How to Make a Career In Project Management With High Salary

How to Make a Career In Project Management With High Salary

June 29, 2021 0 By Nishat Firdaush

Hello, all my dears! If you are the one who is searching for a job in Project Management. And want to know which job is best in Project Management? Also, if want to know why a career in Project Management is the best choice? Then you are at the right place. In this article, you will find all your answers about project management. This article is going to be a cup of tea for you to know the area of project management. Below are great details on how to make a career in project management.

What is Project Management?

The application of knowledge, tools, and techniques to a project in order to meet project requirements is referred to as project management. Project managers are the agents who make project goals their own. Also, they use their skills and expertise to inspire the team for the project.

Project managers are those who take ownership of project goals. Hence, they use their skills and expertise to instill a sense of common purpose among the project team. They easily can switch between the “big picture” & “small but critical details,” and they know when to focus on them.

What are the skills required to become a project manager?

With project management skills, you can efficiently complete a project. Improved project management skills can have a direct impact on the team’s ability to perform an assignment. Many skills can help you to improve your performance, but it will take time and effort to master.

Here, we are going to discuss the skills which are required. A project manager should master the following skillset. Some of the most common skills are given below:

i. Communication

Communication is one of the most important skills in all areas. Because, to convey messages to clients and team members, project managers should have excellent communication skills.

They require this ability in order to effectively communicate their vision. Through this, they can easily share their goals, ideas, and concerns. They must able to communicate when creating presentations as well as reports.

ii. Team Management

Team Management is one of the important skills. Project managers must have strong leadership abilities. They enable leaders to supervise and coordinate tasks, as well as encourage their teams. And through team management, they can define the project’s road map.

iii. Negotiation

When it comes to negotiation with suppliers and other stakeholders. It becomes an essential skill for a project manager. When operating with the team, you must also use negotiation skills to bring everyone on board with the team’s strategic goals.

Or this skill can help you to resolve interpersonal conflicts in the team. As a result, one should have perfect negotiation skills.

iv. Time Management

Every project has a deadline. That means there are multiple tasks that must be completed in a short period of time. Project managers must be able to create a project timeline. So it is very important to stick to it throughout the lifecycle of the project. Hence time management is a must-have skill for managers.

Problem-solving

A manager should be able to gather data. They should also be able to weigh the advantages and disadvantages, and then come up with the best solution. Strong problem-solving abilities will enable project managers to take a systematic approach to achieve a successful outcome.

Some of the most important skills which are necessary for project managers are given above. However, other skills are also equally required to get a project management job. Such skills are listed below:

  1. Leadership
  2. Organization
  3. Risk management
  4. Technical writing
  5. Technologically savvy
  6. Active listening
  7. Interpersonal skills
  8. Policy knowledge
  9. Project management methodologies
  10. Motivation

Project manager Job description

A Project Manager is in charge of planning, analyzing, and leading projects. This is a senior position within an organization. So, it requires interaction with a variety of stakeholders, as well as the management of multiple moving project parts at the same time. The job description captures the nuances and variety of this senior position.

All the pointed listed below are necessary for a job in project management. The following points ensure the reasons why career is important in project management.

In a Project Manager job description, the following duties and responsibilities are listed:

  • Organizing project planning meetings.
  • Organizing personnel and internal resources.
  • Ensure that projects are completed on time.
  • Keeping track of project progress and adjusting work as needed.
  • Creating new projects and securing growth opportunities.
  • Taking part in the tendering process, including design, submission, and review.
  • Managing a large and diverse group of people.
  • Contracts are designed and signed off on.
  • Managing client and stakeholder relationships.
  • Keeping track of all project documentation, both incoming and outgoing.
  • Creating a risk mitigation strategy.
  • Conducting project reviews and producing detailed reports for senior management.
  • Optimising and improving processes and the overall approach as needed.

Project manager course

A highly skilled project manager is at the heart of every successful IT project. Project managers keep teammates on track. They know everything from hardware and software upgrades to ongoing security patches, application development, and software rollouts.

The most widely used project management courses or certifications that will help you improve your skills are as follows:

Certified Associate in Project Management (CAPM)

It is a prerequisite for the Project Management Professional certification, which is administered by PMI. Where PMI stands for Project Management Institute. The CAPM is a stepping stone to the rigorous PMP for officials without a college degree.

