Top 10 Reasons to Get into Project Management
Project management is important
Project management is in high demand across many industries. Therefore, project managers are in high demand. Project management is a versatile skill that can be used in any industry. – Why? Today’s organizations face fierce competition. They must be able to tackle global challenges. They must quickly respond to external and internal issues. To address these challenges, organizations must have a structured approach to plan and organize, control, and manage their resources (and internal capabilities) in order to deliver timely results. These results must be in line with the business goals and current needs. These projects can be handled by project managers who have solid project management skills. These projects can be of different complexity and levels. This article will give you a general overview if you are a PMP professional or a project manager. – Why Project Management is a career today. What are the future prospects of your career in project management? To get a clear view of project management as a highly sought-after career path, readers are encouraged to read the entire article.
Project Management Career – Facts & Figures
Image Source: https://www.powerformula.net
In today’s agile environment, project management is a highly sought-after career path. According to the PMI’s recent report on PMP job growth (Project Management – Job Growth & Talent Gap, 2017-2027),
There is a widening gap in the availability of PMPs across the globe. Employers and organizations are searching for skilled project managers. This gives you the chance to meet their needs.
There will be a huge demand for breakthrough 87.7million PMP positions by 2027. That’s quite an exciting number, isn’t? There will be a lot of job opportunities in the future for project managers in a variety of sectors including manufacturing, construction, information services & publishing and finance & insurance.
According to research by Anderson Economic Group (AEG), in conjunction with PMI in 2017, there will be an 8.8 million PM-related jobs in 2027, up from 6.7 million in 2017. This number rises from 14.7 to 21.7 millions in India over a period of 10 years. According to this research, there will be a 33% increase in PM-related jobs.
There will be many PM jobs in the future. It’s also good to know that PM jobs can also be financially rewarding. According to the study, in the United States, 2017 salaries for project management-oriented professionals in projectized industry were 82 percent higher than those of non-project-oriented professionals.
I hope you now see the potential rewards of a project manager career path as a rewarding and fulfilling in the future.
Why is project management important?
The hiring of a project manager adds value to your organization:
In the past decade, we have witnessed rapid growth and globalization. Rapid technological changes, changes in the environment, global competition, and new requirements for products & services have created new expectations from customers & users. These are just a few of the many factors organizations face in today’s economy. These changes can be dangerous for organizations that don’t adapt to them. – Could put the organization at risk of its demise in the future. These risks are important to be aware of and manage in order to make necessary changes. Project managers are responsible for leading various small and large projects.