Senior Manager, PMO – Product Development

Posted One Month Ago
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Minneapolis, MN, USA
In-Office
134K-187K Annually
Senior level
Greentech • Other
The Role
Lead Thermo Kings PMO for product development to improve portfolio governance, planning, prioritization, resource allocation, financial stewardship, risk management, and execution performance. Build PMO capability, lead portfolio reviews and gate processes, drive process and tool improvements, coach program managers, and influence cross-functional senior stakeholders to deliver new products on schedule and within budget.
Summary Generated by Built In

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane® and Thermo King,  sustainability is not just how we do business—it is our business.  Do you dare to look at the world's challenges and see impactful possibilities?  Do you want to contribute to making a better future?  If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.

Learn about our benefits designed for you to Thrive at work and at home. 

We boldly go.

Where is the work:

Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

What's in it for you:
Join Thermo King as Senior Manager, PMO (Project Management Office)! In this role, you will lead the PMO strategy, operating model, and execution practices that enable effective, efficient, and predictable delivery of our product development portfolio. This is not an IT PMO role. We are seeking a leader with experience in engineering, new product development, manufacturing, or industrial portfolio management.You will partner across functions and with senior leaders to strengthen portfolio governance, improve execution performance, develop project and program management capability, and help bring new and improved products to market through a disciplined stage-gate product development process.

Additionally, you will play a critical role in connecting business strategy to execution by driving portfolio planning, prioritization, resource allocation, financial visibility, risk management, and process improvement across the product development organization. The ideal candidate brings strong business acumen, excellent people leadership, and a proven ability to lead through influence across all levels of the organization.

What you will do:

  • Lead the PMO function for Thermo King, including portfolio governance, program/project management standards, operating mechanisms, and execution discipline across product development.
  • Partner with business and functional leaders to translate strategy into a prioritized, executable product development portfolio that aligns demand, capacity, timing, investment, and business value.
  • Lead the annual and multi-year portfolio planning processes, including Long Range Plan (LRP), Annual Operating Plan (AOP), innovation reviews, and related portfolio decision forums.
  • Establish, monitor, and continuously improve PMO performance metrics, including delivery predictability, schedule adherence, resource utilization, cost performance, risk management effectiveness, and portfolio health.
  • Own visibility to overall product development portfolio performance, including budget, resource capacity, milestone delivery, key risks, and expected business value.
  • Lead complex prioritization and tradeoff decisions across competing initiatives to optimize business outcomes within budgetary and resource constraints.
  • Drive strong financial stewardship across the product development portfolio, including budget planning, forecasting, benefits tracking, and management of investment decisions within budgetary and resource constraints.
  • Build organizational capability in program and project management by assessing talent, coaching leaders and practitioners, and strengthening the overall PMO talent pipeline.
  • Lead, coach, and develop project and program managers to improve execution quality, business acumen, stakeholder management, and risk-based decision making.
  • Foster a proactive risk management culture by improving risk identification, mitigation planning, escalation practices, and team capability in managing uncertainty.
  • Lead cross-functional governance forums, gate reviews, and execution reviews to ensure alignment, accountability, sound decision making, and timely resolution of issues.
  • Drive adoption of improved processes, tools, and governance practices that strengthen product development effectiveness and organizational maturity, including, but not limited to, PMO, PDP, and PPM process and tool enhancements.
  • Partner with enterprise and business stakeholders to benchmark, standardize, and improve PMO methodologies, governance, tools, and reporting.
  • Lead special projects and business transformation initiatives related to product development effectiveness, operating model improvement, and execution excellence.
  • Influence and align stakeholders across functions and levels, including senior leaders, to enable decisions, remove barriers, and deliver business outcomes.

What you will bring:

  • Bachelor’s degree in Engineering, Business, Operations, or a related field and 10+ years of relevant experience. Equivalent combination of education and relevant experience will also be considered.
  • Significant experience leading complex programs, portfolios, or PMO functions in a product development, engineering, manufacturing, or similarly complex environment.
  • Demonstrated experience leading people, including coaching, performance management, and talent development.
  • Experience partnering across functions and influencing decisions with senior leaders in a matrixed organization.
  • Experience with portfolio planning, prioritization, resource management, and governance processes.
  • Experience managing financial aspects of projects or portfolios, including planning, forecasting, and performance tracking.
  • Demonstrated ability to improve execution performance through standard work, metrics, operating mechanisms, and continuous improvement.
  • Experience leading organizational change, process improvement, or business transformation initiatives.
  • Willingness and ability to travel 10–15%.

