![]() ![]() Governance & administration Configure and manage global controls and settings.Streamlined business apps Build easy-to-navigate business apps in minutes.Integrations Work smarter and more efficiently by sharing information across platforms.Secure request management Streamline requests, process ticketing, and more.Portfolio management at scale Deliver project consistency and visibility at scale.Content management Organize, manage, and review content production.Workflow automation Quickly automate repetitive tasks and processes.Team collaboration Connect everyone on one collaborative platform.Smartsheet platform Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale.This article was originally published on the Official PMI Blog. There are also three micro-certifications in the Organizational Transformation Series, perhaps the most strategic of all project management assignments.Īll these resources are designed to help project professionals stay abreast of evolving marketplace needs and to continually enhance their career growth, their personal and professional satisfaction and their earning power. PMI also offers micro-certifications in new or specialized areas-around citizen development, for example, or in vertical industries, such as construction. And its why PMI offers a range of certifications beyond the PMP that allow project professionals to stretch their capabilities and take on new and more rewarding challenges. That’s why life-long learning is so critical. The ability to take on more responsibility and to manage important, large-scale projects is directly related to skillsets. Median salaries also tend to be higher among those managing larger projects (measured in terms of average number of team members and average project budget) versus those managing smaller projects. In virtually all countries, salaries tend to increase as responsibilities grow. ![]() ![]() The salary data, however, reveals even more about successful project professionals. ![]() Indeed, PMI's Talent Gap report suggests the global economy will need 25 million new project professionals by 2030. Rising compensation levels are good news, of course, and are consistent with what we would expect, given the growing demand for project professionals. Nearly one-quarter (22 percent) report total compensation increases of at least five percent over that period-all this, despite the impact of COVID-19 on the global economy. Half of all survey participants, by the way, report an increase in total compensation (including salary, bonus, and other cash incentives) over the 12 months prior to completing the survey. Not only that, but respondents holding a PMP report earnings increase in most countries compared to their counterparts without the certification. The data on this topic is clear: Survey respondents holding PMI’s Project Management Professional (PMP)® certification report higher median salaries than those without a PMP certification-16 percent higher on average across the 40 countries surveyed. So, what does the data tell us? To my mind, it comes down to this: invest in yourself-commit to a lifetime of continuous self-education and skill-building. If, like me, however, you’re curious about what makes for success in the project management field, the portrait view is far more interesting. The snapshot view is certainly important-to project professionals looking for new opportunities and to recruiters, human resources professionals and compensation professionals involved in hiring and retaining project management talent. It paints a picture of the most successful project professionals operating in the marketplace today. It captures the latest salary data on some 30,000 project management professionals across 40 countries at a particular moment in time. There are two ways of looking at PMI’s latest survey of salaries- Earning Power: Project Management Salary Survey - Twelfth Edition-in the project management profession. By: Michael DePrisco, Interim President & CEO | PMI ![]()
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