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STANFORD UNIVERSITY

INFORMATION TECHNOLOGY SERVICES

Portfolio Management Team

Portfolio Management is the centralized management of the portfolio of projects. This includes identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work to acheive specific strategic business objectives.

The Portfolio Management Team

The Portfolio Management Team (PMT) is focused on identifying the organization’s business strategies and assuring that all project work contributes to their realization.

The purpose of this group is to:

  • Set project prioritization criteria for Initiatives and Projects
  • Make and support go/hold/cancel decisions
  • Authorize Resource Assignments — reallocate resources as needed to keep the portfolio on track
  • Authorize Project Change Requests — scope, time, budget
  • Define and track strategic metrics — project and portfolio
  • Optimize the Project Portfolio — align, value, balance
  • Make and Communicate Decisions

PMT Members

The PMT is comprised of the IT Services leadership team.

The responsibilities breakout as follows:

  • PMT Leader — Develops and manages framework processes, creates weekly agenda, facilitates meetings
  • Portfolio Sponsor — provides project advocacy and portfolio direction
  • Functional Advocates — champion functional needs, balance resource capacity and assignments
  • Project Advocates — 1–2 Project Managers
  • Portfolio Office Manager — consolidates and analyzes project information coming in from the many project teams, prepares and distributes reports, metrics, decisions and action items.
Last modified Wednesday, 21-Oct-2009 02:36:50 PM

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