Every major business project includes at least one point person who coordinates the work and ensures it flows smoothly. In most cases that person is a professional project manager who is trained to keep jobs on budget and on schedule. Because their work is so critical, these experts are in demand by a wide range of industries. Each year thousands of workers looking for job security and high wages train for Project Management Careers.
Most Industries Use Project Managers
Although specific duties vary from business to business, basic project management functions are the same on every project. They lead large-scale projects and take on a range of responsibilities that can range from training workers to ensuring everyone understands the scope of work. Experts in the field manage budgets and timelines. They coordinate with company employees of every rank. Some are hired to coordinate one job at a time, but experienced project managers often juggle several. Because of these unique skills, they are in demand by industries as varied as construction, healthcare, engineering, insurance, IT, manufacturing, and telecommunications.
Project Managers Enjoy Job Security
The Project Management Institute, which certifies professionals in the field, estimates that there will be 700,000 job openings for certified project managers by 2020. It is a career that is especially in demand in areas like technology and biotech. Companies in these fields are already searching for project managers to help lead projects like launching new products and developing advanced technology.
Companies Pay Project Managers Well
Workers are also going into project management so they can make a comfortable salary doing a variety of interesting jobs. With hard work, training and professional certification, professionals in the field can realistically expect to make five or even six-figure incomes. The global median pay for the position is $90,000. Certified project managers make about $10,000 more. In the U.S. an average project manager’s annual salary is about $70,000. Experienced, certified project managers who specialize in IT average over $100,000 yearly.
Thousands of workers are training to become project managers so they can enjoy job security. Dozens of industries rely on experienced, certified experts in the field and are willing to pay them very well to coordinate complex projects.