Strategic Portfolio Management

Portfolio Prioritization & Investment Governance

Portfolio Performance

Track portfolio-level performance indicators, including:

Portfolio risk exposure.

Continuous Improvement & Portfolio Management Excellence

Department: Global Engineering & Products

Reports to: SVP, Global Engineering & Products

Position Level: Senior Individual Contributor / Strategic Expert

Scope: Global

Location: Montreal

Position Summary The Principal, Portfolio Management is responsible for providing strategic oversight, governance, and optimization of the organization's global product development and engineering project portfolio.

Reporting directly to the SVP, Global Engineering & Products, this position plays a critical role in ensuring that engineering investments, product development initiatives, and innovation programs are aligned with corporate strategy, market opportunities, financial objectives, and available organizational resources.

The role provides executive leadership with actionable insights, portfolio performance analysis, and data-driven recommendations to support investment decisions, project prioritization, resource allocation, and long-term product portfolio competitiveness.

Working closely with Product Management, Engineering, Finance, Supply Chain and Operations, the Principal, Portfolio Management expert establishes portfolio management processes in coordination & under the guidance of the SVP, Global Engineering and Products and ensures transparency, accountability, and effective execution across the global engineering and product development organization.

Key Responsibilities

KEY RESPONSIBILITIES

Strategic Portfolio Management





Develop and maintain a consolidated global portfolio of engineering, product development and product evolution initiatives.

Ensure alignment between portfolio investments, corporate strategic priorities, product roadmaps, and business objectives.

Establish and maintain a structured framework for evaluating, prioritizing, and balancing portfolio initiatives.

Identify portfolio gaps, overlaps, redundancies, and opportunities for consolidation or optimization.

Support long-term portfolio planning, including multiyear product development and technology investment roadmaps.

Evaluate the strategic balance between recent product development, product enhancements, sustaining engineering, and technology innovation.

Portfolio Prioritization & Investment Governance

Establish standardized methodologies for evaluating and prioritizing engineering and product development investments.

Develop business-case evaluation frameworks incorporating expected revenue, profitability, development cost, strategic value, technical risk, and return on investment.

Facilitate portfolio prioritization and investment review meetings with senior leadership.

Support investment decisions regarding project initiation, continuation, acceleration, postponement, or termination.





Establish portfolio-level governance mechanisms to ensure disciplined allocation of engineering resources and R&D; budgets.

Monitor the overall portfolio against approved financial and strategic objectives.

Portfolio Performance

Develop and maintain executive-level dashboards providing visibility into portfolio performance.

Monitor approved budgets, actual expenditures, forecasts, and financial variances across development programs.

Consolidate portfolio-level information on project schedules, milestones, technical risks, and delivery performance.

Identify underperforming initiatives and recommend corrective actions or portfolio rebalancing.

Track portfolio-level performance indicators, including:

R&D; budget adherence.

Development schedule performance.

Resource utilization and capacity.

Portfolio risk exposure.

New product introduction performance.

Return on engineering investments.

Revenue contribution from recently introduced products.

Provide periodic portfolio performance reports and recommendations to the SVP, Global Engineering & Products.

Engineering Capacity Planning

Work with Engineering Directors and functional leaders to consolidate resource requirements across the global project portfolio.

Develop portfolio-level resource capacity and demand models.

Identify resource constraints, competing priorities, and critical skill gaps.

Support strategic resource allocation decisions to maximize overall portfolio value.

Evaluate the impact of portfolio changes on engineering capacity, budgets, and delivery commitments.

Provide scenario analyses to support resource optimizati

📌 Principal, Portfolio Management (Winnipeg)
🏢 Galvion
📍 Winnipeg