Aerospace project management professional On the other hand, the engineering PM must have extensive knowledge of the product they are overseeing, so experience as an engineer in that field may be a prerequisite. Pros/cons: An engineering project manager has the satisfaction of seeing something very real, useful, and tangible at the end of their project-a large bridge, a new computer chip, or a satellite. A successful project means guiding the development of a product to completion within a specified timeline and budget. They also communicate with clients to make sure the end product is what the client wants. The job: Engineering PMs work with, you guessed it, engineers. An engineering project management professional keeps engineers focused on completing the task at hand for project success. Engineering project management professionalĪnyone who knows an engineer (like my dad) knows that they are some of the smartest people on the planet, but they can sometimes get caught up in the minutiae and lose sight of the big picture. They are listed in order of increasing average salary, based on the PMI survey. Of the industries that had at least 100 respondents on the PMI salary survey, these five jobs for project management professionals pay the most. After that, the new exam will have a less technical feel and instead will focus on three key areas: process (50% of the questions), people (42%), and business environment (8%). If you’ve already prepped for the current version, make sure you take it by the end of June. Note: Big changes are coming to the PMP exam starting July 1, 2020. The 200-question PMP certification exam costs $555 (or $405 for PMI members), with a four-hour time limit for completion. The Project Management Institute (PMI) says that any experienced project manager “responsible for all aspects of project delivery, leading, and directing cross-functional teams” is a good candidate for PMP certification. Now more than ever, a PMP certification is critical for project managers who want to earn more money. Not bad, right?īut get this: With a PMP certification, the average project manager salary goes up to $123,314, an increase of 23% over a non PMP-certified project manager. In 2019 in the U.S., the average project management professional without a PMP certification made $100,247 per year, according to a 2019 survey of almost 9,000 project managers by the Project Management Institute. salary, a brief overview of the job responsibilities, and pros and cons of the role. In this article, we’ll look at the top five highest-paying job markets for PMP-certified project managers, along with the average U.S. If the construction, healthcare, or pharmacy industries all equally call to you, or if you’re just wondering in which industry a PMP-certified project manager can make the most money, you’ve come to the right place. The question is, which industry do you want to work in? It can be even more lucrative if you earn your project management professional (PMP) certification, which can increase your annual salary by more than 20%. Great choice! Project management can be a rewarding career, both mentally and financially. To learn more about becoming a PMI Professional in Project Management (PMI-PMP ®) please click here.Whether you’ve always loved using project management software to complete projects, or you’re just really good at communicating with people, staying organized, and leading teams, you’re probably reading this article because you’ve chosen project management as your career path.
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