Is Project Management a Good Career?
Updated: 13 January 2025, 12:21 pm IST
If you are looking for a career with high-paying jobs, opportunities in top companies, constant demand across industries, and the chance to learn new skills regularly, project management can serve as an excellent choice. Project management careers offer challenging but rewarding job roles for candidates to pursue. However, many young students may wonder “How to become a project manager?”. If you are unsure about a project management career, read on to learn the scope of project management, the skills required, the project manager duties, and more in this post.
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What does a project manager do: Roles and Responsibilities
A project manager plays a key role in ensuring the success of a project by coordinating tasks, communicating effectively, and managing relationships with various stakeholders. A project passes through several stages, including planning, execution, and completion. Throughout these stages, the project manager is responsible for varied duties including:
- Defining project goals and scope
- Creating and managing schedules
- Planning budgets and controlling costs
- Allocating resources efficiently
- Monitoring progress and ensuring deadlines are met
- Communicating regularly with stakeholders
- Identifying and managing risks
Since projects involve diverse tasks and unexpected challenges, a project manager must have skills like critical thinking, analytical, and problem-solving to keep everything on track. Looking at the high demand for skilled project managers, more and more students are enrolling for BBA/MBA in project management programs to acquire the required skills and pursue a successful career in this field.
How to Become a Project Manager?
To build a successful career as a project manager, it’s important to start on the right path. Begin by enrolling in a recognized project management course or certification like CAPM (Certified Associate in Project Management) or PMP (Project Management Professional). Gaining real-world experience through internships and working on live projects can help in developing practical skills. Candidates also need a good foundation in interpersonal and technical skills. There are several regular and online degree programs and certification courses available for Indian students to start a career in project management.
Eligibility Criteria for Project Management Courses
- For UG degrees like BBA, students require a minimum of 50% marks in 10+2.
- For project management PG programs, applicants must complete a bachelor’s degree in any discipline from a recognized university with 45-50% marks.
- Some institutions might ask for one or two years of experience for PG programs.
Skills Required for the Project Manager Role
1. Leadership Skills: A project manager must guide and motivate the team to achieve business objectives.
2. Strong Communication Skills: They need clear communication skills to communicate with team members, stakeholders, senior management, and clients.
3. Management Skills: This skill helps project managers to multitask and manage resources effectively to ensure smooth project execution.
4. Critical Thinking Skills: Critical thinking is important to analyze situations and making quick, informed decisions helps avoid major issues during a project.
5. Positive Attitude: A project manager’s positive approach boosts team morale and helps maintain a stress-free work environment.
Career Opportunities for Project Management Graduates
Here are some job roles and project management career opportunities for graduates:
Scope of a Career in Project Management
With businesses recognizing the crucial role of project management in driving growth and innovation, the demand for skilled project managers has increased significantly. As per the Project Management Institute (PMI), 25 million new project management professionals will be required globally by 2030. Thus, a career in project management has a high scope for aspiring candidates. An MBA in Project Management is a great way for students and professionals to gain skills and excel in project management. They can pursue an online MBA to enjoy the flexibility of pursuing a job or any other responsibility along with the course.
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Conclusion
Now that you understand the value and need of project management as a career, you can take steps toward building a successful future in this field. Earning an online degree in project management can give you the essential skills and training to become a qualified project manager. To explore top online undergraduate and postgraduate project management courses, you can visit the portal of Amity Online University. They offer a variety of online degree programs in project management at UG and PG levels. Visit the official portal to learn more.
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frequently asked questions
What is project management?
Project management involves using knowledge, skills, tools, and strategies to complete a project successfully within set time, budget, and resource limits. It is a systematic process to ensure the smooth running of a project from beginning to end.
What skills are required to excel in project management?
The project manager should be more skilled in strong communication, management, leadership, planning and coordination, problem-solving, customer service, and operations skills among others.
What qualifications do I need to pursue a career in project management?
You can obtain a bachelor’s degree in business management, information technology, or any other related field. You can pursue an MBA in project management after your bachelor’s to gain a higher qualification in project management. Also, you may pursue various certifications in project management.
Are project managers in demand?
Yes, project managers are in high demand across the globe.
What is the average salary of a project manager?
The average salary of a project manager is Rs 17.3 lakhs, as per Ambitionbox.
What are the career growth opportunities in project management?
Project managers have excellent career growth opportunities through promotion to senior roles like senior project managers, project directors, and more.
What industries hire project managers?
Construction, banking and finance, manufacturing, engineering, technology, and healthcare are some of the industries hiring professionals for project manager career paths.