Are you looking for a Career Scope in Project Management in India? If so, you’re in the right place. India has a lot to offer in terms of job opportunities in this field.
In this article, we’ll take a look at some of the most common career scopes in project management in India, and explain why they’re so popular. We’ll also give you a breakdown of the skills and experience that are essential for success in this field.
So whether you’re looking for a new career or just want to explore your options, read on.
What Is Project Management?
First, let’s take a look at what project management really is. Project management is a technique used in business to ensure that projects are completed on time, within budget, and to the best possible standards. It’s an essential tool for any company that needs to manage large-scale projects with multiple stakeholders.
For example, A project manager is responsible for ensuring that a project travels from inception to completion in a planned and orderly manner. This includes setting the project objectives, coordinating team efforts, and monitoring progress.
A good project manager always balances risk management with organizational goals and timeline constraints in order to ensure the successful completion of the project on time.
Today, project management skills are in high demand all over the world. That’s because project management is one of the most versatile skills you can have – it can be applied in almost any field!
So if you’re interested in finding a new career or just want to explore your options, project management in India could be the perfect option for you.
How Much Can You Earn As A Project Manager?
salaries in India vary according to experience and skills, but a starting salary in India for project managers can be anywhere between Rs. 20,000 and Rs. 2 lakhs per annum. Project management is one of the most in-demand careers in India right now, so you can expect to earn a good salary as a project manager in India.
Some popular job roles for project managers include:
- Corporate Project Manager
- Development Project Manager
- Technical Project Manager – Project Management Officer
- Project Manager in a Start-Up Company
- Project Manager in an MNC
Here’s an overview of the different types of project managers that are out there and their salaries based on experience and certifications:
Senior Level Project Manager (SLPM) Salary In India:
SLPMs in India typically earn in the range of Rs. 2 crores to Rs. 5 crores per year, depending on their skill set and experience.
Project Management Professional (PMP) Salary In India:
PMPs in India earn in the range of Rs. 1 crore to Rs. 3 crore per year, based on their experience and certification level.
Certified Professional of Project Management (CPPM) Salary In India:
CPMs in India typically earn in the range of Rs. 75 lahks to Rs 1 crore per year, based on their experience and certification level.
Project Management Associates (PMAs) Salary In India:
PMAs in India typically earn in the range of Rs. 50 lakh to Rs 1 crore per year, based on their experience and certification level.
Project Management Interns’ Salary In India:
Project management interns in India typically earn in the range of Rs 25,000 to Rs 1.5 lakh per month, depending on their experience.
Is Project Management A Good Career In India?
Once I did an online job application in India and project management showed up on the list of roles that I could apply for. Project management has always interested me, so I decided to do a little more research into it and found out that project management in India is definitely a good career option.
There are many perks to working as a project manager in India, including:
Versatile – you can use it in almost any field. In fact, according to CareerBuilder, “Project Management certification from IIBA or PMI can help you land jobs as corporate project manager, development manager, technical manager, etc.
High salaries: Project manager salary in India is typically higher than average salaries in other industries. This is partly because project managers in India are at the top of their field and command high salaries.
Diversity: As India has a huge variety of cities and towns, project management jobs here tend to be more diverse than jobs in other industries. This means that you can find project management roles that appeal to your interests – no matter what they may be.
Flexible hours: project manager jobs in India tend to be flexible in terms of hours. This means that you can typically work a standard 40-hour week if you want to.
Career growth potential: As India is a growing economy, job opportunities for project managers are expected to grow rapidly in the future.
Good work-life balance: India is a country that values work-life balance. This means that project manager jobs in India often offer good benefits, such as healthcare and vacation time.
My final thoughts are,
As mentioned earlier, project management in India is versatile – it’s perfect for any career. So if you’re thinking of trying out this career path, be sure to have skills in project management that are in high demand. Like project management certification from IIBA or PMI.
In addition, having experience working on projects (even if it’s just a little bit) will definitely help your case. And lastly, don’t forget the importance of networking – being able to connect with people in the industry.
Factors Affecting Project Manager Salary in India
Well, in India, a project manager’s salary is highly dependent on experience, skillset, and certification. Here are a few factors that determine project manager salary in India:
1) Project management experience:
In India, the more project management experience you have – the higher your salary will be. This is because project managers in India are typically at the top of their field and command high salaries.
2) Skillset:
When it comes to skillsets for project managers in India, there’s a lot of variation depending on which city or town you’re located in.
However, most roles require strong communication and leadership abilities as well as experience in project management, Scrum or Agile software development methods, risk management, and business analysis.
3) Project management certification:
Project manager certification from IIBA or PMI is also a major factor in determining project manager salary in India.
The more experience you have in project management combined with the Certified Professional of Project Management (CPPM) certification, the higher your salary will be.
4) Location:
Another major factor in determining project manager salary in India is location. Project managers in India with experience and skillsets located in bigger cities or metropolitan areas will typically earn higher salaries than project managers in smaller towns or rural areas.
5) Industry:
The industry that a project manager works in also impacts their salary. Project managers who work for government organizations, technology companies, construction companies, etc., generally earn higher salaries than those working within industries like banking or education.
Additionally, certification (e.g., PMP®, certified ScrumMaster®, etc .) can play a significant role in earning higher salaries.
What is the minimum qualification required to become a project manager in India?
Now let’s take a look at the skills and experience that are essential for project management in India. To be a successful project manager in India, you’ll need to have strong communication and leadership abilities. There are some requirements that are a must in order to work in project management in India such as:
1) A degree in project management, engineering, or a related field.