Certified Project Management Practitioner (CPMP)

The CPMP course is designed to add value to professionals. It is helpful in developing leadership, and technical skills needed to complete any project. No matter how small or complex the project is.

CPMP is useful for Project managers who are willing to benchmark their skills through experience. And those who apply the techniques and tools to successfully manage complex projects efficiently should also take a CPMP certificate.

Certified Project Manager (CPM)

The CPM is for candidates who have a solid understanding of project management. Such as including the fundamentals of project planning, and execution. Both the aspects i.e. hard as well as soft project management skills are covered in this course.

Master Project Manager (MPM)

AAPM based Master Project Manager (MPM) on the “professional licensure” model used by many professions. Such as doctors, pilots, engineers, and lawyers. Professional project managers are the focus of the AAPM. But it also includes professionals with company & technical management responsibilities.

Professional in Project Management (PPM)

The GAQM’s Professional in Project Management is a mid-tier certificate. The GAQM’s project management certifications emphasize effective resources. Such as allocation, adaptability to change, clear direction, effective communication. And it also gives the assurance of high-quality deliveries with minimal risk.

Some of the most popular courses for project management are listed below-

  • Associate in Project Management
  • Project Management Professional
  • BVOP Certified Project Manager
  • Certified Scrum Master
  • CompTIA Project+
  • PRINCE2 Foundation/PRINCE2 Practitioner
  • Certified Project Director
  • Project Management in IT Security

Project manager qualification

how to make a career in project management

The qualification for the post of project manager differs from post to post. And it is also depend on the job roles. However, degrees in any of the following fields could be included in a Project Manager job description:

  • Engineering
  • IT
  • Computer Science
  • Business
  • Business Administration
  • Management

The above qualification is necessary for finding a job as a project manager but not sufficient. So, the qualification varies from post to post. Therefore, you should have an extra course related to the job you want to do. So, you can pursue any course of your interest. The details of the courses hence qualifications depending on the job role are mentioned in the above section.

To perform well, they should also have high levels of the skills along with their qualification:

  • Communication skills, both written and verbal.
  • Ability to deal with high-stress situations.
  • Multi-tasking and managing multiple project elements at the same time.
  • Leadership skills.
  • Big-picture thinking and vision.
  • Detail-oriented skills for resolving conflicts.

Jobs in project management

There are different job available for a project management in different fields. One can do a job in different fields as per their interest. The job role as well as reponsibilities are quite similar for different fields.

In the following section, different jobs in project management have been discussed. Here’s a look at some of the most common project management career paths.

i. Construction

An abundance of construction projects necessitates the hiring of competent construction project managers. It is due to the construction of new shopping malls and to the repair of the nation’s aging infrastructure.

These experts break down what needs to be done during each phase. They collaborate with clients, engineers, architects, and subcontractors to make it all happen. Such as ensuring that all safety and legal requirements are met.

ii. Engineering

Companies hire engineers to design new products. Or to find better ways of doing things in industries ranging from aerospace to manufacturing. Engineers work closely with project managers to figure out how to create something new or solve a problem. They also give attention to the aspects of engineering projects, such as resource allocation, and client communication.

iii. Software Development

Software project managers turn ideas into reality by combining their strong technical backgrounds. They use their ability to explain concepts to non-technical people. After gaining a firm understanding of what the client ultimately wants, they collaborate with technical staff to determine the steps required to make it happen.

Also, they are responsible for the test as well that must be performed to ensure quality. They stay on top of deadlines and budgets along the way.

 iv. Information Technology 

IT project managers combine their technical skills to direct the organization’s computer-related activities. They keep an eye on things like upgrades, and security. They are also responsible for new equipment installation, departmental needs, and cost-efficiency as well. Working with people to meet needs and close deals is a common part of the job.

