Project Management Careers

Bernard Grant, Ph.D.
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Updated on October 29, 2024
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Is project management a good career? Learn all about the project management career path to find out if this profession is right for you.

The Project Management Institute (PMI) reports that the global industry will need 25 million new project management professionals to meet talent demands by 2030. This means that each year, 2.3 million people will need to enter the project management profession for the next six years to keep up with demand.

Project managers work with various teams to ensure projects are completed within budget and on time while meeting high-quality standards. From engineering to aerospace, these professionals work in various industries to plan, organize, and oversee the completion of complex projects.

If this type of work interests you, you can earn a project management certificate, complete your education in an online project management program, or enroll in a microlearning course.

Read on to learn more about which industries use project managers, how to become a project manager, and the different types of roles you can pursue.

Is Project Management a Good Career?

Project management is an excellent career path that offers the flexibility of remote and hybrid work. Plus, every industry needs project managers: construction, government, healthcare, and many other industries hire project managers to make sure their teams run projects smoothly and complete them on time.

The field even uses artificial intelligence (AI). In 2019, Gartner reported that AI and machine learning (ML) will assume 80% of project management tasks by 2030, influencing nearly every part of project management. However, this doesn’t mean project management careers will disappear.

On the contrary, project managers have a great career outlook. The Bureau of Labor Statistics (BLS) reports that the job outlook for project management specialists, who earn a median salary of $98,580 per year, is 7%.

This rising technology and its use in the project management space means project managers will have to shift their attention from administrative work and focus on building strategic, leadership, and business skills, as well as a solid comprehension of AI and ML technologies.

Popular Project Management Careers
JobJob DescriptionTypical Entry-Level EducationJob Outlook (2023-2033)Median Salary (2023)
Project Management SpecialistCoordinates projects, manages budgets, and schedules meetingsBachelor’s7%$98,580
Construction ManagerOversees building projects from beginning to end Bachelor’s9%$104,900
LogisticianManages supply chains and oversees entire lifecycle of clients’ productsBachelor’s19%$79,400
Health Services ManagerOversees department of healthcare facilities or the entire facility and implements policies to enhance efficiencyBachelor’s29%$110,680
Operations ManagerMakes sure organizations are running efficiently, helps manage budgets and employees to cut costs and increase productivity Bachelor’s3%$116,970
Architectural and Engineering ManagerOversees engineering projects, coordinates production, and prepares budgetsBachelor’s6%$165,370
Source: BLS
States With the Highest Employment for Project Management Specialists
StateEmploymentAverage Hourly WageAverage Annual Salary
California209,160$40.09$83,390
Texas117,990$39.78$82,750
Florida86,800$33.16$68,970
Illinois52,030$38.45$79,970
Colorado50,930$42.00$87,360
Source: BLS
Top Paying States for Project Management Specialists
StateEmploymentAverage Hourly WageAverage Annual Salary
District of Columbia36,840$49.39$102,720
Maryland29,930$45.56$94,770
Virginia36,920$44.39$92,320
New York49,010$44.26$92,060
Massachusetts22,420$44.10$91,730
Source: BLS

Project Management Career Industries

Engineering

Engineers rely on project managers to ensure that they can complete their complex and expensive projects on time and within budget. Project managers are also responsible for ensuring each project meets quality standards. This means processes follow regulatory and legal requirements.

Project managers in engineering can use technical language so they’re able to communicate with engineers to plan, budget, schedule, manage teams, and supervise their work. These professionals use Agile, Waterfall, and Scrum, among other project management methodologies, to complete engineering projects.

Construction

Construction project managers work with architects, laborers, engineers, clients, and other stakeholders to ensure projects are completed on time, according to plan, and within budget.

They allocate resources such as construction materials and money, assess and manage risks to maintain safety of the building, and keep track of the costs of resources. Other responsibilities include planning and coordinating the development of new processes and creating detailed project plans.

Aerospace

Aerospace project managers are the point of contact between teams, management, and clients. They are aerospace and defense professionals who coordinate and oversee complex projects for space and commercial airlines.

