Skills required for the project manager:

• They need to possess good people skills to confer with the clients and team member to gather the specifications from the clients and explain them to the development team.
• They need to possess good planning and managerial skills.
• They must possess good interpersonal skills.
• They need to have strong written skills to prepare documents and reports.
• They must be able to assign priority to the several tasks and execute them efficiently.
• The project manager must have inbuilt leadership qualities to guide the team members and motivate them to complete the assigned work.
• Possess good theoretical knowledge of various aspects in project management.
• They must possess outstanding business management skills.
• They must have good computer proficiency as they deal with systems most of the time.
• A project manager must have good time managing skills.
• They must be flexible to overtime at sometimes to complete the project within the stipulated time.
• They need to have good logical thinking skills with creative mind.

Salary and remuneration:

The salary of the project manager alters with practical experience, type of employer, location and industry type. The other factors that influences the salary of the project manager are company size and employer name. The median salary of the project manager is $74,500 per annum.

• Years of Experience

• For the project manager with experience of less than one year, the salary range is between $ 35,000 and $ 72,500.
• For the project managers with experience of one to four years, the salary range is between $ 40,403 and $ 87,129 and the hourly salary range is between $ 12.28 and $ 48.20.
• The candidate with experience between five to nine years, the range of annual pay is between $ 52,152 and $ 104,235 and the hourly wage range is between $ 21.12 and $ 77.10.
• The candidate with experience of ten to nineteen years, the salary range is between $ 61,231 and $ 122,742 and the hourly wage range is between $ 23.90 and $ 93.30.
• The project manager with experience of more than twenty years the salary range is between $ 71,701 and $ 132,452 and the hourly wage range is between $ 78.51 and $ 104.50.

• Industry

• Project manager working in information technology services earn an annual salary range between $ 44,173 and $ 114,160.
• For the Project manager working IT consulting, the annual salary range between $ 52,616 and $ 121,117.
• The project manager working in Graphic Arts / Design earns an annual salary range between $ 56,251 and $ 104,117.
• The project manager working health care industry earns an annual salary range between $ 64,697 and $ 98,317.
• The project manager working for an industry that offers financial services earns salary range between $ 71,394 and $ 124,359 per annum.
• Project manager working in telecommunications industry earns an annual salary range between $ 79,045 and $ 125,920.
• Project manager working in software applications development industry earns annual salary range between $ 63,331 and $ 131,546.

• Employer Type

• A project manager when recruited by a company earns an annual salary in the range between $ 75,646 and $ 122,297.
• A project manager when he is hired by a private firm, he makes an annual salary in the range between $ 77,382 and $ 90,125.
• When a project manager is employed by a non-profit organization, he typically earns an annual salary in the range between $ 72,273 and $ 98,479.
• A project manager when he makes a contract or agreements with company, he earns an annual salary in the range between $ 78,400 and $ 106,000.
• A project manager when employed by other organizations, he earns an annual salary in the range between $ 67,272 and $ 97,504.
• A project manager when employed by a company that is headed by either state government or federal government earns an annual salary in the range between $ 67,000 and $ 94,866.
• A project manager when he is employed by a health care centres or hospitals, he earns an annual salary in the range between $ 60,669 and $ 103,524.
• A project manager when he is employed by a franchise earns an annual salary in the range between $ 72,371 and $ 102,729.

The male to female ratio of the project managers employed in various sectors like construction fields, software field is 65% to 35%.

What are the certifications for a project manager?

• There are numerous institutes that offer training to the project managers and provide certificates that add value to their degree and have higher probability of getting a job.
• The PMI Risk management professional certification programs offered by the project management institute it gives the complete idea about the risks that usually occur in the project and solutions to resolve the problems.
• The Project Management Professional (PMP) and Project Management Professional (PMP) certification programs help the candidates at initial stages to learn various business management techniques along with the different stages of the project.
• The Certified Associate in Project Management (CAMP) is the common certification course chose by many students at starting level of their career.
• The PMI Scheduling Professional (PMI – SP) is the special certification program offered by the project management institute and it teaches all the basic concepts as how to schedule the project as per the deadline.
• There is no specific license required for the project managers to get employed.

About project manager:

The project manager has several roles to play in order to complete the project on time. They plan, execute and supervise the staff to complete the project within the deadline and estimated budget. They also define the project objectives and ensure the quality control by regularly checking the work done the by staff. Project managers are important in every organization structure and they are valuable as they arrange people, organize tasks and estimate the budget required for the completion of the project. They direct the employees in the organization to work according to the plan of action designed by the project manager. They need to have outstanding management skills to resolve the differences or conflicts rise between the staff in the company. The prime responsibility of the project manager is to make wise decisions to minimize the risk and uncertainty. The decision made by the project manager should be helpful to the company. In case of small projects, they directly confer with development team and when it comes to larger project, there are team leaders, lead analyst, lead graphic designer and they report directly to the project manager in case of any conflicts.

The tasks of the project manager vary depending on the project type and the industry in which he works. The role of the construction project manager completely differs from the software project manager. The project manager is sole responsible for beginning and completing the project on time by taking the help of the staff of various departments. The project manager must submit the report of the project progress at regular intervals to the share holders. The architectural projects, computer networking projects, construction projects, software applications etc are the kind of projects that are dealt by the efficient project managers. The project manager must maintain cordial relationship with people in the organization and outside the organization like clients.

Educational requirements:

• The project manager needs to be well educated to understand the project specifications dictate them to the development or designing team as it the first step of the project.
• The candidate willing to take up the career as project manager need to complete bachelors degree in management science or business administration.
• During the degree course, they cover important areas as human resources and management etc.
• To get high pay packages, it is essential for the individuals to pursue his master’s degree with specialization in project management.
• After successful completion of education programs, they can enter in to internship program offered by numerous companies to get real time experience.
• To get recruited as project manager by a company, it is essential to have at least 3- 5 years of experience as team leader or worked as a part of project management.
• At initial stages, they need to work under the guidance of the senior project managers and after gaining some experience they can handle the projects independently.
• Some companies even demand the candidates to acquire training at project management institute.
• The project managers must be experienced in the public management, planning strategies and risk management.

What are the important duties and responsibilities?

The following are the list of duties that are to be executed by the project manager working for a company.

Duties and responsibilities of the project manager:

• They need to manage the project development and make the plan of actions that are to be carried until the project end.
• They need to explain the project progress regularly to the clients or stake holders.
• They need to determine the number of employees required for the project and recruit additionally if required.
• The project manager needs to segregate the work among the personnel in the company.
• They are responsible to mentor and guide the team members to complete the project by inspiring them and influencing them by offering positive confidence.
• They must learn new technologies, keep track of the latest things in the market and share the same information with the team members.
• They are responsible to inspire the co-workers or team embers to show excellence in the work.
• They must consistently appreciate the team member’s contribution and praise them for their work.
• They need to estimate and manage the project budget.
• They must manage the resources required for the completion of project.
• They need to schedule the project deadline based on the project size and work efficiently to finish the project within the dead line.
• They must constantly report the company, management and stake holders about the project and gather any other modifications that are to be made to the project because once the project is completed it is not easy to backtrack.
• They must prepare report that includes the project progress, problems occurred and the solutions.
• The main duty of the project manager is to conduct a meeting and evaluate the project assessments and results.
• They need to identify the key factors required for the project completion and neglect the useless parts which are non beneficiary to company and make sure that they are not used in future.
• It is the responsibility of the project manager to keep track of the team members and influence them to put maximum efforts in completing the work assigned.