How Much Should You Make as a Project Manager in San Francisco?
Posted September 19th, 2016
The idea of working as a project manager can be enticing. The positions are generally considered well-paying, and often come with competitive benefits packages, but it can be hard to figure out exactly what you should expect to make as a project manager.
While the question seems simple, it is actually more complicated than it initially seems. The skills required to work as a project manager can vary depending on the project type or industry. For example, a project manager with experience with design firms may not be the ideal manager for an IT project. With that in mind, there are certain skills that all project managers should have to be considered competitive in the field.
Common Required Skills
The most vital skill required by all project managers is the ability to control the flow of the project. This involves being adept at organizing the various components, as well as coordinating all of the team members that will be involved. Being able to work with, and lead, a variety of personalities is critical in order to create harmony across the different sections involved.
Being able to create and adjust a project timeline is important, as different parts of the project may be contingent on the completion of specific steps. Budget management is also often required of project managers, as well as interacting with vendors when the project calls for it.
Ultimately, a project manager must possess all of the skills required to take ownership of the project, keep everyone moving towards their group goals and individual objectives, while remaining flexible enough to handle the changes that are sure to arise.
Specialty Skills
While some project managers work in a general capacity, moving between different industries or areas of focus, most choose to specialize in a particular area. Some common specialty areas include construction, IT, operations, and engineering.
Even though specializing is not a requirement, it can have a positive influence on your career. For those who want to specialize, you will need to be informed of the latest developments in your chosen sector, and familiarize yourself with what is required to complete jobs of that nature. You may not need to know how to complete each required task yourself, but it is helpful to know what all of the steps should be based on the nature of the project.
Salary Expectations
The average salary of a project manager in the San Francisco area is a little more than $93,000 per year, which is somewhat above the current national average. With that in mind, it is possible for senior project managers to see salaries above $150,000 depending on the size of the project and associated business.
It is important to remember that the average salary represents the central point within the current range. This means that approximately half of those working under the project management title will be making less than $93,000, and about half will make more. Your specific education, experience, and specialty will play a key role in determining what you should expect in regards to salary.
If you are hunting for your next project management opportunity, or would like to learn more about what other positions in the area, Bayside Solutions has the experience to get you moving in the right direction. Contact us today to see what job opportunities may be available to you.
