Is Project Management the Best Career in 2024?

Here are the skills required for  project management career in 2024

Project management has become a prominent and lucrative job in recent years, especially in India. Along the process of industry extension, there has been a more significant requirement for highly-skilled project managers who have the competence of project delivery and organization. The per-annum salary of a project manager in India changes based on several criteria, such as industry, location, and expertise. The typical, experienced project manager in India is making INR800,000 to 1,500,000 annually. The candidate's earnings for a project management career in 2024 may vary according to their expertise as well as the relevance of the work field.

 A career in project management is among the best careers in 2024 and stands as a top choice in the Indian job market.

Project management is a so-called art, and for a reason, it has such a promising career. A project manager who works well and can meet the client's requirements is an asset to any organization. Every company conducts the project to produce a stream of profit, reduce expenses, and upturn performance in their work. As a result, the shortage of skilled persons in this category compared with demand, according to a survey released by the Project Management Institute. The report from Glassdoor acknowledged the fact that by the same timeframe, employers were projected to need about 2.2 million new jobs every year to fill these project-oriented functions. Additionally, the report concluded that this could mean close to US$ 208 billion in lost jobs because of the number of unfilled jobs.

Some project managers are satisfied with their jobs because no two days are alike. Whereas the exceptions and the rush might appeal to somebody, another may dislike them. Independently from that, everyone should contribute their quality to this mission. In addition, people like the job because they can complete tasks, but that depends on many different positions.

Another appeal is that they are well-paid. According to Glassdoor, a service Project Manager job in the US has an annual income of US$75,474, while the total salary and other additional cash may vary between US$1,541 and US$19,755. While a career in project management maintains steady growth, it can be assumed that salaries will not stop rising.

Along with that, careers in project management are challenging. The post's work is pretty tough at times, and if you're not well prepared to go through the numerous problems on the way, it becomes challenging. Often, a significant amount of time is spent by project managers so that the course of the project moves forward. Forget leaving your office because managers can't disconnect, and they'll probably miss out on some significant concerns regarding the project. In addition to that is the realization that you might not have any input whatsoever in your projects' selection. This obviously means that some will provoke stronger sensations in you based on their demand for creativity and talent, and you might not have any control over the topics assigned.

Although the cons of their responsibilities may make some Project Managers reconsider, most still think that the pros outweigh the cons.

Do You Need Any Experience To Become A Project Manager?

It is not impossible to become a Project Manager without any background in managing projects. However, you have to have the right combination of education, work experience, and transferable skills.

You need to hold a college degree combined with any specified certification in project management. The PMP (Project Management Professional Certification)—the gold standard in the industry—is not something that you can earn even with the PMP prep course. To earn it, you need to put in 1,500 hours of project management work experience.

In this context, you can take a test following the online course to achieve the title of Certified Associate in Project Management (CAPM). It would be best if you were cognizant that getting the certification is not a prerequisite for all the project management roles out there. Still, it can demonstrate to possible employers that you are intentional about making the career change, which could see your resume move toward the right people.

If you probably never held the "Project Manager" title. Still, chances are that you have benefited from the various experiences you have acquired as long as you have a few years of professional experience. These moments pulled from your everyday professional activities most certainly came with skills that you could take to a Project Manager position. Surprisingly, you may have other skills that you may not be aware of, which are helpful in risk management, communication, and time management, and they are what you will be building on as you step over to another field.

In addition, it may be a good idea to take part in projects, bearing in mind possible options in your present job. You will see that if your organization has project managers, they are most likely overworked. They'll definitely value your initiative and the desire to contribute. And they'll be glad to utilize your offer to participate actively in events.

Make sure that you are familiar with some project management software tools first so that you can focus on the more critical task of dealing with your new clients as you help them grow their businesses. It would be best if you came up with tools that include Asana, Basecamp, ProofHub, and even Podio and JIRA. They facilitate team check-ins, share some of their documents, and understand the schedule and magnitude of work.