The Pros and Cons of a Career in Project Management | Project Management (2024)

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    The Pros and Cons of a Career in Project Management | Project Management (93)

    Natassa Demetriou

    18 April 2023 - 6 min read

    However, as is the case with every career path, there are pros and cons that people interested in a project management career must consider, and here we discuss them to help you decide whether it is the right career path for you!

    The Pros of a Career in Project Management

    1) No two days are the same

    A career in project management is not the typical 9 to 5 job, to say the least, being that you’re rarely doing the same things from day to day.

    Since all projects are different from one another, each with their own set of objectives, challenges, risks and solutions, meaning you’re never stuck doing the same tedious tasks - making project management a great option for those who crave variety and get bored easily.

    In fact, monotonous work is considered to be one of the leading causes of employee burnout. According to a research conducted by LumApps, a leading employee experience platform, 88% of employees reported that they had experienced at least some level of burnout over the last 2 years, while ⅓ claimed to have suffered from physical and mental exhaustion as a result of workplace pressures.

    To this end, choosing a career in project management is ideal if you’re looking for a role to keep you motivated and content.

    The Pros and Cons of a Career in Project Management | Project Management (95)

    2) Earning power

    Even though project management is not a straightforward and easy job to have, one of its main advantages is that the effort you put into your work is recognised and rewarded. It is a lucrative career path you will definitely be satisfied with.

    Although a project manager’s salary can vary depending on location, company and level of experience, the average salary for a project manager in the UK is around £45,600, according to employment website Indeed.

    Project managers working on a freelance basis, however, can often earn more, as they tend to work with several high-paying companies simultaneously.

    3) Soft skill development

    Problem-solving, leadership, communication, budget and schedule management are just a few of the soft skills project managers develop throughout the course of their careers.

    The development of such skills, although are required to excel in a project management career and help you grow in your role, can also be utilised to explore different opportunities and career paths, while a background in project management suggests to future employers that you have in fact mastered these soft skills.

    The Pros and Cons of a Career in Project Management | Project Management (96)

    4) Not confined to one department

    Project managers do not tend to belong in a larger department or within set teams, the way that marketing or finance teams would work, for example. However, depending on the nature of each project, project managers have to collaborate with different departments within an organisation.

    For instance, if a project involves the development of a new e-commerce website, the project manager is required to collaborate with the finance, website development, user experience and marketing departments. Due to this, a project manager’s job is always kept interesting, working with a mix of colleagues, as well as providing them with a better understanding of how each department in their organisation operates.

    5) A fulfilling job with tangible goals

    Unlike colleagues from various departments working on a piece of a project, project managers get to see and work on a project from beginning till end, allowing them to reflect on the entire journey from beginning to end, adding to their knowledge and skill level as they go.

    For many project managers, there is nothing more satisfying than when a project they’ve been working on for an extended period of time has been completed successfully, allowing them to see it all come together after weeks or even months of targets, deadlines, milestones and a lot of hard work.

    The Cons of a Career in Project Management

    1) Dealing with dispute is a regular occurrence

    When it comes to defining project requirements, different areas within an organisation will prioritise different aspects of a project. This can often lead to numerous disputes arising throughout, which can be stressful to deal with and untangle.

    To add to that, a lack of resources and finances required for the successful completion of a project can also bring up disputes amongst colleagues, which is often out of a project manager's hands and forces them to have to recalibrate and pivot the direction of a project.

    To tackle such challenges, it’s important that project managers:

    • Create a clear project plan for everyone on the team to agree with and sign
    • Set a detailed timeline for the project’s major deadlines
    • Assign each team member their tasks for the duration of the project

    Clarifying expectations at the start can help prevent any unnecessary disputes along the way.

    The Pros and Cons of a Career in Project Management | Project Management (97)

    2) Ownership and accountability

    As a project manager’s role is to oversee all aspects of a project within an organisation, full accountability and ownership usually lies with them regarding the progress of a project as well as its outcome. Likewise, they are also held responsible when anything goes wrong with a project, such as delays and budget increases.

    This isn’t to say that it’s anyone’s fault when a project goes wrong, however, it’s the responsibility of a project manager to communicate effectively to ensure that those involved are aware of any setbacks in a timely manner so that each department can plan accordingly.

    Defining and assigning clear roles for each team member to ensure shared responsibility is critical to somewhat relieve the burden of ownership and accountability where applicable so that you - and everyone else - can do their jobs efficiently.

    3) Dealing with immense pressure daily

    Being that project managers are responsible for the team’s coordination and performance throughout a project, the role of a project manager can often be extremely stressful.

    It is no news that increased stress can negatively impact your productivity, from missing deadlines to going over-budget. This is a regular phenomenon for project managers as a result of the immense pressure placed on them, due to the amount of responsibility they have.

    A study published by the Kansas Journal of Medicine found that there is in fact a negative correlation between overall stress and productivity, where high stress scores were greatly associated with low productivity scores.

    So, if you are looking for a stress-free career with less responsibility, project management might not be the best choice for you.

