The IT industry is a very attractive area to obtain a career in because the salaries offered for different positions are usually substantially higher than for similar positions in other industries. The industry is quite broad, so you don’t necessarily have to choose only from different kinds of developers. In this article, we are going to talk about the Project Manager (PM) position - what you should learn, the main duties, and naturally, the salary range.
It is a methodology of planning, organizing, and implementing all activities related to a project. It is a practical tool that allows developing projects effectively and efficiently.
It is a specialist whose main task is to lead the whole project from the stage of planning. He or she is accountable for prioritizing tasks, planning tasks implementation and deadlines, control over the development process, communicating between the team and the customer, and the solution of arising problems till the successful product launch. PM is not a technical role, but the majority of specialists are former developers and testers who decided to broaden their knowledge and responsibilities.
Analyse what skills you need to have
Take a project management online course or complete a bachelor's degree
Enhance your project manager resume and prepare for an interview
Apply for entry-level positions in management
Consider project management certifications
The main PM's role and duty are to assure that the customer’s idea is implemented in the set timeframe using existing resources. For this, PM has to create a development plan, form a team, provide the team with terms of reference, and control their implementation. Besides, he or she is accountable for the good communication between the developers' team and the customer, solving any arising problems and misunderstandings, and controlling the quality and deadlines for the final product.
The PM’s tasks can be divided into tactical and strategic. The first ones include the solution of the daily project issues and the elimination of any obstacles on the realization path. The second one implies the coordination of the overall goal of the project, the path to it, and the speed of movement.
SIMS Pune - Symbiosis Institute of Management Studies
Jain University, Bangalore
Alagappa University, Karaikudi
Dr MGR Educational and Research Institute, Chennai
PIBM Pune - Pune Institute of Business Management
COEP Pune - College of Engineering
Suresh Gyan Vihar University, Jaipur
CMJ University, Shillong
NITIE Mumbai - National Institute of Industrial Engineering
To assure that the project is successfully realized, PM should observe the following 12 principles:
In order to apply for the PM positions and get the job, you don’t need special certification. However, many specialists, who have been already working as PM for some time, think about receiving a valuable certificate. It is usually not a requirement but is an additional advantage that can help get a higher salary and become a decisive factor if a specialist with an internationally recognized certificate and one without it compete for a job in a leading IT company such as Google, for example.
The certificates you can obtain are:
Now let’s talk about salaries offered to PM professionals. In India, Project Managers, on average, receive an annual salary of ₹1,500,000 or $20,000. A young specialist is paid yearly a median salary of ₹660,000 or $9,100, and a senior position is rewarded with ₹1,700,000 or $23,500 a year. According to the Payscale platform, salaries by city:
Average project manager salary in Bangalore - ₹1,532,087 / year
Average project manager salary in Mumbai - ₹1,222,302 / year
Average project manager salary in Pune -₹1,484,217 / year
Average project manager salary in Hyderabad- ₹1,512,066 / year
Average project manager salary in Chennai- ₹1,437,049 / year
The major IT companies offer the following salaries for PMs: Microsoft pays PMs from $38,115 to $177,071 a year or $110,000 on average, and ₹1,600,000 or $22,000 in India. Google pays PM from $40,283 to $250,000 a year or $110,400 on average, and ₹2,158,000 or $29,700 in India. Amazon pays PM from $33,346 $165,559 a year or $98,360 on average, and ₹1,600,000 or $22,000 in India.
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