In the U.S. in 2017, according to a survey of 10,937 project managers, the average project management professional without a PMP certification made $99,070 per year and the average project manager salary goes up to $119,235 with a PMP certification, an increase of more than 20% over a non PMI-certified project manager.
A PMP certification is critical for project managers who want to earn more money now more than ever. Any experienced project manager “responsible for all aspects of project delivery, leading, and directing cross-functional teams” is a good candidate for PMP certification, said by the Project Management Institute (PMI). The PMP certification exam for highest-paying PMP jobs containing 200 questions with a four-hour time limit for completion, costs $555 (or $405 for PMI members),
Below are the highest paying jobs for project management professionals:
Pharmaceutical project management professional
Average U.S. salary: $131,833
It’s no wonder that pharmaceutical project management professionals make more money, on average than in any other industry and is expected to break $1.1 trillion in sales by 2022 globally.
A successful project means overseeing the development of new medication for the treatment of diseases or other health problems. Pharmaceutical Project managers work with engineers, doctors, and researchers to ensure that research and development stay on schedule and on budget.
Resources project management professional
Average U.S. salary: $129,368
Resources project manager’s work in industries to extract and grow natural resources such as mining, petroleum, and agriculture.
Overseeing the procurement of natural resources for efficient delivery to end consumers leads to a successful project. Resources Project managers work with farmers, oil companies and mining to make the process of extracting and growing natural resources as efficient as possible by improving communication and eliminating waste.
Consulting project management professional
Average U.S. salary: $129,208
A consulting project management works as a project manager for a consulting company whereas project management consultant works as a consultant who specializes in project management. We’re talking about the consulting project management.
A consulting project manager is the chameleon of the project management universe. A consulting project manager’s goal depends on a case-to-case basis in the industry they are working with on. The goal of the consulting project manager is to furnish advanced knowledge to the client to be successful in their projects. He can work with both the environmental engineers and sales managers on a timely basis.
Aerospace project management professional
Average U.S. salary: $121,923
If you were dreamed of building model airplanes, flying in the sky but became a project manager instead, a job as an aerospace project manager might be what you have looked for. They work with designers and engineers to make sure the new aircraft are delivered on time and budget. And they also focus on quality control and risk management. Overseeing proposals leading to the development of new aircraft and aerospace systems makes a successful project.
Engineering project management professional
Average U.S. salary: $121,769
An engineering project management professional is responsible for keeping the engineers focused. They work with engineers. They also communicate with clients to make sure that the end product is what the client wants. Guiding the development of a product to completion within a specified timeline and budget makes a successful project.