Evaluate and approve project portfolio components (projects, programmes, and sub-portfolios) based on their strategic contribution, and their ranking and rating versus alternative components. Evaluate the potential impact on cash flow of prioritizing the portfolio.
Gain senior management support and approval for the removal of obstacles to the progress of project portfolio components. Be responsive to project and programme managers who have escalated issues to the portfolio level. Attend project meetings to show support and be particularly responsive to agile projects.
Listen to and respond to stakeholders' concerns and feedback. Generate specific status updates for stakeholder groups and communicate these appropriately so that informed decision-making can be facilitated at all levels.