Project managers are always in demand, irrespective of the industry, certified professionals are continually required to plot and provision the work. Although, high-level project management can be a complicated and profitable career. Why project management as a career? If you have puzzled whether becoming project management is the right choice or not, this article will help you make clear why project management might be your best career move.
What is the work of project managers?
The basic principles of project management include planning, organizing, securing, controlling, leading, and managing assets and tasks to attain the desired organizational goals. Project managers decide techniques to start the project, examine and recognize the project requirements, examine and convey the specified specialists on board, and audit the development of the work.
Along with this, a project manager is responsible for:
- Deciding the work plan
- Setting the budget of the project
- Reporting on development to stakeholders
- Conducting the meetings to monitor the progress
- Managing the culture of the team and stakeholders
- Setting the schedule and time frame for the project and all subprojects
Project managers have to work on multiple projects, schedules, and tasks at the same time which can be extremely difficult. With the right training and experience, individuals can learn to handle this efficiently as their efficiency is the most important thing for an organization.
Scope of project management
Similar to many jobs, project management also requires someone to have a lot of abilities to be successful. Along with the organizational skills, project managers should be great at solving problems, have more than average math skills, and be good communicators as well. For folks who feel pleasure working with various responsibilities, a project management profession can be a terrific match.
Here are some more reasons to study project management:
- The project management field is high in demand. The Project Management Institute (PMI®) has reported that there would be 22 million new project management job openings through 2027.
- Project managers are required in almost all kinds of industries. Although it’s very common in the IT field the project-related work is very handy in the businesses, oil, and gas; finance and insurance; manufacturing, construction, and utility industries around the globe.
- Project managers are awarded good salaries. The national average entry-level project manager salary is USD 59,680.
- Studying allows potential project managers to benefit from the diverse competencies needed to perform the multitude of responsibilities required to get a good job.
- There are various opportunities available for advancement in your career. Highly skilled, certified, and specialized project managers can achieve double the entry-level salary or even more.
- Project managers can make a difference. They are not only responsible for boosting morale but they also work with the company’s bottom line.
- The project manager’s role is similar to a CEO’s work: they both have to work with the inventors, project teams, and clients. They simultaneously have to deal with many of the same pressures and financial restraints.
- Project managers are constantly learning. They need to frequently refresh their expertise of techniques and structures, new markets, technology, merchandise and services, and customers.
Why study project management?
So now it’s the time to answer the most important question, why is it necessary to study project management. I will start this by starting simple. In simple words, certified project managers are likely to earn better salaries and feature greater possibilities for development than the ones without certifications. PMI PMP and PRINCE2 are the two most important certifications in the field of project management. Both of the certifications have their benefits. Professionals looking forward to starting their career in this industry can choose any of the certs. Those who want to become project management experts can choose more than one certification.
Let us walk you through the objectives covered in the PMI PMP exam and PRINCE2 exam
PMP exam objectives are as follows:
- Initiating the project
- Planning the project
- Executing the project
- Monitoring and controlling the project
- Closing the project
PRINCE2 certification exam objectives are as follows:
- Overview, Principles and Tailoring PRINCE2® to the Project Environment
- Business Case (BC) Theme
- Quality (QU) Theme
- Plans (PL) Theme
- Risk (RK) Theme
- Change (CH) Theme
- Progress (PG) Theme
- Starting up a Project (SU) Process
- Directing a Project (DP) Process
- Initiating a Project (IP) Process
- Controlling a Stage (CS) Process
- Managing Product Delivery (MP) Process
- Managing a Stage Boundary (SB) Process
- Closing a Project (CP) Process
uCertify provides various comprehensive project management training courses and learning paths that could assist aspiring project managers to get not only the best training they want to pass the certification exams but also the real-world knowledge that can help in any project management career. Our courses are equipped with various comprehensive learning resources that will help you gain expertise covered in the certification exam.
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