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
Senior Project Manager
Location: New Orleans
Branche: Mining
Expertise: Quality Management
Experience: 5 years
Brunel has an exciting opportunity for a Senior Project Manager supporting our client who are a leading mining company. This contractor role will be in New Orleans, Louisiana on a rotational basis, accommodations and travel provided. Potential business trips to Indonesia.Responsible for day-to-day leadership, management and direction beginning in the early phases of project definition with project concept, detail design, execution planning, phasing, scheduling, constructability reviews, and continuing support throughout the execution and commissioning phases of the project, with particular emphasis on jobsite health and safety, environmental protection and labor relations of major mining and metallurgical process facilities projects. The scope of this position includes all aspects of project management from early planning stages through field execution and commissioning activities, with hand-off to the site operations team for beneficial operation. Bachelor's or advanced degree in engineering or related field, and minimum fifteen (15) years experience with the practice, systems, processes and terminology of project and construction management OR High School diploma or GED and a minimum twenty (20) years progressive experience in the field, engaged directly in the practice, systems, processes and terminology of project and construction management Knowledge of the principles and practices of project management, engineering, construction and contracting Proven experience in the management of mining, heavy industrial and capital projects with a value exceeding $500 million Work involves frequent travel, international assignments, and relocation to the site of work Proficient in the use of personal computers in a business environment. MS Word, Excel, Outlook, essential Experience with large copper production and related facilities Prior EPCM experience preferred with design office management Heavy industrial construction project management experience Experience with scheduling programs Understanding of Labor requirements and forecasting Experience in setting KPI's and tracking on a day to day basis Predominant experience in field roles in all disciplines Working as a team member (Client, EPCM & Contractors). Here at Brunel, we offer extraordinary earning potential followed by a very competitive benefit package. We provide the tools for success; world-class training and advanced technology to ensure you succeed within Brunel.Large global mining company.
Project Manager (Electrical & Instrumentation)
Location: New Orleans
Branche: Mining
Expertise: Quality Management
Experience: 5 years
Brunel has an exciting opportunity for a Project Manager (Electrical & Instrumentation) supporting our client who are a leading mining company. This contractor role will be in New Orleans on a rotational basis, accommodations and travel provided. Potential business trips to Indonesia. This is not a site Project Manager position; you will work in an engineering office managing the design and execution with emphasis on the electrical and instrumentation disciplines. Manage project development studies, engineering, procurement, and construction management activities on major capital projects. Reports to the Director Engineering. Review and/or develop scopes of work for potential projects within the company. Provide technical and costing guidance for strategic mine development projects. Responsible for planning and implementation of major capital projects, with particular focus on assuring that the efforts of engineering contractors and consultants meet project objectives. Responsible to monitor engineering work performance and control scope, quality, safety, cost, and schedule on projects. Analyze and recommend solutions to a wide range of problems effecting operations. Review and optimize electrical and instrumentation engineering designs to reduce project costs. Support senior project managers in projects with a value in excess of $2 billion. Perform other duties as required. Bachelor's Degree in an Engineering discipline or related field and a minimum of 8 years related experience in mineral processing plant layout, Comminution circuit design, material handling systems, leaching and hydromet plant design, mechanical design, process control, soil mechanics, tailing storage facilities, and/or water supply systems. OR High School Diploma and thirteen (13) years related experience in mineral processing plant layout, Comminution circuit design, material handling systems, leaching and hydromet plant design, mechanical design, process control, soil mechanics, tailing storage facilities, and/or water supply systems. Knowledge of the principles and practices of project management, engineering, project controls, contract administration, procurement, expediting, materials management (logistics), construction and contracting. Proven experience in the management of mining, heavy industrial and capital projects with a value exceeding $500 million. Proficient in the use of personal computers in a business environment. MS Word, Excel, Outlook, essential Here at Brunel, we offer extraordinary earning potential followed by a very competitive benefit package. We provide the tools for success; world-class training and advanced technology to ensure you succeed within Brunel.Large global mining company.
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Location: Miami, Arizona
Branche: Mining
Expertise: Controlling
Experience: 5 years
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Quarry Manager
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Branche: Mining
Expertise: Quality Management
Experience: 3 years
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Location: Phoenix
Branche: Conventional Energy
Expertise: Controlling
Experience: 3 years
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Project Controls Lead II
Location: Spring, TX
Branche: Conventional Energy
Expertise: Controlling
Experience: 3 years
Subject Matter Expert (SME) in Unconventional O&G facilities and construction cost details, and budgeting. Responsible for establishing and implementing annual budget / quarterly outlook / ad hoc scenario guidance, provide support & consultation to Execution, perform cost and budgetary analysis, among other functions. Self-starter and should have excellent communication and organizational skills, team-building know-how and project execution experience utilizing project controls and budgetary systems. Develop and continually improve budgeting, financial projections, and capital forecast. Develop financial models and analyze them to support strategic initiatives. Provide leadership and strategic thinking to projects including planning, cost estimating, contracting & tracking. Coordinate Capital Projects Quarterly Outlooks (Q-ly OL) and Annual Budgets with a clear understanding of scope and costs: Collaborate with Project Controls/Cost Engineers, Planner, Supply Chain and Execution teams to ensure assumptions and clarifications are properly documented. Prepare reports and presentations on weekly/monthly/quarterly/annual basis or as needed. Reconcile Q-ly OL and Annual Budget vs previous period or version. Propose options for budget reduction to achieve targets set by Management. Present Q-ly OL and Annual Budgets or financial reports to Project Teams and Management. Manage capital cost forecasting & AFE creation (PLEX), owning standard configurations & item rates. Analyze the trends of Key Performance Indicators (KPIs), relating to budget / outlook vs actuals. Monitor KPIs and identify the cause of any unexpected variances. Dive deeply into financial data and become a SME to provide additional insight. Identify and understand business challenges; propose and create solutions. Collaborate with Finance and Accounting to ensure accurate cost allocation, tracking of capital expenditures, and compliance with financial reporting requirements. Develop and maintain effective relationships with business partners and cross-functional teams. Contribute to optimization study, economic evaluations, and internal / external benchmarking assessments. Support Project Controls/Cost Engineers, Supply Chain and Execution teams in identification, evaluation and capture of capital efficiency opportunities and estimate risks, as well as cost savings initiatives. Contribute to Lessons Learned process throughout the projects' lifecycle. Performs other/additional duties as assigned by Supervisor.
Project Engineer III
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Branche: Conventional Energy
Expertise: Controlling
Experience: 5 years
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Supply Chain Manager
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Branche: Mining
Expertise: Transport & Logistics
Experience: 4 years
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Engineering Manager
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Branche: Mining
Expertise: Quality Management
Experience: 5 years
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Branche: Conventional Energy
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Branche: Conventional Energy
Expertise: Controlling
Experience: 5 years
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Planner/Scheduler
Location: Bagdad
Branche: Mining
Expertise: Planning & Testing
Experience: 4 years
This contract position will work on-site in Bagdad, Arizona. Prefer local candidate, however, will provide accommodations with a 4-week on-site/1-week WFH rotational schedule. Travel accommodations, housing, transportation, and a monthly stipend will be included. 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 ment Verification Program.
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