Project Management Specialists are professionals responsible for overseeing specific projects within an organization. Their job description typically includes tasks such as defining project scope, objectives, and deliverables; developing project plans; coordinating resources; monitoring progress; managing budgets; ensuring adherence to timelines; mitigating risks; communicating with stakeholders; and facilitating project teams to achieve goals effectively and efficiently. They play a key role in ensuring successful project completion while meeting quality standards and stakeholder expectations.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
---|---|
10th percentile | $44,410.00 |
25th percentile | $58,860.00 |
median (50th percentile) | $88,670.00 |
75th percentile | $125,680.00 |
90th percentile | $149,910.00 |
Hourly Pay Distribution | Hourly Rate |
---|---|
10th percentile | $21.35 |
25th percentile | $28.30 |
median (50th percentile) | $42.63 |
75th percentile | $60.42 |
90th percentile | $72.07 |
Project Management Specialists typically need a bachelor's degree in project management, business administration, or a related field. Some employers may prefer candidates with a master's degree in project management or an MBA for more advanced positions. While a high school diploma is necessary to pursue further education and training, completing college is generally required for this profession. In the next paragraph, training for Project Management Specialists often includes obtaining certifications such as Project Management Professional (PMP) or Certified Associate in Project Management (CAPM) from organizations like the Project Management Institute (PMI). Additionally, on-the-job experience, workshops, seminars, and continuing education courses play a crucial role in honing the skills needed for successful project management. Specialized training in areas such as risk management, budgeting, and stakeholder communication is also beneficial for career advancement in this field.