As a project manager, you are responsible for the planning, implementation and completion of projects. This includes defining project goals, coordinating team members and monitoring progress. Project managers must ensure that projects are completed on time and within budget. They communicate regularly with stakeholders and are the central point of contact for all project issues.
A project manager in Germany earns an average of 56,000€ per year, which corresponds to a monthly gross salary of 4,667€. The salary can vary depending on the federal state and company. The highest average salary of 59,829€ per year is paid in Bremen, while the lowest average salary of 50,700€ per year is reached in Brandenburg.
Work experience plays an important role in salary development. With increasing experience, the salary rises, and after more than 10 years of professional experience, one can be considered a Professional. Positions with personnel responsibility are generally better paid.
Freelance project managers can charge a daily rate of 1,008€, which can lead to an average annual profit of 111,761€. There are also performance-based compensations such as bonuses and incentives that can increase the total income in project management by 9%.
However, there is also a gender pay gap in project management, with women earning on average 11.3% less than their male colleagues.
A career as a project manager usually requires a university degree and special further training in project management. Many project managers have a background in business administration, engineering or a related field. In addition, certificates such as PMP (Project Management Professional) or PRINCE2 are an advantage to stand out from other applicants.
Project managers have a wide range of career opportunities. They can work in a variety of industries, including construction, IT, healthcare and marketing. With sufficient experience and a proven track record, there is the opportunity to progress to senior management positions or take on specialized roles such as program manager. Project managers can also use their skills in management consultancy or in their own business.