When you think of the many different jobs that you can possibly handle, have you ever tried to consider a job in project management and planning? This kind of job brings so many advantages to the business industries that you’re handling. Here, you have access to the proper processes and guidelines that are needed in order for all of the projects of the business ends up being successful.
The day-to-day management of the project is handled by the project manager. They’re always in demand as project management plays an important role in the company’s success. The fundamentals of managing a project from beginning to end require a full fetched team of individuals with different talents and skills and are responsible for planning and executing the project. While some companies don’t have one yet as a part of their team, many are now switching to the better option of working with a project manager. So, the hiring possibilities are increasing as well.
Project management offers stability and growth. It provides many benefits and is a necessary position for many organizations. The roles and responsibilities of project managers can vary from industry to industry, but there are many good reasons as to why a career in this path is a good choice. Here’s why:
1. The Growing Demand
Project managers are found in every line of industry and business and project management profession is one of the rapidly growing professions in the world. With technology improving and rising in almost every kind of business industry, all the more that a project manager is needed. That way, there’s a professional overseeing every bit of the project, with the end goal of ensuring that the timeline is followed through.
In the coming years, the project-oriented sectors are expected to grow by 33%. According to the Project Management Institute (PMI), employers might need nearly 88 million individuals in project-management oriented roles by the year 2027.
2. Higher Salary
Since the demand for project managers is high, there is a competitive price for project managers in the market. The salary of the project manager is comparatively high compared to other professions but that varies from one company to another.
The national average salary for project managers is around $89,286 at entry-level and can range up to $104,359 as their title grows. PMP certified professionals earn 20% more than non-certified project managers.
3. Varied Industries
Project management is not confined to a particular industry. It is necessary for any industry where time, budget, and scope are important. Every organization needs a skilled project manager who can effectively work on projects and can help the organization grow.
Industries with the highest levels of project-oriented work include finance, construction, manufacturing, utility industries, information services, and insurance, etc.
4. Greater Learning Opportunities
Individuals who embrace change and love learning new things, project managers tend to refresh their knowledge regularly as the process and structure along with advancements in technology, market, products and services, and customers change.
With the learning opportunities that one can gain from working as a project manager, this can also open you up to better and higher positions on the career ladder. For instance, for many, their position in project management and planning works as their stepping stone to becoming a CTO (Chief Technology Officer).
5. Various Skill Sets
Project managers rely on various skill sets in order to be successful. One must not only need to know frameworks and methodologies of project management, but also many soft skills such as communication and diplomacy. There’s always more to learn in this field and many more skills to strengthen.
6. Make An Impact
In addition to the salary benefits of a career in project management is the chance of making a difference in an organization. This can be done by coordinating the work of the team members and keeping the team motivated. Also, by cultivating collaboration, keeping resources and schedules on track, meeting budgets, and resolving problems.
7. Future Enhancements In Your Career
The roles and responsibilities of the project managers do not vary in any industry. Working as a project manager role gives enough skills and expertise that prepare an individual for many other positions in the later stages of their career. Depending on the titles and the industries, the salary prospects change accordingly.
8. Paying Attention To Details
Giving keen attention to the details is a significant requirement for project management jobs. The details have a great impact on the resulting project. This allows project managers to set up new ideas and strategies for the team. Hence, the project management career makes one understand the importance of all the tiny details which, in turn, proves very helpful in further career enhancement.
Project managers work extensively on a project in hand but, they have the flexibility of time and place to work in their own way. Virtual interfaces like video-conferencing provide the flexibility to join the team from remote places. Therefore, this job profile owns a good work-life balance.
10. The Flexibility Of Work
A project manager has an opportunity of self-improvement through workshops and seminars. They can learn some new skills from their team members while working with them on a project. Hence, self-improvement is a major factor that makes project management career a good choice.
A Brief Background On Project Management Certification
Project management is one of the best careers to choose for further growth. It has a number of opportunities and it also helps in the advancement of one's career. The project management trends keep changing year by year as the technology and the techniques used by the organizations change.
Project managers must have communication skills as well as technical knowledge. It is a great platform for expanding knowledge and gaining new insights into various other aspects of the industry. Then, they should also learn how to switch roles from time-to-time, working effectively both as a leader and even as a team player.
For you to start in this kind of career, it pays to undertake a course first that can give you a certification in project management. The most common project management certification is the PMP (Project Management Professional) certification. This certification covers all the fundamental aspects of project management and enhances the chances of being recognized globally. There are around 833,025 active PMP certified individuals worldwide. With the growing project-oriented sectors, nearly 22 million new job opportunities are expected to open up in the coming years.
After having this kind of experience and certification attached to your name, you’re also effectively making yourself attractive to many potential new employers.
With all these advantages that you can gain from choosing to pursue a career in project management, all the more that you should be excited to trod on this path. Yes, it’s going to be a challenging job; there’s going to be a heavy responsibility that’ll be placed on your hands. But, if this is something that you love to do, then you’ll feel nothing short of excitement as you go about with your workdays.