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Project Managers are always in demand to plan and provision the work. PMs are responsible for planning, organizing, securing, controlling, leading, and managing resources and tasks to achieve specific business goals. An effective project management is required to identify strategies to start the project, evaluate and understand the project requirements, analyze and gather the required professionals on board and track the progress of the work. Trainings like PMP® Training help a PM to get noticed by the companies and grab future opportunities. Certifications are important as project management is a complex job that includes handling multiple projects, schedules, difficult and extremely complex tasks, and much more. The demand for certified project managers is high. According to PMI, 22 million new project management job openings are expected through 2027. Industries are in need of certified PMs, and this gives them plenty of opportunities for advancement. Although project management is of prime importance in the IT field, there are job opportunities for PMP® certified project managers in other industries as well.
- Information Technology
In IT industry, engineering project management professionals are responsible for managing engineers. They also communicate with clients to gather the requirements. Google, Microsoft, and Apple are some of the best engineering companies which you can consider after getting certified. IT project managers are expected to have experience on architecture led project management and good understanding of the political culture and principles of the organization.
The average salary of a PM in this industry is $121,923. Working in aerospace industry is thrilling and exciting as you get to deal with airplanes and aerospace systems. It is a very crucial role because it requires working with engineers and designers to make sure that new aircraft is delivered on time and on budget. PMs are always learning, and companies in aerospace industry have a lot to teach. Some of the top companies in aerospace industry are Boeing, Airbus, and Lockheed Martin.
- Consulting Firm
Do not confuse this role with the ‘project management consultant’. A consulting project management professional is someone who works as a project manager for a consulting company. As a PM in a consulting firm, your goals and challenges will depend on the company or the case you are working on. It is a rewarding career for someone who enjoys variety and unpredictability. Bain & Company, The Boston Consulting Group, and McKinsey & Company are the top three consulting firms in the market.
A number of projects are being undertaken in areas, like solar energy, wind energy, and geothermal energy, resulting in huge demands for the project management professionals in these areas. Revelation of newer oil fields and advances in fossil fuel extraction technology are leading to a number of projects being undertaken in energy industry.
The average salary of a PMP® certifies professional in a pharmaceutical company is $131,833. According to various reports, the pharmaceutical industry is expected to breach $1.1 trillion in sales by 2022, making sure that the project management professionals will make more money, on average, than in any other industry. If you want to build a career in the pharmaceutical industry, keep an eye on opportunities in these companies: Roche, Pfizer, and AbbVie.
Multisoft Systems provides PMP® Certification Training to professionals who want to get a thorough understanding of PMBOK® Guide. Multisoft is an authorized training partner with PMI, and is affiliated to give 35 PDUs to the learners, making them eligible for undertaking the PMP® certification exam.
About the author: Nisha Negi is a Technical Content Writer at Multisoft Systems. She writes blog posts and articles on various technical subjects. She is an experienced IT professional, and bears immense knowledge of the latest technology. She stays current with all the ongoing and upcoming certifications. Her way of expression is contemporary and crisp.