I’ve divided my portfolio website between skills (mostly not full project work, but rather work I did on improving that specific skill as much as possible) and full projects. Interestingly enough, I was looking through the usage stats on it the other day, and the skills pages are visited much more than the project pages.
Admittedly, the skills links are on the left so you see them first, and its a design engineering portfolio so people may be looking for different things, but I thought it was important to note, given the emphasis that’s placed on process for student portfolios.