Project Manager Career Guide: Everything You Need to Know
2023-01-18T16:21:00Z
The Workplace
Introduction
The project manager role is one of the most important and versatile roles across a wide variety of industries, including Life Sciences, Mining, Oil & Gas, and Renewable Energy. A career as a project manager can be extremely rewarding and provide excellent opportunities for promotion and career advancement.
In this in-depth Project Manager career guide, we’ll take a closer look at everything you need to know about a Project Manager career path. We’ll pay special attention to what project managers do, salary ranges, education requirements, any certifications you may need, and how you can become a Project Manager.
What does a Project Manager do?
It's obvious from the name that the role of a Project Manager is to manage projects. Still, looking deeper than that, Project Managers are among the most important team members in any organization. Project management professionals are critical in ensuring that the goals, people, resources, budgets, and timelines of their assigned projects are all aligned in order for final products to be created on time and on budget.
Project planning has a lot of variables and requires a lot of hard work that may not be immediately obvious. This includes creating project plans, setting project milestones, allocating resources, monitoring progress, motivating employees, and satisfying clients/stakeholders. There are typically 5 phases of a project that a manager will guide their team through. These 5 phases are:
- Opening: Defining a project's objectives and goals as well as identifying high-level requirements and stakeholders.
- Planning: Developing the project scope, schedule, budget, resource allocation, and assembling the necessary team.
- Execution: Taking action to put a project in motion including establishing project processes and safety measures.
- Monitoring & Control: Tracking and reporting on the project's progress and correcting issues as they arise to keep the project on track.
- Closing: Giving the final product to the client, conducting post-project evaluations, and identifying areas for future improvement.
These project phases will vary depending on the industry and project scope.
Why are Project Managers so important?
In addition to ensuring that projects are delivered on time, a good Project Manager can be a key to employee retention. This is because project Managers serve as the line of communication between stakeholders, clients, and team members, representing the interests of each group simultaneously.
For example, suppose a team of employees feels overworked and burned out. In that case, a Project Manager's role is to speak with management and other stakeholders about employee concerns and adjust the project timeline and constraints accordingly. On the other hand, stakeholders rely on Project Managers to give timely, accurate information about a project's status and keep each team member focused on execution.
Project Managers are crucial across all types of projects in every industry, and project or product management skills are valuable for any professional.
Project Manager Career Guide
What skills does a Project Manager need?
Depending on the specific project or product being managed, a role as a Project Manager can require various unique technical skills. Still, many soft skills will be universal to any Project Management job. To start a career in project planning, it is best to develop the following project management skills and find ways to highlight them on your resume:
- Leadership: Ability to build, unify, and motivate a team to complete a goal.
- Communication: Ability to accurately and effectively get information across to team members, stakeholders, and clients. This includes both written and verbal communication.
- Problem-solving: Ability to quickly identify and effectively resolve issues.
- Risk management: Ability to identify, assess, and mitigate or eliminate risks that could impact a project's success.
- Time management: Ability to effectively manage and prioritize tasks and deadlines to ensure the project is completed on time.
- Flexibility: Ability to adapt to changes and unexpected circumstances while still delivering required results.
- Negotiation: Ability to work with stakeholders, clients, and team members to reach mutually beneficial agreements in high-stakes situations.
What are the education requirements for a Project Manager?
There aren't any hard and fast rules when it comes to education requirements for an entry-level project management job, there are some trends in the data worth noting. It is most common for Project Managers to have at least a Bachelor's degree. According to reports, roughly 68% of all people working as Project Managers have a Bachelor's degree. Roughly 14% of Project Managers and 19% of Senior Project Managers have a Master's degree.
Regarding college majors, the most popular degree for Project Managers is Business (29%). However, many Project Managers have more specific, technical degrees in fields like Engineering, Computer Science, Software Development, or Construction.
What certifications does a Project Manager need?
In addition to your years of experience as a manager, Project Management certifications are one of the first things an employer will look at when reading your resume. Here are some of the most helpful certifications to help you stand out as a job applicant:
- Project Management Professional (PMP)
- Certified Scrum Master (CSM)
- Project Management Institute (PMI) Risk Management Professional
- Master Project Manager (MPM)
- Six Sigma Green Belt
- Certified Manager Certification (CM)
- Certified Associate in Project Management (CAPM)
- Certified Construction Manager (CCM)
- Program Management Professional (PgMP)
- Certified Management Accountant (CMA)
What is a Project Manager’s average salary?
According to Salary.com, as of December 2022, the average salary for an entry-level Project Management job in the United States is $70,614. The range for Project Manager salaries typically fell between $62,810 and $79,874 for these entry-level positions.
The Project Management Institute (PMI) found that the average Project Manager's salary is much higher for employees with more experience. According to the PMI report, Project Managers with 5-10 years of experience on average make $100,000 a year, with PMP-certified managers making even more at $108,000.
How to Become a Project Manager
Becoming a project manager typically involves a combination of formal education and professional work experience. As previously discussed, a Bachelor's degree in a relevant field such as Business, Engineering, Construction Management, or another industry where you would like to work is a great place to start. While some employers also prefer candidates with a Master's degree in Project Management, this is not typically a requirement. However, like in any field, a Master’s degree may improve your long-term earning potential.
Additionally, gaining hands-on experience is essential. Having real-world experience with the types of projects you are managing will give you greater credibility and influence with both team members and stakeholders. For example, if you want to work as a Project Manager for a technology company, it is best to have prior experience as a team member for a similar company.
Obtaining a Project Management Professional (PMP) certification is highly valued by many employers and can help speed up your career advancement. The certification requires a certain amount of experience and passing an exam. Learn more about PMP certification here.
