In today’s era, everyone is ambitious and wants to be successful in his life. Someone wants to be a doctor, engineer, pilot, or businessman. Now, there are many career options not like earlier days when youngsters had only some career options. Project Management is also a great career option and there is a huge growing demand for project managers in these days because of advanced technology and expansion of the global market. A project manager plays a vital role in the success of the project. The entire responsibility of the project is on his shoulder from the project planning to the completion. To become a project manager, the certificate of PMP plays a major role. Further, in the article, you all will gain detailed information about the growing demand of project managers in the year 2020. Don’t leave the article in between or you may skip any important information regarding the rising demand of project managers in 2020.
WHAT IS PMP?
Now, many questions are arising in your mind, “what is PMP?” “What is the scope of PMP?” PMP stands for Project Management Professionals. Project Management Certificate is provided to project managers by the Professional Management Institute (PMI). To earn a PMP certificate in the first case, one must have a diploma of high school, a minimum experience of 5 years as a project manager in which the applicant needs to spend 7,500 hours working on a project and 35 hours of formal education of Project Management. In the second case, the applicant must have a degree of bachelor’s, 3 years of experience in managing a project in which the applicant has to spend 4,500 hours and 35 hours of formal education of PDU.
WHAT IS THE SCOPE OF PMP IN THE YEAR 2020?
The demand of the project managers will rise until the end of the year 2020; about 15.7 million new project management roles will be created by the end of this year, and statistics show that this profession will grow by US$6.61 trillion. The need of the hour is to build the skills of project management by the professionals and job-seekers as these skills will help them to find a great job. At this time, markets are down due to COVID19, but after some time markets, offices will be opened and there will be a growth of the projects that will be increased and companies will need the best managers to deal with the projects. There will be a hike in the salary. There is a great expectation of growing demand for project managers by 13.4 million in these ten countries for the various projects at the end of the year 2020. These ten countries are Brazil, Australia, Canada, Japan, Saudi Arabia, Germany, India, China, UAE, and the UK. Till the year 2027, nearly 2.2 million new projects will be introduced on an annual basis and there will be more demand for project managers.
There are a variety of roles played in the team which depends upon the needs of the projects. Some of these roles are given below:
- Business Analyst
- Project Managers
- Team Managers
- Project Executives
- Associate Managers of projects
- Software Developers
- Technical Project Managers
- Project Delivery Manager
Every role is important to play for getting success in the projects. The role of managers in any project is to keep an eye on the overall progress of the project from starting to ending and if someone faces any problem, then he or she must solve that problem. The role of software developers to work on software development. The role of an assistant project manager is to help project managers in various tasks, such as scheduling and others. The team leaders manage their team members, assignments, or assign the task to them.
The future demand for project managers will be increased, and you just need to earn some skills and a PMP certificate.