I know many project managers that handles good projects such as Jamalezaz, bounty detective, and many others most of them are either hero members or legend, I believe they have enough experience to handle it mere considering their ranks, not to say the rank is the only criteria to be a good project manager.i always doubt those project starters with newbie ranks.is it that they decide to use a new forum page,or were the restarting after being hacked or disqualified or how come a new be is handling a project? This are few questions that comes to my mind about newbie managers.
I think ranking is not the main thing for someone to become a bounty manager, because there are several projects that take their own bounty, so he creates a new ID on bitcointalk and has a newbie ranking, but will that affect his performance in the bounty? In my opinion it has no effect, because a good bounty manager is not determined by ranking, but from the performance and criteria of good performance for a bounty manager in my opinion is :
1. always responds to bounty hunters quickly
2. calculate stake in a timely manner according to the promised time
3. does not change the bounty rules suddenly
so in my opinion a good bounty manager is the performance of bounty manager and not the rank.