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7 Reasons Why Project Management is a Good Career Move

Updated on 23 June, 2017

9.56K+ views
4 min read

Project management is a dynamic and challenging field that requires a combination of technical, interpersonal, and leadership skills. It involves planning, organizing, and managing resources to achieve specific goals within a defined timeline and budget. A career in project management can be very rewarding, with opportunities to work in various industries and sectors such as construction, engineering, IT, healthcare, and finance. If you are good with team management, if you know how to assess time spent on a certain task and know to find effective decisions for any problem that appear, you should definitely give a try to project management. Let us explore.

Who is a Project Manager?

A project manager is not a team leader, but he is a leader indeed who takes the responsibility of all fails, shares the success of the team and expert in conflict management.. A good project manager is the one who would never tell ‘that was my work’, but the one who would tell ‘that’s what my team has done’. Project management is no longer a prerogative of large enterprises. Today, even the smallest business needs a person who will be responsible for a proper workflow and who will control all the processes to get the best result.

A project manager is not a person who is responsible for business success, but who makes everything possible so that different teams could cooperate performing tasks in the required order and accomplishing processes in such a way they follow the same strategy of product development. To know more about the roles and responsibilities of a project manager, check out Project Management professional preparation course.

The job of project manager may sound a little bit complicated and sometimes even too twisted for a single person, but there is nothing difficult if you are dedicated to your work and understand the importance of inter-team communication. Of course, you need to have enough technical knowledge and get strong communicative skills. But if your boss has decided that you suit this position better than anyone else, perhaps, you should forget all your fears. If you still hesitate that project management is a good option for your career, we will show you why you should enjoy this move and not be afraid of it. Project management course has been proven to be the most effective method of delivering products within cost, schedule, and resource constraints.

What Do Project Managers Do?

You often wonder and question yourself, is project management a good career? In the broadest sense, project managers are in charge of organizing, planning, and overseeing the execution of a project while making sure it produces the anticipated outcomes on time, within budget, and within scope. The specific responsibilities of a project manager will vary depending on the projects they manage, their company, and the industry. However, generally speaking, project management as a career is accountable for various aspects of the "project life cycle". There are four stages to the project cycle, which are as follows:

  • Initiative: Project managers initiate projects by outlining their goals, business cases, benefits, and high-level scopes (i.e., requirements for what the project will deliver). It entails identifying the main stakeholders or the people or organizations the project will affect, including the clients and the staff. All the information goes into establishing a project charter, a technical term for a thorough proposal.
  • Planning: After the project sponsor (often your boss or a senior management member) accepts the project charter, you normally collaborate with a group of subject matter experts (provided by your firm) to define the project's scope and develop a more comprehensive action plan. You determine important deliverables, dates, significant risks or difficulties you could encounter, and you establish a budget, among other things.
  • Execution and Monitoring: As the project manager, your responsibility is to ensure that your team members are motivated and finish the tasks outlined in the project plan. Be careful not to misinterpret this position for one in which you manage people. Project management necessitates certain people management abilities, but only when it comes to assembling a productive team and assisting it in finishing the task. Persons that work on your team may come from different departments and report to different people.
  • Closing: Your responsibility as the project manager is to carry out the project as scheduled and produce the stated outcomes. This crucial final stage includes reviewing the business case, thanking the team, giving individual comments, and gathering lessons learned.

Career Outlook of Project Management

Project management requires a wide range of skills to be successful, much like many other professions. Project managers should have excellent organizational abilities and the ability to solve problems quickly, have above-average arithmetic skills, and communicate. Project management as a career may be an excellent fit for people who love having a variety of duties. Here are a few additional arguments in favor of studying project management:

  • Project managers are in high demand. 22 million additional project management job vacancies are anticipated by the Project Management Institute (PMI®) through 2027.
  • There is a need for project managers in several industries. Every industry in the world, including business services, manufacturing, construction, utilities, banking and insurance, and IT, where it is most widespread, engages in project-oriented work.
  • Pay for project managers is competitive. According to Glassdoor, the national average starting salary for project managers is $59,680.
  • Prospective project managers may acquire the many skills required to carry out the various tasks required to finish an assignment through studying.
  • There are several opportunities for advancement. Project managers with advanced training, specialized qualifications and experience may make up to twice as much as entry-level employees.
  • Project managers may alter circumstances. They directly impact both revenue and staff morale.

Top Cities where KnowledgeHut Conduct Project Management Certification Training Course Online

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Reasons to Pursue a Career in Project Management

It does not matter whether you’ve been promoted to become a project manager or you’ve decided to create a new resume for changing career, you need to understand what makes project management one of the best choices for you. Here are 7 reasons that you need to consider, and they will definitely make you believe that you’ve made the right choice.

Higher salary

The first thing that comes to mind when we are talking about changing career into project management is the bigger salary. You will definitely notice the difference especially if you took a junior position. The employers are ready to pay more to professionals who are ready to be responsible for results and you get enough knowledge to make the teams work in the best way.

You expand your knowledge

Although the position of a project manager presupposes that you need to know enough to be able to coordinate the teams, you still need to learn a lot to achieve the best results. It does not necessarily mean that you will read tons of books and visit seminars though this is inevitable if you want to become a professional, many project management courses are available it helps you to improve your knowledge. It is more likely that your colleagues will teach you some new skills and deepen your knowledge of some industries. Perhaps, you will become better in web design or development while working on some project.

You master your execution skill

Some people think that a project manager is the one who generates thousands of ideas that may be applied in business. In fact, idea generation is the smallest part of the job that a project manager does. The most important are the ability to bring these ideas to life and execute them. If you’re not capable of that, you will hardly become a successful manager. You need to estimate risks and decide what will work better for the project, and what will lead to disaster.

