8 Reasons Project Management is a Top Career Choice
Project managers are always in demand: no matter what the industry, there will be a need for qualified professionals to plan and provision the work. Of course, that’s just the high-level view of project management, which can be a complex and rewarding career. If you’ve wondered whether becoming a project manager is right for you, this article can help.
What do project managers do?
The basic principles of project management include planning, organizing, securing, controlling, leading, and managing resources and tasks to achieve specific business goals. Project managers determine strategies to kick off the project, evaluate and understand the project requirements, analyze and gather the required professionals on board and monitor the progress of the work.
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In addition, a project manager will also address issues including but not limited to:
- Which skillsets will be required for the project
- The budget for the work
- Leading meetings to track progress of the work
- The schedule and timeframe for the project and all sub-projects
- How the work will be completed
- Reporting progress to stakeholders
- Managing the culture of the team and organization
Juggling multiple projects, schedules, and tasks can be difficult and extremely complex, but with training and experience, individuals learn to handle these—and more.
Why choose project management as a career?
Like many jobs, project managers will need a variety of skills in order to be successful. In addition to keen organizational skills, project management aspirants should also be effective problem solvers, have above average math skills, and be clear communicators. For those who enjoy varied responsibilities, project management may be a good match.
Some other reasons why to study project management include:
- The demand for project managers is high. The Project Management Institute (PMI)® expects to see 22 million new project management job openings through 2027.
- Project managers are needed in a wide variety of industries. Although quite common in the IT field, project-oriented work is also common in business services, oil and gas, finance and insurance, manufacturing, construction, and utility industries—all over the world.
- Salaries for project managers are highly competitive. According to Glassdoor, the national average entry-level project manager salary is $59,680.
- Varied tasks and skills. As we mentioned before, project managers use many skills to get the job done—and this means performing a variety of tasks to do so.
- There are plenty of opportunities for advancement. Highly experienced, specialized, certified project managers can expect to see double the entry-level salary—or more.
- You can really make a difference. Project managers make a direct impact not only on morale but the company’s bottom line. In addition to the lucrative salaries, that’s a fairly nice reward.
- Some consider project management CEO training. Both roles face similar challenges: working with and for investors, project teams, and clients—as well as dealing with many of the same pressures and financial restraints.
- Project managers are always learning. For those who embrace change and love seeing what’s new, project managers must be ready to regularly refresh their knowledge of process and structure, new markets, technology, products and services, and customers.
Why study project management
Simply put, project managers with professional certifications are likely to demand higher salaries and increased opportunities for advancement. The two most common project management certifications are PMP™ and PRINCE2™. There are benefits to both certifications; those who want to become project management experts may elect to obtain multiple certifications.
Simplilearn offers multiple project management training courses and learning paths that can help aspiring project managers get the education they need—not only to pass certification exams, but also real-world knowledge useful for any project management career.
PMP and PMI are registered marks of the Project Management Institute, Inc.
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