Project Management as a Career

Wikipedia defines project management as “the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria” - making project managers a must-have for any organization. Our Project Management Course Online gives you all the skills and knowledge to be certified as a project manager. These courses are designed for people planning to launch a new career or hoping to move up the organization by working as a project manager!

Importance of Project Management – Facts and Numbers

Project managers play a critical role in everyday business operations. Making you an important component in ensuring that all projects and tasks are delivered on time and on budget. But before you take our word for it, let us first show you some key numbers on Project Management and what makes it important for any organization.

  • Eighty percent of extremely successful projects are handled by project managers
  • Thirty nine percent of failed projects can be attributed to poor planning and resources
  • Only 2.5 percent of projects are delivered within the original timeline
  • Thirty three percent of failed projects are due to poor management support
  • Unrealistic deadlines are responsible for sixty percent of failed projects
  • Fifty seven percent of failed projects are caused by poor communication
  • Only forty percent of projects meet budget, deadline, and quality requirements
  • Seventy seven percent of all organizations use some type of project management software

What is a Project Manager?

A project manager is responsible for overseeing a project to ensure that it meets all parameters (deadlines, budget, and goals). Project managers can be employed in any project, making them some of the most highly sought professionals today.

Basic roles of a project manager:

  1. Project managers are responsible for overseeing the creation of the project management process. It starts with identifying the scope and objectives. A project manager then prepares a schedule, begins assigning tasks, and setting deadlines.
  2. During the planning phase, a project manager’s role includes determining the budget and making sure that there are enough resources to push through with the project.
  3. Supervising the project. This is where the project manager oversees all the items contained in the planning phase.
  4. Project managers are responsible for communicating progress to all shareholders.

What are the Objectives of a Project Manager?

The most important responsibility of a project manager is to ensure that projects meet all objectives. However, you must first formulate clear objectives that are not only reasonable but also measurable. To achieve this, a project manager must:

  1. Define a clear role for each member in the team
  2. Optimize the use of resources and workforce to improve project performance and efficiency
  3. There must be clear guidelines on monitoring and measuring quality
  4. Effective resource management to ensure costs remains within budget

Project Management as a Skill

If you are considering project management as a career, then it will please you to know that people with project management skills are highly sought-after in many industries. Project management certifications and/or experience on resumes are one of the main thing’s employers are looking for. You may also be considering up-skilling for your current career; or looking to learn how to better perform your job!

Project Management as a Career Fast Facts:

  1. Project management is a skill that can be translated to many industries

  2. Project management training makes you more valuable to employers and looks great on resumes
  3. Project managers earn a significantly higher amount of money than those who work under them

You can get certified online. Some people may be looking to do a degree that will take many years; otherwise you can complete an online course in a short amount of time. Get started in project management here.

How Much Do Project Managers Make

According to indeed.com, a project manager in the USA on average makes $85,061 a year and $13,500 in bonuses. Salaries depend on the type of industry with project managers at ExxonMobil getting as much as $252, 974 and $133,467 for those working at Citi. 

Demand for project managers over the next 10 years will continue to grow, this according to an article by the Project Management Institute. It is also projected that there will be a shortage of available project managers during this period.

“By 2027, employers will need nearly 88 million individuals in project management-oriented roles.”

The latest PMI-commissioned talent gap analysis by Anderson Economic Group (AEG) points to outstanding opportunities in jobs and career growth for project managers within the 11 countries studied. Through 2027, the project management-oriented labor force in seven project-oriented sectors is expected to grow by 33 percent, or nearly 22 million new jobs.

How to Become a Project Manager

Many people find themselves already doing the role of a project manager without even knowing! Project managers are anyone who is leading others in anything that could be considered a project. The first and best step to becoming a project manager is to get certified online. Once you have this new set of skills under your belt, you will be ready to tackle any projects sent your way with confidence.

Many of our customers find themselves being promoted to bigger projects and managing more people! Over time, we suggest people continue through our different levels of project management to ensure your skills are meeting the requirements of your job as you progress. You can get your project management certification here.

Project Management Courses Online at Courses for Success

There is nothing more stressful than being thrown into the deep end at work and not knowing how to manage projects effectively and efficiently. Therefore, it is essential that you are continuously developing your skill set.

At Courses for Success we offer a comprehensive Project Management Course Online that is designed to meet all your training needs. There are numerous certification and degrees available for project management; this course is for any person looking to learn the essentials of project management in a short amount of time.

Our course is specifically designed to ensure you are getting all the information you need to be confident when performing your role as a project manager!

The CFS Team
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