Project Management

FAQs

• What is project management?

  As per the Project Management Institute (PMI), project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. The processes of project management are divided into five groups, namely:

  • Initiating
  • Planning
  • Executing
  • Monitoring and controlling
  • Closing

• What are the best foundational programs in project management for beginners?

  The best programs in project management for beginners include:

  • PRINCE2® Foundation
  • CAPM - Certified Associate of Project Management
  • CCBA® - Certification of Capability in Business Analysis
  • Introduction to Project Management

• What are the best intermediate programs in project management?

  The best intermediate programs in project management include:

  • PMP® Certification
  • PRINCE2 Foundation and Practitioner
  • CBAP® - Certified Business Analysis Professional
  • PMI-RMP® Certification
  • PMI-PgMP® Certification
  • MSP® Foundation and Practitioner

• What are the best advanced-level programs in project management?

  The best advanced-level programs in project management include:

  • Business Analyst Master’s Program
  • PMP® Plus Master’s Program
  • PMP® Renewal Pack
  • Digital Project Manager

• What is the job market outlook for project management professionals?

  PMI states that the demand for project managers is growing faster than the demand for workers in other occupations. By 2027, companies will need an estimated 22 million people in project management-focused roles.

• What are the top job titles in the field of project management?

  Becoming a project management professional can significantly boost your career prospects and you can aim for ambitious job roles such as:

  • Project Director
  • Senior Project Manager
  • Program Manager
  • Team Lead
  • Project Management Officer (PMO)

• What are the qualities required for project managers?

  The career path of a project manager requires the following attributes:

  • Strong communication skills
  • Advanced organizational skills
  • Ability to handle multiple tasks

  
  Achieving industry certifications gives you a greater edge if you aspire to become a project manager. If you are new to this field, the Certified Associate in Project Management (CAPM) is a solid entry-level certification. Next, you can go for Project Management Professional (PMP) certification, which is the most important globally-acknowledged credential for project managers.

• What is the average salary of a project management professional?

  A project manager earns an average annual salary of $112,410 in the United States. Professionals with 10 to 20 years of experience in this field have the potential to earn up to $153,000 annually.

• Which industries are most suitable for project management professionals?

  Project managers are required in almost all sectors but mainly in the following:

  • Information Technology (IT)
  • Manufacturing
  • Finance
  • Healthcare

• Which companies are the top employers of project management professionals?

  The top employers of project management professionals include:

  • HSBC
  • Schneider Electric
  • Honeywell
  • American Express
  • Bosch