How much can I earn as a Project Manager?

Every project with more than one stakeholder needs an effective manager. Project managers are responsible for delivering products, events and initiatives with strict requirements. They’re the glue that holds everyone together. And the good news is, if you’re ready to step up and learn how to manage projects like a pro, you’ll be well rewarded. Project management isn’t just about cracking a whip. It’s about getting your staff, contractors and client-side stakeholders confident and ready to produce great results. As a PM, your skills in planning, organisation, communication and negotiation will help your team produce something that’s more than the sum of its parts.

According to ABS stats, if you’re a contract, program or project administrator, you can expect to earn an average of $1,400 a week before tax. That’s well above the average $1,230 a week for other jobs.
Civil engineering project managers earn an average of $1,916 a week. Construction managers earn similarly high average salaries – around $1,719 a week. Leaning more towards a creative project management path? As a manager in advertising, PR or sales, you could expect to earn about $1,858 a week.

Are you the type of person who’s always looking for a new challenge? Project management will keep you engaged and excited. There’s a huge demand for qualified project managers across a variety of industries, including
(but not limited to):

  • ICT (information and communications technology)
  • Energy (oil and gas)
  • Construction
  • Civil infrastructure
  • Healthcare
  • Financial services
  • Creative services
  • Education

When you become a qualified project manager, you’ll be in good company. According to government stats, there are over 110,000 project managers across Australia. Professional associations such as the Australian Institute of Project Management and the Project Management Institute, with its local chapters, give you plenty of opportunities to network and continue your professional development.
The Department of Employment projections put growth in this field at 7.4% for the five years to 2022. That means not only are there plenty of exciting roles available now, but there’ll be even more by the time you finish your studies.

Monarch’s Diploma of Project Management is ideal for independent learners ready to take the next step. The flexible, 100% online delivery is a great option if you’re balancing existing work commitments or family. Trainer Gary Hatfield is an industry veteran with a passion for supporting and encouraging new entrants to the profession. Check out the course page and chat to a Course Consultant about your study options today on 1300 738 955.

Sources: mccrindle.com.au, lmip.gov.au, abs.gov.au, joboutlook.gov.au.