The Best Industries for Project Management Professionals
Project managers play a crucial role in any organisation; they’re responsible for planning projects and guiding them through to completion. Their skills are transferable to many different types of projects, which is why project managers enjoy strong employment prospects across a wide range of industries.
This article will take you through how to become a project manager and the industries offering the best project management jobs from 2021 onwards.
The COVID-19 pandemic launched every industry into new digital spaces. And it’s the IT industry that has and will continue to support them. A Gartner survey revealed almost half of CFOs will keep at least 10% of their workforce working from home. And it’s the IT industry that will help this happen.
From supporting businesses in connecting their employees online, to evolving their software and processes, IT companies have their hands full. These are the types of project management jobs where a project manager will need to take the lead.
Construction and Engineering
As populations grow and cities adapt, construction and engineering will continue to boom. Project managers make sure blueprints come to life safely and on time. They keep an eye on the efficient movement of materials, the performance of workers on site, and follow up any missed deadlines. Whether it’s city infrastructure or the construction of apartment blocks, you can find a project manager working right in the centre of most construction projects.
As the industry that never sleeps, healthcare relies heavily on project managers. Working in this industry, you can expect to be across a wide range of projects - from innovating outdated processes in a hospital to advancing a clinic’s telehealth capabilities. Healthcare is also a safe industry to step into for project management jobs, as it remains the life-blood of a functioning society and will stay busy regardless of the economy.
Finance and Insurance
When money is on the line, effective management is key. Project managers in the finance and insurance sectors help companies navigate crises and improve operations. Projects like these can help transform businesses, so it’s highly rewarding to lead them. However, with ever changing regulations and a focus on numbers, it’s recommended to have a working knowledge on best practice accounting and finance.
Adapt or disappear. This is the landscape professional services are heading into. And the ones who adapt the best will have skilled project managers leading these changes - from small process changes to instrumental rebranding campaigns.
They will ensure projects move forward past obstacles and get completed on budget. Even for businesses operating in specific areas, like law or marketing, project managers can enter them without having a background in that area (although, it is advantageous).
How to Become a Project Manager
Project managers are responsible for a number of tasks and require certain skills to make sure everything gets done right.
Project management jobs involve managing:
- Project scope, time, costs and quality
- Human resources and stakeholders
- Procurement of supplies
- Team effectiveness
- And much more.
The skills that make project managers so useful can be learned. A BSB51415 Diploma of Project Management will teach you how to manage a project successfully so that it’s always completed within specific parameters. From consulting stakeholders to managing budgets, you will become equipped with the skills to help you manage projects across a number of industries.
Wondering how you can be an effective project manager during tough times? Discover our article on Learning to Lead During a Crisis.