2) At least 3 years of experience in project management, preferably within an organization with a project manager role.
3) An understanding of business processes and risk management techniques.
4) Exceptional project management skills, including the ability to work independently, manage teams of people and meet deadlines.
5) Proven experience in managing project software (e.g., Project Management Professional certification).
How Do I Get Into This Type Of Job In India?
Now that you know what’s required to be a successful project manager in India, it’s time to look at ways to get started in this field.
There are many options available, and the best way to find out is by exploring different career paths and talking with professionals in the industry. Some of the most common routes into project management in India include:
1) Pursue certification as a Project Management Professional (PMP®). PMPs hold significant credibility within the project management community and can give you an advantage when applying for jobs. There are dozens of certification programs available, so it’s important to find the right one for you.
2) Join a project management consulting firm. Many of these firms are actively looking for new project managers and providing opportunities to develop skills in an environment where they’re constantly being challenged.
3) Start your own business in project management. This can be a great way to gain experience and build your reputation in the industry before looking for formal employment.
4) Join an existing organization as a project manager. This can be a good option if you have experience managing projects, or if you’re familiar with the company’s culture and procedures.
5) Look for project management jobs in India on online job boards and career portals. This is a great way to find opportunities that match your skills and interests, without having to go through an employer first.
What Is The Career Scope In Project Management In India?
The career scope in project management in India generally refers to the range of positions that are available in this field. The best way to find out is by exploring different career paths and talking with professionals in the industry. Here are some career scopes in project management in India that are most common:
1) Project manager:
This is the most common career scope in project management in India, and it covers a wide range of positions, from entry-level jobs to highly senior roles.
Project managers are responsible for managing projects from start to finish, and they need skills in management, team building, business analysis, and project estimation.
2) Associate project manager:
Associates work alongside project managers on larger projects and help them to manage their workloads effectively.
They typically have less responsibility than a full-fledged project manager but are well-versed in project management skills and procedures.
3) Product development:
Product managers are key players in the project management process, and they typically have a background in business or engineering.
They work with teams of developers to develop new products or improve existing ones.
4) Project manager of construction:
Project managers in this field oversee the entire project management process, from planning to completion. T
hey often have a background in engineering or construction, and they need skills in project management, time management, budgets, risk management, and contract drafting.
5) Project controller:
Project controllers are responsible for monitoring projects and ensuring that all aspects of their execution are compliant with established regulations and company policies. They typically have a degree in business or accounting, as well as experience in project management.
6) Project manager in information technology:
Project managers in this field are responsible for overseeing the project management process for all IT projects, from conception to completion.
They often have a degree in computer science or engineering and ample experience in project management, software development, system administration, and business analysis.
Which Skills Should I Have Before Going For Such An Opportunity?
Skills that are essential for success in project management in India include strong communication and organizational skills and project management experience. Plus, knowledge of software development and project management tools, a deep understanding of business needs, and an eye for detail.
Here is a detailed skills list that may help you with career options in project management in India:
1) Project Management basics:
-Understand the project management process and tools, from initiation to completion
-Strong communication and organizational skills
-Track record of successful project management in a past job or academic setting
2) Principles of software development:
-Bachelor’s degree or equivalent in computer science, engineering, or business administration
-OR five years of experience as a full-stack software developer including at least one complex web application project
3) Project Management tools:
-Proven experience in project management software such as Project Management Office (PMO), Assemble, or Jira
-Familiarity with project management tools and tracking systems, including MS Project and Trello
4) Understanding of business needs:
-Demonstrated understanding of business objectives, processes, and terminology in a previous job or academic setting
5) Detail orientation:
-Proven attention to detail in past jobs or academic assignments
What Is Future Of The Project Management In India?
Project management in India is currently booming, with a predicted growth of 14% between 2016 and 2020. This is because there are many opportunities for career progression in this field, as well as high demand from businesses.
Project management in India can lead to positions such as project manager, program manager, software development manager, and resource manager.
I can assure you that if you have the skills and experience required for project management in India, there are many opportunities available to you.
So don’t wait any longer – get started today by exploring your career options in Project Management in India. Most importantly, keep in mind that success in project management in India requires a combination of skills and experience, so be sure to explore all of your options before making a decision.
Frequently Asked Questions
Q: What are the basics of project management in India?
A: Project management in India requires a combination of skills and experience, so it’s important to explore all of your career options before making a decision. The most basic skills required for project management in India include attention to detail, understanding of business needs, and proven experience in project management software.
Q: Does project management in India require a college degree?
A: No, project management in India does not generally require a college degree. However, some positions may prefer candidates with an earned or professional degree in project management.
Q: How many years of experience is required for career growth in Project Management in India?
A: To be successful in project management in India, you need skills and experience that vary depending on the position you’re applying for. However, the most basic skills usually require about 2-4 years of experience. If you have more than 4 years of experience working as a project manager in India or abroad, that’s always a plus.
Q: How do I find out if project management is the right career for me?
A: It’s important to explore all your options before making a decision about a Career Scope in Project Management in India. You can start by reading articles like this one to get an overview of the skills and experiences that are essential for success in this field.
You can also talk to people in your industry or consult with an experienced career counselor to get more insights about what would be a good fit for you.
Final Thoughts
As you know, the career scope in project management in India is growing exponentially in today’s market. The reason for this is due to the numerous benefits that come with this field of work for beginners.
With a career in project management, you can enjoy a high level of autonomy and control over your work, as well as a lucrative salary. To know more about the various career options in project management and their respective benefits, be sure to check out our blog.
We’ll be keeping you updated with all the latest updates on this booming field.