One aspect of their job is to use their technical knowledge of aerospace systems and skills in project management software to improve processes and eliminate waste to reduce costs.

Aerospace project managers coordinate across departments to ensure projects are completed on time and within budget, all while meeting technical specifications. These professionals carry deep technical knowledge and management expertise.

Marketing

Marketing managers oversee marketing campaigns. While supervising both the marketers and the projects, marketing project managers oversee kickoff events. They also oversee the launch of products and marketing campaigns from beginning to end.

Software Development

Software project managers work with software engineers so that projects are completed on time and to specification. These professionals organize software projects and assign tasks to different software teams. Using their technical and leadership skills, software project managers work with engineering teams to help deliver quality software projects, often leading the production of software products.

Popular Online Project Management Programs

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What Is a Project Manager Salary?

Project managers earn healthy salaries. In entry-level roles, you can earn anywhere from $59,000 annually as a construction project manager to $74,000 each year as a pharmaceutical project manager, according to Payscale.

A career in project management also offers growth opportunities. After 5-9 years, you can earn close to $100,000 or more. More experienced project managers can earn between $83,000 as a healthcare program manager and up to $136,000 as a consulting project manager.

As you can see, project management crosses many industries. You can work as a marketing project manager, earning between $51,000 to $90,000 each year, or as an energy project manager, earning between $60,000 and $97,000 annually.

As you advance, you can move into an executive role that offers the highest pay and levels of responsibility. These include project management director roles, where you can earn $129,350 annually, and chief operating officer roles, which pay around $148,360 each year.

Project Manager Career Progression
JobPhase II of CareerPhase III of Career
Project Manager
Avg. Salary: $80,370
Operations Manager
Avg. Salary: $73,260
Director of Operations
General/Operations Manager
Avg. Salary: $72,780
Sr. Project Manager, Operations
Avg. Salary: $107,270
Director of Operations
Project Manager Director
Avg. Salary: $129,350
Director of Operations
Avg. Salary: $102,140
Vice President, Operations
Avg. Salary: $142,150
Executive Director
Avg. Salary: $89,300
Chief Operating Officer
Avg. Salary: $148,360
Source: Payscale
Average Salary Progression for Project Management Professionals
JobEntry Level (less than a year)Mid-Career (5-9 years)Experienced (20+ years)Average Salary (Sept. 2024)
Construction Project Manager$59,000$86,000$97,000$82,940
IT Project Manager$66,000$97,000$118,000$94,560
Engineering Project Manager$72,000$99,000$124,000$102,010
Marketing Project Manager$51,000$76,000$90,000$72,020
Healthcare Program Manager$59,000$90,000$83,000$81,900
Software Development Program Manager$65,000$94,000$118,000$95,100
Pharmaceutical Project Manager $74,000$102,000$128,000$99,290
Energy Project Manager$60,000$82,000$97,000$62,570
Consulting Project Manager$65,000$93,000$136,000$93,080
Source: Payscale

How to Start a Career in Project Management

To begin a career in project management, you can pursue a college degree in project management, business, computer science, or engineering. You can also search for project management bootcamps and certificate programs.

Hiring managers across industries recognize the project management professional (PMP) certificate, which you can earn online through programs such as Cornell’s Certificate Program, the Project Management Institute, and the Simplilearn learning platform. You’ll need to learn Agile methodologies and frameworks (Kanban, Scrum, Nexus, Agile, etc.) and project management fundamentals.

Ultimately, what matters most are skills and experience, so find opportunities to gain hands-on experience through internships.

Frequently Asked Questions About Project Management Careers

Project management is a deadline-driven, high-performance role, so it can be stressful. You may find yourself stressed about deliverables and interacting with internal teams and clients.

On the other hand, if you’re skilled at meeting deadlines and you enjoy conversing with key stakeholders as well as planning, scheduling, and coordinating teams, then you should find that the job is manageable despite any stress you might experience.

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