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A project sponsor is a senior manager who gives resources and support to team members to facilitate the overall success of a project. A project sponsor is a very important professional of any project team.
A project sponsor seeks to give high-level support in terms of financing, consulting, and leadership. They are normally tasked with determining a project's schedule and keeping all factors running efficiently toward a project's success.
They also keep track of costs and often report to shareholders or other senior officials related to a specific project.
Project sponsors have many specific responsibilities concerning a project, some of their most major duties include:
Making sure a project is viable and valid
Keeping a project aligned with business goals to see the predetermined success criteria realized
They are often the official spokesperson for a project
Making progress and stage-related decisions
Managing potential risks and informing team members in this area\
Clarifying individual project team roles and responsibilities
Resolving any differences of opinion amongst stakeholders
Getting financial resources allocated to a specific project
Making sure the project team begins the project correctly
Keeping track of all progress and setbacks concerning a project
Approving the final deliverables of a project

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