Successful and timely completion of projects is necessary for all growth-oriented organizations to stay competitive. It requires smart, efficient Project management by experienced, adequately trained, certified Project managers capable of adopting best practices and scientific approaches. The practical application of skills required to become a Project manager is essential for achieving the optimum levels of productivity.

Let’s find out more about the Project manager role, skills required to become a Project manager, Project manager job prospects, and salaries.

What is the role and responsibilities of a project manager?

Project managers generally plan, coordinate, implement, finalize projects as per the specifications, deadlines, and budgets.

They oversee projects starting from the planning stage to implementation, testing and reporting.

May select, manage team members, and they are held responsible for the project’s success or failure according to the objectives provided by project stakeholders.

Their success may depend on the completion status of the project- was it completed? Was it within the budget and established time frame?

Project managers also take up responsibilities related to various business initiatives. Launching a new product, developing a mobile application, implementing an internet-based banking system, and standardizing testing procedures are some of the examples.

What skills required to become a Project Manager?

Great Communication Skills:

Project managers often lead diverse teams with different skillsets and backgrounds from multiple departments.

Therefore, they must speak clearly and concisely with team members.

Should provide clear instructions, set expectations to increase productivity and efficiency.

Display emotional intelligence, appropriate choice of words, tone, and body language.

2. Time Management & Prioritization of tasks

Personal time management.

Ability to complete work on time and avoid procrastination.

Minimize distractions.

Avoid temptations of managing too much and micromanagement.

Adapt to changes in the project.

Develop trust between team members.

3. Awareness of the Organizational Structure:

Organizational structures in project management impact the management style.

In a functional organizational structure, the senior executives handle the overall project quality. In a project-based organizational structure, to an extent, project teams have autonomy for managing projects, and the project managers have the overall responsibility.

Know how the organization is structured and how project teams are formed.

Have a clear understanding of the chain of command and responsibility for final deliverables.

4. Problem-solving Approach:

Project management follows a specific problem-solving framework.

Managers should be proactive in discovering new or potential problems.

Define the problem, set objectives, and pathway to a solution.

Analyze the problem, uncover the variables, and identify the root cause.

Develop awareness of possible solutions, pros, and cons.

Oversee the solution implementation and adjust to meet complications.

Take a pause, reflect on problem-solving attempts, determine strengths and weaknesses.

5. Strong Leadership

Calm temperament, positive, can-do approach towards problem-solving.

Ability to form, manage teams, and communicate with stakeholders.

Be an excellent decision-maker and have good delegation skills.

What Are the Career Opportunities & Salaries for a Project Manager?

On average, every year until 2027, 2.2 million new project-oriented job roles will come up.

The national average entry-level, annual project manager salary in the US is $59,680. A project manager earns between $100,000 and $200,000. The global median annual salary for Project managers has reached $90,260.

51% of project managers saw an increase in their total compensation.

Benefits of PMP Certification & Compensation

Prominent Project Management Certifications: Project Management Professional Certification (PMP ® ) , Certified Associate in Project Management (CAPM) , PRINCE2 Practitioner Certification, Certified Scrum Master (CSM) , and CompTIA Project+ Certification.

Project Management Professional Certification ® , Certified Associate in Project Management , Practitioner Certification, Certified Scrum Master , and CompTIA Certification. The median salaries for (PMP)® credential holders in the US exceed $100,000.

Those with PMP® credentials for 2–4 years, on average, earn 15.6% more than their non-credentialed colleagues with similar experience.

Project managers with PMP® certifications earn 17% more monetary benefits than the uncertified ones.

The salaries for PRINCE2 Practitioners can go up to $100,000 per annum.

Already working as the project manager or looking to get certified, you must take this self-assessment test for the PMP certification exam.

You must learn the skills required to become a Project manager, get an understanding of the knowledge and framework for successful project completion. Please explore PMP certification training course, Certified Associate in Project Management (CAPM)® training and other Project Management Courses from NetCom Learning, a premier IT training solutions provider with 20+ years of track record in training 100,000+ professionals across the world.

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