Project Manager Salary: Your 2025 Guide

How much do project managers make

The exact salaries will also be subject to all of the other factors that normally affect pay, namely your location and industry. While the PMP is certainly a highly respected credential, it’s not the only one. Another way that project manager employees can beef up their base pay is through education. PMP certification programs combined with years of experience can not only help you snag a new job title but also a better salary for a project.

How much do project managers make

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Program outcomes vary according to each institution’s specific curriculum and employment opportunities are not guaranteed. He holds a Project Management Professional (PMP) certification, “and I believe that it has been beneficial for my career and income.” Salary.com job board provides millions of Project Manager – Construction information for you to search for. Click on search button below to see Project Manager – Construction job openings or enter a new job title here. Salary.com job board provides millions of Software engineering Project Manager I information for you to search for. Click on search button below to see Project Manager I job openings or enter a new job title here.

How much does a Project Manager – Construction make?

How much do project managers make

Most senior-level roles in project management require either prior experience or a related degree in the field, but there are some exceptions. A project manager who has received prior project management training or certification might be considered for certain roles, even if they don’t have any previous experience. Modern project managers need to be excellent at managing time as well. A project manager’s academic background also has a significant impact on their overall salary. In fact, many roles in project management require at least a bachelor’s degree in a related field. Some highly technical or niche project management roles might even Project Manager job require a specific degree, such as a bachelor’s or master’s in engineering or information technology.

Project Manager Salaries: How Much Does a Project Manager Make?

As a PM, it’s essential that you know how to minimize these risks, and if they do occur, it’s even more important that you know how to address these issues in a timely manner. There are a lot of resources available that can help you learn more about risk management. Coursera’s project management course includes modules on risk assessment and management you can use to hone your skills. Part of your responsibility is to prioritize and delegate tasks, share constructive feedback with your team members, and if necessary, provide disciplinary actions to those who aren’t doing their part.

How much do project managers make

An entry-level Project Manager I with less than 1 year of experience earns about $71,927. With 1-2 years of experience, the average salary increases to $72,285. Senior-level professionals with 5-8 years of experience earn around $78,198, and those with over 8 years of experience can expect an average of $78,645. Based on compensation data that was included in job postings for project managers dating back to September 2020, advertised salaries for project managers have increased 22%. Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you’re one of those people, and you’re curious what kind of salary project managers make, you’ve come to the right place.

  • Monitors all project milestones, changes, and technical status reports.
  • The chart below looks at projected employment for project managers over the next 10 years.
  • Modern project managers need to be excellent at managing time as well.
  • Program outcomes vary according to each institution’s specific curriculum and employment opportunities are not guaranteed.
  • This quite naturally comes with a much higher annual salary compared to your earlier project manager positions.

What are the responsibilities of Project Management Manager?

Salary.com reports that pay typically ranges from $105,834 to $139,428, with most professionals earning between $93,619 and $157,798. As of February 01, 2025, the average annual salary for a Project Manager I in the United States is $75,667. Salary.com reports that pay typically ranges from $67,581 to $85,766, with most professionals earning between $60,220 and $94,961. The benefits of a master’s degree in project management are twofold. For one, project managers with master’s degrees earn a median salary of $120,000 compared to $110,250 for those with bachelor’s degrees.

Certifications to Get

The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below. To receive consideration for a role as a senior-level PM, however, you’ll likely need a combination of experience, academic success, and an impressive resume. Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact…

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