What Is a Commercial Project Manager?
A commercial project manager, also known as a construction manager, supervises and operates projects on site. Most will oversee any of the entirety of projects and consult with clients in regards to their plans and costs. They schedule and manage all facets of their construction plan so that plans meet their design standards for their client. If a project is seen to be too large, a commercial project manager has the ability to hire other managers to ensure that all regulations are met. Check out the chart below for more general information:
|Education Requirement||Bachelor's degree (all construction managers)|
|Job Duties||Respond to work delays; report work progress; collaborate with other specialists; prepare budgets (all construction managers)|
|Median Salary (2019)||$85,457 per year**|
|Job Outlook (2016-2026)||11% growth* (all construction managers)|
Sources: *U.S. Bureau of Labor Statistics; **Payscale.com
Firstly, you will need to obtain a bachelor's degree from an accredited university, and having hands-on experience is extremely important. Although, if you are interested in working on smaller projects, having an associate's degree qualifies. A great degree to earn could be in construction engineering, science or building science. Employers are more likely to higher managers that have a bachelor's degree and physical construction experience. However, there have been times that those with high school diplomas and enough experience had a good chance of becoming managers.
A construction manager must have great analytical skills due to the nature of the job which requires meeting deadlines, solving issues on site, dealing with delays, etc. They must also be able to show their leadership and speaking skills as they are the voice that works as direct communication between clients and construction workers. Alongside this, decision making skills are very important on construction sites to finish projects effectively and quickly.
Career Salary and Job Outlook
Payscale.com notes that as of 2019, commercial project managers make a median of $85,457 per year, which is below the average salary of all construction managers, who in 2018 made a median of $93,270 per year according to the U.S. Bureau of Labor Statistics (BLS). The highest 10% of construction managers earned more than $161,510 per year and the lowest 10% earned $55,240 or less per year.
The employment rate between 2016 and 2026 is expected to grow by 11% for this occupation, reported the BLS. With the population and businesses continuing to grow, the need for construction managers to implement and finish projects is very important for the economy. Furthermore, the need for qualified individuals to be able to improve structures such as old buildings and highways is going to continue to grow.
Becoming a commercial project manager is a great way to get involved in the construction industry leading others. However, there might be some other careers you are interested in checking out. Check out 3 other careers that you may want to consider if you enjoyed reading about commercial project managers.