Why is Project Management a Top Career Choice?
No matter the sector, project managers are always a necessity to planning and provisioning the work in companies across the world. For an organization to complete a project from initiation to closure phase seamlessly, they depend on qualified professionals that are talented at creating a drastic effect within the company.
As more and more companies realize the significance of project management training, the demand for experts continues to shoot up. According to a PMI study, by 2027, businesses will need 87.7 million professionals working in project management roles.
Being a top-notch certification, the steps to accreditation is not an easy task. However, it's a rewarding career that will boost your personal and professional growth.
This article will help you understand how project management can swivel your career 360-degree.
Project Manager Roles
The primary roles of project managers include planning, organizing, monitoring, controlling, leading, and managing tasks to obtain specific business objectives. In addition, the managers determine approaches to initiate projects, evaluate and understand the criteria, analyze the needed experts on board, and finally monitor the workflow progress.
Apart from these significant responsibilities of project managers, they also:
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Set work budgets
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Provide project progress reports to stakeholders
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Decides which skill sets needed for the projects
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Establishes a plan and chooses how the work must be completed
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Conduct meetings to monitor work progress
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Creates a schedule and timeline for the project and all underlying projects
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Manages the team and organizational culture
Project Management Scope Worldwide
Project management needs individuals to have a wide range of skills to be efficient in the field. What's more that organization skills are that project managers must be effective problem solvers, proficient in math skills, and have precise communication.
Let's look at some of why project management is a great demand in the modern world.
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The PMI survey shows there are 22 million new project management jobs through 2027.
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Project managers have become a necessity of an organization irrespective of its size or industry verticals.
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Project managers with any project management certifications receive a higher salary package than non-certified peers when it comes to salary. For instance, according to Glassdoor.com April 2022, the average entry-level project manager salary in the US is $58,003 annually.
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Education aids prospective project managers to acquire numerous skills required to achieve the mass of tasks needed for a job to get done.
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As you begin your journey from entry-level to high-level position, you receive an ocean of opportunities and handsome remunerations.
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Last but not least, they make a massive difference to the company's value and bottom line.
Few consider project management to be CEO training as both roles have similar prerequisites and challenges - working with investors, project teams & clients, and dealing with many financial restraints.
An important point to remember is that project managers are always learning - they must continuously refresh their knowledge of processes, new market trends, technology, customers, products, and services.
Why Pursue Project Management?
Whether or not you are working in a project management role, you can acquire professional skills from studying project management. Life and work become streamlined when you excel in the skills needed to get a kick-start idea.
No matter which industry vertical you work, understanding the fundamentals of project management will always come in handy.
Moreover, project managers with professional certifications such as PMP, PMI-ACP, PRINCE2, etc., are more likely to earn the best salary perks and have more career-advancing opportunities than non-certified employees.
Here are some of the reasons why you should study or pursue project management:
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You acquire all the specific skills, programs, and techniques needed to manage your working schedule against the deadline effectively. When planning a project, you can predict challenges to manage risks, prioritize accordingly and focus on the business objective.
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Understand how each project can be classified into exact processes of assigned activities, targets, and deadlines. Moreover, how to delegate each component to an assigned activity manager to manage the demands of stakeholders. This allows project managers to react to problems as they develop greater agility and guide their teams more effectively to deliver value.
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Project management is about project solving, critical thinking, ideation of project outcomes, leadership, and flexibility. As part of the study, you get to practice these skills in group assignments, work opportunities, and industry-led training focused on solving real-life problems.
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Learn how to develop and monitor key performance indicators (KPIs) and objectives against project deadlines.
iCert Global offers project management courses that help project management enthusiasts to obtain education and real-world knowledge for any project management career.
We conducts Project Management, Quality Management, Business Analysis, Agile, Scrum, and DevOps Certification courses across the globe.
Visit us at https://www.icertglobal.com/for more information about our professional certification training courses.
Project Manager Job Descriptions
The roles and responsibilities of project managers differ from one project to another. It may vary based on the industry and organization size. Here, we will some of the typical duties of the project manager in a company:
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Create a detailed plan to monitor and track project progress
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Ensuring projects are delivered within the set scope, budget, and timeline.
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Ensure the availability and allocation of resources
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Coordination with internal and external sources for effective project execution
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Report and escalate to high-level management
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Manage relationships between stakeholders and clients
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Conduct risk management analysis to minimize project risks
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Estimate project performance using suitable project management tools
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Lead the initiation and planning of a project
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Develop and maintain a comprehensive document of projects
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