Final answer:
Portfolio managers are responsible for ensuring that programs and projects are selected, prioritized, and implemented in alignment with an organization's strategic plan. This ensures organizational goals are met efficiently, even in the face of staffing and funding challenges. Proper evaluation planning also contributes to the success and adaptability of programs.
Step-by-step explanation:
Portfolio managers ensure that programs and projects are selected, prioritized, and implemented according to an organization's strategic plan for realizing desired organizational value. Effective portfolio management is crucial for aligning projects with the strategic goals of the organization, which often encompasses clear timelines, proper training, and streamlined implementation processes. These aspects are fundamental for program development, especially when dealing with staff allocation challenges and adjusting to changes in funding situations, such as those caused by shifts in administration.
It is essential for portfolio managers to understand the what and why of each project to ensure efficacy and relevance, which will also facilitate a smoother evaluation process. By planning evaluations that are simple and executable, they contribute to the overall usability of the evaluation framework and make necessary changes less disruptive.