No matter the industry, a project manager makes a welcome addition to many teams. Complex and rewarding, project management can make for a lucrative career decision—but the path is less than straightforward. If you’re keen on pursuing a business leadership online course, here’s everything you need to know about the in-demand role.
What Does a Project Manager Do?
The six project management principles comprise planning, organizing, securing, controlling, leading, and managing tasks and resources. As you step into the role, you become responsible for determining strategies that best achieve specific business objectives and evaluating their success as new performance indicators arise.
Peripherally, a project manager might be responsible for:
- Connecting the appropriate skill sets to each project
- Crafting a budget per campaign
- Overseeing progress through scheduled meetings and a dedicated time frame
- Reporting progress back to stakeholders
- Managing business culture among diverse teams
The Scope of Project Management
A successful project manager possesses a myriad of skills. Other than a knack for organization, they must be effective problem-solvers, clear communicators, and have above-average math know-how in their back pocket.
The reasons to study project management are inexhaustible.
- Firstly, the demand for the role is sky-high. The Project Management Institute expects no less than 22 million new project management careers in the next seven years.
- Project managers can penetrate as many industries as they please. More interested in finance and insurance than IT? No problem—they likely need you there, as do the manufacturing, construction, and utility sectors.
- Sure, we’ll have the salary talk. Entry-level project management positions earn up to $59,680 annually—that is not a small number!
- Don’t enjoy feeling stuck in the same role? Experienced, specialized, and certified project managers with an expansive skill set can choose to advance into senior positions with a more lucrative salary.
- Project managers make a direct impact on your business’ bottom line and overall morale. Some will consider the role the stepping stone towards becoming a CEO. In some ways, its duties are homogenous. CEOs and project managers collaborate with investors, internal teams, and clients, piloting the same pressures and financial restraints.
- Are you easily bored? Project managers are always learning something new—from business structures to new markets and state-of-the-art technology to innovative products and services. If you’ve ever told yourself, “I could never learn that,” you most likely will as a project manager.
Why Study Project Management?
The holy grail of a project management career is its agreeable salary and opportunities for advancement—most will underestimate how enriching the role truly is. Capstone projects push even the most astute decision-makers to free untapped potential through hands-on learning.
Becoming project management certified means prospectively achieving global acknowledgment. If you have a lust for travel, project managers have the freedom to work wherever they choose—not to mention that irresistible salary bump!
Conclusion
Project management isn’t just a big-bucks responsibility. It makes for an excellent investment in your future, providing security and predictability even in economic downturns.
Begin your advanced project management online course with us at Skill Builder Pro. Over twelve sessions, you can achieve top learning outcomes and begin furthering your career in no time.