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 Project Management – the Career for You? | PM Tools - PM Tools

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Project Management – the Career for You?

Project Management is an increasingly popular career choice for young graduates. According to statistics produced by the Middlesex University National Centre for Project Management, 1.5 – 2 million people earn their living as Project Managers in the UK alone. Requiring strong organisational and leadership abilities rather than specialist industry knowledge, Project Management provides a varied and challenging career. Project Managers are required for the co-ordination of projects of every size and scope within environments ranging from hospitals to financial institutions, and advertising firms to charities.How do I get in? Entry into Project Management is usually via several years experience in a particular industry or sector, but there are a growing number of junior and trainee roles available, as well as vacation and graduate internships ranging from three weeks to a year in length. It is also possible to gain relevant experience by working in an administrative position within a project team. Project Support roles, such as Project Assistant and Project Secretary, typically require excellent IT skills and at least several months work experience within an office environment, with project experience considered advantageous. However, demonstrable knowledge of project management methods and software (e.g. MS Project) provides bonus points for the experience-bare CV. Of the project management methods available, PRINCE2TM is currently most popular in the UK, and is standard in the public sector. Becoming familiar with the terminology, principles and structure of the PRINCE2 methods will make any candidate stand out for a Project Support role.Moving up Beyond the administrative roles, positions such as Project Planner and Project Analyst provide useful stepping-stones for those wanting to pursue a Project Management career. These usually work alongside the Project Manager, so gaining in-depth knowledge of the specific project and insights into the practical application of project management methods.Project Manager The fundamental role of a Project Manager is to manage a set of resources – people, money, materials etc – to accomplish a series of tasks within a defined budget and scope. The project might be the installation of a new IT system, the staging of a concert, or the development and implementation of a marketing campaign. The Project Manager is responsible for ensuring that all aspects of the project – the products and reports required, the roles of individual staff members and the deadlines by which specific tasks must be completed – are defined in advance, are communicated to the project team and are monitored throughout the project’s duration.Typical pay A Project Manager can earn anything between £20k (in and entry-level position) to £100k+ in senior roles. According to Arras People, most Project Managers earn between £30k and £50k per year. Forty percent of the surveyed Project Managers working under contract earned between £350 and £500 per day.At the top of the tree At the top of the Project Management tree is the Programme Manager, who has total accountability for the planning and successful execution of multiple projects, each run on ground level by a separate Project Manager. Programme Managers usually have at least eight years experience behind them, including senior project management and the organisation of large project teams (50-80 people). Project Management qualifications are also a frequent ‘desirable’ at this level, the most common in the UK being PRINCE2 and APM.Typical pay The average salary for a Programme Manager falls between £50 000 – £64 000, with only 9% of Programme Managers earning less than £35.5k per year. A well-paid and demanding role, Programme Management requires in-depth understanding of the project management process, and the ability and drive to make each project happen. PRINCE2™ is a trademark of the Office of Government Commerce

Simon Buehring is a project manager, consultant and trainer. He works for KnowledgeTrain which offers training in PRINCE2 project management and PRINCE2 trainingin the UK and overseas. Simon has extensive experience within the IT industry. Contact him via the KnowledgeTrain project management training website.
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