Explore related vacnacies
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Location: Miami
Branche: Mining
Expertise: Controlling
Experience: 5 years
Manages and oversees project controls functional area for very large multidisciplinary high risk capital engineering and construction projects. Responsible for project planning and scheduling, cost estimating and monitoring, progress measurement, risk management and reporting. Manages project controls personnel. Responsible for establishing operating policies to mitigate risk. Provides guidance and consultation for project managers and corporate management. Experienced with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. This position is "hands on" or working manager position.
Project Controls Manager
Location: Morenci
Branche: Mining
Expertise: Controlling
Experience: 5 years
Brunel is currently searching for a Project Controls Manager for a long-term contract position with our mining client. This position will be on a 4x1 rotation in Morenci, AZ.The contract PCM will oversees project controls functional area for very large, multidisciplinary, high-risk, capital engineering and construction projects from FEED to operations. You will be responsible for project planning and scheduling, cost estimating and monitoring, progress measurement, risk management and reporting. Manage project controls personnel. Responsible for establishing operating policies to mitigate risk. Provides guidance and consultation for project managers and corporate management. Experienced with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. This role will be a 'hands-on' position with the successful applicant undertaking the day-to day cost engineering duties on the owner's team. 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Ensure trends of cost and schedule are identified, manage change management process and communicate and suggest corrective actions.* Coordinate with cross functional team in project setting, ensure project controls team members are interfacing with engineering, procurement, contracts and construction on concepts and relationships to the scope of work and ensure adherence to safety and quality standards.* Oversees project baseline process for cost, schedule and progress and ensure all project systems are implemented according to process and company standards and procedures. * Ensure full implementation of company processes and procedures as well as industry best practices with regards to project controls on the project following the company project stage gate process. * Establish risk management protocol which includes identification, documentation, mitigation and tracking of potential risks on the project. 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Local Affairs Manager
Location: Fargo
Branche: Mining
Expertise: Planning & Testing
Experience: 5 years
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Project Engineer
Location: Denver
Branche: Mining
Expertise: Planning & Testing
Experience: 3 years
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Project Reporting Lead
Location: Bagdad
Branche: Mining
Expertise: Controlling
Experience: 5 years
Manages and oversees all project controls reporting for very large multidisciplinary, high risk capital engineering and construction projects from FEED to operations. Provides guidance and consultation for project managers and corporate management. Experienced with a variety of the field's concepts, practices, and procedures. This role will be a 'hands on' position with the successful applicant undertaking the day-to-day controls reporting duties on the Owner's team. Guide and direct reporting on complex project control issues. Strong analytical skills required to review all project controls information and ensure accuracy as well as identify issues, concerns and potential mitigations. Interact with the Project Management team and corporate management team and participate in regular project meetings. Gather information and prepare reports and presentations of information as needed on the project.
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Branche: Conventional Energy
Expertise: Production & Manufacturing
Experience: 5 years
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Commissioning Manager - ISBL/OSBL
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Branche: Conventional Energy
Expertise: Planning & Testing
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Senior Planner
Location: New Orleans
Branche: Mining
Expertise: Planning & Testing
Experience: 4 years
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Expertise: Planning & Testing
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Branche: Mining
Expertise: Production & Manufacturing
Experience: 5 years
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Senior Planner
Location: Miami
Branche: Mining
Expertise: Planning & Testing
Experience: 4 years
This contract position will work on-site in Miami, Arizona. Prefer local candidate, however, will provide accommodation with a 4-week on-site/1-week WFH rotational schedule. Travel accommodation, housing, transportation, and a monthly stipend will be included. Schedule: 4 weeks working at site, 1 week off at home. If the project workload supports working from home during the "off" week, it must be with manager approval. Must be a mature and strong leader with solid Owner's experience as well as comprehensive study, engineering and construction experience. About the Role Manages and oversees scheduling function within project controls functional area for moderate to high-risk capital engineering and construction projects. Responsible for project planning and scheduling, monitoring, progress measurement, risk management and reporting. Manages planning team members reporting to the Project Controls Manager. Participates in establishing operating policies to mitigate risk. Provides guidance and consultation for project team members. Familiar with a variety of the field's concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals. Duties: Guide and direct resolution of project difficulties and complex project control issues. Strong analytical skills required to review all project controls information and ensure accuracy as well as identify issues, concerns, and potential mitigations Interact with the Project Management team and corporate team in the development of the project schedule and participate in regular project meetings. Gather information, conduct analysis, and prepare reports and presentations of information to communicate potential issues and concerns as needed on the project. Integrate multiple schedules into a master project schedule. Identify, determine, and communicate design changes, scope changes, schedule slippages and potential impacts and participate in the identification of mitigations. Ensure trends of cost and schedule are identified, well documented and ensure the change management process is followed and communicate and suggest corrective actions Coordinate with cross functional team in project setting, ensure project controls team members are interfacing with engineering, procurement, contracts and construction on concepts and relationships to the scope of work. Manage project baseline process for schedule and participate in progress measurement as well as forecasting of final schedule throughout the project. Ensure all planning is conducted in accordance with company standards and procedures and that schedule version control processes, policies, and procedures are followed. Analyze critical path and constraints to determine effect of changes to schedule and recommend mitigations and potential workarounds Participate in risk management; this includes identification, documentation, mitigation and tracking of potential risks on the project. In addition, determine potential schedule/progress impacts of potential risks as they are identified Mentor and lead other project planner/scheduling members, ensure project planning team is staffed appropriately, conduct regular staff performance reviews, and manage any staffing issues that may arise Conduct analysis to determine alternative courses of action or recovery on slippages identified in schedule
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