Developing communicative skills

To be a successful project manager, you need to know how to deliver your thoughts and ideas to people. Thus, you need to permanently work on your communicative skill. Even though you may have already achieved some success with that, it does not necessarily mean that it will be easy for you to talk equally effective to the developers and the designers. Each team requires own approach, and you need to be able to find it.

You’ll become a kind of navigator

Have you ever thought that each project needs someone who will direct the teams and why exactly their part of the job is important for the general result? As a project manager, you will become this type of a team navigator that will indicate a proper way to each single person and will tell if he or she is moving in the wrong direction. As well as with the communicative skill, you need to work permanently on you navigate skill and never forget that your vision of the result may differ from the vision of your colleagues.

You become more attentive to details

Attention to the details is one of the main requirements of all jobs. However, this is different in project management. Here, the details have a huge effect on the general result. In this way, you learn not only to notice those details but also to predict how they may influence the project. Using this knowledge, you will be able to build new strategies and develop new ideas for team cooperation. Besides, you will also notice how the smallest mistakes in the designers’ team may lead to the disastrous consequences for the team of developers. You will understand the importance of such small things and will definitely use this in your further career and in life.

You can see this as a preparation of being a CEO

The management of projects has been compared to CEO training. Having to deal with investors, project teams and clients - as well as coping with many of the same financial constraints and pressures - are common challenges for both roles.

Why is Project Management Important?

As more and more of our daily work is becoming project-based, it follows that more and more people, including those who aren't typical project managers, are finding themselves in the business of managing projects. Given how important project management is becoming, a strong project manager with good skills is necessary.

When the unexpected occurs, they are the ones who can guide events back on course. The individuals who can coordinate efforts across several teams, departments, and stakeholders to make sure your project is successful.

No matter what your passions are—building, architecture, fashion, design, computer science, robotics, etc.—you'll undoubtedly require project management skills in your career. No matter where your work takes you, project management as a career can give you the transferable talents to strengthen your CV because it's such a varied profession.

Why Study Project Management?

A career as a Certified Project Manager gives successful taking on and managing projects in typical team settings. Learning to manage workload, deadlines and organization are examples of excellent project management. The project manager career path provides numerous benefits to studying project management, whether you want to become a project officer or you simply want to expand your knowledge and abilities in project management.

Project managers are needed in every industry, including the public sector and small- to medium-sized businesses, to fill positions that call for these talents. Anywhere, including the ability to work as a consultant and be your boss, might be your destination with a career in project management. With the project manager career path under your belt, you might move on to the Project Management course and get your certification.

With your expertise in project management, your company may ask you to participate in or complete the different tasks that businesses must do. With the ability to discover and lead initiatives, which project management equips you with, you may enhance your workplace and outputs. A crucial component of project management is being able to recognize problems at work and be able to change them.

Learn project management online and advance your career. Achieve success from anywhere with our convenient project management classes online.

Top Certifications for Project Managers

Without question, companies want to hire credentialed experts with the knowledge, competence, and skill set necessary to manage challenging project management situations. It may be accomplished by pursuing a project manager career path and earning a project management certification. Let's discuss the many project management qualifications that might advance your career.

Project Management Professional (PMP)

PMP certification is widely considered to be the most significant qualification for project managers. It is recognized as the industry benchmark for project management. Also, you may operate as a PMP in almost any business using any technique and wherever the certification is quite universal.

Certified Associate in Project Management (CAPM)

The CAPM is the best option if you're seeking a certification that will set you apart on the job market and increase your reputation as a project manager. It demonstrates your familiarity with the fundamental ideas, terms, and techniques used in effective project management. The five-year validity of CAPM does not necessitate the renewal of any Professional Development Units (PDUs).

Certified Scrum Master (CSM)

Due to the increasing use of agile methodologies, many in the IT business are looking for credentials that would allow them to become certified Scrum masters. Being a qualified Scrum Master will teach you the Scrum framework and team roles, events, and rules, allowing the Scrum Team to operate at its peak efficiency.

Conclusion

Project management appeared a long time ago, but the position of a project manager is still rather new. Thus, there are few professionals who deliver good results and who know what they need to do to make a project successful. The demand for project managers is high and the biggest companies are always looking for the professionals. Thus, when the time will come to change a job, you will get a huge number of offers and will be able to choose the one that corresponds your vision of the perfect job.

Becoming a project manager, you get more possibilities to build a new career and develop a huge variety of skill. Of course, nothing comes for free and if you want to become a real professional, you need to work hard. However, if you are a career type of person you will definitely like a world of new possibilities that becomes open for you when you take the position of a project manager.

Project Management as a Career FAQs

1. What are the benefits of project management?

The timely and cost-effective completion of projects is ensured with the aid of project management. To keep the project on track, project managers evaluate progress, identify hazards, and make appropriate plan adjustments.

2. Is project management a good career choice?

The pay of project managers can vary widely from modest to high based on factors such as the sector in which they work, their workplace location, and their team members' expertise level.

3. What are the 4 objectives of project management?

The "four pillars" of project management are the typical four primary goals of project management. The following goals must be met: scope, time, cost, and quality. To achieve project success, these four interdependent objectives must be balanced.

4. Is there a future in project management?

Managing projects effectively has become crucial in various fields, including engineering, IT, healthcare, finance, and more. Future demand is probably going to remain high for project managers.

5. Why are project managers in demand?

The complexity of projects is increasing along with the number of stakeholders, financial resources, and schedule length. To guarantee that these initiatives are effectively finished, project managers must plan, coordinate, and oversee them.