what does a project manager do

What does a project manager do?

If you’re asking yourself this question, you might have realized it takes more than basic planning skills to get hired for this job.

If you’re not sure what other skills are required, we’ve got you covered. We put together a quick guide about project managers and what types of responsibilities they have.  

Let’s dive in!

What Does a Project Manager Do?

Project managers, like the folks at Campbell Corporation, have a wide range of responsibilities, including planning a project, managing a team, executing jobs, monitoring progress, handling the finances, and closing the project. 

In short, a project manager is accountable for the success—or failure—of a project. 

Here’s a closer look at some of the tasks a project manager is in charge of. 

Plan the Project

Project managers have to be able to take an idea and turn it into a doable project plan. This means the plan has to be actionable, having different steps that’ll lead to a finished goal in the end. 

Assemble a Team 

Once they have the plan, a project manager has to find and put together a team of people to make that plan happen. They’ll work closely with the team to keep tabs on what has been done and what still needs to get done. 

Work with Stakeholders

While they work with the team, a project manager will also work with any stakeholders involved in the project. These are the people who will be affected by the project, such as upper management. 

The project manager will make sure the stakeholders understand how the project will change things as well as keep them up to date with the progress. 

Manage the Budget

A project manager will also have to set a budget during the planning stage and stick to it. This means they have to control costs and manage how much money other team members are spending. 

How Much Does a Project Manager Make?

Most project managers make about $43 an hour, or a little over $91,000 a year. However, that amount can vary on either end depending on the exact job. 

Some project managers might only make $54,810 while others can make upwards of $159,560. 

What Type of Education Does a Project Manager Need?

A project manager should have a bachelor’s degree in a related field of study. Depending on the employer, just having any bachelor’s degree might be enough. 

After college, a project manager should get experience in the field they want to work in. But don’t expect to get a project management position right away. Start with something small and work your way up. 

If you want to work in the construction industry, you might also want to get a certification, which you can do at the Construction Management Association of America (CMAA). 

Understanding Project Manager Responsibilities 

So what does a project manager do?

In short, they plan, execute, and close any type of business project. If you want to be a project manager one day, you should start by getting a bachelor’s degree and finding a job in the field of your preference. 

Do you want to start your own project managing business?

Make sure you click here for some important tips on how to get started. 

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