what is a project manager?

As a project manager, your key task is to plan and execute projects. That means you are in charge of determining the project scope and resources necessary to complete your plan. You are also responsible for managing teams and resources assigned to you. As a project manager, you take care of crucial elements like planning and budgeting. You also manage less quantifiable aspects like providing moral support and leadership to your teams.

Project managers are agents of change who enjoy working in a complex and dynamic environment. You inspire others to achieve milestones and drive results. You also shift between the big picture and minor details - a crucial skill for project success. That means you are responsible for developing the processes for executing a project, creating schedules and defining each team member's tasks to achieve the necessary milestones.

Unlike other careers where you work in a specific industry, project managers operate in all sectors. For instance, they provide roadmaps for construction projects, help in marketing, and support the IT industry in project development. They also work in the mining industry, supporting and coordinating mining activities and workers.

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average salary of a project manager

The median salary of a project manager in Australia is $135,000 per year. Project managers' earnings fluctuate based on experience and qualification. For instance, project managers joining the role start with a remuneration package of $110,000 per year. As you improve your skills and qualifications in the role, your salary prospects improve significantly and can reach over $160,000 annually. Some employers offer benefits and allowances as part of the employment contract. Project managers in some companies enjoy a car allowance, medical insurance and housing allowances. Some employers also offer annual bonuses and annual leave packages.

what affects the salary of a project manager?

As a project manager, the remuneration package relies on your skills and expertise. When you have additional educational qualifications, you are likely to earn more. Having additional years of experience allows you to negotiate a higher salary. Sometimes, the company you work for also affects your earnings. For instance, working in a multinational organisation with more significant resources improves your remuneration prospects compared to working in a small company. The industry may also influence your salary. Working in construction usually attracts a lucrative salary compared to working as a project manager in corporate settings.

Want to know what you will earn as a project manager? Check out what you are worth with our salary checker.

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types of project managers

Project managers serve in different industries and have diverse roles. Some of them include:

  • construction project manager: as a project manager in the construction industry, you work closely with architects to create a plan for completing projects. That includes overseeing construction projects like building structures and infrastructure to completion.
  • IT project manager: when you are a project manager in IT, your role is to solve problems in your department. Some of the issues you are likely to deal with are installing new software or updating networks. Software project managers also guide teams in developing new software.
  • energy project manager: in the energy sector, your work is to supervise projects that lead to infrastructure development or improve existing energy-efficient practices in a company.
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working as a project manager

As a project manager, you lead a team of employees to accomplish a specific project and achieve the set objectives. You ensure the project meets the expected standards by identifying ways to improve work processes. Read on to discover project managers' specific duties, work schedules and career outlooks.

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education and skills

Some of the academic qualifications of a project manager include:

  • education: to become a project manager, you can start with a Technical and Further Education (TAFE) Certificate IV in project management practice, which doesn't have any entrance prerequisites. Alternatively, pursue a Vocational Education and Training (VET) qualification like an Advanced Diploma in project management. The courses equip you with a basic knowledge of project management. Some employers prefer project managers with a bachelor's degree. The courses suitable for project managers include a degree in business management or a master's degree in project management.
  • certification: as a project manager, staying updated with management skills is critical. You can pursue qualifications like project management professional certification. Project managers also register for national accreditation by meeting the Australian Institute of Project Management (AIPM) requirements.

project manager skills and competencies

Aside from educational qualifications, you need these skills to excel as a project manager:

  • negotiation skills: a project manager should be a great negotiator to get the best deals on contracts. Negotiation skills also help bring all stakeholders on board.
  • leadership skills: as a project manager, you require strong leadership skills to guide your resources toward project goals. With leadership skills, you motivate and train your team throughout the project processes.
  • organisational skills: when you are a project manager, you have numerous tasks to accomplish, so organisational skills are beneficial. Organisational skills help you multitask since you can compartmentalise projects and prioritise responsibilities.
  • problem-solving skills: with problem-solving skills, you create a structured approach to deal with problems that arise during the project process. This approach also enables you to mitigate risk and achieve positive results.
  • computer skills: you require basic computing skills to operate project management software and organise your teams with scheduling systems. You often analyse data using spreadsheets.
  • communication and interpersonal abilities: as a project manager, communication skills help relay your plans to the teams and stakeholders.
  • critical thinking skills: critical thinking enables you to retain the right state of mind even when problems occur. Developing a structured approach that helps you make critical project decisions is essential.
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FAQs about working as a project manager

Here are the most asked questions about working as a project manager:

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