The need for project managers is growing rapidly, and individuals with the right skills and credentials stand to benefit the most from this growth. Let’s take a look at the projected employment numbers for project managers and the institutions that are hiring, then explore a convenient online program that enables you to gain valued graduate-level project management credentials quickly and efficiently.
200,000+ New Project Management Jobs Annually
The Project Management Institute (PMI) is the world’s leading association for project management professionals. PMI works worldwide to mature this profession through globally recognized standards and certifications. The key certifying body in project management and organization of record for the field, PMI was founded in 1969 and is considered an authority on project management.
PMI regularly publishes employment reports for the benefit of current and future project managers. Their research shows organizations that combine technical skills and project management approaches consistently drive more successful outcomes. Some notable examples of the diversified fields where project managers find employment are engineering, construction, manufacturing, information technology, military, aerospace, event planning, business, automotive, defense, and healthcare.
Our rapid pace of technological and industrial development has established an ever-increasing need for highly talented and qualified project managers. A contemporary report from PMI stated that there is a “widening gap between employers’ need for skilled project management workers and the availability of professionals to fill those roles.” In other words, the project management job market is very bright for qualified individuals as more jobs are being created and many longtime project managers are retiring from the workforce.
How big is the gap between demand and availability for qualified professionals? According to the PMI report, an average of 213,974 new project management-related jobs will be created annually in the United States alone during a 10-year period ending in 2027. That’s nearly 2.2 million jobs. Overall growth of project-oriented positions in 11 major countries, including the United States, is projected to reach an astounding 33%. Professionals who secure these jobs may also enjoy considerable wage growth. For example, U.S. wages for project management professionals in 2017 were an impressive 82% higher than earnings of individuals working in other occupations.
It’s safe to say that the project management field has much to offer. And it’s not just professional organizations that are providing a positive job outlook. The U.S. federal government also has good news on the project management job front.
Faster Than Average Job Growth Rate
The U.S. Bureau of Labor Statistics (BLS), which is part of the U.S. Department of Labor, has been publishing its Occupational Outlook Handbook since 1949. This is a research-based, regularly updated report that provides statistical data on job growth, salaries, job descriptions, educational requirements, and other facts related to employment in the United States. The handbook went online in 1995.
The most recent issue of the handbook, covering the years 2019-2029, also shows project management to be a fast-growing field. BLS data forecasts an employment growth rate of 6%, faster than the average growth rate for all occupations, among project management specialists. Further, the handbook reports a mean or average annual wage of $84,290 for project management specialists.
With all of these facts in mind, let’s look at a program that can help you qualify for one of those potentially rewarding positions and its corresponding salary.
Building New Project Management Skills and Credentials
The University of Texas Permian Basin offers a 12-credit online Graduate Certificate in Engineering Project Management that will show you how to manage and lead engineering projects from beginning to end like an expert. A graduate-level education credential will garner widespread respect from your employers, both present and future. All of the credits you earn in our program will be applicable toward your Project Management Professional (PMP)® certification requirements with PMI.
Our program helps you build the expertise to deliver desired project outcomes more efficiently, at a reduced cost, and with fewer errors. Our graduate certificate curriculum includes an examination of the advanced techniques, skills, tools, and process improvement methodologies every project manager needs to master, such as:
- Project planning and control
- Lean Six Sigma
- Advanced risk analysis and management techniques
- Advanced engineering economics
- The latest project management software
You’ll be able to apply the knowledge you gain in these areas in a broad range of industries and in organizations across the world after completing our program.
Online Classroom Convenience
Our affordable, flexible graduate certificate program enables you to complete coursework on your own schedule. UT Permian Basin’s 100% online virtual classroom is accessible 24/7, from just about any location with internet access, allowing you to work around your job hours and family time and within any time zone across the globe. You’ll be awarded your Graduate Certificate in Engineering Project Management upon successful completion of just four eight-week online courses.
If you’re interested in or are currently employed in project management and have completed a related bachelor’s degree, we strongly recommend that you apply to our online Graduate Certificate in Engineering Project Management program today!