Career Competition for Project Managers

Introduction

Choosing to embark on a career as a project manager could potentially be one of the wisest decisions you make. If you normally thrive in daily challenges, enjoy leading and working with teams at all levels within an organisation, and help teams push through issues and roadblocks, then project management may be for you. Project management is a rewarding profession that is in high demand. According to PMI¹, it is estimated that the global economy will need around 25 million new project professionals by the year 2030, which means that 2.3 million people will need to enter the project management field every year to keep up with the demand.

As technology rapidly evolves, post-pandemic and through the accelerating business and digital transformation, the project management profession experiences high competition and evolvement and switches from a reactive way of working to a more proactive and agile method of managing projects. More than 60% of projects are currently related to technology and transformation, which demonstrates that despite the challenges, new opportunities for innovation and improvement can emerge, and the adoption of innovative technologies, digital transformation and processes create new ways of working in project management, which represent new opportunities to competition between organisations and between project management professionals.  

Is Project Management Competitive?

Project Managers generally look forward to completing larger projects as their career progresses and improving their pe...