Project Management Career

Have you ever thought about why a career in project management?

What are the career paths in project management? And the ultimate question, Is it a good career choice?

Well In-short, yes, Project Management Career is a fantabulous career with high-paying jobs and plenty of opportunities to propel your career in the top management rank of any company.

According to the PMI report, there’s such a drastic shortage of Project Managers relative to demand. The report found that on an annual basis, employers will need to fill nearly 2.2 million new project-oriented roles each year through 2027. Further, the report found $208 billion is at risk due to that anticipated project management shortage.

However, Project Management career is also a demanding job that can be highly stressful at times. Project Management ensures the implementation of project strategy connects with business objectives. Project Management makes sure the availability of resources in no more problem on a project. The Project Sponsor and Project manager define and describe the goals and benefits that are targeted through projects, as well as how project success will be measured.

The purpose of projects is to achieve business strategic goals in a systematic and controlled manner. A project organization facilitates the coordination and implementation of project activities to reach its objective. This creates an environment that fosters coordination among the team members with a minimum number of disruptions, and conflict to achieve the project goals.

The purpose of most projects is to either make or save money. In the absence of a good project manager, a significant percentage of the project ends up losing money or even failure of the business.

Project managers are responsible for leading the project planning and execution, making sure that the planned deliverables will be available at the end of the project. The Project Manager’s main task is to ensure that things are done right as per the set process.
The project manager makes sure the “why”, “what” and “how” of the project are understood by each and every project team member.

Project managers are the showrunner of any projects or organizations involved in project management. It is the project manager who takes lead in transforming ideas and goals into reality through project planning and execution.

Top 5 benefits of Project Management career

Here are some compelling reasons why project management career is a great career and you should choose project management for propelling your career to new heights. This will help you to reach the top leadership position of any organization.

Continuous Project Management Career Progression

Remember, Project Manager is not the final destination of your project management career. There are many different project manager titles that can exist in any industry. There is a defined hierarchy as people work their way up the professional ladder and it can be separated into three tiers.
You can start working with different tiers even lower ones to get hands-on experience in project management and work your way up to top positions.

Refer to the below table for the ranking of post titles in the Project Management Career.

You could easily start your project management career as a project coordinator and quickly transition into project management roles in the middle management tier. After this, you can climb the ladder to managing simple projects and with time, expand your project skills to tackle more big and more complex projects.

Trust me within a couple of years of experience, you will make the leap to managing bigger project portfolios in your domain industry and propel your project management career like a rocket. Also, you may choose to get specialization key skills for project management like cost management, project control, or scheduling.

Opportunity to work on different type of projects

A project is a coordinated set of responses to fulfill a unique need in a preferred sequence of execution for the project’s activities. Projects are those activities that cannot go on indefinitely and must have a defined purpose. A project is defined as a “temporary endeavor with a beginning and an end and it must be used to create a unique product, service or result” Project Management Institute (PMI).

It is a unique, transient endeavor undertaken to bring about change and to achieve planned objectives. This series of tasks need to be completed to reach a specific outcome under given constraints.

Projects are great opportunities for any organization to achieve its business objectives efficiently through implementing change. Projects help organizations to make desired changes with a reduced probability of failure.

Every new project with a new team and a new set of stakeholders. You will be learning as work your way through a variety of projects. Also, this provides an opportunity to nurture new skills and pave your career path in new territory.

In the project management world – no two days look alike. Every day on a project provides new challenges to project team members. Project management career is all about implementing strategy through cooperation and coordination among various stakeholders.

High Salaries and Perks : project management career

Project management professionals draw attractive compensations because of their unique set of skills and capabilities to take up challenges in some of the most complex scenarios. You can attract a very competitive salary that will offer long-term stability and better career prospects.

For any organization, projects are building blocks of strategy to achieve the vision and business goals. Project act as a tool to promote change. This provides an opportunity for a project manager to work on different types of projects in his career.

Organizations require project managers to grow and succeed in achieving their business goals, hence the company needs to offer lucrative compensations to these project management professionals.

The connecting link between Client, Top management & Project team

As a project manager, you get the privilege of acting as a single point of contact between clients, top management of your company, and your project team. This positioned you as an authorized cross-functional communicator with key stakeholders and bring in the limelight.

Of course, this limelight comes with a lot of other responsibilities, but it provides you a lifetime opportunity to showcase your talent, skills, and potentials.

The project manager is involved in all the work done to create and complete the project objective. They are continually leading and guiding a new and unique initiative every time to achieve business goals.

Goal-Oriented Actions is must for successful project management career

Remember project is a temporary endeavor with specific goals. Once the project objective is met, the project manager moved on to a new project. This process helps the project manager to develop the skill of action-oriented behavior toward attaining a particular goal.

This skill is the most valuable skill for the success of a project management career, and it is typically identifiable by observing project achievements. This most sought skill in project management and the foundation block of the success of any project management career. When it comes to being goal-oriented at work, a goal-oriented person is driven by purpose and can focus on the tasks at hand, getting them done efficiently.

As a project manager, you will be rewarded when you keep your project schedule on track, meet the budget constraints, and effectively collaborate with stakeholders to ensure everything runs efficiently.

Conclusion

A project management career is a fantastic choice. Project managers help companies improve efficiency and save money to meet their business objectives. It is easy for you to remain always on your feet in the role because you need to continuously create, evaluate and execute several strategies and methodologies to meet your stakeholder’s requirements.
The reason the project management career is such a good profession is that every organization initiates projects to increase revenue, minimize cost, and boost processes efficiency.
However, the project manager position does come with a long list of responsibilities. A career in project management allows you to feel fulfilled, and working on a project management career will greatly enhance your professional journey.