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What Qualifications Do You Need to be a Project Manager?

What Qualifications Do You Need to be a Project Manager?

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Project management is essential for any business to be successful. It is the core of all the daily operations across industries and companies. A certified project manager is responsible for grouping skilled professionals into teams. The same person also assists in constructing and instituting team plans and facilitating the execution of different projects to achieve company goals. The duties and roles of project managers often depend on the company and the industry in which it operates. 

How do you begin your career as a project manager? Most of the time, it starts at a consulting firm that provides training in management methodology. You may also start as a part of the team working under another project manager. It helps you work your way up into a management position eventually. Let us discuss further about how you can become a certified project manager.

How to Earn a Degree or Certification in Project Management?

Earning an undergraduate degree or certification in project management is the place to start for an individual interested in a career as a project manager. This provides you with a background in several critical areas. This often includes overall management and human resources skills that pertain to the job directly. Meanwhile, here is a look at the qualifications that you need to be a project manager in any organization:

  • Having the Essential Skills

You must always have certain skills apart from having a project manager certification. 

These include: 

  • Quality 
  • Scope 
  • Cost
  • Time 

You can become an efficient project manager with these four core skills. 

Then comes the business skills that require you to comprehend financials, profit and loss, and the ability to adhere to different budgets. Later, you may also want to learn how to lead a team. These leadership skills include communicating across teams and resolving conflicts amicably. Finally, you must master team-building skills because your responsibilities are not limited to only one project. 

Also, check: Top 10 Project Manager Skills

  • Undertaking Training

Companies worldwide like to choose the most experienced team members to lead their respective projects. Not only that but the recruiters of these organizations also seek applicants based on such distinctions. 

Most certified project managers go for structured and traditional courses of study to fulfill this requirement. It usually involves attending a university or college, getting a degree, or enrolling in any certification course from reputed platforms like Simpliaxis. It means the interested individuals undergo both formal and informal training. 

Apart from that, a few businesses also have internal programs, including volunteering options to move into project management. 

  • Gaining Experience

You may find it difficult to get into project management if you are not completely aware of its aspects. Hence, you need four convenient areas to excel, apart from gaining project manager certifications:

  • Volunteering within your place of employment or the outside
  • Applying for different internships for part-time or full-time work
  • Participating in any specific co-op program
  • Applying for different entry-level or advanced-level positions
  • Getting a Project Manager Certification

Here are a few of how you can get certified as an efficient and skilled project manager:

  • Get a degree or certification from a reputed educational institute as a part of an undergraduate or postgraduate program.
  • Get trained and certified under reputed organizations like Scrum Alliance or Scrum.org.

You can also choose project management certifications, like PMP® to pursue a career in this field. 

What is the Project Management Professional (PMP)® ? Why pursue it?

The Project Management Professional® (PMP®) certification is specifically for project managers. It helps showcase your competence, commitment, and experience to excellence in managing several projects across industries and companies. The certification is known for boosting prospects for aspiring project managers like you and seasoned professionals who have already delved into this career. 

You get to know the various aspects of project management during this course. This includes understanding the role and responsibility associated with a project manager, project integration management, and scope management, just to name a few. Every element here is based on the latest PMBOK guide. Candidates can easily handle multiple complex projects and lead bigger teams after completing the course.

Still skeptical about the importance of the PMP® certification? Click here!

Project Manager Salary

The Project Management professional salary is 20% more as per the latest PMI statistics. The salary of a project manager certified under PMP® is worthwhile. Below is a PMP-certified professional's approximate salary based on years of experience, job position, location, industry, and other factors.

Explore valuable insights on the best industries for project managers at SimpliAxis

Based on Experience 

Years Of Experience

Expected Salary

1 to 3 years

Base salary of $7,363 more per year than those with no prior experience

3 to 5 years

a $15,000 increase in median annual salary from those with less than three years of experience

Based on Job Title 

Job Title

Expected Salary

Project management specialist

$92,221

Project management consultant 

$120,000

Program manager

$125,000

Portfolio manager

$138,000

Director of Project Management

$144,000

Based on Industry 

Industry

Expected Salary

Consulting project manager 

$132,500

Resources, energy, utilities project manager 

$132,000

Pharmaceuticals project manager 

$130,000

IT project manager 

$120,000

Government project manager 

$115,000

Healthcare project manager

$108,319

Construction project manager 

$107,659

Based on Location

Location

Currency

Expected Salary

India

INR

2 Million

USA

USD

11.2K

UAE

AED

31.2K

Germany

EUR

82K

Australia

AUD

142K

The above tables prove that PMP-certified Project Managers earn the highest wages compared to those at lower certification levels. The increased salary associated with the PMP certification underscores the strong demand for such professionals. The salary range emphasizes that obtaining PMP® certification can expedite your career advancement.

Conclusion

So, are you ready to become a certified project manager? If yes, get ready to dive into Simpliaxis’s PMP® certification course. This certification will help you enhance your skills in project management and learn further about the field to excel across companies and industries. PMP® also makes for a popular credential for seasoned professionals with 2-3 years of expertise in project management. Certifications in these areas are also beneficial if you are part of a team that uses the Scrum or Agile principles.

FAQs

  1. What qualifications do project managers need?

Project managers need a combination of education, experience, and certifications. While educational backgrounds may differ, a bachelor's degree in a related field, such as business, engineering, or information technology, is beneficial. The PMP® certification is widely recognized and can enhance a project manager's qualifications, too. 

  1. What do I need to become a project manager?

To become a project manager, you need a bachelor's degree in a relevant field, including relevant expertise. Moreover, you can also gain practical experience in project management through internships or entry-level positions across companies. Pursuing certifications such as PMP® or Certified ScrumMaster can enhance your skills and make you more competitive.

  1. What qualifications do you need for a project management degree?

You need a high school diploma or equivalent to enter a bachelor's program to pursue a degree in project management. Some universities offer specialized degrees in project management. Whereas a few others provide concentrations or specializations within business or management programs. You must have a strong academic background in mathematics, communication, and leadership skills that can prove advantageous for your career. 

  1. Can I become a project manager after the 12th?

Becoming a project manager immediately after completing high school is rare. Yes, you can always work towards a project management career path. You can pursue a bachelor's degree in business, management, or a related field after completing your 12th examination. You can also gain further experience through internships entry-level positions, and eventually obtain certifications to become a successful project manager.

  1. Are project managers in high demand?

Yes, project managers are in high demand across industries. It often pertains to the increasing complexity of projects, globalization and technological advancements. This also involves industry growth, the need for effective risk management, and the project manager’s adaptability to diverse business settings.

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