Asset management specialist vs project management specialist

The differences between asset management specialists and project management specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an asset management specialist, becoming a project management specialist takes usually requires 2-4 years. Additionally, a project management specialist has an average salary of $81,204, which is higher than the $75,109 average annual salary of an asset management specialist.

The top three skills for an asset management specialist include asset management, sharepoint and ITIL. The most important skills for a project management specialist are PMP, powerpoint, and status reports.

Asset management specialist vs project management specialist overview

	Asset Management Specialist	Project Management Specialist
Yearly salary	$75,109	$81,204
Hourly rate	$36.11	$39.04
Growth rate	10%	11%
Number of jobs	113,205	145,872
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 67%
Average age	42	44
Years of experience	2	4

What does an asset management specialist do?

Asset Management Specialists direct the growth management of overall system information technology value including maintenance and investment, inventory monitoring, and allocation of hardware and software. They are in charge of the everyday and long-term tactical management of technology-related hardware and software inside the organization. Their duties include planning, observing, and recording software permit and hardware assets to make certain vendors' contacts are complied with. They also design and execute procedures for monitoring systems assets to direct quality control in their entire lifecycles.

What does a project management specialist do?

A project management specialist is an individual who manages an entire project and serves as a point of contact for a client or customer. Project management specialists must provide detailed cost analysis and timetable reports to keep projects on schedule and budget. They must ask for frequent updates from all staff assigned so that they can identify potential problems that may keep projects from being completed on time. Project management specialists must also prepare progress reports of projects and create presentations for senior management.

Asset management specialist vs project management specialist salary

Asset management specialists and project management specialists have different pay scales, as shown below.

	Asset Management Specialist	Project Management Specialist
Average salary	$75,109	$81,204
Salary range	Between $46,000 And $121,000	Between $58,000 And $112,000
Highest paying City	Paramus, NJ	Bridgewater, NJ
Highest paying state	New Jersey	New Jersey
Best paying company	Enbridge	Enbridge
Best paying industry	Technology	Finance

Differences between asset management specialist and project management specialist education

There are a few differences between an asset management specialist and a project management specialist in terms of educational background:

	Asset Management Specialist	Project Management Specialist
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	Stanford University	Stanford University

Asset management specialist vs project management specialist demographics

Here are the differences between asset management specialists' and project management specialists' demographics:

	Asset Management Specialist	Project Management Specialist
Average age	42	44
Gender ratio	Male, 55.5% Female, 44.5%	Male, 52.4% Female, 47.6%
Race ratio	Black or African American, 13.0% Unknown, 5.3% Hispanic or Latino, 15.1% Asian, 11.2% White, 55.0% American Indian and Alaska Native, 0.4%	Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 11.8% White, 66.5% American Indian and Alaska Native, 0.2%
LGBT Percentage	11%	12%

Differences between asset management specialist and project management specialist duties and responsibilities

Asset management specialist example responsibilities.

Manage assets information through the remedy database.
Conduct daily safety audits and MSDS training to comply with OSHA.
Monitored/tracked assets in the AHB CMDB from inception to the end of lifecycle.
Conduct weekly reviews to ensure compliance with local, state, and federal regulations, including OSHA.
Serve as order administration support and process all channel type orders, direct orders, and EDI orders.
Help identify aging goods, and establish RMA process with hard drive vendors recouping costs on damage receivables.

Project management specialist example responsibilities.

Plan and manage all development and production activities for the company s new cardiac rhythmic management (CRM) extrusion line.
Manage user authorization in SharePoint.
Manage change management activation and stabilization activities for ERP project within all sites.
Manage a team responsible for designing service-orient application architecture, standards and best practices guidelines, security and data access frameworks.
Update, create stories, and modify VDS tasks in JIRA.
Facilitate project meetings, including setting the agenda, meeting logistics and documentation of meetings.

Asset management specialist vs project management specialist skills

Common asset management specialist skills

Asset Management, 24%
SharePoint, 8%
ITIL, 8%
Data Integrity, 7%
Portfolio, 5%
Management System, 3%

Common project management specialist skills

PMP, 9%
PowerPoint, 7%
Status Reports, 7%
Program Management, 6%
Customer Service, 6%
Project Management Tools, 5%

Asset Management Specialist vs. similar jobs

Asset Management Specialist related careers

Asset Management Specialist related jobs

What similar roles do

Zippia Careers
Computer and Mathematical Industry
Asset Management Specialist
Asset Management Specialist vs Project Management Specialist

Updated January 8, 2025

Browse computer and mathematical jobs