company's resources are allocated effectively and that projects are prioritized based on their strategic value. A Portfolio Strategist should have excellent analytical and strategic thinking skills, as well as experience in project management and business strategy.
7. Portfolio Risk Manager
A Portfolio Risk Manager is responsible for identifying and mitigating risks associated with the organization's project portfolio. They work closely with project managers to develop risk management plans and strategies, and to ensure that projects are executed in a manner that minimizes risk. A Portfolio Risk Manager should have strong risk management skills, as well as experience in project management and business strategy. They should also have excellent communication and interpersonal skills to work collaboratively with stakeholders across the organization.
Project portfolio management, like project management, is undoubtedly an excellent career choice. Thanks to the meteoric growth of this industry, many aspiring professionals have been attracted to this sector in recent years, which has increased the prominence of PMI project portfolio management certification and PPM training courses in the market. The above-mentioned job positions are just a few of the many roles that one can pursue after completing project portfolio management training in Dubai. If you are among the millions of aspirants looking to embark on this coveted career path, then this article has talked about the host of opportunities that await you after completing project portfolio management training.
Message from Author
Now you have the list of popular career options in project portfolio management and the way to pave your pathway to them.Get your hands on the best PPM training course in Dubai and become a certified project portfolio management professional.
Learners Point Academy is a KHDA and ISO 9001:2015 accredited training institute in Dubai.
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