Above are few common and demanding fields for job in project management. However, some of the job for project managers in other fields are:

  • Energy
  • App Development
  • Healthcare
  • Pharmaceutical
  • IT
  • Marketing
  • Consulting

Colleges for project management

There are many famous collges in India which provides courses related to Project Management. So, you can enroll in any of the colleges to pursue the desired course. The list of few popular colleges for management courses are given as under

  • SIMS Pune – Symbiosis Institute of Management Studies
  • Dr. MGR Educational and Research Institute, Chennai
  • Alagappa University, Karaikudi
  • Singhania University, Jhunjhunu
  • DIT University, Dehradun
  • GNDEC Ludhiana – Guru Nanak Dev Engineering College
  • HK Hi-Tech College, Jodhpur
  • CMJ University, Shillong
  • Suresh Gyan Vihar University, Jaipur
  • NITIE Mumbai – National Institute of Industrial Engineering
  • Career Point University, Kota
  • Gondwana University, Gadchiroli
  • COEP Pune – College of Engineering
  • COEP Pune – College of Engineering
  • VJTI Mumbai – Veermata Jijabai Technological Institute
  • POGL Group of Institutions, Guwahati

Salary of project manager 

A project manager’s salary in India is directly or indirectly related to their level of upskilling and updating. As a result, the ability to manage a project and multiple teams is a necessary skill. The manager’s pay will be determined by the type, scope, and number of projects he or she manages.

Hence, to give a brief idea about payroll we have given the details of expect salary. So that you can assume your payout depending on your skills, experience, and certification.

Software Developer: In India, a software developer’s average salary is around Rs 5,00,000/ annum i.e. average salary per month is Rs. 60,000.

IT Project Manager: In India, an IT project manager’s average salary is around Rs 5,00,000/ annum i.e. average salary per month is Rs. 60,000.

Project Coordinator-The average expected salary for this post is around 3-3.5 lakhs per annum i.e. average salary per month is Rs. 25,000-27,000.

Project Management- The average expected salary for this post is around 4. 8 lakhs per annum i.e. average salary per month is Rs. 40,000

Senior Project manager-The average expected salary for this post is around Rs. 12 lakhs per annum i.e. average salary per month is Rs. 90,000

Assistant Project Manager- The average expected salary for this post is around Rs. 5.5 lakhs per annum i.e. average salary per month is around Rs. 45,000.

Construction Project manager-The average expected salary for this post is around Rs. 10 lakhs per annum i.e. average salary per month is around Rs. 83,000.

Project Manager Salary in India (Experience Based)

Entry-Level Project Manager’s Salary– In India, the average salary for a project manager at the entry-level is around Rs. 490,000.

Mid-Level Project Manager’s salary- In India, the average salary for a mid-level project manager is 1,200,000.

Experienced Project Manager’s salary- In India, the average salary for an experienced project manager is around Rs. 1,650,000.

Conclusion on how to make a career in project management

A career in project management is worth it. Whether you want to make your short-term or long-term. It is an equally important aspect for both.

The job in project management is demanding. Hence you can start your career in it. Because in every company, there is a requirement for a project manager.

Project managers give core value to the growth of the company. They add value to the company and hence important for the company.

I hope, this article is enough to answer all your doubts. If still, you have any query then you can ask your doubt in the comment section below. We will be glad to answer your queries. I know you got all the answers on how to make a career in project management.

Frequently Asked Questions

Is project management a good career?

Yes, project management is a rewarding career with high pay. But it is also a demanding job that can be extremely stressful at some times.

Which project management course is right for me?

If you are a beginner, then you can start with courses like PRINCE2® or CAPM.
But if you are experienced then you pursue PMP and Six Sigma.

Is Project management in demand?

Yes, nowadays it is considered a demanding job. If you’re just getting started in project management. Then there are various opportunities in the short as well as long term. After all, businesses of all sizes and types require someone who can manage projects from start to finish. So, yes it is demanding.

Why choose project management as a career?

Management teaches you about the nature of power and influence. It also teaches leadership, as well as how people behave in organizations.
Whether you want to be self-employed, or the CEO of your own company. It provides you with the tools to succeed!

How to find a job in project management?

In order to find a job, you should search for jobs using your digital screen. You should also keep an eye on the physical advertisements. Find the relevant job role and then apply for it.

Is a project management degree worth it?

Definitely, it is worth it. But it depends on your use. If you want a job in management in the short term then it will no more worth it. But if you want to make a long-term career then it is worth it.