Project Management Salary Guide [Salary, Education, Training 2021]

Project Management Salary Guide

Typical wages for Project Management is $72,858 USD [2018]

Project Management Salary Stats


10 YEAR JOB OUTLOOK  –  23.3% (Faster than average)

 WORK ENVIRONMENT – Large corporations 

 EDUCATION – IT Degree, PM Certification

NUMBER OF JOBS – 251,002

GENDER RATIO – Male 61 % to Female 39 %

What is Project Management?

[su_note note_color=”#2c80f2″]Project management, it’s an effort to effectively accomplish a task by way of meticulous planning and organization. A task is definitely an endeavor with well defined limits which has an finish objective of creating specific result, for example, a thing of beauty or music, a brand new software system or perhaps an architectural structure.[/su_note]

The phrase this kind of job has developed and advanced with time. Lots of factors have to be considered and all sorts of changes inevitably lead to different anticipation in addition to different ranges of Project management salary. A task has limitations essentially. Ordinarily, the limitations are money, relating towards the costs of undertaking the work, time, meaning following a set time frame within that the project should be completed, scope, which refers back to the needs and also the goals along with the size the work. The main consideration in project management is experiencing this goal while sticking towards the limitations that were decided.

Project Management Video Guide

Project Management History

Even just in the first cultures, the fundamentals of project management have been in play, however, it wasn’t before the 50’s that organizations started using project management techniques.

Project management came about from the 3 disciplines, for example, engineering and construction.

Two pioneers within this area are Henry Gantt, legendary for the Gantt chart, and Henri Fayol, who produced 5 management functions.

Tools for calculating and controlling costs also saw progress. The American Association of Cost Engineers, now referred to as AACE Worldwide or even the Association for that growth of Cost Engineering, began in 1956, along with the Worldwide Project Management Software Association or IPMA which has been around since in 1967 in Europe.

In 1969, the united states also saw the birth from the PMI or Project Management Software Institute which found release the PMBOK Guide or Helpful tips for the Project Management Software Body of Understanding, that contains explanations of common practices. Additionally, they offered certifications of various sorts.

In 1996, publish graduate certifications were established through the AAPM or American Academy of Project Management Software Worldwide Board of Standards.

Project Management Education

Project Management Education
Project Management Education

Most popular professional certifications such as the CAPM and PMP.

Good examples of fundamental essentials CIPM or Licensed Worldwide Project Manager, the MPM, also called Master Project Manager, the CEC, meaning Licensed-E-commerce Consultant, and PME which means Project Management Software E-Business.

Something referred to as Parts per million or project portfolio management is continuously attaining recognition as a means of selecting the best projects and applying project management software techniques to create beneficial recent results for the business.

This really is increasingly broadly employed for selecting and determining focal points among projects that share related assets.

Project Management Career Options

Project Management Salary

The present salary range begins at $52k and goes completely as much as $91k.

For example, Raj Sidhu a PM for an Website Audio for Books in London earns around $65,000 per year.

The typical wages are $72, 858.

Project Management Salary Outlook

Project Management Career Options
Project Management Career Options

More Resources on Project Management

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