Preferred qualifications

  • Advanced degree such as an MBA or Master’s degree in engineering, business, or a related field.
  • PMP, PMI certification, or comparable program/project management credential.
  • Experience in stage-gate product development and portfolio management.
  • Experience with Agile, Scrum, or hybrid delivery models.
  • Experience with PPM tools and portfolio reporting systems.
  • Experience in a global or highly matrixed organization.

Leadership capabilities

  • Enterprise mindset with the ability to connect strategy, execution, talent, and investment decisions.
  • Strong people leadership with a track record of building high-performing, inclusive teams.
  • Skilled at assessing, developing, and elevating project and program management talent.
  • Strong executive presence and communication skills, with the ability to synthesize complex information into clear recommendations.
  • Strong financial and business acumen.
  • Excellent judgment in prioritization, tradeoff decisions, and resource allocation.
  • Ability to lead through influence across functions, levels, and geographies.
  • Strong risk management, problem-solving, and decision-making capabilities.
  • Commitment to operational excellence, accountability, and continuous improvement.
  • Ability to create clarity, alignment, and momentum in complex environments.

Annual Base Salary Range or Hourly Base Pay Range:

$133,633.33 - $186,830.00

Compensation Type:

Salary

Incentive Eligible:

Yes

Sales Commission Eligible:

No

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience,  travel requirements, and union designation.   Our compensation range is generally based on the national average for the country.  Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:


  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!
  • Family building benefits include fertility coverage and adoption/surrogacy assistance.
  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
  • Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave.
  • Educational and training opportunities through company programs along with tuition assistance and student debt support.

Disclaimer:  Benefit offerings may vary depending on Collective Bargaining Agreements and local/state regulations.


Safety Sensitive Role:

Yes

The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

Skills Required

  • Bachelor's degree in Engineering, Business, Operations, or related field (or equivalent experience) and 10+ years of relevant experience
  • Significant experience leading complex programs, portfolios, or PMO functions in product development, engineering, or manufacturing environments
  • Demonstrated experience leading people, including coaching, performance management, and talent development
  • Experience partnering across functions and influencing senior leaders in a matrixed organization
  • Experience with portfolio planning, prioritization, resource management, and governance processes
  • Experience managing financial aspects of projects or portfolios, including planning, forecasting, and performance tracking
  • Proven ability to improve execution performance through standard work, metrics, operating mechanisms, and continuous improvement
  • Experience leading organizational change, process improvement, or business transformation initiatives
  • Willingness and ability to travel 10-15%
  • Advanced degree (MBA or Master's in engineering, business, or related field)
  • PMP, PMI certification, or comparable program/project management credential
  • Experience in stage-gate product development and portfolio management
  • Experience with Agile, Scrum, or hybrid delivery models
  • Experience with PPM tools and portfolio reporting systems
  • Experience in a global or highly matrixed organization

Trane Technologies Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Trane Technologies and has not been reviewed or approved by Trane Technologies.

  • Retirement Support Retirement programs are highlighted by a strong 401(k) with company matching and additional employer contributions, plus student-loan–linked matching in the U.S. Some roles also note legacy pension coverage and automatic enrollment features that reinforce long-term savings.
  • Healthcare Strength Healthcare coverage is described as comprehensive, spanning medical, dental, vision, telehealth, mental-health/EAP resources, and wellness offerings. Materials also point to day-one eligibility in many roles and added programs like fertility, family-building, and menopause support.
  • Parental & Family Support Family support includes paid parental leave, adoption/surrogacy assistance, and inclusive eligibility extending to domestic partners and dependents. Policies for caregiving and expanded family planning benefits are emphasized in recent company materials.

Trane Technologies Insights

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The Company
HQ: Davidson, NC
10,001 Employees

What We Do

At Trane Technologies, we challenge possible by thinking bigger, acting bolder and taking actions that not just improve our own performance but influence global change. Our world contends with unprecedented challenges. Our future has never been more uncertain. Urbanization is dramatically reshaping our communities, our resources are more constrained that ever before, and climate change is accelerating at an astonishing rate. We believe it is time to challenge industry norms and be at our most creative every day. To get there, we’ve committed to ambitious sustainability goals and we will change the way the world heats and cools buildings and moves refrigerated food, medicines, and other perishables. Global change starts when we each have the courage to act. And when we act, we boldy go. Won’t you join us?

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