What is the future demand of a Project Manager?
A project is a combination of focused, planned, managed; measurable efforts that is used to create value in businesses and their services and provides the desired outcomes. A project can be of short or lengthy duration and some projects have fixed time period for completion.
Future Growth of Project Management
In this present world, businesses are facing competition in the IT market. Business success can only be driven by project management factor, but there are many other factors required. Most of the organizations understand that project management trends lead to business success.
Overall, we can say that the more businesses leads to more projects and further the complexity of those projects increased the need of better communication and guidance, so the demand of project managers is increasing rapidly.
Project Manager Future Statistics
- About 70,400 openings for project management are predicted each year, on average, over the decade.
- Professional’s project management will grow by 87.7 million in 2027.
In- Demand Job Profiles of Project Management
The following project management jobs are in highest demand:
- Project Managers – Project managers are responsible for the successful execution of projects. They work with teams of employees to ensure those project goals are met within the specified timeframe and budget.
- Portfolio Managers – A portfolio manager helps clients choose investments, manage their portfolios, and make decisions about buying and selling securities.
- Delivery/project Managers – They work with cross-functional teams to ensure that all project deliverables are met on time.
- Change Managers – A change manager is responsible for leading, planning, and executing change within an organization.
- Product Managers – A product manager is responsible for developing and managing a product. They work with a team of engineers, designers, and marketers to bring a product to market.
- Transition Managers – A transition manager, is a professional who helps companies or organizations move from one state to another, such as when merging with another company.
Overall, we can say that the more businesses leads to more projects and further the complexity of those projects increased the need of better communication and guidance, so the demand of project managers is increasing rapidly.
