Project Management Professionals, Positions, and Salary Ranges
A few months ago, professionals in the project management industry were probably studying statistics and trends for 2020 to prepare their organizations, teams, and their personal careers. Some of these trends include:
- Changing or innovative digital technologies
- Effects of increased collaboration
- Growing gig economy
- Big data and analysis tools
Then came an unprecedented global health crisis. The effects are equally unheard-of. Project opportunities are quickly diminishing or are put on hold altogether. Partners, vendors, and vital components in the supply chain are impacted.
At the same time, some trends were suddenly put in the spotlight for being more relevant in the present situation. For instance, the importance of change management or risk management for companies.
The landscape may have changed too quickly, but the project management professional is not out of work just yet. In fact, many companies need the skills, expertise, and experience of the project professional now more than ever.
PM role and responsibility changes
The roles and responsibilities of project professionals will adapt to new project requirements and settings.
- They now have to manage virtual teams as remote work has become necessary.
- They have to deal with changes in how they approach and communicate with organizational leadership.
- It seems that every project manager now is a distributed project manager.
Aside from keeping themselves busy and constructive, project managers also have to keep their team productive, deliver for their customers, and ensure stakeholders remain informed with the status and progress of projects.
Project management salary
Existing and planned projects may have been postponed or canceled. But eventually, some will be restarted and new projects will be initiated as we move forward. What does the future hold for the project professional? One way is to look at the project management salary range offered to different PM positions, by location, levels of experience, and certification.
Project manager position
Responsibilities of project managers include planning, coordination, monitoring, control, and completion of projects. They make sure projects are delivered on time and within budget, scope, and quality. They oversee all aspects of project management including planning schedules and setting deadlines, allocating resources and assigning tasks, monitoring progress and communicating status to stakeholders.
The general project manager position title can be made more specific depending on the hiring organization, industry, hierarchy, or responsibility. Other titles can be Project Lead, Construction Project Manager, Senior Project Manager, or Product Manager.
Project management salary, according to several online sources, will vary depending on factors that include education, certification, specialized skills, or experience level.
As of April 2020, Project Manager salary ranges in the US average $62k-92.6k, depending on location:
- In the US: $67k to $89k, average of $76.5k
- In Washington, DC: $74k to $98k, average of $84.7k
- In Chicago, IL: $71k to $94k, average of $81.1k
- In New York, NY: $81k to $108k, average of $92.6k
- In Houston, TX: $46k to $108k, average of $68.7k
- In Philadelphia, PA: $42 to $99k, average of $63.3k
- In Phoenix, AZ: $41k to $96k, average of $62k
- In Los Angeles, CA: $46k to $108k, average of $69.8k
- In San Francisco, CA: $54k to $124k, average of $80.6k
- In Seattle, WA: $47k to $108k, average of $71.1k
Construction project manager position
The construction project manager plans, coordinates and supervises residential, commercial, or industrial construction projects. They oversee employees, owners, contractors, vendors, regulators, and other stakeholders, while they complete projects on time, within budget, design, and quality standards.
- Construction Project Manager salary range: $79k to $131k, average of $105.8k
- With 10 to 14 years of experience: about $106.8k
- With above excellent or superior performance: $108.8k
- As Senior Construction Project Manager: $111k to $180k, average $146.5k
IT project manager position
The IT project manager maintains the organization’s effectiveness and efficiency, directs research, recommends strategy, completes projects, manages applications and staff, and maintains quality service.
- IT Project Manager I salary range: $65k to $111k, average of $84.7k
- In New York, NY: about $102.5k
- With 5-6 years of experience: about $87.8k
- With direct reports of 11-25 team members: about $85.7k
- If you report to a Director: about $85.1k
- As IT Project Manager II: $83 to $129k, average of $106.1k
Certified project management professional
Organizations are looking for additional qualifications from project management candidates. Foremost of these are certifications that professionals have obtained, which shows mastery of their craft.
- PMI’s Project Management Professional (PMP): $69k to $253.7k, average of $161.4k
- PMI Agile Certified Practitioner (ACP): average of $108k
- PMI’s Certified Associate in Project Management (CAPM): average of $66k
- Scrum Alliance Certified ScrumMaster (CSM): average of $89.7k
- CompTIA Project+: average of $68k
- PRINCE2 Practitioner: average of $66.6k
At the moment, project management salary and career may not be what people are primarily concerned about. Project professionals, however, are very familiar about the temporary nature of events. Everything has a start date and an end date. In time, people, organizations, business, and projects will move forward, perhaps on a different path. And perhaps, there will be new projects so that we will never be in this situation again.