Project management(PM) is a popular field for contemporary business professionals. From ideation to implementation, project managers negotiate reasonable expectations for deadlines across stakeholders. In other words, they oversee projects to identify clear objectives, goals, and strategies for producing realistic success. This skillset is invaluable for companies and organizations — crafting and managing an orderly process for projects with multiple participants is difficult work. To ensure they have the top-tier skills necessary for the work, many professionals consider a master’s degree in project management.
Courses and concentrations in project management center on developing the technical and leadership skills students need to manage large-scale projects. Students will gain foundational knowledge in strategic decision making, data analysis, and risk management which will prepare them to analyze and solve problems quickly. The result is an ability to be a calm voice of reason and expertise when inevitable obstacles arise during a project’s lifespan. Degree holders with this ability become leaders that bring confidence to the teams they work while delivering success.
Graduates often have higher earning potential and rates of employment. The Project Management Institute also estimates that more than 2 million project management positions will be created by 2020.
Graduates with a master’s in project management have many career options including computer and information system management and risk management. In short, many companies need project managers to help manage their project workflow.
Yes. Many schools offer their project management programs online. The key is to find an accredited program that works with your specific schedule.
Not necessarily, but it often takes professionals years of experience to earn the positions they desire. Earning a master’s helps professionals obtain the positions they want more quickly.
The first step is to earn a bachelor’s or master’s degree in project management. Degrees will provide the skills necessary for obtaining a job.
As workflows increasingly rely on cross-team strategies, the demand for project managers is rising. Research shows that organizations that don’t rely on project management have higher rates of project failures. In that sense, project managers have a unique opportunity to make a large impact on the contemporary professional world, and a master’s degree can offer the focused training to do so.