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$72.5K

$124K

How much do project portfolio management jobs pay per year?

As of Jul 14, 2026, the average yearly pay for project portfolio management in the United States is $72,482.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,000.00 and $84,000.00 per year, depending on experience, location, and employer.

Do portfolio managers get paid well?

Portfolio managers typically earn high salaries due to their responsibility for investment decisions and managing large assets. Compensation often includes base salary, bonuses, and performance incentives, reflecting their experience, certifications, and the size of the managed portfolio.

What are the key skills and qualifications needed to thrive in Project Portfolio Management, and why are they important?

To thrive in Project Portfolio Management, you need expertise in project management methodologies, strategic planning, and financial analysis, often supported by a relevant degree and certifications like PMP or PgMP. Familiarity with portfolio management tools such as Microsoft Project, Jira, or Oracle Primavera is typically required. Strong leadership, stakeholder management, and decision-making skills are crucial for aligning projects with organizational goals and ensuring effective communication. These skills enable the successful oversight, prioritization, and execution of multiple projects to maximize business value and resource efficiency.

How much do project portfolio managers make?

Project portfolio managers typically earn a median annual salary of around $115,000, with salaries ranging from approximately $80,000 to over $160,000 depending on experience, industry, and location. Certifications like PMP or PgMP and proficiency with portfolio management tools can influence compensation.

How does a Project Portfolio Management (PPM) professional collaborate with stakeholders to prioritize projects and allocate resources effectively?

A PPM professional regularly works with stakeholders across different departments to gather input on project priorities, business goals, and resource constraints. This collaboration often involves facilitating portfolio review meetings, analyzing project proposals, and using structured frameworks to evaluate alignment with strategic objectives. By maintaining clear communication channels and leveraging project management tools, PPM professionals help ensure that resources are allocated to the most valuable initiatives while balancing risk and capacity. Effective stakeholder engagement is key to managing expectations and achieving organizational goals.

What is Project Portfolio Management?

Project Portfolio Management (PPM) is the centralized management of an organization’s projects, programs, and initiatives to achieve strategic objectives. It involves evaluating, prioritizing, and selecting projects based on their alignment with business goals and available resources. PPM helps organizations maximize the value of their project investments by ensuring that the right projects are executed at the right time. This process also includes monitoring progress, balancing resources, and adapting to changing business needs.

What is the difference between Project Portfolio Management vs Project Manager?

AspectProject Portfolio ManagementProject Manager
Primary FocusOverseeing multiple projects to align with strategic goalsManaging individual projects from initiation to completion
CertificationsPMP, PgMP, PMI-SPPMP, CAPM
Work EnvironmentStrategic planning, portfolio analysis, executive collaborationProject planning, team coordination, task execution
Industry UsageOrganizations managing multiple projects or programsProject teams across various industries

While Project Portfolio Management focuses on selecting and managing a collection of projects to meet strategic objectives, Project Managers handle the execution and delivery of individual projects. Both roles require PMI certifications and are essential in organizations that handle multiple projects, but their scope and responsibilities differ significantly.

Is portfolio management a good career?

Project Portfolio Management involves overseeing a collection of projects to align with organizational goals, requiring skills in strategic planning, prioritization, and stakeholder communication. It is a growing field with opportunities for advancement and certification, such as PMP or PgMP, and often involves working in dynamic environments. The role can be rewarding for those interested in leadership and strategic decision-making.

What does a project portfolio manager do?

A project portfolio manager oversees a collection of projects within an organization to ensure they align with strategic goals and optimize resource use. They prioritize projects, monitor progress, and make decisions to balance risk and reward, often using tools like portfolio management software. Strong leadership, strategic thinking, and certification such as PMP are common requirements for the role.
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Project Portfolio Management jobs near you
Infographic showing various Project Portfolio Management job openings in the United States as of July 2026, with employment types broken down into 90% Full Time, and 10% Contract. Highlights an 90% In-person, and 10% Remote job distribution, with an average salary of $72,482 per year, or $34.8 per hour.
Senior Consultant, Project Portfolio Management

Senior Consultant, Project Portfolio Management

Integrated Project Management

Saint Louis, MO

Other

Medical, PTO

Posted 22 days ago

Job description

For more than three decades, premier organizations have trusted IPM to lead the successful execution of their strategic portfolios and critically important initiatives. Headquartered in Chicago with offices in Boston, Parsippany, Minneapolis, St. Louis, Los Angeles, and San Francisco, IPM has led more than 5,000 projects for over 500 clients. Our clients range from Fortune 100 companies to start-ups.
We are a certified "Great Place to Work" company and have been named to the Great Place to Work list of "Best Workplaces in Consulting and Professional Services".
Our Consultants are our full-time employees and the competitive advantage that sets us apart from the rest.