    The Pros and Cons of a Career in Project Management | Project Management (98)

    4) Always uncertainty about a project’s final result

    The career of a project manager involves much uncertainty, while an expectation of risk-taking is also prevalent.

    Most often, the way a project will unfold is uncertain, with issues arising one after the other, requiring project managers to mitigate any risks. Unfortunately, the best way to learn is through trial and error.

    As a project manager the best way to approach this is by trying different things, seeing what works and improving on any mistakes you have made. This further justifies the importance of developing a well thought out plan regarding the project’s objectives, milestones and results.

    5) Constant need to understand company culture

    If you work as a freelance project manager, then you tend to change over projects and clients all the time. Due to that you are obligated to take on the tedious task of learning a company’s culture and policies to oversee projects effectively, by adapting the project’s objectives and methods to the standards of the company.

    Along with that, having to oversee projects with different team members means you are expected to put effort into getting to know and becoming comfortable with them. An effective way to accomplish this is by starting off each project with team bonding and ice breaker exercises to get everyone in the team comfortable with each other.

    Remember, an organisation’s employees are their number one ambassadors, which means the more you know a team’s members, the more you understand about the company and its culture.

    Are you interested in becoming a project manager? Enrol on a 100% online PRINCE2 course today to get started.

    Project Management PRINCE2 Acacia Learning Online Learning PRINCE2 Foundation PRINCE2 Practitioner

    Authors

    Natassa Demetriou Newcomer to the industry, with a Multimedia Journalism undergraduate background and a Master's in Marketing.
    "Acacia Introduces PRINCE2® Certifications"Learn More
    "6 Qualities of a Good Project Manager"Learn More
    "PRINCE2® Qualifications: What You Need to Know"Learn More
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    The Pros and Cons of a Career in Project Management | Project Management (2024)

    FAQs

    What are the pros and cons of project management? ›

    On the one hand, it's a high-paying, in-demand job that cannot bore you. On the other hand, it brings a lot of uncertainty, pressure, and a massive responsibility on your head to see to the success of a project. These are the things you must consider before deciding if it's the right career for you to pursue.

    Is a career in project management worth it? ›

    Yes, project management is definitely a good career with high salaries and plenty of variety at work, but it's also a demanding job that can be highly stressful at times.

    Why choose project management as a career? ›

    Financially rewarding with a clear career path

    Project management offers a clear career path with opportunities for growth, development and stability. Starting as a Project Support Officer or Coordinator, you can progress to become a Project Manager, Programme Manager, or even Head of Projects.

    What is the hardest part of being a project manager? ›

    Among the challenges project managers face, uncertainty holds a notable position. It's difficult to predict the end of the project and many still feel anxious about the project accomplishment. Unfortunately, under the pressure of changing requirements, project leaders are not always able to control the outcome.

    Is PMO a stressful job? ›

    Being a PMO (Project Management Officer) can be a challenging job due to its multifaceted nature. Coordinating various projects, managing budgets, and ensuring effective communication among team members can require extensive expertise and attention to detail.

    Is PM a good career? ›

    The Pros of a Career in Project Management

    Since all projects are different from one another, each with their own set of objectives, challenges, risks and solutions, meaning you're never stuck doing the same tedious tasks - making project management a great option for those who crave variety and get bored easily.

    Why did I quit being a project manager? ›

    Why do people leave their project management jobs? There are many reasons behind the decision to leave a job. In many cases, a person might feel underappreciated, or that they are not being paid enough. In some cases, project managers quit because they have too many responsibilities - and others, too few.

    Is project management a stressful job? ›

    Not surprisingly, project management can be incredibly stressful. We're responsible for delivery on time, on budget and scope but often have to deal with limited or poorly equipped resources, unrealistic client expectations and a to-do list that could easily reach the moon and back.

    Is it hard to get a project manager job? ›

    Getting your first project management role can be difficult and challenging, especially if you have no prior experience in this field. Not only are you competing against others who have years of experience under their belt, often your first opportunity might be for a junior level position (or even entry level).

    What is the hardest exam of project management? ›

    The Project Management Professional (PMP) exam is renowned for its difficulty, testing not just your knowledge but your ability to apply project management principles in real-world scenarios.

    Why do many project managers fail? ›

    Often, project managers fail because they are set up to fail. Organizational structures to support good project management and the people who perform it simply do not exist in many companies. Within any organization today, there is a wide range of experience in project managers.

    What do you dislike most about project management? ›

    The hardest thing about Project Management is dealing with the things that you have little control over.

    What are the pros and cons of management? ›

    The pros of being a manager are higher pay and growth opportunities, while the cons are stress and hiring and firing. Here is a more detailed look at the pros and cons of being a manager: Pros: Growth opportunities.

    What are the pros and cons of pert project management? ›

    The main advantage of PERT charts is that they offer a clean, minimalist overview of a project. This makes it easier to identify important success factors such as the critical path, key tasks and potential bottlenecks. The main disadvantage of PERT charts is that they can be very labour-intensive to create.

    Is project management a good side hustle? ›

    Freelance project management is a great side hustle for project managers looking to expand their skills and earn extra income. As a freelance project manager, you have the flexibility to choose the projects you want to work on and set your own rates.

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