Learn about skills, salary, requirements, and reasons to consider a versatile career in project management.
A project manager is a professional who organizes, plans, and executes projects while working within restraints like budgets and schedules. Project managers lead entire teams, define project goals, communicate with stakeholders, and see a project through to its closure. Whether running a marketing campaign, constructing a building, developing a computer system, or launching a new product, the project manager is responsible for the success or failure of the project.
The project manager role is in demand in just about every industry. Let’s take a closer look at what project managers do, why you should consider a career in project management, and how you can get started. If you're ready to start working toward this career path now, consider enrolling in Google's Project Management Professional Certificate.
A project manager oversees projects through the project lifecycle: initiation, planning, execution, and closure. To ensure projects are completed on time and within budget, a project manager takes on a variety of tasks and responsibilities, including:
Defining the scope of the project
Staying on schedule
Planning a project’s cost and sticking to a budget
Managing project resources (including teams and workers)
Documenting the progress of the project
Communicating with stakeholders
Assessing risks
Troubleshooting
Leading quality assurance
The sheer variety of project manager responsibilities means that no two days on the job (or two projects) are quite the same. On any given day, you might be interviewing and hiring new talent, managing team meetings, reallocating resources to cover an unexpected expense, or updating stakeholders on the progress of the project.
Learn more about the lifecycle of a project in this video.
In this position, you play a key role in a company’s success. While many technical and workplace skills go into efficient project management, honing these five skills can help you build a foundation for success in the field:
Leadership: You’ll lead a team to achieve a goal.
Communication: You’re often the first line of communication for team members, vendors, stakeholders, and customers.
Organization: The ability to prioritize and multitask will keep projects running smoothly.
Critical thinking: Analyzing and evaluating a situation critically helps prevent issues before they happen.
A sense of humor: Approaching a project with a positive attitude can ease stress and energize your team.
Project management can be a challenging career, but you’ll never face those challenges alone. You’ll often work alongside team members and use software or online tools specifically designed to streamline the process. The specific project management software depends on the project or company. Still, it will often include the capability to track time and budgets, create plans and reports, manage invoices, and share calendars across multiple teams.
Read more: 11 Key Project Management Skills
Want to see a day in the life of a project manager? Watch this video from the Google Project Management Professional Certificate.
As you learn more about project planning, you may encounter terms like Agile, Scrum, or Waterfall. These refer to various methodologies—a set of guiding principles or strategies—for managing a project. Common approaches and methodologies include:
Choosing a methodology (or a combination of methodologies) is one of the first decisions you’ll make as a project manager. Which you choose will depend on the industry and type of project.
For example, if you’re working in software development, you may choose to employ Agile techniques. Scrum, an approach to Agile management, uses daily team meetings and short (for example, 30-day) “sprints” to develop projects quickly and efficiently. The Lean method, developed by Toyota in the 1970s, seeks to maximize value and minimize waste. It’s still commonly used in the manufacturing industry.
Read more: 12 Project Management Methodologies: Your Guide
Project managers are in demand across industries, including construction, architecture, fashion, design, computer science, robotics, and government. Project management can be a great career path for applying team building, problem-solving, and leadership skills, while helping organizations bring ideas and initiatives to life. And since it’s such a versatile career, you can leverage these transferable skills to enhance your resume, no matter where your career takes you.
Project manager roles include:
Construction project manager
Healthcare project manager
Project sponsor
Senior project manager
Project coordinator
Project administrator
Project analyst
Project director
Project management consultant
Project officer
Project executive
Read more: How to Become a Project Manager: 5 Steps
Your earning potential as a project manager depends on several factors, including the industry you work in, your employer, your skills and experience, and your education and credentials. Here is salary data from different sources:
Project Management Institute (PMI) reports that the median annual project manager salary across all industries in the United States is $115,000 [1].
Glassdoor reports that project managers make $1114,350, on average [2].
The US Bureau of Labor Statistics reports that project management specialists make $98,580 [3].
Read more: Project Manager Salary: Your 2024 Guide
According to the Job Growth and Talent Gap report from PMI, employers will need to fill some 2.2 million new project management-oriented roles each year through 2027 [4]. Job seekers with a combination of leadership and technical skills will find themselves in demand in the coming years.
Industries like health care, manufacturing and construction, information services and publishing, finance and insurance, and management and professional services are expected to see the biggest growth in project-oriented roles, according to the PMI report.
Project management is diverse, and you’ll find that qualifications often vary by industry and company. When looking at what you need to build a career in project management, consider two main areas: education and certification.
A bachelor's degree is typically the minimum requirement to become a project manager with 68 percent of professionals holding a bachelor's degree and 14 percent holding a master's degree [5]. Many project managers have a degree in business, computer science, or an industry-related field. While not always a strict requirement, a degrzxee can help you develop the leadership skills you’ll need on the job. Some companies may look for candidates with a graduate degree such as a Master of Business Administration (MBA) or a Master of Science in Management (MSM).
Read more: Do I Need a Project Management Degree?
Whether you’re just graduating from college or looking to pivot to a new career in project management, a professional certificate or certification could help enhance your resume to make you more appealing to hiring managers.
Project Management Professional (PMP): If you already have a few years of experience working on projects in a professional setting, you can advance your career with the PMP credential from the Project Management Institute (PMI). The UCI Project Management Professional Certificate fulfills the educational requirements for the PMP exam. By earning this certificate, you’ll prepare yourself to pass the exam and receive a university-issued credential for your resume. Learn more about how to get a PMP certification.
Certified Associate in Project Management (CAPM): If you're just getting started in project management, the CAPM is an entry-level project management certification also administered by the PMI. Designed for those without formal project management experience, it can help open a path to several entry-level project management positions. Read more about the CAPM certification.
In addition to specific careers in project management, you'll want to think about career advancement possibilities. As you hone your skills and see projects to completion, you’ll find new pathways to advancement. Here’s a look at the hierarchy of project management roles. Keep in mind these might vary from organization to organization:
Career Level | Tasks |
---|---|
Project coordinator | Assists with administrative tasks for specific projects |
Project manager I | Manages small projects under supervision of the Senior PM |
Project manager II | Manages one large project or several smaller projects |
Project manager III | Manages multiple or high-priority projects |
Senior project manager | Leads multiple project teams or programs |
Program manager | Oversees a group of related projects to deliver outcomes that benefit the organization |
Portfolio manager | Manages an organization’s collection of projects and programs |
Director of Project Management Office (PMO) | Directs strategic planning of multiple projects and reports to executive management |
Read more: Project Manager Career Path: From Entry-Level to VP
Choosing a career as a project manager could open up doors in multiple industries. If you’re ready to take the next steps toward this new career, consider enrolling in the Google Project Management Professional Certificate through Coursera. This program covers foundational skills, including project documentation, stakeholder communication, and using Agile and Scrum practices.
Learn more here:
Project Management Institute. "Earning Power: Project Management Salary Survey—Twelfth Edition (2021), https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/pmi_salary_survey_12th_edition_freeversion_final.pdf." Accessed May 22, 2024.
Glassdoor. "Project Manager Overview, https://www.glassdoor.com/Career/project-manager-career_KO0,15.htm." Accessed May 22, 2024.
BLS. "Project Management Specialists, https://www.bls.gov/ooh/business-and-financial/project-management-specialists.htm." Accessed May 22, 2024.
Project Management Institute. "Project Management Job Growth and Talent Gap 2017–2027, https://www.pmi.org/learning/careers/job-growth." Accessed May 22, 2024.
Zippia. "Project manager education requirements, https://www.zippia.com/project-manager-jobs/education/." Accessed May 22, 2024.
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