IPM partners with clients across multiple industry sectors, including pharmaceuticals, medical technology, biotechnology, consumer products, industrial products, and healthcare, which often includes mid-sized to large organizations.
As part of IPM's national Project Portfolio Management (PPM) practice, we lead: the assessment and enhancement of existing PMO's, the establishment of new PMOs, the development of portfolio frameworks, and establishment of resource planning models. PMOs could include variations such as EPMO, TMO, SRO, VMO, etc. These frameworks often include processes, governance, tools, capabilities, and leadership.
JOB DESCRIPTION
As a Senior Consultant, you will partner with client leadership and delivery teams to assess the current state of project and portfolio management, develop actionable recommendations and roadmaps, and support the implementation of business-focused solutions. This role is centered on enterprise-level PMO leadership, with a strong emphasis on new product development, strategic initiatives, and business execution across the organization.
Please note: This role does not manage IT systems implementations or infrastructure projects, nor does it involve application development, cybersecurity, or technology operations.
At each new engagement you will leverage the continual exposure and experiences from working within a variety of clients.
Your primary goals and focus will be to:
  • Assess current PMO and portfolio frameworks
  • Identify the root cause of issues and inefficiencies
  • Develop future-state recommendations and a roadmap for improvement
  • Design and develop solutions, including processes, governance, and tools
  • Leverage current industry best-practice methodologies and tools
  • Manage and mentor teams of project managers
  • Integrate AI into PMO and portfolio functions
  • Support business development discussions and documentation
DESIRED SKILLS AND EXPERIENCE
The successful candidate for this position should have the following skills and experience:
  • A bachelor's degree in a science or engineering discipline, or relatable field to our industries. Advanced degrees in business is a plus.
  • At least 12 years of related experience growing into roles of greater responsibility, with 7 years leading projects or programs
  • At least 5 years of experience leading PMOs and/or managing project portfolios
  • Project Management Professional (PMP) Certification
  • Advanced portfolio or program management certifications a plus
  • Excellent organizational skills
  • High level of attention to details
  • Exceptional interpersonal and leadership skills to effectively communicate, including presentation skills
  • Strong consulting skills with ability to assess and advise on PMOs and developing portfolio management
  • Knowledge of maturity frameworks and ability to work at different maturity levels, depending on client engagements
  • Experience managing and/or mentoring project managers
  • Ability to leverage best-practice tools, such as Smartsheet, Planisware, Planview, etc. to enhance PMO and portfolio reporting.
  • Demonstrated ability to adapt to new situations
WHY IPM
  • Engaging culture:IPM has a caring, nurturing culture with a transparent communication approach and culture-building and team-building events, both regional and company-wide.
  • Inclusion:Diversity, Equity and Inclusion have always been a part of our culture; we are a company that treats everyone with respect and dignity. Everyone has a voice and is heard.
  • Professional development:We ensure you reach your professional aspirations by providing you with training and development opportunities. We'll create the bandwidth you need to further your career at IPM. You are IPM's future - we only promote from within.
  • Diverse projects:We lead a wide variety of projects and provide significant exposure to many clients and project types.
  • Collaborative work environment: We have a well-structured system to provide support from managers, internal teams, and our Centers of Excellence (CoE). Our CoEs serve as a resource for specific service and industry knowledge, tools and best practices.
  • Comprehensive compensation and benefits program: including 100% employer-paid health for employees and 80% paid health for dependents; 401(k)matching, performance bonus, relocation assistance, tuition reimbursement, paid vacation, holiday, personal and sick time, among many others; salary range is $130,000 - $165,000 dependent on experience.
  • Philanthropy:We are devoted to the communities we serve and actively promote employee involvement in community improvement projects. We've created "Project Mercy" to channel our philanthropic efforts every quarter.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Disclaimer: Where a specific pay range is noted, it is a good faith estimate at the time of this posting. The actual salary offered will be based on experience, skills, qualifications, and market / business considerations.
IPM is an equal opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants for employment.
IPM's hybrid work environment requires a minimum of three days in the office. The specific days are flexible and may vary depending on project schedules and meetings. On-site locations may also vary. In addition, we follow our clients' guidance on on-site requirements, so the minimum number of days in the office may increase depending on the client and project assignment.

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